The Anya Polytech IPO will open for subscription from December 26, 2024, to December 30, 2024. The IPO is a Book Built Issue with a face value of ₹2 per share, priced in the range of ₹13 to ₹14 per share. Investors can apply in a lot size of 10,000 shares, with a total issue size of 3.2 crore shares, aggregating up to ₹44.80 crore. The entire issue is a fresh issue, and the IPO will be listed on the NSE SME platform.
Key dates for the IPO include the basis of allotment announcement on December 31, 2024, the initiation of refunds and credit of shares to demat accounts on January 1, 2025, and the listing date on January 2, 2025. Investors must confirm their UPI mandates by 5 PM on December 30, 2024.
Retail investors can apply for a minimum of one lot (10,000 shares) worth ₹1,40,000, while High Net Worth Individuals (HNI) must apply for at least two lots (20,000 shares) worth ₹2,80,000. The allocation of shares will ensure that not more than 50% is reserved for Qualified Institutional Buyers (QIBs), not less than 35% for retail investors, and not more than 15% for Non-Institutional Investors (NIIs).
Established in 2011, Anya Polytech & Fertilizers Limited specializes in manufacturing fertilizers and HDPE (High-Density Polyethylene) & PP (Polypropylene) bags while also offering environmental solutions. The company began commercial production in January 2013 and currently operates at full capacity, producing over 750 lakh bags annually and generating a turnover of over ₹100 crores.
Anya Polytech's product range includes HDPE bags, commonly used for bulk packaging of commodities like food grains, sugar, urea, and cement. These bags are a cost-effective and durable alternative to traditional jute bags, ensuring safe storage and transport. The company also produces PP woven bags and fabric for fertilizers, seeds, tarpaulins, and large packaging solutions like FIBCs. In addition, the company manufactures Zinc Sulphate fertilizers, which enhance plant health, improve crop yield, and prevent zinc deficiencies in plants. Their Zinc Sulphate Monohydrate is also widely used in the veterinary and poultry industries.
With a workforce of 126 employees as of January 2024, Anya Polytech stands out for its focus on technology upgrades, a diverse product range, a skilled marketing team, and a commitment to quality and customer satisfaction.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.