The issue received bids for 2.56 crore shares as against 66.66 lakh shares on offer.The initial public offer (IPO) of Antony Waste Handling Cell received bids for 2.56 crore shares as against 66.66 lakh shares on offer as on Tuesday (22 December 2020), according to the National Stock Exchange (NSE) data. The issue was subscribed 3.85 times.
The issue opened for subscription yesterday (21 December 2020) and it will close on Wednesday (23 December 2020). The price band for the IPO is set at Rs 313-315 per share. An investor can bid for a minimum of 47 equity shares and in multiples thereof.
The issue comprises of a fresh issue worth Rs 85 crore and an offer for sale (OFS) of 68,24,933 equity shares by existing shareholders.