Antony Waste Handling Cell IPO: Issue Price, Issue Size, GMP & Important Dates.

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Antony Waste Handling Cell IPO
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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. 
IRFC IPO: Issue Price, Issue Size, GMP & Important Dates.

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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