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With most Asian markets shut on account of public holiday, domestic stocks are expecting to see a rangebound trading on Friday. Here are a few stocks which may buzz the most in today s trade:
IDBI Bank: LIC-controlled
IDBI Bank said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law.
JSPL: Industrialist Naveen Jindal-owned JSPL on Thursday said its subsidiary Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.
Antony Waste jumps 37% on listing
January 01, 2021
The ₹300-crore IPO was subscribed about 15 times on the last day of the issue
Share prices of Antony Waste Handling Cell Ltd listed with a premium of 36.5 per cent on the BSE at ₹430 against the issue price of ₹315. The stock further rose to ₹492 and is currently hovering at around ₹460, a gain of 46 per cent, over the IPO price.
On the NSE, the stock opened at ₹436.10, and is now ruling at ₹458.
The counter saw combined volumes (both BSE and NSE) of about 1.30 crore shares.
Antony Waste Handling Cell Ltd’s ₹300-crore initial public offering (IPO) was subscribed about 15 times on the last day of the issue.
Antony Waste IPO: Check share allotment status via BSE, registrar s website; grey market premium, listing date financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Antony Waste Handling Cell initial public offer was subscribed 3.85 times on the second day of its subscription on Tuesday. The company has joined the likes of Burger King India and Mrs Bectors Food Specialities to have received oversubscription in a few hours of opening for subscription. The initial public offering (IPO), to raise about Rs 300 crore, received bids for 2,56,65,478 shares against 66,66,342 shares on offer, as per NSE data. The portion reserved for qualified institutional buyers (QIBs) was subscribed 64 per cent, non institutional investors 28 per cent and retail individual investors (RIIs) 7.22 times. The initial public offer comprises a fresh issue of Rs 85 crore and an offer for sale of 68,24,933 shares.
IPO Review - Antony Waste Handling Cell Ltd - ICICI Direct
Posted On: 2020-12-22 02:25:59 (Time Zone: Arizona, USA)
Founded in January 2001, Antony Waste Handling Cell (AWHC) is one of the top five players in the Indian municipal solid waste (MSW) management industry with an established track record of more than 19 years. The company is a pioneer in MSW providing a full spectrum of services, which includes solid waste collection, transportation, processing and disposal services. AWHC is also one of the key players in landfill construction and management sector with in-house expertise on construction and management of landfills.
Investment Rationale