Synopsis:
Amber Enterprises India Limited issued 12,57,861 new equity shares for Rs. 7,950 per share, raising approximately Rs. 999.99 crore through a qualified institutions placement, with the shares of the company increasing from 3.39 crore to 3.51 crore.
The shares of a mid-cap firm, which is a leading player in India’s room air conditioner industry, gained attention after the firm issued shares through a qualified institutions placement. With a market value of Rs.28,088.93 crore, the shares of Amber enterprises were trading at Rs.8,288, down by 0.24 percent from the previous close of Rs.8,307.85.
What’s the news?
Amber Enterprises India Limited opened its qualified institutional placement from September 16, 2025, to September 22, 2025. On the closing date, the company approved the allotment of 12,57,861 equity shares at an issue price of Rs.7,950 per share with the face value of Rs.10 each, raising about Rs.999.99 crore.
Following this issue, the company’s outstanding shares increased from 3.39 crore to 3.51 crore. The funds raised through the QIP will be utilized to support business expansion and operational needs.
Several major institutional investors were allotted more than 5 percent of the shares issued under the QIP. Key participants included Nomura India Investment Fund Mother Fund, Invesco India Funds, HDFC Life Insurance, Allianz Global Investors, and HDFC Mutual Fund, each of which received between 5 percent and 15 percent of the total shares allotted.
Also read: Infra stock jumps after receiving ₹459 Cr order for EPC project in Telangana
Company Overview
Amber Enterprises India Limited is a leading player in India’s room air conditioner industry and operates in the consumer durables manufacturing sector. It produces a wide range of products, including complete RACs, components for both RAC and non-RAC products, as well as HVAC solutions for mobility applications.
The company has 23 manufacturing units across 8 locations in India. The company’s major customers include well-known RAC brands like Daikin, Hitachi, LG, Panasonic, Voltas, and Whirlpool.
In Q1FY26, the company generated revenue of Rs.3,449 crore, higher than Rs.2,401 crore in Q1FY25. Its net profit climbed to Rs.106 crore from Rs.75 crore last year. It has delivered an 11.3 percent return on equity and 14.5 percent return on capital employed. However, the stock is trading at a P/E ratio of 102.02, with the industry average of 59.32.
Written By Jhanavi Sivakumar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
