Amba Auto Sales & Services IPO Subscription Status Day-1: Live Bidding

Amba Auto Sales & Services IPO is a book-built issue of ₹65.12 crore, comprising entirely a fresh issue of 0.48 crore shares.

The IPO will open for subscription on April 27, 2026, and close on April 29, 2026. The allotment is expected to be finalized on April 30, 2026, and the shares are likely to be listed on the National Stock Exchange of India SME platform on May 5, 2026.

The price band for the IPO is set at ₹130 to ₹135 per share. The lot size is 1,000 shares.

• Retail Investors: Minimum investment is ₹1,35,000 (2,000 shares at upper price)
• HNI Investors: Minimum investment is ₹4,05,000 (3 lots / 3,000 shares)

The IPO is managed by Capital Square Advisors Pvt. Ltd. as the book-running lead manager, while Bigshare Services Pvt. Ltd. serves as the registrar. The market maker for the issue is Rikhav Securities Ltd.

Amba Auto Sales & Services IPO Subscription Status – Day 1

About Company

Incorporated in 2005, Amba Auto Sales & Services operates as an authorized dealer for Bajaj Auto Limited and LG Electronics India Limited, running its outlets under the brand names Amba Bajaj and Amba LG Best Shop. The company’s business spans two key segments: automobiles and consumer electronics. In the automobile segment, it deals in the sales and servicing of motorcycles, scooters such as Chetak, sports bikes like KTM, and three-wheelers from Bajaj Auto. In the electronics segment, it offers a range of LG products including televisions, air conditioners, refrigerators, washing machines, and other home appliances. The company currently operates 29 showrooms and service centers, primarily within Bengaluru, ensuring easy access and strong after-sales support for customers.

As of February 28, 2025, the company had 112 personnel dedicated to servicing and repair operations across 18 service centers, which increased to a total workforce of 254 permanent employees by February 28, 2026. Amba Auto Sales & Services benefits from several strengths, including an experienced management team, strategically located logistics and warehousing facilities, and diversification across product categories. Its long-standing relationships with OEMs and focus on employee training and skill development further support its operational efficiency and customer service capabilities.