Amba Auto Sales IPO Opens On 27 April 2026, Listing On NSE Emerge

Amba Auto Sales and Services is set to come out with its Initial Public Offering (IPO). Operating across automobiles and home appliances, the company will be listed on the NSE Emerge platform of the National Stock Exchange, a segment meant for small and medium enterprises.

The IPO will open on 27 April 2026 and close on 29 April 2026. With another SME listing on the horizon, here are some details worth looking at.

Amba Auto Sales And Services: Key IPO Details

Here is a quick snapshot of Amba Auto’s IPO:

• IPO opening date: 27 April 2026

• IPO closing date: 29 April 2026

• Anchor investor bidding date: 26 April 2026

• Face value: ₹10 per share

• Listing: NSE Emerge

• Issue type: Fresh issue

• Total issue size: Up to 48,24,000 equity shares

• IPO reservation: 50% for qualified institutional buyers, 15% for non-institutional bidders, and 35% for retail individual bidders

The company is offering the IPO through the book-building route. The price band, however, has not been announced yet. Capital Square has been appointed as the Book Running Lead Manager (BRLM).

Who Is Amba Auto Sales And Services?

Based in Bangalore, Amba Auto Sales and Services is led by its Chairman, Pradeep Kumar Lohia. The company operates across the automobile and home appliances segments, combining vehicle dealerships with consumer durable offerings, including associations with brands like LG Electronics.

Its portfolio is fairly wide. Motorcycles, electric scooters, and three-wheelers, along with a range of home appliances, all come under one umbrella.

Growth has been steady over the years. Much of it is driven by a focus on customer relationships and service delivery. It is not just about selling products. The business leans more towards repeat engagement and after-sales support.

The footprint has been expanding as well. As of 2025, the company’s network has grown to around 30 locations.

Revenue has grown steadily over the past three years. After a sharp rise of around 87% in FY24, growth moderated to about 15% in FY25. There has been a strong pickup in profit after tax. It grew by more than 350% in FY24 and then by about 170% in FY25, reflecting better profitability with scale.

There has been an improvement in return ratios as well, indicating more efficient capital utilisation. At the same time, the current ratio has dipped a little, pointing to tighter liquidity in the near term. The inventory turnover trend has been a bit uneven. This indicates that inventory management is still settling into place.

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What Should Investors Watch Out For?

A major share of the IPO proceeds is expected to go towards expansion and day-to-day operations. Around ₹613 lakhs is set aside for capital expenditure, including showroom additions and upgrades. A larger chunk, about ₹4,300 lakhs, will be used for working capital. The remaining amount is meant for general corporate purposes.

Experience at the management level stands out here. That, along with established ties with OEMs such as Bajaj Auto and LG Electronics, adds to the company’s positioning. At the same time, its presence across electric vehicles, motorcycles, three-wheelers, and home appliances brings in some diversification.

There are a few moving parts, though. The business is closely tied to how its OEM partners perform, so any shift there can reflect in demand. The balance sheet also shows a higher debt-equity ratio of 3.65, compared to an industry average of 0.34. Working capital dependence also remains high.

Most of the operations are centred around Bengaluru. That does create some regional concentration. The company has also seen negative cash flows in the past, and if that continues, it could affect both expansion and regular operations.

Overall, the foundation is in place. How things play out from here will depend on how these factors are managed.

Source:

RHP