Anand Rathi Wealth’s initial public offering (IPO) will take place on December 2, 2021.
The company plans to raise 660 crores through an IPO consisting of 12,000,000 equity shares. Anand Rathi Wealth is a leading mutual fund distributor in India with extensive wealth generating experience. The firm is a subsidiary of the well-known Anand Rathi Group. In 2021, the company recorded revenue of 279 crores, down from 336 crores in 2020. The price range for the IPO is set at 530 to 550 per equity share. The Anand Rathi Wealth IPO will be listed on the NSE and BSE.
What is Anand Rathi Wealth IPO GMP Today?
- The Anand Rathi Wealth IPO GMP aka grey market premium is ₹50.
What is Anand Rathi Wealth IPO Kostak Rates Today?
- The Anand Rathi Wealth IPO kostak rate is ₹-.
What is Anand Rathi Wealth IPO Subject to Sauda Price Today?
- The Anand Rathi Wealth IPO subject to sauda rates is ₹-.
Anand Rathi Wealth IPO Expected Returns?
- The Anand Rathi Wealth expected return is 5%.
Anand Rathi Wealth IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| 14 December | ₹50 | ₹- | ₹- |
| 13 December | ₹50 | ₹- | ₹- |
| 12 December | ₹60 | ₹- | ₹- |
| 11 December | ₹60 | ₹- | ₹- |
| 10 December | ₹60 | ₹- | ₹- |
| 09 December | ₹25 | ₹- | ₹- |
| 08 December | ₹25 | ₹- | ₹- |
| 07 December | ₹25 | ₹- | ₹- |
| 06 December | ₹60 | ₹250 | ₹2000 |
| 05 December | ₹100 | ₹250 | ₹3000 |
| 04 December | ₹100 | ₹250 | ₹3000 |
| 03 December | ₹125 | ₹250 | ₹3000 |
| 02 December | ₹125 | ₹250 | ₹3000 |
| 01 December | ₹125 | ₹250 | ₹3000 |
| 30 November | ₹100 | ₹- | ₹- |
| 29 November | ₹100 | ₹- | ₹- |
| 28 November | ₹100 | ₹- | ₹- |
| 27 November | ₹- | ₹- | ₹- |
| 26 November | ₹- | ₹- | ₹- |
| 25 November | ₹- | ₹- | ₹- |
| 24 November | ₹- | ₹- | ₹- |
| 23 November | ₹- | ₹- | ₹- |
| 22 November | ₹- | ₹- | ₹- |
| 21 November | ₹- | ₹- | ₹- |
Anand Rathi Wealth IPO Date & Price Band
| IPO Open: | 02 December 2021 |
| IPO Close: | 06 December 2021 |
| IPO Size: | Approx ₹660 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer for Sale: | Approx 12,000,000 Equity Shares |
| Face Value: | ₹5 Per Equity Share |
| Price Band: | ₹530 to ₹550 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹25 for Employees |
Anand Rathi Wealth IPO Market Lot
The Anand Rathi Wealth IPO minimum market lot is 27 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots, 351 shares with ₹193,050 application amount.
| Minimum Lot Size: | Minimum 27 Shares for 1 lot |
| Minimum Amount: | ₹14,850 for 1 lot |
| Maximum Lot Size: | Maximum 351 Shares for 13 lot |
| Maximum Amount: | ₹193,050 for 13 lot |
Anand Rathi Wealth IPO Date, Time Table, Allotment & Listing
The Anand Rathi Wealth IPO date is 02 December 2021 and the IPO close date is 06 December 2021. The allotment date is 09 December 2021 and the IPO may list on 14 December 2021.
| Price Band Announcement: | 29 November 2021 |
| Anchor Investors Allotment: | 01 December 2021 |
| IPO Open Date: | 02 December 2021 |
| IPO Close Date: | 06 December 2021 |
| Basis of Allotment: | 09 December 2021 |
| Refunds: | 10 December 2021 |
| Credit to Demat Account: | 13 December 2021 |
| IPO Listing Date: | 14 December 2021 |
Anand Rathi Wealth IPO GMP aka Grey Market Premium FAQs:
Q1. What is Anand Rathi Wealth IPO GMP Today?
Ans. Anand Rathi Wealth IPO GMP is ₹50 as of today.
Q2. What is Anand Rathi Wealth IPO Kostak Rate Today?
Ans. Anand Rathi Wealth IPO Kostak Rate is ₹- as of today.
Q3. What is Anand Rathi Wealth IPO Subject to Sauda Today?
Ans. Anand Rathi Wealth IPO Subject to Sauda is ₹- as of today.
Q4. What is Anand Rathi Wealth IPO Expected Returns?
Ans. Anand Rathi Wealth IPO Expected Returns is 5%.
Disclaimer:
- IPO Grey Market Premium (Anand Rathi Wealth IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
