Tuesday , December 24 2024

Subscription details and important information

Ipo News Updates Photo Credit Bu

The IPO of Anya Polytech and Fertilizers Limited will open for investors on 26 December 2024. Interested investors can participate in this issue till December 30, 2024.

Key Features of IPO

  • Price band: ₹13 to ₹14 per share.
  • Lot Size: Minimum of 10,000 equity shares, bids can be made in multiples of 10,000 thereafter.
  • Fresh issue:
    • Fresh issue of 3,20,00,000 equity shares.
    • Net Worth: ₹44.80 Crore.
  • OFS (Offer for Sale):
    • No sales offer.

use of funds

The company will use the funds raised from the IPO for the following purposes:

  1. Capital expenditure:
    • Setting up of new project in Yara Green Energy Private Limited (Subsidiary Company).
  2. Working Capital Needs:
    • For Aravali Phosphate Limited (Subsidiary Company).
  3. General corporate objectives.

Company Introduction

Anya Polytech & Fertilizers Limited is expert in fertilizer manufacturing, bag manufacturing and providing environmental solutions.

  • flagship product:
    • Zinc Sulphate Fertilizer.
    • High Density Polyethylene (HDPE) and Polypropylene (PP) bags.
  • Production Capacity:
    • Over 750 lakh bags annually.
  • Establishment:
    • Started commercial production in January 2013.
  • revenue sources:
    • Turnover of over ₹100 crore from bags and zinc sulphate fertilizer division.
  • Rival Companies:
    • According to the Red Herring Prospectus (RHP), the main rival is Commercial Sin Bag Ltd., which has a P/E ratio of 31.98.

financial position of the company

financial year Revenue (₹ Lakh) EBITDA (₹ lakh) PAT (₹ Lakh)
2024 12,341.77 1,648.73 957.55
By June 2024 4,039.46 902.68 441.00

Information for investors

This IPO provides an opportunity for investors who want to take advantage of the potential growth in the fertilizer and packaging industries. The company’s current operational and financial performance makes it an attractive option.

Investors can check the company’s Red Herring Prospectus (RHP) and official website for more details.