Registered Office:
No.68 Rashmi Park CHS Ltd,Dhumal Nagar Waliv Road Vasai,
Thane - 401208,
Maharashtra, India.
Phone : +91-91520 94440
Fax : NA
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.
Opens On
Closes On
Application
Allotment
30-Apr-24
03-May-24
55.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
11.09
Hem Securities Ltd
Project Financed through Current Offer
12.61
Post Issue Equity Share Capital
8.66
Funding capital expenditure towards installation of additional machinery
To meet working capital requirements
General corporate purposes