The Amkay Products IPO commenced on April 30, 2024, and concluded on May 3, 2024. The allotment of shares took place on May 6, 2024, and the initiation of refunds began on May 7, 2024. The shares were credited to the demat accounts of investors on May 7, 2024. Finally, the listing of Amkay Products on the stock exchange occurred on May 8, 2024.
The Amkay Products IPO was priced at ₹52 to ₹55 per share, with a lot size of 2000 shares. The total issue size was ₹12.61 crores, comprising a fresh issue of ₹12.61 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Amkay Products IPO Basic Details
| Company Name | Amkay Products Limited |
| Domain of Company | Sale Healthcare Product |
| Amkay Products IPO GMP Today | ₹0 |
| Amkay Products IPO Listing Gain | 0.00% |
| Amkay Products IPO Open Date | April 30, 2024 |
| Amkay Products IPO Close Date | May 3, 2024 |
| Amkay Products IPO Allotment Date | May 6, 2024 |
| Amkay Products IPO Listing Date | May 8, 2024 |
| Face Value | ₹10 per share |
| Price | ₹52 to ₹55 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,292,000 shares of ₹10 (aggregating up to ₹12.61 Cr) |
| Fresh Issue | 2,292,000 shares of ₹10 (aggregating up to ₹12.61 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Kashyap Pravin Mody and Himanshu Kantilal Batavia |
Amkay Products IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 23 April 2024 | ₹0 | 0.00% | – | – |
Amkay IPO Details:
Established in October 2007, Amkay Products Limited is dedicated to crafting and delivering a diverse array of healthcare essentials. From medical gadgets to disposables, our offerings cater to various needs, encompassing face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, surgeon caps, and more. Trusted by healthcare facilities throughout India, including hospitals, clinics, and nursing homes, our products uphold quality and reliability.
Our repertoire extends beyond medical devices to encompass practical items like diapers, plastic gloves, and suction machines, addressing a wide spectrum of healthcare requirements.
With a catalog boasting over 30 healthcare solutions, ranging from respiratory aids to surgical disposables and home healthcare essentials, we take pride in manufacturing 20 of these products while branding or trading the remaining 10.
Spanning approximately 26,000 square feet, our manufacturing facility is equipped with cutting-edge machinery, a meticulous testing lab, and requisite handling apparatus for seamless operations. Recognized for our commitment to quality, we hold accreditation under the ISO 9001:2015 standard by QRO Certification LLP for our robust quality management system.
Nestled in Thane, Maharashtra, our two manufacturing units and warehouse serve as vital hubs for our operations. As of December 31, 2023, our workforce comprises around 75 dedicated individuals, contributing across various tiers of our organization.
Amkay Products IPO More Details Click Here
Amkay Products IPO FAQs
When is Amkay Products IPO open?
Amkay Products IPO will open on 30 April 2024.
When is Amkay Products IPO Close?
Amkay Products IPO will be closed on 3 May 2024.
What is Amkay Products IPO GMP Today?
The Amkay Products IPO GMP aka Grey Market Premium is ₹0.
What is Amkay Products IPO Kostak Rates Today?
The Amkay Products IPO Kostak Rate is ₹000.
What is Amkay Products IPO Subject to Sauda Price Today?
The Amkay Products IPO subject to sauda rates is ₹000.
Amkay Products IPO Expected Returns?
The Amkay Products expected return is 0.00%.
How much will be the listing gain in Amkay Products IPO?
Amkay Products IPO will get listing gain of 0.00%. (Approx.)
