Amber Enterprises India Limited IPO Message Board (Page 28)

Which one is better newgen or amber

amber for sure....

Amber is far better than Newgen.

*AMBER ENTERPRISES LTD IPO*
*2ND DAY SUBS.FIGURE AT 12:35 P.M.*
QIB 2.03X**
NII 0.23X
RII 1.96X
EMP 0.57X
TOTAL 1.60X
**Excluding Anchor
Total No.of FORMS : 226390
*Apps Wise : 1.59X*

Newgen software kitna bhara he

Plz share link of live subscription

BHEL bags Rs 2,800-cr order for power project in Maharashtra
It will be set up as an expansion project of Maharashtra State Power Generation Company''s (MAHAGENCO) Bhusawal Thermal Power Station in Jalgaon district, BHEL said in a BSE filing.

What probability of allotment if I apply for more than one lot in single application compare to application for only one lot in one application?

eventually it is a lottery, so either way the chances are the same.

no difference if issue is over subscribed

Gmp kya he????

o

Dear Ravi

GMP is 470 actually, others is 500-515

Gmp of Amber Enterprises is 490-500
Gmp of Newgen Software is 15-18
Gmp of Apollo Micro is 190-200.

........... . Amber enterprises...........
________________________________________

- Room Air Conditioner (RAC) , their components manufacturer (including inverter AC)
- Market leader with 55.4% market share.
- Top 8 from 10 indian AC brand are customers of this punjab based RAC manufacturer(Top 10 AC brands hv 75% mkt share)
- 11 manufacturing facilities, 7 locations

_________________________________________
Industry :
2018-22 13% CAgR volume growth possible in RAC.
Hugh growth opportunities because indian RAC mkt current penetration at just 4%.
___________________
Fresh issue of 475 cr, OFS 125cr33

Profit caGr = 10%
REVENUE CAgR = 17%
Margin(2017)= 1.7%
Margin(2018 HY 1) = 2.9%

Margin up by 120 bps and profit almost doubled ( same profit in 2018 HY 1 as Full year 2017)
_________________________________________
Valuation :

post issue equity : 31446540
2017 PAT : 28cr, EPS : 9 => PE : 92

2018 HY 1 PAT = 27.3cr
=> Full year expected PAT = 47.5cr (1900 cr sales 2.5% margin)
=> EPS : 15.3 => PE : 56 (@859 rs)

@3% margin => EPS : 18 => PE : 47

@859 M.Cap 2700 cr on sales of 1900 cr
P/S = 1.42x
______________________________________
Peers : None.
Somewhat similar businesses model : Dixon Technologies.

......................... Amber......... Dixon

PE(2018).................56...............67
P/S(2018)..............1.42x.........1.5x
CAGR(Top line).......17%..........30%
CaGr(bottom)......... 10%......... ..70%
Margin(HY 2018)......2.9%......... 2%

Dixon cmp : 3800rs
Amber : 859rs

So, Amber somewhat lagging in delivering good growth. Let see how they utilise this 400cr fresh for improving bottom line.
_______________________________________.

Seeing First Mover, tremendous growth opportunities, mkt leader, consumption segment, bull mkt condition and improved margin(Past 2 quarters)

2x m.cap/sales should be fair value (because PE here not much useful as it swing widely by small margin changes)

i.e = 2*1900 cr = 3800cr m. Cap
=> 1208 INR (Fair value imo) (listing tgt)

Year 2019 sales : 2200 cr = 4400cr m. Cap
=> 1400 INR(1 yr tgt)


_________________________________________
Rii reqd 1.4L forms, expecting 8-9L forms ,
Allotment chances 1/6.
________________________________________
ConcL.

One may apply for listing gain and long term.


Consider above as an imo only ????

Gamble sir thank you very much for your guidance.....hoping Septa sir also start contributing soon....Uchit patel sir thanks to you too...
Also missing from this forum is EE, Shareview, nidhike, market kid. Do contribute all.

I am really fed up of many numerologist born in this forum.

Day high 1328.90 @NSE.
GAMBLE SIR it will hit your 1yr target soon.

Avoid this ipo.compare with Dixon looks costly.

dixon was costly or evenly priced... if people had subscribed and now reaping the gains...ineligibles will understand!

Revenue , PAT , EPS , Margin of dixon are better than amber.BV also better

Amber Enterprises India Ltd. IPO
Subscription figures (BSE+NSE)
as on day 1@5pm:-
QIB(50%) - 2.02X **
HNI(15%) - 0.1X
Retail(35%) - 0.88X (1,43,449 lots)
Employee - 0.33X (2941 lots)
Total - 1.04X
**Excluding Anchors
Good start. A must apply IPO so try your luck & apply single lot @ cutoff. I have also applied single lot.

Good starting...

DSR & ???????????????? ROY ???????????????? ..Thanks a bunch! Abhi pakka nahi huya sir....Need your blessings & advice.

septa sir no more views? nor in ipo nor in secondary mkt? we really need your advise.

On holiday...

Strange to see in prospectus that company does not believe any company as its peers though recently listed dixon belongs to this group.

Both are OEM however Amber is leader in the RAC industry while Dixon makes washing machine and other products. They do not make same products hence they are not direct peers.
Yes these are closest peers.

Yeah DSR, your last sentence makes the right conviction...

Nice opening by Amber on first day. Bumper subscription expected. A must apply.

AGREE... wish newgen ''ers instead applied!

Qualified Institutional Buyers(QIBs)      2.03
Non Institutional Investors            0.10
Retail Individual Investors(RIIs)       0.89
Employee Reservation            0.33
Total      1.04
*Excluding Anchor

Total No.of Application Approx : ~ 102077
Retail Subscription on the basis of Apps : 0.71 x

Please send Apollo micro allotment link.

http://www.bigshareonline.com/bssipoapplicationstatus.aspx



still not uploaded the allotment

Typical ALKAGA... wait to wait for waitiness! ;-)

How much return can u expect in this IPO

SUBSCRIPTION FIGURE UPDATED AS ON 17/01/2018 3:59PM

Qualified Institutional Buyers(QIBs)* x1.19
Non Institutional Investors x0.09
Retail Individual Investors(RIIs) x0.72
Employee Reservation x0.32

qib 2.0211

Hi,

"Corporation bank" ASBA there 2 entries showing for Amber
1 is without discount
2nd one is with discount - 85 per share but message is coming this investor type not allowed to this issue.

please guide

Discount only for employees category.

Glad u guys replied! cancelled my EMP application and applied for the correct one without discount.

*AMBER ENTERPRISES LTD IPO*
*1ST DAY SUBS.FIGURE AT 03:00 P.M.*
QIB 0.10X**
NII 0.08X
RII 0.57X
EMP 0.25X
TOTAL 0.33X
**Excluding Anchor
Total No.of FORMS : 62360
*Apps Wise : 0.44X*

Is it recommended to subscribe amber IPO