Ticker > IPO > newlisted

IPO

Anand Rathi Wealth Ltd.

The company is engaged in business to providing financial services to a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions.

RHP
View
DRHP
View
Open Date

2021-12-02

Close Date

2021-12-06

IPO Details

Check out the issue details for Anand Rathi Wealth Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 550

Price Band

₹ 530 - 550

Issue Size

660 Cr.

Issue Type

Book Built

Open

2021-12-02

Close

2021-12-06

Listingprice

₹ 600

ListingGain

9.09%

Listing Date

2021-12-14

CMP

₹ 603.1

Current Return

9.65%

Company Financials

You can get the following financial statements of Anand Rathi Wealth Ltd. as of now.

Subscription Details

The details about the Anand Rathi Wealth ltd IPO is as:

  • The issue size of the IPO is 660 Cr.
  • The price band ranges from Rs 530 to Rs 550.
  • The shares of Anand Rathi Wealth ltd will list on 14th December 2021.
  • The latest tentative GMP of Anand Rathi Wealth ltd IPO is Rs 25.
  • The Employees of the company are entitled to a Discount of Rs 25.
  • Anand Rathi Wealth IPO is subscribed 9.78 Times as of 6th December 2021.

 

Anand Rathi Wealth IPO Valuation

The approx valuation of Anand Rathi Wealth ltd IPO based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Rs 550
Existing Shares (Qty) 4.16 Cr
Market Cap 2288 Cr
EPS (FY21) Rs 10.98
PE Ratio 50.9x
Industry PE 35.77x

 

Anand Rathi Wealth IPO Issue Size

Anand Rathi Wealth ltd IPO issue details:

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 660 Cr

 

Anand Rathi Wealth IPO Market Lot

An Individual can apply for a minimum 1 lot of 27 shares and a maximum of 13 lots of 351 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 27 Rs 14,850
 Maximum 13 351 Rs 1,93,050

 

Anand Rathi Wealth IPO Share Offer

Anand Rathi Wealth IPO is subscribed 9.78 Times as of 6th December 2021. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 2.50 Times
Non-Institutional Minimum 15% 25.42 Times
Retail Individual Minimum 35% 7.76 Times
Employee 2.5 Lakh shares 1.32 Times
Total   9.78 Times

 

Anand Rathi Wealth IPO Grey Market Premium

As on GMP (Tentative)
4 December 2021 Rs 100
5 December 2021 Rs 100
6 December 2021 Rs 60
7 December 2021 Rs 25
8 December 2021 Rs 25

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for  Anand Rathi Wealth ltd IPO:

Schedule Date
Basis of Allotment 9 December 2021
Refunds 10 December 2021
Credit to Demat Account 13 December 2021
IPO Listing Date 14 December 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 36.95 210.49 267.6 322.36 254.32
Total Expenditure 37.96 135.72 179.86 213.31 184.77
Operating Profit -1.02 74.77 87.74 109.05 69.55
Other Income 2.31 8.79 12.96 5.7 7.93
Interest 0.78 8.73 3.33 3.24 2.75
Depreciation 0.01 3.52 3.85 15.75 12.39
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.51 71.32 93.52 95.76 62.35
Provision for Tax -0.39 20.98 28.36 24.48 18.16
Net Profit 0.9 50.34 65.16 71.28 44.19
Adjusted EPS (Rs.) 0.07 3.74 2.42 2.64 1.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 13.05 13.44 13.45 13.51 13.76
Total Reserves 0.94 76.35 141.3 211.55 266.01
Borrowings 0.14 0.5 0.37 33.36 24.96
Other N/C liabilities -0.39 7.62 -0.74 13.98 5.56
Current liabilities 38.42 73.87 57.79 154.57 50.09
Total Liabilities 52.15 171.78 212.18 426.97 360.38
Assets
Net Block 7 9.19 9.42 32.13 20.03
Capital WIP 0 0 0 65.39 69.04
Intangible WIP 0 0 0 0 0
Investments 2.52 11.79 53.84 191.15 191.65
Loans & Advances 1.06 2.35 31.8 5.28 12.32
Other N/C Assets 0 0.25 0.5 1.99 2.02
Current Assets 41.58 148.19 116.62 131.04 65.32
Total Assets 52.15 171.78 212.18 426.97 360.38
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021
Other Income 2.31
Profit Before Tax 42.66
Tax 10.79
Profit After Tax 31.87
Adjusted EPS (Rs) 7.66

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2021 48.82 0
Mar 2018 77.48 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 0.51 71.32 93.52 95.76 62.35
Adjustment -1.52 -19.31 -0.05 17.17 15.9
Changes in Assets & Liabilities -2.4 63.35 -1.21 49.23 -78.12
Tax Paid -1.53 -20.05 -34.83 -19.64 -23.63
Operating Cash Flow -4.94 95.31 57.42 142.52 -23.5
Investing Cash Flow -23.87 -90.09 -43.25 -156.12 52.05
Financing Cash Flow 30.54 -7.15 -3.4 28.46 -16.68
Net Cash Flow 1.72 -1.92 10.77 14.86 11.86
X