Amkay Products IPO allotment to be finalised today; Latest GMP, steps to check allotment status

The ₹12.61 crore worthy Amkay Products IPO commenced connected April 30 and concluded connected May 3. Amkay Products IPO allotment day is today, May 6, and the institution is expected to finalise the ground of allotment today.

Investors who person bid for the IPO tin bash Amkay Products IPO allotment presumption cheque online to cognize if and however galore shares person been allotted to them.

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The institution volition initiate refunds connected May 7 to those whose exertion bids person been rejected and person not received immoderate allotment. Amkay Products equity shares volition beryllium credited to the demat accounts of eligible investors connected the aforesaid day.

Investors tin cheque Amkay Products IPO allotment presumption online done the IPO registrar’s website. Amkay Products IPO registrar is Bigshare Services Pvt Ltd.

To cheque the Amkay Products IPO allotment presumption online, investors request to travel 5 elemental steps mentioned below.

Steps to cheque Amkay Products IPO Allotment presumption online

1] Visit IPO Registrar’s website connected this nexus - https://ipo.bigshareonline.com/ipo_status.html

2] Select ‘Amkay Products Limited’ successful the ‘Company Selection’ dropdown menu

3] Choose among - Application no, Beneficiary Id oregon PAN 

4] Enter the details arsenic per the enactment selected

5] Enter the Captcha and deed the ‘Search’ option

Your Amkay Products IPO allotment presumption volition beryllium displayed connected the screen.

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Amkay Products IPO GMP Today

Amkay Products IPO GMP today, oregon grey marketplace premium today, is ₹60 per share, according to banal marketplace observers. This means that the equity shares of Amkay Products are trading higher by ₹60 than their contented terms of ₹55 apiece, successful the grey market.

Considering the IPO terms and the Amkay Products IPO GMP today, the Amkay Products IPO stock listing is estimated to beryllium astatine ₹115 per share, a premium of astir 110% to the contented price.

Amkay Products IPO Subscription Status

Amkay Products IPO received beardown subscription arsenic the contented was booked 748.03 times successful total. The IPO received bids for 113.85 crore equity shares arsenic against 15.22 lakh shares offered.

The IPO was subscribed 973.14 times successful the retail category, 173.04 times successful Qualified Institutional Buyers (QIB) category, and 987.34 times successful the Non-Institutional Investors (NII) category.

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About Amkay Products IPO 

The bidding for Amkay Products IPO began connected April 30 and closed connected May 3. Amkay Products IPO allotment day is apt May 6 and the listing day is May 8. Amkay Products shares volition beryllium listed connected BSE SME.

Amkay Products IPO size is ₹12.61 crore which was wholly a caller contented of 22.92 lakh equity shares. Amkay Products IPO terms set was acceptable astatine ₹52 to ₹55 per share.

Hem Securities Limited is the publication moving pb manager of the Amkay Products IPO, portion Bigshare Services Pvt Ltd is the IPO registrar.

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Published: 06 May 2024, 02:40 PM IST