{"id":28382,"date":"2024-12-23T11:37:29","date_gmt":"2024-12-23T06:07:29","guid":{"rendered":"https:\/\/gwaliorbuzz.com\/index.php\/2024\/12\/23\/anya-polytech-and-fertilizers-limited-ipo-opens-on-december-26-2024\/"},"modified":"2024-12-23T11:37:29","modified_gmt":"2024-12-23T06:07:29","slug":"anya-polytech-and-fertilizers-limited-ipo-opens-on-december-26-2024","status":"publish","type":"post","link":"https:\/\/gwaliorbuzz.com\/index.php\/2024\/12\/23\/anya-polytech-and-fertilizers-limited-ipo-opens-on-december-26-2024\/","title":{"rendered":"Anya Polytech and Fertilizers Limited IPO Opens on December 26, 2024"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], December 23: <\/strong>Anya Polytech &amp; Fertilizers Limited manufacturer of HDPE &amp; PP bags, Zinc Sulphate Fertilizers &amp; Micronutrient Mixtures for agricultural needs,proposes to open its Initial Public Offering on December 26, 2024, aiming to raise \u20b9 44.80 Crore with shares to be listed on the NSE Emerge platform.<\/p>\n<p>The issue size is\u00a03,20,00,000\u00a0equity shares with a price band of\u00a0\u20b9\u00a013\u00a0\u2013\u00a0\u20b9\u00a014\u00a0Per Share and face value of\u00a0\u20b9\u00a02\u00a0each.<\/p>\n<p><strong>Equity Share\u00a0Allocation<\/strong><\/p>\n<p>\u25cf<strong>\u00a0QIB Anchor Portion \u2013<\/strong> Not more than\u00a091,04,000 Equity Shares<\/p>\n<p><strong>\u25cf\u00a0Qualified Institutional Buyer \u2013<\/strong> Not more than\u00a060,80,000 Equity Shares<\/p>\n<p><strong>\u25cf\u00a0Non-Institutional Investors \u2013<\/strong>\u00a0Not Less than\u00a045,68,000 Equity Shares<\/p>\n<p>\u25cf<strong>\u00a0Retail Individual Investors \u2013<\/strong>\u00a0Not Less than 1,06,48,000 Equity Shares<\/p>\n<p>\u25cf<strong>\u00a0Market Maker \u2013<\/strong>\u00a016,00,000 Equity Shares<\/p>\n<p>The net proceeds from the IPO will be utilized to meet Capital Expenditure towards purchase of Plant &amp; Machinery and working capital requirement in Anya Polytech &amp; Fertilizers Limited, Setting-up new project in Yara Green Energy Private Limited, subsidiary Company, along with working capital requirement, meet Working Capital &amp; Capital Expenditure in Arawali Phosphate Limited, subsidiary Company and for general corporate purposes. The anchor bidding will open on December 24, 2024 and the issue will close on December 30, 2024.<\/p>\n<p>Beeline Capital Advisors Private Limited is the Book Running Lead Manager to the Issue, while Skyline Financial Services Private Limited is the Registrar to the Issue.<\/p>\n<p>Mr. Yashpal Singh Yadav, Managing Director of\u00a0Anya Polytech &amp; Fertilizers Limited\u00a0expressed,\u00a0\u201cAs we move forward with this IPO journey, it marks a transformative milestone in our company\u2019s evolution, laying\u00a0foundation for future growth and success. With extensive experience and a significant\u00a0presence in the industry, we have emerged as\u00a0one of the\u00a0prominent players.\u00a0Our operations are guided by commitment to delivering consistent quality and innovative products that cater to the diverse needs of our customers.<\/p>\n<p>The funds raised through this IPO will be strategically utilized to expand our product portfolio, acquire advanced plant and machinery, and meet working capital requirements. This endeavour will not only fuel our business expansion but also enhance operational efficiency, driving sustainable growth and creating substantial long-term value.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], December 23: Anya Polytech &amp; Fertilizers Limited manufacturer of HDPE &amp; PP bags, Zinc Sulphate Fertilizers &amp; Micronutrient Mixtures for agricultural needs,proposes to open its Initial Public [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":28383,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[651,656],"class_list":["post-28382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release","rishi-post"],"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts\/28382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/comments?post=28382"}],"version-history":[{"count":0,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/posts\/28382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/media\/28383"}],"wp:attachment":[{"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/media?parent=28382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/categories?post=28382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gwaliorbuzz.com\/index.php\/wp-json\/wp\/v2\/tags?post=28382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}