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Anand Rathi Wealth Limited

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.

₹530 - ₹550Open
Listed Price602.00
Listing Gain+9.45%
TimelineBook Built Issue IPO
Open02 Dec 2021
Close06 Dec 2021
Allotment10 Dec 2021
Listing14 Dec 2021

Quota Reservation Portions

QIBPortion: 58,75,000 shares
48.96%
Nii (hni)Portion: 17,62,500 shares
14.69%
RetailPortion: 41,12,500 shares
34.27%
EmployeePortion: 2,50,000 shares
2.08%

Minimum Application Bracket Matrix

Retail1 lots / 27 shares
₹14,850
sHNI14 lots / 378 shares
₹2,07,900
bHNI68 lots / 1,836 shares
₹10,09,800

About the Company

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.

Company Promoters

Mr. Anand RathiMr. Pradeep GuptaAnand Rathi Financial Services Limited