ENA MSME 2025-01-02 15:33:52 <p><span style="font-size:14px"><strong>New Delhi, Jan 2 (KNN) </strong>Anya Polytech &amp; Fertilisers, a manufacturer of HDPE &amp; PP bags and agricultural inputs, marked its successful entry into public markets today with shares listing at Rs 17.10 on the NSE Emerge platform, representing a 22.14 percent premium over its initial public offering price of Rs 14.</span></p> <p><span style="font-size:14px">The company's market capitalisation reached Rs 205.20 crore upon listing.</span></p> <p><span style="font-size:14px">The Rs 44.80 crore SME issue garnered substantial investor interest during its initial public offering, achieving an oversubscription of more than 400 times.</span></p> <p><span style="font-size:14px">The IPO was offered in a price band of Rs 13-14 per share, with a minimum lot size of 10,000 shares. Prior to the public issue, the Uttar Pradesh-based company had secured Rs 12.74 crore through its anchor book on December 24.</span></p> <p><span style="font-size:14px">The company intends to deploy the raised capital primarily for expansion of operations and working capital requirements.</span></p> <p><span style="font-size:14px">Additionally, funds will be allocated toward establishing a 1 x 2 TPH biofuel pellet plant through Yara Green Energy, with the remaining proceeds designated for general corporate purposes.</span></p> <p><span style="font-size:14px">The firm's diverse product portfolio includes zinc sulphate fertilisers, micronutrient mixtures, and trading operations in single super phosphate.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 40482 https://knnindia.co.in/news/newsdetails/msme/anya-polytech-fertilisers-makes-strong-market-debut-with-22-premium 2025-01-02 15:33:52 knnindia.co.in