Monday, December 13, 2021

Anand Rathi Wealth IPO Listed at 9% Premium on Indices

Anand Rathi Wealth IPO to list on NSE and BSE on 14 December 2021, Tuesday at 10:00 AM. Anand Rathi Wealth is One of the leading mutual fund distributors in India with vast experience in the field but their peer's group is doing well. The IPO subscribed 9.78x times that comprises Qualified Institutional Buyer (QIB) 2.50x, Non-institutional Bidders (NII) 25.42x, and Retail (RII) 7.75x. The company reported a profit of ₹45 crores in 2021 against a profit of ₹60 crores in 2020. The revenues were up in 2021 to ₹279 crores against ₹336 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹570 to ₹620 range. Check out the Anand Rathi Wealth IPO listing details as given below:

Latest Update: Anand Rathi Wealth IPO listed at 9% premium. The ARWL share price is listed at ₹600 on NSE and ₹602 on BSE. The Anand Rathi Wealth share price is listed as per the IPO Watch team predicted. Happy Investing!

Anand Rathi Wealth


    Anand Rathi Wealth Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    ₹550.00
    ₹550.00
    List Price
    ₹602.05
    ₹600.00
    High Price
    ₹614.95
    ₹615.00
    Low Price
    ₹566.10
    ₹565.55
    Close Price
    ₹583.50
    ₹583.55
    Volume
    886,844
    13,930,950
    BSE Notice of Listing: Notice

    Anand Rathi Wealth IPO Listing Details

    Find the Anand Rathi Wealth IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Anand Rathi Wealth share listing day.
    BSE Code543415
    NSE CodeANANDRATHI
    GroupB Group
    ISIN NoINE463V01026
    Offer Price₹550
    Face Value₹5
    Listing Date14 December 2021, Tuesday

    Important Links:


    Anand Rathi Health IPO Subscription Status (Find Data)

    Category Day 1 Day 2 Day 3
    QIB 0.01 0.17 2.50
    NII 1.93 3.06 25.42
    RII 2.45 4.77 7.75
    EMP 0.42 0.66 1.32
    Total 1.60 3.02 9.78

    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 Time Table

    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 Listing FAQs:


    When is Anand Rathi Wealth IPO Listing Date?
    Anand Rathi Wealth IPO listing date is 14 December 2021, Tuesday.

    What will be the estimated listing price of Anand Rathi Wealth stock?
    As per the market speculations, the IPO might list at ₹570 to ₹620 level. If the market supports the stock might go on a higher side around ₹650+ level while on the downside the stock might hit to ₹550 level.

    How many returns are expected in Anand Rathi Wealth IPO?
    The IPO might give a listing loss of ₹1000 to ₹2000.

    What is Anand Rathi Wealth Share Price on Listing Day?
    The IPO is listed at ₹600.00 on NSE and at ₹602.05 on BSE.

    Will Anand Rathi Wealth will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy Anand Rathi Wealth shares on a listing day?
    Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

    What is a BSE and NSE Code for the Anand Rathi Wealth IPO?
    The BSE Code is 543415 while NSE Code is ANANDRATHI.

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