Anand Rathi Share & Stock Brokers IPO

Anand Rathi Share & Stock Brokers IPO is listed on BSE and NSE, priced at ₹393–₹414 per share. The stock debuted at ₹432, delivering a listing gain of 4.3%. The IPO had a lot size of ₹36 shares and a minimum investment of ₹14,904.

Anand Rathi Share & Stock Brokers Limited IPO

Mainboard Listed
₹14,904 (36 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 23, 2025 – Sep 25, 2025
Price band
₹393-414 per equity share
Minimum Investment
₹14,904
Issue size
₹745 Cr
Lot size
36
Allotment Date
Sep 26, 2025
Listing
Sep 30, 2025
Listing At
BSE, NSE

IPO timeline

  1. Sep 23, 2025

    Open Date

    Completed

  2. Sep 25, 2025

    Close Date

    Completed

  3. Sep 26, 2025

    Allotment Date

    Completed

  4. Sep 30, 2025

    Listing Date

    Completed

Price Summary

Last closing
525.70 (26.98%)
52 week high
794.85
52 week low
416.00
Last update

Anand Rathi Share & Stock Brokers IPO Subscription Details

View Subscription Details
QIB 46.25x
Retail 5.04x
NIIs 30.16x
bHNI 32.01x
sHNI 26.45x
Retail 5.04x
EMP 2.70x
Total 21.79x

Anand Rathi Share & Stock Brokers IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Anand Rathi Share & Stock Brokers IPO Essentials

Anand Rathi Share & Stock Brokers IPO Details

Anand Rathi Share & Stock Brokers IPO is priced at ₹393-414 per share with a total issue size of 745 crore. The IPO has a lot size of 36 shares and is listed on BSE and NSE.

Issue price
₹393-₹414 per equity share
Lot size
36 shares
Face value
₹5 Per Equity Share
Issue size
1,79,95,169 shares (aggregating up to ₹745.00 Cr)
Total issue size
1,79,95,169 shares
(aggregating up to ₹745 crore)
Fresh issue
1,79,95,169 shares
(aggregating up to ₹745 crore)
Listing at
BSE, NSE
List price
432.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager
Nuvama Wealth Management Ltd.,, Dam Capital Advisors Ltd.,, Anand Rathi Advisors 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
sHNI(min) 68 2,448 ₹10,13,472

Anand Rathi Share & Stock Brokers IPO Documents

Anand Rathi Share & Stock Brokers IPO Reservation

Anand Rathi Share & Stock Brokers IPO reservation details show category-wise allocation of shares. Out of the total 1,79,95,169 shares, approximately 49.29% are reserved for QIB, 14.79% for NII, 34.5% for retail investors, 1.43% for employees, and 0% for 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%)
bHNI > ₹10L 1773810 (NA%) 3519
sHNI < ₹10L 886905 (NA%) 1760
Retail Shares Offered 62,08,335 (34.5%) 1,72,454
Employee Shares Offered 2,57,069 (1.43%)
Total Shares Offered 1,79,95,169 (100%)

Anand Rathi Share & Stock Brokers IPO Analytics

Anand Rathi Share & Stock Brokers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Anand Rathi Share & Stock Brokers IPO Subscription Status

Anand Rathi Share & Stock Brokers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 21.79x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
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
0.56x
0.39x
0.91x
0.61 x 0.45 x
Day 2 24-09-25 05:00 PM
0.02 x
1.98x
1.43x
3.10x
1.51 x 1.20 x
Day 3 25-09-25 05:00 PM
46.25 x
30.16x
32.01x
26.45x
5.04 x 21.79 x
Total No. of Applications
bHNI sHNI Retail
821857 (Approx) 5.73x 25.63x 4.34x

Anand Rathi Share & Stock Brokers Valuations

Earnings

EPS Pre IPO
₹23.17
EPS Post IPO
₹16.52
P/E Pre IPO
17.87
P/E Post IPO
25.06

Returns

ROE
21.32%
ROCE
21.32%
RoNW
23.12%
PAT Margin
12.23%

Fundamentals

Debt / Equity
1.80
Price / Book
4.68

Data sourced from DRHP / RHP • For educational purposes only

Anand Rathi Share & Stock Brokers Financials( In Crs.)

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

Anand Rathi Share & Stock Brokers Company & Offer Insights

About Anand Rathi Share & Stock Brokers

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 are the company's promoters of Anand Rathi Share & Stock Brokers.

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 Information

Contact Details

Anand Rathi Share & Stock Brokers

+91 22 - 6281 70

secretarial@rathi.com

https://www.anandrathi.com/

Express Zone, A Wing, 10th Foor, Western Express Highway, Goregaon (E), Mumbai - Goregaon, Maharashtra, 400063

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Anand Rathi Share & Stock Brokers IPO is a book-built IPO worth ₹745 crore. The price band is ₹393–₹414 per share. The IPO opens on Sep 23, 2025 and closes on Sep 25, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.

The price band of Anand Rathi Share & Stock Brokers IPO is ₹393 to ₹414 per share.

The lot size of Anand Rathi Share & Stock Brokers IPO is 36 shares.

The minimum investment for Anand Rathi Share & Stock Brokers IPO is approximately ₹14,904 based on the upper price band .

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

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

Anand Rathi Share & Stock Brokers IPO is expected to be listed on Sep 30, 2025, on BSE and NSE .

Anand Rathi Share & Stock Brokers IPO listed on Sep 30, 2025. It was issued at ₹432.0(NSE) and is currently around ₹525.70 as on 15-May-2026 3:30 PM, which is approximately 27.0% versus issue price. The 52-week high is ₹794.85.

Based on listing and post-listing performance, Anand Rathi Share & Stock Brokers IPO delivered around 27.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Anand Rathi Share & Stock Brokers IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Anand Rathi Share & Stock Brokers IPO valuation snapshot: P/E 25.06, EPS ₹16.52, P/B 4.68, RoNW 23.12%, and market cap N/A.

To apply for Anand Rathi Share & Stock Brokers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Anand Rathi Share & Stock Brokers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Anand Rathi Share & Stock Brokers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Anand Rathi Share & Stock Brokers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Anand Rathi Share & Stock Brokers IPO allotment status on IPO Ji for quick and easy access.