Anya Polytech & Fertilizers IPO is a ₹44.80 crore book-built issue comprising a fresh issue of 320 lakh shares. The IPO opened for subscription today on December 26, 2024, and will close on December 30, 2024. The price band for the shares is set between ₹13 and ₹14, and the IPO will be listed on the NSE SME platform, with a tentative listing date of January 2, 2025.
Retail investors can apply for a minimum of one lot of 10,000 shares, requiring an investment of ₹1,40,000. High Net Worth Individuals (HNIs) need to invest in at least two lots (20,000 shares), amounting to ₹2,80,000. The allotment is expected to be finalized on December 31, 2024.
Beeline Capital Advisors Pvt Ltd is managing the IPO as the lead book-running manager, while Skyline Financial Services Private Ltd serves as the registrar. Spread X Securities Private Limited is the designated market maker for the issue. This IPO offers investors an opportunity to invest in a growing company entering the market.
Industry Outlook
- The Indian plastic packaging market is projected to grow from $21.12 billion in 2023 to $24.59 billion by 2028, at a CAGR of 3.09%. Flexible packaging, constituting over 60% of the market, plays a crucial role in the food and e-commerce sectors, driven by the rising need for convenience and portability.
- India’s e-commerce market is expected to grow to $200 billion by 2026, driven by increased internet penetration and smartphone usage. Online shopping trends have spurred demand for sustainable and recycled plastic packaging solutions.
Anya Polytech & Fertilizers IPO Objectives
The company will use the proceeds of the issue for the following objects:
- The funds will be used for capital expenditure and working capital requirements.
- A portion will finance a new project in Yara Green Energy Private Limited, a subsidiary, alongside its working capital needs.
- Proceeds will address working capital and capital expenditure needs in Arawali Phosphate Limited, another subsidiary.
- The remaining funds will be utilised for general corporate purposes.
About Anya Polytech & Fertilizers Limited
Anya Polytech & Fertilizers Limited, originally established as Anya Polytech Private Limited, was incorporated on September 27, 2011, under the Companies Act, 1956. The company underwent a name change to Anya Polytech and Fertilizers Private Limited in 2014 and later converted to a public limited company on September 11, 2023, adopting its current name. It holds Corporate Identification Number U01403DL2011PLC225541.
The company specialises in manufacturing high-quality HDPE and PP bags using HDPE granules and produces zinc sulphate fertilizers in Mono Hydrate and Hepta Hydrate categories. It also manufactures micronutrient mixtures and trades in a range of agricultural and industrial products, including Single Super Phosphate (SSP), organic potash, zinc EDTA, PROM, ferrous sulphate, magnesium sulphate, copper sulphate, certified seeds, and cattle feed.
Through its subsidiary, Arawali Phosphate Limited, the company is actively involved in SSP fertilizer production. Additionally, it plans to set up a 1 x 2 TPH biofuel pellet plant under its subsidiary, Yara Green Energy Private Limited, utilizing funds raised from its IPO.
Anya Polytech & Fertilizers Limited is ISO 9001:2015 certified for its quality management systems, ensuring excellence in its manufacturing processes. Its operations are guided by a commitment to high standards, meeting market demands for both fertilizers and industrial packaging products.
How To Check the Allotment Status of the Anya Polytech & Fertilizers IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for an Anya Polytech & Fertilizers IPO online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Anya Polytech & Fertilizers IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Anya Polytech & Fertilizers Limited
Registered office: S-2, Level, Upper Ground Floor, Block- E, International Trade Tower, Nehru Place, New Delhi, Delhi- 110019, India
Phone: : 01204159498
E-mail: secretarial@apfl.in
Anya Polytech & Fertilizers IPO Reservation
|
Investor Category |
Shares Offered |
|
Anchor Investor Shares Offered |
91,00,000 (28.44%) |
|
Market Maker Shares Offered |
16,00,000 (5%) |
|
QIB Shares Offered |
60,84,000 (19.01%) |
|
NII (HNI) Shares Offered |
45,68,000 (14.27%) |
|
Retail Shares Offered |
1,06,48,000 (33.28%) |
|
Total Shares Offered |
3,20,00,000 (100%) |
Anya Polytech IPO Anchor Investors Details
|
Bid Date |
December 24, 2024 |
|
Shares Offered |
91,00,000 |
|
Anchor Portion Size (In ₹crore) |
12.74 |
|
End of anchor lock-in period for 50% of shares (30 days) |
January 30, 2025 |
|
End of anchor lock-in period for the remaining shares (90 days) |
March 31, 2025 |
Anya Polytech & Fertilizers IPO Lot Size Details
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
10000 |
₹1,40,000 |
|
Retail (Max) |
1 |
10000 |
₹1,40,000 |
|
HNI (Min) |
2 |
20000 |
₹2,80,000 |
Anya Polytech & Fertilizers IPO Promoter Holding
The company's Promoters are Mr. Yashpal Singh Yadav and Anya Agro & Fertilizers Private Limited.
