Amba Auto Sales & Services IPO Subscribed 1.19 Times on Day 3
5paisa Capital Ltd
- 2 min read
Last Updated: 29th April 2026 - 05:21 pm
Amba Auto Sales & Services Limited's initial public offering (IPO) closed its three-day subscription window at 1.19 times overall subscription by 4:54 PM on Day 3 (April 29, 2026). The ₹65.12 crore book-build issue, priced at ₹130 to ₹135 per share, received bids for 54,54,000 shares against 45,82,000 shares on offer, with total applications reaching 905.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Amba Auto Sales & Services IPO
| Date | QIB | NII | Individual Investor | Total |
|---|---|---|---|---|
| Day 1 (April 27) | 0.00 | 0.21 | 0.11 | 0.15 |
| Day 2 (April 28) | 0.00 | 0.70 | 0.23 | 0.44 |
| Day 3 (April 29) | 1.75 | 1.47 | 0.70 | 1.19 |
Here are the subscription details for Amba Auto Sales & Services Day 3, as of 5:04 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 2,42,000 | 2,42,000 | 3.27 |
| QIB (Ex-Anchor) | 1.75 | 4,64,000 | 8,13,000 | 10.98 |
| NII | 1.47 | 22,86,000 | 33,57,000 | 45.32 |
| Individual Investor | 0.70 | 18,32,000 | 12,84,000 | 17.33 |
| Total | 1.19 | 45,82,000 | 54,54,000 | 73.63 |
Key Highlights – Day 3
- Overall subscription crossed full subscription at 1.19 times, surging from Day 2's 0.44 times, driven by a sharp final-day surge in institutional and NII demand.
- Qualified institutional buyers (ex-anchor) crossed full subscription at 1.75 times, entering the issue on Day 3 after showing no participation on Days 1 and 2.
- Non-institutional investors crossed full subscription at 1.47 times, improving from Day 2's 0.70 times, with bNII at 1.88 times against sNII's subdued 0.64 times.
- Individual investors improved to 0.70 times from Day 2's 0.23 times, though participation remained below full subscription.
Key Highlights - Day 2
- Overall subscription reached 0.44 times, improving from Day 1's 0.15 times.
- Non-institutional investors improved to 0.70 times from Day 1's 0.21 times, with bNII at 0.90 times and sNII at 0.30 times.
- Individual investors improved to 0.23 times from Day 1's 0.11 times.
- Qualified institutional buyers (ex-anchor) showed no participation on Day 2.
Key Highlights – Day 1
- Overall subscription reached 0.15 times on Day 1 (April 27, 2026), reflecting subdued initial investor interest in this authorised dealership SME IPO.
- Non-institutional investors showed the strongest opening participation at 0.21 times, with bNII at 0.25 times and sNII at 0.13 times on Day 1.
- Individual investors showed negligible participation at 0.11 times on Day 1.
- Qualified institutional buyers (ex-anchor) showed no participation on Day 1.
About Amba Auto Sales & Services Limited
Incorporated in 2005, Amba Auto Sales & Services Limited operates as an authorised dealer of Bajaj Auto Limited and LG Electronics India Limited under the brands Amba Bajaj and Amba LG Best Shop, respectively, across 29 showrooms and service centres in Bengaluru. Its automobile segment covers motorcycles, scooters, sports bikes, and three-wheelers from Bajaj Auto, while its electronics segment covers TVs, air conditioners, refrigerators, washing machines, and other appliances from LG.
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