*Amber Enterprises Limited IPO Update:*

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