Amba Auto Sales Gears Up for Successful IPO Debut

Amba Auto Sales and Services plans to launch a Rs 65.12-crore IPO on the NSE's Emerge platform from April 27-29, with shares priced at Rs 130-135. The funds will be used for showroom expansions, working capital, and more. CapitalSquare Advisors is managing the offer, with listing set for May 5, 2026.

Amba Auto Sales and Services is preparing to open its Rs 65.12-crore initial public offering (IPO) on the NSE's Emerge platform starting April 27, closing on April 29.

The company has set a price band of Rs 130-135 per equity share. Proceeds from the IPO are slated for capital expenditures, including new showroom development and existing renovations, alongside meeting working capital and general corporate needs.

With strategic plans focusing on network density and diversified revenue streams, Chairman Pradeep Kumar Lohia aims to seize growth opportunities in both the automobile and consumer electronics sectors. Shares are expected to list on May 5, 2026.