Anya Polytech & Fertilizers Limited, which has been catering to the needs of farmers and industries since 2011, launched its IPO on December 26, 2024. The company not only manufactures zinc sulfate fertilizers, which help improve crop yield and quality but also produces durable and cost-effective HDPE and PP bags. With a turnover of over ₹100 crore and high-quality products, Anya Polytech & Fertilizers IPO has generated significant interest from investors.
In this article, we will cover the Anya Polytech IPO GMP today, along with its subscription status and other key details about the company.
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Table of Contents
Anya Polytech IPO Details
The Anya Polytech IPO is a book-built issue worth ₹44.80 crore and is entirely a fresh issue. Below are the important details of this IPO:
IPO Name | Anya Polytech & Fertilizers Limited |
IPO Open Date | 26 December 2024 |
IPO Close Date | 30 December 2024 |
Price Band | ₹13 to ₹14 per share |
Lot Size | 10,000 shares |
Total-Issue Size | 3,20,00,000 shares (aggregating up to ₹44.80 Cr) |
Fresh Issue | 3,20,00,000 shares (aggregating up to ₹ 44.80 Cr) |
Share Allotment Date | 31 December 2024 |
Initiation of Refund | 1 January 2025 |
Credit of Shares to Demat | 1 January 2025 |
Listing Date | 2 January 2025 |
UPI Cut Off Time | 30 December 2024 – 5 P.M. |
Listing Exchange Name | NSE SME |
Anya Polytech IPO GMP Today
Anya Polytech & Fertilizers IPO GMP indicates strong demand for its shares in the grey market. As of December 29, 2024, the latest GMP of the company’s shares stands at ₹3, which is approximately 21% higher than the issue price, indicating an estimated listing price of ₹17.
Check IPO Live GMP: View now for Real-Time Updates
Anya Polytech IPO Anchor Investors Details
On December 24, 2024, Anya Polytech secured ₹12.74 crore from anchor investors. Here are some additional details:
Bid Date | December 24, 2024 |
Shares Offered | 91,00,000 |
Anchor Portion Size (In Cr.) | 12.74 |
Anchor lock-in period end date for 50% shares (30 Days) | January 30, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | March 31, 2025 |
Anya Polytech IPO Subscription Status
As of December 29, 2024, the subscription status for Anya Polytech IPO is:
Total Subscription: 16.57 times
- Non-Institutional Investors (NII): 10.16 times
- Retail Investors: 28.79 times
About Anya Polytech & Fertilizers Limited
Founded in 2011, Anya Polytech & Fertilizers Limited specializes in the production of fertilizers and bags, while also offering environmental solutions. The company manufactures high-quality High-Density Polyethylene (HDPE), Polypropylene (PP) bags and Zinc sulphate fertilizers which are available in two variants: mono hydrate and hepta hydrate, and micronutrient mixtures.
The company began commercial production in January 2013. Today, with an impressive capacity of over 750 lakh bags per year, the company operates at full capacity, generating a turnover exceeding ₹100 crores from its bags and fertilizers (Zinc Sulphate Division).
Products:
- HDPE (High-Density Polyethylene) Bags: HDPE (High Density Polyethylene) is used by people in India for the bulk packaging of commodities such as food grains, sugar, urea, cement and more. These bags are a cost-effective and performance-oriented alternative to traditional jute bags, offering superior properties for storage, transportation and distribution.
- PP (Polypropylene) Bags: The company manufactures PP (Polypropylene) woven fabric and a variety of bags used for packaging fertilizers, food grains, seeds, cement and more. PP woven fabric is utilized to produce sacks, tarpaulins, ground cover fabric, FIBC, big bags and other packaging solutions.
- Fertilizers (Zinc Sulphate): The company produces Zinc Sulphate fertilizers, essential for preventing zinc deficiency in plants, supporting growth, protein synthesis, auxin production and improving crop yield, quality and overall plant health.
Anya Polytech also trades in agricultural and nutritional products, including single superphosphate (SSP), organic potash, zinc EDTA, phosphate-rich organic manure (PROM), ferrous sulphate, magnesium sulphate, micronutrient mixture, copper sulfate, certified seeds and cattle feed. The company also produces single super phosphate (SSP) fertilizers through its subsidiary, Arawali Phosphate Limited.
The company produces and supplies Zinc Sulphate Monohydrate, widely used in the veterinary and poultry industries for various formulations. It is tested for quality and purity, establishing a strong market presence. As of January 31, 2024, the company has 126 Employees.
Anya Polytech IPO Objectives (Objects of the Issue)
The company intends to utilize the proceeds towards the following objects:
- To meet capital expenditure & working capital requirements in Anya Polytech & Fertilizers Limited.
- Setting up a new project in Yara Green Energy Private Limited, a subsidiary company, along with working capital requirements.
- To meet working capital & capital expenditure in Arawali Phosphate Limited, a subsidiary company.
- General corporate purposes.
Opinion
Given the company’s strong growth, increasing profits, good returns and reasonable IPO price, it can be subscribed for the long term. Although the debt level is slightly high, it is still under control. Therefore, investors are advised to consult their financial advisors and make decisions based on their risk tolerance.
Conclusion
If you’re looking to invest in a growing company in the packaging and fertilizer sector, this IPO is worth applying for. It offers an opportunity to invest in a strong business at a fair price. This opinion is based on the company’s financial position, growth prospects and associated risks. If you need further information, please feel free to ask!
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Additional Details
Anya Polytech IPO Allotment Status: Check Now
Anya Polytech & Fertilizers Limited Contact Details
Address: S-2, Level, Upper Ground Floor, Block- E, International Trade, Nehru Place, New Delhi – 110019
Phone: 01204159498
Email: [email protected]
Website: https://www.apfl.in/
Anya Polytech IPO Registrar Details
Registrar: Skyline Financial Services Private Limited
Address: D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi – 110020
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Disclaimer: We are not a SEBI-registered research analyst. This article is written solely for educational purposes and should not be interpreted as investment advice or recommendations. The stock market involves significant risks, so we encourage you to seek guidance from a financial advisor before making any investment decisions.