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Anand Rathi Wealth Limited IPO (Anand Rathi IPO) Detail

December 2, 2021 - December 6, 2021

Anand Rathi IPO is a book built issue of Rs 660.00 crores. The issue is entirely an offer for sale of 1.2 crore shares.

Anand Rathi IPO bidding started from December 2, 2021 and ended on December 6, 2021. The allotment for Anand Rathi IPO was finalized on Thursday, December 9, 2021. The shares got listed on BSE, NSE on December 14, 2021.

Anand Rathi IPO price band is set at ₹530 to ₹550 per share. The minimum lot size for an application is 27 Shares. The minimum amount of investment required by retail investors is ₹14,850.

The issue includes a reservation of up to 250,000 shares for employees offered at a discount of Rs 25 to the issue price.

Anand Rathi Securities Limited, Bnp Paribas, Equirus Capital Private Limited and Iifl Securities Ltd are the book running lead managers of the Anand Rathi IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Anand Rathi IPO RHP for detailed information.

Anand Rathi IPO Details

IPO Date December 2, 2021 to December 6, 2021
Listing Date December 14, 2021
Face Value ₹5 per share
Price Band ₹530 to ₹550 per share
Lot Size 27 Shares
Total Issue Size[.] shares
(aggregating up to ₹660.00 Cr)
Offer for Sale12,000,000 shares of ₹5
(aggregating up to ₹660.00 Cr)
Employee Discount Rs 25 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Anand Rathi IPO Reservation

Anand Rathi IPO offers 8,475,000 shares. 2,350,000 (27.73%) to QIB, 1,762,500 (20.80%) to NII, 4,112,500 (48.53%) to RII, 250,000 (2.95%) to employees. 152,314 RIIs will receive minimum 27 shares and (sNII) and (bNII) will receive minimum 378 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered2,350,000 (27.73%)NA
NII (HNI) Shares Offered1,762,500 (20.80%)
Retail Shares Offered4,112,500 (48.53%)152,314
Employee Shares Offered250,000 (2.95%)NA
Total Shares Offered8,475,000 (100%)

Anand Rathi IPO Timeline (Tentative Schedule)

Anand Rathi IPO opens on December 2, 2021, and closes on December 6, 2021.

IPO Open Date Thursday, December 2, 2021
IPO Close Date Monday, December 6, 2021
Basis of Allotment Thursday, December 9, 2021
Initiation of Refunds Friday, December 10, 2021
Credit of Shares to Demat Monday, December 13, 2021
Listing Date Tuesday, December 14, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 6, 2021

Anand Rathi IPO Lot Size

Investors can bid for a minimum of 27 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 27 ₹14,850
Retail (Max) 13 351 ₹193,050
Lot Size Calculator

Anand Rathi IPO Promoter Holding

Mr. Anand Rathi, Mr. Pradeep Gupta and Anand Rathi Financial Services Limited are the company promoters.

Share Holding Pre Issue 74.73%
Share Holding Post Issue 48.82%

About Anand Rathi Wealth Limited

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.

Competitive Strengths:

  • Focus on the underserved HNI segment of great market potential
  • Standardized solutions offered to clients based on an objective-driven approach
  • One of the top 3 leading mutual fund distributors in India
  • Focus on value-added services
  • Attracting and retaining talent through an entrepreneurial work culture
  • Unique marketing initiatives

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Aug-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,023.24 3,394.42 4,090.64 2,308.27
Total Revenue 1,689.03 2,792.48 3,364.14 2,841.87
Profit After Tax 510.88 450.95 616.14 584.33

Objects of the Issue (Anand Rathi IPO Objectives)

The objects of the offer are to achieve the benefits of listing the equity shares on the stock exchanges.

Anand Rathi IPO Review (May apply)

[Dilip Davda]  Except for FY21, ARWL has posted growth in its working. It also enjoys the prominence amongst limited organized players in the field. As all are bullish for stock markets in the coming few years, this type of company will do well. This IPO appears fully priced based on current financial data. Considering all these, investors may consider investment for long term. Read detail review...


Anand Rathi IPO Subscription Status (Bidding Detail)

The Anand Rathi IPO is subscribed 9.78 times on December 6, 2021 5:00:00 PM. The public issue subscribed 7.76 times in the retail category, 2.50 times in the QIB category, and 25.42 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 6.87 times

CategorySubscription (times)
QIB2.50
NII25.42
Retail7.76
Employee1.32
Total9.78

Anand Rathi IPO Prospectus

Anand Rathi IPO Rating

868
3.9
Rating:Rated 3.9 stars
Vote Here ...

