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Anand Rathi IPO: Anand Rathi Share and Stock Brokers launched its initial public offering (IPO) today, September 23, for public bidding, and aims to raise Rs 747 crores through the public offering. The issue has been subscribed 12 per cent so far on the first day of bidding.

By noon, investors have bid for 15.51 lakh shares out of the total of 1.33 crore shares on offer, with Non-Institutional Investors (NIIs) subscribing 0.11 times, and Retail Individual Investors (RIIs) subscribing 0.17 times.

In simpler terms, NIIs bid for 3 lakh shares out of the allotted 47.67 lakh shares, and RIIs bid for 11.11 lakh shares out of 65.45 lakh shares reserved.

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The Qualified Institutional Buyers (QIBs) portion is yet to receive bids for the allotted 37.40 lakh shares.

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The IPO is entirely a fresh issue of shares, and has a price band of Rs 393 to Rs 414 per equity share with a face value of Rs 5 per share. The issue size is approximately Rs 745 crores, comprising a fresh issue of 1.80 crore shares. The minimum lot size is 36 shares, which translates to the minimum investment of Rs 14,904. The company plans to use the IPO proceeds for funding long-term working capital requirements and for general corporate purposes.

Price band: Rs 393 to Rs 414 apiece

Issue size: Rs 745 crores through a fresh issue of 1.80 crore shares

Subscription period: September 23 to September 25, 2025

Allotment date: September 26, 2025

Listing date: Expected on September 30, 2025, on BSE and NSE

Lot size: Minimum bid of 36 shares, amounting to Rs 14,904 at the upper price band

Anand Rathi Share and Stock Brokers Limited is a full-service brokerage house in India having more than 30 years of experience. The company offers a range of financial services, including broking, margin trading facilities, and distribution of investment products. 

Financially, the company reported a 24 per cent increase in revenue and a 34 per cent rise in profit after tax (PAT) for the year ending March 31, 2025, with total income reaching Rs 847 crores and PAT of Rs 103.61 crores.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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