Anand Rathi Wealth IPO GMP History
Anand Rathi Wealth IPO has been listed on December 14, 2021 at a listing price of ₹600, against the issue price of ₹550 — a gain of ₹50 (+9.09%). The GMP peaked at ₹130 on 3 December 2021 and reached a low of ₹20 on 8 December 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Anand Rathi Wealth IPO raised ₹659.38 Cr. through its IPO at a price band of ₹530 to ₹550 per share, with a lot size of 27 shares. The IPO was open for subscription from 02 Dec 2021 to 06 Dec 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:27 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 13 Dec 2021 | ₹ 50 | — | 9% | — | — |
| 11 Dec 2021 | ₹ 50 | — | 9% | — | — |
| 10 Dec 2021 | ₹ 50 | ▲ | 9% | — | — |
| 09 Dec 2021 | ₹ 30 | ▲ | 5% | — | — |
| 08 Dec 2021 | ₹ 20 | ▼ | 4% | — | — |
| 07 Dec 2021 | ₹ 30 | ▼ | 5% | — | — |
| 06 Dec 2021 | ₹ 70 | ▼ | 13% | — | — |
| 04 Dec 2021 | ₹ 110 | ▼ | 20% | — | — |
| 03 Dec 2021 | ₹ 130 | ▲ | 24% | — | — |
| 02 Dec 2021 | ₹ 120 | — | 22% | — | — |
| 01 Dec 2021 | ₹ 120 | ▲ | 22% | — | — |
| 30 Nov 2021 | ₹ 80 | — | 15% | — | — |
Anand Rathi Wealth IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 02 Dec 2021
- Close 06 Dec 2021
- Allotment 09 Dec 2021
- Refund/credit 10 Dec 2021
- Listing 14 Dec 2021
Anand Rathi Wealth IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹550 |
|---|---|
| GMP-based estimate (pre-listing) | ₹600 (+9.1%) |
| Listing gain / loss | +₹50 per share |
| Listing date | 14 Dec, 2021 |
| Actual listing price | ₹600 (+9.09%) |
Is Anand Rathi Wealth IPO GMP reliable?
Grey market premium for Anand Rathi Wealth IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Anand Rathi Wealth IPO full review for a fundamentals-based assessment before making any grey market trades.
Anand Rathi Wealth IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Anand Rathi Wealth IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Anand Rathi Wealth IPO
Anand Rathi Wealth Limited was incorporated as Hitkari Finvest Private Limited on 22 March 1995. It is one of the leading non-bank wealth solutions firms in India and has ranked among the top three non-bank mutual fund distributors in the country.
It offers wealth solutions, financial product distribution and technology solutions. Its flagship Private Wealth vertical managed Rs 294.72 billion of AUM on 31 August 2021 for 6,564 active client families through 233 relationship managers.
It also runs two newer technology-led verticals, Digital Wealth and Omni Financial Advisors. It is present in 11 cities in India and focuses on the HNI segment.
The IPO was Rs 659.38 crore and was entirely an offer for sale, so the company received none of the money.
Frequently asked
What is the GMP of Anand Rathi Wealth IPO?
The current Grey Market Premium (GMP) of Anand Rathi Wealth IPO is ₹ 50.
What is the Kostak Price of Anand Rathi Wealth IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Anand Rathi Wealth IPO is not available.
What is the Subject to Sauda Price of Anand Rathi Wealth IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Anand Rathi Wealth IPO?
Anand Rathi Wealth IPO listed on December 14, 2021 at ₹600, against the issue price of ₹550 — a gain of +9.09%.
How did the GMP of Anand Rathi Wealth IPO trend before listing?
The GMP of Anand Rathi Wealth IPO was stable in its final days before listing. The GMP peaked at ₹130 on 3 December 2021. View the day-wise table above for the complete GMP history.
Explore Anand Rathi Wealth IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
