Anya Polytech, the last IPO of 2024, surprised investors with its stellar debut on the National Stock Exchange (NSE SME) today. The stock hit a 5% upper circuit on its first day, delivering impressive returns. Priced at just ₹14 in the IPO, the stock has already provided 28% gains to investors.
Anya Polytech IPO Highlights
- IPO Opening Date: December 26, 2024
- IPO Closing Date: December 30, 2024
- Price Band: ₹13-₹14
- GMP (Grey Market Premium): ₹3
- Lot Price: ₹10,000
- Subscription: 439 times
About the Company:
Anya Polytech is a leading Indian company specializing in the production of PP bags and fertilizers. Through its IPO, the company raised approximately ₹45 crore, receiving an overwhelming response from retail investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Buyers (NIIs).
Listing Performance
The stock debuted at ₹17 on NSE and immediately hit the 5% upper circuit. This resulted in a net profit of 5% for investors on listing day. If you had invested ₹1,00,000 in this IPO, your capital would have grown to ₹1,28,000 post-listing.
Future Prospects for Investors
Market experts are optimistic about Anya Polytech’s future:
- Short-Term Outlook: The stock is expected to maintain its upward momentum post-listing.
- Long-Term Outlook: With a robust business model and strong fundamentals, the company is likely to deliver substantial returns over the long term.
IPO Subscription Details
| Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers | 150 times |
| Retail Investors | 321.43 times |
| Non-Institutional Buyers | 110.49 times |
Recommendations for Investors
If you missed subscribing to Anya Polytech’s IPO, this stock is worth considering for long-term holding. Experts believe the company’s strong business model and financial position make it a promising investment.
Conclusion
Anya Polytech made a grand entry on the stock market, delivering up to 28% returns to its IPO investors on the first day. If you are looking to invest in small-cap stocks with growth potential, this stock could be a valuable addition to your portfolio.
Disclaimer
The news you have read is for informational purposes only. Our website, https://stocknewshub.in/, provides updates on stock market companies, including the latest news, bonuses, dividends, IPOs, and more. Please note that the Indian stock market is subject to risks, and investing in it can lead to financial losses. It is advisable to consult a professional financial advisor before making any investment decisions. Additionally, our website is not registered with SEBI.
READ MORE...Suzlon Energy: Shares Surge 4% in the New Year, Delivering Multibagger Returns to Investors
The First IPO of 2025: Big Expectations from Indo Farm Equipment