Antony Waste IPO GMP Today, Antony Waste Handling Cell Ltd. IPO Grey Market Premium Updates | Antony Waste IPO Listing Gain, Latest target, Opening gain
Antony Waste Handling Cell Ltd has received capital markets regulator Sebi’s go ahead to float an initial public offer.
The Antony Waste IPO comprises fresh issuance of shares worth Rs 98.5 crore and an offer for sale of 99,27,175 equity shares by existing shareholders, according to the draft red herring prospectus.
Antony Waste Handling Cell Limited is one of the leaders in India’s Municipal Solid Waste Management (MSW) industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. It also plays a leading position in the landfill construction and management sector.
Check out the latest Antony Waste IPO GMP (Grey Market Premium), Kostak rates and Subject to Sauda rates here.
Antony Waste IPO Details:
|Issuer||Antony Waste Handling Cell Ltd.|
|Issue Type||Book Built Issue IPO|
|Issue Period||Issue Opens: December 21, 2020|
|Issue Closes: December 23, 2020|
|Price Brand||₹313- ₹315 Per Share|
|Issue Size||₹ 300 Crores|
|Face Value||Rs.5 per Equity Share|
|Market Lot||47 Shares|
|Maximum Bid amount for Retail||Rs. 2 Lakhs|
|QIB||50% of the issue size|
|NIB||15% of the issue size|
|Retail Individual Bidders||35% of the issue size|
|Offer for Sale||₹214.99 Cr|
|Fresh Issue||₹85 Cr|
|Listing at||NSE & BSE|
|Apply With||Upstox Free DEMAT Account|
|Grey Market Price||Latest IPO GMP|
Antony Waste IPO Listing Day
Antony Waste IPO Listing
Antony Waste IPO GMP
Antony Waste IPO Allotment
Antony Waste IPO Subscription Data
|UPCOMING IPO||UPCOMING DIVIDEND|
|UPCOMING BUYBACK||UPCOMING NCD 2020|
|Best Stocks to buy||Best Share Trading App In India|
Antony Waste IPO GMP Rates day by day
Antony Waste Grey market premium as on today
|Date||GMP (in INR)||Kostak (in INR)||Subject to Sauda|
|31 DEC 2020||120||₹200||₹4000|
|30 DEC 2020||120||₹200||₹4000|
|29 DEC 2020||120||₹200||₹4000|
|28 DEC 2020||120||₹200||₹4000|
|27 DEC 2020||125||₹200||₹4000|
|26 DEC 2020||170||₹200||₹4000|
|25 DEC 2020||135||₹200||₹4000|
|24 DEC 2020||70||₹200||₹4000|
|23 DEC 2020||30||₹200||₹4000|
|22 DEC 2020||95||₹250||₹5000|
|21 DEC 2020||160||₹250||₹5000|
|20 DEC 2020||150||₹250||₹5000|
|19 DEC 2020||115||₹250||₹4000|
|18 DEC 2020||76||₹250||₹1200|
|17 DEC 2020||36||₹200||₹N/A|
|13 DEC 2020||20||₹200||₹N/A|
|12 DEC 2020||20||₹N/A||₹N/A|
|11 DEC 2020||18||₹N/A||₹N/A|
|10 DEC 2020||20||₹N/A||₹N/A|
|09 DEC 2020||45||₹N/A||₹N/A|
Antony Waste IPO Market Lot:
|Lot Size:||Minimum 47 Shares & Maximum 634 Shares|
Antony Waste IPO Allotment & Listing:
|Basis of Allotment:||December 29, 2020|
|Refunds:||December 30, 2020|
|Credit to Demat Account:||December 31, 2020|
|Listing Date:||January 1, 2021|
– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.
We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.
UPCOMING IPO IN JANUARY 2021
What is Grey Market?
Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.
This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:
- Trade of IPO shares at a grey market premium
- Trade of IPO application at a kostak.
What is Grey Market Premium?
GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.
This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.
Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.
What is Kostak?
Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.
It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:
– IGL Limited
– Issue Price: Rs 480 Per Equity Share (at upper band)
– Lot Size: 14
– Grey Market Premium: Rs 350 to Rs 360
– Kostak (Rs 100000): Rs 2500 to Rs 2600
As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.
Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.
Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.
In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.
Antony Waste IPO GMP FAQs
The Grey Market Premium of Antony Waste IPO is approx. in between 36-50 at the moment.
The Subject to Sauda price for Antony Waste IPO is approx. Rs. ₹N/A
Antony Waste IPO listing gain will be approx. Rs.2000/- (update on a daily basis)
The Kostak price of Antony Waste IPO is approx. ₹N/A-.