Anya Polytech IPO subscribed overall 439.8 times on the last day, a retail quota was subscribed over 321.53 times, QIB was subscribed over 150.08 times, and NII was subscribed over 1,100.39 times respectively.
Details About Anya Polytech IPO
Anya Polytech got approval from SEBI for an IPO of ₹44.80 crores via IPO which is a combination of a fresh issue of ₹44.80 crores and offer for sale up to [.] equity shares with a face value of ₹2 each. Moreover, the company has set up a price band between ₹85 to ₹90 per share.
In this IPO 10,000 shares were in 1 lot size for retail minimum and maximum category. Moreover, 20,000 shares were in 2 lot sizes for the S-HNI category.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,40,000.
- SHNI (S-HNI): Minimum investment of ₹2,80,000.
Anya Polytech IPO’s Subscription duration
This IPO’s subscription started on December 26, 2024, and closed on December 30, 2024. The Anya Polytech IPO’s allotment date was December 31, 2024, and they received a refund on January 1, 2025. The listing of this IPO is on January 2, 2025.
Funds Deployment of This IPO
- To meet Capital Expenditure & Working Capital requirement
- Establishing a new project at Yara Green Energy Private Limited, a subsidiary company, along with the necessary working capital requirements.
- To meet Working Capital & Capital Expenditure in Arawali Phosphate Limited, a subsidiary Company
- General corporate purposes
About Anya Polytech Company
Founded in 2011, Anaya Polytech Fertilizers Limited developed a business producing high-quality materials like zinc sulfate, HDPE (High-Density Polyethylene), and PP (Polypropylene). MonoHydrate and Hepta Hydrate are the sources of this. Moreover, it started its commercial production in January 2013 and it also has an impressive capacity of over 750 bags annually. Nowadays this company obtains a 100 crore revenue portion from its bags and fertilizers and is running at full capacity. They sell a wide range of products by adding new items that meet market needs, which are important and current trends. Financially, Anya Polytech & Fertilizers Limited’s revenue grew by 8%, and its profit after tax (PAT) surged by 75% from the financial year ending March 31, 2023, to March 31, 2024.
Anya Polytech Company’s Financial Background
The company achieved a revenue of ₹125.06 crores in 2024, compared to ₹116.02 crores in 2023. Additionally, the company reported a profit of ₹9.98 crores in 2024, up from ₹5.70 crores in 2023.
