City
Epaper

Anya Polytech and Fertilizers Limited Raised Rs. 12.74 Crore Via Anchor Investors Prior To IPO Launch

By ANI | Updated: December 25, 2024 11:00 IST

PNNMumbai (Maharashtra) [India], December 25: Anya Polytech & Fertilizers Limited, manufacturer of HDPE & PP bags, Fertilizers, and ...

Open in App

PNN

Mumbai (Maharashtra) [India], December 25: Anya Polytech & Fertilizers Limited, manufacturer of HDPE & PP bags, Fertilizers, and Micronutrient Mixtures catering to agricultural needs, secured Rs12.74 crore through its anchor book process on December 24, 2024. This strategic capital infusion, achieved just ahead of the company's IPO launch. According to the exchange filing, 7 investors participated in the anchor book offering. These notable investors include:

1. Zeta Global Funds (OEIC) PCC Limited-Zeta Series B Fund PC

2. NAV Capital VCC - NAV Capital Emerging Star Fund

3. AARTH AIF

4. Nexus Equity Growth Fund - Nexus Equity Growth Fund SCH-1,

5. Shine Star Build Cap Pvt. Ltd.

6. Galaxy Noble Global Opportunities Fund PCC- LUNA

7. Next Orbit Growth Fund III

Anya Polytech & Fertilizers Limited has allocated a total of91,00,000 Equity Shares to these anchor investors, with each share priced at Rs 14. This calculated pricing highlights theinvestor confidence in the company's prospects and its position in the market.

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.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

HockeyHockey Asia Cup 2025: Indian Hockey Team Enters Final After Beating China 7-0, Set to Face Korea

CricketCM Yogi Adityanath encourages players ahead of UP T20 League final

EntertainmentKartik Aaryan bids goodbye to Ganpati Bappa, shares pictures from Ganesh immersion procession at his home

InternationalIndra Jatra: Nepal's living deities start five-day tour of city signaling arriving festive season

CricketDane van Niekerk joins Guyana Amazon Warriors for WCPL 2025

Business Realted Stories

BusinessGST reforms will boost fisheries, animal husbandry and dairying sectors: Minister

BusinessGold prices surge over Rs 6,000, silver soars Rs 10,000 in 30 days amid global uncertainties

BusinessPNB signs MoU with Rajasthan govt for Rs 21,000 crore financial assistance

BusinessGST reform will supercharge Indian economy: Rice Exporters' Federation's Dev Garg

BusinessIEPFA Committee proposes simplified documentation for low-value claims to enhance ease of living