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Amkay Products Ltd manufactures, assembles & markets 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, the company is also engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| 22.92 L | TBA | 7.62 L | 38.31 L | BSE | ₹ 12.61 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Apr, 24 | 03 May, 24 | 2000 | ₹ 1,04,000 | Book Building - SME | 08 May, 24 |
Details
| Sector | Type |
|---|---|
| Sector | Healthcare |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times |
|---|---|
| QIB | 173.04x |
| NII | 721.96x |
| Retail | 973.14x |
| Employee | 0x |
| Total | 693.44x |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 3.05 | 2.57 | 4.35 |
| EBITDA | 3.76 | 3.11 | 4.86 |
| PAT | 1.53 | 1.47 | 2.88 |
| Total Assets | 8.49 | 8.63 | 6.76 |
| Share Capital | 0.28 | 0.28 | 0.28 |
| Total Borrowings | 3.27 | 2.83 | 1.06 |
| Operating Activities (Net Cash) | 2.24 | 2.01 | 3.39 |
| Investing Activities (Net Cash) | 3.62 | 2.79 | 0.40 |
| Financing Activities (Net Cash) | 3.27 | 2.83 | 1.06 |
| Net Cashflow | 0.05 | 0.20 | 0.03 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
Amkay Products Limited was originally incorporated as Amkay Products Private Limited on October 25, 2007 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai with CIN U51397MH2007PTC175403. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on August 02, 2023, the Company was converted into a Public Limited Company and consequently the name of the Company was changed from Amkay Products Private Limited to Amkay Products Limited vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated August 28, 2023, issued by the Registrar of Companies, Maharashtra, Mumbai bearing CIN U51397MH2007PLC175403.
The medical devices sector in India comprises large multinationals, small and midsized companies. The size of the Indian medical devices market is estimated at Rs. 90,000 Crore (US$ 11 billion) in 2022 and is expected to grow to US$ 50 billion by 2030 with a CAGR of 16.4%. The Indian medical device market share in the global market is estimated to be 1.65%. India is the 4th largest Asian medical devices market after Japan, China, and South Korea, and among the top 20 medical devices markets globally.
Peer Comparison:
Strengths
Risk
Strategy
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
From the list of open IPOs, select the IPO you want to invest.
Go through the IPO details like lot size, price band, about the company, etc.
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
