Anand Rathi Share IPO
GMP, Subscription, Price, Dates & Financial Details
Anand Rathi Share and Stock Brokers LimitedIncorporated in 1991, Anand Rathi Share and Stock Brokers Limited is a full-service broking company and a part of the Anand Rathi Group, which offers a wide spectrum of financial services. With over three decades of experience, the company has built a…
Open Date
Tue, 23 Sep 2025
Close Date
Thu, 25 Sep 2025
Price Band
₹ 393 – 414
Lot Size
36
Issue Size
₹ 745.00 Cr
Minimum Investment
₹ 14,904 (36 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Anand Rathi Share IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹745.00 Crore, comprising a fresh issue of 1.80 Crore equity shares aggregating to ₹745.00 Crore.
The Anand Rathi Share IPO remained open for subscription from September 23, 2025, to September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the company's shares were listed on the NSE and BSE on September 30, 2025.
The company had fixed the price band at ₹393 to ₹414 per share, with a lot size of 36 shares. Retail investors were required to make a minimum investment of ₹14,904 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 271,739 equity shares for eligible employees, who received a discount of ₹25.00 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), Nuvama Wealth Management Limited, and Anand Rathi Advisors Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Anand Rathi Share and Stock Brokers Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Anand Rathi Share IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Sep 25
- IPO Close Date
- Thu, 25 Sep 25
- Basis of Allotment
- Fri, 26 Sep 25
- Initiation of Refunds
- Mon, 29 Sep 25
- Credit of Shares to Demat
- Mon, 29 Sep 25
- Listing Date
- Tue, 30 Sep 25 — NSE & BSE
Open Date
23 September 2025
Close Date
25 September 2025
Basis Of Allotment
26 September 2025
Listing Date
30 September 2025
IPO Subscription
Check Live Subscription →The Anand Rathi Share IPO has received bids for 27,60,82,128 shares against 1,33,63,342 shares offered, resulting in an overall subscription of 20.66x. the NII category is subscribed 28.6x, Retail Investors 4.78x, Employees 2.56x, and QIBs 43.8x. Within the NII category, BNII is subscribed 30.36x, while SNII is subscribed 25.09x.
QIB
43.8x
NII
28.6x
BNII
30.36x
SNII
25.09x
RII
4.78x
EMP
2.56x
Total
20.66x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 65,45,802 shares, representing 48.98% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 37,40,457 shares (27.99%), while Non-Institutional Investors (NIIs) receive 28,05,344 shares (21%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 3,740,457 | 27.99% |
| Non-Institutional | 2,805,344 | 21% |
| BNII | 1,870,229 | 14% |
| SNII | 935,115 | 7% |
| Retail Investors | 6,545,802 | 48.98% |
| Employees | 271,739 | 2.03% |
| Total | 13,363,342 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 3365 | 2585.1 | 1628.78 | 1340.58 |
| Revenue | 847 | 683.26 | 468.7 | 423.78 |
| Profit After Tax | 103.61 | 77.42 | 37.84 | 50.39 |
| Net Worth | 503.76 | 392.66 | 265.23 | 227.4 |
| Reserve & Surplus | 481.58 | 370.48 | 245.07 | 213.95 |
| Total Borrowings | 905.57 | 879.24 | 423 | 275.52 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Anand Rathi Share and Stock Brokers Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 23.12 | 23.5 | 15.32 |
| ROCE % | 21.32 | 21.48 | 16.72 |
| Debt / Equity | 1.8 | 2.14 | 1.48 |
| RoNW % | 23.12 | 23.5 | 15.32 |
| Pat Margin % | 12.23 | 11.31 | 8.05 |
Peers Comparison
No Peer Comparision Available
About Anand Rathi Share and Stock Brokers Limited
Anand Rathi Share and Stock Brokers Limited
Incorporated in 1991, Anand Rathi Share and Stock Brokers Limited is a full-service broking company and a part of the Anand Rathi Group, which offers a wide spectrum of financial services. With over three decades of experience, the company has built a strong presence in equity, derivatives, commodities, and currency markets, catering to diverse investor segments.
As of March 31, 2025, the company operated through 90 branches, 1,125 authorized agents, and digital platforms across 290 cities, enabling it to serve clients in Tier 1, Tier 2, and Tier 3 locations. The company’s client base is largely mature, with 84.36% of active clients aged above 30 years. It employs 2,082 permanent employees as of the same date.
