Anand Rathi IPO: The preliminary public providing (IPO) of Anand Rathi Share and Inventory Brokers entered the ultimate day of bidding right this moment, September 23, with the difficulty subscribed 2.48 occasions. The dealer home goals to lift Rs 747 crores by means of the general public providing.
Anand Rathi IPO subscription standing:
By 1 pm, buyers bid for 3.31 crore shares in opposition to the entire of 1.33 crore shares on supply, with Certified Institutional Consumers(QIBs), Non-Institutional Buyers (NIIs) and Retail Particular person Buyers (RIIs), subscribing 0.04 occasions, 5.99 occasions, and a couple of.39 occasions, respectively.
Particularly, QIBs have bid for 1.48 lakh shares out of 37.40 lakh shares reserved, NIIs have bid for 1.68 crore shares in opposition to the allotted 28.05 lakh shares, and RIIs have bid for 1.56 crore shares out of 65.45 lakh shares reserved.
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Anand Rathi IPO particulars:
The IPO is totally a contemporary subject of shares, and has a worth band of Rs 393 to Rs 414 per fairness share with a face worth of Rs 5 per share. The difficulty measurement is roughly Rs 745 crores, comprising a contemporary subject of 1.80 crore shares. The minimal lot measurement is 36 shares, which means the minimal funding required is Rs 14,904.
The corporate plans to make use of the IPO proceeds for funding long-term working capital necessities and for basic company functions.
Worth band: Rs 393 to Rs 414 apiece
Subject measurement: Rs 745 crores by means of a contemporary subject of 1.80 crore shares
Subscription interval: September 23 to September 25, 2025
Allotment date: September 26, 2025
Itemizing date: Anticipated on September 30, 2025, on BSE and NSE
Lot measurement: Minimal bid of 36 shares, amounting to Rs 14,904 on the higher worth band
Firm profile:
Anand Rathi Share and Inventory Brokers Restricted is a full-service brokerage home in India with greater than 30 years of expertise.
The corporate reported a 24 per cent enhance in income and a 34 per cent rise in revenue after tax (PAT) for the 12 months ending March 31, 2025, with complete revenue reaching Rs 847 crores and PAT of Rs 103.61 crores.
