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Amkay Products Limited IPO Subscriptions Status Live Today

 

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Amkay Products Limited IPO

April 30, 2024 - May 03, 2024 Closed

Amkay Products Limited IPO Details

Issue Open

30 April 2024

Issue Close

03 May 2024

IPO Price

₹52 to ₹55 per equity share

Face Value

₹10 per equity share

IPO Size

₹12.61 Cr.

Listing At

BSE, SME

IPO Lot Size

2000 Shares

IPO Investor Categories 

· Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.

· Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2.  bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

  •  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
  • Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
  • Others- A category of eligible shareholders or other investors with a reserved IPO quota.

Frequently Asked Question

Post-issue shareholding of the amkay company limited promoter is 73.44%.
Opening date of Amkay Products Limited IPO is April 30, 2024.
Pre-issue shareholding of the Amkay Products Limited IPO promoter is 99.89%.
Amkay Products (P) Ltd share price Shares will be listed at BSE SME.
You will receive on Amkay Products Limited IPO shares in your Demat account on May 06, 2024, if allotted.
You will receive on Amkay Products Limited IPO shares in your Demat account on May 06, 2024, if allotted.
Lot size of the Amkay Products Limited IPO is 2000 shares.
Amkay Products Limited IPO shares will get listed on May 08, 2024.
The IPO price of Amkay Products Limited shares will be determined by the company and its underwriters based on various factors, including market conditions, industry trends, and the company's financial performance. This price will be announced closer to the IPO date.
If you do not get the allotment of on Amkay Products Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Closing date of Amkay Products Limited IPO is May 03, 2024.
Going public through an IPO enables Amkay Products Limited to raise capital from public investors, which can be used for various purposes such as expansion, debt repayment, research and development, and working capital requirements. It also provides liquidity for existing shareholders.
Amkay Products Limited IPO share price ₹52 to 55 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
The meaning of " Amkay Products Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Amkay Products Limited IPO on the current day.
If you do not get the allotment of on Amkay Products Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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