Amkay Products IPO Date, Review, Price, Allotment Details

Amkay Products Limited manufactures, assembles & markets a comprehensive portfolio of medical devices, disposables, and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon caps, etc. used by healthcare centers, hospitals/clinics, nursing homes etc. widely spread across India. In addition, they are also engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines, etc.

The company started its operations in the year 2008 with the manufacturing and supply of one product in a manufacturing unit taken on rent at Vasai in Mumbai, measuring 980 sq.feet. Gradually, more products were added to their portfolio & for further product expansion, over the period, they shifted to bigger manufacturing units from where they entered into the branding & trading segment also along with manufacturing. Later in the year 2012, they purchased a manufacturing unit at Acchad Industrial Area, Thane, measuring around 20,000 square feet, where currently they are manufacturing & supplying products like Face Mask, Alcohol Swab, Nebulizer Mask, Surgeon/Bouffant Cap, Steel/Plastic Lancet, Air Bed, Apron, Digital Thermometer, Shoe Cover, BP Monitor, etc. In 2014, they took one warehouse on rent at Acchad Industrial Area, for storage of their finished Goods, and then in 2016, they purchased another manufacturing unit at Acchad Industrial Area, Thane, measuring around 6000 square feet, where currently they are manufacturing & supplying Bio Bags.

The company’s product portfolio comprises more than 30 products including Respiratory Disease Related Medical Devices, Surgical Disposables, Home Healthcare Products, and Other Healthcare Products. Presently, they are manufacturing more than 20 products along with Branding & trading of more than 10 products. In the period ending December 31, 2023, fiscal 2023, 2022, and 2021, their revenue from manufacturing operations was Rs. 1836.91 lakhs, Rs. 2224.59 lakhs, Rs. 2255.89 lakhs and Rs. 3020.24 lakhs respectively while their revenue from branding & trading operations was Rs. 437.71 Lakhs, Rs. 561.83 lakhs, 1394.48 lakhs and Rs. 1049.71 lakhs respectively.

Objects of the Issue:

  • Funding Capital Expenditure towards installation of additional Machinery
  • To meet working capital requirements
  • General Corporate Purposes.

Amkay Products IPO Review

Amkay Products IPO Date & Price Band Details

IPO Open: April 30, 2024
IPO Close: May 3, 2024
IPO Size: Approx ₹12.61 Crores, 2,292,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹52 to ₹55 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 35% of the net offer
QIB Quota: 50% of the net offer
NII Quota: 15% of the net offer
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Amkay Products IPO Market Lot

The Amkay Products IPO minimum market lot is 2000 shares with a ₹110000 application amount.

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹110,000
Retail Maximum 1 2000 ₹110,000
S-HNI Minimum 2 4000 ₹220,000

Amkay Products IPO Dates

The Amkay Products IPO date is April 30 and the IPO close date is May 3. The IPO allotment date is May 6 and the IPO might list on May 8.

IPO Open Date: April 30, 2024
IPO Close Date: May 3, 2024
Basis of Allotment: May 6, 2024
Refunds: May 7, 2024
Credit to Demat Account: May 7, 2024
IPO Listing Date: May 8, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Amkay Products IPO Form

How to apply Amkay Products IPO? You can apply Amkay Products IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Amkay Products IPO in the Invest section. The other option you can apply Amkay Products IPO via IPO forms download via the BSE website. Check out the Amkay Products forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Amkay Products Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹40.72 ₹36.54 ₹3.13
2022 ₹36.79 ₹34.76 ₹1.47
2023 ₹28.25 ₹25.91 ₹1.51
Dec 2023 ₹23.86 ₹21.10 ₹2.15

Amkay Products IPO Valuation – FY2023

Check Amkay Products IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Peer Group

  • Hemant Surgical Industries Limited
  • QMS Medical Allied Services Limited
  • Kashyap Pravin Mody
  • Hemanshu Kantilal Batavia

Amkay Products IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Amkay Products IPO Allotment Status

Check Amkay Products IPO allotment status on Bigshare website URL. Click Here

Amkay Products IPO Lead Managers aka Merchant Bankers

Company Address

Amkay Products Limited
Bunglow No. 68,
Rashmi Park, CHS Ltd.
Dhumal Nagar, Waliv Road
Vasai, Thane 401208
Maharashtra, India
Tel No: +91-9152094440
E-mail: [email protected]
Website: www.amkayproducts.com

Amkay Products IPO FAQs

What is Amkay Products IPO?

Amkay Products 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.

When Amkay Products IPO will open?

The IPO is to open on April 30, 2024 for QIB, NII, and Retail Investors.

What is Amkay Products IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Amkay Products IPO?

You can apply Amkay Products 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 the Amkay Products IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Amkay Products IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on 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 Upstox.

How to Apply the Amkay Products IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on 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 Paytm Money.

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 to ₹55 per equity share.

What is Amkay Products IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹110000.

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.

Note: The Amkay Products IPO details are announced officially. The IPO grey market premium (Amkay Products IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

link

Leave a Reply

Your email address will not be published. Required fields are marked *