The Antony Waste Handling Cell IPO bought in for 9.25% in the first-day subscription process. The Initial public offering got a 13% membership in the second day membership process. Likewise, the Initial public offering bought in for 39% in the most recent day membership process. Also, the organization offered an underlying open idea for Rs 206cr.
The company got bids for 6,45,100 shares and the size of the Initial public offering is 48,20,508 eq shares. The price band of the IPO is between Rs 295 and Rs 300 for each eq share for the subscription period.
Additionally, the IPO offered a crisp issue for Rs 35 cr worth of 57,00,000 eq shares, and the organization previously acquired Rs 60.94 cr from the three anchor investors.
Category wise subscription details:
Category
First-Day (March 4)
Second-Day (March 5)
Third-Day (March 4)
QIBs
0.00x
0.00x
0.89x
NIIs
0.13x
0.13x
0.26x
RIIs
0.12x
0.26x
0.38x
Total
0.09x
0.16x
0.50x
In general for 3 days membership, the certified institutional purchasers got 0.89x offers and bought in for 1,377,288 offers. The National institutional investors got 0.26x offers and bought in for 1,032,966 offers. The Retail singular speculators got 0.50x offers and bought in for 4,820,508 offers.
Besides, the organization has benefit after tax of Rs 41.04 cr, Rs 39.88 cr, and Rs 34.42 for FY 17, FY18, and FY19. By FY22, the company needs to extend its MSW generation to 70 million tons for each day with 5% of yearly development. From India's whole waste administration showcase around Rs 4,920cr right now Rs 3,000cr acquire from the MSW.