IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

22,92,000 Equity Shares

Investor category and sub category

Retail Individual Investors  |   Qualified Institutional Bidders  |   Non-Institutional Bidders  |  

About Amkay Products Limited

Incorporated in 2007, Amkay Products Limited manufactures, assembles & markets a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon caps etc., used by healthcare centers, hospitals/clinics, nursing homes etc. widely spread across India.

The company’s product portfolio comprises more than 30 products including Respiratory Disease Related Medical Devices, Surgical Disposables, Home Healthcare Products and Other Healthcare Products. Amkay is currently manufacturing over 20 products, along with Branding & trading over 10 products.

The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services, and increasing expenditure by public as well as private players. The Indian healthcare market, which was valued at US$ 86 billion in 2016, is now projected to reach US$ 367 billion by 2023 and US$ 638 billion by 2025.

Amkay Products Limited IPO Details

Amkay Products Limited IPO Dates

Amkay Products Limited IPO is a 100% fresh issue. Amkay Products Limited’s IPO will be listed on the BSE SME. It is a book-built issue IPO.

Amkay Products Limited IPO Price Band

The price range of the IPO has not been fixed yet.

Amkay Products Limited IPO Lot Size

The lot size of the IPO has not been fixed yet.

Amkay Products Limited IPO Objectives

The objectives of Amkay Products Limited IPO are listed below:

  • Funding capital expenditure towards the installation of additional machinery.
  • Funding working capital requirements.
  • General corporate purposes

Peer Details

As per DRHP, the company has 4 listed peers, which are mentioned below:

  1. Hemant Surgical Industries Limited.
  2. QMS Medical Allied Services Limited.

How To Check the Allotment Status of the Amkay Products Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Amkay Products Limited

Registered office: Bungalow No. 68, Rashmi Park, CHS Ltd., Dhumal Nagar, Waliv Road, Vasai, Thane 401208, Maharashtra, India

Phone: +91-9152094440

E-mail: cs@amkayproducts.com

IPO Financials

Particulars Period Ended on December 31, 2023 Year Ending on March 31, 2023 Year Ending on March 31, 2022 Year Ending on March 31, 2021
Total Income 2,385.56 2,825.05 3,679.45 4,071.74
Profit After Tax (PAT) 215.34 151.02 146.71 312.68
Assets 1,887.52 1,563.77 1,580.64 1,393.47
Net Worth 986.96 771.62 620.60 473.90
Total Borrowings 476.22 469.98 433.59 136.54

Know before investing

Strengths

2
  1. The company operates a diverse product portfolio across various segments of medical devices and disposables catering to respiratory disease, home healthcare products and surgical disposables to fulfil customer’s requirements.

  2. The company has diversified revenue from multiple geographical locations across India and from places outside India. Most of its revenue is derived from Sales within India.

Risks

2
  1. The company is dependent on third parties to manufacture some of its products. If these organisations are unable or unwilling to manufacture their products, it will adversely affect their business.

  2. The company is involved in certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Amkay Products Limited IPO FAQs

What is Amkay Products Limited’s IPO?

Amkay Products Limited  IPO is a 100% fresh issue.

When will Amkay Products Limited’s IPO be allotted?

The Basis of Allotment date has not been announced yet.

When will Amkay Products Limited’s IPO open for subscription?

The IPO subscription window has not been decided yet.

What minimum lot size can retail investors subscribe to?

The lot size of the IPO has not been announced yet.

When will Amkay Products Limited list on exchanges?

Amkay Products Limited IPO will be listed on BSE SME.

How do I check the allotment status of the Amkay Products Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the IPO Section and then to IPO Orders
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

What would be the listing gains on the Amkay Products Limited IPO?

Listing gains cannot be ascertained before listing the IPO on the stock exchange.

I have finished the application process for the Amkay Products Limited IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Amkay Products Limited’s IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Amkay Products Limited using one PAN?

You can submit only one application using your PAN card.