Check Anya Polytech & Fertilizers IPO GMP Ahead Of Allotment Today; Find Steps To Check Status Here

Anya Polytech and Fertilizers IPO share allotment is likely to be finalised on Dec. 31, after investors showed bumper demand for the public offer over its three-day bidding period.

Between Dec. 26 to Dec. 30, Anya Polytech IPO saw mega demand from investors across categories. Non-institutional investors (NIIs) showed huge interest in the SME issue, marking yet another massively successful bidding process in this category.

Anya Polytech IPO was subscribed 439.8 times, with investors applying for 9,36,77,20,000 shares against 2,13,00,000 shares on offer, as per Chittorgarh. The quota for NIIs was subscribed 1,100.39 times, while retail investors bid for 321.53 times the shares set aside for them. The IPO was booked 150.8 times in the qualified institutional buyers (QIBs) segment.

The Anya Polytech IPO, which was a fresh issue of 3.2 crore shares, is valued at Rs 44.8 crore. The price band of the IPO was set between Rs 13 and Rs 14 per share, with a face value of Rs 2 each.

The shares of the company are expected to be listed on the NSE SME platform Emerge on Thursday, Jan. 2, 2025.

Investors who have placed their bids for the Anya Polytech IPO can check their allotment status on NSE and registrar Skyline Financial Services Pvt.’s websites by following the steps mentioned below.

• Visit the allotment status check page of the NSE here

• Log in with your username and password. Sign up if you do not have an account.

• Select Anya Polytech and Fertilizers Ltd. from the dropdown menu

• Verify your PAN details

• Enter the application number for the IPO

• Click submit to check the allotment details

• Visit the website of the registrar Skyline Financial Services Pvt. here

• Click on the 'Public Issue' link on the home screen

• Select Anya Polytech and Fertilizers Ltd. from the Check Application Status option

• Choose either DPID/Client ID, Application Number or PAN

• Enter the details in line with your selection

• Click Search to see the allotment status

The grey market premium of Anya Polytech IPO was Rs 7 as of 12:23 p.m. on Dec. 31, as per InvestorGain. This indicates a listing gain of 50% over the issue price. Shares of Anya Polytech and Fertilizers are anticipated to list at Rs 21 at the upper end of the price band.

The GMP trends have shown an upward movement after the SME issue closed for subscription on Dec. 29. The grey market premium of Polytech and Fertilizers IPO was constant at Rs 4 since the IPO opened for bidding on Dec. 26.

Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.

Anya Polytech and Fertilizers Ltd. will use part of the proceeds from the IPO to fund its capital expenditure and working capital requirements. The company will also invest the money in its subsidiary Yara Green Energy Pvt. to set up a new project and for working capital requirements. A portion of the money will also go towards the capex and working capital requirements of its subsidiary, Arawali Phosphate Ltd.

The rest of the proceeds will be utilised for general corporate purposes.

Anya Polytech and Fertilizers Ltd. manufactures fertilisers and bags, as well as provides environmental solutions. Established in 2011, the company manufactures high-quality High-Density Polyethylene(HDPE) and Polypropylene (PP) bags, producing over 750 bags per year. It also makes zinc sulphate fertilisers.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.