Amba Auto Sales & Services IPO
Amba Auto Sales & Services IPO Details
Amba Auto Sales & Services IPO is a 100% book-built issue of 48.24 lakh equity shares worth up to ₹65 Cr, comprising a fresh issue of shares worth up to ₹62 Cr, with a face value of ₹10 per share. The company filed its DRHP with SEBI on September 28, 2025.
The price band of this issue is set between ₹130 and ₹135 per share and the lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor is ₹1,35,000. The IPO will be open for subscription from April 27 to 29, 2026, on the NSE SME platforms with a listing date fixed as May 5, 2026. The book-running lead manager of this issue is Capital Square Advisors Pvt. Ltd., while the registrar to the issue is Bigshare Services Pvt. Ltd.
Amba Auto Sales & Services IPO Date & Timeline
The Amba Auto Sales & Services IPO is officially set to open for subscription on Apr 27, 2026 and will close on Apr 29, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on September 28, 2025 and has now finalised its schedule following SEBI approval. Once the subscription window allotment is expected on Apr 30, 2026. Following this, the company will initiate refunds and credit shares to successful investors' demat accounts on May 4, 2026. Finally, the Amba Auto Sales & Services Ltd.'s shares are tentatively scheduled to list on the stock exchanges on May 5, 2026.
Amba Auto Sales & Services IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Amba Auto Sales & Services IPO GMP is currently trading at ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹135, which is 0.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Amba Auto Sales & Services Ltd. was incorporated on February 24, 2005, in Bengaluru, Karnataka, as a private limited company and then converted to a public limited entity in May 2025. With 2 decades of operations in the market, the company has successfully become an authorised dealer for Bajaj Auto Limited under the brand name Amba Bajaj and for LG Electronics India Limited under the brand name Amba LG Best Shop.
The company operates within the automobile retail value chain, where its activities include selling new cars, providing after-sales services and selling spare parts and lubricants. The business is also engaged in selling a wide variety of goods, including air conditioners (AC), TV sets, washing machines, refrigerators and other small home appliances.
Operations & Product Range
Amba Auto Sales & Services Ltd. maintains a multi-retailing approach with two main business verticals. Under the auto vertical, the firm sells motorcycles, scooters (with an emphasis on the Chetak Electric Scooter), sports bikes (KTM) and 3-wheelers manufactured by Bajaj Auto. The company provides after-sales services like repairs and finance/insurance services for its customers. For the consumer electronics segment, the company handles the retail of products from LG Electronics, such as TVs, ACs, refrigerators, washing machines and small appliances.
Facilities & Capacity
Amba Auto Sales & Services Ltd. operated 29 showrooms and service centers across both the automobile and electronics segments. It also had 18 dedicated after-sales and service outlets. The company's operations are concentrated in Bengaluru, where it has established a strong local presence by setting up its first dealership for two-wheeler sales and services. This issue mainly focused on funding the capital expenditure for setting up new showrooms and renovating existing ones to maintain the existence and expansion with upgrades.
Brands & Market Presence
Amba Auto Sales & Services Ltd. operates under two brands, namely, Amba Bajaj, dealing in automobiles and Amba LG Best Shop, selling consumer electronics products. The company maintains robust ties with its OEMs, such as Bajaj Auto Ltd. and LG Electronics Ltd. As far as the growth of the company is concerned, it has emerged as a leading retailer in Bengaluru by focusing on its expansion in the city.
The company has maintained and enhanced its market presence through 15 years' worth of experience in running an Exclusive Brand Outlet (EBO) of LG Electronics with consumer durables and electronic appliance sales, with a strategy aimed at ensuring high visibility of retail spaces with a secure location and long lease periods from the proprietors.
Revenue Streams & Business Model
Amba Auto Sales & Services Ltd. generates revenue primarily from the sale of vehicles, spare parts and consumer electronics, along with service and repair income. For FY25, sales of vehicles were recorded at 86.34% of total revenue, followed by service and repairs at 5.77% and spare parts and accessories at 3.20%. The company's financial performance has shown consistent growth, with total income reported at ₹242.46 crore in FY25 and profit after tax at ₹7.78 crore in FY25.
Management & Shareholding
Amba Auto Sales & Services Ltd. is promoted by Mr. Pradeep Kumar Lohia, Mr. Rakesh Kumar Lohia and Mr. Vikash Kumar Lohia. Before the IPO, the promoters and shareholders collectively held 96.67% of the company’s paid-up share capital. But, after the IPO, the holdings of the shareholders will be diluted, but they are expected to remain the controlling shareholders, as only fresh issues are getting offered and no existing shareholder is selling their stakes.
