Amber Enterprises India Limited announced that it has officially opened its Qualified Institutions Placement (QIP) of equity shares on September 16, 2025.
The company informed the exchanges that the floor price for the issue has been set at ₹7,790.88 per share, based on the pricing formula prescribed under SEBI ICDR Regulations. The Fund Raising Committee of the Board approved the opening of the issue, adoption of the preliminary placement document, and the application form on the same date.
Amber Enterprises also confirmed that, in line with shareholder approval granted on August 11, 2025, it may offer a discount of up to 5% on the floor price. The final issue price will be determined in consultation with the book running lead managers.
The company further noted that the trading window for insiders remains closed as per SEBI’s insider trading regulations.
The fundraising move comes after the Board’s approval in July and is expected to strengthen the company’s capital base for future growth initiatives.
