IPO Watch | Cheap IPO of ₹ 13 will open for investment, instant multibagger returns, do not miss the opportunity – IPO GMP
IPO Watch | Anya Polytech and Fertilizers Limited IPO will open for subscription from December 26 to December 30. Anya Polytech and Fertilizers Company will raise Rs 44.80 crore through this IPO. The company's shares will be listed on the NSE SME platform. Know more about this IPO.
Anya Polytech & Fertilizers IPO Size
Anya Polytech and Fertilizers Limited will raise Rs 44.80 crore by issuing 320 lakh new shares through IPO. Yashpal Singh Yadav is the promoter of Anya Polytech and Fertilizers Limited.
Anya Polytech & Fertilizers IPO Price Band
Anya Polytech and Fertilizers Limited Company has fixed the price band of Rs 13-14 per share for the IPO. Retail investors will get 10,000 shares in one lot of the IPO. This means that retail investors will have to invest at least Rs 1,40,000 for this IPO.
Anya Polytech & Fertilizers IPO GMP
According to information received from unlisted market sources, the GMP of Anya Polytech and Fertilizers IPO share is Rs 3, which is 21.4 percent more than the IPO price band. Even before the IPO opens for investment, there is a rise in shares in the unlisted market.
About Anya Polytech & Fertilizers Limited Company
Anya Polytech & Fertilizers Limited is a company engaged in the business of manufacturing fertilizers and bags. The company also provides services related to environmental solutions. Anya Polytech & Fertilizers Company also manufactures high density polyethylene and polypropylene bags and zinc sulphate fertilizers. Anya Polytech & Fertilizers Company is operating at full capacity and clocking a turnover of over Rs 100 crore from its bags and fertilizers (Zinc Sulphate Division).
Financial Performance of Anya Polytech and Fertilizers Limited
Anya Polytech & Fertilizers Limited Company reported 8% growth in revenue and 75% growth in profit after tax for the financial year March 31, 2024 to March 31, 2023. Anya Polytech and Fertilizer Company had revenue of ₹125.05 crore and profit after tax of ₹9.97 crore in FY24. Anya Polytech & Fertilizers Company had revenue of Rs 40.73 crore and profit after tax of Rs 4.53 crore for the period ended June 30, 2019.
How will the company use the funds
The proceeds from the IPO will be utilized to meet the capital expenditure and working capital requirements of Anya Polytech & Fertilizers Limited Company, to set up new projects for its subsidiary, Yara Green Energy Private Limited, and to meet the working capital and capital expenditure requirements of its subsidiary Aravali Phosphates Limited. To carry out and carry out general corporate objectives.
IPO Structure
Anya Polytech and Fertilizers Limited will reserve 50 percent stake in the company IPO for QIB investors, 35 percent for retail investors and 15 percent for non-institutional investors.
Important dates related to IPO
The IPO of Anya Polytech and Fertilizers Limited will open for investment on December 26 and December 30 will be the last day of investment. The share allotment is likely to take place on January 1. The company's shares will be listed on the stock exchange on January 2.
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