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Antony Waste Handling Cell IPO receives good response


The issue received bids for 10.02 crore shares as against 66.66 lakh shares on offer.
The initial public offer (IPO) of Antony Waste Handling Cell received bids for 10.02 crore shares as against 66.66 lakh shares on offer. The issue was subscribed 15.04 times.
The non-institutional investors category was subscribed 18.69 times. The retail individual investors category was subscribed 16.55 times. The qualified institutional buyers (QIBs) category was subscribed 9.67 times.
The issue opened for subscription on Monday (21 December 2020) and closed on Wednesday (23 December 2020). The price band for the IPO was set at Rs 313-315 per share.
The issue comprised of a fresh issue worth Rs 85 crore and an offer for sale (OFS) of 68,24,933 equity shares by existing shareholders. ....

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