Amba Auto Sales and Services Ltd IPO
Status: Closed
Overview
IPO date
27 Apr 2026 to 29 Apr 2026
Face value
₹ 10 per share
Price
₹ 130 to ₹135 per share
Issue Size
4,824,000 shares
(aggregating up to ₹ 65.12 Cr)
(aggregating up to ₹ 65.12 Cr)
Allotment Date
30 Apr 2026
Listing at
NSE
Issue type
Book Building - SME
Sector
Retail
Objectives of Amba Auto Sales and Services Ltd IPO
Amba Auto Sales and Services Ltd IPO Strategy
About Amba Auto Sales and Services Ltd
Unlock Stock of the Month
T&C*
Strengths vs Risks of Amba Auto Sales and Services Ltd
Know the pros & cons
Strengths
Founder led company supported by a highly experienced and professional management team.- Company is having dealership of leading brands in Two wheelers, Three wheelers and Household Electronics
products. Company is rendering quality after sales service to its customers.
- High consistency and success rates in keeping the customers across products.
- Growth opportunities in existing showrooms and opening up of new showrooms and service centres.
- Ability to attract and retain high trained technical staff for all the vehicles.
Risks
- The company's success depends on the value, perception, marketing and overall competitiveness of its OEMs in India.
Any damage to ours or the company's OEMs' brands or its failures to compete effectively in India could materially and
adversely affect the company's business, results of operations and financial condition.
- The company's high debt-equity ratio and dependence on working capital financing may adversely impact its financial
flexibility and growth.
- The company has experienced negative cash flows in the past, and may experience negative cash flows in the future,
which could adversely impact its operations and growth plans.
- The company is subject to the significant influence of, and restrictions imposed by its OEMs pursuant to the terms of
the company's dealership agreements that may adversely impact its business, results of operations, financial condition
and prospects, including the company's ability to expand into new territories.
- The company's business operations are substantially concentrated in the state of Karnataka, primarily in Bengaluru, and
any adverse developments in this region could have a material adverse effect on its business, results of
operations, and financial condition.
- The automotive industries are sensitive to changing economic conditions and various other factors. Any decline
in demand in the products offered by the Company, their parts, accessories or related hardware by individuals
or entities may adversely impact its business prospects and results of operations.
- Increasing competition across automotive and electronic appliance dealerships, driven by online and offline
marketing strategies, may adversely affect its profitability and growth.
- Dependence on OEM incentives, marketing programs, and brand perception may have adverse impact on the company's
sales directly impacts its profit margins and adversely affects the company's financial conditions and results of
operations.
- The Company is dependent on external suppliers for its product requirements. Any delay or failures on the part
of the external suppliers to deliver products, may materially and adversely affect its business, profitability and
reputation.
- The company's statutory auditor was unable to perform physical verification of inventory, resulting in a qualified audit
report for FY 2023-24
- There have been past instances of discrepancies and non-compliances in filings with the Registrar of
Companies under the Companies Act, which may result in penalties or punitive actions against the Company
in relation to the same, which could adversely affect its business, financial condition and results of operations.
- There has been a delay in executing gift deeds in relation to the gift of certain equity shares of the Company,
which may affect the validity of such transfers and could lead to regulatory or legal challenges.
- There is a risk of regulatory penalties arising from potential disagreement with regulatory authorities regarding
the classification of its historical strategic arrangement.
- The Company and the members of its Promoter Group are parties to certain legal proceedings. Any adverse
decision in such proceedings may have a material adverse effect on the company's business, results of operations and
financial condition.
- There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory
Authorities impose any monitory penalties on the company or take any punitive actions against the Company in relation
to the same,the company's business, financial condition and results of operations could be adversely affected.
- Failures to successfully implement its growth strategy including opening of new stores location and service
centres and penetrating deeper into existing geographic locations, may adversely affect its financial condition
and results of operations.
- The company may be subject to labour unrest, slowdowns, and increased wage costs, which could adversely impact its
profitability and overall business operations.
- Any termination of existing dealership agreements or closure of the company's showrooms, retail outlets, or service
centres, due to various unforeseen circumstances, and any restrictions on opening of new showrooms, retail
outlets, or service centers may have a material adverse impact on its revenue and results of operations.
- The company operates its registered office and stores on premises that are taken by the company on a leasehold basis. The company's inability
to renew the lease agreements or any adverse impact on the title or ownership rights of its landlords in relation
to such premises, may impede the company's effective operations.
