Sharekhan

December 1, 2021

This is to inform you that Anand Rathi Wealth Limited is coming out with a public issue to raise Rs.659.38 crore from the market.

The issue opens on December 2 and closes on December 6, 2021.

Details of the Anand Rathi Wealth Limited IPO

Company Details	:	Anand Rathi Wealth Limited is one of the leading non-bank wealth solutions firms in India and have been ranked amongst one of the three largest non-bank mutual fund distributors in India by gross commission earned in Fiscal 2019, 2020 and 2021 (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 through their flagship Private Wealth (“PW”) vertical where they manage ₹ 294.72 billion in AuM as on August 31, 2021. They (a) acts as a mutual fund distributor, registered with the Association of Mutual Funds in India. They distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies; (b) purchases non-convertible market linked debentures (“MLDs”) and offers them to its clients and earns income from these sales. They commenced activities in Fiscal 2002 as an AMFI registered mutual fund distributor and have evolved into providing, well researched solutions to their Clients by facilitating investments in financial instruments through an objective driven process. They are currently present across 11 cities in India, namely, Mumbai, Bengaluru, Delhi, Gurugram, Hyderabad, Kolkata, Chennai, Pune, Chandigarh, Jodhpur and Noida and they have a representative office in Dubai. Their business strategies are implemented by a team of experienced professionals, with relevant functional and product expertise. They have been ranked in top 50 in India’s Great Mid-Size Workplaces 2017, 2018 and 2020 by Great Place to Work Institute India. In addition to PW vertical, they have two other new age technology led business verticals, i.e., Digital Wealth (“DW”) and Omni Financial Advisors (“OFA”). They believe that technology is the key to keeping their business future proof. These in-house developed technologies, including mobile application for clients and partners provides them a ready platform to integrate with their PW vertical in future as and when required reducing their time to market for a digital solution.
Issue Period	:	Issue opens on: Thursday, December 2, 2021 Issue closes on: Monday, December 6, 2021
Price Band	:	Rs.530 to Rs.550 per equity share
Bid Lot	:	27 equity shares and in multiple thereafter.
Issue Size	:	Rs.659.38 crore
Employee Reservation	:	Upto 2,50,000 equity shares
Employee Discount	:	Rs. 25 Per Share
Issue break-up	:	QIB - 50% of the net offer – Rs.323.13 crore NIB - 15% of the net offer - Rs.96.94 crore RET - 35% of the net offer - Rs.226.19 crore
Listing	:	NSE and BSE
Registrar	:	Link Intime India Private Limited
UPI	:	All Retail Applications through brokers are compulsorily in UPI Mode

Watch these 4 videos to know how to apply for the Anand Rathi Wealth Limited IPO online easily.

Step 1: Create an UPI ID

Create UPI ID

Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Remember these points while applying for IPOs

With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.

Currently, UPI works on the following mobile applications:

Name of App (Supported Platforms)	VPA Handle
BHIM Baroda Pay (only Android)	@BARODAMPAY
BHIM Oriental Pay (Only Android)	@obc
BHIM RBL Pay (Android & iOS)	@rbl
BHIM (android & iOS)	@upi
BHIM ALLBANK UPI (only Android)	@allbank
BHIM Axis Pay (only android)	@axisbank
BHIM IndusPay (only Android)	@indus
BHIM Lotza UPI (only Android)	@federal
BHIM SBIPay (only android)	@sbi
Citi Mobile (android & iOS)	@citi & @citigold
Google Pay (android & iOS)	@okhdfcbank \| @okaxis \| @oksbi \| @okicici
HSBC Simply Pay (android & iOS)	@hsbc
iMobile by ICICI Bank (android users)	@icici
Kotak Mobile Banking App (Android)	@kotak
Phone-Pe (android & iOS)	@ybl
SIB Mirror+ (only Android)	@sib
BHIM YES PAY (only Android)	@yesbank
DigiBank - DBS (Android & iOS	@dbs
Paytm (Andriod & iOS)	@paytm
BHIM AUPay (Android & iOS)	@aubank
Freecharge (Android & iOS)	@freecharge
BHIM BANDHAN UPI (Android & iOS)	@bandhan
BHIM KBL UPI (Android)	@kbl
Phone-Pe (Android & iOS)	@ybl, @axl, @ibl

To avoid rejection, download the latest version of the app.
Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
If you forget the UPI PIN, simply reset it instead of entering a wrong one.
If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.

Published by Team Internal Communications
This newsletter is for internal circulation only. It may not be published, reproduced or quoted in part or in whole, nor may it be published on social media without prior consent. The content is strictly copyright and reproduction of the whole or part of it in any form is prohibited without written permission from the Internal Communications department of Sharekhan.

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