Amkay Products Limited IPO Date, Details, GMP, Allotment

Amkay Products Limited IPO (Amkay Products IPO): The date for the IPO has been set. It will open on April 30, 2024, and close on May 3, 2024. Amkay Products Limited IPO going to be listed on BSE SME.

Aims to raise with a fresh issue Rs 1261 Lakhs through 22.92 lakh shares. The IPO price band of Amkay Products Limited IPO IPO is ₹52 to ₹55 per share, and the Amkay Products IPO GMP is ₹45.

Amkay Products Limited IPO Key Points

Amkay Products Limited IPO Dates and Details

Amkay Products Ltd IPO or Amkay Products IPO
Open Date30th April 2024
Close Date3rd May 2024
Listing Date8th May 2024 [Expected]
IPO SizeRs 1261 Lakhs through 22.92 lakh shares fresh issue
Face Value₹10 per share
IPO Price Band₹52 to ₹55 per share
IPO Listing onBSE SME
Lot Size2000 Shares
OFSNot Applicable
Retail Quota35%of the total issue share
QBI50% of the total issue share
HNI15% of the total issue share

Amkay Products Limited IPO Expected Dates

  • IPO Open Date: 30th April 2024
  • IPO Close Date: 3rd May 2024
  • Basis of Allotment: 6th May 2024
  • Initiation of Refunds: 7th May 2024
  • The credit of Shares to Demat: 7th May 2024
  • Listing Date: 8th May 2024
  • UPI mandate confirmation: 5 PM on 3rd May 2024

Amkay Products Ltd IPO Lot Size For Retails, QBIs and HNIs

ApplicantsLot Size (Min & Max)ShareAmount
Retail1 Lot (Min) 1 lot (Max)2000₹110,000 Max
S-HNI2 Lot Min.3200₹220,000 Min
B-HNI2 Lots (Min)3200₹220,000 Min

Amkay Products Limited IPO Promoters holding or Owners Holdings

Amkay Products Limited promoters are

  • Kashyap Pravin Mody and Himanshu Kantilal Batavia.

Their Share Holding Pre-Issue 99.89%

Amkay Products Ltd IPO GMP (Gray Market Premium) day-by-day

DateGMPIPO PriceEstimate Listing PriceUpdate On
01/05/2024₹45₹55₹10001/05/2024 08:40
30/04/2024₹45₹55₹10030/04/2024 17:40
29/04/2024₹25₹55₹8029/04/2024 09:00
28/04/2024₹25₹55₹8028/04/2024 20:00
27/04/2024₹25₹55₹8027/04/2024 20:00
26/04/2024₹0₹55₹5526/04/2024 20:00
25/04/2024₹0₹55₹5525/04/2024 20:00
24/04/2024₹0₹55₹5524/04/2024 14:00

To see Amkay Products Limited IPO live subscription status please visit our IPO Subscription Status Live section on the menu.

Amkay Products Limited IPO Allotment Status

SAmkay Products Limited IPO allotment expected date is 6th May 2024. To check the allotment status follow the passage.

To check Storage Technologies & Automation Limited IPO Allotment Visit the link BIGSHARE SERVICES PRIVATE LIMITED select IPO Name enter your Application No or PAN no then click on submit. Now you can see the allotment status.

Know About Amkay Products Limited

Amkay Products Limited, established in October 2007, is a company that specializes in producing and selling a diverse range of healthcare products. Their offerings include medical devices, disposables, and essential items like face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, and surgeon caps.

These products cater to healthcare centres, hospitals, clinics, nursing homes, and similar facilities across India. Amkay Products Limited offers over 30 healthcare products, manufacturing 20 of them and branding/trading 10 others.

For More Details please see – Amkay Products Limited IPO DRHP

Objects of the Issue

The funds raised will be used for the following purposes:

  1. Investing in capital expenditure to install additional machinery.
  2. Meeting working capital requirements.
  3. General corporate purposes.

Amkay Products Limited Financial Status (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakhs)
31st December, 202331st March, 202331st March, 202231st March, 2021
PAT (Profit After Tax)215.34151.02146.71312.68
Total Borrowing476.22469.98433.59136.54
Net Worth986.96771.62620.60473.90
Amount in Lakh

Key Performance Indicator (KPI) of Amkay Products Limited

ParticularsAs of 31 October 2023
EBITDA252.80 Lakh or 11.11%
PAT Margin (in %)9.47%
RoCE (in %)21.54%
RoE (%)24.49%
EPS2.37 per share pre-issue
PE Ratio

Peer Groups

  • Hemant Surgical Industries Limited
  • QMS Medical Allied Services Limited

Amkay Products Limited IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Amkay Products Limited IPO Book Running Lead Manager


Tel. No.: +91- 22- 49060000

Amkay Products Limited Contact

Amkay Products Limited
Bunglow No. 68, Rashmi Park,
CHS Ltd., Dhumal Nagar
Waliv Road, Vasai, Thane 401208
Phone: +91-9152094440

How To Apply Amkay Products Ltd IPO

To apply for the Amkay Products Limited IPO online, you have two payment options: UPI or ASBA. Here’s how you can do it through various platforms:

  1. Zerodha, Dhan, Angle One, Upstock, etc.: These brokers offer UPI IPO applications. You can apply for the IPO through their respective platforms by selecting the Racks & Rollers IPO and completing the application process using UPI as the payment method.
  2. ICICI Bank, HDFC Bank, and SBI Bank: These banks provide ASBA IPO applications. You can apply for the IPO through their net banking portals. Simply log in to your bank account, navigate to the IPO section, select the Racks & Rollers IPO, and fill out the application form, specifying the bid quantity and price. Then, submit the application using ASBA as the payment method.


When is the opening and closing date for Amkay Products Ltd’s IPO?

The Amkay Products Limited IPO opens on April 30, 2024, and closes on May 3, 2024.

What is the IPO price band and lot size for Amkay Products Ltd’s IPO?

The IPO price band for Amkay Products Limited IPO is ₹52 to ₹55 per share, with a lot size of 2000 shares.

What are the key financial indicators of Amkay Products Limited as of December 31, 2023?

As of December 31, 2023, key financial indicators include liabilities of Rs 1,887.52 Lakhs, assets of Rs 1,887.52 Lakhs, revenue of Rs 2,385.56 Lakhs, and a profit after tax (PAT) of Rs 215.34 Lakhs.

How can I apply for Amkay Products Limited IPO?

You can apply for the Amkay Products Limited IPO online through UPI or ASBA. Brokers like Zerodha, Upstox, ICICI Bank, HDFC Bank, and SBI Bank offer online IPO application facilities.

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