Amba Auto Sales & Services SME IPO
Amba Auto Sales & Services IPO — date, price band, GMP & allotment 2026
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.
Stock price
Amba Auto Sales & Services is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 15 September.
- Open 27 Apr 2026
- Close 29 Apr 2026
- Allotment 30 Apr 2026
- Refund/credit 04 May 2026
- Listing 05 May 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 27 to 29 Apr, 2026 |
|---|---|
| Price Band | ₹130 – ₹135 |
| Face Value | ₹10 |
| Lot Size | 1 Shares |
| Issue Size | ₹65 Cr |
| Sale Type | Fresh capital only |
| Listing On | NSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 270 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1 shares at the ₹135 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2 | ₹270 |
| Retail (max) | 2 | 2 | ₹270 |
| HNI (min) | 3 | 3 | ₹405 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01The 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.
- 02They 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.
- 03Revenue 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.
- 04The company has a solid ROE of 69%, which means they are generating excellent returns on shareholders' money compared to many peers.
- 05The 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 · 5
- 01This 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.
- 02The 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.
- 03The 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.
- 04Despite 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.
- 05Dealership 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.
Three years of numbers
All figures in ₹ crore, as reported in the Amba Auto Sales & Services offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 100.42 | 91.12 | 54.45 | 39.98 |
| Total Income | 203.79 | 242.46 | 211.33 | 113.05 |
| Profit After Tax | 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 and Surplus | 13.40 | 14.39 | 6.62 | 3.73 |
| Total Borrowing | 57.42 | 55.22 | 37.21 | 27.13 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Amba Auto Sales & Services RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Amba Auto Sales & Services IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹8.81 |
| P/E Ratio (x) | 15.32 |
| Market Cap at Offer Price (₹ Cr) | ₹185.57 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹135 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹98.64 Cr of the issue is earmarked to named objects.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91-9900367421
Meet the promoters
View all →
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Capital Square Advisors Pvt. Ltd.
4 issues handledBest listing: Veer Global Infraconstruction (+5.4%). Weakest: M R Maniveni Foods Ltd. (-18.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Amba Auto Sales & Services?
The current Grey Market Premium is ₹0.
What is the Amba Auto Sales & Services IPO price band?
₹130 to ₹135, on a face value of ₹10.
When is the allotment?
The basis of allotment is 30 April 2026, with listing on 5 May 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
