Amba Auto Sales & Services SME IPO Details
SME
Closed
Amba Auto Sales & Services Limited SME IPO will open for subscription from April 27, 2026 to April 29, 2026. Incorporated in 2005, the company operates as an authorised dealer for Bajaj Auto and LG products, following a dealership-led retail business model focused on vehicle sales, servicing, and consumer electronics. It runs multiple showrooms and service centres, with strong operational presence primarily in Bengaluru and nearby regions.
Open
27 Apr
2026
Close
29 Apr
2026
Allotment
30 Apr
2026
Listing
05 May
2026
IPO Review
0
Strictly Avoid
1 review
IPO GMP
₹ 0
(--)
IPO Subscription Subscription
1.24
Times
IPO Summary
IPO Dates
27 to 29 Apr, 2026
Price Band
₹130 to ₹135
Face Value
₹10
Lot Size
1,000 Shares
Issue Size
₹65 Cr
Sale Type
Fresh capital only
Listing On
NSE SME
Min Investment
₹ 270
What is the Amba Auto Sales & Services IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 27 Apr, 2026 Mon | Monday |
| IPO Close Date | 29 Apr, 2026 Wed | Wednesday |
| Basis of Allotment | 30 Apr, 2026 Thu | Thursday |
| Refunds Initiated | 04 May, 2026 Mon | Monday |
| Credit to Demat | 04 May, 2026 Mon | Monday |
| Listing Date | 05 May, 2026 Tue | Tuesday |
What is the Amba Auto Sales & Services IPO Lot Size?
Bidding in multiples of 1 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2 | ₹270 |
| Retail (Max) | 2 | 2 | ₹270 |
| HNI (Min) | 3 | 3 | ₹405 |
About Amba Auto Sales & Services
Amba Auto Sales & Services Limited was incorporated in 2005 and is based in Bengaluru, Karnataka. The company started as an automobile dealership and has gradually expanded into a multi-product retail and service platform. It operates under the brands Amba Bajaj and Amba LG Best Shop, offering two-wheelers, three-wheelers, and consumer electronics. Over time, the company has built a network of multiple showrooms and after-sales service centres, primarily focused on strengthening its presence in Bengaluru and nearby regions
The company follows a dealership-driven business model where revenue is generated from vehicle sales, servicing, spare parts, and retail of consumer appliances such as TVs, refrigerators, air conditioners, and washing machines. A significant share of revenue is derived from automobile sales, supported by service and repair operations. The business is led by an experienced promoter and management team, including directors such as Raina Singh, Vikash Kumar Lohia, and Neetu Jalan, with long-standing relationships with OEM partners supporting operations.
The company follows a dealership-driven business model where revenue is generated from vehicle sales, servicing, spare parts, and retail of consumer appliances such as TVs, refrigerators, air conditioners, and washing machines. A significant share of revenue is derived from automobile sales, supported by service and repair operations. The business is led by an experienced promoter and management team, including directors such as Raina Singh, Vikash Kumar Lohia, and Neetu Jalan, with long-standing relationships with OEM partners supporting operations.
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding capital expenditure for setting up new showrooms and renovating existing ones | ₹6.32 Cr. |
| To meet the Working Capital Requirements of Company | ₹43.00 Cr. |
| General Corporate Purposes | |
| Total | ₹49.32 Cr. |
Issue Object
Funding capital expenditure for setting up new showrooms and renovating existing ones
Estimate Amount
₹6.32 Cr.
Issue Object
To meet the Working Capital Requirements of Company
Estimate Amount
₹43.00 Cr.
Issue Object
General Corporate Purposes
Estimate Amount
Issue Object
Total
Estimate Amount
₹49.32 Cr.
Strengths & Risks
Strengths
- ✓ The company is an authorised dealer of Bajaj Auto and LG Electronics , which are very trusted names in India. This gives them ready customer trust and steady product supply.
- ✓ They sell motorcycles, scooters (Chetak), sports bikes (KTM), and three-wheelers from Bajaj, plus LG TVs, ACs, fridges, washing machines, etc. This diversification reduces dependency on any single product category.
- ✓ Revenue jumped from ₹113 Cr in FY23 to ₹242 Cr in FY25 with PAT growing to ₹7.78 Cr. For 9 months ended Dec 2026, they already did revenue of ₹203.74 crore and PAT of ₹12.10 crore showing the business is scaling well.
- ✓ The company has a solid ROE of 69%, which means they are generating excellent returns on shareholders' money compared to many peers.
- ✓ The Lohia family promoters have been running this since 2005, and the company has built 29 outlets, 18 service centres with 112 dedicated technicians in Bengaluru — giving deep market presence and after-sales strength.
Risks
- ⚠ This is the biggest risk. Bajaj Auto can terminate the agreement with a 30-day notice without assigning any reason, and in certain cases, termination can be immediate. If Bajaj or LG pulls out, the business can collapse.
- ⚠ The company's operations are entirely concentrated in Karnataka, primarily in Bengaluru, with 100% of its revenue derived from this region. Any local slowdown, traffic regulation change, or political issue in Bengaluru will directly hit them.
- ⚠ The company has excessive debt (D/E 3.65). Such high borrowings mean a big chunk of profits goes to paying interest, and rising interest rates can hurt margins badly.
- ⚠ Despite showing profit, the company has negative operational cash flows. This means actual cash is not coming in like the profit numbers suggest — a red flag for working capital health.
- ⚠ Dealership businesses typically work on thin margins and remain dependent on OEM policies, local demand cycles and working capital management. Even small drops in sales or OEM commission cuts can wipe out profits quickly.
Company Financials
Summary of financial performance including revenue, profit, and debt levels will be populated here.
Promoters and Shareholding Details
Meet the Promoters
View all
Vikash Kumar Lohia
Executive Director and the Chief Financial Officer (CFO)
Post-IPO:
24.54%
More details
Frequently Asked Questions
What is the GMP of Amba Auto Sales & Services?
The current Grey Market Premium (GMP) of Amba Auto Sales & Services is ₹ 0.
What is the Amba Auto Sales & Services IPO Price Band?
The price band for Amba Auto Sales & Services IPO is 135.
When is the Amba Auto Sales & Services IPO Allotment?
The allotment date for Amba Auto Sales & Services IPO is April 30, 2026.
How to check Amba Auto Sales & Services IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Bigshare Services Pvt.Ltd.).
Registrar
Bigshare Services Pvt.Ltd.
Discussion 0
No comments yet
Be the first to share your thoughts!