Anya Polytech and Fertilizers Limited is preparing to launch its SME IPO after receiving approval from the National Stock Exchange (NSE).
The company plans to issue 3.2 crore equity shares with a face value of ₹2 each. This comes at a time when SEBI, the market regulator, is working on stricter rules for SME IPOs.
SEBI has proposed raising the minimum investment for SME IPO applications to ₹4 lakh. The goal of this change is to ensure only investors with sufficient risk capacity participate.
How the IPO Funds Will Be Used
The funds raised through the IPO will be utilized for several purposes:
Capital Expenditure and Working Capital: These funds will support Aravali Phosphate Limited.
New Projects: The company plans to invest in a new project under its subsidiary, Yara Green Energy Private Limited.
The overall aim of the IPO is to drive growth and expansion for the company and its subsidiaries.
IPO Managers and Listing Platform
Lead Manager: Beeline Capital Advisors Private Limited will manage the IPO.
Registrar: Skyline Financial Services Private Limited will act as the official registrar.
Listing: The IPO will be listed on the NSE Emerge platform.
Company Background and Performance
Anya Polytech and Fertilizers Limited was established in 2011 and has been operating for over 10 years.
Its clients include major companies like IFFCO, Aditya Birla Group, and Jaypee Group.
As of January 2024, the company reported:
Revenue: ₹98.87 crore
EBITDA: ₹13.45 crore
Profit After Tax (PAT): ₹10.70 crore
The company specializes in manufacturing HDPE/PP woven fabrics and bags, as well as fertilizers and agricultural inputs. Its product range includes:
1) Polyethylene and polypropylene woven fabrics
2) Laminated and non-laminated sacks and bags
3) BOPP packaging
Company Background
Anya Polytech and Fertilizers Limited was established in 2011. The company serves large clients like IFFCO, Aditya Birla Group, and Jaypee Group.
As of January 2024, the company reported a revenue of ₹98.87 crore, EBITDA of ₹13.45 crore, and a profit after tax (PAT) of ₹10.70 crore.
The company manufactures products such as HDPE/PP woven fabrics, bags, and fertilizers, as well as other agricultural inputs.
