Anand Rathi IPO share allotment announced! Check online status, GMP, know how to

Anand Rathi IPO share allotment has been announced. Bidders can check the status online on bseindia.com or linkintime.co.in.

Anand Rathi IPO share sale raised around ₹194 crore from the key investors. (Anand Rathi)

Anand Rathi Wealth Limited, India's non-bank wealth solution company, announced its initial public offering (IPO) share allotment status yesterday, that is, December 9. Subscribers who had applied for the public issue worth ₹660 crore can check the status online now. The company had initiated its public issue on December 2 with the fixed price band at ₹530 to ₹550 per share. Till the last day of subscription on December 6, the company has raised around ₹194 crore from the key investors. Anand Rathi IPO GMP (grey market value) has surged to ₹55 on December 9, according to market experts.

Bidders who had subscribed to the Anand Rathi Wealth IPO share sale can check their status online on the Bombay Stock Exchange (BSE) website and via the official registrar of the company's IPO Link Intime India Private Limited website. Though the investors who couldn't get the allotment in Anand Rathi IPO will get the refunds from today, December 10. While the lucky bidders may get their credit of shares in their demat account by December 13. The listing of the IPO is scheduled to happen on December 14 on BSE and NSE. 

Anand Rathi IPO in numbers

- By the end of the third and the last day of subscription, Anand Rathi IPO had been subscribed 9.78 times.

- The NSE data showed that the Retail individual investors overbooked the subscription by 7.76 times as it received 31900851 bids against the 4112500 shared bids.

- The non-institutional category bid 25.42 times with 44808147 shares.

- Qualified Institutional Buyers (QIBs) subscribed 2.5 times.

- The overall IPO of Anand Rathi received bids for 8,29,21,509 shares as against the offered shares of 84,75,000.

How to check the allotment status of Anand Rathi IPO?

If you still haven't checked the status of Anand Rathi IPO allotment then you can log in to the official website of BSE, bseindia.com or can visit with this direct link - https://www.bseindia.com/investors/appli_check.aspx. Click on 'Equity' and then select Anand Rathi Wealth IPO in the menu. Following that, you will need to provide your application number and PAN card number. Confirm the captcha and tap the 'Submit' button.

Another way to check the status is via the official registrar website of the company's IPO, which is Link Intime. You can Visit the official website of Link Intime via link - https://linkintime.co.in/MIPO/Ipoallotment.html. Then select one option among our PAN card number, Application number or DP Client ID from the top bar and then select the name of the company. Finally tap on 'Search' and here you will get your allotment status on your screen.