Antony Waste Handling Cell Limited IPO (Antony Waste IPO)

Antony Waste IPO , GMP, Allotmrnts Dates
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Incorporated in 2001, 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.

The company’s key business operations include MSW C&T, MSW processing, and Mechanized sweeping project. As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects.

The company is undertaking many projects of Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), Pimpri Chinchwad Municipal Corporation (PCMC), Mangaluru Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), and Greater Noida Industrial Development Authority (GNIDA). It has a waste processing plant at the Kanjurmarg site.

AntonyWaste IPO

Key Business Activities

  1. MSW C&T Project: MSW collection from commercial establishments, households, and community bins.
  2. MSW Processing Project: Sorting and segregating waste from MSW C&T through composting, shredding, recycling, etc.
  3. Mechanized sweeping Project: Deploying power sweeping machines, maintenance, consumables, safe waste disposal, and others to complete cleaning operations.

Competitive 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.

Company Promoters

Jose Jacob Kallarakal, Shiju Jacob Kallarakal, and Shiju Antony Kallarakkal are the promoters of the company.

Company Financials

ParticularsFor the year/period ended (₹ in million)
31-Mar-2031-Mar-1931-Mar-18
Total Assets6,721.035,126.384,280.70
Total Revenue4,646.112,985.182,907.78
Profit After Tax620.76346.82398.84

Objects of the Issue

The company proposes to utilize funds towards the following objects:

  • To finance PCMC WTE Project through investment in subsidiaries
  • To pay-off company’s consolidated borrowings by infusing debt in Subsidiary-AG Enviro
  • To meet general corporate purposes.
Object Of The Issue
Antony Waste

Antony Waste IPO Details

IPO Opening DateDec 21, 2020
IPO Closing DateDec 23, 2020
Issue TypeBook Built Issue IPO
Face Value₹5 per equity share
IPO Price[313] to [315] per equity share
Market Lot47 Shares
Min Order Quantity47 Shares
Listing AtBSE, NSE
Issue Size₹300 Cr.
Offer for Sale6,824,933 Eq Shares of ₹5

Antony Waste IPO – Schedule

The Antony Waste IPO open date is Dec 21, 2020, and the close date is Dec 23, 2020. The issue may list on Jan 1, 2021.

IPO Open DateDec 21, 2020
IPO Close DateDec 23, 2020
Basis of Allotment DateDec 29, 2020
Initiation of RefundsDec 30, 2020
Credit of Shares to Demat AccountDec 31, 2020
IPO Listing DateJan 1, 2021

Antony Waste IPO Lots Size & Price (Retail)

ApplicationLotsSharesAmount ( Cut-Off)
Minimum14714,805
Maximum136111,92,465

Antonywaste IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

AntonyWaste IPO
How To Apply For IPO

Apply For Antonywaste IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the Antonywaste IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an Antonywaste IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

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
Websitehttp://www.antony-waste.com/

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