The Amba Auto Sales & Services IPO  is an SME book-building issue worth ₹65.12 crore, attracting investor attention due to strong revenue growth and its presence in the automobile and consumer electronics dealership segment.

In this article, we cover IPO details, financials, GMP, valuation, strengths, risks, and analysis of the company.

Amba Auto Sales & Services IPO – Company Analysis

The company operates under the brand names Amba Bajaj and Amba LG Best Shop, functioning as an authorized dealer for:

• Bajaj Auto Limited (2-wheelers, 3-wheelers, KTM bikes, Chetak scooters)

• LG Electronics India Limited (TVs, refrigerators, ACs, washing machines, appliances)

Business Operations

• 29 showrooms and service centers across Bengaluru

• Sales and servicing of automobiles and consumer electronics

• Focus on retail distribution, servicing, and after-sales support

• Strong OEM partnerships and dealership network

The company mainly operates in the automobile retail + consumer electronics distribution segment.

Amba Auto Sales & Services IPO Details

• IPO Open Date: April 27, 2026

• IPO Close Date: April 29, 2026

• Allotment Date: April 30, 2026

• Refund Date: May 04, 2026

• Listing Date (Expected): May 05, 2026

• Listing At: NSE SME

Issue Details

• Issue Size: ₹65.12 crore

• Fresh Issue: 0.48 crore shares

• Price Band: ₹130 to ₹135 per share

• Face Value: ₹10 per share

Company Financials (₹ Cr)

Key Performance Snapshot

Observation

• Strong revenue growth (₹113 Cr → ₹242 Cr in 2 years)

• Profitability improving steadily

• However, operating cash flows remain negative

Revenue Breakdown

FY 2025 Segment Revenue (₹ Lac)

• 2-Wheeler Sales: 7,621.23

• 3-Wheeler Sales: 13,305.72

• Spare Parts: 776.01

• Service & Repairs: 1,166.22

👉 Total revenue shows strong dominance in 3-wheeler and 2-wheeler segments.

Objective of the IPO

The company plans to use IPO proceeds for:

• Setting up new showrooms & renovation (~₹6.32 Cr)

• Working capital requirements (~₹43 Cr)

• General corporate purposes

Peers Comparison

Valuation Metrics

• ROE: 69.09%

• ROCE: 24.31%

• Debt/Equity: 3.65

• PAT Margin: 3.21%

• EBITDA Margin: 7.21%

• P/E Ratio: 23.43x

 The company shows strong returns but also high debt levels.

IPO Strengths

• Experienced promoters and management

• Strong OEM partnerships (Bajaj & LG)

• Diversified product portfolio

• Established showroom and service network

• Strong revenue growth trend

IPO Weaknesses

• High debt (D/E ratio 3.65)

• Negative operating cash flows

• Dependency on auto and electronics sector

• Regulatory and market risks

Amba Auto Sales & Services IPO GMP Today

• GMP (Grey Market Premium): ₹0 (as of 24 April 2026)

This indicates neutral market sentiment currently, with no expected premium in the grey market.

GMP is unofficial and may change daily based on demand.

IPO Summary

• Issue Size: ₹65.12 crore

• Price Band: ₹130 – ₹135

• Lot Size: 1000 shares

• Listing At: NSE SME

• Issue Type: Book Built IPO

• Registrar: Bigshare Services Pvt. Ltd.

Conclusion

The Amba Auto Sales & Services IPO GMP shows strong revenue growth and high return ratios, supported by established OEM partnerships with Bajaj Auto and LG Electronics.

However, investors should also note:

• High debt levels

• Weak operating cash flow

• SME IPO volatility

Overall, the IPO presents a growth-driven but moderately risky investment opportunity, and should be evaluated carefully based on financial goals and risk appetite.

FAQs

When will the Amba Auto Sales IPO open?

April 27, 2026

When will it list?

May 05, 2026

What is the IPO price band?

₹130 to ₹135 per share

What is the GMP today?

₹0 (latest update)

How to apply for the IPO?