Amber Enterprises India Ltd’S Rs600 crore IPO will open on 17 January and close on 19 January. Mumbai: Amber Enterprises India Ltd, a manufacturer of air conditioners, on Tuesday said it has raised around Rs178.71 crore by selling shares to institutional investors as part of its anchor book allocation, a day before its initial public offering (IPO) opens. Shares were allocated to 15 investors at Rs859 apiece, the upper end of the price band of Rs855-859 for the Amber IPO. The Rs600 crore IPO will open on 17 January and close on 19 January. Edelweiss Financial Services Ltd, IDFC Bank Ltd, SBI Capital Markets Ltd and BNP Paribas are managing the Amber IPO.

Source: Mint January 16, 2018 18:33 UTC