//]]> //]]> Indian Stock Market Analysis: Antony Waste Handling Cell Limited IPO subscribed 15.04 times and Retail part subscribed 16.55 times on Last day

Wednesday, December 23, 2020

Antony Waste Handling Cell Limited IPO subscribed 15.04 times and Retail part subscribed 16.55 times on Last day

The initial public offer (IPO) of Antony Waste Handling Cell Limited subscribed 15.04 times on Wednesday the last day of the offering data from stock exchanges show.

Burger King India Limited had set a price band of Rs 313-315 per share and the IPO closed on 23rd December.

The portion of shares reserved for Qualified institutional investors was subscribed 9.67 times, shares reserved for Non Institutional Investors was subscribed 18.69 times and shares reserved for retail investors was subscribed  16.55 times.


Detail of Antony Waste Handling Cell Limited IPO :

Antony Waste Handling Cell Limited Incorporated in 2001, is one of the leaders in India's Municipal Solid Waste Management industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. The company's key business operations include MSW C&T, MSW processing, and Mechanized sweeping project.The company is undertaking many projects of Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), Pimpri Chinchwad Municipal Corporation (PCMC), Mangaluru Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), and Greater Noida Industrial Development Authority (GNIDA). It has a waste processing plant at the Kanjurmarg site.As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects.


Issue Size  - 9,523,345 Eq Shares of Rs 5 (aggregating up to Rs 300 Cr) 

Fresh Issue - 2,698,412 Eq Shares of Rs 5 (aggregating up to Rs 85 Cr) 

Offer for Sale - 6,824,933 Eq Shares of Rs 5 (aggregating up to Rs 215 Cr)

IPO Price - Rs  313 to Rs 315 per equity share

Market Lot - 47 Shares ( Min Order quantity )

Maximum Order Quantity for Retail  -  611 Shares (  13 Lots )

Finalisation of Basis of Allotment - Dec 29, 2020

Initiation of Refunds - Dec 30, 2020

Credit of Shares to Demat Account - Dec 31, 2020

IPO Shares Listing Date - Jan 01, 2020

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