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 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 Year Ended||Revenue (₹ Crores)||PAT (₹ Crores)||EPS (₹)|
|Period ended August 31, 2021||168.90||51.088||12.25|
|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
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.