Anand Rathi Wealth was incorporated on March 22, 1995 as ‘Hitkari Finvest Private Limited’ . The company provides services primarily through the Private Wealth vertical and serves a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions.
| Bidding Dates |
|---|
| 02 Dec 2021 - 06 Dec 2021 |
| Subscription |
|---|
| 9.78x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,850 | 1 | 13 | 27 | 12.0 M | ₹530 - ₹550 | 74.74 % | ₹6360.0 M - ₹6600.0 M | RHP DOC |
Anand Rathi Wealth IPO SUBSCRIPTION STATUS
06 Dec '21Anand Rathi Wealth IPO overall subscription rate was 9.78 times the total available shares
Anand Rathi Wealth IPO retail subscription rate was 7.76 times in the retail segment
Anand Rathi Wealth IPO non-institutional investor subscription rate was 25.42 times in the non-institutional investor category
Anand Rathi Wealth IPO Qualified Institutional Bidder subscription rate was 2.5 times the available shares for Qualified Institutional Bidder
Anand Rathi Wealth IPO Employees subscription rate was 1.32 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
06 Dec 2021 (Day 3) | 7.76x | 25.42x | 2.5x | 1.32x |
03 Dec 2021 (Day 2) | 4.77x | 3.06x | 0.17x | 0.66x |
02 Dec 2021 (Day 1) | 2.45x | 1.93x | 0.01x | 0.42x |
Anand Rathi Wealth IPO SUBSCRIPTION STATUS DETAILS
Anand Rathi Wealth had 12.0 M shares on offer
Anand Rathi Wealth IPO offer price was in the range ₹530 - ₹550
Anand Rathi Wealth IPO minimum Investment was ₹14850
Anand Rathi Wealth IPO issue size was ₹ 6360.0 M - ₹ 6600.0 M
Anand Rathi Wealth had a minimum lot size of 27 Shares per application
Anand Rathi Wealth NUMBER OF SHARES ON OFFER
Anand Rathi Wealth IPO IMPORTANT DATES
| Issue Open Date | 02 Dec 2021 |
| Issue close Date | 06 Dec 2021 |
| Allotment Date | 09 Dec 2021 |
| Refund Date | 10 Dec 2021 |
| Demat Account Credit Date | 13 Dec 2021 |
| Listing Date | 14 Dec 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Anand Rathi Wealth Allotment Status | Exchange |
Anand Rathi Wealth IPO subscription opened on 02 Dec 2021, and closed on 06 Dec 2021
IPO allotment for Anand Rathi Wealth was finalized on Thursday, 09 Dec 2021
IPO listing for Anand Rathi Wealth was on NSE and BSE on Tuesday, 14 Dec 2021
Anand Rathi Wealth IPO LISTING GAINS
| Issue Price (adjusted) | 137.5 |
| Listing Open Price | 584.5 |
| Listing Close Price | 583.5 |
| Listing Gain% | 6.3% |
| Current Gain% | 1428.4% |
Anand Rathi Wealth Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anand Rathi Wealth Ltd. | 2101.5 | 8745.6 | 75 | 1.7 | 29.2 | 39.7 | 29.8 | 1253.1 | 27.8 | 395.9 | 32 | 28 | 45.2 |
| BSE Ltd. | 3457.1 | 140402.9 | 49.6 | 0.6 | 24.3 | 37.4 | 18.6 | 5148.1 | 59.1 | 2497 | 88.3 | 69.7 | 76.9 |
| Billionbrains Garage Ventures Ltd. | 190.5 | 119530.6 | 49 | 1.6 | 22.8 | 21.6 | 11.2 | 4815.9 | 18.6 | 2083 | 14.2 | 3.9 | 30.8 |
| Multi Commodity Exchange of India Ltd. | 2638 | 67266.8 | 43.6 | 0.3 | 25.6 | 46.8 | 17.8 | 2429 | 100.9 | 1331.6 | 137.8 | 60.5 | 136.4 |
| Motilal Oswal Financial Services Ltd. | 870 | 52386.8 | 26.5 | -0.9 | 5.2 | 14.5 | 4.3 | 9416.4 | 11.9 | 1869.3 | -25.3 | 32.9 | -28.8 |
| 360 One Wam Ltd. | 1168.1 | 47528.7 | 37.7 | 1.9 | 10.2 | 12.4 | 4.5 | 4477.3 | 21.5 | 1216.2 | 19.8 | 31 | 19.5 |
Anand Rathi Wealth INFORMATION ON IPO ISSUE
About Anand Rathi Wealth
Object of the Issue
Anand Rathi Wealth - PROMOTERS
| Name |
|---|
| Anand Rathi |
| Pradeep Gupta |
| Anand Rathi Financial Services |
Anand Rathi Wealth Book Running Lead Managers
Equirus Capital Private Limited
arwl.ipo@equirus.com
BNP Paribas
dl.ipo.arwl@asia.bnpparibas.com
IIFL Securities Limited
arwl.ipo@iiflcap.com
Anand Rathi Advisors Limited
alpha.ipo@rathi.com
Anand Rathi Wealth Registrar to the Offer
Link Intime India PrivateLimited
anandrathi.ipo@linkintime.co.in
Anand Rathi Wealth Strengths
Focus on the underserved HNI segment of great market potential
Standardized solutions offered to clients based on an objective-driven approach
One of the top 3 leading mutual fund distributors in India
Focus on value-added services
Attracting and retaining talent through an entrepreneurial work culture
Unique marketing initiatives
IPO FAQs
Anand Rathi Wealth Ltd. IPO listing opened at Rs 584.45 while the issue price was Rs 550.00 giving 6.26% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 137.50 giving 1428.36% gains since its IPO listing.
This IPO consists of an offer for sale of up to Rs 660.0 crore, of 12,000,000 shares.
The promoters of the company are Anand Rathi, Pradeep Gupta and Anand Rathi Financial Services.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 530.0 - 550.0.
The IPO application opens on Dec 02, 2021 and closes on Dec 06, 2021.
The minimum lot size for the IPO is 27. The maximum lot size for the IPO is 351.
For all category investors, the minimum application amount for this IPO is Rs. 14,850.0, the maximum value for this IPO is Rs 193,050.0.
This IPO will be allotted on Dec 09, 2021.
The refund will be credited to your account on Dec 10, 2021.
The allotted shares will be credited to your demat on Dec 13, 2021.
Anand Rathi Wealth Ltd.’s shares listed on the stock exchanges on Dec 14, 2021.