Anand Rathi Wealth’s shares will be listed on the exchange on December 14
Shares of Anand Rathi Wealth will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on December 14.
Anand Rathi Wealth, a leading wealth solutions company in the non-banking sector, went public earlier this month between December 2 and 6, 2021, to investors. registered almost 10 times.
It attracted bids for 8.29 crore of equity shares compared to the IPO size of 84.75 lakh in equity shares.
The section dedicated to qualified institutional buyers (QIBs) was registered 2.5 times and that of non-institutional investors 25.42 times.
The company is primarily active in the asset management sector, through the private property industry with total assets under management of Rs 29,472 crore as of 31 August.
