Antony Waste Handling Cell Limited IPO

Antony Waste Handling Cell Limited IPO Review

Antony Waste Handling Cell is among the top five companies in the Indian MSW (Municipal Solid Waste) management sector, having a 19-year track record of delivering solid waste collection, transportation, processing, and disposal services across the country, mostly to Indian municipalities. The firm is a significant participant in the landfill construction and management industry, having in-house experience in landfill construction as well as management. It is also prevalent in India’s developing waste management sector, which is MSW-based WTE (Waste to Energy).

As of 30 November 2018, the firm had completed more than 25 projects, 14 of which were MSW C&T projects, MSW processing projects, and automated sweeping projects. As of 30 November 2018, its 14 active projects included eight MSW C&T projects, one MSW processing (including WTE) project, and five automated sweeping projects. It is presently working on projects for the Municipal Corporation of Greater Mumbai (MCGM), Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), North Delhi Municipal Corporation (NDMC), Ulhasnagar Municipal Corporation (UMC), and Mangalore Municipal Corporation (MMC) (MMC).

Subscription Dates

4 – 16 March 2020 (Issue extended, later withdrawn)

Price Band

INR294 – 300 per share (revised from INR295 – 300)

Fresh issue

INR35 crore

Offer For Sale

5,700,000 shares (INR168.15 – 171 crore)

Total IPO size

INR203.15 – 206 crore

Minimum bid (lot size)

50 shares

Face Value 

INR5 per share

Retail Allocation

35%

Listing On

NSE, BSE

 FY2017FY2018FY2019H1 FY2020
Revenue291.2290.8298.5225.6
Expenses247.4242.0250.8176.7
Net income41.039.934.437.8
Net margin (%)14.113.711.516.8
 

Earnings Per Share (EPS): INR12.35
Price/Earnings (PE ratio): 23.89 – 24.29
Return on Net Worth (RONW): 18.10%
Net Asset Value (NAV): INR111.55 per share

Listing Performance of Antony Waste Handling Cell Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Antony Waste Handling Cell Limited IPO

 Jan 1, 2021

 315

 407.25

 29.29%

NSE : AWHCL

ISIN CODE : INE01BK01022

BSE : 543254

Geojit Financial Services – Subscribe
Kejriwal Research – Subscribe
Angel Broking – Neutral
SMC Global – 1.5/5
Choice Broking – Avoid
Samco Securities – Avoid
Prabhudas Lilladher – Avoid

IPO Opening Date: 4 March 2020 (IPO withdrawn due to volatile market conditions)
IPO Closing Date: 16 March 2020 (IPO withdrawn due to volatile market conditions)

Antony Waste Handling Cell Limited
1402 and 1404, 14th Floor,
Dev Corpora Building, Opp. Cadbury Company
Eastern Express Highway, Thane – 400 601, Maharashtra

Phone: +91 22 4100 9295
Email: investor.relations@antonyasia.com 

Website: www.antony-waste.com

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: antony.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

CategoryShares offered

Subscription (no. of times)

Day 1Day 2Day 3Day 4Day 5Day 6Day 7Day 8
QIB1,377,2880.000.000.880.890.890.890.890.88
NII1,032,9660.120.120.250.260.260.260.260.25
Retail2,410,2540.120.250.380.380.380.380.370.38
          
Total4,820,5080.090.150.490.500.500.50 0.49 0.49

Antony Waste Handling Cell Limited IPO FAQ's

Antony Waste Handling Cell Limited IPO is a main-board IPO of  9,523,345 per equity shares of the face value of ₹5 aggregating up to ₹300.00 Crores. The issue is priced at ₹313 to ₹315 per equity share. The minimum order quantity is 47Shares. The initial public offering (IPO) date Dec 21, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.

The Antony Waste Handling Cell Limited IPO opening date is Dec 21, 2021 and closing date is Dec 23, 2021.

Antony Waste Handling Cell Limited IPO Market lot size is 47 Shares and the minimum order quantity is 47 Shares.

Antony Waste Handling Cell Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The Basis of Allotment for Antony Waste Handling Cell Limited IPO will be done on Dec 29, 2021 and the allotted shares will be credited to your demat account by Dec 31, 2021. Check the Antony Waste Handling Cell Limited IPO allotment status.

The Antony Waste Handling Cell Limited IPO listing date is Jan 1, 2020.

Antony Waste Handling Cell Limited IPO Comments