- The company's inability or failures to maintain optimum inventory levels or any significant inventory losses due to theft,
fire, flood, earthquake, damage, or obsolescence may adversely affect its business, results of operations, and
financial condition.
- Contribution of vehicle insurance to revenue, dependence on dealer-facilitated insurance sales, and related
risks could adversely affect overall business operations and financial performance.
- The company's operations are subject to extensive and evolving governmental laws and regulations, including sectorspecific
norms and state-specific guidelines. Non-compliance, increased compliance costs, or the enactment of
new restrictive laws could adversely affect its business, operating results, and prospects.
- Any adverse change in regulations governing its products, may adversely impact its business prospects and
results of operations.
- The company is required to obtain certain licenses, regulatory permits and approvals for setting up its dealership and
undertake the company's operation. Any delay or inability to obtain such approvals may have an adverse impact on its
business.
- Licenses and insurance policies required to be maintained by the Company are in the old name of the
Company.
- A failures of its information systems, any security breach, or unauthorized disclosure of confidential
information or privacy could have a material adverse effect on its business, operations, and reputation.
- Fraud or misconduct by the company's employees could adversely affect its reputation, business, results of operations,
and financial condition.
- Significant capital outlays for facility upgrades and expansions may not yield expected returns and could strain
its financial resources.
- The Company is using a Logo, which is not registered with the Trade Mark Authority and copyrights authority
and the Company has also made an application for registration of its trademark and copyright, which is under
process of registration. The company is unable to assure that the future viability or value of any of its intellectual
property or that the steps taken by the company to protect the proprietary rights of the Company will be adequate.
- The company's involvement in related party transactions, both current and future, may present conflicts of interest and
potentially adverse impacts on its financial performance.
- The company's Promoters will continue to hold a significant equity stake in the Company after the Issue and their interests
may differ from those of the other shareholders.
- The company's Promoters, Directors and Key Managerial Personnel, possess interests in the Company beyond their
standard compensation, including through transactions that may not always be at arm's length, potentially
affecting its financial position.
- The success of the company's business depends substantially on its manpower including senior management personnel
and key managerial personnel. The company's inability to attract or retain such manpower could adversely affect its
business and operations.
- The company's success depends upon its ability to attract, hire, train and retain trained manpower while also maintaining
low labour costs.
- Delays in realizing funds from this Initial Public Offering could adversely impact its strategic implementation
schedule and financial performance.
- Certain information contained in this Red Herring Prospectus relies on management estimates, and the company cannot
guarantee the absolute completeness or accuracy of such data.
- Charges created for Secured Loan against the Property and assets of Company, Promoter, and Promoter Group.
- The company's business is capital intensive, and difficult conditions in global and Indian capital markets and the broader
economy may lead to limited availability of funds, adversely affecting its business and results of operations.
- The company's business operations require significant working capital. If the company experiences insufficient cash flows to meet
required payments on its working capital requirements, there may be an adverse effect on the results of the company's
operations.
- The company has availed unsecured and secured loans from banks and other financial institutions, which may be
recalled on demand thereby impacting its liquidity, and financial position.
- The company is subject to restrictive covenants under its financing agreements that could limit the company's flexibility in
managing its business or to use bank balance or other assets. Any defaults may adversely affect the company's cash
flows, business, results of operations and financial condition.
- Few of its members of Promoter and Directors have provided personal guarantees for loan facilities obtained
by the Company, and any failures or default by the Company to repay such loans in accordance with the terms
and conditions of the financing documents could trigger repayment obligations on them, which may impact
their ability to effectively service their obligations as its Promoters/Directors and thereby, impact the company's business
and operations.
- There is an excessive dependence on a few lenders in respect of loan facilities obtained by the Company.
- The company's insurance coverage may not be adequate to protect the company against all potential losses, which may have a
material adverse effect on its business, financial condition and results of operations.
- Industry information included in this Red Herring Prospectus has been derived from an industry report
exclusively commissioned and paid for by the company for the purposes of the Issue.
- Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements,
including prior shareholders' approval.
- If the company fails to maintain an effective system of internal controls, the company may not be able to successfully manage or
accurately report its financial risk.
- The average cost of acquisition of Equity Shares held by the company's Promoters could be lower than the Issue Price.
