About Antony Waste Handling Cell Limited:
Antony Waste IPO initially came in March, 2020 but not get enough subscription due to Corona virus scare.
Incorporated in 2001, Antony Waste Handling Cell Limited is one of the leaders in India’s Municipal Solid Waste Management (MSW) industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. It also plays a leading position in the landfill construction and management sector.
The company’s key business operations include MSW C&T, MSW processing, and Mechanized sweeping project. As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects. The company is undertaking many projects of Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), Pimpri Chinchwad Municipal Corporation (PCMC), Mangaluru Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), and Greater Noida Industrial Development Authority (GNIDA). It has a waste processing plant at the Kanjurmarg site.
Key Business Activities:
- MSW C&T Project: MSW collection from commercial establishments, households, and community bins.
- MSW Processing Project: Sorting and segregating waste from MSW C&T through composting, shredding, recycling, etc.
- Mechanized sweeping Project: Deploying power sweeping machines, maintenance, consumables, safe waste disposal, and others to complete cleaning operations.
Who are the company promoters?
Jose Jacob Kallarakal, Shiju Jacob Kallarakal, and Shiju Antony Kallarakkal are the promoters of the company.
Objects of the Issue:
The company proposes to utilize funds towards the following objects:
- To finance PCMC WTE Project through investment in subsidiaries
- To pay-off company’s consolidated borrowings by infusing debt in Subsidiary-AG Enviro
- To meet general corporate purposes.
Antony Waste IPO Details:
| IPO Date | Dec 21 to Dec 23, 2020 |
| Face Value | Rs 5 per share |
| IPO Price band | Rs 313 – 315 per share (Tentative) |
| Issue Size | Total of Rs 300 Crores (approx) Fresh issue – Rs 85 Crores OFS – Rs 215 Crores |
| IPO Lot Size | 45 shares |
| Lead Managers | Equirus and IIFL Securities |
| Listing at | BSE and NSE |
Antony Waste IPO Schedule:
| Offer Open | 21-Dec-20 |
| Offer close | 23-Dec-20 |
| Finalization of Basis of Allotment | 29-Dec-20 |
| Unblocking of ABSA and Initiation of Refunds | 30-Dec-20 |
| Credit of shares to Demat Accounts | 31-Dec-20 |
| IPO Shares Listing Date | 1-Jan-21 |
Company Financials:
| Fin. Year ending |
Total Revenues (Rs in Millions) | Profits after tax (Rs in Millions) |
Profit % |
|---|---|---|---|
| Mar-2018 | 2,907.7 | 398.8 | 13.7% |
| Mar-2019 | 2,985.1 | 346.8 | 11.6% |
| Mar-2020 | 4,646.1 | 620.7 | 13.4% |
Please find below the link to download application forms of Anthony Waste Handling Cell Limited IPO.
https://www.nseindiaipo.com/issueforms/html/index.jsp
Steps to download applications forms :- Click on link https://www.nseindiaipo.com/issueforms/html/index.jsp –> select symbol(ANTONY) –>Blank Application Form Download
Kindly put code on the application form as per details given below. If you not mention code on the application forms then same applications will be not considered for brokerage or other incentives.
| Member of the Syndicate’s Code | Broker’s/Agents Code |
| Equirus Capital | Sharekhan Ltd 01/0748-4 |
Do not take photocopies of the E-FORM as each download will have a unique application number.