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Anand Rathi Wealth IPO Subscription Status

Anand Rathi Wealth IPO was subscribed 9.78 times when bidding closed on 6 Dec 2021: QIB 2.5x, NII 25.42x, Retail 7.76x.

The Anand Rathi Wealth IPO has been subscribed 9.78x times overall. Retail investors have shown interest with bids for 7.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 25.42x. Qualified Institutional Buyers (QIBs) have subscribed 2.5x. Data last updated on 10 Nov, 07:27 AM.

The IPO subscription period has ended. The issue opened on 02 Dec, 2021 and closes on 06 Dec, 2021. The shares are expected to list on stock exchanges on 14 Dec, 2021.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 07:27 AM
Category Bid details Times
QIB - of - - 2.5x
NII - of - - 25.42x
Retail - of - - 7.76x
Employee - of - - 1.32x
TOTAL - - 9.78x
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Anand Rathi Wealth IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 8
~12.9% chance per PAN — based on 7.76x subscription. Winners get exactly 1 lot (₹14,850) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 25
~3.9% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
2.5x
Proportionate allotment — at 2.5x, institutions receive ~40% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 12.9% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
06 Dec 2021
Day 3
9.78x ▼
QIB2.5x BHNI- SHNI- Retail7.76x Employee1.32x
03 Dec 2021
Day 2
3.02x ▼
QIB0.17x BHNI- SHNI- Retail4.78x Employee0.66x
02 Dec 2021
Day 1
1.61x ▼
QIB0.01x BHNI- SHNI- Retail2.44x Employee0.42x

Anand Rathi Wealth IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 02 Dec 2021
  2. Close 06 Dec 2021
  3. Allotment 09 Dec 2021
  4. Refund/credit 10 Dec 2021
  5. Listing 14 Dec 2021

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
SBI SMALL CAP FUND ₹30.00 Cr 15.47%
ICICI PRUDENTIAL BANKING AND FINANCIAL SERVICES FUND ₹30.00 Cr 15.47%
FRANKLIN INDIA SMALLER COMPANIES FUND ₹30.00 Cr 15.47%
DSP SMALL CAP FUND ₹25.50 Cr 13.15%
INVESCO INDIA TAX PLAN ₹16.50 Cr 8.51%
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO SMALL CAP FUND ₹10.00 Cr 5.16%
NIPPON LIFE INDIA TRUSTEE LTD -A/C NIPPON INDIA GROWTH FUND ₹10.00 Cr 5.16%
ABAKKUS GROWTH FUND-1 ₹10.00 Cr 5.16%
COHESION MK BEST IDEAS SUB-TRUST ₹5.18 Cr 2.67%
RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED ₹5.00 Cr 2.58%
KOTAK FLEXICAP FUND ₹3.30 Cr 1.70%
KOTAK BALANCED ADVANTAGE FUND ₹3.30 Cr 1.70%
KOTAK INDIA EQ CONTRA FUND ₹3.30 Cr 1.70%
KOTAK SMALL CAP FUND ₹3.30 Cr 1.70%
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MULTICAP FUND ₹3.30 Cr 1.70%
QUANT MUTUAL FUND - QUANT SMALL CAP FUND ₹2.34 Cr 1.21%
QUANT MUTUAL FUND - QUANT ABSOLUTE FUND ₹1.04 Cr 0.53%
QUANT MUTUAL FUND - QUANT CONSUMPTION FUND ₹0.95 Cr 0.49%
QUANT MUTUAL FUND - QUANT MULTI ASSET FUND ₹0.85 Cr 0.44%
TOTAL ₹193.86 Cr 99.97%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Anand Rathi Wealth IPO?

As of IPO close date (06 Dec, 2021), the Anand Rathi Wealth IPO is subscribed 9.78x times. Retail category is 7.76x, and NII is 25.42x subscribed.

When is the allotment date for Anand Rathi Wealth IPO?

The allotment for Anand Rathi Wealth IPO is expected to be finalized on 09 December, 2021.

What is the GMP of Anand Rathi Wealth?

The Grey Market Premium (GMP) for Anand Rathi Wealth is currently ₹50, indicating a potential listing gain of 9%.

When will Anand Rathi Wealth IPO list on the stock market?

Anand Rathi Wealth is scheduled to list on BSE and NSE on 14 December, 2021.

What are the chances of getting allotment in Anand Rathi Wealth IPO?

The retail category is oversubscribed at 7.76x, meaning allotment is by lottery. Statistically, approximately 1 in 8 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.5x mean for Anand Rathi Wealth IPO?

Moderate — QIBs have subscribed 2.5x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Anand Rathi Wealth IPO allotment status?

After the allotment date (09 Dec, 2021), you can check your Anand Rathi Wealth IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
9.78x
QIB
2.5x
NII
25.42x
Retail
7.76x
Full IPO details
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