- The Company has not paid any dividends till now and there can be no assurance that the company will pay dividends in
future. The company's ability to pay dividends in the future will depends upon a variety of factors such as future earnings,
financial condition, cash flows, working capital requirements, and restrictive covenants in its financing
arrangements.
- Contingent liabilities and commitments, which, if they materialize, may affect financial condition of the
Company.
- Disproportionate Increase in Inventories and Trade Receivables May Adversely Affect its Operating Cash
Flows and Liquidity.
- Concentration of business operations in two principal dealership verticals and dependence on two
manufacturers may adversely affect its financial performance and business prospects.
- Margins earned from services and repair vertical and spare parts and accessories distribution vertical may be
impacted by pricing guidelines set by OEMs which may adversely affect financial condition and results of
operations.
- Downgrade in credit ratings of the Company could materially adversely affect business and financial condition
and ability to raise capital in the future.
- The Company may be subject to significant liability should there be any deficiencies in any of the vehicles sold
by the Company or services provided resulting in injury or death.
- The Company may not be able to complete, or achieve the expected benefits from, current or future dealership
acquisitions which could materially adversely affect the business operations and overall financial stability
- The Company has incurred significant capital expenditure during the last three FYs and the company may require
substantial financing for business operations and planned capital expenditure and the failures to obtain
additional financing on terms commercially acceptable may adversely affect its business operations and
overall financial stability.
- The company relies on self-declarations and information provided by one of its Directors regarding his experience, and
the absence of complete documentary evidence for certain periods may result in regulatory scrutiny or adverse
perceptions.
- The Company's intellectual property rights may be subject to infringement or it may breach third party
intellectual property rights.
- Significant failures or disruption of information technology systems could adversely impact business, results of
operations and financial performance of the Company.
- Most of Directors of the Company does not have any prior experience of being a director in any other listed
company in India.
- The company's Outstanding Bank Guarantees Issued in Favour of OEMs May Be Invoked, Which Could Adversely Affect
its Liquidity and Business Operations.
- Accidents and natural disasters could result in the slowdown or stoppage of business and could also cause to
incur liabilities arising from human fatalities and damage to property of the Company.
- The Company's funding requirements and the proposed deployment of Net Proceeds have not been appraised
by any bank or financial institution or any other independent agency and management will have broad
discretion over the use of the Net Proceeds.
- The company cannot assure that the deployment of the Net Proceeds in the manner intended by the Company will result
in an increase in the value of investment.
- The Company will be subject to increased compliance requirements and associated costs as a publicly listed
company.
Amba Auto Sales and Services Ltd Peer Comparison
Understand the company’s industry standing
Amba Auto Sales and Services Limited
Popular Vehicles and Services Limited
Bikewo Green Tech Limited
Face Value
10
2
10
Standalone / Consolidated
Standalone
Standalone
Standalone
Total Income Rs. Cr.
242.46
5651.59
23.63
EPS-Basis
5.76
-1.47
0.59
EPS-Diluted
5.76
-1.47
0.59
NAV Per Share
11.22
89.72
29.55
P/E-Basic EPS
---
---
30.68
P/E-Diluted EPS
---
---
---
RONW(%)
69.09
-1.61
2.38
Latest NAV Period
---
---
---
Latest NAV
---
---
---
How to check the allotment status of Amba Auto Sales and Services Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
Select company from dropdown menu.
Enter details- PAN, Application number or DP client ID
Get your allotment status
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
IPO reads
Stay updated with the latest IPO developments
February 27, 2025 | 5 min read
₹50.11 Cr Balaji Phosphates IPO Opens Feb 28. Issue Details and SWOT AnalysisRead More
February 25, 2025 | 5 min read
Tata Capital Board Approves ₹15,000 Cr Plus Mega IPO; Tata Investment Shares Soar 8%Read More
February 18, 2025 | 5 min read
Busy Week Ahead: 2 SME IPOs and 9 Market Listings – Get the Complete Details HereRead More
October 25, 2024 | 5 min read
Waaree Energies IPO: GMP Soars 106% Amid 76.34x Subscription – Check Your Allotment Status!Read More
October 22, 2024 | 5 min read
Upcoming IPOs: 9 Public Issues Set to Raise ₹10,984.8 Cr – Key Insights Inside!Read More
October 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons WhyRead More
September 6, 2024 | 5 min read
Bajaj Housing Finance IPO: All You Need to KnowRead MoreOctober 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons WhyRead More
August 26, 2024 | 5 min read
Premier Energies IPO: Key Details Ahead of the ₹2,830.40 Cr Issue LaunchRead MoreMore on IPOs
Navigate your way to other IPO resources
Latest videos on IPOs
IPO highlights & details!
