January 2, 2025
New Delhi, India
Anya Polytech IPO Listing
Anya Polytech and Fertilizers Limited made an impressive entry into the stock market on Thursday, listing at a premium of 22.14% on the NSE SME platform.
- Listing Details:
- Issue Price: ₹14 per share.
- Opening Price: ₹17.1 per share.
- Upper Circuit: ₹17.95, up 5% from the listing price.
Trading Highlights
- Volume and Valuation:
- Over 90.4 lakh shares traded in early hours.
- Total traded value: ₹22.53 crore.
- Market capitalization: ₹215.4 crore.
- Price Range:
- Intraday low: ₹17.
- Intraday high: ₹17.95.
IPO Investors Reap Gains
- Lot Value:
- Each lot (10,000 shares) was valued at ₹1,71,000 post-listing.
- IPO investors earned a profit of ₹31,000 per lot, compared to the initial investment of ₹1,40,000.
IPO Overview
- Subscription Details:
- Total Subscription: Nearly 440 times.
- Retail Quota: Booked over 321 times.
- NII Quota: Oversubscribed 1,100 times.
- QIB Quota: Booked 150 times.
- Offer Details:
- IPO Size: ₹44.8 crore.
- Fresh Issue: 3.2 crore shares.
- Price Band: ₹13 to ₹14 per share.
Company Profile
Anya Polytech and Fertilizers Limited specializes in manufacturing:
- Packaging Solutions: High-quality HDPE and PP bags for bulk commodities like sugar, cement, and food grains.
- Farm Nutrients: Zinc sulphate fertilizers and micronutrient mixes used in agriculture, veterinary, and poultry industries.
Future Plans
- Expansion Goals:
- Diversify into jumbo bag production.
- Invest in plant and machinery for seamless integration of new operations.
- Fund Utilization:
- ₹64.6 crore allocated for working capital requirements.
Financial Performance
- Q1 FY25:
- Revenue: ₹40.73 crore.
- Net Profit: ₹4.53 crore.
- FY24 Results:
- Total Income: ₹125.05 crore, up from ₹116.01 crore in FY23.
- Profit After Tax (PAT): ₹9.98 crore, up from ₹5.7 crore in FY23.
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