Anand Rathi Share and Stock Broker (“Company”) has fixed the price band of ₹393/- to ₹414/- per Equity Share of face value ₹5/- each for its Initial Public Offer of Equity Shares (“IPO” or “Issue”).
The IPO will open onTuesday, September23, 2025, for subscription and close onThursday, September 25, 2025.
Investors can bid for a minimum of 36 Equity Shares and in multiples of 36 Equity Shares thereafter.
Equity shares outstanding as on date44,714,558Equity Shares of Rs 5 each The IPO is a fresh issue aggregating up to Rs 7,450.00million.
The proceeds from the fresh issue to the extent of Rs5,500.00millionwill beutilised for funding the working capital requirements of the Company.
The Company is an established full-service brokerage house in India with over 30 years of experience. The Company provides broking services, margin trading facility and distribution of financial products under the brand ‘Anand Rathi’ to a diverse set of clients across retail, high net worth individuals, ultra-high net worth individuals and institutions. Its investment offerings span across a wide array of asset classes like equity, derivatives, commodities, and currency markets.
While the Company’s client base is spread across various age demographics, 1,86,859 of itsactive clients, representing 84.36% of itsactive clients were above 30 years of age as on March 31, 2025. The Company’sthree decades of track record, comprehensive product offerings, and focus on serving this key demographic, positionsit for continued growth.