Amber Enterprises India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,467,432 (50%) | — | ₹29,785 Cr |
| NII (HNI) | — | 1,040,230 (15%) | — | ₹8,936 Cr |
| Retail | — | 2,427,203 (35%) | — | ₹20,850 Cr |
| Employee | — | 50,000 (1%) | — | ₹43 Cr |
| Σ Total | — | 6,984,865 (100%) | — | ₹600,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 17 | ₹14,603 |
| Retail (Max) | 13 | 221 | ₹189,839 |
| S-HNI (Min) | 14 | 238 | ₹204,442 |
| B-HNI (Min) | 67 | 1,139 | ₹978,401 |
Financial Statements Amount In Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 1,652 | 1,092 | 1,236 |
| Profit After Tax | 28 | 24 | 29 |
| Total Assets | 1,287 | 1,115 | 1,006 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Prepayment or repayment of all or a portion of certain borrowings availed by the Company – 400.00
- 2 General corporate purposes – 42.74
Company Overview
Incorporated in 1990, Amber Enterprises India Limited is Punjab based manufacturer of air conditioners and its component in India. With the market share of 55.4%, Amber is the market leader in the Room Air Conditioner (RAC) design and manufacturing. Amber manufacture these RAC's for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. These 8 brands have over 75% of market share in India.
Amber Enterprises Product portfolio:
1. Room Air Conditioners (RACs) - This includes window air conditioners and indoor units and outdoor units of split air conditioners.
2. RAC Components - Critical and reliability functional components of RACs such as heat exchangers, motors and multi-flow condensers.
3. Other Components - Other related components including case liners for refrigerator, plastic extrusion sheets for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries.
Company has a dedicated R&D centre located at our Rajpura facility which is equipped with a psychometric lab which is accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL) with ISO/IEC 17025:2005 certification and facilities for 3D modelling, quality and product testing and a dedicated team. Company has 10 manufacturing facilities across seven locations in India.
Competitive Strengths
1. Market leadership in the RAC OEM/ODM industry in India
2. One stop solutions provider for the RAC industry with high degree of backward integration
3. Strong customer relationships with the majority of leading RAC brands in India
4. R&D and product design capabilities leading to high proportion of ODM business.