The Amkay Products IPO started on April 30, 2024, and ended on May 3, 2024. Shares were allocated on May 6, 2024, and refund processes began on May 7, 2024. On May 7, 2024, the shares were credited to investors demat accounts. Amkay Products was officially listed on the stock exchange on May 8, 2024.
During the IPO, Amkay Products offered shares at a price range of ₹52 to ₹55 per share, and the lot size was 2000 shares. The total issue size was ₹12.61 crores, with ₹12.61 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Amkay Products IPO Subscription Update Video
Amkay Products IPO Subscription Status
The Amkay Products IPO on May 3, 2024 was subscribed 748.03 times, with the retail category being subscribed 973.14 times, the NII (Non-Institutional Investor) category being subscribed 987.34 times, the QIB (Qualified-Institutional Buyers) category being subscribed 173.04 times.
| Category | Subscription |
| QIB | 173.04x |
| NII | 987.34x |
| Retail | 973.14x |
| Total | 748.03x |
Amkay Products IPO Basic Details
| Company Name | Amkay Products Limited |
| Domain of Company | Sale Healthcare Product |
| 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 |
About Amkay Products Limited
Established in October 2007, Amkay Products Limited is a trusted provider of healthcare essentials. From medical devices to disposable items like face masks and alcohol swabs, we cater to the needs of healthcare centers, hospitals, and nursing homes all over India.
Our diverse range includes diapers, plastic gloves, and suction machines, ensuring we meet various healthcare demands. With over 30 products, from respiratory devices to surgical disposables, we manufacture 20 items and partner with brands for 10 others.
Nestled in Thane, Maharashtra, our manufacturing facility spans 26,000 sq. ft., equipped with cutting-edge machinery and a dedicated testing lab. We pride ourselves on meeting the ISO 9001:2015 standard, certified by QRO Certification LLP, reflecting our commitment to quality.
Currently, we operate two manufacturing units and a warehouse in Thane, Maharashtra, ensuring efficient distribution of our products. With a team of 75 dedicated employees, we strive to serve our customers at every level.
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Amkay Products IPO FAQs
What is the start and end date of Amkay Products IPO Subscription?
The Amkay Products IPO started on April 30, 2024, and ended on May 3, 2024.
When does Amkay Products IPO Subscription open?
The Amkay Products IPO open on April 30, 2024.
When does Amkay Products IPO Subscription close?
The Amkay Products IPO Close on May 3, 2024.
What is the allotment date of Amkay Products IPO?
The allotment date for Amkay Products IPO is May 6, 2024.
When is the initial refund date of Amkay Products IPO?
The initial Refund date for Amkay Products IPO is May 7, 2024.
When were the shares credited to investors demat accounts for the Amkay Products IPO?
The shares for the Amkay Products IPO were credited to investors demat accounts on May 7, 2024.
When will Amkay Products IPO be listed on the stock market?
Amkay Products IPO stock market will be listed on May 8, 2024 at 10 am.
What was the price range of the Amkay Products IPO shares?
The Amkay Products IPO shares were offered at a price range of ₹52 to ₹55 per share.
What was the lot size for the Amkay Products IPO shares?
The lot size for the Amkay Products IPO shares was 2000 shares.
What was the total issue size of the Amkay Products IPO?
The total issue size of the Amkay Products IPO was ₹12.61 crores.
How were the shares allocated among different types of investors for the Amkay Products IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Amkay Products IPO listed?
The Amkay Products IPO was listed on the BSE SME.
What is the Amkay Products IPO Subscription Status?
Amkay Products IPO is subscribed 748.03 Times.
