Contract manufacturer Amber to retire debt with IPO money

Contract manufacturer Amber to retire debt with IPO money

Authors: TheIndianSubcontinent News Agency

The Gurugram-based contract manufacturer Amber Enterprises is aiming to raise Rs 555 crore through an initial public offer and plans to utilise a part of the proceeds to retire debt.

The company, which contract-manufactures ACs for Voltas, Hitachi, Daikin, Godrej, LG, Panasonic and Whirlpool among

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