Amber Enterprises India got listed on the stock markets on Tuesday with a premium of 36.79% over its issue price. At the NSE, stock opened at Rs 1,175 a share as against issue price of Rs 859 a share.

Currently, shares are trading at Rs 1,174.05, up 36.68% from its issue price. It recorded a high of Rs 1,184.75 and a low of Rs 1,115 at the NSE (10:40 am).

Amber Enterprises India is a 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 RAC's for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool.