Anand Rathi Wealth IPO Subscription Details
Anand Rathi Wealth IPO is subscribed 9.78 times on Dec 6, 2021 5:00:00 PM. The public issue subscribed 7.76 times in the retail category, 2.50 times in the QIB category, and 25.42 times in the NII category.
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Anand Rathi IPO Company Details
Anand rathi Wealth Ltd. (ARWL) is one of the leading non-bank wealth solutions firms in India and have been ranked amongst one of the three largest non-bank mutual fund distributors in India by gross commission earned in Fiscal 2019, 2020 and 2021. The company was incorporated on March 22, 1995 & today serve a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. The company acts as a mutual fund distributor and also purchases non-convertible market linked debentures and offers them to its clients and earn income from sales.
| IPO Opening Date | Dec 2, 2021 |
| IPO Closing Date | Dec 6, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹530 to ₹550 per equity share |
| Market Lot | 27 Shares |
| Min Order Quantity | 27 Shares |
| Listing At | BSE, NSE |
| IPO Open Date | Dec 2, 2021 |
| IPO Close Date | Dec 6, 2021 |
| Basis of Allotment Date | Dec 9, 2021 |
| Initiation of Refunds | Dec 10, 2021 |
| Credit of Shares to Demat Account | Dec 13, 2021 |
| IPO Listing Date | Dec 14, 2021 |
Anand Rathi Wealth Contact Details
Anand Rathi Wealth Limited
Express Zone, A Wing, 10th Floor,
Western Express Highway, Goregaon (E),
Mumbai 400 063, Maharashtra, India.
Phone: +91 (22) 6281 7000
Email: csarwsl@rathi.com
Website: https://rathi.com/Wealth/index.php
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