Amkay Products Limited IPO
BSE SMEListed On: May 8, 2024 at ₹ 104.5
₹ 110000 /2000 Shares
Check Allotment30 Apr, 2024
Open Date03 May, 2024
Close Date06 May, 2024
Allotment Date08 May, 2024
Listing DateIssue Price
₹52-55 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
104.5Listing Date
2024-05-08Market Lot
2000 Shares (₹110,000/-)Lead Manager
Hem Securities LimitedIssue Size
2,292,000 shares(aggregating up to ₹12.61 Cr)Retail Portion
35%Subscription
693.44 times
The IPO of Amkay Products Limited is priced at ₹52-55 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Amkay Products Limited IPO bid opening date is from Apr 30, 2024 and the bid closing date was May 3, 2024.
Amkay Products Limited IPO allotment result will be available on May 6, 2024. The tentative listing date for Amkay Products Limited is May 8, 2024.
The total issue size is 2,292,000 shares(aggregating up to ₹12.61 Cr).
Amkay Products Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 434,000 / 446,000 | 762,000 | 1,642,000 |
| Day 1 - 30-04-24 06:00 PM | 0.06 / 37.60 x | 54.14 x | 35.18 x |
| Day 2 - 02-05-24 06:00 PM | 0.79 / 158.51 x | 332.51 x | 197.57 x |
| Day 3 - 03-05-24 06:00 PM | 173.04 / 721.96 x | 973.14 x | 693.44 x |
Amkay Products Limited Valuations
EPS Pre IPO
₹2.37/-EPS Post IPO
₹3.32/-P/E Pre IPO
23.18P/E Post IPO
16.58ROE
24.49%ROCE
21.54%Debt/Equity
0.48RoNW
21.82%PAT Margin
9.47Price to Book Value
3.55Amkay Products Limited Company Financials All values are in ₹ Lakh
| 31-Dec-23 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 1,887.52 | 1,563.77 | 1,580.64 |
| Revenue | 2,385.56 | 2,825.05 | 3,679.45 |
| Profit After Tax | 215.34 | 151.02 | 146.71 |
| Net Worth | 986.96 | 771.62 | 620.60 |
| Reserves & Surplus | 350.59 | 743.95 | 592.93 |
| Total Borrowing | 476.22 | 469.98 | 433.59 |
About The Company
Amkay Products Limited was established in the year October 2007 as a firm with products related to health, particularly medical equipment and disposables along with other related stuff such as masks, swab alcohol, nebulizer lancet needles, pulse oximeter, and even a surgeon's cap, and a lot of others, for various health institutions like health center, hospital clinics, nursing home, etc throughout India.
The company manufactures and markets products, including diapers, plastic gloves, and suction machines.
The company has more than 30 healthcare products, including medical devices for respiratory diseases, surgical disposables, home healthcare products, and many others. We manufacture 20 products and brand/trade 10 others.
The manufacturing unit covers an area of about 26000 sq. ft, well equipped with machines, testing labs, and other handling equipment so that the manufacturing process is smoother. The quality management system by QRO Certification LLP has been accredited under ISO 9001:2015.
The company consists of two units for manufacturing unit located in Thane, Maharastra along with a wear house located at Thane, Maharastra.
The company has been able to maintain about 75 employees in various levels of the organization up to December 31, 2023.
Amkay Products Limited - Promoter(s)
Pre Issue Share Holding: 99.89%
Post Issue Share Holding: 73.44%
- Kashyap Pravin Mody
- Himanshu Kantilal Batavia
Amkay Products Limited IPO - Issue Objectives
- Funding Capital Expenditure towards the installation of additional Machinery
- To meet working capital requirements
- General Corporate Purpose.
Other Details
Amkay Products Limited
Bunglow No. 68, Rashmi Park, CHS Ltd., Dhumal Nagar, Waliv Road, Vasai, Thane 401208Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Amkay Products Limited IPO - FAQs
Ans. Amkay Products Limited IPO is a SME IPO. The issue is priced at ₹52-55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Apr 30, 2024, and closes on May 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Amkay Products Limited IPO opens on Apr 30, 2024 and closes on May 3, 2024.
Ans. The size of Amkay Products Limited IPO is 2,292,000 shares(aggregating up to ₹12.61 Cr).
Ans. The IPO price band is set between ₹52-55 per equity share.
Ans. To apply for Amkay Products Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Amkay Products Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Amkay Products Limited IPO is May 6, 2024.
Ans. The Amkay Products Limited IPO will be listed on May 8, 2024.
Ans. Follow the steps to check the allotment status for Amkay Products Limited IPO here.
