Anand Rathi Wealth IPO

Anand Rathi Wealth IPO

Anand Rathi Wealth IPO description – The company 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 India by gross commission earned in Fiscal 2020. It serves a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. The company provides services primarily through its flagship Private Wealth (PW) vertical where it manages INR260.58 billion in AuM as on March 31, 2021. Its clients or active client families include client families/groups with at least INR5 million in cumulative AuM.

The company commenced activities in Fiscal 2002 as an AMFI registered mutual fund distributor and has evolved into providing solutions to its clients by facilitating investments in financial instruments through an objective driven process. As of March 31, 2021, PW vertical caters to 6,109 active client families, serviced by a team of 233 RMs (including 8 RMs working on contractual basis). As on March 31, 2021, 52.3% of its clients have been associated with it for over 3 years, representing 72.2% of its total PW AuM. The company is currently present across 11 cities in India, namely, Mumbai, Bengaluru, Delhi, Gurugram, Hyderabad, Kolkata, Chennai, Pune, Chandigarh, Jodhpur and Noida and has a representative office in Dubai.

Its client families have consistently grown with new family additions of 965, 863 and 988 in Fiscal 2019, Fiscal 2020 and Fiscal 2021 respectively. Correspondingly, its PW AuM has also grown at a CAGR of 20.2% from INR180.37 billion as of March 31, 2019 to INR260.58 billion on March 31, 2021. It has been ranked in the top 50 in India’s Great Mid-Size Workplaces 2017, 2018 and 2020 by Great Place to Work Institute India.

The company also facilitates estate planning, succession planning and create wills as part of its core objectives, without charging any cost to clients and has an in-house team of 5 specialists who are qualified lawyers.

Promoters of Anand Rathi Wealth – Mr Anand Rathi, Mr Pradeep Gupta and Anand Rathi Financial Services Limited


Anand Rathi Wealth IPO details

Subscription Dates2 – 6 December 2021
Price BandINR530 – 550 per share
Fresh issueNil
Offer For Sale12,000,000 shares (INR636 – 660 crore)
Total IPO size12,000,000 shares (INR636 – 660 crore)
Minimum bid (lot size)27 shares (INR14,850)
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE

Anand Rathi Wealth’s Financial Performance

 FY2019FY2020FY20215M FY2022
Revenue284.2336.4279.2168.9
Expenses201.1249.5215.6100.6
Net income58.461.645.151.1
Margin (%)20.518.316.230.3
Figures in INR crore unless specified otherwise

Anand Rathi Wealth IPO News


Anand Rathi Wealth Valuations & Margins

FY2019FY2020FY2021
EPS14.6715.1510.98
PE ratio48.27 – 50.1
RONW (%)47.7733.0918.68
ROCE (%)784828
EBITDA (%)37.3933.0230.0
Debt/Equity0.000.220.14
NAV58.46

Anand Rathi Wealth IPO GMP Daily Trend

DateAnand Rathi Wealth IPO GMPKostakSubject to Sauda
3 Dec 2021INR130INR250INR2,500
2 Dec 2021INR120INR250INR2,500
1 Dec 2021INR120
30 Nov 2021INR80

Anand Rathi Wealth IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3
QIB23,50,0000.010.17
NII17,62,5001.933.06
Retail41,12,5002.454.77
Employees2,50,0000.420.66
Total84,75,0001.603.02
Subscription figures in number of times, at 5:00 PM

Anand Rathi Wealth Offer Reviews – Subscribe or Avoid?

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Anand Rathi Wealth IPO Registrar

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]
Website: http://www.linkintime.co.in


Anand Rathi Wealth Contact Details

Anand Rathi Wealth Limited
11th Floor, Times Tower, Kamala City,
Senapati Bapat Marg, Lower Parel
Mumbai 400 013
Phone: +91 22 6281 7000
Email: [email protected]
Website: www.rathi.com/wealth


Anand Rathi Wealth IPO Allotment Status

Anand Rathi Wealth offer allotment will be available on Link Intime’s website. Click on this link to get allotment status.


Anand Rathi Wealth IPO Timetable

IPO Opening Date: 2 December 2021
IPO Closing Date: 6 December 2021
Finalisation of Basis of Allotment: 9 December 2021
Initiation of refunds: 10 December 2021
Transfer of shares to demat accounts: 13 December 2021
Listing Date: 14 December 2021
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon


Anand Rathi Wealth IPO FAQs

How many shares in Anand Rathi Wealth IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Anand Rathi Wealth Public Offer?

The best way to apply in Anand Rathi Wealth IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Anand Rathi Wealth IPO GMP today?

Anand Rathi Wealth IPO GMP today is INR130 per share.

What is Anand Rathi Wealth IPO kostak rate today?

Anand Rathi Wealth IPO kostak rate today is INR250 per application.

What is Anand Rathi Wealth Subject to Sauda rate rate today?

Anand Rathi Wealth Subject to Sauda rate today is INR2,500 per application.

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