Bookbuilding IPO | ₹300 Cr | Listed at BSE, NSE | Mon, Dec 21, 2020 - Wed, Dec 23, 2020
Antony Waste Handling Cell IPO is a book build issue of ₹299.99 crores. The issue is a combination of fresh issue of 0.27 crore shares aggregating to ₹85.00 crores and offer for sale of 0.68 crore shares aggregating to ₹214.99 crores.
Antony Waste Handling Cell IPO bidding started from Dec 21, 2020 and ended on Dec 23, 2020. The allotment for Antony Waste Handling Cell IPO was finalized on Dec 29, 2020. The shares got listed on BSE, NSE on Jan 1, 2021.
Antony Waste Handling Cell IPO price band is set at ₹315 per share. The lot size for an application is 47. The minimum amount of investment required by an retail is ₹14,805 (47 shares) (based on upper price). The lot size investment for sNII is 14 lots (658 shares), amounting to ₹2,07,270, and for bNII, it is 68 lots (3,196 shares), amounting to ₹10,06,740.
Equirus Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Antony Waste Handling Cell IPO RHP for detailed Information.
IPO Open
Mon, Dec 21, 2020
IPO Close
Wed, Dec 23, 2020
Issue Price
₹315 per share
Market Cap (Pre-IPO)
₹891.05 Cr
| IPO Date | 21 to 23 Dec, 2020 |
| Listed on | Fri, Jan 1, 2021 |
| Face Value | ₹5 per share |
| Price Band | ₹313 to ₹315 |
| Issue Price | ₹315 per share |
| Lot Size | 47 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 95,23,345 shares (agg. up to ₹300 Cr) |
| Fresh Issue | 26,98,412 shares (agg. up to ₹85 Cr) |
| Offer for Sale | 68,24,933 shares of ₹5 (agg. up to ₹215 Cr) |
| Share Holding Pre Issue | 2,55,88,758 shares |
| Share Holding Post Issue | 2,82,87,170 shares |
| BSE Script Code / NSE Symbol | 543254 / AWHCL |
| ISIN | INE01BK01022 |
Antony Waste Handling Cell IPO comprises a total issue size of 95,23,345 shares. Out of which, 47,61,672 (50.00%) are allocated to QIB, 14,28,502 (15.00%) allocated to NII 33,33,171 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 47,61,672 | 50.00% | NA |
| − Anchor Investor Shares Offered | 28,57,003 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 19,04,669 | 20.00% | NA |
| NII (HNI) Shares Offered | 14,28,502 | 15.00% | NA |
| Retail Shares Offered | 33,33,171 | 35.00% | 70,918 |
| Total Shares Offered | 95,23,345 | 100.00% |
Investors can bid for a minimum of 47 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹1,92,465 |
| S-HNI (Min) | 14 | 658 | ₹2,07,270 |
| S-HNI (Max) | 67 | 3,149 | ₹9,91,935 |
| B-HNI (Min) | 68 | 3,196 | ₹10,06,740 |
Antony Waste Handling Cell IPO raises ₹90.00 crore from anchor investors. Antony Waste Handling Cell IPO Anchor bid date is December 18, 2020.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Dec 18, 2020 |
| Shares Offered | 28,57,003 |
| Anchor Portion (₹ Cr.) | 90.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jan 28, 2021 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Mar 29, 2021 |
Incorporated in 2001, Antony Waste Handling Cell Limited is one of the leaders in India's Municipal Solid Waste Management (MSW) industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. It also plays a leading position in the landfill construction and management sector.
The company's key business operations include MSW C&T, MSW processing, and Mechanized sweeping project. As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects. 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.
Key Business Activities
Competitive Strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-financing for PCMC WTE Project through investment in our Subsidiaries, AG Enviro and/orALESPL | 40.00 |
| 2 | Reduction of the consolidated borrowings of our Company by infusing debt in our Subsidiary -AG Enviro for repayment / prepayment of portion of their outstanding indebtedness | 38.50 |
| 3 | General corporate purposes | 0.50 |
The Antony Waste Handling Cell IPO is subscribed 15.04 times on December 23, 2020 5:00:03 PM (Day 3). The public issue subscribed 16.55 times in the retail category, 9.67 times in the QIB category, and 18.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 9.67 | 19,04,669 | 1,84,14,412 |
| NII | 18.69 | 14,28,502 | 2,66,95,859 |
| Retail | 16.55 | 33,33,171 | 5,51,61,550 |
| Total | 15.04 | 66,66,342 | 10,02,71,821 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs (including underwriting commission) | 10.37 |
| 2 | Brokerage, selling commission, upload fees, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, SCSBs, RTAs and CDPs | 2.44 |
| 3 | Advertising and marketing expenses for the Issue | 2.33 |
| 4 | Legal advisors | 0.51 |
| 5 | Listing fees, SEBI filing fees, book building software fees and other regulatory expenses including expenses towards Stock Exchanges, corporate action | 2.19 |
| 6 | Printing and distribution of issue stationery | 1.99 |
| 7 | Miscellaneous | 1.61 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹315.00 | ₹315.00 |
| Open | ₹430.00 | ₹436.10 |
| Low | ₹394.60 | ₹395.55 |
| High | ₹492.75 | ₹489.90 |
| Last Trade | ₹407.25 | ₹407.35 |
Lead Manager Reports
Antony Waste Handling Cell IPO is a main-board IPO of 95,23,345 equity shares of the face value of ₹5 aggregating up to ₹300 Crores. The issue is priced at ₹315 per share. The minimum order quantity is 47.
The IPO opens on Mon, Dec 21, 2020, and closes on Wed, Dec 23, 2020.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Antony Waste Handling Cell IPO using UPI as a payment gateway. Zerodha customers can apply in Antony Waste Handling Cell IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Antony Waste Handling Cell IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Antony Waste Handling Cell IPO opens on Mon, Dec 21, 2020 and closes on Wed, Dec 23, 2020.
Antony Waste Handling Cell IPO lot size is 47, and the minimum amount required for application is ₹14,805.
You can apply in Antony Waste Handling Cell IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Antony Waste Handling Cell IPO will be done on Tuesday, December 29, 2020, and the allotted shares will be credited to your demat account by Thu, Dec 31, 2020. Check the Antony Waste Handling Cell IPO allotment status.
The Antony Waste Handling Cell IPO listing date is on Fri, Jan 1, 2021.
