Amber Enterprises Limited IPO Update:
Anchor Book open & close: 16-Jan-2018
Offer Opens On: 17-Jan-2018
Offer Closes On: 19-Jan-2018
Price Band: ₹ 855 to ₹ 859
Bid Lot: 17 Equity Shares & in multiple thereafter
Employee Discount: ₹ 85 on issue price
Face Value: ₹ 10 per share
Offer Size: ₹ 600 Crs
Employee Reservation: 50000 Equity Shares i.e ₹ 4.29 Crs at upper band
Net Offer: ₹ 595.71 at upper band
Net offer Split at upper band:
QIB: ₹ 297.85 Crs (50% of Net Offer)
NIB: ₹ 89.36 Crs (15% of Net Offer)
Retail: ₹ 208.50 Crs (35% of Net Offer)
Listing: NSE & BSE
Indicative Timetable Post closing:
Finalisation of Basis of Allotment: on or about 24-Jan-2018
Initiation of Refund: on or about 25-Jan-2018
Credit of shares: on or about 29-Jan-2018
Commencement of Trading: on or about 30-Jan-2018