FAQs on IPO
Get answers to all your questions here!
The IPO opens on 27 Apr 2026 & closes on 29 Apr 2026.
Amba Auto Sales and Services Limited were originally incorporated as Amba Auto Sales and Services Private Limited' as a private limited company on February 24, 2005 with the Registrar of Companies, Bangalore, Karnataka. Thereafter, Company was converted into a public limited company, consequent to which the name of Company changed to Amba Auto Sales and Services Limited' and a fresh Certificate of Incorporation was issued by the Central Processing Centre on May 14, 2025.
The Company has built a strong market presence in Bengaluru, Karnataka with more than two decades of experience having commenced the business operations as a proprietary concern by setting up a first dealership for two wheelers sales and service. Over the years, it has expanded the business and has acquired dealership for ThreeWheeler, KTM (Sports Motorcycles) & Chetak as well from Bajaj Auto.
The Company has been engaged in the automobile retail and after-sales service business for over two decades and operates as an authorised dealer of Bajaj Auto Limited in Bangalore, Karnataka. The Company's activities include the sale and distribution of two-wheelers and three-wheelers in petrol, CNG, and electric variants, comprising models under the Chetak Electric and KTM brands. In the consumer electronics segment, the Company acts as a distributor and retailer of diversified range of products of LG electronics.
The Company is planning the IPO of 52,00,000 equity shares of face value of Rs 10 each through fresh issue.
Amba Auto Sales and Services Ltd IPO will close on 29 Apr 2026.
- Founder led company supported by a highly experienced and professional management team.
- Company is having dealership of leading brands in Two wheelers, Three wheelers and Household Electronics products. Company is rendering quality after sales service to its customers.
- High consistency and success rates in keeping the customers across products.
- Growth opportunities in existing showrooms and opening up of new showrooms and service centres.
- Ability to attract and retain high trained technical staff for all the vehicles.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Pradeep Kumar Lohia | 4050000 | 30 | 4050000 | 22.1 |
| 2 | Rakesh Kumar Lohia | 4496400 | 33.31 | 4496400 | 24.54 |
| 3 | Vikash Kumar Lohia | 4496400 | 33.31 | 4496400 | 24.54 |
| 4 | Rachna Lohia | 1800 | 0.01 | 1800 | 0.01 |
| 5 | Shilpy Lohia | 1800 | 0.01 | 1800 | 0.01 |
| 6 | Harsh Kumar Lohia | 1800 | 0.01 | 1800 | 0.01 |
| 7 | Sakshi Lohia | 1800 | 0.01 | 1800 | 0.01 |
- The company's success depends on the value, perception, marketing and overall competitiveness of its OEMs in India. Any damage to ours or the company's OEMs' brands or its failures to compete effectively in India could materially and adversely affect the company's business, results of operations and financial condition.
- The company's high debt-equity ratio and dependence on working capital financing may adversely impact its financial flexibility and growth.
- The company has experienced negative cash flows in the past, and may experience negative cash flows in the future, which could adversely impact its operations and growth plans.
- The company is subject to the significant influence of, and restrictions imposed by its OEMs pursuant to the terms of the company's dealership agreements that may adversely impact its business, results of operations, financial condition and prospects, including the company's ability to expand into new territories.
- The company's business operations are substantially concentrated in the state of Karnataka, primarily in Bengaluru, and any adverse developments in this region could have a material adverse effect on its business, results of operations, and financial condition.
- The automotive industries are sensitive to changing economic conditions and various other factors. Any decline in demand in the products offered by the Company, their parts, accessories or related hardware by individuals or entities may adversely impact its business prospects and results of operations.
- Increasing competition across automotive and electronic appliance dealerships, driven by online and offline marketing strategies, may adversely affect its profitability and growth.
- Dependence on OEM incentives, marketing programs, and brand perception may have adverse impact on the company's sales directly impacts its profit margins and adversely affects the company's financial conditions and results of operations.
- The Company is dependent on external suppliers for its product requirements. Any delay or failures on the part of the external suppliers to deliver products, may materially and adversely affect its business, profitability and reputation.
