58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Amkay Products Limited IPO Analysis

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 posted revenues of Rs 31.80 crores and PAT of Rs 2.87 crores in FY24 on annualised basis.

Nature of IPO : SME
Exchange : BSE SME
IPO Type : Book Building

Amkay Products IPO Financial Performance (Restated)

Financial results of Amkay Products IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
31-Dec-23
FY23
FY22
FY21
Balance Sheet
Assets
18.88
15.64
15.81
13.93

Net Worth
9.87
7.72
6.21
4.74

Total Debt
4.76
4.70
4.34
1.37

Profit & Loss
Revenue
Revenue on annualised basis
22.75
30.33
27.86
36.50
40.72

EBITDA
EBITDA on annualised basis
2.53
3.37
3.12
2.66
4.58

PAT
PAT on annualised basis
2.15
2.87
1.51
1.47
3.13

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Amkay Products IPO Key performance Indicators (KPI)

Amkay Products IPO PAT Margin is 9.45%, ROCE (Return on Capital Employed) is 21.54% as per latest financial. The below table shows Amkay Products IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
31-Dec-23
FY23
FY22
FY21

EBITDA Margin (%)
11.12
11.20
7.29
11.25

PAT Margin (%)
9.45
5.42
4.03
7.69

EPS (Rs.)
3.38
2.37
2.31
4.91

ROE (%)
21.78
19.56
23.67
66.03

ROCE (%)
21.54
22.61
22.88
70.79

ROA (%)
11.39
9.65
9.30
22.47

Debt to Equity (x)  
0.48
0.61
0.70
0.29

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Amkay Products IPO Valuation Metrics

The market Capitalisation of Amkay Products IPO is Rs 47.61 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
47.61

Enterprice Value (EV) (Rs. Cr.):
51.31

EV/EBITDA (times) :
15.21

PE Multiple (times) :
16.58

P/B (times) :
2.12

NAV (Rs.) :
15.51

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Amkay Products prospectus?

The Amkay Products IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of Amkay Products IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Amkay Products IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Amkay Products IPO ?

The post-IPO market capitalisation of Amkay Products IPO is ₹47.61 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Amkay Products IPO?

The Amkay Products IPO has a Price-to-Earnings (PE) ratio of 16.58 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Amkay Products IPO?

Amkay Products IPO reported revenue of ₹31.80 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Amkay Products IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Amkay Products IPO?

Amkay Products recorded an EBITDA of ₹ 3.37 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Amkay Products IPO?

Amkay Products Profit After Tax (PAT) is ₹2.87 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 30.33 Cr.
            EBITDA: ₹ 3.37 Cr.
            PAT: ₹ 2.87 Cr.
  • EBITDA Margin: 11.12 %
            Pat Margin: 9.45%
  • Net Worth: ₹ 9.87 Cr.
  • Market Capitalisation: ₹ 47.61 Cr.
  • P/E: 16.58 times
  • P/BV: 2.12 times
  • EV/EBITDA: 15.21 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Amkay Products operates in Healthcare and Healthcare Products. The Issue is listed on BSE SME in May, 2024. Amkay Products IPO size was 12.61 with Issue price of 55.00 .

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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