Anand Rathi Wealth Limited 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 India by gross commission earned in Fiscal 2020. They serve a wide spectrum of clients through a mix of wealth solutions, financial product distribution, and technology solutions. They provide services primarily through their flagship Private Wealth (“PW”) vertical where they manage ₹ 260.58 billion in AUM as of March 31, 2021.

Their AUM is a sum of;

• All third-party assets that generate commissions or incomes, which could be upfront and/or on a trial basis
• Custody assets of their Clients (They do not include clients that merely have a custody account i.e. a Demat account with them, but have no wealth assets such as mutual funds).

Their AUM does not include the value of the promoter holdings in companies in their AUM even though they may be in the Anand Rathi Group’s custody. Their clients or active client families include client families/groups with at least ₹5 million in cumulative AUM. Each ‘client family’ or ‘client’ may have one or more sub-accounts or family member accounts through which they invest.

Their process-driven approach aims to achieve consistent client outcomes through a standardized investment strategy, augmenting their RM capability. With regards to mutual fund distribution, they have devised in-house methodologies that consider a defined set of parameters for mutual fund selection. Structured products form an integral part of their model portfolios enabling more predictable and stable returns, with lower risk as compared to equity investment over a medium to long term period. Their relatively simple product mix of mutual funds and structured products further positions them well to capture our target clientele.

The entire public offer of Anand Rathi Wealth Limited comprises of Offer for Sale of up to 1,20,00,000 Equity Shares by the selling shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	284.19	58.43	14.4
March 2020	336.41	61.61	14.95
March 2021	279.25	45.10	10.85
Period ended August 31, 2021	168.90	51.088	12.25

IPO Schedule

Issue Period	2nd December 2021 to 6th December 2021
Finalization of Allotment	9th December 2021
Initiation of Refunds	10th December 2021
Credit of Shares	13th December 2021
Date of Listing	14th December 2021
Mandate end date	22nd December 2021
Anchor Investors Lock-In End Date	13th January 2022

How do I apply to the Anand Rathi Wealth Limited IPO?

You can apply for the Anand Rathi Wealth Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Anand Rathi Wealth Limited IPO?

You can check the allotment status for the Anand Rathi Wealth Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 9th December 2021.