Amber Enterprises India has successfully completed its qualified institutions placement (QIP) of equity shares. The Fund Raising Committee approved the closure of the issue on September 22, 2025. A total of 12,57,861 Equity Shares were allocated at an issue price of ₹7,950.00 per share. The placement document was adopted on the same date.
QIP Issue Closure
Amber Enterprises India announced the closure of its qualified institutions placement (QIP) on September 22, 2025. This follows an earlier announcement regarding the issue’s opening and floor price.
Allocation and Pricing
The Fund Raising Committee of the Board of Directors approved the allocation of 12,57,861 Equity Shares. The issue price was set at ₹7,950.00 per Equity Share, which includes a premium of ₹7,940.00 per Equity Share.
Key Approvals
The following was confirmed during the meeting:
- Approved closure of the Issue on September 22, 2025.
- Determined and approved the allocation of 12,57,861 Equity Shares at ₹7,950.00 per share.
- Approved the placement document dated September 22, 2025.
- Approved the confirmation of allocation note to be sent to the eligible qualified institutional buyers.
Fund Raising Committee Meeting
The Fund Raising Committee of the Board of Directors commenced at 8:15 P.M. IST and concluded at 8:40 P.M. IST.
Source: BSE