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Antony Waste Handling Cell Limited (the “Company”), the 2nd largest player in the Indian MSW management industry has announced to open its Initial Public Offering. The issue will be opening on December 21, 2020 and will be open till December 23, 2020. Object of the Offer - The offer comprises of a Fresh Issue (₹85 cr) and an Offer for Sale (₹215cr at upper end of the price band) aggregating to ₹300cr. The Selling Shareholders are not part of the Promoter and Promoter Group. Proceeds from the fresh issue are proposed to be utilized for (1) Part-financing for PCMC WTE Project through investment in Subsidiaries, AG Enviro and/or ALESPL, (2) Reduction of consolidated borrowings of the Company and Subsidiaries by infusing debt in Subsidiary - AG Enviro for repayment / prepayment of portion of their outstanding indebtedness and (3) General corporate purposes. Bids can be made for a minimum lot of 47 Equity Shares and in multiples of 47 Equity Shares thereafter. The Equity Shares are proposed to be listed on BSE and NSE. The Company proposes to utilise the Net Proceeds towards: (i) Part-financing for waste-to-energy project at Pimpri Chinchwad through investment in its subsidiaries, AG Enviro and/ or ALESPL, (ii) Reduction of consolidated borrowings of the Company and its subsidiaries by infusing debt in its subsidiary - AG Enviro for repayment / prepayment of portion of their outstanding indebtedness and (iii) general corporate purposes. Equirus Capital Private Limited and IIFL Securities Limited are the Book Running Lead Managers (“BRLMs”) to the Issue.
Company
Antony Waste Handling Cell Ltd
Issue Type
(Book Built Portion)
Issue Size (In ` Crore)
~₹300
Lot Size
47 Equity Shares
Open Date
21 Dec
Close Date
23 Dec
Offer Price
₹313 to ₹315 per equity share
DRHP
Click Here
(₹ cr, except percentages)
FY18
FY19
FY20
H1FY21
Revenue from operations
276
284
451
207
EBITDA
70
76
126
52
EBITDA Margins (%)
25.3
26.9
27.9
25.0
Net Profit
29
27
42
20
Diluted EPS
13.5
12.5
27.5
7.7
ROE (%)
24.5
18.2
20.1
8.5^
P/E
23.4
11.5
-
Source: RHP, ^not annualized
You can apply for the Antony Waste Handling IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.
You can use BHIM UPI App, along with BHIM Axis Pay (only android), BHIM SBIPay (only android), Citi Mobile (android & iOS), Google Pay (android & iOS), HSBC Simply Pay (android & iOS), iMobile by ICICI Bank (android users), Phone-Pe (android & iOS). Check the full list of supported apps live on IPO
The face value would be ₹5 per equity share.
Minimum Investment Required - Lot size – 47 * Issue Price ₹315 = ₹14,805 Hence the minimum investment amount required to invest in Antony Waste Handling IPO is ₹14,405. Maximum Investment Required - As per the maximum limit that is allowed by SEBI you can apply for 13 lots. Lot size – 611 * Issue Price ₹315 = ₹192,465
No, one bank account one IPO application is allowed.
Cut off price is the price at which investors get the shares issued. An investor can place the bid for the desired quantity at either equal to or higher than the price within the applicable range. This bid price also known as “Cut off price” for Antony Waste Handling IPO is ₹14,805.
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Antony Waste Handling Cell Ltd. - Information Note
Antony Waste Handling Cell Ltd is coming out with an IPO which opens on December 21. Know more details about Antony Waste Handling Cell Ltd IPO from 5paisa.com Read More
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