Anand Rathi Wealth Limited IPO
Mainboard₹14,850 / 27 Shares
Anand Rathi Wealth Limited IPO Details
The Anand Rathi Wealth Limited IPO price band is set between ₹530-550 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 2 Dec, 2021 and closes on 6 Dec, 2021. Investors can check the allotment status on 10 Dec, 2021, while the listing date is tentatively scheduled for 14 Dec, 2021.
The total issue size is Total 660 Crores, aggregating up to . Stay tuned for the latest Anand Rathi Wealth Limited IPO review and GMP updates.
Anand Rathi Wealth Limited IPO Review, Rating & Analysis
Anand Rathi Wealth Limited IPO Review
NO REVIEWAnand Rathi Wealth Limited IPO Rating
Anand Rathi Wealth Limited IPO Highlights
IPO Date
Dec 2, 2021 - Dec 6, 2021
Listing Date
14 Dec, 2021
Face Value
₹5 Per Equity Share
Price Band
₹530-550 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Anand Rathi Wealth Limited IPO Lot Size
The minimum market lot for Anand Rathi Wealth Limited IPO is 27 shares with an application amount of ₹14,850. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,850 |
| Retail (Max) | 13 | 351 | ₹1,93,050 |
| S-HNI (Min) | 14 | 378 | ₹2,07,900 |
| S-HNI (Max) | 67 | 1809 | ₹9,94,950 |
| B-HNI (Min) | 68 | 1836 | ₹10,09,800 |
Anand Rathi Wealth Limited IPO Timeline
Issue Price
₹530-550 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Anand Rathi Securities Limited,BNP Paribas,Equirus Capital Private Limited,IIFL Securities LtdIssue Size
Total 660 CroresAnand Rathi Wealth Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 339.44 | 279.24 | 45.11 | - | - | - |
| 31 Mar 20 | 409.06 | 336.41 | 61.61 | - | - | - |
| 31 Mar 19 | 230.82 | 284.18 | 58.43 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Anand Rathi
- Mr. Pradeep Gupta
- Anand Rathi Financial Services Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 74.96% | N/A% |
About Company
Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients. The company provides services primarily through its flagship Private Wealth (PW) vertical where it manages ₹ 260.58 Bn in AuM as of March 31, 2021. The company's PW vertical caters to 6,109 active client families, through a team of 233 RMs. In addition to the PW vertical, the company has 2 other new-age technology-led business verticals, i.e., Digital Wealth (DW) and Omni Financial Advisors (OFA).The company has achieved a dominant position in the distribution of financial products, with a focus on the growing HNI segment. Currently, the company has a presence across 11 cities in India.
Anand Rathi Wealth Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
6.87 times
Frequently Asked Questions about Anand Rathi Wealth Limited IPO IPO
When will Anand Rathi Wealth Limited IPO open for subscription?
The Anand Rathi Wealth Limited IPO opens on 2 Dec, 2021 and closes on 6 Dec, 2021.
What is the investors portion for Anand Rathi Wealth Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Anand Rathi Wealth Limited IPO?
You can apply for Anand Rathi Wealth Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Anand Rathi Wealth Limited IPO?
The issue size of Anand Rathi Wealth Limited IPO is approx ₹Total 660 Crores crores.
What is the price band of Anand Rathi Wealth Limited IPO?
The price band for Anand Rathi Wealth Limited IPO is ₹530 to ₹550 per equity share.
What is the lot size of Anand Rathi Wealth Limited IPO?
The minimum bid (lot size) for Anand Rathi Wealth Limited IPO is N/A shares with an investment of approx ₹14,850 .
What is the allotment date of Anand Rathi Wealth Limited IPO?
The allotment date for Anand Rathi Wealth Limited IPO is 10 Dec, 2021.
What is the listing date of Anand Rathi Wealth Limited IPO?
The listing date for Anand Rathi Wealth Limited IPO is expected to be 14 Dec, 2021.
What is the GMP of Anand Rathi Wealth Limited IPO?
The latest Grey Market Premium (GMP) for Anand Rathi Wealth Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.