In the list of upcoming IPO 2020, Antony Waste Handling Cell Ltd is planning to launch IPO of 206.00cr. Antony Waste IPO will open on 4 March 2020. Antony Waste Handling Cell Limited was incorporated in the year 2001, and is engaged in providing Municipal Solid Waste Management. It provide services which include:
of solid waste
and disposal of waste.
These services are offered to municipalities.
The company also has an in-house expertise in landfill
construction and management sector.
Antony Waste Handling Cell is a part of the Antony group. The
Antony group has a diversified business model that includes ancillary and
automotive body-building industries.
The company has completed 25 projects for municipalities and
private players till Jan 2020.
Major clients of the company are:
Corporation of Delhi
Dombivali Municipal Corporation
It mainly takes MSW processing projects, MSW C&T
projects, and mechanized sweeping projects.
Currently it has 1089 vehicles for completing its projects.
The components of these vehicles are obtained from international suppliers
named BUCHER Municipal AG and Compost System GmbH.
It is a
leading MSW Management service provider in the country.
company has experience in handling more than 25 MSW projects at a time.
vehicles are modern and well-maintained.
The promoters of the company are:
Objectives of Antony Waste IPO
With the issue, the company proposes to utilize the Net
Proceeds towards the funding of its following objectives:
of the aggregate outstanding borrowing of the Company on a consolidated basis.
Financials of the Antony Waste Cell Ltd:
Here is the summary of the financial information of the company
Issue Details of Antony Waste IPO:
March 2020- 6th March 2020
Built Issue IPO
440 equity shares of Rs.5 each (aggregating up to Rs.206.00 Cr)
Shares of Rs.5 each (aggregating up to Rs.35.00 Cr)