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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 ₹315.00 per share . The lot size for an application is 47. The minimum amount of investment required by an retail is ₹14,711 (47 shares). 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 Date | December 21, 2020 to December 23, 2020 |
| Listing Date | January 1, 2021 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹313 to ₹315 per share |
| Issue Price Final | ₹315 per share |
| Lot Size | 47 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 95,23,345 shares (aggregating up to ₹299.99 Cr) |
| Fresh Issue | 26,98,412 shares (aggregating up to ₹85.00 Cr) |
| Offer for Sale | 68,24,933 shares of ₹5 (aggregating up to ₹214.99 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,55,88,758 shares |
| Share Holding Post Issue | 2,82,87,170 shares |
Antony Waste IPO offers total 95,23,345 shares. Out of which 47,61,672 (50.00%) allocated to QIB, 19,04,669 (20.00%) allocated to QIB, 14,28,502 (15.00%) allocated to NII, 33,33,171 (35.00%) allocated to RII and 28,57,003 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum 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%) |
Antony Waste Handling Cell IPO opens on December 21, 2020, and closes on December 23, 2020.
| IPO Open Date | Mon, Dec 21, 2020 |
| IPO Close Date | Wed, Dec 23, 2020 |
| Tentative Allotment | Tue, Dec 29, 2020 |
| Initiation of Refunds | Wed, Dec 30, 2020 |
| Credit of Shares to Demat | Thu, Dec 31, 2020 |
| Tentative Listing Date | Fri, Jan 1, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 23, 2020 |
Investors can bid for a minimum of 47 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Particulars | For the year/period ended (Rs in million) | ||||
|---|---|---|---|---|---|
| 30-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 7,075.67 | 6,721.03 | 5,126.38 | 4,280.70 | |
| Total Revenue | 2,151.01 | 4,646.11 | 2,985.18 | 2,907.78 | |
| Profit After Tax | 290.50 | 620.76 | 346.82 | 398.84 | |
The Company Antony Waste Handling Cell IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] AWH has posted improved performance for the last three fiscals; however, due to COVID-19, it suffered a minor setback for H1 of FY21. The company is a niche player in the segment and going forward it will attract fancy post listing being the first mover. Investors may consider an investment with a long term perspective. Read detail review...
| Listing Date | January 1, 2021 |
| BSE Script Code | 543254 |
| NSE Symbol | AWHCL |
| ISIN | INE01BK01022 |
| Final Issue Price | ₹315 per share |
| BSE Listing Group | B |
Antony Waste Handling Cell Ltd.
1403, 14th Floor, Dev Corpora Building
Opp. Cadbury Company, Eastern Express Highway
Thane - 400 601
Thane, Maharashtra
Phone: +91 (22) 4100 9295
Email: investor.relations@antonyasia.com
Website: http://www.antony-waste.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: antony.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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 ₹299.99 Crores. The issue is priced at ₹315 per share. The minimum order quantity is 47.
The IPO opens on December 21, 2020, and closes on December 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 December 21, 2020 and closes on December 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 Thursday, December 31, 2020. Check the Antony Waste Handling Cell IPO allotment status.
The Antony Waste Handling Cell IPO listing date is on Friday, January 1, 2021.
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