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.
Read Also: Antony Waste IPO GMP ( Grey Market Premium )
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
Email: antony.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
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
Email: investor.relations@antonyasia.com
Website: http://www.antony-waste.com/
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.
