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Antony Waste Handling IPO 2020 | Listing Gains or Long Term Invest | NP show India's second-largest Municipal Solid Waste Management (MSW) company, Antony Waste Handling Cell issued its initial public offer (IPO) for the second time on December 21. The company earlier in March launched a ₹200 crore IPO but had to withdraw it following a tepid response from investors. The IPO will close on December 23. The price band has been fixed at ₹313-315 per share for its initial public offer (IPO). Bids can be made for a minimum lot of 47 equity shares and in multiples of 47 equity shares thereafter. The company plans to utilise the IPO’s proceeds to partly finance its waste-to-energy project at Pimpri Chinchwad in Maharashtra through investments in its subsidiaries AG Enviro and ALESPL. It also plans to reduce consolidated borrowings of the company and its subsidiaries by infusing debt in its subsidiary. In this podcast we are going to do the detailed analysis of Antony Waste Handling IPO. listen to the podcast till the end to know complete details.
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