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

Anand Rathi Wealth Ltd. 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

₹ 4062.6

Current Return

638.65%

Anand Rathi Wealth Ltd. News

Anand Rathi Wealth informs about disclosure7 Dec, 3:11PM Anand Rathi Wealth informs about disclosures 19 Nov, 5:25PM Anand Rathi Wealth informs about analyst meet16 Nov, 4:07PM Anand Rathi Wealth informs about investors meeting16 Nov, 10:33AM Anand Rathi Wealth informs about analyst meet14 Nov, 3:52PM Anand Rathi Wealth informs about analyst meet6 Nov, 3:18PM Anand Rathi Wealth informs about investor meeting29 Oct, 1:07PM Anand Rathi Wealth informs about earnings call transcript11 Oct, 5:24PM Anand Rathi Wealth’s Q2FY25 consolidated net profit rises by 32%11 Oct, 4:30PM Anand Rathi Wealth - Quaterly Results10 Oct, 4:42PM Anand Rathi Wealth - Quaterly Results10 Oct, 4:42PM Anand Rathi Wealth - Quaterly Results10 Oct, 4:42PM Anand Rathi Wealth informs about disclosure14 Aug, 2:36PM Anand Rathi Wealth informs about disclosure 7 Aug, 12:00PM Anand Rathi Wealth informs about analyst meet30 Jul, 2:53PM Anand Rathi Wealth informs about transcript of conference call18 Jul, 11:47AM Anand Rathi Wealth reports 38% rise in Q1 consolidated net profit12 Jul, 10:42AM Anand Rathi Wealth - Quaterly Results11 Jul, 5:18PM Anand Rathi Wealth - Quaterly Results11 Jul, 5:18PM Anand Rathi Wealth - Quaterly Results11 Jul, 5:18PM

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

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.

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 322.36 253.82 403.66 529.97 694.68
Total Expenditure 213.31 184.77 230.25 295.93 399.87
Operating Profit 109.05 69.05 173.4 234.04 294.81
Other Income 5.7 8.43 5.29 7.67 25.57
Interest 3.24 2.75 2.01 3.9 6.44
Depreciation 15.75 12.39 10.73 11.55 14.27
Exceptional Items 0 0 0 0 0
Profit Before Tax 95.76 62.35 165.95 226.26 299.67
Provision for Tax 24.48 18.13 40.51 58.08 78.24
Net Profit 71.28 44.22 125.45 168.18 221.44
Adjusted EPS (Rs.) 0 1.07 3.01 4.03 5.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 13.51 13.76 20.81 20.84 20.91
Total Reserves 211.55 266.01 359.78 484.18 661.23
Borrowings 33.36 24.96 16.61 8.32 0
Other N/C liabilities 13.98 5.56 8.45 17.57 39.99
Current liabilities 154.57 50.09 93.87 112.76 171.55
Total Liabilities 426.97 360.38 499.51 643.66 893.69
Assets
Net Block 32.13 20.03 93.29 110.18 131.42
Capital WIP 65.39 69.04 0 0 0.82
Intangible WIP 0 0 0 0 0
Investments 191.15 191.65 193.33 195.33 200.98
Loans & Advances 5.28 12.32 44.45 32.02 5.15
Other N/C Assets 1.99 2.02 1.99 2 0
Current Assets 131.04 65.32 166.45 304.13 555.32
Total Assets 426.97 360.38 499.51 643.66 893.69
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 6.02 4.21 12.42 7.23 6.27
Profit Before Tax 76.34 76.45 77.16 97.37 100.51
Tax 19.7 19.53 21.66 25.14 25.46
Profit After Tax 56.65 56.92 55.5 72.23 75.06
Adjusted EPS (Rs) 13.59 13.64 13.27 17.42 18.08

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 47.99 0.01
Jun 2024 48.09 0.01
Mar 2024 48.03 0.01
Dec 2023 48.2 0.01
Sep 2023 48.69 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 95.76 62.35 165.95 226.26 299.67
Adjustment 17.17 15.9 13.94 8.96 3.77
Changes in Assets & Liabilities 49.23 -78.12 36.58 -77.62 9.12
Tax Paid -19.64 -23.63 -69.49 -48.83 -45.62
Operating Cash Flow 142.52 -23.5 146.98 108.78 266.94
Investing Cash Flow -156.12 52.05 -78.63 -44.34 -232.61
Financing Cash Flow 28.46 -16.68 -48.92 -64.18 -71.8
Net Cash Flow 14.86 11.86 19.43 0.26 -37.47
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