Offerings & Services
- Broking Services
Provides trading and investment solutions across equity, derivatives, commodities, and currency markets. The client base includes retail investors, high-net-worth individuals (HNWIs), ultra-high-net-worth individuals (UHNWIs), and institutional investors, serviced through branches, authorized agents, and online platforms. - Margin Trading Facility
Offers margin trading facilities that allow clients to leverage eligible collateral for equity cash delivery trades. The funding structure adheres to margin requirements prescribed by stock exchanges. - Distribution of Investment Products
Distributes a wide range of third-party financial products, including mutual funds, alternative investment funds (AIFs), fixed deposits, bonds, and portfolio management services (PMS). Distribution is managed through dedicated relationship managers and digital channels.
Anand Rathi Share IPO Promoters
- Anand Nandkishore Rathi
- Pradeep Navratan Gupta
- Priti Pradeep Gupta
- Anand Rathi Financial Services Limited
Promoters Holding
Holding Pre Issue
98.06%
Holding Post Issue
69.90%
Anand Rathi Share IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding long-term working capital requirements of our Company
- General corporate purposes
Anand Rathi Share and Stock Brokers Limited Address / Contact Details
Anand Rathi Share & Stock Brokers Ltd.
Express Zone, A Wing,
10th Foor, Western Express Highway,
Goregaon (E), Mumbai -
Goregaon, Maharashtra, 400063
Phone: +91 22 - 6281 70
Email: secretarial@rathi.com
Website: https://www.anandrathi.com/
IPO Snapshot
Anand Rathi Share IPO Lot Size
The Anand Rathi Share IPO has a lot size of 36 shares. Retail investors require a minimum investment of ₹14,904 by applying for 1 lot (36 shares). The maximum application allowed for the retail category is 13 lots (468 shares), requiring an investment of ₹1,93,752.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 36 | 14,904.00 |
| Retail (Max) | 13 | 468 | 193,752.00 |
| S-HNI (Min) | 14 | 504 | 208,656.00 |
| S-HNI (Max) | 67 | 2,412 | 998,568.00 |
| B-HNI (Min) | 68 | 2,448 | 1,013,472.00 |
Issue Reservation
- QIB — 27.99%
- NII — 21%
- RII — 48.98%
- EMP — 2.03%
Book Running Lead Managers
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Nuvama Wealth Management Limited
- Anand Rathi Advisors Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Anand Rathi Share IPO?
Anand Rathi Share IPO is a Book-building IPO with a total issue size of ₹745 crore. The Anand Rathi Share IPO price band is ₹393 to 414 per share. The Anand Rathi Share IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The Anand Rathi Share IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Anand Rathi Share IPO.
When will the Anand Rathi Share IPO open for subscription?
The Anand Rathi Share IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
What is Anand Rathi Share IPO Price Band?
Anand Rathi Share IPO Price Band is ₹393 to 414 per share.
What is Anand Rathi Share IPO Lot Size?
Anand Rathi Share IPO lot size is 36 shares, Retail investors need a minimum investment of ₹14904 based on the upper price band
What is the minimum investment for Anand Rathi Share IPO?
The minimum investment for Anand Rathi Share IPO is ₹14904, based on one lot of 36 shares at the upper price band of ₹414 per share.
How to apply for Anand Rathi Share IPO?
Investors can apply for the Anand Rathi Share IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the Anand Rathi Share IPO allotment is finalized.
What is Anand Rathi Share IPO Issue Size?
Anand Rathi Share IPO issue size is ₹745 crores.
What is the Anand Rathi Share IPO Allotment Date?
Anand Rathi Share IPO allotment date is Fri, Sep 26, 2025.
Who is the Anand Rathi Share IPO Registrar?
The registrar for Anand Rathi Share IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Anand Rathi Share IPO allotment status, refund processing, and other IPO-related information.
What is the Anand Rathi Share IPO GMP?
The Anand Rathi Share IPO GMP (Grey Market Premium) is ₹29 as of Tue, Sep 30, 2025. Based on the upper price band of ₹414 per share, the estimated Anand Rathi Share IPO listing price is ₹443, indicating a potential listing gain of approximately 7.00% over the issue price.
Who is the Anand Rathi Share IPO Lead Manager?
The book-running lead managers (BRLMs) for the Anand Rathi Share IPO are Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), Nuvama Wealth Management Limited, and Anand Rathi Advisors Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Anand Rathi Share IPO Red Herring Prospectus (RHP).