IPO Alert: Anand Rathi Wealth Ltd.
Incorporated in 1995, ARWL is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the Top-3 non-bank mutual fund distributors in India. The company distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies.
|Bid/Offer Opens On||Thursday, 02-Dec-21|
|Bid/Offer Closes On||Monday, 06-Dec-21|
|Price Band||Rs. 635 - Rs. 659 per equity share|
|Lot Size||27 Shares|
The below table has important dates with respect to the IPO allotment and listing.
|Finalization of Basis of Allotment||09-Dec-21|
|Initiation of Refunds||10-Dec-21|
|Credit of Shares to Demat Acct||13-Dec-21|
|IPO Shares Listing Date||14-Dec-21|
|UPI mandate expiry date||15-Dec-21|
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.