Anand Rathi Share IPO Subscribed Over 20 Times On Final Day: What It Means For Indian Investors

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Anand Rathi Share IPO Subscribed Over 20 Times On Final Day: What It Means For Indian Investors

Anand Rathi Share & Stock Brokers Ltd.’s initial public offering was subscribed 20.66 times on Thursday, its final day of bidding. The company launched its IPO to raise Rs 745 crore through fresh issue of shares on Tuesday. The price band for the IPO was set between Rs 393 and Rs 414 per share.

IPO Details: What You Need To Know

The IPO comprises only of fresh issue worth Rs 745 crore. The face value of the equity share is Rs 5 each. To participate in the IPO, retail investors need to bid for a single lot size of 36 shares, requiring an investment of Rs 14,904. Small Non-Institutional Investors need to bid for 14 lots, amounting to an investment of Rs 2.09 lakh.

Big Non-Institutional Investors can participate in the IPO by bidding for a minimum of 67 lots. It will lead to an investment of Rs 10.13 lakh. The company has raised Rs 220 crore from anchor investors on Monday, ahead of its IPO.

Company Profile: Anand Rathi Share & Stock Brokers Ltd.

Anand Rathi is a multi-faceted financial services provider offering stock broking, research analysis, depository services, mutual fund distribution services, etc. The company’s revenue from operations rose to Rs 845.70 crore in financial year 2025, up from Rs 467.83 crore in fiscal 2023. During the same period, profit after tax increased from Rs 37.75 crore to Rs 103.61 crore.

IPO Subscription: Who’s Interested?

Anand Rathi Share & Stock Brokers IPO was subscribed 20.66 times as of 07:00 p.m. on Thursday. The breakdown of the subscription is as follows:

  • Qualified Institutional Buyers: 43.80 times
  • Non-institutional investors: 28.60 times
  • Retail investors: 4.78 times
  • Employee reserved: 2.56 times

Grey Market Premium: What Does It Indicate?

The grey market premium for the Anand Rathi Share & Stock Brokers IPO was Rs 39 per share on Sept. 25, as of 10:00 p.m. The latest GMP indicates an estimated listing price of Rs 453 apiece at a premium of 9.42% over the upper limit of the IPO price band.

Note: GMP does not represent official data and is based on speculation. GMP data sourced from InvestorGain.

What’s Next For Anand Rathi Share & Stock Brokers Ltd.?

The proceeds of the IPO to the tune of Rs 550 crore would be allocated to fund the company’s long-term working capital requirements, and a portion would be used for general corporate purposes. The offer, which concludes on Thursday, is set to list on the BSE and the NSE. Nuvama Wealth Management, DAM Capital Advisors, and Anand Rathi Advisors will manage the Anand Rathi IPO, while MUFG Intime India is the registrar to the issue.

Investment Strategies For Indian Investors

Indian investors looking to invest in the Anand Rathi IPO should consider the company’s financials, industry trends, and market conditions before making a decision. It’s also essential to have a long-term perspective and not get swayed by short-term market fluctuations.

For those who have already invested in the IPO, it’s crucial to keep an eye on the company’s progress and adjust their investment strategy accordingly. Investing strategies can help Indian investors make informed decisions and achieve their financial goals.

Conclusion

The Anand Rathi Share & Stock Brokers Ltd. IPO has garnered significant interest from investors, indicating a strong demand for the company’s shares. As the IPO concludes and the company lists on the BSE and NSE, Indian investors will be watching closely to see how the company performs in the long term.

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