Antony Waste Handling subscribed 39% so far on last day

The issue by the company saw bids for 18.61 lakh shares compared with the issue size of 48.20 lakh shares.

Mar 06, 2020 08:03 IST India Infoline News Service

Antony Waste Handling Cell IPO was subscribed 39% on the last day of the bidding process.  The issue by the company saw bids for 18.61 lakh shares compared with the issue size of 48.20 lakh shares.

The issue was subscribed 0.13 times on day 2.

The price band has been fixed at Rs295-300 per share.

Bids can be made for a minimum lot of 50 equity shares and in multiples of 50 Equity Shares thereafter.

The equity shares are proposed to be listed on the BSE and NSE.

The Company expects that the benefits of listing of Equity Shares will be to enhance visibility and brand image and provide liquidity to Shareholders.

Equirus Capital Private Limited is the sole Book Running Lead Manager (“BRLM”) to the Issue.

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