All about Anand Rathi's Wealth

All about Anand Rathi's Wealth

Anand Rathi Wealth IPO might hit the market on December 02, 2021, and close on December 06, 2021. Anand Rathi Wealth IPO to raise around ₹660 crores via IPO that comprises the new issue of ₹- crores and offer for sale up to 12,000,000 equity shares of ₹ five each. The retail quota is 35%, with QIB 50% and HNI 15%.

Anand Rathi Wealth Limited 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 have a presence in more than ten cities, and 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 Date & Price Band

 IPO Open: December 02 2021
 IPO Close: December 06 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: N/A
 DRHP Draft Prospectus: 
 RHP Draft Prospectus:

Anand Rathi Wealth IPO Market Lot

The Anand Rathi Wealth IPO minimum market lot is 27 shares with a ₹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 one lot
 Minimum Amount: ₹14,850 for one lot
 Maximum Lot Size: Top 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 December 02 2021, and the IPO close date is December 06 2021. The allotment date is December 09 2021, and the IPO may list on December 14 2021.
 Price Band Announcement: November 29 2021
 Anchor Investors Allotment: December 01 2021
 IPO Open Date: December 02 2021
 IPO Close Date: December 06 2021
 Basis of Allotment: December 09 2021
 Refunds: December 10 2021
 Credit to Demat Account: December 13 2021
 IPO Listing Date: December 14 2021

Anand Rathi Wealth IPO Form

How to apply the Anand Rathi Wealth IPO? You can use Anand Rathi Wealth IPO via ASBA available in your bank account. 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 use 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

AssetsRevenueExpensePAT
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
Investor grievance email:
Contact person: Ms Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

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
Corporate Identity Number: U67120MH1995PLC086696

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 is to be listed on BSE & NSE.

When will Anand Rathi Wealth IPO open?
The IPO is to open on December 02 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 for Anand Rathi Wealth IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers, and 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 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.

What is Anand Rathi Wealth IPO Size?
Anand Rathi Wealth IPO size is ₹660 crores. The IPO comprises ₹- crores of new issues and offers for sale of 12,000,000 equity shares.

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

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