Mutual funds, as experts and custodians of another set of retail investors savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu.
Antony Waste Handling Cell Limited raises Rs 89.99 crore from 10 anchor investors
Posted On: 2020-12-19 21:52:24 (Time Zone: Arizona, USA)
Antony Waste Handling Cell Limited (the Company ), the 2nd largest player in the Indian MSW management industry which is estimated at INR 500 billion For FY2020 with an established track record of more than 19 years, allotted 2,857,003 equity shares to 10 anchor investors and raised Rs 89.99 crore ahead of the company s proposed IPO at an upper price band of Rs 315 per equity shares.
The anchor allocation is as follows:
Massachusetts Institute of Technology - 44.44%
SBI Equity Savings Fund - 13.30%
SBI Infrastructure Fund - 11.11%
Tata AIG General Insurance Company Limited - 5.56%