Amba Auto Sales & Services IPO Allotment Status, Listing Date, GMP & Subscription Details

April 23, 2026 Navya

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TL;DR: Amba Auto Sales & Services IPO Allotment Status is one of the most searched terms among investors as the SME IPO subscription window approaches. Amba Auto Sales and Services Limited IPO is a book-built issue aiming to raise ₹65.12 crore through a 100% fresh issue of equity shares.

The IPO opens on April 27, 2026, closes on April 29, 2026, and the allotment date is set for April 30, 2026. The tentative listing date on NSE SME (NSE Emerge) is May 5, 2026. This article covers everything you need to know from IPO details, GMP, DRHP highlights, subscription status, allotment steps, and key risks to help you make a more informed decision.

Table of Contents

Amba Auto Sales & Services IPO Details

Amba Auto Sales & Services IPO is an SME public offering from a Bengaluru-based authorised dealer of Bajaj Auto and LG Electronics India. Founded in 2005, the company has steadily expanded its dealership and service network across Bengaluru over the past two decades. The IPO will be listed on the NSE SME (NSE Emerge) platform.

Here are the key details of the Amba Auto Sales and Services Limited IPO:

Parameter	Details
IPO Name	Amba Auto Sales & Services Limited IPO
Issue Type	Book-Built Issue (100% Fresh Issue)
Issue Size	Up to ₹65.12 Crore
IPO Open Date	April 27, 2026
IPO Close Date	April 29, 2026
Allotment Date	April 30, 2026
Listing Date (Tentative)	May 5, 2026
Listing Exchange	NSE SME (NSE Emerge)
Price Band	₹130 – ₹135 per share
Face Value	₹10 per share
Lot Size	1,000 shares
Minimum Investment	₹2,70,000 (at cut-off price)
QIB Quota	50%
HNI (NII) Quota	15%
Retail Investor Quota	35%
Lead Manager	Capital Square Advisors Pvt. Ltd.
Registrar	Bigshare Services Pvt. Ltd.
Company Website	Amba Auto Sales

About Amba Auto Sales and Services Limited

Amba Auto Sales and Services Limited was incorporated in 2005 and is headquartered in Hongasandra, Bengaluru, Karnataka. The company operates as an authorised dealer for two major brands:

Amba Bajaj – Authorised dealership for Bajaj Auto Limited covering motorcycles, Chetak electric scooters, KTM sports bikes, and three-wheelers (spanning 4 out of 5 Bajaj product segments)
Amba LG Best Shop – Authorised dealership for LG Electronics India covering televisions, air conditioners, refrigerators, washing machines, and other home appliances

The company’s operations cover the full automotive retail value chain – vehicle sales, after-sales service, spare parts, accessories, lubricants, and facilitation of vehicle financing and insurance. As of February 28, 2026, the company has 29 showrooms and service centres across Bengaluru with a team of 254 permanent employees.

Key Financial Highlights

Financial Metric	FY25	FY24
Revenue from Operations	₹242.46 Crore	₹211.33 Crore
Net Profit	₹7.78 Crore	₹2.89 Crore
Debt-Equity Ratio	3.65x	–
Industry Average Debt-Equity	0.34x	–

Revenue has grown steadily – rising approximately 87% in FY24 followed by about 15% growth in FY25. Net profit has also improved significantly, nearly tripling between FY24 and FY25. However, the high debt-equity ratio of 3.65 compared to an industry average of 0.34 is a factor investors should carefully evaluate.

Use of IPO Proceeds

The Amba Auto Sales & Services IPO net proceeds will be utilised as follows:

₹6.32 crore – Capital expenditure for setting up new showrooms and renovating existing ones
₹43 crore – Working capital requirements
Remaining amount – General corporate purposes

Amba Auto Sales & Services IPO Allotment Status

Amba Auto Sales & Services IPO Allotment Status will be finalised on April 30, 2026. Once the basis of allotment is determined, successful applicants will have their shares credited to their demat accounts on the same day or by May 2, 2026.

Investors can check their allotment status on the official registrar’s portal – Bigshare Services Pvt. Ltd..

