Tega Industries IPONovember 29, 2021
Rategain Travel Technologies IPODecember 6, 2021
Anand Rathi Wealth Limited IPO
Open: Dec 2, 2021 | Close: Dec 6, 2021
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About the Business
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 ₹ 294.72 Bn in AuM as of August 31, 2021. The company's PW vertical caters to 6,564 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.
Funds from the fresh issue will be used for
The Company will utilize fresh issue proceeds to achieve the benefit of listing shares on the stock exchange.
Company Financials: (in crores)
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- Step 1: Go to our website and select an IPO that you wish to apply for.
- Step 2: Log in your details (Non-Navjeevan Client can log in via their mobile number).
- Step 2: Enter the price at which you want to apply for shares and the number of lots and provide your UPI ID
- Step 4: Submit the application and then approve the block funds request on the UPI App.
- Step 5: Done
Open: Dec 2 | Close: Dec 6