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