Amkay Products Limited IPO
- IPO Date30 Apr, 2024 to 03 May, 2024
- Listing Date08 May, 2024
- Face Value₹10 per share
- Issue Price₹52 to ₹55 per share
- Lot Size2000 Shares
- Minimum Investment₹1,10,000
- Listing AtBSE SME
- Total Issue Size22,92,000 Shares
(aggregating up to ₹12.61 Cr) - Fresh Issue22,92,000 Shares
(aggregating up to ₹12.61 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue63,63,640
- Shareholding post issue86,55,640
IPO Dates
Closing Date
03 May, 2024
Initiation of Refunds
07 May, 2024
Listing Date
08 May, 2024
30 Apr, 2024
Opening Date
06 May, 2024
Basis of Allotment
07 May, 2024
Credit of Shares
Amkay Products Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| HNI (Min) | 2 | 4000 | ₹2,20,000 |
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
Amkay Products Limited Promoter Holding
The Promoters of the company are Kashyap Pravin Mody and Himanshu Kantilal Batavia.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.89% | 73.44% |
Amkay Products Limited COMPANY INFORMATION
Amkay Products IPO is a book built issue of Rs 12.61 crores. The issue is entirely a fresh issue of 22.92 lakh shares. Amkay Products IPO bidding started from April 30, 2024 and ended on May 3, 2024. The allotment for the Amkay Products IPO is expected to be finalized on Monday, May 6, 2024. Amkay Products IPO will list on BSE SME with tentative listing date fixed as Wednesday, May 8, 2024. 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. Hem Securities Limited is the book running lead manager of the Amkay Products IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Amkay Products IPO is Hem Finlease. Refer to Amkay Products IPO RHP for detailed information.
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 company offers over 30 healthcare products, including medical devices for respiratory diseases, surgical disposables, home healthcare products, and others. We manufacture 20 products and brand/trade 10 others.
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.
The company has two manufacturing unit situated in Thane, Maharashtra and a Wearhouse situated in Thane Maharastra.
As of December 31, 2023, the company has employed about 75 employees across different levels of the organization.
FAQs About Amkay Products Limited Ipo
Amkay Products Limited IPO will open on 30 Apr, 2024 and close on 03 May, 2024. Investors must apply within this period to participate.
The Amkay Products Limited IPO price band is set between ₹52.00 and ₹55.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹110000.00.
The Amkay Products Limited IPO shares are expected to be listed on 08 May, 2024, subject to regulatory approvals and final allotment.
You can track your Amkay Products Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Amkay Products Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.