Amber Enterprises India Limited is a one-stop solutions provider for major brands in the room air conditioners (“RAC”) industry. The company is the largest supplier of roof mounted package unit air conditioners for main line Indian Railways and a leading player in mobility applications segment with a dominant market share in FY 2020.
Edelweiss acted as the Book Running Lead Manager (BRLM) for the issue. Edelweiss successfully closed the 4th deal for Amber Enterprises in ~4 years. The Issue garnered High Quality Long Only Investors across regions including US, Europe, Asia and India. The QIP was priced at a tight discount of ~3% to the previous close.
Edelweiss Financial Services
Advised in the sale of
Amber Enterprises Limited
to