Amber Enterprises India IPO GMP History
Amber Enterprises India IPO has been listed on January 30, 2018 at a listing price of ₹1175, against the issue price of ₹859 — a gain of ₹316 (+36.79%). The GMP peaked at ₹505 on 21 January 2018 and reached a low of ₹405 on 29 January 2018. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Amber Enterprises India IPO raised ₹599.6 Cr. through its IPO at a price band of ₹855 to ₹859 per share, with a lot size of 17 shares. The IPO was open for subscription from 17 Jan 2018 to 19 Jan 2018.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 29 Jan 2018 | ₹ 405 | ▼ | 47% | — | — |
| 28 Jan 2018 | ₹ 465 | — | 54% | — | — |
| 27 Jan 2018 | ₹ 465 | — | 54% | — | — |
| 26 Jan 2018 | ₹ 465 | — | 54% | — | — |
| 25 Jan 2018 | ₹ 465 | ▼ | 54% | — | — |
| 24 Jan 2018 | ₹ 485 | — | 56% | — | — |
| 23 Jan 2018 | ₹ 485 | — | 56% | — | — |
| 22 Jan 2018 | ₹ 485 | ▼ | 56% | — | — |
| 21 Jan 2018 | ₹ 505 | — | 59% | — | — |
| 20 Jan 2018 | ₹ 505 | — | 59% | — | — |
| 19 Jan 2018 | ₹ 505 | — | 59% | — | — |
| 18 Jan 2018 | ₹ 505 | — | 59% | — | — |
| 17 Jan 2018 | ₹ 505 | ▲ | 59% | — | — |
| 16 Jan 2018 | ₹ 465 | ▲ | 54% | — | — |
| 15 Jan 2018 | ₹ 445 | — | 52% | — | — |
| 13 Jan 2018 | ₹ 445 | — | 52% | — | — |
| 12 Jan 2018 | ₹ 445 | — | 52% | — | — |
| 11 Jan 2018 | ₹ 445 | — | 52% | — | — |
| 10 Jan 2018 | ₹ 445 | — | 52% | — | — |
Amber Enterprises India IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 17 Jan 2018
- Close 19 Jan 2018
- Allotment 24 Jan 2018
- Refund/credit 25 Jan 2018
- Listing 30 Jan 2018
Amber Enterprises India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹859 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1264 (+47.1%) |
| Listing gain / loss | +₹316 per share |
| Listing date | 30 Jan, 2018 |
| Actual listing price | ₹1175 (+36.79%) |
Is Amber Enterprises India IPO GMP reliable?
Grey market premium for Amber Enterprises India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Amber Enterprises India IPO full review for a fundamentals-based assessment before making any grey market trades.
Amber Enterprises India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Amber Enterprises India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Amber Enterprises India IPO
Amber Enterprises India Limited is a Punjab based maker of air conditioners and their components. Its promoters are Jasbir Singh and Daljit Singh.
With a 55.4% market share, it is the market leader in room air conditioner design and manufacturing.
It makes RACs for 8 of the top 10 RAC brands in India, including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool.
The IPO was Rs 599.6 crore, with Rs 474.68 crore of fresh issue and Rs 124.92 crore of offer for sale, at Rs 859, the top of the Rs 855 to Rs 859 band. Most of the fresh money was for repaying borrowings.
Frequently asked
What is the GMP of Amber Enterprises India IPO?
The current Grey Market Premium (GMP) of Amber Enterprises India IPO is ₹ 405.
What is the Kostak Price of Amber Enterprises India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Amber Enterprises India IPO is not available.
What is the Subject to Sauda Price of Amber Enterprises India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Amber Enterprises India IPO?
Amber Enterprises India IPO listed on January 30, 2018 at ₹1175, against the issue price of ₹859 — a gain of +36.79%.
How did the GMP of Amber Enterprises India IPO trend before listing?
The GMP of Amber Enterprises India IPO was falling in its final days before listing. The GMP peaked at ₹505 on 21 January 2018. View the day-wise table above for the complete GMP history.
Explore Amber Enterprises India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