Anand Rathi IPO Listing Details

Listing Date December 14, 2021
BSE Script Code 543415
NSE Symbol ANANDRATHI
ISIN INE463V01026
Final Issue Price ₹550 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹550.00
₹602.05
₹566.10
₹614.95
₹583.50
NSE
₹550.00
₹600.00
₹565.55
₹615.00
₹583.55

Check IPO Performance…

Anand Rathi Wealth Limited Contact Details

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
Email: csarwsl@rathi.com
Website: https://rathi.com/Wealth/index.php

Anand Rathi IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: anandrathi.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Anand Rathi IPO FAQs

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 share. The minimum order quantity is 27 Shares.

The IPO opens on December 2, 2021, and closes on December 6, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Anand Rathi IPO using UPI as a payment gateway. Zerodha customers can apply in Anand Rathi IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Anand Rathi IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Anand Rathi IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Anand Rathi IPO opens on December 2, 2021 and closes on December 6, 2021.

Anand Rathi IPO lot size is 27 Shares, and the minimum amount required is ₹14,850.

You can apply in Anand Rathi IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Anand Rathi IPO will be done on Thursday, December 9, 2021, and the allotted shares will be credited to your demat account by Monday, December 13, 2021. Check the Anand Rathi IPO allotment status.

The Anand Rathi IPO listing date is on December 14, 2021.
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Anand Rathi IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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556 Comments

276. Chalak Lomdi |   Link |  Bookmark |December 13, 2021 5:23:04 PM
IPO Guru IPO Guru (1400+ Posts, 900+ Likes)
" The Chalak lomdi Naffaa News "

1919
276.6. God is Great |   Link |  Bookmark |December 17, 2021 4:27:15 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dear chalak lomdi..thoda nisana chuk ho gayi...profit ki jagah loss ho gaya..share market ek khel hai plus minus hota raheta hai...but good to see you
276.7. B.K. Singhania |   Link |  Bookmark |December 18, 2021 11:04:55 PM
Good to see you back bro
275. True IPO Lover |   Link |  Bookmark |December 14, 2021 9:54:56 AM
Sold 1 lot@586.50
2nd lot@581.75

No need a similar experience like in Tarsons
So sold everything on first day itself due to huge selling pressure.
PS: Still holding Tarsons at loss 😢
275.2. AAA JAI |   Link |  Bookmark |December 14, 2021 11:26:59 AM (200+ Posts)
Sold 1 retail lot @ Rs.610
275.3. True IPO Lover |   Link |  Bookmark |December 15, 2021 9:53:26 AM
@AAA JAI Cool
274. KKishor |   Link |  Bookmark |December 15, 2021 8:56:30 AM
Sold at 582.6 due to tpin issue.. my bad but still happy
273. IPO Mitr |   Link |  Bookmark |December 14, 2021 9:22:16 PM
Those members have either left the forum or already chosen to remain silent who use to give importance to fundamentals and quality of the company and its financial potential performance while investing in an IPO.

The current market is based mostly on speculation and significantly higher no of members entering the market during last 1-2 years have not seen "NOT SO GOOD TIMES" (euphemism). Market is a the greatest leveler ...it will flatten and bring to ground anyone who believes that they are GOD of MARKET sooner or later.......

Only request to everyone is too be respectful to others......if someone doesn''t like anyone''s suggestion or recommendation or opinion......just ignore it and move ahead.....Please do not use "NOT SO CONSIDERATE" words for each other.....because it will only come back to you.

272. Regulagedda Ambica Prasad |   Link |  Bookmark |December 14, 2021 9:43:22 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Bought at 580
271. ObserverEye |   Link |  Bookmark |December 6, 2021 8:31:11 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Mark my words...This will not list in discount. 600 plus is totally possible. Not that the company or the offer is good.... But there is more to it than meets the eye.
BTW, I have not applied in it. I prefer to stick to my discipline of applying on my own analysis of any IPO.
271.7. K.Atar |   Link |  Bookmark |December 7, 2021 9:22:38 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
@Neo Sir,

Also i did not applied in ARW and will not apply in RTT too.

Regarding Shriram Properties & Metro shoes will take call if the environment is positive and that too on last day afternoon.

And C.E. info ipo is excellent to go for no second thoughts whatsoever.

