Skip to main content
MainBoardListed
Anand Rathi Wealth Limited Logo

Anand Rathi Wealth Limited IPO

Anand Rathi Wealth Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 602.00 (+9.45%)

Anand Rathi Wealth Limited's has transitioned to a publicly listed entity following its IPO debut on 14-12-2021 at the NSE, BSE exchange. The public offering successfully raised 1,20,00,000 Shares, consisting of TBDin new capital and ₹660.00 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹530 to ₹550 and minimum application size of 27 shares. Market reception was evidenced through subscription activity between 02-12-2021 and 06-12-2021, reflecting investor appetite for the offering.

Allotment of shares was completed on 10-12-2021, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Anand Rathi IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Anand Rathi IPO Key Performance Indicator
Company Financials ( In Lakhs )

Anand Rathi IPO About Company

Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients. The company provides services primarily through its flagship Private Wealth (PW) vertical where it manages ₹ 294.72 Bn in AuM as of August 31, 2021. The company's PW vertical caters to 6,564 active client families, through a team of 233 RMs. In addition to the PW vertical, the company has 2 other new-age technology-led business verticals, i.e., Digital Wealth (DW) and Omni Financial Advisors (OFA). The company has achieved a dominant position in the distribution of financial products, with a focus on the growing HNI segment. Currently, the company has a presence across 11 cities in India.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Anand Rathi IPO Strength Factors

  1. HNI Market Focus: Targets the underserved HNI segment with strong growth potential.
  2. Standardized Solutions: Offers objective-driven, standardized solutions to clients.
  3. Top Distributor: Ranks among the top three mutual fund distributors in India.
  4. Value-Added Services: Emphasizes additional services to enhance client value.
  5. Strong Talent Culture: Attracts and retains talent through an entrepreneurial work environment.
  6. Unique Marketing: Uses innovative marketing initiatives to stand out.

Anand Rathi IPO Risk Factors

NA


Anand Rathi IPO Lead Manager(s)

  • Anand Rathi Securities Limited
  • Bnp Paribas
  • Equirus Capital Private Limited
  • IIFL Securities Limited

Anand Rathi IPO Promoter(s)

  1. Mr. Anand Rathi
  2. Mr. Pradeep Gupta
  3. Anand Rathi Financial Services Limited

Anand Rathi IPO Company Details

Anand Rathi Wealth Limited
Phone:
address:

Anand Rathi IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Anand Rathi IPO FAQs