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Amkay Products Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Amkay Products Ltd IPO

Registered Office: No.68 Rashmi Park CHS Ltd,Dhumal Nagar Waliv Road Vasai , Thane - 401208 , Maharashtra , India.
Phone : +91-91520 94440   Fax:
Email :  cs@amkayproducts.com  
Website :  www.amkayproducts.com
Initial public offer of upto 22,92,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Amkay Products Limited ("The Company" or "The Issuer") at an issue price of (Rs)55 per equity share (including a share premium of (Rs)45 per equity share) for cash, aggregating up to (Rs)12.61 crores ("Public Issue") out of which 1,20,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)55 per equity share for cash, aggregating (Rs)0.66 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 21,72,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)55 per equity share for cash, aggregating up to (Rs)11.95 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.48% and 25.09% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10 each. The issue price is 5.5 times with the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-24 03-May-24 (Rs)55.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 11.09
Hem Securities Ltd
Project Financed through Current Offer 12.61  
Post Issue Equity Share Capital 8.66  
Issue Price (Rs)55.00  
 
Projects
Funding capital expenditure towards installation of additional machineryGeneral corporate purposes
To meet working capital requirements
Promoted By
Kashyap Pravin Mody  
Hemanshu Kantilal Batavia  
Kashyap Pravin Mody  
Hemanshu Kantilal Batavia  
Listing At
BSE - SME 
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
Bigshare Services Pvt Ltd