Anand Rathi Wealth IPO - Healthy Prospects; Valuations Look Pricey: Reliance Securities

Anand Rathi Wealth IPO - Healthy Prospects; Valuations Look Pricey: Reliance Securities

A trader looks at financial data on computer screens on the trading floor in London, U.K. (Photographer: Luke MacGregor/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities' IPO Report

Anand Rathi Wealth Ltd., incorporated in 1995, is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the top three non-bank mutual fund distributors in the country.

Anand Rathi Wealth offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.

The company provides services primarily through its flagship private wealth vertical, where it manages Rs 295 billion in assets under management as of August 31, 2021.

Anand Rathi Wealth’s private wealth vertical caters to 6,564 active client families, through a team of 233 relationship managers.

In addition to the private wealth vertical, the company has two other new-age technology-led business verticals - Digital Wealth and Omni Financial Advisors.

Click on the attachment to read the full IPO report:

Reliance Securities Anand Rathi Wealth IPO Note.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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