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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 6,000,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,800,000 | — | 0.00x |
| Retail Individual (RII) | 4,200,000 | — | 0.00x |
| Total | 12,000,000 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 155,556 | 155,556 | 1.00x |
| HNIs (10L +) | 995 | 995 | 1.00x |
| HNIs (2-10L) | 4,762 | 4,762 | 1.00x |
| Total Applications | 161,313 | 161,313 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Anand Rathi Wealth Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Anand Rathi Wealth Limited IPO is ₹45 per equity share. Based on the upper price band of ₹530 to ₹550 per equity share, the estimated listing price is ₹595 (+8.2% expected listing gain).
What is the expected profit per lot for Anand Rathi Wealth Limited IPO?
With a lot size of 27 shares and current GMP of ₹45, the expected profit per application lot is approx ₹1,215 (+8.2% gain). Minimum application cost is approx ₹14,850.
What is the issue size and price band for Anand Rathi Wealth Limited IPO?
The Anand Rathi Wealth Limited IPO aggregate issue size is ₹660 Crores with an equity price band set at ₹530 to ₹550 per equity share. The retail lot size is 27 shares requiring a minimum capital outlay of approx. ₹14,850.
How can I check Anand Rathi Wealth Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Anand Rathi Wealth Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-12-10. Investors can verify status using PAN card or application number.
When is the listing date for Anand Rathi Wealth Limited IPO?
Anand Rathi Wealth Limited shares are scheduled to list on NSE and BSE on 2021-12-14.