- The company's statutory auditor was unable to perform physical verification of inventory, resulting in a qualified audit report for FY 2023-24
- There have been past instances of discrepancies and non-compliances in filings with the Registrar of Companies under the Companies Act, which may result in penalties or punitive actions against the Company in relation to the same, which could adversely affect its business, financial condition and results of operations.
- There has been a delay in executing gift deeds in relation to the gift of certain equity shares of the Company, which may affect the validity of such transfers and could lead to regulatory or legal challenges.
- There is a risk of regulatory penalties arising from potential disagreement with regulatory authorities regarding the classification of its historical strategic arrangement.
- The Company and the members of its Promoter Group are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.
- There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities impose any monitory penalties on the company or take any punitive actions against the Company in relation to the same,the company's business, financial condition and results of operations could be adversely affected.
- Failures to successfully implement its growth strategy including opening of new stores location and service centres and penetrating deeper into existing geographic locations, may adversely affect its financial condition and results of operations.
- The company may be subject to labour unrest, slowdowns, and increased wage costs, which could adversely impact its profitability and overall business operations.
- Any termination of existing dealership agreements or closure of the company's showrooms, retail outlets, or service centres, due to various unforeseen circumstances, and any restrictions on opening of new showrooms, retail outlets, or service centers may have a material adverse impact on its revenue and results of operations.
- The company operates its registered office and stores on premises that are taken by the company on a leasehold basis. The company's inability to renew the lease agreements or any adverse impact on the title or ownership rights of its landlords in relation to such premises, may impede the company's effective operations.
- The company's inability or failures to maintain optimum inventory levels or any significant inventory losses due to theft, fire, flood, earthquake, damage, or obsolescence may adversely affect its business, results of operations, and financial condition.
- Contribution of vehicle insurance to revenue, dependence on dealer-facilitated insurance sales, and related risks could adversely affect overall business operations and financial performance.
- The company's operations are subject to extensive and evolving governmental laws and regulations, including sectorspecific norms and state-specific guidelines. Non-compliance, increased compliance costs, or the enactment of new restrictive laws could adversely affect its business, operating results, and prospects.
- Any adverse change in regulations governing its products, may adversely impact its business prospects and results of operations.
- The company is required to obtain certain licenses, regulatory permits and approvals for setting up its dealership and undertake the company's operation. Any delay or inability to obtain such approvals may have an adverse impact on its business.
- Licenses and insurance policies required to be maintained by the Company are in the old name of the Company.
- A failures of its information systems, any security breach, or unauthorized disclosure of confidential information or privacy could have a material adverse effect on its business, operations, and reputation.
- Fraud or misconduct by the company's employees could adversely affect its reputation, business, results of operations, and financial condition.
- Significant capital outlays for facility upgrades and expansions may not yield expected returns and could strain its financial resources.
- The Company is using a Logo, which is not registered with the Trade Mark Authority and copyrights authority and the Company has also made an application for registration of its trademark and copyright, which is under process of registration. The company is unable to assure that the future viability or value of any of its intellectual property or that the steps taken by the company to protect the proprietary rights of the Company will be adequate.
- The company's involvement in related party transactions, both current and future, may present conflicts of interest and potentially adverse impacts on its financial performance.
- The company's Promoters will continue to hold a significant equity stake in the Company after the Issue and their interests may differ from those of the other shareholders.
- The company's Promoters, Directors and Key Managerial Personnel, possess interests in the Company beyond their standard compensation, including through transactions that may not always be at arm's length, potentially affecting its financial position.
- The success of the company's business depends substantially on its manpower including senior management personnel and key managerial personnel. The company's inability to attract or retain such manpower could adversely affect its business and operations.
- The company's success depends upon its ability to attract, hire, train and retain trained manpower while also maintaining low labour costs.
- Delays in realizing funds from this Initial Public Offering could adversely impact its strategic implementation schedule and financial performance.
- Certain information contained in this Red Herring Prospectus relies on management estimates, and the company cannot guarantee the absolute completeness or accuracy of such data.
- Charges created for Secured Loan against the Property and assets of Company, Promoter, and Promoter Group.
- The company's business is capital intensive, and difficult conditions in global and Indian capital markets and the broader economy may lead to limited availability of funds, adversely affecting its business and results of operations.
- The company's business operations require significant working capital. If the company experiences insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of the company's operations.
- The company has availed unsecured and secured loans from banks and other financial institutions, which may be recalled on demand thereby impacting its liquidity, and financial position.
