Anand Rathi Wealth Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹530-₹550
- Lot size
- 27 shares
- Issue amount
- ₹660 cr
- Total subscription
- 0×
- Opens
- 2 Dec 2021
- Closes
- 6 Dec 2021
- Allotment
- 10 Dec 2021
- Listing
- 14 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 1,20,00,000 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,310
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹660 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,850
- Issue type
- Book Built Issue IPO
- Shares before issue
- 4,16,16,227
- Shares after issue
- 4,16,16,227
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 27 | ₹14,850 |
| sHNI | 14 | 378 | ₹2,07,900 |
| bHNI | 68 | 1,836 | ₹10,09,800 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- HNI Market Focus: Targets the underserved HNI segment with strong growth potential.
- Standardized Solutions: Offers objective-driven, standardized solutions to clients.
- Top Distributor: Ranks among the top three mutual fund distributors in India.
- Value-Added Services: Emphasizes additional services to enhance client value.
- Strong Talent Culture: Attracts and retains talent through an entrepreneurial work environment.
- Unique Marketing: Uses innovative marketing initiatives to stand out.
Promoters
Mr. Anand Rathi
Mr. Pradeep Gupta
Anand Rathi Financial Services Limited
Registrar & documents
Lead manager
Anand Rathi Securities Limited, Bnp Paribas, Equirus Capital Private Limited, IIFL Capital Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Express Zone, A Wing, 10th Floor, Western Express Highway, Goregaon (E), Mumbai 400 063, Maharashtra, India.
+91 (22) 6281 7000
[email protected]Company website ↗Understanding ANANDRATHI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.