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| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹659.38 Cr |
| Offer for Sale | ₹659.38 Cr |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹530.00-550.00 per share |
| Discount | Retail: 0.00,Employee: 25.00 |
| BSE Code | 543415 |
| NSE Code | ANANDRATHI |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Anand Rathi Advisors Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 27 shares and in multiples thereof
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.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of up to 12,000,000 Equity Shares aggregating up to ₹ 6,593.75 million by the Selling Shareholders |
| Period Ended | 31 Aug 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 402.32 | 339.40 | 409.06 | 230.83 |
| Total Income | 168.90 | 279.25 | 336.41 | 284.19 |
| Profit After Tax | 51.09 | 45.10 | 61.61 | 58.43 |
| EBITDA | 75.69 | 83.76 | 111.07 | 106.25 |
| NET Worth | 286.79 | 241.28 | 185.52 | 123.94 |
| Reserves and Surplus | 265.99 | 227.53 | 172.01 | 110.48 |
| Total Borrowing | 31.23 | 33.36 | 41.73 | 0.60 |
| Amount in ₹ Crore | ||||
