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Open
30 Apr to 3 May, 2024
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Close
30 Apr to 3 May, 2024
3
Allotment
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Listing
Wed, May 8, 2024
Price Band
₹52 to ₹55
Issue Size
22,92,000 shares (agg. up to ₹13 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, May 8, 2024
Latest GMP
₹62
Est. Gain
112.73%
✦ AI Insight
GMP Trend
08-05-2024₹62Est. ₹117+112.73%
07-05-2024₹62Est. ₹117+112.73%
06-05-2024₹60Est. ₹115+109.09%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 521.94x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 18.88 | 15.64 | 15.81 | 13.93 |
| Total Income | 23.86 | 28.25 | 36.79 | 40.72 |
| Profit After Tax | 2.15 | 1.51 | 1.47 | 3.13 |
| NET Worth | 9.87 | 7.72 | 6.21 | 4.74 |
| Reserves and Surplus | 3.51 | 7.44 | 5.93 | 4.46 |
| Total Borrowing | 4.76 | 4.70 | 4.34 | 1.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Royal Sense Ltd. | SME | ₹9.86 Cr | ₹68 | 33.33 | ₹122.74 | +80.50% | ₹102.68 (-14.79%) |
| Hemant Surgical Industries Ltd. | SME | ₹24.84 Cr | ₹90 | 12.28 | ₹179.55 | +99.50% | ₹389.00 (-0.23%) |
| Vasa Denticity Ltd. | SME | ₹54.07 Cr | ₹128 | 30.62 | ₹221.55 | +73.09% | ₹432.30 (+6.78%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional Machinery | 0.50 |
| 2 | To meet working capital requirements | 8.00 |
| 3 | General Corporate Purpose | 2.59 |
About Amkay Products IPO
Incorporated in October 2007, Amkay Products Limited is a company that produces and sells a wide range of healthcare products including medical devices, disposables, and other essential items such as face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, surgeon caps, and more. Their products are used by healthcare centers, hospitals/clinics, nursing homes, and other such facilities across India. The company manufactures and markets products such as diapers, plastic gloves, and suction machines. The company offers over 30 healthcare products, including medical devices for respiratory diseases, surgical disposables, home healthcare products, and others. We manufacture 20 products and brand/trade 10 others. The manufacturing facility, which occupies an area of about 26000 sq. ft., is fully equipped with machines, a testing lab, and other handling equipment to ensure a smooth process. The company is also accredited under the ISO 9001:2015 standard by QRO Certification LLP for its quality management system. The company has two manufacturing unit situated in Thane, Maharashtra and a Wearhouse situated in Thane Maharastra. As of December 31, 2023, the company has employe
Contact Details
Amkay Products Ltd. AddressBunglow No.68, Rashmi ParkCHS Ltd., Dhumal NagarWaliv Road, Vasai, Dist.PalgharPalghar, Maharashtra, 401208+91-9152094440cs@amkayproducts.comVisit Website