Board & Key Management
Amba Auto Sales & Services Ltd.’s board is led by a management team with significant experience in the retail and distribution sectors. Mr. Rakesh Kumar Lohia serves as the managing director, who contributes to developing the business strategies and driving the sales growth. Mr. Pradeepkumar Lohia is the chairman & founder; with 20 years of industry experience, he maintains the strategic tie-ups, retail operations and dealership Compliance with OEMs. The company also has a CFO, Mr Vikash Kumar Lohia and 3 independent directors, with a CS, Mr. Chetan Kumar Hiralal Solanki; collectively, these key managerial members work for the betterment of the company.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Amba Auto Sales & Services IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Amba Auto Sales & Services IPO Details
| Detail | Description |
|---|---|
| IPO Date | 27 to 29 Apr, 2026 |
| Listing Date | Tue, May 5, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹130 to ₹135 |
| Lot Size | 1,000 Shares |
| IPO Type | Fresh capital only |
| Total Issue Size | 48,24,000 shares (agg. up to ₹65 Cr) |
| Reserved for Market Maker | 2,42,000 shares (agg. up to ₹3 Cr) Rikhav Securities Ltd |
| Fresh Issue(Ex Market Maker) | 45,82,000 shares (agg. up to ₹62 Cr) |
| Net Offered to Public | 45,82,000 shares (agg. up to ₹62 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,35,00,000 shares |
| Share Holding Post Issue | 1,83,24,000 shares |
Amba Auto Sales & Services IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Apr 27, 2026 |
| IPO Close Date | Wed, Apr 29, 2026 |
| Tentative Allotment | Thu, Apr 30, 2026 |
| Initiation of Refunds | Mon, May 4, 2026 |
| Credit of Shares to Demat | Mon, May 4, 2026 |
| Tentative Listing Date | Tue, May 5, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Amba Auto Sales & Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,70,000 |
| Individual investors (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 IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 96.67% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Established crucial relationships with Bajaj Auto and LG Electronics.
- • Integrated digital ecosystem spanning marketplace, SaaS, and consumer brands.
- • Maintained a healthy financial statement and strong order book.
Amba Auto Sales & Services IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | 100.42 | 203.74 | 12.11 | 26.90 | 13.40 | 57.42 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 91.12 | 242.36 | 7.78 | 15.14 | 14.39 | 55.22 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 54.45 | 211.22 | 2.89 | 7.37 | 6.62 | 37.21 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 39.98 | 112.95 | 0.64 | 4.48 | 3.73 | 27.13 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 69.09% |
| ROCE | 24.31% |
| Debt/Equity | 3.65 |
| RoNW | 69.09% |
| PAT Margin | 3.21% |
| EBITDA Margin | 7.21% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.97 | |
| P/E (x) |
Amba Auto Sales & Services IPO Objectives
The company intends to utilise the net proceeds from the IPO for the following purposes:
- • Funding capital expenditure for setting up new showrooms and renovating existing ones
- • Funding the working capital requirements
- • General corporate purposes
Amba Auto Sales & Services IPO Review
Amba Auto Sales & Services Ltd. operates within two emerging sectors, which include automotive retail and consumer electronics, due to the rise in disposable incomes and urbanisation in India. With long-lasting partnerships with companies such as Bajaj Auto and LG Electronics, which have been instrumental in the success of the firm. Financially, the firm has achieved tremendous growth, with revenues doubling and profits after tax rising by more than 12 times in FY23-FY25.
The DRHP also highlights certain risks, as the business is heavily dependent on its relationships with Bajaj Auto and LG Electronics and any adverse change in these partnerships could significantly impact operations. Additionally, its operations are concentrated in Bengaluru, exposing it to regional economic and competitive pressures. The company also operates in a highly competitive retail environment where margins can be tight. Investors should weigh these factors alongside the company’s impressive growth metrics and established market presence.
Conclusion
The Amba Auto Sales & Services IPO is an opportunity for investors to invest in a growing company that has built a strong reputation as a trusted dealer for two of India’s leading brands. With a clear plan to expand its showroom network, strengthen its working capital and capitalize on growth opportunities in the automotive and consumer electronics sectors, the company is well-positioned for its next phase of growth. While there are inherent risks related to OEM dependence and geographic concentration, the company’s strong financial track record and diversified business model provide a solid foundation for its future.
RHP:
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What does Amba Auto Sales & Services do?
The company operates as an authorised dealer for Bajaj Auto Limited (under Amba Bajaj) and LG Electronics India Limited (under Amba LG Best Shop), selling vehicles and consumer electronics and providing after-sales services.
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What is the Amba Auto Sales & Services? IPO size?
The Amba Auto Sales & Services IPO consists of a fresh issue of up to 52 lakh equity shares, with a face value of ₹10 per share.
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What is the Amba Auto Sales & Services IPO GMP today?
The current Amba Auto Sales & Services IPO GMP is approximately ₹0 (0.00%).
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Who are the promoters of Amba Auto Sales & Services?
The promoters of the company are Mr. Pradeep Kumar Lohia, Mr Rakesh Kumar Lohia and Mr. Vikash Kumar Lohia.
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What are the objectives of the Amba Auto Sales & Services IPO?
IPO proceeds will be used to fund capital expenditure for new showrooms and renovation of existing ones, meet working capital requirements and for general corporate purposes
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Where will the Amba Auto Sales & Services IPO be listed?
The equity shares are supposed to be listed on the NSE SME platforms.