IPO Analysis > Amba Auto Sales & Services IPO
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Amba Auto Sales & Services IPO 2026: Open 27-29 Apr, ₹130-135 Price Band

Amba Auto Sales & Services IPO Summary

The Indian two-wheeler segment is expected to experience significant CAGR expansion till 2030 due to increasing urban mobility, premium brands, and growing retail footprint through initiatives such as Make in India. There is a strong positive impact on the performance of the existing dealers like Amba Auto Sales & Services due to increasing service activities and multiple brands showrooms.

Amba Auto Sales & Services Ltd operates as one of the top two-wheeler dealerships and service companies in Bangalore having 29 showrooms for selling and providing services for top-notch manufacturers such as Honda and TVS. The company processes more than 100K+ vehicles per year and provides retail services from sales to after-sale services. Established in 2013, Amba Auto Sales & Services Ltd is headquartered in Bengaluru, Karnataka. Sales operation, customer services, and inventory management teams work effectively in the organization.

In terms of financial health, Amba Auto Sales & Services Ltd has performed excellently. Re-stated numbers indicate total income of ₹133 Crores in FY25 where PAT stands at ₹16.11 Cr. Revenue growth of 28% is observed YoY along with PAT margins of 37%.

Amba Auto Sales & Services Ltd has launched an SME IPO of 43.08 lakh equity shares (face value ₹10 each), aggregating ₹59.2 Cr at a price band of ₹130-₹135 per share. This book-built issue on NSE SME includes a fresh issue and market-making portion, opening April 27–29, 2026, with allotment on April 30. Hem Securities Ltd leads as book runner, with KFin Technologies as registrar.

Amba Auto Sales & Services Limited IPO Details:

Amba Auto Sales & Services IPO Opening Date

27th Apr 2026

Amba Auto Sales & Services IPO Closing Date

29th Apr 2026

Amba Auto Sales & Services IPO Allotment Date

30th Apr 2026

Initiation of Refunds

04th May 2026

Credit of shares in Demat

04th May 2026

Amba Auto Sales & Services IPO Listing Date

05th May 2026

Amba Auto Sales & Services IPO Price

Rs.130 - Rs.135

Amba Auto Sales & Services IPO Issue Size

₹65.12 Cr

Amba Auto Sales & Services IPO Fresh Issue Size

₹61.86 Cr

Amba Auto Sales & Services IPO Offer for Sale

N/A

Amba Auto Sales & Services IPO Reserved for Market Maker

₹3.27 Cr

Amba Auto Sales & Services IPO Lot Size

1000 shares

Face Value

Rs.10 per share

Amba Auto Sales & Services DRHP

Click Here

Amba Auto Sales & Services RHP

Click Here

Type of IPO

NSE SME

Amba Auto Sales & Services Limited Issue Management:

Capital Square Advisors Ltd acts as the book-running lead manager for Amba Auto Sales & Services NSE SME IPO, managing underwriting and compliance.

Amba Auto Sales & Services Limited IPO RTA (Registrar) Details:

Bigshare Services Pvt.Ltd. handles allotment, refunds, and demat credits - contact at 22-6263 8200 or ipo@bigshareonline.com.

Amba Auto Sales & Services Limited IPO Allotment Status:

To check your IPO allotment status:

  • Visit the Bigshare Services Pvt.Ltd. IPO Application Status page.

  • Select the company name from the dropdown menu.

  • Select and enter PAN, Application Number, DP/Client ID, or Account Number/IFSC.

  • Click Submit to view your allotment status.

  • Amba Auto Sales & Services Limited IPO Size:

Amba Auto Sales & Services Limited SME IPO totals ₹65.12 crore (45,82,000 shares), with ₹61.86 crore fresh issue and ₹3.27 crore reserved for market maker (net issue ₹61.86 crore after ₹3.27 crore market maker).


Particulars

Amount 

Shares

Fresh Issue 

₹61.86 Cr

45,82,000

Offer for Sale

N/A

N/A

Market Maker

₹3.27 Cr

2,42,000

Overall Issue 

₹65.12 Cr

48,24,000


  • Amba Auto Sales & Services Limited IPO Objectives:


Amba Auto Sales & Services Limited IPO proceeds (fresh issue ₹61.86 Cr) will be deployed towards:


Purpose

Allocation (in Cr)

New showrooms & renovations (capex)

6.32

Working Capital Requirements

43.00

General corporate purposes

12.54

Total

61.86


  • Amba Auto Sales & Services Limited Investors Categorisation:

Amba Auto Sales & Services Limited NSE SME IPO offers 48,24,000 shares; net public issue 45,82,000 shares (after 2,42,000 market maker reservation).


