IPO Synopsis


Amkay Products Ltd

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 55.00-0.00 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 55.00  

Project

  • Funding capital expenditure towards installation of additional machinery
  • To meet working capital requirements
  • General corporate purposes

Promoted By

Kashyap Pravin Mody

Hemanshu Kantilal Batavia

Kashyap Pravin Mody

Hemanshu Kantilal Batavia

Listing At

BSE - SME

BSE - SME

Registrar to the Issue

No Data Available