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Amkay Products IPO Date, Review, Price, Allotment Details
Amkay Products IPO is opening for subscription on April 30, 2024 and closing on May 3, 2024. This BSE SME IPO aims to raise ₹12.61 crores, with a 100% Fresh Issue of 2,292,000 equity shares, each with a face value of ₹10. The price band for the Amkay Products IPO is fixed at ₹52 – ₹55 Per Equity Share, with a market lot of 2000 Shares. The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Amkay Products IPO Allotment will done on May 6, 2024, and Amkay Products IPO listing date is May 8, 2024.
Amkay Products Company Profile
Amkay Products Limited manufactures, assembles, and markets a comprehensive portfolio of medical devices, disposables, and other healthcare products such as Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon caps, etc. used by healthcare centers, hospitals/clinics, nursing homes, etc. across India. In addition, they are engaged in branding and marketing of some products like Diapers, Plastic Gloves, Suction Machines, etc.
The company started its operations in 2008 with the manufacturing and supply of one product in a manufacturing unit taken on rent at Vasai in Mumbai. Over time, they expanded their portfolio and operations, shifting to bigger manufacturing units and entering into branding & trading segments. They currently operate from a manufacturing unit at Acchad Industrial Area, Thane, manufacturing & supplying various medical products.
Amkay Products IPO Objectives
The funds raised through the IPO will be utilized for:
- Funding Capital Expenditure towards the installation of additional Machinery
- To meet working capital requirements
- General Corporate Purposes
Amkay Products IPO Key Details
- Amkay Products IPO Open Date: April 30, 2024
- Amkay Products IPO Close Date: May 3, 2024
- Amkay Products IPO Size: Approximately ₹12.61 crores, 2,292,000 Equity Shares
- Face Value: ₹10 Per Equity Share
- Amkay Products IPO Price Band: ₹52 – ₹55 Per Equity Share
- Amkay Products IPO Listing on: BSE SME IPO
- Retail Quota: 35% of the net offer
- QIB Quota: 50% of the net offer
- HNI Quota: 15% of the net offer
Amkay Products IPO Timeline
- Amkay Products IPO Open Date: April 30, 2024
- Amkay Products IPO Close Date: May 3, 2024
- Basis of Allotment: May 6, 2024
- Refunds: May 7, 2024
- Credit to Demat Account: May 7, 2024
- Amkay Products IPO Listing Date: May 8, 2024
How to Apply for Amkay Products IPO
Investors can apply for the Amkay Products IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the BSE website.
Amkay Products Financial Performance (in Crores)
- Year 2021: Revenue ₹40.72, Expense ₹36.54, PAT ₹3.13
- Year 2022: Revenue ₹36.79, Expense ₹34.76, PAT ₹1.47
- Year 2023: Revenue ₹28.25, Expense ₹25.91, PAT ₹1.51
- Dec 2023: Revenue ₹23.86, Expense ₹21.10, PAT ₹2.15
Amkay Products Valuation FY2024
- Earning Per Share (EPS): ₹2.37 per Equity Share
- Price/Earning P/E Ratio: NA
- Return on Net Worth (RoNW): 19.57%
- Net Asset Value (NAV): ₹12.13 per Equity Share
Amkay Products Peer Group
- Hemant Surgical Industries Limited
- QMS Medical Allied Services Limited
Amkay Products Company Promoters
- Kashyap Pravin Mody
- Hemanshu Kantilal Batavia
Amkay Products IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Amkay Products IPO Allotment Status Check
- Check the Amkay Products IPO allotment status on the Bigshare Services website.
Amkay Products IPO Allotment Link
- Check the Amkay Products IPO allotment on the ipogmp.org website.
Amkay Products IPO Lead Managers (Merchant Bankers)
Hem Securities Limited
Amkay Products Company Address
Bunglow No. 68, Rashmi Park, CHS Ltd., Dhumal Nagar, Waliv Road, Vasai
Thane,Maharashtra-401208 India
Website: http://www.amkayproducts.com/
Phone: +91-9152094440
Email: cs@amkayproducts.com
Amkay Products IPO FAQs
What is Amkay Products IPO?
Amkay Products IPO is a BSE SME IPO. They are going to raise ₹12.61 crores via IPO. The issue is priced at ₹52 – ₹55 Per equity share. The IPO is to be listed on BSE.
When will the Amkay Products IPO open?
The IPO is to open on April 30, 2024 for NII, and Retail Investors.
What is Amkay Products IPO Investors Portion?
The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.
How to Apply for the Amkay Products IPO?
You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply Amkay Products IPO through Zerodha?
For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.
How to Apply the Amkay Products IPO through Alice Blue?
Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.
How to Apply for the Amkay Products IPO through Motilal Oswal?
Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.
What is Amkay Products IPO Size?
Amkay Products IPO size is ₹12.61 crores.
What is Amkay Products IPO Price Band?
Amkay Products IPO Price Band is ₹52 – ₹55 Per equity share.
What is Amkay Products IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 Shares with ₹110,000.
What is Amkay Products IPO Allotment Date?
Amkay Products IPO allotment date is May 6, 2024.
What is Amkay Products IPO Listing Date?
Amkay Products IPO listing date is May 8, 2024. The IPO to list on BSE SME IPO.
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