Anya Polytech IPO Review: Anya Polytech & Fertilizers Ltd. has opened its Initial Public Offering (IPO) for subscription, and it has created a buzz among investors. This article provides a detailed review of the IPO, combining insights from multiple sources to help you make an informed decision. Let’s dive into the key details, financials, subscription status, and listing expectations for this IPO.
IPO Key Details
| Details | Information |
|---|---|
| IPO Opening Date | December 26, 2024 |
| IPO Closing Date | December 30, 2024 |
| Allotment Date | December 31, 2024 |
| Refund Initiation | January 1, 2025 |
| Demat Credit | January 1, 2025 |
| Listing Date | January 2, 2025 |
| Total Issue Size | ₹44.80 crores |
| Fresh Issue | 3.20 crore shares |
| Price Band | ₹13 to ₹14 per share |
| Minimum Lot Size | 10,000 shares per lot |
About Anya Polytech & Fertilizers Ltd.
Anya Polytech & Fertilizers Ltd. is a renowned company in the fertilizer and polymer manufacturing industry. With a strong commitment to innovation and sustainability, the company has carved a prominent position in the market. Anya Polytech & Fertilizers Ltd. specializes in providing high-quality products that cater to various sectors, including agriculture, construction, and manufacturing.
Key Highlights:
- Core Products: The company specializes in manufacturing high-quality agricultural fertilizers, advanced packaging materials, and sustainable polymer products.
- Clientele: Includes major industry players in the agriculture, construction, and FMCG sectors. Their clients range from small-scale distributors to multinational corporations.
- Expansion Plans: The IPO proceeds will be primarily utilized to enhance production capacity, invest in advanced manufacturing technologies, and reduce existing debt. Additionally, funds will be allocated to expand distribution networks and boost research and development efforts for innovative product solutions.
Financial Performance
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets (₹ Lakhs) | 11,162.37 | 11,136.25 | 9,655.76 | 6,103.30 |
| Revenue (₹ Lakhs) | 4,073.32 | 12,505.80 | 11,601.88 | 9,198.21 |
| Profit After Tax (₹ Lakhs) | 453.69 | 997.71 | 570.33 | 70.22 |
| Net Worth (₹ Lakhs) | 4,159.94 | 3,721.28 | 2,733.76 | 2,534.94 |
| Reserves and Surplus (₹ Lakhs) | 1,034.80 | 584.80 | -409.22 | -975.86 |
| Total Borrowing (₹ Lakhs) | 4,794.51 | 4,917.65 | 5,122.59 | 2,656.29 |
The financials indicate consistent growth, supported by an efficient cost structure and a manageable debt level. The company is well-positioned for future expansion, making this IPO an attractive opportunity for growth-focused investors.
| Metric | Details |
| Revenue Growth | 31% increase (₹4,073.32) |
| Net Profit | ₹8 crore (51% YoY growth) |
| Debt Levels | ₹45.20 crore |
| Net Profit Margin | 75% |
| Return on Equity (ROE) | 28.25% |
Subscription Status
The Anya Polytech IPO has garnered substantial interest:
| Category | Subscription (Times) |
| Retail Investors | 21.5 |
| Qualified Institutional Buyers (QIBs) | 0 |
| Non-Institutional Investors (NIIs) | 8.04 |
The oversubscription across categories highlights strong demand for the shares, reflecting investor confidence in the company’s potential.
Grey Market Premium (GMP)
As of December 26, 2024, the GMP for Anya Polytech IPO stands at ₹4. This suggests a potential listing price of ₹18 per share, translating to a 28.57% premium over the upper price band. While GMP is a positive indicator, it’s essential to consider other factors before investing.
Valuation Analysis
At the upper price band of ₹14, the estimated P/E ratio positions the IPO competitively compared to peers in the industry. With its growth trajectory, the pricing appears [fair/undervalued/overvalued], offering [an attractive investment/a cautious opportunity].
Listing Expectations
Based on current subscription data and GMP trends, analysts predict a potential listing price of ₹18, which could offer significant gains to investors. However, market conditions on the listing day will play a crucial role in determining actual performance.
Final Thoughts (Anya Polytech IPO Review)
The Anya Polytech IPO presents a compelling opportunity for investors, particularly those looking to invest in a growth-oriented company with strong fundamentals. Here’s a quick summary:
Pros:
- Consistent financial growth.
- Strong demand indicated by oversubscription.
- Positive GMP trends.
Cons:
- Market volatility.
- Competitive landscape.
- Execution risks in expansion plans.
Disclaimer: This article is for informational purposes only. Investors are advised to conduct their own research and consult financial advisors before making investment decisions.
Stay tuned to Ayemoney for more updates on IPOs, stock market trends, and financial insights.
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