Antony Waste Handling Cell IPO is one of the leaders in India’s Municipal Solid Waste Management (MSW) industry and is all set to make a debut in the stock market with an issue size of 300 Cr.
Antony Waste Handling Cell IPO – Overview
| ANTONY WASTE HANDLING CELL IPO Issue Date | 21-23 December 2020 |
| ANTONY WASTE HANDLING CELL IPO Opening Date | 21 Dec 2020 |
| ANTONY WASTE HANDLING CELL IPO Face Value | INR 10 per share |
| ANTONY WASTE HANDLING CELL IPO Price | INR 26 per share |
| ANTONY WASTE HANDLING CELL IPO Lot Size | 47 Shares |
| Issue Size | 4633.38 Cr |
| Offer for sale | 215 Cr |
| Issue Type | Book built Issue IPO |
| Listing At | BSE, NSE. |
| QIB Shares Offered | 9.67 times |
| NII (HNI) Shares | 18.69 times |
| Company Promoters | Jose Jacob Kallarakal, Shiju Jacob Kallarakal, and Shiju Antony Kallarakkal are the promoters of the company. |
Antony Waste Handling Cell IPO -Tentative Dates
| ANTONY WASTE HANDLING CELL IPO opening date | 21 Dec 2020 |
| ANTONY WASTE HANDLING CELL IPO closing date | 23 Dec 2021 |
| Basis of Allotment | 29 Dec 2021 |
| Initiation of Refunds | 30 Dec 2021 |
| The credit of Shares to Demat | 31 Dec 2021 |
| ANTONY WASTE HANDLING CELL IPO Listing Date | 1 Jan 2021 |
Antony Waste Handling Cell IPO – Industry Overview.
Urbanization is a critical factor driving the MSW generation in the country. Changing lifestyle patterns, increasing disposable incomes, have paved way for consumerism; have also contributed to waste generation in urban India. MSW generation is expected to grow at a CAGR of 8.9% (FY2020-25) to reach 115 million TPA by FY2025.
Company Overview
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.
Objectives Of The Issue
- Part-financing for PCMC WTE Project through investment in its subsidiaries – AG Enviro and/or ALESPL.
- Reduction of the consolidated borrowings of the Company and Subsidiaries by infusing debt in its subsidiary – AG Enviro for repayment/prepayment of a portion of their outstanding debt.
- General corporate purposes.
Financial Statements
| Particulars | 30-Sept-20 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 7,075.67 | 6,721.03 | 5,126.38 |
| Total Revenue | 2,151.01 | 4,646.11 | 2,985.18 |
| Profit After Tax | 290.50 | 620.76 | 346.82 |
Strengths
- Leading player in the MSW management industry.
- Consistent track record of MSW project execution.
- Diversified project portfolio.
- Latest technology tools, vehicles, and equipment
- Experienced team of promoters.
Weakness
- The company is exposed to risks related to availability and cost of fuel and electricity for its projects which could adversely affect its business and results of operations. Any anticipated fluctuations in fuel costs may adversely affect the business and profitability.
Company Contact Information
Antony Waste Handling Cell Limited
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 Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: antony.ipo@linkintime.co.in
Website: https://linkintime.co.in/
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