Anand Rathi Wealth Limited IPO (Anand Rathi IPO) Detail

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:

ParticularsFor the year/period ended (₹ in Millions)
Total Assets3,394.424,090.642,308.27
Total Revenue2,792.483,364.142,841.87
Profit After Tax451.10616.14584.33

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 TypeBook Built Issue IPO
Face Value₹5 per equity share
IPO Price[.] to [.] per equity share
Market Lot
Min Order Quantity
Listing AtBSE, NSE
Issue Size
Offer for Sale12,000,000 Eq Shares of ₹5
(aggregating up to ₹[.] Cr)

Anand Rathi IPO Promoter Holding

Pre Issue Share Holding74.96%
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

Anand Rathi IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Anand Rathi IPO Lead Manager(s)

  1. Anand Rathi Securities Limited
  2. BNP Paribas
  3. Equirus Capital Private Limited
  4. IIFL Securities Ltd

Lead Manager Reports

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