Investor Category

Quota

Min Bid Amount

Shares Offered

QIB (incl Anchor)

10.13%

N/A

4,64,000

NII Shares (HNI)

49.89%

₹4,05,000 (3 lots)

22,86,000

Retail Shares (RII)

39.98%

₹2,70,000 (2 lots)

18,32,000

Market Maker (firm)

-

-

2,42,000

Total

100.00%

-

48,24,000


  • Amba Auto Sales & Services IPO Lot Size:

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.


Application

Lots

Shares

Amount

Retail (Min)

2

2,000

₹2,70,000

Retail (Max)

2

2,000

₹2,70,000

S-HNI (Min)

3

3,000

₹4,05,000

S-HNI (Max)

7

7,000

₹9,45,000

B-HNI (Min)

8

8,000

₹10,80,000

  • Amba Auto Sales & Services Limited Anchor Investor Details:


The anchor bidding for Amba Auto Sales & Services Limited SME IPO is scheduled for April 26, 2026, within the QIB portion of the issue, with anchors expected to receive about 30% of the QIB-allocated shares (approx. 1.39 lakh shares at ₹130-135 band).


Lock-in: The anchor allotment follows SEBI-NSE SME IPO norms, where 50% of the anchor shares are locked in for 30 days and the remaining 50% for 90 days from the listing date (May 01, 2026).


The anchor allocation document filed right before issue opens (April 27) will list specific anchor investor names via registrar Bigshare Services Pvt.Ltd.

  • Amba Auto Sales & Services Limited IPO: Key Financials  


Period Ended

31 Dec 2025 (in cr.)

31 Mar 2025 (in cr.)

31 Mar 2024 (in cr.)

31 Mar 2023 (in cr.)

Assets

100.42

91.12

54.45

39.98

Total Income

203.79

242.46

211.33

113.05

PAT

12.11

7.78

2.89

0.64

EBITDA

22.34

17.48

8.41

4.45

Net Worth

26.90

15.14

7.37

4.48

Reserves

13.40

14.39

6.62

3.73

Borrowings

57.42

55.22

37.21

27.13


According to the statistics provided by RHP on Investorgain.com, the company achieved excellent financial performance for the year ended March 31, 2025, through its authorized Bajaj Auto dealership, which is named Amba Bajaj and LG Best Shops, accounting for 86% of revenues from the sale of vehicles through its business operations at 29 Bengaluru showrooms and 18 after-sales service outlets. For the fiscal years 2023, 2024, and 2025, the company had a revenue of ₹113.05 Cr, ₹211.33 Cr, and ₹242.46 Cr, respectively, with PAT standing at ₹0.64 Cr, ₹2.89 Cr, and ₹7.78 Cr in FY25; delivering a PAT margin of 3.21%.


The factor behind their growth is the sale of two-wheelers in large numbers, services/repairs (6% of revenue), and spare parts due to the rapid development of urban transportation in Bengaluru. Their business model concentrates on capex that can be scaled (₹6.32 Cr), working capital (₹43 Cr), ROE at 69.09%, and ROCE at 24.31%, despite the relatively low debt/equity ratio (3.65), which is handled by the promoters - Mr. Pradeep Kumar Lohia, Mr. Rakesh Kumar Lohia


Action Links:


To apply for Amba Auto Sales & Services Limited IPO, open a demat account here​


Amba Auto Sales & Services Limited IPO Subscription Status: Check live subscription here 


Amba Auto Sales & Services Limited IPO GMP Update: Check latest grey market premium here

Amba Auto Sales & Services IPO Key Highlights:

Amba Auto Sales & Services Ltd. is a certified dealer for Bajaj Auto (Amba Bajaj) and LG Best Shops, with 29 showrooms and 18 after-sales centers in Bengaluru, earning 86% from the sale of two-wheelers, while 6% comes from services and spare parts.

  • It provides high-volume retail solutions using its existing network, which ensures repeat orders from Bajaj/LG by means of effective inventory management, sales, and after-sales services in the premium automobiles category in Bengaluru.

  • Amba has recorded strong growth with net sales of ₹113.05 Cr (FY23), ₹211.33 Cr (FY24), and ₹242.46 Cr (FY25) while profit after tax grew from ₹0.64 Cr to ₹2.89 Cr and ₹7.78 Cr, respectively, with a profit after tax margin of 3.21%.

  • Amba exhibits financial strength with a high return on equity (ROE) of 69.09% and a return on capital employed (ROCE) of 24.31% in FY25 despite a debt/equity of 3.65

Amba Auto Sales & Services Risk Factors: 

The risks of Amba Auto Sales & Services Limited IPO are mentioned below:

  • High dependence on the market in Bengaluru makes it susceptible to slowdown in the region.

  • Higher gearing (D/E ratio – 3.65) can put pressure on working capital in case of decline in sales of vehicles.

  • High dependence on Bajaj Auto / LG can affect company's revenues due to change in OEM's strategy.

  • High dependency on working capital (₹43 Cr invested) can pose challenges with inventory management.

