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.
Antony Waste IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹313 to ₹315 per equity share |
| Market Lot | 47 Shares |
| Min Order Quantity | 47 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543254 |
| NSE Symbol | AWHCL |
| ISIN | INE01BK01022 |
| Issue Size | Aggregating up to ₹300.00 Cr |
| Fresh Issue | Aggregating up to ₹85.00 Cr |
| Offer for Sale | Aggregating up to ₹215.00 Cr |
Antony Waste IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | Dec 21, 2020 |
| IPO Close Date | Dec 23, 2020 |
| Basis of Allotment Date | Dec 29, 2020 |
| IPO Listing Date | Jan 1, 2021 |
Antony Waste IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 47 | ₹14,805 |
| Maximum | 13 | 611 | ₹192,465 |
Company Financials:
| PARTICULAR | 30-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 7,075.67 | 6,721.03 | 5,126.38 | 4,280.70 |
| Total Revenue | 2,151.01 | 4,646.11 | 2,985.18 | 2,907.78 |
| Profit After Tax | 290.50 | 620.76 | 346.82 | 398.84 |
Company Promoters:
Jose Jacob Kallarakal, Shiju Jacob Kallarakal, and Shiju Antony Kallarakkal are the promoters of the company.
Objects of the Issue:
- To finance PCMC WTE Project through investment in subsidiaries
- To pay-off company’s consolidated borrowings by infusing debt in Subsidiary-AG Enviro
- To meet general corporate purposes.
Registrar & Company Information
| Antony Waste IPO Registrar | Company Contact Information |
| Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: antony.ipo@linkintime.co.in Website: http://www.linkintime.co.in | Antony Waste Handling Cell Limited 1403, 14th Floor, Dev Corpora Building Opp. Cadbury Company, Eastern Express Highway Thane – 400 601 Phone: +91 (22) 4100 9295 Email: investor.relations@antonyasia.com Website: http://www.antony-waste.com/ |
