Anya Polytech IPO opened for subscription on December 26, 2024, and closed on December 30, 2024.
It was a book-built issue of ₹44.80 crore. The issue was a fresh issue of 320.00 lakh shares. Anya Polytech IPO price band was set at ₹13 to ₹14 per share.
On Day 3 of subscription, December 30, as of 6:20 PM, Anya Polytech IPO was subscribed 439.8 times. QIBs subscribed 150.8x, NIIs subscribed 1,100.39x, and retail investors subscribed 321.53x.
The share allotment was finalised on December 31, 2024, and the shares were listed on NSE SME on January 2, 2025.
On the listing day, on the NSE, Anya Polytech share price opened at ₹17.10, up from its issue price of ₹14.00. At 10:22 AM, the share price was trading at ₹17.95, up by 4.97% from its opening price of ₹17.10. As of the same time, the stock touched its day’s high at ₹17.95. The company’s market cap was ₹215.40 crore.
Anya Polytech & Fertilizers specialises in the manufacturing of high-quality HDPE and PP bags, produced from HDPE granules, as well as Zinc Sulphate fertilizers in two main categories: Mono Hydrate and Hepta Hydrate. Additionally, the company produces Micronutrient Mixtures. Apart from manufacturing, the company is involved in the trading of Single Super Phosphate (SSP), Organic Potash, Zinc EDTA (Ethylene Diamine Tetraacetate Acid), PROM (Phosphate Rich Organic Manure), Ferus Sulphate, Magnesium Sulphate, Micronutrient Mixtures, Copper Sulphate Certified Seeds, and Cattle Feed.
The company also operates in the SSP Fertilizer segment through its subsidiary, Arawali Phosphate Limited. Furthermore, utilizing the net proceeds, the company plans to establish a 1 x 2 TPH Biofuel Pellet Plant under its subsidiary, Yara Green Energy Private Limited.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 2, 2025, 10:29 AM IST
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