Anand Rathi Wealth raises ₹194 crores from Anchor Investors ahead of IPO
Written by Lucky Wilson | KGTO Writer on December 1, 2021
The Anand Rathi group firm Anand Rathi Wealth raised ₹194 crores from anchor buyers on November 30, 2021 Tuesday earlier than the IPO. The Anand Rathi Wealth IPO to open on December 02, Thursday. The corporate allotted complete of 35,19,000 fairness shares to 19 Anchor buyers at a higher value band ₹550. The anchor buyers listing consists of 9 Mutual Funds by means of a complete of 16 schemes. The corporate goes to boost ₹660 crores through IPO (OFS). Try the ultimate listing of Anand Rathi Wealth Anchor Traders given beneath:
Anand Rathi Wealth Anchor Traders Record:
The IPO Committee of the Firm as its assembly held on December 01, 2021 in session with the E book Working Lead Managers to the Provide being (i) Equirus Capital Personal Restricted (ii) BNP Paribas, (iii) IIFL Securities Restricted, and (iv) Anand Rathi Advisors Restricted, and the promoting shareholders and have finalized allocation of 35,25,000 fairness shares in combination to Anchor Traders at Anchor Investor Allocation value of ₹500 per fairness share (together with a share premium of ₹545 per fairness share). The main points are given beneath:
The Anand Rathi Wealth IPO to open on 02 December and closes on 06 November 2021. The worth band is fastened at ₹530 to ₹550. Anand Rathi Wealth IPO utility minimal bid is for 27 Shares (₹14,850) and most bid is 351 shares (₹193,050). The E book Working Lead Managers of the IPO are Equirus Capital Personal Restricted, BNP Paribas, IIFL Securities Restricted and Anand Rathi Advisors Restricted.
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