The Amkay Products Limited date has been confirmed from April 30, 2024 and closes on May 3, 2024.
Amkay Products Limited IPO is a fixed price issue of Rs 12.61 crores. The price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000.
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Key Details Of Amkay Products Limited
Bidding Dates
April 30-May 3
Price Range
₹52 to ₹55 per share
Face Value
₹10 per share
GMP
₹62
Amkay Products Limited IPO GMP
The Amkay Products Limited IPO GMP is ₹62.
Amkay Products Limited IPO Overview
Amkay Products IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000.
Amkay Products Limited is offering its IPO at a price of ₹44 per share. Retail investors can apply for a minimum lot size of 3000 shares, requiring an investment of ₹132,000. On the other hand, HNI investors must invest in 2 lots (6,000 shares) with a total amount of ₹264,000.
Amkay Products Limited IPO Details
IPO Date | April 30, 2024 to May 3, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹52 to ₹55 per share |
Lot Size | 2000 Shares |
Total Issue Size | 2,292,000 shares (aggregating up to ₹12.61 Cr) |
Fresh Issue | 2,292,000 shares (aggregating up to ₹12.61 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 6,363,640 |
Share holding post issue | 8,655,640 |
Market Maker portion | 120,000 shares |
Amkay Products Limited Financial Information
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 1,887.52 | 1,563.77 | 1,580.64 | 1,393.47 |
Revenue | 2,385.56 | 2,825.05 | 3,679.45 | 4,071.74 |
Profit After Tax | 215.34 | 151.02 | 146.71 | 312.68 |
Net Worth | 986.96 | 771.62 | 620.60 | 473.90 |
Reserves and Surplus | 350.59 | 743.95 | 592.93 | 446.23 |
Total Borrowing | 476.22 | 469.98 | 433.59 | 136.54 |
Amount in ₹ Lakhs |
Amkay Products Limited IPO Timeline
IPO Open Date | Tuesday, April 30, 2024 |
IPO Close Date | Friday, May 3, 2024 |
Basis of Allotment | Monday, May 6, 2024 |
Initiation of Refunds | Tuesday, May 7, 2024 |
Credit of Shares to Demat | Tuesday, May 7, 2024 |
Listing Date | Wednesday, May 8, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on May 3, 2024 |
Company Profile
We specialize in producing and selling top-notch medical items like nebulizers, blood pressure monitors, air beds, adult diapers, hot water bags, face masks, alcohol swabs, blood lancets, HIV kits, bio bags, apron gowns, and more to hospitals, institutes, government agencies, pharmaceutical firms, distributors, and retailers throughout India.
Our goal is to provide top-notch products to healthcare facilities. Our dedicated team ensures that the products meet all medical standards and are accurate.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | bigshareonline.com |
Contact Details
Name | Amkay Products Limited |
Phone number | +91-9152094440 |
Email ID | [email protected] |
Website | amkayproducts.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Amkay Products Limited IPO FAQs
When Amkay Products IPO will open?
The Amkay Products IPO opens on April 30, 2024 and closes on May 3, 2024.
When Amkay Products IPO will open?
Amkay Products IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.
When is Amkay Products IPO listing date?
The Amkay Products IPO listing date is not yet announced. The tentative date of Amkay Products IPO listing is Wednesday, May 8, 2024.