Note: Since this is an SME IPO with a minimum lot size of 1,000 shares and a minimum investment of ₹2,70,000, allotments are done on a proportional basis for oversubscribed categories. Not all applicants are guaranteed shares if the IPO is heavily subscribed.

Amba Auto Sales IPO Listing Date

Amba Auto Sales IPO listing date is tentatively set for May 5, 2026, on the NSE SME (NSE Emerge) platform. The listing price will depend on the final allotment price and grey market sentiment closer to the listing date.

Investors who receive allotment will have their shares credited by May 2, 2026, and will be able to begin trading from May 5, 2026.

Amba Auto Sales & Services IPO GMP

Amba Auto Sales & Services IPO GMP (Grey Market Premium) is currently ₹0 as of the time of writing. Grey market trading for this IPO has not picked up significant momentum yet, though it may change as the subscription and listing dates approach.

Key points about IPO GMP:

A positive GMP indicates the IPO may list at a premium over the issue price
A negative GMP suggests the IPO may list at a discount
GMP is highly volatile and changes daily based on market conditions
GMP is not a reliable or guaranteed indicator of listing performance – always evaluate IPO fundamentals before making investment decisions.

Amba Auto Sales & Services IPO DRHP

Amba Auto Sales & Services IPO DRHP (Draft Red Herring Prospectus) was filed with the NSE for approval before finalising the IPO schedule. The DRHP is an important document for investors as it provides detailed disclosures about the company’s business, financials, risks, and intended use of funds.

You can access the official DRHP through the SEBI website or through the NSE website.

Key Highlights from the DRHP

Issue Size: Up to ₹65.12 crore (entirely a fresh issue of equity shares)
Face Value: ₹10 per equity share
Price Band: ₹130 – ₹135 per share
Listing Platform: NSE Emerge (NSE SME segment)
Company Promoters: Mr. Pradeep Kumar Lohia, Mr. Rakesh Kumar Lohia, and Mr. Vikash Kumar Lohia
Business Segments: Automobile dealership (Bajaj Auto) and consumer electronics retail (LG Electronics India)
Operational Network: 29 showrooms and service centres in Bengaluru as of February 2026
Employee Strength: 254 permanent employees as of February 28, 2026
Past Regulatory Filings: The DRHP mentions instances of delayed filings with certain regulatory authorities in the past – an important disclosure for investors to note
Cash Flow History: The company has experienced negative cash flows in the past, which could impact future operations and growth plans

The DRHP also outlines key risks including OEM dependence, regional concentration in Bengaluru, high leverage relative to industry peers, and potential traffic demand sensitivity in the auto retail sector.

Amba Auto Sales IPO Subscription Status

Amba Auto Sales IPO Subscription Status will be updated daily during the subscription period of April 27 – April 29, 2026. Live subscription data can be tracked on the BSE website and NSE website during the open window.

Category-Wise Subscription Breakdown

Investor Category	Reserved Quota
Qualified Institutional Buyers (QIB)	50%
Non-Institutional Investors / HNI	15%
Retail Individual Investors (RII)	35%
Market Maker Reservation	2,42,000 shares (reserved)

A higher subscription rate – particularly in the QIB and HNI categories – is generally viewed as a positive signal for listing performance. However, strong subscription alone does not guarantee a premium listing.

Track more upcoming IPO details here.

How to Check Amba Auto Sales & Services IPO Allotment Status?

Amba Auto Sales & Services IPO Allotment Status can be checked through three official platforms after April 30, 2026. Keep your PAN card, Application Number, and Demat Account details ready before checking.

1. Bigshare Services (Official Registrar)

Visit the Bigshare Services IPO Allotment Portal
Select Amba Auto Sales & Services Limited from the IPO dropdown
Choose your search type: PAN, Application Number, or Demat Account (DP/Client ID)
Enter the relevant details and click Submit
Your allotment status will be displayed on screen

2. BSE Website

Go to the BSE India website
Select Equity as the issue type
Choose Amba Auto Sales & Services Limited from the dropdown
Enter your Application Number and PAN
Click Search to view your status

3. NSE Website

Visit the NSE India website
Navigate to the IPO allotment section
Enter your PAN or Application Number to check your status

What Happens After IPO Allotment?

