Antony Waste Handling Cell Limited received subscription of 3.85 times on Day 2
Posted On: 2020-12-22 09:20:11 (Time Zone: Arizona, USA)
The Initial Public Offering (IPO) of Antony Waste Handling Cell Limited has received total subscription of 3.85 times as on 22 Dec 2020 at 5 PM. The company has received bids for 25665478 equity shares against the offer of 6666342 shares.
The company has come out with an IPO of 6666342 equity shares at a price band of Rs. 313 to Rs. 315.
The issue has received bids for 24054694 equity shares from retail investors as against the offer of 3333171 shares resulting in a subscription of 7.22 times. Under the retail investors quota, bids for 18160894 equity shares were at cut-off price and balance 5893800 equity shares were price bids.
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.
Edelweiss Financial Services announces ₹ 200 crore Public Issue of Secured Redeemable NCDs
Posted On: 2020-12-20 23:47:50 (Time Zone: Arizona, USA)
Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, today announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of a face value of ₹1,000 each, amounting to ₹ 100 crores ( Base Issue ), with an option to retain over-subscription up to ₹ 100 crores aggregating to a total of ₹ 200 crores ( Issue ).
The NCDs offer an effective yield (cumulative) of 9.95% p.a. for 120 months tenure, 9.35% p.a. for 36 months tenure and up to 9.80% p.a. for 60 months tenure. 75% of the funds raised through this Issue will be used for the purpose of repayment /prepayment of interest and principal of existing borrowings of the Company and the balance is proposed to be utilized for general corporate purposes, subject to such utilization not exceeding 25% of the amount raised in the Is
Edelweiss Financial Services announces Rs 200cr Public Issue of NCDs
By IANS |
Published on
Mon, Dec 21 2020 13:21 IST |
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Rupee. (File Photo: IANS). Image Source: IANS News
Mumbai, Dec 21 : Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, on Monday announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of a face value of Rs 1,000 each, amounting to Rs 100 crore, with an option to retain over-subscription up to Rs 100 crore aggregating to a total of Rs 200 crore.
The NCDs offer an effective yield (cumulative) of 9.95 per cent p.a. for 120 months tenure, 9.35 per cent p.a. for 36 months tenure and up to 9.80 per cent p.a. for 60 months tenure.