Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients. The company provides services primarily through its flagship Private Wealth (PW) vertical where it manages ₹ 260.58 Bn in AuM as of March 31, 2021. The company’s PW vertical caters to 6,109 active client families, through a team of 233 RMs. In addition to the PW vertical, the company has 2 other new-age technology-led business verticals, i.e., Digital Wealth (DW) and Omni Financial Advisors (OFA).
The company has achieved a dominant position in the distribution of financial products, with a focus on the growing HNI segment. Currently, the company has a presence across 11 cities in India.
Competitive Strengths:
- Focus on the underserved HNI segment of great market potential
- Standardized solutions offered to clients based on an objective-driven approach
- One of the top 3 leading mutual fund distributors in India
- Focus on value-added services
- Attracting and retaining talent through an entrepreneurial work culture
- Unique marketing initiatives
Company Promoters:
Mr. Anand Rathi, Mr. Pradeep Gupta and Anand Rathi Financial Services Limited are the company promoters.
Company Financials:
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,394.42 | 4,090.64 | 2,308.27 |
| Total Revenue | 2,792.48 | 3,364.14 | 2,841.87 |
| Profit After Tax | 451.10 | 616.14 | 584.33 |
Objects of the Issue:
The objects of the offer are to achieve the benefits of listing the equity shares on the stock exchanges.
Anand Rathi IPO Details
| IPO Opening Date | |
| IPO Closing Date | |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | |
| Min Order Quantity | |
| Listing At | BSE, NSE |
| Issue Size | |
| Offer for Sale | 12,000,000 Eq Shares of ₹5 (aggregating up to ₹[.] Cr) |
Anand Rathi IPO Promoter Holding
| Pre Issue Share Holding | 74.96% |
| Post Issue Share Holding |
Company Contact Information
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
Anand Rathi IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: anandrathi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Anand Rathi IPO Lead Manager(s)
Lead Manager Reports