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Anand Rathi Wealth Limited Buyback (Anand Rathi Buyback 2024) Detail

Anand Rathi Wealth Limited is a publicly traded company that offers various financial services such as wealth management, investment banking, and financial product distribution. It was established in 1995 and is a part of Anand Rathi Group and offers financial services. With over 322 relationship managers and 9,641 clients in India and abroad, the company has a strong presence in the market.

Anand Rathi Wealth Limited's specialities include:

Investment advisory, Non-banking finance company, Institutional Equities, Mutual funds, Wealth Management, Tax efficiency, Insurance audit, Estate planning, Market linked debentures, and Financial Planning.

The company's revenue has grown by 20.57% over the last five years, higher than the industry average of 8.46%. Its market share has also increased from 1.64% to 2.78% over the same period.

Anand Rathi Buyback 2024 Detail

Issue Period
Security NameAnand Rathi Wealth Limited
Issue TypeTender Offer
Issue Size (Shares)370,000 (0.88 % of Total number of equity Shares)
Issue Size (Amount)₹164.65 Crores
Buyback Price₹4450 per share
Face Value₹5 per share
Listing AtBSE, NSE

Buyback Ratio

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Company Financials

Anand Rathi Wealth Limited Financial Information (Restated Consolidated)

Anand Rathi Wealth Limited's revenue increased by 31.18% and profit after tax (PAT) rose by 32.97% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets624.12480.16339.75
Revenue558.33425.63279.25
Profit After Tax168.60126.8044.62
Reserves and Surplus486.12360.97267.29
Amount in ₹ Crore

Anand Rathi Buyback 2024 Documents

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Company Contact Information

Anand Rathi Wealth Limited
Floor No. 10, A Wing, Express Zone
Western Express Highway
Goregaon (E), Mumbai-400 063

Phone: 022 6281 7000
Email: enquiry@rathi.com
Website: https://www.anandrathiwealth.in/

Anand Rathi Buyback 2024 Registrar

Anand Rathi Buyback 2024 Manager

Lead Manager(s)

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Anand Rathi Buyback 2024 FAQs

The Anand Rathi Buyback 2024 open and close dates are not available as of now.

The Anand Rathi Buyback 2024 last day to buy is not available as of now.

The Anand Rathi Buyback 2024 is a Tender Offer.

Sorry the Anand Rathi Buyback 2024 timelines are not available at this time.

The Anand Rathi Buyback 2024 is being offered at Rs ₹4450 per share per equity share.

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The Anand Rathi Buyback 2024 record date is not yet declared.

The issue size of Anand Rathi Buyback 2024 is of 370,000 equity shares at ₹4450 per share aggregating upto ₹164.65 Crores.

The necessity for Anand Rathi Buyback 2024 is not yet declared.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The Anand Rathi Buyback 2024 offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


1 Comments

1. RokdaMaker   I Like It. |Report Abuse|  Link|April 25, 2024 7:54:52 PMReply
Will 1 share strategy work here?
1.1. papon   I Like It. 1|Report Abuse|  Link|April 26, 2024 5:45:59 AM
Very less chance
1.2. RokdaMaker   I Like It. |Report Abuse|  Link|April 26, 2024 5:23:49 PM
I too had doubt earlier.

Avoiding this.

I guess 1 share strategy will work for sharda morors buyback. What's ur view sir?

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