Anya Polytech IPO - Day 3 Subscription at 54.93 Times

Anya Polytech's initial public offering (IPO) has received exceptional investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 12.47 times on day one, to 28.61 times on day two, and reaching an impressive 54.93 times by 11:14 AM on the final day.

Anya Polytech IPO opened on 26th December 2024 and has seen outstanding participation across categories. The Retail Investors segment has shown exceptional interest, reaching 83.11 times subscription, while Non-Institutional Investors achieved remarkable subscription at 58.48 times. The QIB portion stands at 2.95 times.

This robust response comes amid positive sentiment in the Indian stock market, particularly towards companies in the manufacturing and fertiliser sector. Being listed on the NSE SME platform, the issue has attracted significant attention from retail investors.

Subscription Status of Anya Polytech IPO:

*As of 11:14 AM

Here are the subscription details for Anya Polytech IPO as of Day 3 (30th December 2024, 11:14 AM):

Note:

• "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
• The portions of anchor investors and market maker are not included in the total shares offered.

Anya Polytech IPO Key Highlights - Day 3:

• Overall subscription reached exceptional 54.93 times on the final day
• Retail investors showing overwhelming response at 83.11 times subscription
• Non-Institutional Investors achieved remarkable 58.48 times subscription
• QIB portion improved to 2.95 times
• Total bids worth ₹1,637.99 crores received
• Applications reached 94,723 showing strong retail interest
• Market response indicating robust demand
• Final day demonstrating tremendous investor confidence
• All categories showing significant oversubscription

Anya Polytech IPO - Day 2 Subscription at 28.61 Times

Key Highlights - Day 2:

• Overall subscription grew significantly to 28.61 times
• Retail investors showed strong growth to 47.71 times
• Non-institutional investors progressed to 18.30 times
• QIB portion improved to 2.91 times
• Day two witnessed accelerated momentum
• Market response indicating growing confidence
• Subscription trend showing strong momentum
• All segments demonstrated substantial growth
• Strong retail participation continued

Anya Polytech IPO - Day 1 Subscription at 12.47 Times

Key Highlights - Day 1:

• Overall subscription opened strong at 12.47 times
• Retail investors began remarkably at 21.50 times
• Non-institutional investors showed good interest at 8.04 times
• QIB portion awaiting participation
• Opening day demonstrated exceptional response
• Market confidence evident in retail segment
• Initial momentum indicating strong interest
• Day one subscription exceeded expectations
• Strong retail demand visible from start

About Anya Polytech & Fertilizers Limited 

Incorporated in 2011, Anya Polytech & Fertilizers Limited has established itself as a manufacturer of high-quality fertilisers and packaging solutions. The company began commercial production in January 2013 and has since grown to achieve an impressive manufacturing capacity of over 750 lakh bags per year. With operations centred at its manufacturing facility, the company has demonstrated strong growth, generating turnover exceeding ₹100 crores from its bags and fertilisers division.

The company's comprehensive product portfolio includes High-Density Polyethylene (HDPE) bags for bulk packaging of commodities like food grains, sugar, urea, and cement and Polypropylene (PP) woven fabric bags for fertilisers, seeds, and other applications. Their fertiliser division specialises in zinc sulphate production and serves both agricultural and veterinary markets. As of January 31, 2024, the company maintains 126 employees.

Their financial performance demonstrates strong growth, with revenue increasing by 8% and profit after tax rising by 75% between FY2023 and FY2024. The company's operational strength is reflected in its March 2024 financials, with revenue of ₹125.06 crores and PAT of ₹9.98 crores. Their manufacturing capabilities are backed by modern technology and quality control processes.

Their competitive strengths lie in their technology upgradation initiatives, diverse product range, strong marketing team, commitment to quality, and customer-centric approach. With a focus on both B2B and emerging B2C segments, the company has established a strong market presence in the packaging and fertiliser sectors.

Highlights of the Anya Polytech IPO:

• IPO type: Book Built Issue SME IPO
• IPO size: ₹44.80 crores
• Fresh Issue: 3.20 crore shares
• Face value: ₹2 per share
• Price band: ₹13 to ₹14 per share
• Lot size: 10,000 shares
• Minimum investment for retail investors: ₹1,40,000
• Minimum investment for HNI: ₹2,80,000 (2 lots)
• Market maker reservation: 16,00,000 shares
• Listing at: NSE SME
• IPO opens: 26th December 2024
• IPO closes: 30th December 2024
• Allotment date: 31st December 2024
• Refund initiation: 1st January 2025
• Credit of shares: 1st January 2025
• Listing date: 2nd January 2025
• Lead Manager: Beeline Capital Advisors Pvt Ltd
• Registrar: Skyline Financial Services Private Ltd
• Market Maker: Spread X Securities Private Limited