|
Share Holding Pre Issue |
89.19% |
|
Share Holding Post Issue |
65.40% |
Key Performance Indicators for Anya Polytech & Fertilizers IPO
As of March 31, 2024, the KPIs of Anya Polytech & Fertilizers
|
KPI |
Values |
|
ROE |
28.25% |
|
ROCE |
16.47% |
|
Debt/Equity |
1.22 |
|
RoNW |
25.73% |
|
PAT Margin |
7.76 |
|
Price to Book Value |
3.31 |
Price Metrics
|
Metric |
Pre-IPO |
Post-IPO |
|
P/E (x) |
12.35 |
9.26 |
|
EPS (₹) |
1.13 |
1.51 |
Note: The Pre-IPO EPS is derived using the pre-issue shareholding as of the RHP date and the financial year earnings ending March 31, 2024, as disclosed in the RHP. The Post-Issue EPS is calculated considering the post-issue shareholding and the annualized earnings for the quarter ending June 30, 2024, as detailed in the RHP.
Anya Polytech & Fertilizers IPO Prospectus
Anya Polytech & Fertilizers IPO Registrar and Lead Managers
Anya Polytech & Fertilizers IPO Lead Managers
Beeline Capital Advisors Pvt Limited
Registrar for Anya Polytech & Fertilizers IPO
Skyline Financial Services Private Limited
- Contact Number: 02228511022
- Email Address: ipo@skylinerta.com
Website: Anya Polytech & Fertilizers IPO Registrar
Financial Performance of Anya Polytech & Fertilizers Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 12,341.77 | 11,555.26 |
| Profit After Tax (PAT) (in ₹ lakh) | 957.55 | 471.30 |
| Return on Equity (“RoE”) (%) | 28.25 | 18.95 |
| Return on Capital Employed (“RoCE”) (%) | 16.47 | 10.69 |
| Operating Cash Flows (₹ in lakh) | 170.52 | 277.55 |
| EBITDA (in ₹ lakh) | 1,648.73 | 1,003.57 |
| Earning Per Share (EPS)-in absolute ₹ | 1.09 | 0.54 |
Know before investing
Strengths
7Experienced management with 15+ years in plastic and fertiliser industries.
Advanced infrastructure featuring imported machinery ensures cutting-edge manufacturing processes.
Extensive product portfolio includes HDPE bags, BOPP bags, and woven sacks.
Proactive marketing led by experts enhances client relations and satisfaction.
ISO 9001:2015 certification ensures high-quality, durable, and reliable products.
Customer-centric approach consistently meets and exceeds client expectations.
Ongoing diversification introduces new products like printed laminates for packaging.
Risks
7The company does not own its offices and manufacturing facility, risking operational continuity.
Heavy reliance on the top two customers contributes over 69% of revenue.
No long-term agreements with suppliers could affect raw material availability.
Termination of the KRIBHCO agreement may severely impact product distribution.
Legal and compliance delays might affect the company’s reputation and credibility.
Agricultural sector dependence makes the fertilizer business vulnerable to weather conditions.
Manufacturing facility issues in Shahjahanpur could disrupt production and financial stability.
Anya Polytech & Fertilizers Limited Peer Comparison
| Company Name | EPS (Diluted) | Profit After Tax (“PAT”) (in ₹ lakh) | RoE(%) | RoCE (%) |
|---|---|---|---|---|
| Anya Polytech & Fertilizers Limited | 1.09 | 957.55 | 28.25 | 16.47 |
| Commercial Syn Bags Limited | 1.97 | 785.82 | 6.30 | 7.47 |
