Ticker > IPO > New Listed IPO > Anand Rathi Wealth Ltd.

Anand Rathi Wealth Ltd. IPO

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
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DRHP
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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

₹ 3949.7

Current Return

618.13%

News

Anand Rathi Wealth reports 33% rise in Q4 consolidated net profit15 Apr, 12:11PM Anand Rathi Wealth - Quaterly Results12 Apr, 6:30PM Anand Rathi Wealth - Quaterly Results12 Apr, 6:30PM Anand Rathi Wealth - Quaterly Results12 Apr, 6:30PM Anand Rathi Wealth informs about earnings call transcript19 Jan, 3:08PM Anand Rathi Wealth - Quaterly Results12 Jan, 6:19PM Anand Rathi Wealth - Quaterly Results12 Jan, 6:19PM Anand Rathi Wealth informs about analyst meet9 Jan, 2:49PM Anand Rathi Wealth - Quaterly Results12 Oct, 5:54PM Anand Rathi Wealth - Quaterly Results12 Oct, 5:54PM Anand Rathi Wealth informs about record date 5 Oct, 2:10PM Anand Rathi Wealth informs about analyst meet19 Jul, 5:14PM Anand Rathi Wealth reports 34% rise in Q1 consolidated net profit13 Jul, 12:38PM Anand Rathi Wealth - Quaterly Results12 Jul, 5:46PM Anand Rathi Wealth - Quaterly Results12 Jul, 5:46PM Anand Rathi Wealth - Quaterly Results12 Jul, 5:46PM Anand Rathi Wealth submits analyst meet intimation29 May, 5:06PM Anand Rathi Wealth informs about updates20 May, 12:39PM Anand Rathi Wealth informs about newspaper publication15 May, 4:14PM Anand Rathi Wealth reports 23% rise in Q4 consolidated net profit 13 Apr, 10:58AM

Company Financials

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

Exchange

NSE: ANANDRATHI BSE: 543415

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

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 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Other Income 12.96 5.7 8.43 5.29 7.67
Interest 3.33 3.24 2.75 2.01 3.9
Exceptional Items 0 0 0 0 0
Profit Before Tax 93.52 95.76 62.35 165.95 226.26
Tax 28.36 24.48 18.13 40.51 58.08
Adjusted EPS (Rs.) 0 0 1.07 3.01 4.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 13.45 13.51 13.76 20.81 20.84
Total Reserves 141.3 211.55 266.01 359.78 484.18
Borrowings 0.37 33.36 24.96 16.61 8.32
Other N/C liabilities -0.74 13.98 5.56 8.45 17.57
Current liabilities 57.79 154.57 50.09 93.87 112.76
Total Liabilities 212.18 426.97 360.38 499.51 643.66
Assets
Net Block 9.42 32.13 20.03 93.29 110.18
Capital WIP 0 65.39 69.04 0 0
Intangible WIP 0 0 0 0 0
Investments 53.84 191.15 191.65 193.33 192.96
Other N/C Assets 0.5 1.99 2.02 1.99 4.37
Current Assets 116.62 131.04 65.32 166.45 304.13
Total Assets 212.18 426.97 360.38 499.51 643.66
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Other Income 3.49 2.92 6.02 4.21 12.42
Interest Expended 1.07 1.36 1.62 1.63 1.83
Operating Expenses 77.77 96.31 100.06 97.29 106.22
Total Provisions 0 0 0 0 0
Profit Before Tax 58.75 69.72 76.34 76.45 77.16
Tax 15.56 17.36 19.7 19.53 21.66
Net Profit 43.19 52.37 56.65 56.92 55.5
Adjusted EPS (RS) 10.36 12.56 13.57 13.64 13.27

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 48.03 0.01
Dec 2023 48.2 0.01
Sep 2023 48.69 0
Jun 2023 48.74 0
Mar 2023 48.74 0
* Figures given above are % of equity capital
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