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Antony Waste Handling Cell IPO opens today; Here are key things to know

Antony Waste Handling Cell IPO opens today; Here are key things to know Ajay Vaishnav © Provided by CNBCTV18 Antony Waste Handling Cell IPO opens today; Here are key things to know The initial public offering (IPO) of the Municipal solid waste services provider Antony Waste Handling Cell opens for subscription today. The company has fixed the price band at Rs 313-315 per share for the issue which closes on December 23. The company aims to raise Rs 300 crore through the IPO. The IPO comprises a fresh issue of Rs 85 crore and an offer for sale (OFS) of upto 68,24,933 equity shares. The OFS consists of 13,90,330 equity shares by Leeds (Mauritius), 20,85,510 equity shares by Tonbridge (Mauritius), 11,58,667 equity shares by Cambridge (Mauritius) and 21,90,426 equity shares by Guildford (Mauritius).

The Invisible Last Mile of Mumbai s Lifeline | Economic and Political Weekly

Mumbai’s suburban rail network lives up to the moniker of being the city’s “lifeline” by transporting over 7.5 million passengers daily. However, lack of suitable last mile connectivity in the network causes passengers to rely on unsustainable modes for their last mile commutes. This significantly affects the advantages of high patronage of public transport and contributes to severe congestion on roads. The railways’ wide geographical presence across the city and access to 45% of the city’s commuters can be utilised to develop stations as the harbinger of futuristic and sustainable modes of transport for all of Mumbai. Mumbai’s transportation scenario has traditionally been an intriguing jigsaw. The city has among the highest share of public transport usage in the world, with over 45% of commuters using the city’s elaborate suburban rail network and BEST (Brihanmumbai Electric Supply and Transport) buses (MCGM 2016). At the same time, Mumbai is also recognised as

Antony Waste Handling Cell ₹300-crore IPO will open on Monday— these are the risks and opportunities

Strong track record and marquee clients Antony Waste Handling Cell Limited has an established track record of 17 years and is among the top five players in the Indian MSW management industry. It is indulged in 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. The company has few of the marquee clients in its kitty including 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), and other municipal corporations.

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