Archive · 23 Sep 2025
Amber Enterprises Raises ₹1,000 Crore via QIP
Amber Enterprises sold new shares to institutional investors, known as a QIP, raising nearly ₹1,000 crore.
They issued over 1.2 million shares at ₹7,950 each, slightly below the previous day's closing price.
Major investors included Nomura India Investment Fund and several Invesco India schemes, as well as HDFC Life Insurance and Allianz Global Investors Fund.
The offering closed on September 22.
The company's total number of shares increased after the QIP.
The company also has a strategic funding plan.
Amber Enterprises raised nearly ₹1,000 crore through a QIP.
The company issued 12,57,861 shares.
Shares were issued at ₹7,950 each, a 4.3% discount.
Several funds bought shares, including Nomura and Invesco.
The QIP ran from September 16 to September 22.
- Who
- Amber Enterprises
- What
- Closed a ₹999.99 crore QIP by issuing shares.
- When
- September 16-22
- Where
- Not explicitly mentioned in the article
- Why
- To raise capital.
Company
Investors
Goal
Company
Raise Capital
Investors
Invest in a promising company
- Company
- Amber Enterprises Ltd
- Amount Raised
- ₹999.99 crore
- Method
- Qualified Institutional Placement (QIP)
- Shares Issued
- 12,57,861
- Share Price
- ₹7,950
- Share Discount
- 4.3%
- Closing Price (Monday)
- ₹8,307.85
- QIP Open - Close
- September 16 - September 22
