Antony Waste Handling Cell Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,761,672 (50%) | — | ₹14,999 Cr |
| NII (HNI) | — | 1,428,502 (15%) | — | ₹4,500 Cr |
| Retail | — | 3,333,171 (35%) | — | ₹10,499 Cr |
| Σ Total | — | 9,523,345 (100%) | — | ₹299,985 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| S-HNI (Min) | 14 | 658 | ₹207,270 |
| B-HNI (Min) | 67 | 3,149 | ₹991,935 |
Financial Statements Amount in Crore
| Metric | 30-Sept-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 215 | 465 | 299 |
| Profit After Tax | 29 | 62 | 35 |
| Total Assets | 708 | 672 | 513 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Part-financing for PCMC WTE Project through investment in our Subsidiaries, AG Enviro and/orALESPL – 40.00
- 2 Reduction of the consolidated borrowings of our Company by infusing debt in our Subsidiary -AG Enviro for repayment / prepayment of portion of their outstanding indebtedness – 38.50
- 3 General corporate purposes – 0.50
Company Overview
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.
Competitive Strengths
- Leading player in the MSW management industry.
- Consistent track record of MSW project execution.
- Diversified project portfolio.
- Latest technology tools, vehicles, and equipment
- Experienced team of promoters.