Anand Rathi Share & Stock Brokers Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.414
Issue Size:
Rs.745.64 Cr
Lot Size:
36 shares
Open Date:
September 23
Anand Rathi Share & Stock Brokers Ltd. IPO Overview
Bidding Dates
September 23 - September 25
Min Investment
₹14,904
Price Range
₹414
Issue Size
₹745.64 Cr
IPO DRHP Doc
Company Overview
Anand Rathi Share and Stock Brokers Limited, incorporated in 1991, is a full-service broking company part of the Anand Rathi group. It provides broking services, margin trading, and financial product distribution under the ‘Anand Rathi’ brand, catering to clients in equity, derivatives, commodities, and currency markets. The company operates through 90 branches and 1,123 authorized agents across 333 cities, serving clients in various tiers. As of September 30, 2024, it had 1,985 permanent employees.
IPO Timeline
Opens
Sep 23
Closes
Sep 25
Allotment
Sep 26
Refunds
Sep 29
Shares Credit
Sep 29
Listing
Sep 30
Opens
Sep 23
Closes
Sep 25
Allotment
Sep 26
Refunds
Sep 29
Shares Credit
Sep 29
Listing
Sep 30
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 46.25x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 30.16x | Oversubscribed |
| RII (Retail Individual Investors) | 5.11x | Oversubscribed |
| Total Subscription | 21.83x | Oversubscribed |
Last updated: Sep 25, 2025, 05:07 PM
Current GMP:
Rs.29
Est. Listing:
Rs.443
Est. Gain:
+7.0%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹3,365 Cr | ₹2,585.1 Cr | ₹1,628.78 Cr |
| EBITDA | ₹311.27 Cr | ₹230.58 Cr | ₹115.07 Cr |
| NET Worth | ₹503.76 Cr | ₹392.66 Cr | ₹265.23 Cr |
| Profit After Tax | ₹103.61 Cr | ₹77.29 Cr | ₹37.75 Cr |
| Reserves and Surplus | ₹481.58 Cr | ₹370.48 Cr | ₹245.07 Cr |
| Total Borrowing | ₹905.57 Cr | ₹879.24 Cr | ₹423 Cr |
| Total Income | ₹847 Cr | ₹683.26 Cr | ₹468.7 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Operating since 1994, it has a strong presence and experience in financial markets.
- Offers a wide range of financial services across equity, commodities, and investment products.
- Serves a large and diverse client base, including retail and institutional investors.
- Has an extensive network of offices across India and a few international locations.
- Shows consistent growth in revenue and profitability in recent years.
IPO Details
Anand Rathi Share IPO Details
| Employee Discount | ₹25.00 |
| Face Value | ₹5 per share |
| IPO Date | September 23, 2025 to September 25, 2025 |
| Issue Price Band | ₹393 to ₹414 per share |
| Issue Price Final | ₹414 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | September 30, 2025 |
| Lot Size | 36 Shares |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 6,27,09,727 shares |
| Share Holding Pre Issue | 4,47,14,558 shares |
| Total Issue Size | 1,79,95,169 shares (aggregating up to ₹745.00 Cr) |
Anand Rathi Share IPO Reservation
Share Reservation Distribution
QIB
8,869,050 shares (49.29%)
Retail
6,208,335 shares (34.5%)
Anchor Investors
5,326,086 shares (29.6%)
QIB (Ex-Anchor)
3,542,964 shares (19.69%)
HNI (NII)
2,660,715 shares (14.79%)
bNII (>₹10L)
1,773,810 shares (9.86%)
sNII (<₹10L)
886,905 shares (4.93%)
Employee
257,069 shares (1.43%)
Anand Rathi Share IPO Promoter Holding
| Promoter Holding Post Issue | 69.90% |
| Promoter Holding Pre Issue | 98.06% |
Anand Rathi Share IPO Listing Details
| BSE Script Code | 544530 |
| Final Issue Price | ₹414 per share |
| ISIN | INE549H01021 |
| Listing Date | September 30, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | ARSSBL |
Key Dates
Open Date:September 23
Close Date:September 25
Listing Date:September 30
