Business

Anand Rathi Wealth's share allocation is expected to occur on December 9Anand Rathi Wealth IPO's share allotment is anticipated to happen tomorrow, i.e.

December 9.

The shares may debut on stock exchanges on December 14.

Subscribers can examine their allotment status either through the Bombay Stock Market (BSE) site or through the registrar, Link InTime India's website.Anand Rathi Wealth's IPO had closed on December 6, 2021.

After completion of its three-day subscription duration, the public concern worth Rs 660 crore was subscribed 9.78 times.

The general public concern got subscribed 7.76 times in the retail classification, 2.50 times in the certified institutional purchasers classification and 25.42 times in the non-institutional financiers category.As these days, Anand Rathi Wealth's shares were readily available at a premium of Rs 30 in the grey market, according to market watchers.To examine the share allocation status on the BSE website, financiers can go to it by going to the Status of Problem Application page and clicking the Equity option.From the drop-down menu beside the concern name, they can pick the alternative 'Anand Rathi Wealth' and enter their application number.After this, PAN details can be filled and after clicking on the Captcha that states I am not a Robotic , they can click Send option.Once this is done, the details of the allotment status of investor's quote will be shown.

The status will be visible just after the share allotment gets finalised.A comparable process can likewise be followed by checking out the registrar's site.





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