IPO IPO-Synopsis
Amkay Products Ltd

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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 Rs10/- 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 Rs10 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 Rs10 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: Rs52 to Rs55 per equity share of face value of Rs10 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 Rs52.00-55.00 Rs0.00-0.00
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 Rs52.00  
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