- The company is subject to restrictive covenants under its financing agreements that could limit the company's flexibility in managing its business or to use bank balance or other assets. Any defaults may adversely affect the company's cash flows, business, results of operations and financial condition.
- Few of its members of Promoter and Directors have provided personal guarantees for loan facilities obtained by the Company, and any failures or default by the Company to repay such loans in accordance with the terms and conditions of the financing documents could trigger repayment obligations on them, which may impact their ability to effectively service their obligations as its Promoters/Directors and thereby, impact the company's business and operations.
- There is an excessive dependence on a few lenders in respect of loan facilities obtained by the Company.
- The company's insurance coverage may not be adequate to protect the company against all potential losses, which may have a material adverse effect on its business, financial condition and results of operations.
- Industry information included in this Red Herring Prospectus has been derived from an industry report exclusively commissioned and paid for by the company for the purposes of the Issue.
- Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.
- If the company fails to maintain an effective system of internal controls, the company may not be able to successfully manage or accurately report its financial risk.
- The average cost of acquisition of Equity Shares held by the company's Promoters could be lower than the Issue Price.
- The Company has not paid any dividends till now and there can be no assurance that the company will pay dividends in future. The company's ability to pay dividends in the future will depends upon a variety of factors such as future earnings, financial condition, cash flows, working capital requirements, and restrictive covenants in its financing arrangements.
- Contingent liabilities and commitments, which, if they materialize, may affect financial condition of the Company.
- Disproportionate Increase in Inventories and Trade Receivables May Adversely Affect its Operating Cash Flows and Liquidity.
- Concentration of business operations in two principal dealership verticals and dependence on two manufacturers may adversely affect its financial performance and business prospects.
- Margins earned from services and repair vertical and spare parts and accessories distribution vertical may be impacted by pricing guidelines set by OEMs which may adversely affect financial condition and results of operations.
- Downgrade in credit ratings of the Company could materially adversely affect business and financial condition and ability to raise capital in the future.
- The Company may be subject to significant liability should there be any deficiencies in any of the vehicles sold by the Company or services provided resulting in injury or death.
- The Company may not be able to complete, or achieve the expected benefits from, current or future dealership acquisitions which could materially adversely affect the business operations and overall financial stability
- The Company has incurred significant capital expenditure during the last three FYs and the company may require substantial financing for business operations and planned capital expenditure and the failures to obtain additional financing on terms commercially acceptable may adversely affect its business operations and overall financial stability.
- The company relies on self-declarations and information provided by one of its Directors regarding his experience, and the absence of complete documentary evidence for certain periods may result in regulatory scrutiny or adverse perceptions.
- The Company's intellectual property rights may be subject to infringement or it may breach third party intellectual property rights.
- Significant failures or disruption of information technology systems could adversely impact business, results of operations and financial performance of the Company.
- Most of Directors of the Company does not have any prior experience of being a director in any other listed company in India.
- The company's Outstanding Bank Guarantees Issued in Favour of OEMs May Be Invoked, Which Could Adversely Affect its Liquidity and Business Operations.
- Accidents and natural disasters could result in the slowdown or stoppage of business and could also cause to incur liabilities arising from human fatalities and damage to property of the Company.
- The Company's funding requirements and the proposed deployment of Net Proceeds have not been appraised by any bank or financial institution or any other independent agency and management will have broad discretion over the use of the Net Proceeds.
- The company cannot assure that the deployment of the Net Proceeds in the manner intended by the Company will result in an increase in the value of investment.
- The Company will be subject to increased compliance requirements and associated costs as a publicly listed company.
The Issue type of Amba Auto Sales and Services Ltd is Book Building - SME.
The minimum application for shares of Amba Auto Sales and Services Ltd is 2000.
The total shares issue of Amba Auto Sales and Services Ltd is 4824000.
Initial public issue of up to 48,24,000 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 135 per equity share (including a share premium of Rs. 125 per equity share) ("Issue Price") aggregating up to Rs.65.12 Crores ("Issue / Issue"). This issue includes a reservation of up to 2,42,000 equity shares aggregating up to Rs.3.27 Crores for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.33% and 25.01%, respectively, of the post-issue paid-up equity share capital of the company, respectively.
Price Band: Rs. 135 per equity share of face value of Rs. 10 each.
The floor price is 13.5 times the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.