Anya Polytech & Fertilisers IPO (Initial Public Offer) totalling Rs 44.80 crore will go live on Thursday, December 26. Offering
IPO size and structure
The Rs 44.80 crore Anya Polytech IPO is a book-built offering. This is a brand-new issue of 3.2 crore shares.
Qualified institutional buyers will receive 50 per cent of the issue, retail investors will receive 35 per cent, and non-institutional investors will receive the remaining 15 per cent.
Price band and minimum bid
The IPO pricing range for Anya Polytech is Rs 13 to Rs 14 per share. An application's minimum lot size is 10,000. For retail investors, the minimum investment amount is Rs 1,40,000.
HNI requires an investment of at least two lots comprising of 20,000 shares, amounting to Rs 2,80,000.
Subscription and listing date
The subscription period for Anya Polytech's initial public offering (IPO) begins on December 26, 2024, and ends on December 30, 2024. On Tuesday, December 31, 2024, the allocation for the Anya Polytech IPO is anticipated to be finalized.
The tentative listing date for Anya Polytech's initial public offering (IPO) on the NSE SME is set for Thursday, January 2, 2025.
Book running lead manager and registrar
Skyline Financial Services Private Ltd is the issue's registrar, and Beeline Capital Advisors Pvt Ltd is the book running lead manager for the Anya Polytech IPO. Spread X Securities Private Limited is the market maker for the Anya Polytech IPO.
Financials of the company
During the fiscal year that ended on March 31, 2024, Anya Polytech & Fertilizers Limited saw a 75 per cent increase in profit after tax (PAT) and an 8 per cent increase in revenue.
About Company
Zinc sulphate fertilizers in two main categories—heptahydrate and monohydrate—as well as premium HDPE and PP bags are produced by Anya Polytech & Fertilizers. It also creates mixtures of micronutrients.