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Amkay Products IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Healthcare sector. Hem Securities is the merchant banker of Amkay Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th February 2024.
Amkay Products IPO open date is 30th April 2024 and close date is 3rd May 2024. IPO Allotment Date is 6th May 2024 and Listing date is 8th May 2024.Amkay Products IPO size is Rs 12.61 Cr. crores with IPO price of Rs 55.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Amkay Products IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Amkay Products IPO.
Amkay Products IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Visionary Value Fund | 410,000.00 | ₹55.00 | ₹22,550,000.00 |
| Meru Investment Fund | 240,000.00 | ₹55.00 | ₹13,200,000.00 |
Amkay Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Amkay Products IPO, based in Mumbai, operates in the Healthcare sector with a focus on healthcare products. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Amkay Products IPO size is ₹ 12.61 Cr. Crores with fresh issue size of Rs 12.61 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Amkay Products IPO is expected to be 6th May 2024, after the finalization of basis of allotment. Investors can check Amkay Products IPO allotment status on the registrars website, Bigshare Services Private Limited. Amkay Products IPO refund dates are 7th May 2024.
Amkay Products IPO is expected to be listed on 8th May 2024.
The upper price band for the Amkay Products IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Amkay Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Amkay Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd May 2024. After submission, funds are blocked until the basis of allotment of Amkay Products IPO is finalised.
The merchant banker for Amkay Products IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Amkay Products IPO RHP for further details.
The registrar for Amkay Products IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Amkay Products IPO through their official website or helpline.
Amkay Products IPO was subscribed 748.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.61 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.74 Cr.
Sector: Healthcare
SME IPO so far:
18
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 30.33 cr.
PE
Ratio:
16.58x
Average Sector PE Ratio: 19.30x
Amkay Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Amkay Products Financial Review Page
Merchant Banker(s) of Amkay Products IPO: Hem Securities Limited
Amkay Products IPO subscription was 748.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Amkay Products IPO listed at a listing price of 109.72 against the offer price of 55.00.
The current market price of Amkay Products is 45.90.
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