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 The company had withdrawn its IPO in March following tepid investor response and extremely weak markets.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.
Antony Waste Handling Cell IPO to open on Dec 21: 10 things to know
Antony Waste Handling Cell plans to raise Rs 300 crore through the IPO which will close on December 23
BusinessToday.In | December 18, 2020 | Updated 16:58 IST
Price band for Antony Waste Handling Cell IPO has been fixed at Rs 313-315 per share
Antony Waste Handling Cell will open its initial public offer (IPO) on December 21. India s second-largest municipal solid waste management (MSW) company plans to raise Rs 300 crore through the IPO, which will close on December 23. Here are 10 ten things to know about the upcoming share sale:
Price band for the IPO has been fixed at Rs 313-315 per share. The firm had withdrawn its IPO in March this year due to adverse ,market conditions arising out of the coronavirus pandemic. Price band for the share sale was fixed at Rs 295- 300 per share at that time.
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Antony Waste Handling Cell IPO to open on Dec 21; sets price band at Rs 313-315 per share
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Antony Waste Handling Cell IPO to open on Dec 21; sets price band at Rs 313-315 per sharePTI
Last Updated: Dec 17, 2020, 06:46 PM IST
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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.
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Antony Waste Handling Cell Ltd on Thursday said it will float its Rs 300-crore initial share sale on December 21.
The price band has been fixed at Rs 313-315 per share for its initial public offer (IPO), the company said in a statement.
Antony Waste Handling Cell IPO to open Dec 21; price band at Rs 313-315/share
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.
By: PTI | New Delhi | December 17, 2020 5:46:33 pm
The price band has been fixed at Rs 313-315 per share for its initial public offer (IPO), the company said in a statement. (Image source: Pixabay)
Antony Waste Handling Cell Ltd on Thursday said it will float its Rs 300-crore initial share sale on December 21.
The price band has been fixed at Rs 313-315 per share for its initial public offer (IPO), the company said in a statement.
Antony Waste Handling to raise ₹300 crore via IPO
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Antony Waste Handling Cell Ltd., the second largest player in the Indian municipal solid waste management industry, said it will tap the capital market with an initial public offering (IPO) to raise ₹300 crore through the issue of primary shares and offer for sale.
The IPO will open on December 21. The price band has been fixed at ₹313-₹315 per equity share.
The primary issue is of ₹85 crore and the proceeds would be utilised for capital investment in a waste-to- energy project and part retirement of debt.
The offer for sale of up to 6,824,933 equity shares comprise of up to 1,390,330 shares by Leeds (Mauritius) Ltd, up to 2,085,510 shares by Tonbridge (Mauritius) Ltd, up to 1,158,667 shares by Cambridge (Mauritius) Ltd and up to 1,158,667 shares by Guildford (Mauritius) Ltd. Post issue these entities will retain 19.2% stake in the company.