Amber Enterprises India has announced the approval for a Qualified Institutions Placement (QIP) issue of equity shares. The Fund Raising Committee approved the opening of the issue on September 16, 2025. The floor price for the issue has been set at ₹7,790.88 per equity share. The company may offer a discount of up to 5% on the floor price. The proceeds will be used for corporate purposes and growth initiatives.
QIP Issue Launch
Amber Enterprises India’s Board has approved the launch of a Qualified Institutions Placement (QIP) issue of equity shares. The decision was made during a meeting of the Fund Raising Committee held on September 16, 2025. This follows prior approvals from the Board of Directors on July 12, 2025, and shareholders on August 11, 2025.
Key Terms of the Issue
The floor price for the QIP issue has been set at ₹7,790.88 per equity share. This price is based on the pricing formula prescribed under the SEBI ICDR Regulations. Amber Enterprises may offer a discount of up to 5% on this floor price at its discretion. The ‘Relevant Date’ for the purpose of the issue is September 16, 2025.
Related Documentation
The company has approved and adopted the Preliminary Placement Document (PPD) dated September 16, 2025, in connection with this issue. This document will be filed with the BSE Limited and the National Stock Exchange of India Limited on September 16, 2025.
Trading Window Closure
In line with insider trading regulations, the trading window for dealing in the company’s securities remains closed for all designated persons and their immediate relatives until further notice.
Source: BSE
