How to Check Amba Auto Sales and Services IPO Allotment Status

Incorporated in 2005, Amba Auto Sales & Services operates as an authorised dealer of Bajaj Auto Limited and LG Electronics India Limited under the brand names Amba Bajaj and Amba LG Best Shop, respectively.

Its business spans two segments: Automobiles (sales and service of motorcycles, scooters including Chetak, sports bikes including KTM, and three-wheelers from Bajaj Auto) and Consumer Electronics (sale of products like TVs, air conditioners, refrigerators, washing machines, and small appliances from LG).

The company has 29 showrooms and service centres across the automobile and electronics segments, operating within the local limits of Bengaluru, with a network of multiple showrooms and service centres that provide customers with convenient access to its products and after-sales services. As of February 28, 2026, its workforce comprised 254 permanent employees.

Amba Auto Sales & Services IPO is a book build issue of ₹65.12 crore, entirely comprising a fresh issue of 0.48 crore shares aggregating to ₹65.12 crore. The IPO opened on April 27, 2026, and closed on April 29, 2026. The allotment is expected on Thursday, April 30, 2026. The share price band was set at ₹130 to ₹135 per share.
 

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Steps to Check Amba Auto Sales & Services IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt. Ltd.
• Select "Amba Auto Sales & Services" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Amba Auto Sales & Services IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Amba Auto Sales & Services" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Amba Auto Sales & Services IPO Subscription Status

Amba Auto Sales & Services IPO subscribed 1.19 times overall. Here is the category-wise breakdown as of 4:54:59 PM on April 29, 2026:

• QIB Category (Ex Anchor): 1.75 times
• Non-Institutional Investors (NII): 1.47 times
• Individual Investors: 0.70 times

Amba Auto Sales & Services IPO Share Price and Investment Details

The minimum investment required was ₹2,70,000 for 2 lots (2,000 shares) for individual investors. The issue includes a reservation of up to 2,42,000 shares for the market maker, Rikhav Securities Ltd. Given the overall subscription of 1.19 times with moderate institutional interest at 1.75 times, moderate NII participation at 1.47 times, and weak individual investor subscription at 0.70 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding capital expenditure for setting up new showrooms and renovating existing ones (₹6.32 crore), meeting the working capital requirements of the Company (₹43.00 crore), and general corporate purposes.

Business Overview

Amba Auto Sales & Services Limited operates as an authorised dealer for Bajaj Auto and LG Electronics. As of December 31, 2025, it operates from 28 showrooms and 1 godown. The company posted bumper profits from FY24 onwards, outperforming its peers. It is also engaged in after-sales services, repairs/maintenance, and retailing related accessories. Spectacular performance for 9M-FY26 raises eyebrows.

The company demonstrated financial performance with total income of ₹242.46 crore for FY2025 and a net worth of ₹26.90 crore as of December 31, 2025. The company benefits from experienced promoters and management team, strategically located logistics and warehousing facilities, diversification in products and services, long-term relationships with its Original Equipment Manufacturers (OEMs), and training programmes and skilled employees.