Stock Market, IPO, IPO corner, BSE, NSE, Sensex, Nifty, Draft red herring prospectus
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IPO Corner
Anand Rathi Wealth Services files for Rs 425-crore IPO

The IPO comprises fresh issue of equity shares by Anand Rathi Wealth Services aggregating up to Rs 125 crore and an offer for sale of up to Rs 300 crore by the promoter Anand Rathi Financial Services, according to the draft red herring prospectus (DRHP) filed with Sebi.

Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.
These four public issues are expected to fetch at least Rs 3,250 crore, according to merchant banking sources. All these companies plan to list on the BSE and NSE.