Amba Auto Sales and Services IPO launches Monday. The automobile and consumer electronics retailer plans to raise 65 crore rupees through its NSE Emerge listing, offering 48.24 lakh equity shares priced between 130 and 135 rupees per share. The company, which operates as a dealership platform for leading OEMs including Bajaj Auto and LG Electronics, will deploy IPO proceeds toward expanding its showroom network, strengthening service infrastructure, and meeting working capital needs. With operations focused on network density and integrated revenue streams across vehicle sales, after-sales services, and consumer electronics, Amba Auto is positioned to capitalize on growth in India's automobile and consumer durables sectors. The offering reflects strong structural growth potential driven by rising disposable incomes and urbanization trends across the Indian market.
