Antony Waste Handling Cell’s ₹300-cr IPO gets subscribed 1.98 times on Day 1
Antony Waste Handling Cell is one of the top five players in the Indian Municipal Solid Waste management industry
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Mumbai:Antony Waste Handling Cell Ltd s (AWHCL) ₹300-crore initial public offering (IPO) was subscribed nearly 2 times on the first day, joining recent successes in the primary market such as Burger King India Ltd and Mrs Bectors Food Specialities Ltd.
The firm saw its IPO subscribed 1.98 times till the end of the first day on Monday, data from NSE showed. The issue closes Wednesday. The IPO attracted bids for more than 13.20 million shares compared with an issue size of 6.67 million shares. Qualified institutional buyers and non institutional investors have subscribed 0.63 and 0.08 times. Retail investor portion subscribed by 3.56 times.
Antony Waste Handling Cell s initial public offering was subscribed 1.98 times on the first day of subscription on Monday. The company has joined the likes of Burger King India and Mrs Bectors Food Specialities to have received oversubscription in a few hours of opening for subscription. The initial public offering (IPO), to raise about Rs 300 crore, received bids for 1,32,00,749 shares against 66,66,342 shares on offer, according to NSE data. The qualified institutional buyers (QIBs) category was subscribed 63 per cent, non-institutional investors portion 8 per cent and retail individual investors (RIIs) 3.56 times. The IPO comprises a fresh issue of Rs 85 crore and an offer for sale of 68,24,933 shares.
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 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.