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How Jose struck gold from solid waste

Image: Courtesy of AWHCL
How Jose struck gold from solid waste
The spectacular debut of AWHCL on the stock exchange will power the company to undertake more waste management projects across the country.
Jan 2, 2021
On the pleasant morning of January1, 2021, when Jose Jacob Kallarakal rang the ceremonial gong at the BSE to mark the listing of his company, there was excitement on the floor. Though most primary market veterans had predicted a premium at the listing, the air of uncertainty was inescapable. Jose, as he is popularly known, looked at the charts in disbelief as the stock raced ahead. The mechanical engineer from Mumbai, who heads the newly-listed Antony Waste Handling Cell Ltd (AWHCL), knew he had struck gold from what many thought was only an environmental hazard solid waste. ....

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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). ....

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Antony Waste Handling Cell IPO: 10 Key Things To Know Before The Issue Opens

Antony Waste Handling Cell IPO: 10 Key Things To Know Before The Issue Opens
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