Amkay Products IPO: Investors will still have the opportunity to bet on the MK Products IPO. The company’s IPO received excellent response on the first day itself. Even in the gray market, this IPO has performed brilliantly. Let us tell you that the price band of MK Products IPO has been fixed at 52 to 55 rupees per share. Tell us about this IPO in details –
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What is the lot size?
MK Products’ IPO opens on 30 April 2024. The company will have an opportunity to bid on this IPO till May 3. The company has created 2000 shares for the IPO. Due to which investors have to bet at least 1,10,000 rupees.
MK Products IPO size Rs. 12.61 crores. The company will issue 22.92 lakh new shares through IPO. Let us tell you that the listing of the company will take place in BSE SME on 8 May 2024.
Company performs well in gray market (Amkay Products IPO GMP Today)
According to the Investors Gain report, the company’s performance in the gray market is excellent. The company in the gray market today i.e. Thursday Rs. Available at a premium of 45. If the status quo continues till the listing, the company will be listed on BSE at Rs. 100 can be listed. In such a situation, investors can get a profit of 81.82 percent on the first day itself.
100% subscribe on day one
MK Products IPO received 35.18 times subscription on the first day itself. The IPO on April 30 was subscribed 54.14 times in the retail category. At the same time, 0.06 times subscription was received in the category of qualified institutional buyers. In the category of non-institutional investors, 37.60 times subscription was received.