Amkay Products IPO Details Today, GMP Price, Date, Review

Amkay Products IPO Details Today: Amkay Products IPO is Open on 30 April 2024 and Close on 3 may 2024. Mandeep Auto Industries IPO to Raise 2,292,000 shares(Approx ₹12.61 Cr) via IPO. The Fresh Issue of 2,292,000 shares(Approx ₹12.61 Cr).

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. widely spread across India. In addition, we are also engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.

Our company started its operations in year 2008 with manufacturing and supply of one product in a manufacturing unit taken on rent at Vasai in Mumbai, measuring 980 sq. feet. Gradually, more products were added to our portfolio & for further product expansion, over the period, we shifted to bigger manufacturing units from where we entered into branding & trading segment also along with manufacturing.

Later in year 2012, we purchased manufacturing unit at Acchad Industrial Area, Thane, measuring around 20,000 square feet, where currently we are manufacturing & supplying products like Face Mask, Alcohol Swab, Nebulizer Mask, Surgeon/Bouffant Cap, Steel/Plastic Lancet, Air Bed, Apron, Digital Thermometer, Shoe Cover, BP Monitor etc. In 2014, we took one warehouse on rent at Acchad Industrial Area, for storage of our finished Goods and then in 2016, we purchased another manufacturing unit at Acchad Industrial Area, Thane, measuring around 6000 square feet, where currently we are manufacturing & supplying Bio Bags.

Amkay Products IPO Date & Price Band Details

Amkay Products IPO Market Lot Details

 Object Of the Issue

1. Funding Capital Expenditure towards installation of additional Machinery.
2. To meet working capital requirements.
3. General Corporate Purpose.

Amkay Products IPO Allotment & Listing Date (Details)

Amkay Products Financial Reports

Qualitative Factors

1. Strong portfolio and diverse range of products across consumer preferences.
2. Extensive network of dealers covering major parts of India.
3. Quality Assurance ensuring standardized product quality.
4. Diversified revenue from multiple geographies.
5. Experienced Promoter with senior management team having successful track record & industry knowledge.

Amkay Products Comparison Listed Industry Peers Group

Our Company Promoters-

1. Kashyap Pravin Mody
2. Hemanshu Kantilal Batavia

Comparison of Accounting ratios with Industry peers

• Amkay Products Limited
• Hemant Surgical Industries Limited
• QMS Medical Allied Services Limited

Amkay Products Company Contact Details

Bunglow No. 68, Rashmi Park, CHS Ltd.,
Dhumal Nagar, Waliv Road, Vasai, Thane 401208,
Maharashtra, India.
Tel. No.: +91-9152094440
Email: cs@amkayproducts.com
Website: www.amkayproducts.com

Amkay Products IPO Registrar

Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai –
400093, India.
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Vinayak Morbale