Once the Amba Auto Sales & Services IPO allotment is finalised on April 30, 2026, here is a step-by-step timeline of what happens next:

Allotment Confirmation (April 30, 2026): The basis of allotment is published. Investors can check their status on the registrar’s portal – Bigshare Services.
Refund Initiation: If you applied but did not receive full or any allotment, the unblocked amount will be released from your bank account (for UPI/ASBA applicants). Funds are typically available within 1 working day.
Credit to Demat Account (by May 2, 2026): Shares allotted to successful applicants are credited to their respective demat accounts.
Listing on NSE SME (May 5, 2026): Amba Auto Sales & Services Limited shares will begin trading on the NSE Emerge platform. You can buy or sell from this date onwards.

Read our detailed guide on how IPO allotment works in India for a step-by-step explanation.

How to Invest in the Amba Auto Sales & Services IPO?

Amba Auto Sales and Services Limited IPO can be applied through any SEBI-registered trading or banking platform that supports IPO applications. Here is how to apply:

Through ASBA (Application Supported by Blocked Amount)

Log in to your internet banking account
Navigate to the IPO / Investments section
Search for Amba Auto Sales & Services Limited IPO
Enter bid quantity (minimum 1,000 shares) and price (at cut-off or within the price band of ₹130–₹135)
Confirm the application – your funds will be blocked (not debited) until allotment is finalised

Through UPI-Based Application

Log in to your trading or demat account
Go to the IPO section and select Amba Auto Sales & Services Limited
Enter your UPI ID, bid price (₹130–₹135), and lot quantity (minimum 1,000 shares)
Approve the mandate request sent to your UPI app (PhonePe, Google Pay, BHIM, etc.)
Once approved, your application is successfully submitted

Important Application Info

Apply at the cut-off price (₹135) to maximise allotment chances
Submit your application well before the closing date (April 29, 2026) to avoid last-minute UPI delays – the cut-off time for UPI mandate confirmation is 5:00 PM on April 29, 2026
Use separate PAN/demat accounts for different eligible family members to improve allotment odds
Do not rely solely on GMP – evaluate the fundamentals of the company before applying

For a broader comparison of investment options, read about Best Government Stocks or Top IT Stocks in India as part of your portfolio planning.

Risks and Challenges for Investors of Amba Auto Sales & Services IPO

Before investing in the Amba Auto Sales & Services IPO, it is important to understand the following risks:

1. High Debt-Equity Ratio: The company carries a debt-equity ratio of 3.65, which is significantly higher than the industry average of 0.34. This elevated leverage could pose a risk to profitability and financial stability, especially if interest rates rise or revenues slow.

2. OEM Dependence: The business is heavily dependent on its two OEM partners – Bajaj Auto and LG Electronics India. Any change in dealership agreements, OEM performance, or product strategy could directly affect the company’s revenue and margins.

3. Regional Concentration: Amba Auto Sales and Services operates primarily in and around Bengaluru. Any region-specific economic slowdown, competitor entry, or infrastructure disruptions could have an outsized impact on the company’s performance.

4. History of Negative Cash Flows: The company has experienced negative cash flows in the past. If negative cash flow situations recur, it could adversely impact operational expansion and growth plans.

5. Pending Legal Proceedings: The company and members of its promoter group are parties to certain legal proceedings as disclosed in the DRHP. Any adverse decision could materially affect business operations and financial condition.

6. Delayed Regulatory Filings: There have been instances of delayed filings with certain regulatory authorities in the past. If penalties or punitive actions result from this, it could impact the company’s operations.

7. SME IPO Liquidity Risk: Since this is an NSE SME IPO, trading volumes post-listing may be lower compared to mainboard IPOs. This can result in limited liquidity, making it difficult to exit positions quickly in case of adverse price movements.

8. Automotive Sector Sensitivity: The automobile retail industry is sensitive to economic cycles, fuel price changes, consumer sentiment, and shifts in mobility preferences (including the rise of EVs). Any downturn in demand for two-wheelers or three-wheelers could directly impact revenue.

