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December 02, 2021
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 |
How to apply via ABMA App | How to apply via Web Platform
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.
