Anand Rathi Buyback 2024 Record Date, Price & Ratio Details

Anand Rathi Buyback 2024 details: The Anand Rathi open date is April [.], 2024. Anand Rathi record date April [.], 2024. The investor should buy the Anand Rathi shares before the record date to get eligibility for the buyback.

anand-rathi-buyback

Table of Contents

Anand Rathi of ₹164.65 crores approved by the board of directors at the meeting was held on April 12, 2024. Anand Rathi will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price of ₹4450 per Equity Share and for an aggregate amount not exceeding ₹164.65 crores from the shareholders. Check out Anand Rathi Buyback 2024 details below:


Anand Rathi Wealth Limited is among India’s leading non-bank wealth solutions firms, catering to high and ultra-high-net-worth individuals. The Company has evolved into providing well defined uncomplicated wealth solutions to our clients. The Anand Rathi group came into existence close on the heels of economic liberalization. To channel the newfound hope and financial optimism into tangible results, Mr Anand Rathi and Mr Pradeep Kumar Gupta laid the foundation of the Anand Rathi Group in 1994. Their performance during the last few years has helped their clients achieve their wealth objectives. In addition to Private Wealth Vertical (PW), the Company has two new-age technology-led business verticals i.e., Digital Wealth (DW) and Omni Financial Advisors (OFA). DW business is a fin-tech extension of the Company’s proposition for the mass affluent segment with wealth solutions delivered through a combination of human interface empowered with technology.

Anand Rathi History

  • N/A

Anand Rathi Buyback 2024 Dates

Buyback Meeting Date:April 12, 2024
Buyback Announcement Date:April 12, 2024
Buyback Record Date:2024
Last Date to Buy Shares:2024
Buyback Open Date:2024
Buyback Close Date:2024
Finalization of Buyback Acceptance:2024

Anand Rathi Buyback 2024 Offer Details

Anand Rathi of 370,000 equity shares at a price of ₹4450 per equity share. The buyback offers not to exceed ₹164.65 crores of the total buyback offer size.

Offer Amount:₹164.65 Crores
Number of Shares:370,000 Equity Shares
Face Value:₹5 per equity share
Buyback Price:₹4450 per equity share
Listing:BSE, NSE
Buyback Type:Tender Offer
Letter of Offer:Click Here

Anand Rathi Buyback 2024 Acceptance Ratio

The investor should buy around 45 shares at a current market price of ₹4050 (as of date). The calculation will be ₹2,00,000 / ₹4450 buyback price = 45 shares.

Acceptance RatioInvestmentShares BuybackProfit
33%₹18225015₹6000
50%₹18225022₹8800
75%₹18225034₹13600
100%₹18225045₹18000

Anand Rathi Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹260₹185₹44
2022₹408₹230₹125
2023₹538₹296₹168

How to Participate in Anand Rathi Buyback 2024

The investors are eligible for the buyback scheme who have Anand Rathi shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Anand Rathi Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Shervani Industrial Syndicateepted shares by the company under the Anand Rathi scheme.

Anand Rathi Buyback 2024 Registrar

To be updated soon

Anand Rathi Buyback 2024 Lead Managers

  • To be updated soon

Anand Rathi Company Address

Anand Rathi Wealth Limited
Floor No. 10, A Wing, Express Zone
Western Express Highway
Goregaon (E), Mumbai-400 063
Phone: 022 6281 7000
Email: [email protected]
Website: https://www.anandrathiwealth.in/

How to Apply the Anand Rathi through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Anand Rathi”. Click on Place Order. Enter your Quantity and submit Anand Rathi Application Form.

How to Apply the Anand Rathi through Upstox?

Log in to Upstox Application with your credentials. Select the Anand Rathi. You will see the Company Name “Anand Rathi”. Click on Anand Rathi Stock for Buyback. Enter your Quantity and submit Anand Rathi Application Form.

How to Apply the Anand Rathi through Anand Rathi Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Anand Rathi. Enter your Quantity and submit Anand Rathi Application Form.

Anand Rathi Buyback 2024 FAQs


When is Anand Rathi Buyback 2024 Record Date?

Anand Rathi Buyback 2024 record date is TBA.

When is Anand Rathi Buyback 2024 Open Date?

Anand Rathi Buyback 2024 open date is TBA.

What is Anand Rathi Buyback 2024 Price?

The company has fixed the price at ₹4450 per share.

How to apply for Anand Rathi Buyback 2024?

As per the record date you need to have Anand Rathi shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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