Antony Waste IPO Date, Review, Price Band, GMP & Market Lot Detail

Antony Waste Handling Cell Ltd has received capital markets regulator Sebi’s go ahead to float an initial public offer.

The initial public offer (IPO) comprises fresh issuance of shares worth Rs 98.5 crore and an offer for sale of 99,27,175 equity shares by existing shareholders, according to the draft red herring prospectus.

They collect and transport solid waste for municipal corporations and waste management includes municipal solid waste based waste to energy projects. The company process 5000 tones per day of solid waste. The company registered 42.3 crores of profit in March 2018. Check out Antony Waste IPO date, price band, and market lot details.

The OFS (offer for sale) component is for Rs 500 crores and due to better valuations , the fresh issue of shares component has now been reduced slightly to around Rs 40 crores.

    Antony Waste IPO Category-wise Break up:

    • Anchor: 0 Shares = 0Crores
    • QIB: 0 Shares = 0Crores
    • NII: 0 Shares = 0Crores
    • RII: 0 Shares = 0Crores (Lot size: 47 = ??? Forms)
    • Empl. Quota: ???Shares = ???.??Crores
    • Total Issue: 95,23,346 Shares = 300 Crores.

    Antony Waste IPO Date & Price Band:

    Issuer Antony Waste Handling Cell Ltd.
    Issue Type Book Built Issue IPO
    Issue Period Issue Opens: 21 December 2020
    Issue Closes: 23 December 2020
    Price Brand ₹313- ₹315 Per Share
    Issue Size ₹ 300 Crores
    Face Value Rs.5 per Equity Share
    Market Lot 47 Shares Rs.14,805
    Maximum Bid amount for Retail 611 Rs. 1,92,465 Lakhs
    QIB 50% of the issue size
    NIB 15% of the issue size
    Retail Individual Bidders 35% of the issue size
    Offer for Sale ₹215.00 Cr
    Fresh Issue ₹85.00 Cr
    Listing at NSE & BSE
    Equity  9,523,345 Shares

    Antony Waste IPO Tentative Timetable

    The Antony Waste  IPO open date is , and the close date is . The issue may list on .

    IPO Open Date 21 Dec , 2020
    IPO Close Date 23 Dec , 2020
    Basis of Allotment Date 29 Dec , 2020
    Initiation of Refunds 30 Dec , 2020
    Credit of Shares to Demat Account 31 Dec , 2020
    IPO Listing Date 01 Jan , 2021

    Antony Waste IPO Market Lot:

    Minimum Lot Size: Minimum 47 Shares
    Minimum Amount: ₹14,805
    Maximum Lot Size: Maximum 611 Shares
    Maximum Amount: ₹1,92,465

    Antony Waste Company Financial:

    Particulars For the year/period ended (₹ 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

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    About Antony Waste Company:

    Incorporated in 2001, Antony Waste Handling Cell Limited is engaged in offering Municipal Solid Waste (MSW) Management services. The service range of the company includes solid waste collection, transportation, processing and disposal services to Indian municipalities. It has in-house expertise in landfill construction and management sector.

    The company is a part of Antony group which has a diversified business model including ancillary and automotive body-building industries. Till Jan 2020, Antony Waste Handling Cell Ltd has completed 25 projects for municipalities and for private players. The company mainly takes MSW processing projects, MSW C&T projects, and mechanized sweeping projects.

    Some of the major clients of the company are Municipal Corporation of Delhi (MCD), Jaypee International Sports, and Kalyan Dombivali Municipal Corporation (KDMC). Currently, the company has 1089 vehicles whose components are obtained from international suppliers named BUCHER Municipal AG and Compost System GmbH.

    Key Strengths of Antony Waste Handling Cell Ltd

    1. Leading MSW management services provider in India
    2. Experience in handling more than 25 MSW projects
    3. Modern and well-maintained vehicles

    Antony Waste IPO Prospectus

    Antony Waste Company Promoters:

    • Jose Jacob Kallarakal
    • Shiju Jacob Kallarakal
    • Shiju Antony Kallarakkal

    Antony Waste IPO Registrar:

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Phone: +91-22-4918 6270


    Antony Waste IPO Lead Managers: 

    • Equirus Capital Private Limited
    • IIFL Holdings Limited

    Antony Waste Company Address: 

    Antony Waste Handling Cell Ltd
    1403, 14th Floor, Dev Corpora Building,
    Opp. Cadbury Company,
    Eastern Express Highway, Thane - 400 601,
    Phone: +91 (22) 4100 9295


    Antony Waste IPO FAQs:

    1. When Antony Waste IPO will open for Anchor Investors?
    The Anchor Investors bidding is 20 Decemeber 2020.

    2. When Antony Waste IPO will open for QIB, NII, and Retail?
    The IPO to open on 21 December 2020 for QIB, NII, and Retail Investors.

    3. What is Antony Waste IPO Investors Portion?
    The investors' portion for QIB-50%, NII-10%, and Retail-35%.

    4. How to Apply the Antony Waste IPO?
    You can apply Antony Waste IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    5. What is Antony Waste IPO Allotment Date?
    Antony Waste IPO allotment date is 29  December 2020. You can check IPO allotment here.

    6. What is Antony Waste IPO Listing Date?
    Antony Waste IPO listing date is 01 January 2021. The IPO to list on NSE and BSE.