Amber Enterprises India IPO
Amber Enterprises India Limited (AMBER) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 January 2018.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 13,93,578 | 24,38,56,619 | 175x | |
| NII (HNI) total | 10,45,132 | 54,26,95,063 | 519x | |
| Retail | 24,38,641 | 2,84,00,200 | 11.7x | |
| Employees | 50,000 | 1,13,305 | 2.27x | |
| Total | 49,27,351 | 81,50,65,187 | 165x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 3% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Amber Enterprises India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| MAS Financial ServicesOct 2017 | 148x | 379x | 16.0x | 128x | ₹464 Cr | +43.8% | +48.5% |
| Capacit'e InfraprojectsSep 2017 | 131x | 638x | 17.6x | 183x | ₹408 Cr | +59.6% | +59.6% |
| Dixon Technologies (India)Sep 2017 | 135x | 346x | 10.6x | 118x | ₹600 Cr | +54.3% | +71.2% |
| Central Depository Services (India)Jun 2017 | 149x | 563x | 23.8x | 170x | ₹524 Cr | +67.8% | +81.2% |
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
| Avenue SupermartsMar 2017 | 145x | 278x | 7.51x | 105x | ₹1,895 Cr | +100.7% | +117.0% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Edelweiss Financial Services | 16 | +25.0% | 69% |
| IDFC Bank | — | — | — |
| SBI Capital Markets | 56 | +16.7% | 61% |
| BNP Paribas | 10 | +10.5% | 50% |
Offer documents (NSE)
Frequently asked
What is the Amber Enterprises India IPO price band and lot size? ₹855–859 per share, with a lot of 17 shares, so the smallest retail bid is ₹14,603.
How many times has it been subscribed? 165x overall: QIB 175x, NII 519x, retail 11.7x, employees 2.27x.
How did it list? It opened at ₹1,175, +36.8% against the issue price of ₹859, and closed its first day +45.0%.
