Amkay Products SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Amkay Products IPO. Explore Amkay Products IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Amkay Products Limited is a leading manufacturer, assembler, and marketer of medical devices, disposables, and other healthcare products catering to healthcare centers, hospitals, clinics, nursing homes, and other medical facilities across India. The company's comprehensive portfolio includes essential medical supplies such as face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, surgeon caps, and more. Additionally, Amkay Products Limited is involved in branding and marketing activities for products like diapers, plastic gloves, suction machines, and others.
Key Points:
- Evolution and Expansion: Amkay Products Limited began its operations in 2008 with the manufacturing and supply of one product in a small manufacturing unit in Mumbai. Over the years, the company expanded its product portfolio and shifted to larger manufacturing units to accommodate growth. Currently, the company operates manufacturing units in the Acchad Industrial Area, Thane, where it manufactures and supplies a wide range of medical devices and disposables.
- Diverse Product Portfolio: The company's product portfolio consists of more than 30 products, including respiratory disease-related medical devices, surgical disposables, home healthcare products, and other healthcare products. With a focus on quality and innovation, Amkay Products Limited manufactures over 20 products while also engaging in branding and trading of more than 10 products.
- Market Presence: Amkay Products Limited's products are widely spread across India, with the majority of its revenue generated from domestic sales. Additionally, the company has exported a small portion of its products to countries like Bhutan, Nepal, and Qatar, further expanding its market presence.
Objects of the Issue
- Funding Capital Expenditure towards installation of additional Machinery
- To meet working capital requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Apr - 03 May 2024 |
| IPO Price Band | ₹ 52 - 55 per share |
| Fresh Issue | Upto 22,92,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 12.61 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Apr 2024 |
| IPO Closing Date | 03 May 2024 |
| Basis Of Allotment | 06 May 2024 |
| Refunds | 07 May 2024 |
| Demat Transfer | 07 May 2024 |
| IPO Listing Date | 08 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 40.72 | 36.79 | 28.25 | 23.86 |
| Total Expenses | 36.54 | 34.76 | 25.91 | 12.10 |
| Net Profit/Loss | 3.13 | 1.47 | 1.51 | 2.15 |
| NPM (*) | 7.68 | 4.02 | 5.42 | 9.47 |
| Total Assets | 13.93 | 15.81 | 15.64 | 18.88 |
| Total Liabilities | 9.20 | 9.60 | 7.92 | 9.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 4.91 | 2.31 | 2.37 | 3.38 |
| ROE (%) | 98.47 | 26.81 | 21.69 | 24.49 |
| ROCE (%) | 70.79 | 22.88 | 22.61 | 21.54 |
| D/E Ratio | 0.29 | 0.70 | 0.61 | 0.48 |
| Current Ratio | 1.32 | 1.57 | 1.96 | 1.57 |
| EBITDA MARGIN (%) | 11.25 | 7.28 | 11.20 | 11.11 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Amkay Products Limited | 28.25 | 23.21 | 2.37 | 19.57 | 12.13 |
| Hemant Surgical Industries Limited | 111.50 | 14.59 | 10.28 | 32.42 | 30.73 |
| QMS Medical Allied Services Limited | 104.78 | 26.53 | 3.90 | 9.06 | 39.44 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 173.04 |
| Non-Institutional Investor (NII/HNI) | 987.34 |
| Retail Individual Investor (RII) | 973.14 |
| Total | 748.03 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- KASHYAP PRAVIN MODY
- HEMANSHU KANT ILAL BATAVIA
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Amkay Products Limited
Bunglow No. 68, Rashmi Park, CHS Ltd., Dhumal Nagar, Waliv Road, Vasai, Thane 401208, Maharashtra, India.
Phone: +91-9152094440
Email: cs@amkayproducts.com
Website: www.amkayproducts.com
FAQs
- What is the issue size of the Amkay Products SME IPO?The Amkay Products SME IPO has an issue size of Approx ₹ 12.61 crore. This includes a fresh issue of Upto 22,92,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Amkay Products IPO?The price band for the Amkay Products IPO is ₹ 52 - 55 per share.
- What are the bidding dates for the Amkay Products IPO?The Amkay Products IPO will open for bidding on 30 Apr 2024 and close on 03 May 2024.
- What is the allotment date for the Amkay Products IPO?The allotment date for the Amkay Products IPO is 06 May 2024.
- What is the listing date for the Amkay Products IPO?The listing date for the Amkay Products IPO is 08 May 2024.
- What is the Amkay Products IPO grey market premium?The grey market premium (GMP) for the Amkay Products IPO is currently at ₹62, with an expected listing gain of approximately 112.73%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.