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
| 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
| 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
Anand Rathi Wealth IPO Lead Managers
- Equirus Capital Private Limited
- BNP Paribas
- IIFL Securities Limited
- Anand Rathi Advisors Limited#
Company Address
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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.)
