Anand Rathi Share & Stock Brokers Limited IPO
MainboardStockbroking & Allied
Listed On: Sep 30, 2025 at ₹ 432.0(NSE)
₹ 14904 /36 Shares
Check Allotment23 Sep, 2025
Open Date25 Sep, 2025
Close Date26 Sep, 2025
Allotment Date30 Sep, 2025
Listing DatePrice Summary
Last Closing
634.50 (53.26%)52 Week High
794.8552 Week Low
431.00Last Update
3-Dec-2025 3:30 PMAnand Rathi Share & Stock Brokers IPO Live Subscription Details
View Subscription DetailsAnand Rathi Share & Stock Brokers IPO Issue Details
- Issue Price ₹393-₹414 per equity share
- Face Value ₹5 Per Equity Share
- Total Issue Size 1,79,95,169 shares(aggregating up to ₹745 crore)
- Fresh Share 1,79,95,169 shares(aggregating up to ₹745 crore)
- Listing at BSE, NSE
- List Price 432.0(NSE)
- Listing Date 2025-09-30
- Lead Manager Nuvama Wealth Management Ltd.,
Dam Capital Advisors Ltd.,
Anand Rathi Advisors Ltd. - Registrar MUFG Intime India Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 36 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 36 | ₹14,904 |
| Retail(max) | 13 | 468 | ₹1,93,752 |
| SHNI(min) | 14 | 504 | ₹2,08,656 |
| SHNI(max) | 67 | 2,412 | ₹9,98,568 |
| BHNI(min) | 68 | 2,448 | ₹10,13,472 |
Anand Rathi Share & Stock Brokers IPO Reservation
Anand Rathi Share & Stock Brokers IPO offers total 1,79,95,169 shares. Out of which 35,42,964 (49.29%) allocated to QIB, 26,60,715 (14.79%) allocated to NII,62,08,335 (34.5%) allocated to RII, 2,57,069 (1.43%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | 35,42,964 (49.29%) | |
| NII (HNI) Shares Offered | 26,60,715 (14.79%) | |
| bNII < ₹10L | 1773810 (NA%) | |
| sNII < ₹10L | 886905 (NA%) | |
| Retail Shares Offered | 62,08,335 (34.5%) | |
| Employee Shares Offered | 2,57,069 (1.43%) | |
| Total Shares Offered | 1,79,95,169 (100%) |
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
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 IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 35,42,964 | 26,60,715 17,73,810 8,86,905 | 62,08,335 | 1,26,69,083 |
Day 1 23-09-25 05:00 PM | 0.01 x | 0.56 0.39 x 0.91 x | 0.61 x | 0.45 x |
Day 2 24-09-25 05:00 PM | 0.02 x | 1.98 1.43 x 3.10 x | 1.51 x | 1.20 x |
Day 3 25-09-25 05:00 PM | 46.25 x | 30.16 32.01 x 26.45 x | 5.04 x | 21.79 x |
Anand Rathi Share & Stock Brokers Valuations
Anand Rathi Share & Stock Brokers Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 3,365.00 | 2,585.10 | 1,628.78 |
| Revenue | 847.00 | 683.26 | 468.70 |
| Profit After Tax | 103.61 | 77.29 | 37.75 |
| Net Worth | 503.76 | 392.66 | 265.23 |
| Reserves & Surplus | 481.58 | 370.48 | 245.07 |
| Total Borrowing | 905.57 | 879.24 | 423.00 |
About Anand Rathi Share & Stock Brokers 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)
Anand Nandkishore Rathi
Pradeep Navratan Gupta
Priti Pradeep Gupta
Anand Rathi Financial Services Limited
Pre Issue Share Holding : 98.06%
Post Issue Share Holding : 69.90%
Anand Rathi Share & Stock Brokers IPO - Issue Objectives
Funding long-term working capital requirements of the Company - ₹550.00 Cr
General corporate purposes
Anand Rathi Share & Stock Brokers IPO - Anchor Investors
Anand Rathi Share IPO to open on September 23: Investors buy shares worth Rs 220.5 crore through anchor book.
The biggest investors among them were HDFC Mutual Fund, Kotak Mahindra AMC, Quant Mutual Fund, Aditya Birla Sun Life AMC, SBI Life Insurance, and Singularity AMC, with each of them selecting 4.85 lakh shares for Rs 20.08 crore.
Additionally, Morgan Stanley, Pinebridge Global Fund, Kotak Mahindra Life Insurance, and 360 ONE each purchased 3.62 lakh shares of Anand Rathi worth Rs 15 crore.
Apart from them, Bandhan AMC, Sanshi Funds, BNP Paribas, ITI Mutual Fund, and Rajasthan Global Securities also invested in the company through anchor book.
Contact Details
Anand Rathi Share & Stock Brokers
Express Zone, A Wing, 10th Foor, Western Express Highway, Goregaon (E), Mumbai - Goregaon, Maharashtra, 400063
+91 22 - 6281 70
Registrar Contact Details
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. You can track the real-time subscription numbers using the links below:
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 Anand Rathi Share & Stock Brokers Limited IPO price band is set between ₹393-₹414 per equity share.
Ans. To apply for Anand Rathi Share & Stock Brokers Limited 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 Anand Rathi Share & Stock Brokers Limited IPO allotment status online.
