Antony Waste Handling Cell IPO opens today: 10 things to know
Antony Waste Handling Cell IPO: India s second-largest municipal solid waste management (MSW) company plans to raise Rs 300 crore through the share sale
BusinessToday.In | December 21, 2020 | Updated 11:16 IST
Antony Waste Handling Cell IPO will close on December 23
Antony Waste Handling Cell has launched its initial public offer (IPO) today. The firm, which is India s second-largest municipal solid waste management (MSW) company, plans to raise Rs 300 crore through the IPO. The share sale will close on December 23. Analysts have a subscribe call on the issue but with cautious approach.
Here are 10 ten things to know about the ongoing share sale:
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Antony Waste Handling Cell garners Rs 90 crore from anchor investors ahead of IPO financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Antony Waste Handling Cell garners Rs 90 cr from anchor investors ahead of IPO
New Delhi, Dec 19: Antony Waste Handling Cell Ltd on Saturday said it has raised Rs 90 crore from anchor investors ahead of its initial share-sale, which will open for public subscription on Monday.
The company allotted 2,857,003 equity shares at Rs 315 apiece to 10 anchor investors to raise Rs 89.99 crore, Antony Waste Handling Cell said in a statement.
The anchor investors include Massachusetts Institute of Technology, Tata AIG General Insurance Company Ltd ,SBI Equity Savings Fund and SBI Infrastructure fund, among others.
The IPO comprises fresh issuance of shares worth Rs 85 crore and an offer-for-sale of 68,24,993 equity shares by existing shareholders.
Antony Waste Handling Cell IPO to open on Monday: 10 things to know
AWHCL reported a revenue CAGR of 27.73% from FY18 to FY20, and an EBITDA CAGR of 28.65%
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At the upper end of the price band, the IPO is estimated to fetch ₹300 crore
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New Delhi: Antony Waste Handling Cell Ltd (AWHCL) on Saturday said it has raised ₹90 crore from anchor investors ahead of its initial public offering (IPO), which will open for public subscription on Monday. The company had withdrawn its IPO in March following tepid investor response and extremely weak markets.
The three-day issue will close on 23 December.