Anya Polytech & Fertilizers IPO opens Dec 26: Check price band, lot size, objectives and key dates

Anya Polytech & Fertilizers IPO: The NSE SME initial public offering (IPO) of Anya Polytech & Fertilizers will open for subscription on Thursday, December 26. The issue, which will conclude on Monday, December 30, has set a price band of ₹13 to ₹14 per share.

The ₹44.80 crore initial share sale is exclusively a fresh issue of 3.20 crore equity shares with no offer for sale component.

The money raised will be utilised for capital expenditure and working capital requirements of the company and its subsidiaries. It will also be used for general corporate purposes.

Anya Polytech IPO lot size

The minimum lot size for a retail investor is 10,000 shares, which requires an investment of ₹1,40,000. For high-net-worth individuals, the minimum investment is two lots worth ₹2,80,000.

Half of the issue has been reserved for qualified institutional buyers, 35% for retail investors and the remaining 15% for non-institutional investors.

Anya Polytech & Fertilizers IPO allotment and listing date

Anya Polytech IPO allotment status is likely to be finalised on Tuesday, December 31. Shares of Anya Polytech are expected to be listed on the NSE SME platform Emerge on Thursday, January 2, 2025.

Notably, Anya Polytech & Fertilizers will be the first SME IPO to get listed in 2025.

About Anya Polytech & Fertilizers

Anya Polytech & Fertilizers manufactures high-quality HDPE and PP bags and zinc sulphate fertilisers in primarily two categories—heptahydrate and monohydrate. It also produces micronutrient mixtures.

The company is also engaged in trading of organic potash, single super phosphate (SSP), zinc EDTA (Ethylene diamine tetraacetate acid), Ferus Sulphate, PROM (Phosphate rich organic manure), copper sulphate certified seeds, magnesium sulphate and cattle feed.

Yashpal Singh Yadav and Anya Agro & Fertilizers Pvt Ltd are the company's promoters who presently hold 89.19% stake, which will be reduced to 65.40% post-IPO.