{"id":8255,"date":"2021-11-30T14:52:35","date_gmt":"2021-11-30T09:22:35","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=8255"},"modified":"2021-12-03T15:46:30","modified_gmt":"2021-12-03T10:16:30","slug":"anand-rathi-wealth-limited-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/anand-rathi-wealth-limited-ipo\/","title":{"rendered":"Anand Rathi Wealth Limited IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8255\" class=\"elementor elementor-8255\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-261d2924 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"261d2924\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55e2de9f\" data-id=\"55e2de9f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59479e12 elementor-widget elementor-widget-text-editor\" data-id=\"59479e12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Anand Rathi Wealth Limited, a wealth management and financial services company, is set to open for subscription of its initial public offering (IPO) on December 2 and close on December 6, 2021.<\/p><p>The company is planning to raise Rs 660 crore through the sale of 1.2 crore equity shares in the IPO. The IPO comprises of only Offer For Sale by promoters and selling shareholders. The price band is fixed between Rs 530 and Rs 550 per equity share. The face value is Rs 5 apiece.<\/p><p class=\"article_desc\">The IPO includes a reservation of 2.5 lakh equity shares for the company&#8217;s employees, who will get the shares at a discount of Rs 25 to the final issue price.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ef955ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ef955ab\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f857e22\" data-id=\"6f857e22\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1153c49d elementor-widget elementor-widget-heading\" data-id=\"1153c49d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e1f25a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e1f25a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6cf039d4\" data-id=\"6cf039d4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36d7fcaa elementor-widget elementor-widget-text-editor\" data-id=\"36d7fcaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and it is one among the top three non-bank mutual fund distributors in India by gross commission earned in fiscal year 2019, 2020 and 2021, according to CARE Research.\u00a0<span style=\"font-size: 16px;\">The company provides wealth solutions, financial product distribution and technology solutions to their customers.<\/span><\/p><p>The wealth management company acts as a mutual fund distributor, registered with the Association of Mutual\u00a0<span style=\"font-size: 16px;\">Funds in India. It distributes mutual fund schemes managed by asset management companies and earns\u00a0<\/span><span style=\"font-size: 16px;\">distribution commissions on a trail basis from asset management companies.\u00a0<\/span><span style=\"font-size: 16px;\">Furthermore, it purchases non-convertible market linked debentures (\u201cMLDs\u201d) and offers them to its clients and earns income from these sales.<\/span><\/p><p>Anand Rathi\u2019s flagship Private Wealth (\u201cPW\u201d) vertical manages Rs 294.72 billion in asset under management (AUM) as on August 31, 2021. Its PW vertical caters to 6,564 active client families, serviced by a team of 233 relationship managers.<\/p><p>They also have two more verticals &#8211; Digital Wealth (DW) and Omni Financial Advisors (OFA).<\/p><p>The DW vertical addresses the large mass affluent segment (i.e. group of individuals with financial assets between Rs 10 lakh to Rs 5 crore) present in the market with a wealth solution delivered through a phygital channel. As of August 31, 2021, the AUM for its DW vertical stood at Rs 738 crore with 3,491 clients and 195 client engagement partners.<\/p><p>The company&#8217;s OFA vertical provides a technology platform for Independent Financial Advisors (\u201cIFAs\u201d) to service their clients and expand their business. Within a short period of over five years since its launch in September, 2016, it has become India\u2019s leading technology platforms for IFAs in terms of subscribers with 5,062 IFAs, as of August 31, 2021. These IFAs handle around 1.63 million clients.<\/p><p>They are currently present in 11 cities across India, namely, Mumbai, Bengaluru, Delhi, Gurugram, Hyderabad, Kolkata, Chennai, Pune, Chandigarh, Jodhpur and Noida. In addition, they also have a representative office in Dubai.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-202ebbb5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"202ebbb5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffdaee\" data-id=\"ffdaee\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e343aaa elementor-widget elementor-widget-heading\" data-id=\"7e343aaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Strength <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62369e78 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62369e78\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62c2ff95\" data-id=\"62c2ff95\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-604543c3 elementor-widget elementor-widget-text-editor\" data-id=\"604543c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><p>Focus on the underserved and less price sensitive high net worth individual (HNI) segment.<\/p><\/li><li><p>Holistic and standardized solutions offered to clients based on an objective-driven approach.<\/p><\/li><li><p>Presence in non-convertible market linked debentures.<\/p><\/li><li><p>Rendering value added services such as safety net and estate planning services.<\/p><\/li><li><p>Strategic approach to the marketing initiatives.<\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32796afd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"32796afd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40c340f3\" data-id=\"40c340f3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6569a95c elementor-widget elementor-widget-heading\" data-id=\"6569a95c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Promoters <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b7eeb8b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b7eeb8b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-50dddb6e\" data-id=\"50dddb6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c30e2f2 elementor-widget elementor-widget-text-editor\" data-id=\"5c30e2f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Anand Rathi, Pradeep Gupta and Anand Rathi Financial Services Limited are the promoters of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e5e35de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e5e35de\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42139aa9\" data-id=\"42139aa9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a38d5aa elementor-widget elementor-widget-heading\" data-id=\"1a38d5aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Financials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-202479ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"202479ee\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5ef35522\" data-id=\"5ef35522\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b123d46 