Anand Rathi Wealth IPO Allotment

IPO Status

Anand Rathi Wealth Limited

Note :- Company Name Appear Only If Allotment is Done.

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IPO Issue Details

Issue Amount : Upto ₹659 Cr
Post Issue Implied Market Cap: Upto ₹2,289 Cr at Upper band
Total shares on offer : Upto 12,000,000 Equity Shares
Face Value : ₹5 per share
Price Band : ₹530 to ₹550
Lot Size : 27 shares
Registrar : Linkintime India Pvt Ltd

Company Details

Anand Rathi Wealth Limited is one of the leading non-bank wealth solutions firms in India and have been ranked amongst the top three non-bank mutual fund distributors in India by gross commission earned in Fiscal 2020 (Source – CARE Advisory Research).

It serves a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions.

It provides services primarily through its flagship Private Wealth (“PW”) vertical where it manages Rs. 26.058 billion in AuM as on March 31, 2021.