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(22/04/2026 11:30)

Amba Auto Sales announces launch of initial public offering

Amba Auto Sales and Services Ltd. has announced public offering of 4824000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 125.00 per share. The gross proceeds of the issue are expected to be Rs 6,512.40 lakhs.

The company's initial public offer (IPO) will open on 27 April 2026 and is expected to close on 29 April 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 130.00-135.00 per share.

The IPO includes a fresh Issue of 4824000 Equity Shares of the Company at an price of Rs 135.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Amba Auto Sales and Services Ltd. anticipates using the proceeds of the issue for .

CapitalSquare Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
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