Amber Enterprises India Ltd.

Incorporated in 1990, Amber Enterprises India Limited is Punjab based manufacturer of air conditioners and its component in India. With the market share of 55.4%, Amber is the market leader in the Room Air Conditioner (RAC) design and manufacturing. Amber manufacture these RAC's for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. These 8 brands have over 75% of market share in India.Amber Enterprises Product portfolio:1. Room Air Conditioners (RACs) - This includes window air conditioners and indoor units and outdoor units of split air conditioners.2. RAC Components - Critical and reliability functional components of RACs such as heat exchangers, motors and multi-flow condensers.3. Other Components - Other related components including case liners for refrigerator, plastic extrusion sheets for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries.Company has a dedicated R&D centre located at our Rajpura facility which is equipped with a psychometric lab which is accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL) with ISO/IEC 17025:2005 certification and facilities for 3D modelling, quality and product testing and a dedicated team. Company has 10 manufacturing facilities across seven locations in India.Competitive Strengths1. Market leadership in the RAC OEM/ODM industry in India2. One stop solutions provider for the RAC industry with high degree of backward integration3. Strong customer relationships with the majority of leading RAC brands in India4. R&D and product design capabilities leading to high proportion of ODM business.

Amber Enterprises India Ltd. proposes to utilise the net proceeds from the Issue for the following objects: