May, 08 2024 Wednesday 10:04 Hrs
  • SENSEX :   73,291.49

  • Top commodity trading and broking companies in India-220.36( -0.30%) 08-May-2024

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
Opens On Closes On
30-Apr-24 03-May-24
Money Payable On
Application Allotment
55.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 11.09 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 12.61  
Post Issue Equity Share Capital (.Cr) 8.66
Issue Price () 55.00
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
No Data Available
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual )