Amkay Products Limited IPO
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 30-04-2024 | 03-05-2024 | 10 | 0 | 2000 Shares | BSE SME | 2,292,000 shares (aggregating up to ₹12.61 Cr) | 2024-05-06 00:00:00 | 2024-05-06 00:00:00 | 2024-05-07 00:00:00 | 07-05-2024 |
About The Company
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 opens for subscription on April 30, 2024 and closes 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.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-12-2023 | 1888 | 2386 | 215 | 986.96 | 350.59 | 476.22 |
| 31-03-2023 | 1564 | 2825 | 151 | 771.62 | 743.95 | 469.98 |
| 31-03-2022 | 1581 | 3679 | 147 | 620.6 | 592.93 | 433.59 |
| 31-03-2021 | 1393 | 4072 | 313 | 473.9 | 446.23 | 136.54 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 173.04 |
| Non-Institutional Buyers | 987.34 |
| Retail Investors | 973.14 |
| Total | 748.03 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 110000 |
| Retail (Max) | 1 | 2000 | 110000 |
| HNI (Min) | 2 | 4000 | 220000 |
IPO Listing Details
| Listing Date | 07-05-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Pravin Mody and Himanshu Kantilal Batavia.
Contact Information of the Company
Amkay Products Limited
Bunglow No. 68, Rashmi Park,
CHS Ltd., Dhumal Nagar
Waliv Road, Vasai, Thane 401208
Phone: +91-9152094440
Email: cs@amkayproducts.com
Website: http://www.amkayproducts.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Hem Securities Limited (Past IPO Performance)