Amba Auto Sales and Services has announced the launch of its initial public offering (IPO), aiming to raise Rs. 65.12 crore through a fresh equity issue. The offering will open for subscription on April 27 and close on April 29, with shares priced in the range of Rs. 130 to Rs. 135 per share. The IPO, listed on the NSE Emerge platform, comprises 48.24 lakh equity shares of face value Rs. 10 each.