Rathi Archives | Awaz Entertainment

Anand Rathi Wealth Q4 profit rises over three-fold to Rs 35 crore

On: April 12, 2022

Anand Rathi Wealth on Tuesday reported an over three-fold jump in its profit after tax at Rs 35 crore for the quarter ended March 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 10 crore in the same quarter the preceding fiscal, Anand Rathi Wealth said in a statement. Revenue…Continue Reading

Anand Rathi Wealth IPO subscribed 4 times so far; issue closes today

By: Awaz Entertainment

On: December 6, 2021

In: International News

With: 0 Comments

SynopsisThe quota reserved for retail bidders was subscribed 5.9 times, whereas the non-institutional investor’s portion was subscribed over 4.4 times. iStockBrokerage firm ICICI Securities is positive on the space and assigned a ‘Subscribe’ to the IPO. The brokerage said that it is a play on the wealth management business where the ultra HNI segment is…Continue Reading