Amkay Products Limited IPO is an BSE SME IPO. They are going to raise ₹12.61 Crores via IPO. The issue is priced at ₹52 to ₹55 per equity share. The IPO is to be listed on BSE.
Amkay Products Limited IPO opens for subscription on April 30, 2024, and closes on May 03, 2024. The allotment for the Amkay Products Limited IPO is expected to be finalized on May 06, 2024. Amkay Products Limited IPO will list on BSE SME with tentative listing date fixed as May 08, 2024.
| IPO Details | allotment |
| Minimum Investment ₹110,000 /1 Lot (2000 shares) | Price Range ₹52-₹55 | |
| Max Quantity 1 Lots/2000 Shares | Max Investment ₹110,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 12.61 Cr | Employee Discount ₹0 |
| Total Issue Size 2,292,000 Shares (aggregating up to ₹12.61 Cr) | Share Holding Pree Issue 6,363,640 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 2,292,000 Shares (aggregating up to ₹12.61 Cr) | Share Holding Post Issue 8,655,640 | Listing At BSE SME |
| Market Maker Portion 120,000 Shares | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 23 April 2024 |
| Offer Ends | 03 May 2024 |
| Allotment | 06 May 2024 |
| Refunds | 07 May 2024 |
| Credit of shares to Demat account | 07 May 2024 |
| IPO Listing | 08 May 2024 |
About Amkay Products Limited
Incorporated in October 2007, Amkay Products Limited is a company that produces and sells a wide range of healthcare products including medical devices, disposables, and other essential items such as face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, surgeon caps, and more. Their products are used by healthcare centers, hospitals/clinics, nursing homes, and other such facilities across India.
The company manufactures and markets products such as diapers, plastic gloves, and suction machines.
The manufacturing facility, which occupies an area of about 26000 sq. ft., is fully equipped with machines, a testing lab, and other handling equipment to ensure a smooth process. The company is also accredited under the ISO 9001:2015 standard by QRO Certification LLP for its quality management system.
| Incorporated in | Managing Director |
| 2007 | Mr. |
Share Holding
The Promoters of the company are Kashyap Pravin Mody and Himanshu Kantilal Batavia.
| Share Holding Pre-Issue | 99.89% |
| Share Holding Post-Issue |
Amkay Products Limited IPO Prospectus
| Amkay Products Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹2,825.05 | ₹3,679.45 | ₹4,071.74 |
| Assets | ₹1,563.77 | ₹1,580.64 | ₹1,393.47 |
| Profit | ₹151,02 | ₹146.71 | ₹312.68 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 47.61Cr | ROE | 24.49% |
| P/E (X) | 23.18 | ROCE | 21.54% |
| POST P/E (X) | 16.58 | EPS | 2.37 |
| Debt to Equity | 0.48 | RONW | 21.82% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Funding Capital Expenditure towards installation of additional Machinery
- To meet working capital requirements
- General Corporate Purposes.
Brokerage Firm IPO Review
- To be updated soon
| Amkay Products Limited Contact Details | |
| Address | Amkay Products Limited Bunglow No. 68, Rashmi Park, CHS Ltd., Dhumal Nagar Waliv Road, Vasai, Thane 401208 |
| Phone: | +91-9152094440 |
| cs@amkayproducts.com | |
| Website | http://www.amkayproducts.com/ |
| Amkay Products Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Amkay Products Limited IPO Allotment Status Check |
| Amkay Products Limited IPO Allotment Status Check Click Here |
| Amkay Products Limited Lead Managers | |
| Hem Securities Limited 904, A wing, 9th Floor, Naman Midtown, Senapati bapat marg, Elphinstone road, Lower Parel, Mumbai 400 013 | |
| Phone | +91 22 49060000 |
| ipoinfo@hemonline.com | |
| Website | https://www.hemsecurities.com |
Amkay Products Limited IPO FAQs
What is Amkay Products Limited IPO?
- Amkay Products Limited IPO is an BSE SME IPO. They are going to raise ₹12.61 Crores via IPO. The issue is priced at ₹52 to ₹55 per equity share. The IPO is to be listed on BSE.
- The IPO opens on April 30, 2024, and closes on May 03, 2024.
When Amkay Products Limited IPO will open?
- The IPO is to open on April 30, 2024, for QIB, NII, and Retail Investors. and closes on May 03, 2024
What is Amkay Products Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Amkay Products Limited IPO Size?
- Amkay Products Limited IPO size is ₹12.61 crores.
What is Amkay Products Limited IPO Price Band?
- Amkay Products Limited IPO Price Band is ₹52 to ₹55 per equity share.
What is Amkay Products Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (2000 Shares) with ₹110,000. and Maximum Lot Size 1 Lots (2000 Shares) with ₹110,000
What is Amkay Products Limited IPO Allotment Date?
- Amkay Products Limited IPO allotment date is May 06, 2024.
What is Amkay Products Limited IPO Listing Date?
- Amkay Products Limited IPO listing date is May 08, 2024. The IPO to list on BSE.