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"b123d46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td rowspan=\"2\"><p><strong>Particulars<\/strong><\/p><\/td><td colspan=\"4\"><p><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 For the period ended (Rs in crore)<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Apr-Aug of FY22<\/strong><\/p><\/td><td><p><strong>FY21<\/strong><\/p><\/td><td><p><strong>FY20<\/strong><\/p><\/td><td><p><strong>FY19<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Total Assets<\/strong><\/p><\/td><td><p>402.32<\/p><\/td><td><p>339.44<\/p><\/td><td><p>409.06<\/p><\/td><td><p>230.83<\/p><\/td><\/tr><tr><td><p><strong>Total Revenue<\/strong><\/p><\/td><td><p>168.90<\/p><\/td><td><p>279.25<\/p><\/td><td><p>336.41<\/p><\/td><td><p>284.19<\/p><\/td><\/tr><tr><td><p><strong>Profit After Tax<\/strong><\/p><\/td><td><p>51.09<\/p><\/td><td><p>45.09<\/p><\/td><td><p>61.61<\/p><\/td><td><p>58.43<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d4f9152 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d4f9152\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-462e476\" data-id=\"462e476\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4e7307b elementor-widget elementor-widget-heading\" data-id=\"4e7307b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Purpose of the IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4a198e87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a198e87\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49b39c8f\" data-id=\"49b39c8f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-abf31f2 elementor-widget elementor-widget-text-editor\" data-id=\"abf31f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><p>The company plans to achieve the benefits of listing on the stock exchanges. The net proceeds from the Offer For Sale will go to selling shareholders and the company shall not receive any proceeds from the Offer For Sale.<\/p><\/li><li><p>The company believes the listing will enhance their brand name and provide liquidity to the existing shareholders.<\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13275ea6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13275ea6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-371965ca\" data-id=\"371965ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55410e21 elementor-widget elementor-widget-heading\" data-id=\"55410e21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-15bbe2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"15bbe2b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74a211e\" data-id=\"74a211e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e2ede4 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"3e2ede4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>IPO Opening Date<\/strong><\/p><\/td><td><p>December 2, 2021<\/p><\/td><\/tr><tr><td><p><strong>IPO Closing Date<\/strong><\/p><\/td><td><p>December 6, 2021<\/p><\/td><\/tr><tr><td><p><strong>Issue Type<\/strong><\/p><\/td><td><p>Book Built Issue IPO<\/p><\/td><\/tr><tr><td><p><strong>Face Value<\/strong><\/p><\/td><td><p>Rs 5 per equity share<\/p><\/td><\/tr><tr><td><p><strong>IPO Price<\/strong><\/p><\/td><td><p>Rs 530 to Rs 550 per equity share<\/p><\/td><\/tr><tr><td><p><strong>Market Lot<\/strong><\/p><\/td><td><p>27 Shares<\/p><\/td><\/tr><tr><td><p><strong>Min Order Quantity<\/strong><\/p><\/td><td><p>27 Shares<\/p><\/td><\/tr><tr><td><p><strong>Listing At<\/strong><\/p><\/td><td><p>BSE, NSE<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-787d4b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"787d4b9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cdb3929\" data-id=\"cdb3929\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-07880b6 elementor-widget elementor-widget-heading\" data-id=\"07880b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6689581 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6689581\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b3e7ddd\" data-id=\"b3e7ddd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6807477 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6807477\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Application<\/strong><\/p><\/td><td><p><strong>Lots<\/strong><\/p><\/td><td><p><strong>Shares<\/strong><\/p><\/td><td><p><strong>Amount in Rs (Cut-off)<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Minimum<\/strong><\/p><\/td><td><p>1<\/p><\/td><td><p>27<\/p><\/td><td><p>Rs 14,850<\/p><\/td><\/tr><tr><td><p><strong>Maximum<\/strong><\/p><\/td><td><p>13<\/p><\/td><td><p>351<\/p><\/td><td><p>Rs 1,93,050<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-866a646 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"866a646\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a0e9d2\" data-id=\"3a0e9d2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c9e29c elementor-widget elementor-widget-heading\" data-id=\"5c9e29c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h2 style=\"font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-weight: var( --e-global-typography-primary-font-weight );font-style: normal;white-space: normal\">IPO Allotment Details<\/h2><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-212d9c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"212d9c8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b418a4\" data-id=\"5b418a4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16a4b8d elementor-widget elementor-widget-text-editor\" data-id=\"16a4b8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-family: Roboto, sans-serif; font-size: 16px; font-weight: 400; font-style: normal; color: #000000;\">Anandh Rathi IPO allotment date is Dec 9, 2021, and the expected return of refund is on Dec 10, 2021<\/p><p style=\"font-family: Roboto, sans-serif; font-size: 16px; font-weight: 400; font-style: normal; color: #000000;\">You can check your allotment in\u00a0<a style=\"font-size: 16px;\" href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\">BSE<\/a>\u00a0or\u00a0<a style=\"font-size: 16px;\" href=\"https:\/\/linkintime.co.in\/IPO\/public-issues.html\">Linkintime\u00a0<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b809363 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b809363\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-373a124c\" data-id=\"373a124c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4631348a elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4631348a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Anand Rathi Wealth Limited, a wealth management and financial services company, is set to open for subscription of&hellip;","protected":false},"author":5,"featured_media":8274,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[46,43,24,23,55,422],"class_list":{"0":"post-8255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-market-news","9":"tag-market-update","10":"tag-share-market","11":"tag-stock-market","12":"tag-upcoming-ipo","13":"tag-wealth-management","14":"cs-entry","15":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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