Anand Rathi IPO details (2 – 6 Dec), (Price ₹ 530 to 550)
Listing date and Listing Price of Anand Rathi IPO:
- Anand Rathi IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Anand Rathi IPO on NSE – Click Here
- Listing Price of Anand Rathi IPO on BSE – Click Here
Grey Market premium (GMP) price of Anand Rathi IPO :
Grey Market premium (GMP) price of Anand Rathi IPO is ₹125. Grey Market premium (GMP) of Anand Rathi IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Anand Rathi IPO Allotment link status on Link Intime:
- Check the allotment status of Anand Rathi IPO on the below link given by Link Intime.
- Anand Rathi IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Anand Rathi IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Anand Rathi IPO subscription status details:
|QIB (Qualified Institl. Bidders)||NIB (Non-institutional Investor)||RII (Retail Individual Investor)||Employee category||Total No. of times applied|
|No. of shares offered||23,50,000||17,62,500||41,12,500||2,50,000||84,75,000|
Anand Rathi IPO highlights:
|Anand Rathi IPO bid Opens on||2 Dec 2021|
|Anand Rathi IPO bid Closes on||6 Dec 2021|
|Post issue Modification Period||7 Dec -2021 (10.00 A.M. to 11.00 A.M.)|
|Cut-off time for UPI Mandate Confirmation||7 Dec -2021 (upto 12:00 PM)|
|Issue type||100% Book Building|
|Anand Rathi IPO issue size||₹ 660 Cr|
|Face value of each equity share||Rs. 5|
|Anand Rathi IPO Price band||Rs 530 to Rs 550 per share|
|Anand Rathi IPO market lot||27 equity shares and multiples of 27|
|Anand Rathi IPO minimum order quantity||27 equity shares|
|Pre IPO equity share of promoters of Anand Rathi||74.73 %|
|Post IPO paid-up equity share of promoters of Anand Rathi||48.82 %|
|QIB portion reservation in Anand Rathi IPO||50 %|
|NIB portion reservation in Anand Rathi IPO||15 %|
|Retail portion reservation in Anand Rathi IPO||35 %|
|Retail individual bidder can apply in Anand Rathi IPO||up to 2 lakh (200,000) – Maximum 13 Lot|
|Retail individual discount in Anand Rathi IPO||NA|
|Employees can apply in Anand Rathi IPO||up to 5 lakh (500,000)|
|Employees Reservation in Anand Rathi IPO||NA|
|Employees Discount in Anand Rathi IPO||NA|
|Listing of Anand Rathi at Exchanges||NSE, BSE|
|Fund raised from Anchor Investors in Pre-IPO of Anand Rathi||NA|
|Registrar of Anand Rathi IPO issue||Link Intime India Private Limited|
Anand Rathi IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Anand Rathi IPO are mentioned below.
|Anand Rathi IPO opens on||02.12.2021|
|Anand Rathi IPO Closes on||06.12.2021|
|Allotment basis date of Anand Rathi IPO||09.12.2021|
|Money refund date of Anand Rathi IPO||10.12.2021|
|Shares of Anand Rathi in Demat Account||13.12.2021|
|Anand Rathi IPO listing date on NSE, BSE||14.12.2021|
How much shares of Anand Rathi IPO are being offered?
|Type of Issue (Fresh / OFS)||No. of Equity shares offered||Amount of Equity shares|
|Total Issue size||₹ 660 Crore|
|Fresh Issue size||–||₹ 0 Crore|
|Offer for Sale (OFS)||–||₹ 660 Crore|
Anand Rathi financial statements details:
|(₹ million)||(₹ million)||(₹ million)|
|Profit After Tax||450.95||616.14||584.33|
IPO Red Herring Prospectus (RHP) of Anand Rathi:
Objectives of the Anand Rathi IPO Issue: (Source – RHP)
Business of Anand Rathi: (Source – RHP)
We are one of the leading non-bank wealth solutions firms in India and have been ranked amongst one of the three largest non-bank mutual fund distributors in India by gross commission earned in Fiscal 2019, 2020 and 2021 (Source – CARE Advisory Research, Pages 46 and 47. The CARE Advisory Research is available on the website of our Company at https://rathi.com/Wealth/Investorrelations.php).
We serve a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. We provide services primarily through our flagship Private Wealth (“PW”) vertical where we manage ₹ 294.72 billion in AuM as on August 31, 2021.
Our Company: (a) acts as a mutual fund distributor, registered with the Association of Mutual Funds in India. It distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies; (b) purchases non-convertible market linked debentures (“MLDs”) and offers them to its clients and earns income from these sales. Therefore, the AUM of our Company comprises mutual fund schemes and other financial products such as bonds, MLDs and other securities held by clients in their own demat accounts.
Further, our Company does not include demat holdings of the clients in the AUM unless the client has also used the distribution service of ARWL or have bought MLDs through ARWL. As per the industry practice, all such assets kept in the demat account of the clients belong to the respective clients and indicate the value of their assets. Such assets are shown as the AUM of our Company. All decisions regarding purchase and sale of mutual funds and other securities are taken by the clients. Our Company is not engaged in any portfolio management of its clients. Our Clients or active client families include client families/groups with at least ₹5 million in cumulative AuM. Each ‘client family’ or ‘Client’ may have one or more sub-accounts or family member accounts through which they invest.
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