What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the price band for Antony Waste Handling Cell Limited IPO?

The price band for Antony Waste Handling Cell Limited IPO is set at ₹313 to ₹315 per equity share with a minimum lot size of 47 shares.

When does Antony Waste Handling Cell Limited IPO open and close?

The Antony Waste Handling Cell Limited IPO opens on 2020-12-21 and closes on 2020-12-23. The allotment date is 2020-12-29 and the listing date is 2021-01-01.

What is the current GMP of Antony Waste Handling Cell Limited IPO?

The current grey market premium (GMP) for Antony Waste Handling Cell Limited IPO is ₹175, implying an estimated listing price of ₹490 (55.56% gain over the upper price band).

How do I check Antony Waste Handling Cell Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Link Intime India Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Antony Waste Handling Cell Limited

ListedMainboard

Environmental Services / Waste Management · NSE / BSE

Founded in 2001, Antony Waste Handling Cell Limited is a leading company in India's Municipal Solid Waste (MSW) management industry. It provides end-to-end waste management services, including waste collection, transportation, processing, and disposal. The company is also a key player in landfill construction and management. Antony Waste focuses on three main areas: MSW collection & transportation (C&T), MSW processing, and mechanized sweeping. As of August 31, 2020, it operates 17 MSW C&T projects, 2 MSW processing projects, and 4 mechanized sweeping projects. The company works with major municipal corporations such as Navi Mumbai (NMMC), Thane (TMC), Pimpri-Chinchwad (PCMC), Mangaluru (MMC), Noida (NOIDA), and Greater Noida (GNIDA). Additionally, it runs a waste processing plant at Kanjurmarg.

Price Band

₹313 – ₹315

Issue Size

₹300 Cr

Lot Size

47 shares

GMP

₹175

+55.6%

Est. Listing

₹490

at current GMP

Subscribed

—

Open

21 Dec 2020

23 Dec 2020

Allotment

29 Dec 2020

Refund

30 Dec 2020

Demat Credit

31 Dec 2020

Listing

1 Jan 2021

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Environmental Services / Waste Management segment
•Price band established at ₹313 - ₹315 per equity share
•Minimum bid lot is 47 shares
•Estimated listing target of ₹490 based on current grey market activity