Waste Management will be great business, in view of the initiatives by governments and increasing awareness among citizens. But not sure about the success of this IPO, as is being issued at wrong time.
Promoters may not be wanting to be participated by large number of investors knowingly when they are quite aware of the hype of the SBI Card IPO.
I would like to recall the poor response to the IPO of Indowind Energy of which retail portion was not subscribed fully and stock was sky rocketed on listing. Simultaneously I kindly request you all to not go by the current rate of 2.67/-
Wow ... what a shame !!!! Wasted time all this while and suddenly they woke up .. OMG its very interesting to see how they manage to float along with SBI . This IPO manager is either genius who knew everything or a dumbass , just letting it go in the air !!! Such arrogant time management...
Antony Waste Handling Cell is expected to launch its nearly Rs 300 crore initial public offering for subscription on March 4.
The IPO comprises a fresh issue of up to Rs 43.5 crore and an offer for sale of up to Rs 250 crore.
The offer for sale comprises a 94,42,164 equity shares by Leeds (Mauritius) (13,90,322 shares), Tonbridge (Mauritius) (20,85,502 shares), Cambridge (Mauritius) (20,65,300 shares) and Guildford (Mauritius) (39,01,040 shares).
The issue will close on March 6. The company proposed to utilise the net fresh issue proceeds towards the reduction of the aggregate outstanding borrowings. The company is one of the top five players in the Indian MSW management industry with an established track record of 17 years, providing a full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal services across the country, primarily catering to Indian municipalities.
Equirus Capital Private Limited is the sole book-running lead manager (BRLM) to the offer. The company does not have any listed industry peers in India.
Having undertaken more than 25 projects as of January 1, 2020, of which 17 are ongoing, the company demonstrated track-record as a comprehensive service provider equipped with the resources to handle large-scale projects for municipalities as well as private players. Its portfolio of 17 ongoing projects comprised 11 MSW C&T projects, 2 MSW processing (including WTE) project and 4 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), Pimpri Chinchwad Municipal Corporation (PCMC), the North Delhi Municipal Corporation (NDMC), the Mangalore Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), Nagpur Municipal Corporation (NMC) and the Greater Noida Industrial Development Authority (GNIDA).
21. Paymzia| Link| Bookmark|
February 24, 2020 12:34:36 PM
IPO Guru (2300+ Posts, 4400+ Likes)
Up to 300 cr. Fresh issue 43.5 cr. OFS. 9442164 shares Open march 4 Close march 6
20. KING VINOD| Link| Bookmark|
February 24, 2020 12:22:28 PM
IPO Guru (2400+ Posts, 5200+ Likes)
@ Johny you correct SEBI Approval Received for Antony Waste Handling Cell Ltd on 08 March 2019. ( SEBI Approval Valid only one year) So they need to open IPO by 08 March 2020. just 2 weeks time left for them. Small Issue Approx 350Crs ipo. lets see how it will going to subscribe.
19. KING VINOD| Link| Bookmark|
February 23, 2020 7:25:40 PM
IPO Guru (2400+ Posts, 5200+ Likes)
Antony Waste Handling Cell Ltd IPO Issue Apprx around 350 Crores. If issue opens after March10 then we can better Response because of SBI Cards Ipo.
19.1. Johny| Link| Bookmark|
February 24, 2020 11:09:41 AM
IPO Mentor (700+ Posts, 1000+ Likes)
Last date is 8th Mar so IPO cannot open after that date. I think they wanted to come after SBI cards and kept waiting. Unfortunately now they are running out of time. They should have opened it earlier and taken advantage of IRCTC momentum.
18. hchc| Link| Bookmark|
February 22, 2020 1:56:34 PM
Top Contributor (300+ Posts, 900+ Likes)
Dear Admin, please remove Anthony waste mgmt ipo as there is no news on this. We have logic for SBI page open, but no need to open Anthony one.. This is my view. We can open it when it's confirmed...
Dear Johny sir, yes it is SREI Infrastructure Finance Ltd SR VII (SREN 81). I have purchased on 24/12/2019 and received the NCDs in to D MAT Account of ICICI CREDIT on 27/12. Till date, I have not received the credit of the maturity value. May I have to wait for a couple of days? Please guide me sir.
Thanks to one and all, who have promptly responded. Just now, I have verified and found that the maturity value was credited. Thank you all once again.
12.2. AhireR| Link| Bookmark|
February 7, 2020 11:34:54 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Exit capacite..it will take long time to recover..Hold HDFC AMC..Add winners exit losers..Orient electric polycab metropolis ujjivan sfb avanti apex britannia au bank the list is endless..