- 1 When is Anand Rathi Wealth Limited IPO Launching?
- 2 Anand Rathi Wealth Limited IPO Tentative Timetable
- 3 Anand Rathi Wealth Limited IPO Lot Size
- 4 Anand Rathi Wealth Limited IPO Share Price
- 5 Anand Rathi Wealth Limited IPO Promoter Holding
- 6 Anand Rathi Wealth Limited Board of Directors
- 7 Anand Rathi Wealth Limited Company Financials
- 8 About Anand Rathi Wealth Limited
- 9 Company Contact Information
- 10 Anand Rathi Wealth Limited IPO GMP
- 11 How to apply for Anand Rathi Wealth Limited IPO
- 12 Anand Rathi Wealth Limited IPO Review
When is Anand Rathi Wealth Limited IPO Launching?
Anand Rathi Wealth, the wealth management company that caters to high and ultra-high net worth individuals (HNIs), is opening its IPO on December 2 and will close on December 6.
Anand Rathi Wealth Limited IPO Tentative Timetable
The Anand Rathi IPO open date is Dec 2, 2021, and the close date is Dec 6, 2021. The issue may list on Dec 14, 2021.
|IPO Open Date||Dec 2, 2021|
|IPO Close Date||Dec 6, 2021|
|Basis of Allotment Date||Dec 9, 2021|
|Initiation of Refunds||Dec 10, 2021|
|Credit of Shares to Demat Account||Dec 13, 2021|
|IPO Listing Date||Dec 14, 2021|
Anand Rathi Wealth Limited IPO Lot Size
The Anand Rathi IPO market lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹193,050).
Anand Rathi IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹660.00 Crores. The issue is priced at ₹530 to ₹550 per equity share. The minimum order quantity is 27 Shares.
Anand Rathi Wealth Limited IPO Promoter Holding
Mr. Anand Rathi, Mr. Pradeep Gupta, and Anand Rathi Financial Services Limited are the company promoters.
|Pre Issue Share Holding||74.73%|
|Post Issue Share Holding||48.82%|
Anand Rathi Wealth Limited Board of Directors
Anand Rathi – Founder & Chairman
Pradeep Gupta – Vice Chairman & Co-Founder, Anand Rathi Group
Amit Rathi – Non-Executive Director
Anand Rathi Wealth Limited Company Financials
|Summary of financial Information (Restated Consolidated)|
|Particulars||For the year/period ended (₹ in Millions)|
|Profit After Tax||510.88||450.95||616.14||584.33|
About Anand Rathi Wealth Limited
Anand Rathi Wealth is one of the main non-bank wealth solutions firms in India and has been positioned among the best three non-bank mutual fund distributors in the country. The organization offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its customers. The organization offers types of assistance essentially through its flagship Private Wealth (PW) vertical where it oversees ₹ 294.72 Bn in AuM as of August 31, 2021. The organization’s PW vertical caters to 6,564 dynamic customer families, through a group of 233 RMs. Notwithstanding the PW vertical, the organization has 2 other trendy technology-drove business verticals, i.e., Digital Wealth (DW) and Omni Financial Advisors (OFA).
The organization has accomplished a dominant position in the distribution of financial products, with an attention on the developing HNI section. Right now, the organization has a presence across 11 urban areas in India.
Company Contact Information
Anand Rathi Wealth Limited
Express Zone, A Wing, 10th Floor,
Western Express Highway, Goregaon (E),
Mumbai 400 063, Maharashtra, India.
Phone: +91 (22) 6281 7000
Anand Rathi Wealth Limited IPO GMP
Anand Rathi Wealth IPO GMP is ₹125 as of today.
How to apply for Anand Rathi Wealth Limited IPO
You can apply in Anand Rathi IPO internet utilizing either UPI or ASBA as a payment technique. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by agents who don’t offer banking services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Anand Rathi Wealth Limited IPO Review
Better to Ignore this IPO
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