Anand Rathi Wealth IPO is to hit the market on December 02, 2021 and will close on December 06, 2021. Anand Rathi Wealth IPO to raise around ₹660 crores via IPO that comprises fresh issue of ₹- crores and offer for sale up to 12,000,000 equity shares of ₹5 each. The retail quota is 35% with QIB 50% and HNI 15%.
Anand Rathi Wealth Limited (ARWL) is a part of a well-known Anand Rathi Group. The company provides services that include Wealth Management, Investment Banking, Corporate Finance, and Advisory, Broking, and Distribution services. They are 3rd leading mutual fund distributors in India. The company has a presence in more than 10 cities. The company is more focused on the HNI segment. Check out Anand Rathi Wealth IPO details.
Important Details:
- One of the leading mutual fund's distributors in India.
- Vast Experience in wealth creation.
- Part of Anand Rathi Group is - One of India’s leading financial services.
- Business verticals - Digital Wealth (DW) and Omni Financial Advisors (OFA).
- Peer Group: ICICI Securities, Angel One, IIFL
Anand Rathi Wealth IPO Review
- May Apply (For Long Term)
Brokerage Firm IPO Reviews
- Axis Capital: Neutral
- Kotak Securities: Neutral
- Nirmal Bang: Neutral
- ICICI Direct: Apply
- Marwadi Share: Apply
Anand Rathi Wealth IPO Date & Price Band
| IPO Open: | 02 December 2021 |
| IPO Close: | 06 December 2021 |
| IPO Size: | Approx ₹660 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer for Sale: | Approx 12,000,000 Equity Shares |
| Face Value: | ₹5 Per Equity Share |
| Price Band: | ₹530 to ₹550 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹25 for Employees |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Anand Rathi Wealth IPO Market Lot
The Anand Rathi Wealth IPO minimum market lot is 27 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots, 351 shares with ₹193,050 application amount.
| Minimum Lot Size: | Minimum 27 Shares for 1 lot |
| Minimum Amount: | ₹14,850 for 1 lot |
| Maximum Lot Size: | Maximum 351 Shares for 13 lot |
| Maximum Amount: | ₹193,050 for 13 lot |
Anand Rathi Wealth IPO Date, Time Table, Allotment & Listing
The Anand Rathi Wealth IPO date is 02 December 2021 and the IPO close date is 06 December 2021. The allotment date is 09 December 2021 and the IPO may list on 14 December 2021.
| Price Band Announcement: | 29 November 2021 |
| Anchor Investors Allotment: | 01 December 2021 |
| IPO Open Date: | 02 December 2021 |
| IPO Close Date: | 06 December 2021 |
| Basis of Allotment: | 09 December 2021 |
| Refunds: | 10 December 2021 |
| Credit to Demat Account: | 13 December 2021 |
| IPO Listing Date: | 14 December 2021 |
Anand Rathi Wealth IPO Form
How to apply the Anand Rathi Wealth IPO? You can apply Anand Rathi Wealth IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Anand Rathi Wealth IPO in the Invest section. The other option you can apply Anand Rathi Wealth IPO via IPO forms download via NSE and BSE. Check out the Anand Rathi Wealth forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Anand Rathi Wealth Company Financial Report
| ₹ in Crores | |||||
| Assets | Revenue | Expense | PAT |
||
| 2019 | ₹231 | ₹284 | ₹201 | ₹58.21 | |
| 2020 | ₹409 | ₹336 | ₹249 | ₹60.55 | |
| 2021 | ₹339 | ₹279 | ₹216 | ₹45.41 | |
Company Promoters
- MR. ANAND RATHI
- MR. PRADEEP GUPTA
- ANAND RATHI FINANCIAL SERVICES LIMITED
Anand Rathi Wealth IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West),
Mumbai 400 083, Maharashtra , India
Telephone: +91 22 4918 6000
E-mail: anandrathi.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail:
anandrathi.ipo@linkintime.co.in
Contact person: Ms. Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Note: Check Anand Rathi Wealth IPO allotment status on Linkintime website allotment URL. Click Here
Note: The Anand Rathi Wealth IPO details is not announced officially. The IPO grey market premium (Anand Rathi Wealth IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
Anand Rathi Wealth IPO Lead Managers
- Equirus Capital Private Limited
- BNP Paribas
- IIFL Securities Limited
- Anand Rathi Advisors Limited#
Company Address
Anand Rathi Wealth Limited
Express Zone, A Wing,
10th Floor, Western Express Highway,
Goregaon (E), Mumbai 400 063
Maharashtra, India
Contact Person: Mr. Ashish Chauhan
Company Secretary and Compliance Officer
Telephone: +91 (22) 6281 7000
Email: csarwsl@rathi.com
Website: www.rathi.com/wealth
Corporate Identity Number: U67120MH1995PLC086696
Anand Rathi Wealth IPO FAQs
What is Anand Rathi Wealth IPO?
Anand Rathi Wealth IPO is a main-board IPO. They are going to raise ₹660 Crores via IPO. The issue price band is ₹530 to ₹550 per equity share. The IPO to be listed on BSE & NSE.
When Anand Rathi Wealth IPO will open?
The IPO is to open on 02 December 2021 for QIB, NII, and Retail Investors.
What is Anand Rathi Wealth IPO Investors Portion?
The investors' portion for QIB 50%, NII 15%, and Retail 35%.
How to Apply the Anand Rathi Wealth IPO?
You can apply Anand Rathi Wealth IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Anand Rathi Wealth IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Anand Rathi Wealth". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Anand Rathi Wealth IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Anand Rathi Wealth". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.
What is Anand Rathi Wealth IPO Size?
Anand Rathi Wealth IPO size is ₹660 crores. The IPO comprises ₹- crores of fresh issues and offer for sale of 12,000,000 equity shares.
What is Anand Rathi Wealth IPO Price Band?
Anand Rathi Wealth IPO Price Band is ₹530 to ₹550 per equity share.
What is Anand Rathi Wealth IPO Minimum and Maximum Lot Size?
The minimum bid is 27 shares with ₹14,850 amount while the maximum bid is 351 shares with ₹193,050.
What is Anand Rathi Wealth IPO Allotment Date?
Anand Rathi Wealth IPO allotment date is 09 December 2021.
What is Anand Rathi Wealth IPO Listing Date?
Anand Rathi Wealth IPO listing date is 14 December 2021. The IPO to list on BSE and NSE.