Amkay Products Limited IPO (Amkay Products IPO)

Amkay Products Limited IPO
Upcoming Amkay Products IPO | New Amkay Products IPO

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 Maharashtra. As of December 31, 2023, the company has employed about 75 employees across different levels of the organization.

Amkay Products IPO

Amkay Products IPO – Details

IPO Opening Date30 April 2024
IPO Closing Date03 May 2024
Issue TypeBook Built Issue IPO
Issue Size22,92,000 Shares Worth ₹12.61 Crore
Fresh Issue: 22,92,000 Shares Worth ₹12.61 Crore
Face Value₹10 per equity share
IPO Price₹52 – ₹55
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Amkay Products IPO – Date Schedule

IPO Open Date30 April 2024
IPO Close Date03 May 2024
Basis of Allotment06 May 2024
Initiation of Refund07 May 2024
Credit of Shares to Demat Account07 May 2024
IPO Listing Date08 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 03, 2024

Amkay Products IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,10,000
Retail (Maximum)12000₹1,10,000
HNI (Minimum)24000₹2,20,000

Competitive Strengths

  • Strong portfolio and diverse range of products across consumer preferences.
  • Extensive network of dealers covering major parts of India.
  • Quality Assurance ensuring standardized product quality.
  • Diversified revenue from multiple geographies.
  • Experienced Promoter with senior management team having successful track record & industry knowledge.

Company Promoters

  • Kashyap Pravin Mody
  • Himanshu Kantilal Batavia

Object Of The Issue

  • Funding Capital Expenditure towards the installation of additional Machinery;
  • To meet working capital requirements; and
  • General Corporate Purpose.
Amkay Products IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202140.7136.543.121.36
31 March 202236.7934.751.464.33
31 March 202328.2525.911.514.69
31 October 202323.8521.092.154.76
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)9.47
EPS (Rs)2.373.32
P/E (x)23.1816.58

Amkay Products IPO Promoter Holding

Pre Issue Share Holding99.89%
Post Issue Share Holding73.44%

Amkay Products IPO Prospectus

Company Contact Information

Amkay Products Limited

Bunglow No. 68, Rashmi Park,
CHS Ltd., Dhumal Nagar
Waliv Road, Vasai, Thane 401208

Phone: +91-9152094440

Amkay Products IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Amkay Products IPO Lead Manager(s)

1. Hem Securities Limited

Amkay Products IPO FAQs

Amkay Products IPO FAQs
What is Amkay Products IPO?

Amkay Products IPO is a SME IPO. The issue is priced at ₹52 – ₹55 per equity share. The IPO is to be listed on BSE SME.
When Amkay Products IPO will open?

The IPO is to open on 30 April 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Amkay Products IPO?

You can apply for 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 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Amkay Products”. 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 a Demat Account with 5 Paisa.
How to Apply the Amkay Products IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Amkay Products”. 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 Edelweiss.
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.
What is Amkay Products IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,10,000 amount while the maximum bid is 2000 shares with ₹1,10,000.
What is the Amkay Products IPO Allotment Date?

Amkay Products IPO allotment date is  06 May 2024.
What is the Amkay Products IPO Listing Date?

Amkay Products IPO listing date is 08 May 2024. The IPO is to list on BSE SME.
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