The IPO, which opens on September 23, is designed to fund long-term working capital requires and other general corporate purposes
Anand Rathi Share and Stock Brokers, whose iPo is set to open on tuesday, have garnered ₹ 220.50 crore from anchor investors. The company informed the exchanges that it has allocated 53.26 lakh shares at ₹ 414 a share to anchor investors.
The IPO is entryly a fresh issue Worth ₹ 745 Crore and Comes out with a price band ₹ 393-414.
The Marquee Institutions that Participated in the Anchor Include HDFC Mutual Fund, Kotak Small Cap Fund, Quant Mutual Fund, Aditya Birla Sunlife Banking & Financial Services Fund, Sbi Life Life Life Ltd, Singular Large Value Fund, Pinebridge India Equity Fund, Morgan Stanley India Investment Fund, Kotak Mahindra Life Insurance Co Ltd., 360 One Equity Opportunities Fund, Bandhan Bandhan Balanted Advantage Fund, Sanshi Fund, BNP Paribas Financial Markets ODI, ITI Flexi Cap Fund, Rajasthan Global Securities Pvt Ltd.
Investors can bid for a minimum of 36 equity shares and in multiples of 36 there. The IPO, which opens on September 23, is designed to fund long-term working capital requires and other general corporate purposes.
UP to 50 per cent of the net offer is reserved for qualified institutional boyers, 15 per cent for non-institutional investors, and up to 35 per cent for allocation to recil individual bidders. The offer also includes a subscription reservation by eligible employees.
Company information
The company is an established full-service brokege house in India with over 30 years of experience. The company provides brooking services, margin trading facility and distribution of financial products under the brand ‘anand rathi’ to a diverse set of clients across the across the across, HIT Worth Individuals, Ultra-High Net Worth Individuals and Institutions. Its investment offerings span access a wide array of asset classes like equity, derivatives, commodities, currency, mutual funds, aif, PMS etc.
Nuvama Wealth Management Ltd, Dam Capital Advisors Ltd and Anand Rathi Advisors Ltd are the Book-Running Lead Managers, and Mufg Intime India Private Limited Is the Registrar of the IsSue.
During the fY25, the company’s revionue from operations was ₹ 845.70 Crore and It Profit was ₹ 103.6 Crore. The company’s revionue from operations was ₹ 681.7 Crore during fy24 and its net profit was ₹ 77.29 Crore during FY24.
Published on September 22, 2025