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Last Updated : Jan 17, 2018 02:25 PM IST | Source: CNBC-TV18

Expect to do better than the industry growth rate: Amber Enterprises

Amber Enterprises India's initial public offering (IPO) kicks off today with a price band set at Rs 855-859 per share. In an interview with CNBC-TV18, Jasbir Singh, Chairman & CEO of Amber Enterprises spoke at length about the issue.

CNBC TV18 @moneycontrolcom

Amber Enterprises India's initial public offering (IPO) kicks off today with a price band set at Rs 855-859 per share. In an interview with CNBC-TV18, Jasbir Singh, Chairman & CEO of Amber Enterprises spoke at length about the issue.

We are a large original design manufacturing (ODM); 72 percent is ODM category and remaining is original equipment manufacturing (OEM) category, said Singh.

He further said that we have historically outnumbered the industry growth.

Talking about business, he said our current utilisation at 45 percent and current borrowing rate is at 9.5 percent.

We expect to do better than the industry growth rate, he added.

We are focused on expanding our product portfolio currently, said Singh.

Watch accompanying video for more details.
First Published on Jan 17, 2018 02:25 pm
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