Conclusion – Amba Auto Sales & Services IPO

Here is a quick summary of the key highlights of this IPO:

Amba Auto Sales IPO opened on April 27, 2026 and closes on April 29, 2026
Amba Auto Sales & Services IPO allotment date is April 30, 2026 – check status on Bigshare Services
Amba Auto Sales IPO listing date is tentatively May 5, 2026 on the NSE SME (NSE Emerge) platform
Amba Auto Sales & Services IPO GMP is currently ₹0 – GMP may be updated as the listing date approaches
Amba Auto Sales and Services Limited IPO aims to raise ₹65.12 crore through a 100% fresh issue
Amba Auto Sales & Services IPO price band is set at ₹130 – ₹135 per share with a minimum lot of 1,000 shares
Amba Auto Sales and Services Ltd IPO proceeds will be used for new showroom capex (₹6.32 crore), working capital (₹43 crore), and general corporate purposes
The company reported revenue of ₹242.46 crore in FY25 and a net profit of ₹7.78 crore, reflecting strong year-on-year improvement
Amba Auto Sales & Services IPO DRHP is available on the SEBI website and NSE website
Capital Square Advisors Pvt. Ltd. is the lead manager and Bigshare Services Pvt. Ltd. is the registrar

FAQ – Amba Auto Sales & Services IPO Allotment Status

1. What is the Amba Auto Sales & Services IPO allotment date?

The Amba Auto Sales & Services IPO allotment date is April 30, 2026. Allotted shares will be credited to demat accounts by May 2, 2026.

2. What is the Amba Auto Sales IPO listing date?

Amba Auto Sales IPO listing date is tentatively May 5, 2026 on the NSE SME (NSE Emerge) platform.

3. Where can I check the Amba Auto Sales & Services IPO allotment status?

You can check the allotment status through these three platforms:

Bigshare Services IPO Portal (Official Registrar)
BSE India
NSE India

4. What is the Amba Auto Sales & Services IPO GMP?

Amba Auto Sales & Services IPO GMP is currently ₹0. GMP will be updated as the listing date approaches. Note that GMP is unofficial and highly volatile – do not base your investment solely on GMP data.

5. What is the total issue size of Amba Auto Sales and Services Limited IPO?

The Amba Auto Sales and Services Limited IPO total issue size is ₹65.12 crore, consisting entirely of a fresh issue of 48,24,000 equity shares at ₹130-₹135 per share.

6. What is the minimum investment required for Amba Auto Sales & Services IPO?

Investor Type	Minimum Lot	Minimum Shares	Minimum Amount
Retail / HNI	1 lot	1,000 shares	₹1,35,000 (at floor price)
At Cut-Off Price	1 lot	1,000 shares	₹1,35,000
As Per IPO Watch Data	1 lot	2,000 shares	₹2,70,000

7. Who is the registrar for Amba Auto Sales & Services IPO?

The registrar for Amba Auto Sales & Services IPO is Bigshare Services Pvt. Ltd.. Investors can check their allotment status directly on the Bigshare portal.

8. What is the subscription period for Amba Auto Sales & Services IPO?

The Amba Auto Sales & Services IPO subscription period runs from April 27, 2026 to April 29, 2026. Live subscription data can be tracked on the BSE and NSE websites during this window.

9. What will the Amba Auto Sales IPO proceeds be used for?

The IPO proceeds will be utilised as follows:

₹6.32 crore for capital expenditure (new showrooms and renovation of existing ones)
₹43 crore for working capital requirements
Remaining amount for general corporate purposes

10. What are the key risks of investing in Amba Auto Sales & Services IPO?

Key risks include:

High debt-equity ratio of 3.65 vs. industry average of 0.34
Heavy dependence on Bajaj Auto and LG Electronics India as OEM partners
Geographic concentration in Bengaluru
History of negative cash flows
Pending legal proceedings against the company and promoters
Past instances of delayed regulatory filings
Low post-listing liquidity risk (SME platform)
Sensitivity to automobile and consumer electronics demand cycles

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Disclaimer: Investing in IPOs carries market risk. This article is for informational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.