Amkay Products Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Amkay Products

CMP

72.00

-0.95 (-1.30%)

  • DRHP
₹55

Offer Price

₹ 12.61 Cr

Issue Size

₹ 1,10,000

Min Investment

2,000

Lot size

Time Line

  • 30
    Apr 2024
    Open
  • 03
    May 2024
    Close
  • 06
    May 2024
    Finalisation of Basis of Allotment
  • 07
    May 2024
    Initiation of Refunds
  • 07
    May 2024
    Transfer of Shares to Demat Account
  • 08
    May 2024
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Continue to improve quality standards.

  • Global and geographical presence.

  • Enhancing branding, promotional and digital activities.

  • Continue to strive for cost efficiency & invest in capital expenditure.

Products & Services

  • We manufacture, assemble & market a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon cap etc. used by healthcare centers, hospitals/

  • clinics, nursing homes etc.

Strengths

  • Strong portfolio and diverse range of products across consumer preferences.

  • Extensive network of dealers covering major parts of India.

  • Quality Assurance ensuring standardized product quality.

  • Diversified revenue from multiple geographies.

  • Experienced Promoter with senior management team having successful track record & industry knowledge.

Risks

  • The company generate its major portion of revenue from certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.

  • The company generates its major portion of revenue from certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

  • The company depends on third parties to manufacture some of its products. If these organizations are unable or unwilling to manufacture its products, or if these organizations fail to comply with other applicable regulations or otherwise fail to meet its requirements, will adversely affect the company business.

  • The company depends on third parties to manufacture some of its products. If these organizations are unable or unwilling to manufacture its products, or if these organizations fail to comply with other applicable regulations or otherwise fail to meet its requirements, will adversely affect the company`s business.

  • The company faces risk relating to sourcing of raw materials and components for manufacturing and assembly of its medical devices and disposables from third parties. Any disruption in the supply of the raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.

Company Promoters

Promoters Holding

Issue For IPO
15.94%
Pre Holding

60.20%

Post Holding

44.26%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 36.50 (-10.30%) 27.86 (-23.70%) 19.57 (-)
Gross Profit 36.50 (-10.30%) 27.86 (-23.70%) 19.57 (-)
Net Income 36.50 (-10.30%) 27.86 (-23.70%) 19.57 (-)
Assets 36.50 (-10.30%) 27.86 (-23.70%) 19.57 (-)
Liabilities 36.50 (-10.30%) 27.86 (-23.70%) 19.57 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Amkay Products Ltd 27.86 1.53 12.49 4.75 19.57 0.00 2,797.36 2.68 0.38
Hemant Surgical Industries Ltd 109.15 7.65 64.91 64.91 32.42 10.28 30.73 11.78 0.30
QMS Medical Allied Services Ltd 104.04 6.38 117.74 117.74 9.05 3.90 39.44 5.41 0.36

Book Running Managers

  • Hem Securities Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

No.68 Rashmi Park CHS Ltd,
Dhumal Nagar Waliv Road Vasai,
Thane - 401208
Phone : +91-91520 94440 Email : cs@amkayproducts.com www.amkayproducts.com

Offer Related Information

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... More

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: