Anand Rathi Wealth IPO share allotment starts on December 9: Know how to check status on BSE, Link Intime

Anand Rathi Wealth Ltd initial public offer (IPO) closed with the issue getting subscribed 9.78 times on Monday, the last date to apply for this offer. The IPO had opened on December 2. The IPO received bids for 8,29,21,509 shares as against the allotted 84,75,000 shares.  

The non-institutional investors category saw maximum subscription with the category getting booked 25.42 times. The retail investors booked the issue 7.76 times and the QIBs portion was subscribed 2.5 times. The employee's quota was also oversubscribed by 1.32 times. The equity shares of the company will be listed on BSE and NSE.    

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Share allotment for Rs 660-crore IPO will begin starting December 9, 2021, as per discount broker Upstox. Those who have applied for this IPO can check share allotment on the BSE official website and Link Intime India Private Ltd, registrar of the IPO.  

Anand Rathi Wealth IPO Allotment Status Check on BSE  

Step 1: Go to https://www.bseindia.com/investors/appli_check.aspx.   

Step 2: Select ‘equity’ option and then issue name – ‘Anand Rathi Wealth IPO’ from the dropdown 

Step 3: Enter your application number and PAN card number.   

Step 4: Check 'I am not a robot' and hit submit to know the status.  

Anand Rathi Wealth IPO Allotment Status Check on Registrar’s Website—Link Intime India Private Limited

Sep 1: Go to https://www.linkintime.co.in/MIPO/Ipoallotment.html   

Step2: On this page enter issue name, which is Anand Rathi Wealth IPO, once activated 

Step 3: Enter Pan Card details 

Step 4: Proceed to next step and enter application number and finally client ID 

Step5: After filling all the boxes with right details, hit submit to know the allotments status. 

Anand Rathi Wealth operates in the financial services industry with a focus on mutual fund distribution and the sale of financial products. The company commenced activities in fiscal 2002 and is AMFI registered mutual fund distributor. It has evolved into providing well-researched solutions to its clients through a mix of wealth solutions, financial product distribution and technology solutions to a wide spectrum of clientele.