The Anya Polytech IPO is set to open for subscription on December 26, 2024, with a fresh issue of 320.00 lakh shares, amounting to a total of ₹44.80 crores. This book-built issue will provide an opportunity for investors to participate in a company engaged in the fertilizers and packaging sector. The IPO closes on December 30, 2024, with allotment expected to be finalized by December 31, 2024. The listing of the IPO is scheduled for January 2, 2025, on the NSE SME platform.

The price band for the IPO is set at ₹13 to ₹14 per share, and the minimum lot size for retail investors is 10,000 shares, requiring a minimum investment of ₹1,40,000. For HNI (High Net-Worth Individuals), the minimum lot size is 20,000 shares, amounting to ₹2,80,000. The IPO is managed by Beeline Capital Advisors Pvt Ltd as the book running lead manager, with Skyline Financial Services Private Ltd as the registrar and Spread X Securities Pvt Ltd as the market maker.

About Anya Polytech & Fertilizers Limited

Anya Polytech & Fertilizers Limited, founded in 2011, is a leading manufacturer of fertilizers and packaging products, with a focus on HDPE and PP bags and Zinc Sulphate Fertilizers. The company started its commercial production in 2013 and now operates at full capacity, producing over 750 lakh bags per year. Anya Polytech generates annual turnover of over ₹100 crores from its diverse product portfolio.

The company has carved a niche in the market through its innovative approach in manufacturing cost-effective packaging solutions and fertilizers essential for agricultural productivity. With an experienced workforce of 126 employees as of January 31, 2024, Anya Polytech is well-positioned to meet the growing demand for these products.

Key Product Segments

• HDPE (High Density Polyethylene) Bags: Anya Polytech manufactures high-quality HDPE bags used for bulk packaging of commodities such as food grains, sugar, urea, cement, and other products. These bags offer superior performance compared to traditional jute bags in terms of storage, transportation, and distribution. HDPE bags are cost-effective, durable, and widely preferred in the agricultural and industrial sectors.

• PP (Polypropylene) Bags: The company produces PP woven fabric bags, which are used for packaging a variety of products including fertilizers, food grains, seeds, and cement. Additionally, PP woven fabric is utilized for producing sacks, tarpaulins, ground cover fabric, FIBC (Flexible Intermediate Bulk Containers), and big bags. PP bags are known for their strength, versatility, and durability, making them an ideal choice for bulk packaging needs.

• Zinc Sulphate Fertilizers: Anya Polytech manufactures Zinc Sulphate Fertilizers, a crucial nutrient for preventing zinc deficiency in plants. This product helps in growth, protein synthesis, auxin production, and improves overall plant health, crop yield, and quality. The company’s Zinc Sulphate Monohydrate is also widely used in the veterinary and poultry industries. The products undergo rigorous testing for quality and purity, ensuring their strong market presence.

Competitive Strengths

1. Technology Upgradation: Anya Polytech continuously upgrades its manufacturing technologies to ensure high-quality production and meet the evolving demands of the market. This commitment to innovation helps the company stay competitive in the industry.

2. Wide Range of Products: The company offers a diverse range of products, from HDPE and PP bags to fertilizers, catering to various sectors, including agriculture, construction, and industrial packaging. This broad product portfolio positions the company to serve a wide variety of customer needs.

3. Strong Marketing Team: Anya Polytech has a robust marketing team capable of reaching customers across different geographies, ensuring strong brand visibility and customer loyalty. This network is crucial in penetrating both domestic and international markets.

4. Quality Products: The company places a high emphasis on producing high-quality products that meet stringent industry standards. Whether it’s fertilizers or packaging bags, Anya Polytech ensures the highest level of product quality, which has helped build its reputation in the industry.

5. Focus on Customer Needs: Anya Polytech’s customer-centric approach allows the company to cater to specific client requirements, whether in the fertilizer or packaging domain. This flexibility helps the company maintain long-term relationships with clients and drive repeat business.

Anya Polytech IPO Investment Considerations

The Anya Polytech IPO provides an opportunity for investors to gain exposure to a growing player in the fertilizers and packaging sector. With a solid track record in manufacturing HDPE bags, PP bags, and Zinc Sulphate fertilizers, Anya Polytech has positioned itself as a leader in these industries. The company’s extensive experience in producing cost-effective, high-quality products places it in a favorable position to benefit from the increasing demand for agricultural inputs and packaging solutions.

The IPO offers an attractive entry point for investors interested in companies catering to the agriculture, fertilizer, and packaging sectors. With the company’s expansion plans and consistent growth in turnover, Anya Polytech represents a promising investment opportunity.

Conclusion

The Anya Polytech IPO, scheduled to open on December 26, 2024, and close on December 30, 2024, offers a chance to invest in a company with a proven track record in the fertilizers and packaging industries. With a competitive edge in technology and a broad product portfolio, Anya Polytech is well-positioned to capture future growth in the agriculture and industrial sectors. The listing is expected on January 2, 2025, and investors should carefully evaluate the investment opportunity based on the company’s strong fundamentals and growth potential.