Anand Rathi Share & Stock Brokers Limited IPO

Mainboard

Offer Date: Sep 23, 2025 - Sep 25, 2025

Exp. Premium: 52-57 (12.56%)

₹ 14904 /36 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Anand Rathi Share & Stock Brokers IPO Details

23 Sep, 2025

Open Date

25 Sep, 2025

Close Date

26 Sep, 2025

Allotment Date

30 Sep, 2025

Listing Date

Issue Price

₹393-₹414 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

MUFG Intime India Pvt.Ltd.

Market Lot

Retail (Min): 36 Shares (₹14,904/-)
S-NII (Min): 504 Shares (₹2,08,656/-)
S-NII (Max): 2,412 Shares (₹9,98,568/-)
B-NII (Min): 2,448 Shares (₹10,13,472/-)

Lead Manager

Nuvama Wealth Management Ltd.,
Dam Capital Advisors Ltd.,
Anand Rathi Advisors Ltd.

Issue Size

1,79,95,169 shares (aggregating up to ₹745.00 Cr)

Retail Portion

35% (Number of Retail Applications: 1,72,454 Approx),
(Number of S-HNI Applications : 1,760 Approx),
(Number of B-HNI Applications : 3,519 Approx)

Subscription

N/A times

IPO Docs

DRHP RHP

Anand Rathi Share & Stock Brokers IPO Details

Anand Rathi Share & Stock Brokers IPO is a book-built issue of ₹745 crores, The total issue size is ₹745 crores. The IPO of Anand Rathi Share & Stock Brokers is priced at ₹393-414 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Sep 23, 2025 and ends on Sep 25, 2025. The allotment for Anand Rathi Share & Stock Brokers IPO will be finalized on Sep 26, 2025. Anand Rathi Share & Stock Brokers IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 30, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Retail investors can bid for a minimum of 36 shares, extendable to 14,904. S-HNIs will be able to bid for 504 shares at ₹2,08,656, while B-HNIs can also apply for a bid of 2,448 shares at ₹10,13,472. The book-running lead manager for the IPO is/are Nuvama Wealth Management Ltd. , Dam Capital Advisors Ltd. , Anand Rathi Advisors Ltd..

The total issue ₹745 crore, comprising a fresh issue of 1,79,95,169 shares ₹745 crore and
The Anand Rathi Share & Stock Brokers IPO sets its price band at 393-414 for each share. A single application for Anand Rathi Share & Stock Brokers Limited IPO must contain at least 36 shares. Sentiment investors need to invest a minimum of 36 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,904 In order to participate in the sNII, investors must purchase at least 14 lots of 504 shares for ₹2,08,656, while the bNII requires 68 lots of 2,448 shares for an investment of ₹10,13,472.

Anand Rathi Share & Stock Brokers Valuations

EPS Pre IPO

₹23.17

EPS Post IPO

₹16.52

P/E Pre IPO

17.87

P/E Post IPO

25.06

ROE

21.32%

ROCE

21.32%

Debt/Equity

1.80

RoNW

23.12%

PAT Margin

12.23%

EBITDA Margin

36.81%

Price to Book Value

4.68

Anand Rathi Share & Stock Brokers Company Financials All values are in ₹ Cr.

	30-Sept-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	3,460.04	2,585.10	1,628.78	1,340.58
Revenue	442.39	683.26	468.70	423.78
Profit After Tax	62.79	77.42	37.84	50.39
Net Worth	460.38	392.66	265.23	227.40
Reserves & Surplus	438.20	370.48	245.07	213.95
Total Borrowing	1,064.89	879.24	423.00	275.52

About The Company

Incorporated in 1991, Anand Rathi Share and Stock Brokers Limited is a Full-Service broking company. The Company is a part of the Anand Rathi group which carries out a diverse range of financial services

The company provides broking services, margin trading, and financial product distribution under the 'Anand Rathi' brand, offering investment options in equity, derivatives, commodities, and currency markets to various clients.

As of March 31, 2025, 84.36% of the company's active clients were above 30 years of age. With experience spanning two decades and varied offerings, the company is poised for expansion.

As of March 31, 2025, the company provides broking services through 90 offices, 1,125 authorized agents spread over 290 cities, and online channels, catering to clients from Tier 1, Tier 2, and Tier 3 cities.

Offerings & Services

Broking Services: The business offers broking services to retail, high net worth, ultra-high net worth individuals, and institutions in equity, derivatives, commodities, and currency markets through branches, authorized agents, and online platforms.
Margin Trading Facility: The business provides margin trading facilities wherein clients may use eligible collateral to avail leverage on equity cash delivery trades. Funding is on the basis of margin requirements established by stock exchanges.
Distribution of investment products: The firm distributes third-party financial products such as mutual funds, AIFs, fixed deposits, bonds, and portfolio management services through relationship managers and digital platforms.
Permanent employees as of March 31, 2025 were 2,082.

Anand Rathi Share & Stock Brokers - Promoter(s)

Pre Issue Share Holding: 98.06%

Post Issue Share Holding: 69.90%

Company Promoter(s)

Anand Nandkishore Rathi
Pradeep Navratan Gupta
Priti Pradeep Gupta
Anand Rathi Financial Services Limited

Anand Rathi Share & Stock Brokers IPO - Issue Objectives

Funding long-term working capital requirements of the Company - ₹550.00 Cr
General corporate purposes

Other Details

Company Contact Details

Anand Rathi Share & Stock Brokers

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/

Registrar Contact Details

MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270

Email: anandrathibrokers.ipo@in.mpms.mufg.com

Website: https://linkintime.co.in/Initial%5FOffer/public-issues.html

Anand Rathi Share & Stock Brokers IPO - FAQs

Ans. Anand Rathi Share & Stock Brokers Limited IPO is a Mainboard IPO. The issue is priced at ₹393-₹414 per equity share. The minimum order quantity is 36 Shares. The IPO opens on Sep 23, 2025, and closes on Sep 25, 2025. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Anand Rathi Share & Stock Brokers Limited IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.

Ans. The size of Anand Rathi Share & Stock Brokers Limited IPO is 1,79,95,169 shares (aggregating up to ₹745.00 Cr).

Ans. The IPO price band is set between ₹393-₹414 per equity share.

Ans. To apply for Anand Rathi Share & Stock Brokers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Anand Rathi Share & Stock Brokers Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Anand Rathi Share & Stock Brokers Limited IPO is Sep 26, 2025.

Ans. The Anand Rathi Share & Stock Brokers Limited IPO will be listed on Sep 30, 2025.

Ans. Follow the steps to check the allotment status for Anand Rathi Share & Stock Brokers Limited IPO here.