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IPO Status: Listed [2nd Dec 2021 to 6th Dec 2021]
Anand Rathi IPO of Rs. 660 Cr is coming soon to list on the BSE and NSE. The IPO opens for subscription from 2 Dec to 6 Dec 2021. The IPO price band is fixed at Rs. 530-550 and one can apply for the lot size of 27 shares. There is an employee reservation of upto 250,000 shares and the company offers an employee discount of Rs. 25 per share. Stay updated with us to know more about the Anand Rathi IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.
| IPO Issue Opening Date: | 2nd Dec 2021 |
| IPO Issue Closing Date: | 6th Dec 2021 |
| IPO Issue Price: | ₹530-550 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 51.47 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹660 Cr |
| Offer for Sale: | 12,00,000 shares at ₹550 per share [Aggregating upto ₹660 Cr] |
| Face Value: | ₹5 Per Equity Share |
| IPO Discount: | Employee: ₹25 per share |
| Promoter Holding Pre IPO: | 74.73% |
| Promoter Holding Post IPO: | 48.82% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543415 |
| NSE Code: | ANANDRATHI |
Get important updates regarding Anand Rathi IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 9th Dec 2021 |
| Refunds Initiation* | 10th Dec 2021 |
| Credit of Shares to Demat* | 13th Dec 2021 |
| IPO Listing Date* | 14th Dec 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹530-550 |
| Market Lot: | 27 Shares |
| 1 Lot Amount: | ₹14850 |
| Min Small HNI Lots(2-10 Lakh): | 378 shares (14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 14-12-2021 | 550 | 45 | -- | ₹595 (8.18%) | 14-Dec-2021 8:53 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Anand Rathi is one of the leading non-banking wealth solution companies in India and one of the top 3 non-banking mutual fund distributors in India by gross commission earned in Fiscal 2020. The company offers a wide spectrum of wealth solution products, financial product distribution, and technology solutions. The firm has achieved a dominant position with a focus on the growing HNI segment. As of March 31, 2021 its private wealth vertical caters to 6109 active clients. Apart from the PW segment, it also operates two other verticals i.e. Digital Wealth (DW), and Omni Financial Advisors (OFM). It has a strong market presence across 11 cities in Mumbai, Delhi, Bengaluru, Gurugram, Hyderabad, Kolkata, Chennai, Pune, Chandigarh, Jodhpur, and Noida and also have an office in Dubai.
| Incorporation | Sector | IPO Issue Size | Website |
| 1995 | Financial services | ₹660 Cr | http://www.rathi.com/wealth |
The IPO aims to raise funds for the following objectives;
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 2,350,000 (27.73%) | 1,762,500 (20.8%) | 4,112,500 (48.53%) | 250,000 | 8,475,000 | |
| 1 | 2nd Dec 2021 19:16 | 0.01x | 1.93x | 2.45x | 0.42x | 1.60x |
| 2 | 3rd Dec 2021 17:02 | 0.17x | 3.06x | 4.77x | 0.66x | 3.02x |
| 3 | 4th Dec 2021 17:02 | 0.17x | 3.06x | 4.78x | 0.66x | 3.02x |
| 4 | 6th Dec 2021 17:02 | 2.50x | 25.42x | 7.76x | 1.32x | 9.78x |
| Anand Rathi Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|---|
| Total Assets | ₹339.44 | ₹409.06 | ₹230.83 |
| Total Income | ₹279.25 | ₹336.41 | ₹284.19 |
| Net Profit/Loss | ₹45.11 | ₹61.61 | ₹58.43 |
Last Updated on 16-Dec-2021 10:28:39
