Anand Rathi IPO price band, GMP, Allotment, Listing date and Price

Anand Rathi IPO details (2 – 6 Dec), (Price ₹ 530 to 550)

Anand Rathi IPO price band, GMP, Allotment, Listing date and Price
Anand Rathi IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Anand Rathi IPO:

  1. Anand Rathi IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Anand Rathi IPO on NSE – Click Here
  3. 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.

  1. Check the allotment status of Anand Rathi IPO on the below link given by Link Intime.
  2. 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 categoryTotal No. of times applied
No. of shares offered 23,50,000 17,62,500 41,12,500 2,50,000 84,75,000
Day 1 0.01x 1.93x 2.45x 0.42x 1.60x
Day 2 0.17x 3.06x 4.77x 0.66x 3.02x
Day 3     
Anand Rathi IPO subscription status live

Anand Rathi IPO highlights:

Anand Rathi IPO bid Opens on 2  Dec 2021
Anand Rathi IPO bid Closes on6  Dec 2021
Post issue Modification Period7 Dec -2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation7 Dec -2021 (upto 12:00 PM)
Issue type100% Book Building
Anand Rathi IPO issue size₹ 660 Cr
Face value of each equity shareRs. 5
Anand Rathi IPO Price bandRs 530 to Rs 550 per share
Anand Rathi IPO market lot27 equity shares and multiples of 27
Anand Rathi IPO minimum order quantity27 equity shares
Pre IPO equity share of promoters of Anand Rathi74.73  %
Post IPO paid-up equity share of promoters of Anand Rathi48.82  %
QIB portion reservation in Anand Rathi IPO50 %
NIB portion reservation in Anand Rathi IPO15 %
Retail portion reservation in Anand Rathi IPO35 %
Retail individual bidder can apply in Anand Rathi IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Anand Rathi IPONA
Employees can apply in Anand Rathi IPOup to 5 lakh (500,000)
Employees Reservation in Anand Rathi IPONA
Employees Discount in Anand Rathi IPONA
Listing of Anand Rathi at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Anand RathiNA
Registrar of Anand Rathi IPO issueLink Intime India Private Limited
Anand Rathi IPO highlights

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 on02.12.2021
Anand Rathi IPO Closes on06.12.2021
Allotment basis date of Anand Rathi IPO09.12.2021
Money refund date of Anand Rathi IPO10.12.2021
Shares of Anand Rathi in Demat Account13.12.2021
Anand Rathi IPO listing date on NSE, BSE14.12.2021
Anand Rathi IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Anand Rathi IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 660 Crore
Fresh Issue size₹ 0 Crore
Offer for Sale (OFS)₹ 660 Crore
Employee Reservation
No. of Equity shares offered of Anand Rathi IPO

Anand Rathi financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets3,394.424,090.642,308.27
Total Revenue2,792.483,364.142,841.87
Profit After Tax450.95616.14584.33
Anand Rathi financial statements details

IPO Red Herring Prospectus (RHP) of Anand Rathi:

Click here for IPO RHP of Anand Rathi on SEBI website.

Objectives of the Anand Rathi IPO Issue: (Source – RHP)

OFS

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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