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complete analysis on Anand Rathi Wealth Management Limited Management, Business Model, Financials, Growth, Valuations,
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Rathi Upcoming IPO.
ISIN
INE463V01026
Face Value
₹5.00
Total Income
₹279.25 Cr
Profit After Tax
₹45.11 Cr
EPS
₹16.53
P/E
46.16
P/B
9.33
Market Capitalisation
₹3,175.32 Cr
Enterprise Value
₹3,169.06 Cr
Book Value
₹81.78
Intrinsic Value
₹693.50
Dividend Yield
0.66 %
Earnings Yield
2.17 %
Sector
Financials
Sub-sector
Investment Banking
Category
Listed
Cashflow - Operations
-₹21.02 Cr
Cashflow - Financing
-₹16.67 Cr
Compounded Sales Growth
-20.04%
1 Year
6.28%
3 Year
59.48%
4 Year
Compounded Profit Growth
-26.79%
1 Year
-0.71%
3 Year
309.77%
4 Year
Return On Equity
20.05%
2021
54.45%
2019
100.66%
2018
Anand Rathi Wealth, the wealth management arm of Anand Rathi Financial Services, has filed a draft prospectus for an initial public offering. The Mumbai-based firm and other promoters will sell 1.2 crore shares in Anand Rathi Wealth through the issue to raise about ₹660 crore.
Open Date
2 Feb 2021 at 05:00 AM
Closed Date
6 Dec 2021 at 05:00 AM
Listing Date
14 Dec 2021 at 09:00 AM
Anand Rathi
Offer for Sale
₹ 660.00 Cr
Anand Rathi
Total IPO Size
₹ 660.00 Cr
Anand Rathi
Price Brand
₹ 530 - ₹ 550
Anand Rathi
Min Order Qty
27 Shares
Anand Rathi
Grey Market Premium
₹ 25 - ₹ 28
Anand Rathi Retail Subscription Status
7.76x
Anand Rathi QIB Subscription Status
2.50x
Anand Rathi Non-Institutional Subscription Status
25.42x
Anand Rathi Employee Quota Subscription Status
1.32x
Acquisition
Anand Rathi shares and stock brokers limited, AR Venture Funds Management and Anand Rathi financial services entered into an agreement to acquire Religare Wealth Management on Feb 17, 2017 and completed the acquisition in early 2017.
ARWL is one of the leading non-bank wealth solutions firms in India and have been ranked amongst the top three non-bank mutual fund distributors in India by gross commission earned in Fiscal 2020 (Source – CARE Advisory Research). They serve a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. They provide services primarily throug flagship Private Wealth (“PW”) vertical where the company manage ₹ 260.58 billion in AuM as on March 31, 2021.
Services-
Product-
As of March'21 total assets of the company include Right-of-Use Asset, Leasehold Improvements, Computer equipment, Vehicles, Office equipment, Furniture & Fixtures and Software.
The company owns Right-of-Use Asset of Rs.12.25 Cr.
The company owns Computer equipment Rs.2.76 Cr.
The company owns intangible assets including software worth Rs.32.18 Cr.
The company owns Office equipment and Furniture & Fixtures of worth Rs.3.07 Cr.
RECOMMENDATION
Buy
Industry Statistics
PUBLIC LIMITED
Registered In
India
last Updated
30/12/2021
Registered Date
22/03/1995
Planify Ticker
AR
Reg Office: 4th Floor, Silver Metropolis, Jai Coach Compound, Opposite Bimbisar Nagar, Goregaon East, Mumbai – 400063