What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Amkay Products Limited IPO?

Amkay Products Limited IPO has received a total subscription of 748.11 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Amkay Products Limited

ListedSME

Healthcare / Medical Supplies · BSE

Founded in October 2007, Amkay Products Limited is a well-known name in India’s healthcare industry, manufacturing and supplying a wide range of medical products. Their offerings include medical devices like nebulizers and pulse oximeters, as well as disposable essentials such as face masks and alcohol swabs. Amkay’s 26,000 sq. ft. manufacturing facility in Thane, Maharashtra, is equipped with advanced machinery, a modern testing lab, and efficient handling equipment, ensuring smooth and high-quality production. The company’s strong focus on quality has earned it ISO 9001:2015 certification from QRO Certification LLP. As of December 31, 2023, Amkay employs 75 dedicated professionals, reflecting its commitment to building a skilled workforce. Despite the ever-changing healthcare landscape, the company remains focused on innovation, quality, and customer satisfaction, playing a key role in meeting healthcare needs across India.

Price Band

₹52 – ₹55

Issue Size

₹12.61 Cr

Lot Size

2000 shares

GMP

₹62

+112.7%

Est. Listing

₹117

at current GMP

Subscribed

748.11x

overall

Open

30 Apr 2024

3 May 2024

Allotment

6 May 2024

Refund

7 May 2024

Demat Credit

8 May 2024

Listing

8 May 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

748.11x

Total Demand

QIB Multiplier

173.04x

Institutions & Funds

NII / HNI

987.71x

High Net-Worth

Retail (RII)

973.14x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 748.11x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	434,000	75,098,000	173.04x
NIB	326,000	321,994,000	987.71x
RETAIL	762,000	741,530,000	973.14x
Total	1,522,000	1,138,622,000	748.11x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 973.67x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	401	390,229	973.14x
HNIs (10L +)	3	2,963	987.71x
HNIs (2-10L)	12	11,853	987.71x
Total Applications	416	405,045	973.67x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Amkay Products Limited Public Issue & Market Profile

Amkay Products Limited is bringing an initial public offering (IPO) in the Healthcare / Medical Supplies sector with an aggregate issue size of ₹12.61 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-05-03, the basis of allotment is scheduled to be finalized on 2024-05-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Amkay Products Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Amkay Products Limited IPO is ₹62 per equity share. Based on the upper price band of ₹52 to ₹55 per equity share, the estimated listing price is ₹117 (+112.7% expected listing gain).

What is the expected profit per lot for Amkay Products Limited IPO?

With a lot size of 2000 shares and current GMP of ₹62, the expected profit per application lot is approx ₹1,24,000 (+112.7% gain). Minimum application cost is approx ₹1,10,000.

What is the issue size and price band for Amkay Products Limited IPO?

The Amkay Products Limited IPO aggregate issue size is ₹12.61 Crores with an equity price band set at ₹52 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.

How can I check Amkay Products Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 748.11x (Retail: 973.14x, QIB: 173.04x, NII: 987.71x). You can track live multiples directly on our dedicated subscription page.

Where and when will Amkay Products Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-06. Investors can verify status using PAN card or application number.

When is the listing date for Amkay Products Limited IPO?

Amkay Products Limited shares are scheduled to list on BSE on 2024-05-08.