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graph-market IPO

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. [*] per equity share (including a share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 1,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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. [*] per equity share for cash, aggregating up to Rs. [*] 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. Price Band: Rs. 52 to Rs. 55 per equity share of face value of Rs. 10 each. The floor price is 5.2 times of the face value and the cap price is 5.5 times of the face value. Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-24 03-May-24 52.00-55.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Hem Securities Ltd
Project Financed through Current Offer 11.92  
Post Issue Equity Share Capital 8.66  
Issue Price 52.00  

Projects

  • 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

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