Anand Rathi Wealth Share Price

Anand Rathi Wealth Limited (ARWL) was originally incorporated as Hitkari Finvest Private Limited on March 22, 1995. Thereafter, the Company was renamed as AR Venture Funds Management Private Limited on 06 April, 2005, which later converted its status from a Private Limited to a Public Limited Company to AR Venture Funds Management Limited on 08 March, 2007. Subsequently, AR Venture Funds Management Limited was converted to a Private Company with the name AR Venture Funds Management Private Limited on 07 July, 2015. Thereafter, AR Venture Funds Management Private Limited was again converted to a Public company with name AR Venture Funds Management Limited on 03 April 2017. Subsequently, AR Venture Funds Management Limited was renamed as Anand Rathi Wealth Services Limited on 06 July, 2017 and thereafter, was renamed as Anand Rathi Wealth Limited on 7 January, 2021. The Company began its operations as a mutual fund distributor registered with AMFI. Over the years, it has carved a niche as a wealth solutions provider for high and ultrahighnetworth individuals (HNIs and UHNIs) in India. It also extended the services to the nonresident Indian (NRI) community from its representative office in Dubai. The firms extensive network of Relationship Managers covers all major Indian cities, ensuring objectivebased and standardised solutions to meet the clients financial aspirations. Companys flagship Private Wealth (PW) vertical is pivotal in their service, managing assets worth Rs.75,291 Crores as of March 31, 2025.Anand Rathi Wealth Limited is a Nifty 500listed companythat has been in the business of private wealth since 2002, catering to HighNetWorth Individuals (HNIs) and UltraHighNetWorth Individuals (UHNIs).Initially starting as an AMFIregistered mutual fund distributor, Company has grown into a holistic wealth solution Company. Registered with AMFI as a Mutual Fund Distributor, ARWL oversee Assets Under Management (AUM) of over Rs 1,00,000 Crores across 13,395 client families in India and abroad. Their team of 401 Relationship Managers (RMs) operates across 18 cities in India, with an international presence in Dubai. ARWL has opened its United Kingdom unit, which has also receivedFCA approval,further strengthening the global footprint.On 08 August 2016,the company issued and allotted 6230464 bonus equity shares of Rs 10 each to the shareholders in the ratio of 32:1.On 14 August 2018,the company has subdivided its face value of equity shares from Rs 10 to Rs 5.On 16 July 2021,the company has issued and allotted 13872087 equity shares of Rs 5 each as bonus shares to the shareholders in the ratio of 1:2.The Company launched Initial Public Offering by issuing 12,000,000 Equity Shares through Offer for Sale by raising capital from public aggregating to Rs 659.38 crore in December, 2021. The Company expanded its presence into 4 new cities: Ahmedabad, Vishakhapatnam, Coimbatore and Nagpur in 2022 and in 2024, has expanded its presence to Lucknow and Jabalpur.