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 ā¹45 crores in 2021 against a profit of ā¹60 crores in 2020. The revenues were up in 2021 to ā¹279 crores against ā¹336 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ā¹570 to ā¹620 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 ā¹600 on NSE and ā¹602 on BSE. The Anand Rathi Wealth share price is listed as per the IPO Watch team predicted. Happy Investing!
Anand Rathi Wealth Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price | ā¹550.00 | ā¹550.00 |
| List Price | ā¹602.05 | ā¹600.00 |
| High Price | ā¹614.95 | ā¹615.00 |
| Low Price | ā¹566.10 | ā¹565.55 |
| Close Price | ā¹583.50 | ā¹583.55 |
| 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 Code | 543415 |
| NSE Code | ANANDRATHI |
| Group | B Group |
| ISIN No | INE463V01026 |
| Offer Price | ā¹550 |
| Face Value | ā¹5 |
| Listing Date | 14 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 ā¹660 Crores |
| Fresh Issue: | Approx ā¹- Crores |
| Offer for Sale: | Approx 12,000,000 Equity Shares |
| Face Value: | ā¹5 Per Equity Share |
| Price Band: | ā¹530 to ā¹550 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ā¹25 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 ā¹14,850 application amount. The retail investors can apply up-to 13 lots, 351 shares with ā¹193,050 application amount.
| Minimum Lot Size: | Minimum 27 Shares for 1 lot |
| Minimum Amount: | ā¹14,850 for 1 lot |
| Maximum Lot Size: | Maximum 351 Shares for 13 lot |
| Maximum Amount: | ā¹193,050 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 ā¹570 to ā¹620 level. If the market supports the stock might go on a higher side around ā¹650+ level while on the downside the stock might hit to ā¹550 level.
How many returns are expected in Anand Rathi Wealth IPO?
The IPO might give a listing loss of ā¹1000 to ā¹2000.
What is Anand Rathi Wealth Share Price on Listing Day?
The IPO is listed at ā¹600.00 on NSE and at ā¹602.05 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.
