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Antony Waste Handling Cell IPO subscribed 3.85 times on second day

On Saturday, the company allotted shares worth Rs 90 crore to 10 anchor investors

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Antony Waste Handling Cell has priced its IPO between Rs 313 per share and Rs 315 per share. The IPO comprises a fresh issue of Rs 85 crore and an offer for sale (OFS) of up to 6.8 million shares

Sundar Sethuraman Thiruvananthapuram
The initial public offering (IPO) of Antony Waste Handling Cell was subscribed by 3.85x on Tuesday, the second day of the issue. The retail investor portion was subscribed 7.2x, the wealthy investor portion was subscribed 0.28x, and the portion reserved for institutional investors was subscribed 0.64x. On Saturday, the company allotted shares worth Rs 90 crore to 10 anchor investors.

Antony Waste Handling Cell has priced its IPO between Rs 313 per share and Rs 315 per share. The IPO comprises a fresh issue of Rs 85 crore and an offer for sale (OFS) of up to 6.8 million shares. 

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