Anand Rathi Wealth Limited, originally incorporated as 'Hitkari Finvest Private Limited' in 1995, has undergone multiple name changes and structural transformations, finally adopting its current name in January 2021. The company specializes in wealth management services, targeting high and ultra-high-net-worth individuals (HNIs and UHNIs) in India, and offers its services to the non-resident Indian (NRI) community from a Dubai office. As of March 31, 2024, its flagship Private Wealth business manages assets totaling Rs 57,807 Crores.
Anand Rathi Wealth Limited offers private wealth management and distributes financial products, including market-linked debentures. It has expanded its reach across major Indian cities with a robust network of Relationship Managers. The company successfully launched an Initial Public Offering in December 2021, raising Rs 659.38 Crores. The firm continues to expand its geographical footprint, recently entering Lucknow and Jabalpur, in addition to its presence in Ahmedabad, Vishakhapatnam, Coimbatore, and Nagpur.
