Amkay Products IPO Opens With A Stellar 90% Premium, Lists At ₹104.5 On BSE SME platform

Amkay Products debuted on the BSE SME with a 90% premium, opening at Rs 104.5 against an issue price of Rs 55, showing strong investor confidence and a promising start.
Amkay Products IPO Opens With A Stellar 90% Premium, Lists At ₹104.5 On BSE SME platform

Amkay Products had an impressive market debut on the BSE SME, opening at Rs 104.5, a 90% increase over the initial issue price of Rs 55. This strong start indicates significant investor confidence in the company’s potential.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

The public offering of Rs 12.61 crore, involving 22.92 lakh shares, was overwhelmingly subscribed 748 times due to strong investor demand. Non-institutional investors subscribed 987.34 times their quota, while retail investors subscribed 973 times their reserved portion, showing significant market enthusiasm.

Founded in 2008 in Mumbai, Amkay Products Limited has grown from a single product to a diverse portfolio of over 30 medical devices and healthcare products, including surgical disposables and home healthcare items. Their ISO 9001:2015 accredited 26,000 sq. ft. facility supports robust manufacturing and testing, reflecting their expansion through strategic acquisitions and continuous growth in the medical industry.

Amkay Products Limited aims to invest INR 50.20 lakhs in capital expenditures for new machinery and INR 800.00 lakhs in working capital to enhance capacity and operational efficiency, with the remaining funds allocated for general corporate purposes.

Read More News
Aimtron Electronics IPO पहले दिन 2.16 गुना सब्सक्राइब, अलॉटमेंट और जानकारी चेक करें!

Aimtron Electronics IPO: पहले दिन 2.16 गुना सब्सक्राइब, अलॉटमेंट और जानकारी चेक करें!

Aimtron Electronics IPO में पहले दिन मजबूत रुचि देखी गई, जो 2.11 गुना सब्सक्राइब हुई, जिससे कंपनी की वित्तीय संभावनाओं और विकास पथ में बाजार का विश्वास प्रदर्शित होता है।

Ztech India IPO दूसरे दिन मजबूती से आगे बढ़ा इश्यू, अब तक 48.90 गुना सब्सक्रिप्शन!

Ztech India IPO : दूसरे दिन मजबूती से आगे बढ़ा इश्यू, अब तक 48.90 गुना सब्सक्रिप्शन!

Ztech India IPO को दूसरे दिन पर्याप्त रुचि मिली, 48.90 गुना अभिदान मिला, जो वित्तीय क्षेत्र में कंपनी के भविष्य के प्रति बाजार में मजबूत विश्वास और निवेशकों के उत्साह को दर्शाता है।