Anya Polytech and Fertilizers Limited IPO: Know details

Anya Polytech and Fertilizers Limited’s SME IPO is being launched in December.

• IPO Open Date: 26 December 2024.
• IPO close date: 30 December 2024.
• Price Band: ₹13 to ₹14 per share.

IPO size and quota

• Issue Size: ₹44.80 crore.
• Book Built Issue:
  • Retail Quota: 35%.
  • Qualified Institutional Buyers (QIB): 50%.
  • Non-Institutional Investors (NII): 15%.
• Book-Running Lead Manager: Beeline Capital Advisors Pvt. Ltd.
• Registrar: SKYLINE FINANCIAL SERVICES PVT LTD.
• Listing Platform: NSE.
• Listing Date: 2 January 2025.

use of funds

The funds raised through the IPO will be used for the following purposes:

1. Aravali Phosphate Limited:
   • Support of capital expenditure and working capital requirements.
2. Yara Green Energy Private Limited:
   • To meet capital expenditure and working capital needs for setting up new projects.
3. For general corporate purposes.

Company’s expansion plan

The company is planning to grow and expand its subsidiaries through IPO.

• Its objective is to strengthen the financial position of the company and give impetus to new projects.
• The subsidiaries’ projects involve implementing the latest technology and energy solutions.

Special for investors

• This SME IPO is special for those investors who want to invest in emerging companies.
• The low price band makes it attractive for retail investors as well.
• After listing on January 2, 2025, its performance in the stock market will be worth watching.