Thanks..
271.8. ObserverEye |   Link |  Bookmark |December 14, 2021 9:26:47 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
As I had predicted....
270. gjy |   Link |  Bookmark |December 14, 2021 9:17:16 AM
closing may be in discount
269. Raj Bhartiya |   Link |  Bookmark |December 14, 2021 8:33:35 AM
Abhi thodi der pehle Anand Rathie ke Relationship manager se baat Hui....

Usne bola ki CO. Will list at 640 and go to 770 today.....

Best of luck doston
269.2. TradingforLife |   Link |  Bookmark |December 14, 2021 8:52:31 AM
Koi apni company ke bare kyu negative bolega. Mamu banaya apko shayad AR ke RM ne
269.3. Cautious ProPrio |   Link |  Bookmark |December 14, 2021 8:54:05 AM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
Operators never become Listing contractor ...
268. paresh rana. |   Link |  Bookmark |December 14, 2021 8:50:39 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
600, ALMOST 10% GAIN/LOT
267. paresh rana. |   Link |  Bookmark |December 14, 2021 8:47:29 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
600 CMP NOW IN ZEROTHA, LOOKS LIKE PRICE SETTLED HERE, ALMOST 10% GAIN
266. CAPTION T S |   Link |  Bookmark |December 14, 2021 8:46:48 AM (200+ Posts)
Listing 600 wow
265. Mind & Money |   Link |  Bookmark |December 14, 2021 8:04:30 AM (200+ Posts)
https://www1.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=ANANDRATHIEQG&symbol=ANANDRATHI
265.2. Mind & Money |   Link |  Bookmark |December 14, 2021 8:37:16 AM (200+ Posts)
IEP 570 at 9.36 AM
265.3. Mind & Money |   Link |  Bookmark |December 14, 2021 8:45:16 AM (200+ Posts)
Listed at 600.
264. krupa |   Link |  Bookmark |December 13, 2021 9:47:02 AM (800+ Posts, 500+ Likes)
It may list at discount
264.1. True IPO Lover |   Link |  Bookmark |December 14, 2021 8:31:04 AM
It wont list at discount. Dont create panic.
264.2. krupa |   Link |  Bookmark |December 14, 2021 8:43:02 AM (800+ Posts, 500+ Likes)
Yes
10% profit
Listing 600+
263. SatishKumarIPO |   Link |  Bookmark |December 14, 2021 8:11:41 AM
Pls share anyone link of pre opening of this stock
263.1. INVESTIGATOR |   Link |  Bookmark |December 14, 2021 8:19:07 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
https://www.bseindia.com/stock-share-price/anand-rathi-wealth-ltd/anandrathi/543415/
262. Champaklal c jain |   Link |  Bookmark |December 13, 2021 5:17:18 PM
10 gmp
262.1. MITTAL |   Link |  Bookmark |December 13, 2021 10:35:18 PM
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
कौन से शहर मे 10 रु GMP मे मिल रहा है।
262.2. manojIPO |   Link |  Bookmark |December 14, 2021 8:06:23 AM (300+ Posts)
Creating unnecessary panic of 10 GMP since I think ur not allotted..gmp actually shows 50.
261. SSingh |   Link |  Bookmark |December 13, 2021 10:03:33 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Should list around Rs 650/-
All the best to everyone who got allotment.
260. Chalak Lomdi |   Link |  Bookmark |December 13, 2021 5:18:32 PM
IPO Guru IPO Guru (1400+ Posts, 900+ Likes)
rathi 50 buyer
260.1. lokes |   Link |  Bookmark |December 13, 2021 7:13:45 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
Rategain mai bhi update karo bhai, uske forum mai
259. RAMKRISHNA |   Link |  Bookmark |December 13, 2021 1:18:41 PM
@Indiaway - SBI homebranch is not responding
259.2. krupa |   Link |  Bookmark |December 13, 2021 3:16:24 PM (800+ Posts, 500+ Likes)
Email karke kuch fayda nahi he

After somedays automatically ac me unblock ho jayenge
259.3. Chalak Lomdi |   Link |  Bookmark |December 13, 2021 5:16:21 PM
IPO Guru IPO Guru (1400+ Posts, 900+ Likes)
@ram krishna mota bhai... Twitter / tag - pm modiji - nirmala sitaraman - rbi - sbi bank... complain likh ke twit thok do... fir magic dekho.
258. Champaklal c jain |   Link |  Bookmark |December 13, 2021 5:14:54 PM
10 gmp
257. Mk sharma |   Link |  Bookmark |December 13, 2021 3:51:57 PM
Sonal ma''am plz update GMP