Antony Waste Handling Cell was incorporated on January 17, 2001. The company is in the Indian MSWmanagement industry providing full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal servicesacross the country, primarily catering to Indian municipalities
| Bidding Dates |
|---|
| 21 Dec 2020 - 23 Dec 2020 |
| Subscription |
|---|
| 15.04x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,805 | 1 | 13 | 47 | 9.5 M | ₹313 - ₹315 | 66.33 % | ₹2980.8 M - ₹2999.9 M | RHP DOC |
Antony Waste Handling IPO SUBSCRIPTION STATUS
23 Dec '20Antony Waste Handling IPO overall subscription rate was 15.04 times the total available shares
Antony Waste Handling IPO retail subscription rate was 16.55 times in the retail segment
Antony Waste Handling IPO non-institutional investor subscription rate was 18.69 times in the non-institutional investor category
Antony Waste Handling IPO Qualified Institutional Bidder subscription rate was 9.67 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
23 Dec 2020 (Day 3) | 16.55x | 18.69x | 9.67x |
22 Dec 2020 (Day 2) | 7.22x | 0.28x | 0.64x |
21 Dec 2020 (Day 1) | 3.56x | 0.08x | 0.63x |
Antony Waste Handling FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| H1FY21 | 290.5 | 2,073.9 | 370.8 | 325.9 |
| FY20 | 620.8 | 4,505.1 | 957.9 | -123.8 |
| FY19 | 346.8 | 2,836.9 | 306.9 | -316.0 |
| FY18 | 398.8 | 2,761.4 | 360.5 | 334.0 |
Antony Waste Handling IPO SUBSCRIPTION STATUS DETAILS
Antony Waste Handling had 9.5 M shares on offer
Antony Waste Handling IPO offer price was in the range ₹313 - ₹315
Antony Waste Handling IPO minimum Investment was ₹14805
Antony Waste Handling IPO issue size was ₹ 2980.8 M - ₹ 2999.9 M
Antony Waste Handling had a minimum lot size of 47 Shares per application
Antony Waste Handling NUMBER OF SHARES ON OFFER
Antony Waste Handling IPO IMPORTANT DATES
| Issue Open Date | 21 Dec 2020 |
| Issue close Date | 23 Dec 2020 |
| Allotment Date | 29 Dec 2020 |
| Refund Date | 30 Dec 2020 |
| Demat Account Credit Date | 31 Dec 2020 |
| Listing Date | 01 Jan 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Antony Waste Handling Allotment Status | Exchange |
Antony Waste Handling IPO subscription opened on 21 Dec 2020, and closed on 23 Dec 2020
IPO allotment for Antony Waste Handling was finalized on Tuesday, 29 Dec 2020
IPO listing for Antony Waste Handling was on NSE and BSE on Friday, 01 Jan 2021
Antony Waste Handling IPO LISTING GAINS
| Issue Price (adjusted) | 315.0 |
| Listing Open Price | 430.0 |
| Listing Close Price | 407.3 |
| Listing Gain% | 36.5% |
| Current Gain% | 32.0% |
Antony Waste Handling Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Antony Waste Handling Cell Ltd. | 415.8 | 1176 | 15.6 | -1.3 | 1.1 | 10.2 | 4.3 | 1084.1 | 13.1 | 75.4 | -11.6 | 26.6 | -11.6 |
| EMS Ltd. | 404.4 | 2245.7 | 24.8 | -0.5 | 3.1 | 8.6 | 6.8 | 745 | -24.1 | 90.5 | -50.7 | 16.3 | -50.8 |
| Eco Recycling Ltd. | 498.4 | 961.8 | 41.5 | 73.6 | 20 | 20.9 | 17.2 | 52.8 | 14.1 | 23.1 | -64.9 | 12 | 0.6 |
| Concord Enviro Systems Ltd. | 276 | 571.1 | 39.1 | -0.5 | 1 | 3.4 | 2.1 | 585.7 | -2.3 | 19.8 | -61.6 | 7 | -71.7 |
| Hi-Green Carbon Ltd. | 139 | 347.2 | 101.2 | 3.8 | 2 | 141.3 | 43 | 3.4 | -69.2 | 1.4 | |||
| Race Eco Chain Ltd. | 108.8 | 187.7 | 27.7 | -4.6 | 0.3 | 9.1 | 3.1 | 620.4 | 11.6 | 6.8 | 73.8 | 3.9 | -6.1 |
Antony Waste Handling INFORMATION ON IPO ISSUE
About Antony Waste Handling
Antony Waste Handling Cell was incorporated on January 17, 2001. The company is in the Indian MSWmanagement industry providing full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal servicesacross the country, primarily catering to Indian municipalities
Object of the Issue
1. To finance PCMC WTE Project through investment in subsidiaries
2. To pay-off company's consolidated borrowings by infusing debt in Subsidiary-AG Enviro
3. To meet general corporate purposes.
Antony Waste Handling - PROMOTERS
| Name |
|---|
| Jose Jacob Kallarakal, |
| Shiju Jacob Kallarakal |
| Shiju Antony Kallarakkal |
Antony Waste Handling Book Running Lead Managers
Equirus Capital Private Limited
awhcl.ipo@equirus.com
IIFL Securities Limited
awhcl.ipo@iiflcap.com
Antony Waste Handling Registrar to the Offer
Link Intime India Private Limited
antony.ipo@linkintime.co.in
Antony Waste Handling Strengths
Leading player
Leading player in the MSW management industry
Consistent track record
Consistent track record of MSW project execution
Project portfolio
The company has diversified project portfolio
Latest technology
Latest technology tools, vehicles, and equipment
Experienced team
Experienced team of promoters
Antony Waste Handling Risks
Dependent on limited customers
The company is dependent on a limited number of customers for a significant portion of the revenue and operates in limited geographies for the majority of the income
Legal proceedings
There are outstanding legal proceedings involving the Company, its Subsidiaries, its Directors and its Promoters
Negative cash flows
The company has had negative cash flows in the past and may have negative cash flows in the future.
IPO FAQs
This IPO consists of an offer for sale of up to Rs 215.0 crore, of 6,824,933 shares. It also consists of a fresh issue of Rs 85.0 crore.
The promoters of the company are Jose Jacob Kallarakal,, Shiju Jacob Kallarakal and Shiju Antony Kallarakkal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 313.0 - 315.0.
The IPO application opens on Dec 21, 2020 and closes on Dec 23, 2020.
The minimum lot size for the IPO is 47. The maximum lot size for the IPO is 611.
For all category investors, the minimum application amount for this IPO is Rs. 14,805.0, the maximum value for this IPO is Rs 192,465.0.
This IPO will be allotted on Dec 29, 2020.
The refund will be credited to your account on Dec 30, 2020.
The allotted shares will be credited to your demat on Dec 31, 2020.
Antony Waste Handling Cell Ltd.’s shares listed on the stock exchanges on Jan 01, 2021.