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Anand Rathi IPO

IPO Status: Closed [2nd Dec 2021 to 6th Dec 2021]

Rated 3.5 stars Rated 3.5/5 by Team TopShareBrokers
Anand Rathi IPO Detail

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.

Anand Rathi IPO Details

IPO Issue Opening Date: 2nd Dec 2021
IPO Issue Closing Date: 6th Dec 2021
IPO Issue Price: ₹530-550
IPO Listing At: BSE, NSE
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
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
Market Lot: 27 Shares
Min Retail Qty: 27 shares (1 lot)
Max Retail Qty: 351 shares (13 lots)
Promoter Holding Pre IPO: 74.73%
Promoter Holding Post IPO: 48.82%
Retail Quota: 51.47%
NSE Code: ARWL
IPO Live GMP IPO Live GMP

Anand Rathi IPO Important Dates

In this section we have covered all important dates related to Anand Rathi IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Anand Rathi IPO important dates
IPO Activity Date
IPO Issue Open 2nd Dec 2021
IPO Issue Close 6th Dec 2021
Basis of Allotment Finalisation Date* 9th Dec 2021
Refunds Initiation* 10th Dec 2021
Credit of Shares to Demat Account* 13th Dec 2021
IPO Listing Date* 14th Dec 2021

* - Tentative Dates

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About Company - Anand Rathi

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

Anand Rathi IPO Objective

The IPO aims to raise funds for the following objectives;

  1. To achieve the share listing benefits on the BSE and NSE.
  2. To make an offer for sale of 12,000,000 shares by selling shareholders.

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Anand Rathi IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 2,350,000 Shares
  • Non-Institutional Investors: 1,762,500 Shares
  • Retail Individual Investor: 4,112,500 Shares
  • Employees Quota: 250,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered2,350,000 (27.73%)1,762,500 (20.8%)4,112,500 (48.53%)250,0008,475,000
12nd Dec 2021 19:160.01x1.93x2.45x0.42x1.60x
23rd Dec 2021 17:020.17x3.06x4.77x0.66x3.02x
34th Dec 2021 17:020.17x3.06x4.78x0.66x3.02x
46th Dec 2021 17:022.50x25.42x7.76x1.32x9.78x

Anand Rathi Financials for past 3 Years

Past performance and financial results of Anand Rathi.

Anand Rathi financial
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

Anand Rathi IPO Strengths

  • Among the leading non-banking wealth solution provider in India.
  • One of the top non-bank mutual fund distributor.
  • Diversified business verticals i.e. Private wealth, digital wealth, and Omni Financial Advisors.
  • Focus on growing HNI (High net-worth individual) segment.

Anand Rathi IPO Threats/Weaknesses

  • Continuing uncertainty around COVID-19 pandemic and its impact on business activities.
  • Changes in total expense ratio and regulatory changes may negatively affect distribution commission income.
  • Non-compliance with regulatory guidelines and rules can affect business reputation.
  • Competition from existing and new market participants can affect the company's market share.

Anand Rathi IPO DRHP >>Document

Anand Rathi IPO RHP >>Document

Anand Rathi IPO Allotment Status >>Anand Rathi IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Anand Rathi Wealth Limited
Express Zone, A Wing, 10th Floor, Western Express Highway, Goregaon (E),
Mumbai,Maharashtra-400 063
India
Website: http://www.rathi.com/wealth
Phone: +91 (22) 6281 7000
Email: [email protected]

Anand Rathi IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email: [email protected]

Anand Rathi IPO Lead Manager

  1. Anand Rathi Securities Limited
  2. IIFL Holdings Limited
  3. Equirus Capital Private Limited
  4. BNP Paribas
Anand Rathi IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Anand Rathi? Should I apply in Anand Rathi IPO?

Last Updated on 2021-12-08T16:41:13+00:00

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Anand Rathi IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Anand Rathi IPO with Zerodha.

Alternate approch to apply in Anand Rathi IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Anand Rathi IPO Review and Important Updates

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Apply in Anand Rathi IPO online

To subscribe or apply in Anand Rathi IPO, you can use the following methods:

Anand Rathi IPO Applying ModeMethodDetails
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Anand Rathi IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Anand Rathi IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Anand Rathi IPO. Most of the Syndicate Banks provide access to apply in Anand Rathi IPO via ASBA process. You must have your net banking access, DP ID information to apply in Anand Rathi IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Anand Rathi IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Anand Rathi IPO Review and Important Updates

Other relevant question on same topics are:

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Anand Rathi IPO Application is not yet available.

 

Anand Rathi IPO is going to be list on 14-12-2021. NSE Code for Anand Rathi is ARWL.

Other relevant questions:

When Anand Rathi IPO will be listing? Anand Rathi IPO NSE listing date?Anand Rathi IPO date of listing

 

Anand Rathi IPO Allotment Date is 9-12-2021.

Other relevant questions:

Anand Rathi IPO share allotment date?Anand Rathi IPO allotment date?

 


User Reviews

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5. Krishnakumar Nov 24 2021 10:45:30 PM Reply
Anand Rathi IPO expected listing gain.
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4. T.Deepa Nov 24 2021 10:45:30 PM Reply
Please confirm Anand Rathi IPO GMP (grey market premium) and kostak.
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3. Ronak Shah Nov 24 2021 10:45:30 PM Reply
Anand Rathi IPO good or bad.
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2. Rayan Rajkumar Godha Nov 24 2021 10:45:30 PM Reply
Anand Rathi IPO whether to invest or not.
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1. Chandrika Nov 24 2021 10:45:30 PM Reply
Anand Rathi IPO - CRISIL Rating, Apply or not?.