Anand Rathi IPO Analysis, GMP, Subscription On Day 3 etc.

Anand Rathi IPO Analysis, GMP, Subscription On Day 3,Lot Size, Share Price, Issue Size, Allotment Status etc.

Anand Rathi IPO of Rs. 660 Cr is coming soon to list on the BSE and NSE. The IPO opens for subscription from 2 Dec to 6 Dec 2021. The IPO price band is fixed at Rs. 530-550 and one can apply for the lot size of 27 shares. There is an employee reservation of upto 250,000 shares and the company offers an employee discount of Rs. 25 per share. Stay updated with us to know more about the Anand Rathi IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.

Anand Rathi IPO Details

IPO Issue Opening Date	2nd Dec 2021
IPO Issue Closing Date	6th Dec 2021
IPO Issue Price	₹530-550
IPO Listing At	BSE, NSE
IPO Category	Mainline
IPO Issue Type	Book Built Issue IPO
IPO Issue Size	₹660 Cr
Offer for Sale	12,00,000 shares at ₹550 per share [Aggregating upto ₹660 Cr]
Face Value	₹5 Per Equity Share
IPO Discount	Employee: ₹25 per share
Market Lot	27 Shares
Min Retail (Qty) Max Retail (Qty)	27 shares(1 lot) 351 shares(13 lots)

Date of  Listing:

IPO Issue Opening Date	2nd Dec 2021
IPO Issue Closing Date	6th Dec 2021
Basis of Allotment Finalisation Date	9th Dec 2021
Refunds Initiation	10th Dec 2021
Credit of Shares to Demat Account	13th Dec 2021
IPO Listing Date	14th Dec 2021
Retail Quota	35%
QIB Quota	50%
NII Quota	15%
IPO Discount Employees	₹25 per share

IPO Subscription On Day 3 :-

    

   QIB Subscription :-  2.50x

   NII  Subscription :-  25.42x

   RII  Subscription :-   7.75x

   EMP Subscription :-  1.32x

   Total :-   9.78x

About Company - Anand Rathi

Anand Rathi is one of the leading non-banking wealth solution companies in India and one of the top 3 non-banking mutual fund distributors in India by gross commission earned in Fiscal 2020. The company offers a wide spectrum of wealth solution products, financial product distribution, and technology solutions. The firm has achieved a dominant position with a focus on the growing HNI segment. As of March 31, 2021 its private wealth vertical caters to 6109 active clients. Apart from the PW segment, it also operates two other verticals i.e. Digital Wealth (DW), and Omni Financial Advisors (OFM). It has a strong market presence across 11 cities in Mumbai, Delhi, Bengaluru, Gurugram, Hyderabad, Kolkata, Chennai, Pune, Chandigarh, Jodhpur, and Noida and also have an office in Dubai.

IPO Registrar :-

Link Intime India Private Ltd ,C 101, 247 Park, L.B.S.Marg,Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email: anandrathi.ipo@linkintime.co.in

IPO Allotment Status :-

Check Allotment Status

Disclamer :-

IPO Grey Market Premium (Anand Rathi  IPO GMP) mention is valid for the specific date as mentioned in the header.  We are not buying and selling IPO forms on IPO Grey Market.  Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue. Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.