Antony Waste extends IPO closing to March 16, cites exceptional volatility

Antony Waste IPO comprises of Rs 35 crore of fresh fund raising and Rs 171 crore of secondary share sale

Antony Waste Handling Cell has extended the closing day for its Rs 200-crore initial public offering (IPO) to March 16. The IPO was to close on Friday, however, managed to garner only 50 per cent subscription due to the fall in the secondary market. “We believe that the exceptional volatility seen in markets has impacted investment decisions for investors across categories. In light of the same, we have decided to extend the bidding period for the issue, till March 16. We believe that the extension will allow current volatility to subside and allow all categories of investors to participate in