Antony Waste Handling Cell IPO Details

Antony Waste Handling Cell IPOAntony IPO description – Antony Waste Handling Cell is one of the top five players in the Indian MSW (Municipal Solid Waste) management industry with an established track record of 19 years, providing services such as solid waste collection, transportation, processing and disposal services across the country, primarily catering to Indian municipalities. The company is among the key players in landfill construction and management sector with in-house expertise for landfill construction along with its management. It is also present in the emerging waste management area in India which is MSW based WTE (Waste to Energy). The company undertakes MSW C&T projects, MSW processing projects and mechanized sweeping projects and has undertaken more than 25 projects as of 15 November 2020, of which 18 are ongoing. Its portfolio of ongoing projects comprised 12 MSW C&T projects, two MSW processing (including WTE) project and four mechanized sweeping projects. It is currently undertaking projects for the Municipal Corporation of Greater Mumbai (MCGM), the Navi Mumbai Municipal Corporation (NMMC), the Thane Municipal Corporation (TMC), the North Delhi Municipal Corporation (NDMC), the Mangalore Municipal Corporation (MMC) and the Greater Noida Industrial Development Authority (GNIDA). It is also currently undertaking a project for Jaypee International Sports. In the past, it has also undertaken projects for Municipal Corporation of Delhi (MCD), Municipal Corporation, Gurgaon (MCG), Ulhasnagar Municipal Corporation (UMC), Amritsar Municipal Corporation (AMC), Kalyan Dombivali Municipal Corporation (KDMC) and Jaipur Municipal Corporation (JMC).

Promoters of Antony Waste Handling Cell – Jose Jacob Kallarakal, Shiju Jacob Kallarakal and Shiju Antony Kallarakkal
Antony IPO details
Subscription Dates 21 – 23 December 2020 
Price Band INR313 – 315 per share
Fresh issue INR85 crore
Offer For Sale 6,824,933 shares (INR213.62 –  214.98 crore) 
Total IPO size INR298.62 – 299.98 crore
Minimum bid (lot size) 47 shares
Face Value  INR5 per share
Retail Allocation 35%
Listing On NSE, BSE

 

Antony Waste Handling Cell’s financial performance (in INR crore)

  FY2018 FY2019 FY2020 H1 FY2021
Revenue 290.8 298.5 464.6 215.1
Expenses 242.0 250.8 379.4 185.2
Net income 39.7 34.7 60.9 28.9
Net margin (%) 13.7 11.6 13.1 13.4

Antony Waste Handling Cell Contact Details

Antony Waste Handling Cell Limited
1402 and 1404, 14th Floor
Dev Corpora Building
Opp. Cadbury Company
Eastern Express Highway
Thane – 400 601, Maharashtra
Phone: +91 22 4100 9295
Email: [email protected]
Website: www.antony-waste.com

Registrar of Antony Waste Handling Cell IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Valuation of Antony Waste Handling (as of FY2020)

Earnings Per Share (EPS): INR27.48
Price/Earnings (PE ratio): 11.39 – 11.46
Return on Net Worth (RONW): 20.09%
Net Asset Value (NAV): INR136.81 per share

Antony IPO Subscription Details

Category Shares offered Subscription (no. of times, at 5 PM)
Day 1 Day 2 Day 3
QIB 1,904,669 0.63 0.64 9.67
NII 1,428,502 0.08 0.27 18.68
Retail 3,333,171 3.55 7.21 16.54
         
Total 6,666,342 1.97 3.85 15.04

Antony Waste Handling IPO Analyst Reviews

Angel Broking – Neutral
BP Wealth – Avoid
Choice Broking – Subscribe with Caution
Prabhudas Lilladher – Subscribe
Samco Securities – Subscribe for listing gains
SMC Global – 2/5

 

Antony IPO Allotment Status

Antony IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

Listing Performance of Antony Waste Handling Cell

IPO Opening Date: 21 December 2020
IPO Closing Date: 23 December 2020
Finalisation of Basis of Allotment: 29 December 2020
Initiation of refunds: 30 December 2020
Transfer of shares to demat accounts: 31 December 2020
Listing Date: 1 January 2021
Opening Price on NSE: INR436.1 per share (up 38.44% from IPO price)
Closing Price on NSE: INR407.35 per share (up 29.32% from IPO price)

8 COMMENTS

  1. This company came earlier also with iPO and was unsuccessful. This time markets are high and everyone plan to cash. Avoid hai total!

  2. There is no competitor of this company and it is into providing such basic service that many cities struggle with. No choice but better future for Antony, lot of business.

  3. An IPO at reasonable valuations after a long time.

    Markets are high that shouldn’t be a reason to avoid good IPOs. Antony Waste has a good business and trustworthy management and they have done well in these years. In my understanding, it is rare that a high ROE (>20%) business is available at low PE ratio in rising markets. It is a must apply IPO in my books.

    Even if it lists low, I wouldn’t mind holding it in my portfolio for another 1-2 years. Good businesses have a tendency of bouncing back and coming close to their real value.

  4. ❇❇❇❇❇❇❇❇

    Antony Waste Handling Cell IPO

    Last Traded
    GMP 175 +/- 1
    Kostak 600 +/- 10
    Subject to 7000

    ❇❇❇❇❇❇❇❇❇

    Indian Railway Finance Corporation IPO

    GMP 1.70 +/- 0.25
    Kostak 400 +/- 10

    💠💠💠💠💠💠💠💠💠

    *To join our WhatsApp group send your name and city on our WhatsApp number 9122182978*

    Only WhatsApp

  5. Antony Waste Handling Cell IPO

    GMP 125 +/- 1
    Kostak 425 +/- 10
    Subject to 5,000

    Counter is dry
    No Volumes
    Only Bhav

    💠💠💠💠💠💠💠

    *To join our WhatsApp group send your name and city on our WhatsApp number 9122182978*

    Only WhatsApp

  6. Any one want to sell ur antony waste application? Contact on 8141271303
    U can also contact for future ipo

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