The Indian IPO market has been buzzing with activity, and one of the most awaited issues is the Anand Rathi Share & Stock Brokers IPO. Known for its strong presence in the financial services sector, the company has created significant investor interest ahead of its listing.
Investors are particularly keen on understanding the GMP (Grey Market Premium), subscription figures, price band, and overall financial health of the company. These parameters are crucial because they provide a snapshot of potential listing gains and long-term growth opportunities.
In this article, we will cover everything about the Anand Rathi IPO in detail — from its issue size and price band to the subscription status, GMP trends, and key financial metrics. By the end, you’ll have a clear perspective on whether applying for this IPO fits your investment strategy.
Anand Rathi Share IPO – Key Highlights
| Particulars | Details |
|---|---|
| IPO Opening Date | September 23, 2025 |
| IPO Closing Date | September 25, 2025 |
| Price Band | ₹393 – ₹414 per share |
| Face Value | ₹5 per share |
| Issue Size | Approx. ₹745 crore |
| Lot Size | 36 shares per lot |
| Listing Date | September 30, 2025 |
The IPO has been structured to attract a wide range of investors. With a minimum application size of 36 shares, retail participation is expected to be strong.
Grey Market Premium (GMP) Trends
The Grey Market Premium (GMP) gives an early idea of how the market perceives the IPO before official listing. As of now, the Anand Rathi Share IPO is commanding a GMP of around ₹24 per share.
-
At the upper price band of ₹414, this translates to a potential listing price of about ₹438.
-
This indicates a 5–6% expected listing gain if current sentiments hold steady.
-
However, investors should note that GMP is purely speculative and not a guaranteed indicator of listing performance.
Subscription Status and Investor Allocation
Subscription levels are one of the strongest signals of investor confidence. The Anand Rathi IPO has been divided across different investor categories:
| Investor Category | Allocation Share |
|---|---|
| Retail Investors | ~35% |
| Non-Institutional Investors (NII) | ~15% |
| Qualified Institutional Buyers (QIB) | ~50% |
Anchor investors have already shown confidence by subscribing to a significant portion of the issue. Approximately ₹220.5 crore worth of shares have been allocated to anchor investors at the upper price band, further boosting market sentiment.
For retail investors, the minimum investment comes to about ₹14,904 per lot, making it accessible for those looking to participate without committing a very large amount.
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 23, 2025 |
| IPO Closing | September 25, 2025 |
| Basis of Allotment | September 26, 2025 |
| Refunds Initiation | September 29, 2025 |
| Credit to Demat Accounts | September 29, 2025 |
| Listing Date | September 30, 2025 |
These timelines are crucial for investors to keep track of application, allotment, and eventual listing on the stock exchanges.
Financial Performance Snapshot
The company has shown consistent growth in both revenue and profitability:
-
Revenue: Increased from ₹683.26 crore in FY2023-24 to ₹847 crore in FY2024-25.
-
Profit After Tax (PAT): Grew from ₹77.29 crore in FY2023-24 to ₹103.61 crore in FY2024-25 — a healthy 34% YoY growth.
-
Use of Proceeds: A large part of the IPO funds (~₹550 crore) will go towards long-term working capital needs, with the rest earmarked for general corporate purposes.
This financial performance indicates that the company is on a strong growth trajectory, which adds to investor confidence.
Also read:-
Jaro Institute IPO GMP Jumps 12%: Should You Apply Before Closing Date?
Should You Apply for Anand Rathi Share IPO?
When evaluating any IPO, two factors are key: short-term listing gains and long-term growth potential.
-
For listing gains: With a positive GMP trend, investors can expect a modest premium of around 5–6% on listing day. However, GMP is volatile and should not be the sole basis for applying.
-
For long-term investors: Anand Rathi Share has demonstrated strong financial growth, expanding revenue and profitability consistently. Its position in the brokerage and financial services industry offers long-term potential.
That said, risks exist. Market volatility, intense competition in the brokerage sector, and regulatory changes could impact future performance.
Conclusion
The Anand Rathi Share IPO offers a mix of short-term listing gain potential and promising long-term fundamentals. With healthy subscription demand, strong anchor participation, and improving financials, the company is well-positioned for growth.
Still, IPOs are inherently risky, and investors must weigh their risk appetite before applying. For conservative investors, a wait-and-watch strategy might be best, while aggressive investors may consider full participation.
Final Thought: Should you apply for the Anand Rathi Share IPO for quick listing gains, or wait for the stock to prove itself post-listing?