New Delhi. The shares of Amba Auto Sales and Services Limited, a company working in the automobile sector, gave a blow to its IPO investors by entering the stock market weakly today. Under the IPO, the company’s shares were issued at a price of Rs 135.
Today its listing on NSE’s SME platform was at Rs 134.50 with a discount of 0.37 percent. Due to selling pressure after listing, this share fell within a short time to the lower circuit level of Rs 127.80. However, later buyers created buying pressure, which led to lower circuit break. After trading till 11 am, the shares of the company were trading at the level of Rs 132.35. Thus, after the trading so far, the company’s IPO investors were at a loss of 1.96 percent.
Amba Auto’s Rs 65.12 crore IPO was open for subscription between April 27 and 29. This IPO received an average response from investors, due to which it was subscribed 1.19 times overall. Of these, the reserve portion for Qualified Institutional Buyers (QIB) was subscribed 1.75 times. At the same time, there was 1.47 times subscription in the reserve portion for Non-Institutional Investors (NIIs). Similarly, the reserve portion for retail investors could be subscribed only 0.70 times. Under this IPO, 48.24 lakh new shares with face value of Rs 10 have been issued. The company will use the money raised through the IPO to set up its new showroom, renovate the existing showroom, meet working capital needs and for general corporate purposes.
Talking about the financial condition of Amba Auto Sales and Services Limited, as per the claim made in the Draft Red Herring Prospectus (DRHP) submitted to the Capital Market Regulator SEBI, its financial health has continuously strengthened. The company had a net profit of Rs 64 lakh in the financial year 2022-23, which increased to Rs 2.89 crore in the next financial year 2023-24 and jumped to Rs 7.78 crore in the financial year 2024-25. In the first nine months of the last financial year 2025-26 i.e. from April to December 31, 2025, the company had made a net profit of Rs 12.11 crore.
During this period, the company’s revenue also increased continuously. It received a total revenue of Rs 113.05 crore in the financial year 2022-23, which increased to Rs 211.33 crore in the financial year 2023-24 and jumped to Rs 242.46 crore in the financial year 2024-25. In the first nine months of the last financial year 2025-26 i.e. from April to December 31, 2025, the company had received a revenue of Rs 203.79 crore.
During this period, the debt burden on the company also increased continuously. At the end of the financial year 2022-23, the company had a debt burden of Rs 27.13 crore, which increased to Rs 37.21 crore in the financial year 2023-24 and jumped to Rs 55.22 crore in the financial year 2024-25. At the same time, if we talk about the first nine months of the last financial year 2025-26 i.e. from April to December 31, 2025, during this period the debt burden on the company came to the level of Rs 57.42 crore.
The company’s net worth also increased during this period. In the financial year 2022-23, it was at the level of Rs 4.48 crore, which increased to Rs 7.37 crore in 2023-24. Similarly, in 2024-25 the net worth of the company came to the level of Rs 15.14 crore. At the same time, in the first nine months of the last financial year 2025-26 i.e. from April to December 31, 2025, it reached the level of Rs 26.90 crore.
Talking about the reserves and surplus of the company, during this period the company has been successful in achieving progress on this front also. In the financial year 2022-23, it was at the level of Rs 3.73 crore, which increased to Rs 6.62 crore in 2023-24. Similarly, in 2024-25, the reserve and surplus of the company came to the level of Rs 14.39 crore. In the first nine months of the last financial year 2025-26, i.e. from April to December 31, 2025, it had reached the level of Rs 13.40 crore.
Similarly, EBITDA (Earnings before Interest, Taxes, Depreciations and Amortization) was at the level of Rs 4.45 crore in 2022-23, which increased to Rs 8.41 crore in 2023-24 and to Rs 17.48 crore in 2024-25. Whereas in the first nine months of the last financial year 2025-26 i.e. from April to December 31, 2025, it was at the level of Rs 22.34 crore.
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