  • Listing on SME can lead to issues with liquidity or governance after listing.

Amba Auto Sales & Services IPO Expert Analysis:

Amba Auto Sales & Services SME book-built IPO on NSE SME features fresh issue of ₹61.86 Cr (total ₹65.12 Cr incl. ₹3.27 Cr market maker), priced ₹130–135/share (FV ₹10).

Basic details of the IPO:

  • Type of IPO: Book‑built SME IPO (NSE SME Emerge).

  • Size of the issue: 48,24,000 shares (2,42,000 market maker), retail min 2 lots (2,000 shares, ₹2,70,000 upper band)

  • Uses of funds: Showrooms/renovations (₹6.32 Cr), working capital (₹43 Cr), general purposes (₹12.54 Cr).

Expert View on the IPO:

  • With strong growth potential in Bengaluru's two-wheeler market, fueled by the expansion of Bajaj networks and Make in India policies, backed by an outstanding ROE of 69% despite thin margins of 3.21%, with post-issue P/E of 17x and P/B of 6.78x suggesting fair valuation.

  • Strong recommendation for investors seeking long-term gains; not recommended for conservative investors.

Should you invest in the Amba Auto Sales & Services IPO?

Amba Auto Sales & Services IPO could be evaluated for exposure to growth of retailing for urban 2W vehicles taking up SME risk; avoid for conservative portfolios.


Consider investing when:


  • Wanting high returns on equity in Bengaluru auto retail growth.


Do not invest when:


  • Small-ticket size investor; Limited capital (min. ₹2.7L) or need diversification.


Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.


Action Links:


To apply for Amba Auto Sales & Services Limited IPO, open a demat account here​


Amba Auto Sales & Services Limited IPO Subscription Status: Check live subscription here 


Amba Auto Sales & Services Limited IPO GMP Update: Check latest grey market premium here











Amba Auto Sales & Services IPO FAQs

1. What is the Amba Auto Sales & Services Limited IPO open and close date?

The Amba Auto Sales & Services Limited IPO opens on April 27, 2026, and closes on April 29, 2026; basis of allotment is April 30, refunds/credit to demat on May 4, and listing on NSE SME is scheduled for May 5, 2026.

Track Amba Auto Sales & Services Limited IPO subscription status live here from Finnpick.

2. What is the Amba Auto Sales & Services Limited IPO price band and lot size?

Price band is ₹130–₹135 per share (face value ₹10). Minimum lot size is 1,000 shares; retail investors must apply for min 2 lots (2,000 shares), requiring ₹2,70,000 at upper band.

3. What is Amba Auto Sales & Services Limited IPO total size?

Amba Auto Sales & Services Limited is an NSE SME IPO totals ₹65.12 Cr (48,24,000 shares), with fresh issue ₹61.86 Cr (46,82,000 shares) and ₹3.27 Cr (2,42,000 shares) for market makers. There is no Offer for Sale component, the entire issue is a fresh issue.

4. How to apply for the Amba Auto Sales & Services Limited IPO?

Open a demat here​ (Zerodha/Upstox/AngelOne) or ASBA by Apr 29, 4 PM. Monitor Amba Auto Sales & Services Limited IPO subscription tracker here.

5. How to check Amba Auto Sales & Services Limited IPO Allotment Status?

The allotment date is on Apr 30th and can be checked on Bigshare Services. RTA portal using PAN/DP ID. 

6. What is Amba Auto Sales & Services Limited IPO GMP today and subscription status?

Current Grey Market Premium (GMP) stands at ₹0 as of Apr 22, indicating listing at the price range of ₹135 - check daily updates of Amba Auto Sales & Services Limited IPO GMP trends here and live subscription status here from Apr 27th opening only on Finnpick. 

7. What does Amba Auto Sales & Services Limited specialize in?

Amba Auto Sales & Services Limited is a Bengaluru-based authorized Bajaj Auto (Amba Bajaj) & LG Best Shop dealer operating 29 showrooms + 18 after-sales outlets, with 86% revenue from two-wheeler sales, 6% services.

8. When is Amba Auto Sales & Services Limited IPO listing date?

The Amba Auto Sales & Services Limited IPO is scheduled to list on NSE SME (NSE Emerge) on May 05, 2026, which is approximately T+4 after the basis of allotment on April 28, 2026.

9. What are the Amba Auto Sales & Services Limited IPO proceeds utilization details?

The fresh proceeds ₹61.86 Cr allocated to: new showrooms/renovations (₹6.32 Cr), working capital (₹43 Cr), general corporate purposes (₹12 Cr).

10. Who are the promoters of Amba Auto Sales & Services Limited? 

The promoters are Mr. Pradeep Kumar Lohia, Mr. Rakesh Kumar Lohia, and Mr. Vikash Kumar Lohia, holding 96.66% pre-IPO.


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