Welcome to greymarket.co.in. Amber Enterprise India Limited has notified the stock exchanges that it is going to come with an initial public offering (IPO) in January 2018. This will be the third IPO after Apollo Micro Systems and Newgen Software Technologies. The company has decided to raise Rs 600 crores from the markets. The IPO will be a fresh issue and an offer for sale. The company will issue fresh equity shares aggregating up to Rs. 475 crore and an offer for sale of up to Rs 125 crore. The promoters of the company Jasbir Singh and Daljit Singh will sell their stake. Jasbir Singh and Daljit Singh both will sell shares worth Rs 62.5 crore. So, if you are one of the investors who has applied for this IPO and want to check the daily GMP of Amber Enterprise IPO, then you are at the right place. We are going to update this page every day until the listing day. So, investors get latest and updated grey market price of Amber Enterprise IPO. Check the given section for more details and other relevant details.
Amber Enterprise India IPO Grey Market Price and Premium
Here is some brief information about this IPO.
- Company name: Amber Enterprise India Limited
- IPO open date: 17th January 2018
- IPO close date: 19th January 2018
- IPO Price band: Rs. 855 – Rs. 859
- Lot size: 17 Shares
- Promoters: Jasbir Singh and Daljit Singh
Amber Enterprises is a market leader in the room air conditioner (RAC) OEM/ODM industry. The company is based in Punjab and it holds 55.4% market share of RAC industry in India as per the F&S report. The company manufactures products for the top 08 RAC brands in India. Some of the major clients of the company are Daikin, Hitachi, LG, Panasonic, Voltas, and Whirlpool. The fundamentals of the company look good this is why the company has started well in the grey market segment. If you want to know more about the Amber Enterprise India Limited IPO, please follow the given link.
Amber Enterprise IPO GMP Rates / Latest / Updated
The company has fixed the IPO price at Rs. 855 – Rs. 859 per equity shares. The Bids can be made for a minimum lot of 17 equity shares and in multiples of 17 shares thereafter. At the upper band of the price, Investors have to pay Rs. 14,603 for a lot of 17 equity shares. The current GMP of Amber Enterprises is quoting between Rs. 400 to 450 as on 11th January 2017. But the rates will be changing as per the demand and the market sentiments. Candidates are advised to check the prices daily and do not make the decision just on the basis of the grey market premium. Please do your study before applying.
|11 Jan 2018||Rs. 400 to 450||Rs. 500|
|12 Jan 2018||Rs. 450||Rs. 500||Rs. 5800|
|15 Jan 2018||Rs. 470||Rs. 650||Rs. 6000|
|16 Jan 2018||Rs. 475||Rs. 650||Rs. 6000|