Anand Rathi Wealth Limited
ListedMainboardFinancial Services · NSE / BSE
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.
Price Band
₹530 – ₹550
Issue Size
₹660 Cr
Lot Size
27 shares
GMP
₹45
+8.2%
Est. Listing
₹595
at current GMP
Subscribed
—
Open
2 Dec 2021
Close
6 Dec 2021
Allotment
10 Dec 2021
Refund
11 Dec 2021
Demat Credit
12 Dec 2021
Listing
14 Dec 2021
Last updated 12 days ago
Official Registrar Verification
Anand Rathi Wealth Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
10 Dec 2021
Basis finalization
Refunds Initiate
11 Dec 2021
Mandate release
Demat Credit
12 Dec 2021
Shares in demat
Listing Debut
14 Dec 2021
Trading begins
How to Check Anand Rathi Wealth Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Anand Rathi Wealth Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Anand Rathi Wealth Limited Public Issue & Market Profile
Anand Rathi Wealth Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹660 Crores. The shares are offered at a price band of ₹530 to ₹550 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 27 shares (approx. ₹14,850 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-12-12, while un-allotted funds or UPI block mandates will be released on 2021-12-11.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.