Antony Waste IPO is coming out with an IPO starting December 21, 2020 till December 23, 2020 for an issue size of about 350 crore. The IPO will come with a fresh issue of Rs. 85 Crores and offer for sale of up to 9,442,164 equity shares. The company headquartered in Thane, Maharashtra.
Antony Waste Handling Cell is one of the top five players in the Indian MSW (Municipal Solid Waste) management industry with an established track record of 19 years, providing services such as solid waste collection, transportation, processing and disposal services across the country, primarily catering to Indian municipalities. The company is among the key players in landfill construction and management sector with in-house expertise for landfill construction along with its management. It is also present in the emerging waste management area in India which is MSW based WTE (Waste to Energy).
The company undertakes MSW C&T projects, MSW processing projects and mechanized sweeping projects and has undertaken more than 25 projects as of 15 November 2020, of which 18 are ongoing. Its portfolio of ongoing projects comprised 12 MSW C&T projects, two MSW processing (including WTE) project and four mechanized sweeping projects. It is currently undertaking projects for the Municipal Corporation of Greater Mumbai (MCGM), the Navi Mumbai Municipal Corporation (NMMC), the Thane Municipal Corporation (TMC), the North Delhi Municipal Corporation (NDMC), the Mangalore Municipal Corporation (MMC) and the Greater Noida Industrial Development Authority (GNIDA). It is also currently undertaking a project for Jaypee International Sports. In the past, it has also undertaken projects for Municipal Corporation of Delhi (MCD), Municipal Corporation, Gurgaon (MCG), Ulhasnagar Municipal Corporation (UMC), Amritsar Municipal Corporation (AMC), Kalyan Dombivali Municipal Corporation (KDMC) and Jaipur Municipal Corporation (JMC).
Antony Waste Handling Ltd. is coming out with an IPO for the second time after it withdrew the same in its maiden attempt following dull response from investors in the times of the Covid-19 outbreak and national lockdowns.
Antony Waste Handling IPO details
| Rs 5 | |
| Price Band | Rs 313 – 315 |
| IPO Opening Date | 21st Dec 2020 |
| IPO Closing Date | 23rd Dec 2020 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 47 |
| Listing Date | Jan 1, 2021 |
| Offer for Sale | Rs 215 crore |
| Fresh Issue | Rs 85 crore |
| IPO Size | Rs 300 crore |
| Tick Size | 1 |
Antony Waste Handling Limited IPO Important Dates
Find the dates below on basis of allotment, refund, listing and more:
| Basis of Allotment Finalization | Dec 29, 2020 |
| Refunds Initiation | Dec 30, 2020 |
| Credit of Shares to Demat Account | Dec 31, 2020 |
| Share Listing Date | Jan 1, 2021 |
