Anya Polytech IPO 2024: Key Dates, Issue Size, and Investment Details

byPriyanka JuyalLast Updated: December 23, 2024
PPF vs mutual funds
Synopsis: 
  • IPO Subscription Dates: December 26 to December 30, 2024
  • Issue Size: ₹44.80 crore
  • Price Band: ₹13 to ₹14 per share
  • Lot Size: 10,000 shares for retail investors
  • Listing Date: January 2, 2025 on NSE SME
  • Company Overview: Strong presence in HDPE/PP bags and Zinc Sulphate fertilizers

Anya Polytech IPO is set to open for public subscription on December 26, 2024, and will close on December 30, 2024. This book-built issue aims to raise ₹44.80 crores through a fresh issue of 3.2 crore shares. The price band is set between ₹13 and ₹14 per share, with a minimum investment requirement of ₹1,40,000 for retail investors (10,000 shares) and ₹2,80,000 for High Net-worth Individuals (HNIs) (20,000 shares).

The IPO is scheduled to list on NSE SME on January 2, 2025. Beeline Capital Advisors Pvt. Ltd. is acting as the Book Running Lead Manager (BRLM), and Skyline Financial Services Pvt. Ltd. is the registrar. Spread X Securities Private Limited is the market maker for the issue.

Anya Polytech IPO Details

Anya Polytech IPO Timeline (Tentative)

Anya Polytech IPO Subscription Details and Investment Requirements

The minimum lot size for retail investors is 10,000 shares, amounting to ₹1,40,000. High Net-worth Individuals (HNIs) can apply for a minimum of 2 lots (20,000 shares), which will require an investment of ₹2,80,000.

The shares will be allocated as follows:

  • Qualified Institutional Buyers (QIBs): Not more than 50% of the total issue.
  • Retail Investors: Not less than 35% of the total issue.
  • Non-Institutional Investors (HNIs): Not more than 15% of the total issue.

Tentative IPO Timeline

About Anya Polytech & Fertilizers Limited

Incorporated in 2011, Anya Polytech & Fertilizers Ltd. specializes in manufacturing High-Density Polyethylene (HDPE) & Polypropylene (PP) bags and Zinc Sulphate fertilizers. The company has a production capacity of over 750 lakh bags annually and boasts annual revenues exceeding ₹100 crore. It also provides environmental solutions and has been operating at full capacity since starting commercial production in January 2013.

Key Products:

  1. HDPE Bags: Widely used for packaging commodities like food grains, cement, and fertilizers.
  2. PP Bags: Used for fertilizers, seeds, food grains, and more.
  3. Zinc Sulphate Fertilizers: Vital for enhancing crop yield and preventing zinc deficiency in plants.

Get priority access to the latest updates, tips, and special announcements. Join our WhatsApp channel to always stay ahead.

Competitive Strengths

  • Advanced technology for production and packaging.
  • A wide range of products to cater to diverse industries.
  • Strong marketing network focused on customer needs.
  • High-quality products that maintain a strong market position.

Financial Performance

Anya Polytech has shown consistent growth in revenue and profitability.

Objectives of the Issue

The funds raised will be utilized for:

  • General Corporate Purposes: Miscellaneous corporate requirements.
  • Capital Expenditure and Working Capital: To meet the company’s operational requirements.
  • New Project Setup: Expansion through a project in Yara Green Energy Pvt. Ltd., a subsidiary.
  • Working Capital and Capital Expenditure: Investment in Arawali Phosphate Ltd., another subsidiary.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.

Create Your Wealth with Paytm Money

Invest in mutual funds, stock market, IPOs, and pension funds.

You May Also Like