Anand Rathi Share & Stock Brokers Ltd IPO: GMP, Price, Key Dates & Financial Performance
- Krishna Priya
- 2 days ago
- 2 min read
The company has set a price band of ₹393–₹414 per share, and retail investors can apply for a minimum lot size of 36 shares, requiring a minimum investment of ₹14,904 (at the upper price band).
IPO Snapshot
Detail | Information |
Total Issue Size | ₹745.00 Cr (1,79,95,169 shares) |
Fresh Issue | ₹745.00 Cr (entirely fresh capital) |
Offer for Sale (OFS) | — |
Price Band | ₹393 – ₹414 per share |
Lot Size | 36 shares |
Face value | ₹5 per share |
Minimum Investment | ₹14,904 (at upper band) |
Employee Discount | ₹25 per share |
Listing | NSE & BSE |
IPO Opens | September 23, 2025 |
IPO Closes | September 25, 2025 |
Incorporated in 1991, Anand Rathi Share & Stock Brokers Ltd. is a full-service broking company under the Anand Rathi group. It provides broking services, margin trading, and distribution of financial products including mutual funds, AIFs, bonds, and portfolio management services. As of March 31, 2025, the company had 90 branches, 1,125 authorized agents across 290 cities, and 2,082 employees, serving clients across Tier 1, Tier 2, and Tier 3 cities.
Financial Performance
Period Ended | Revenue from Operations (₹ Cr) | Profit After Tax (PAT) (₹ Cr) |
31 Mar 2025 | 845.70 | 103.61 |
31 Mar 2024 | 681.79 | 77.29 |
31 Mar 2023 | 467.83 | 37.75 |
Grey Market Premium (GMP)
As of September 23, 2025, the Anand Rathi Share & Stock Brokers Ltd IPO GMP is ₹31. Based on the upper price band of ₹414, the estimated listing price is ₹445, implying a potential gain of about 7.49% per share.
Peer Comparison
Company Name | CMP (₹) | Market Cap (₹ Cr) | P/E | Sales (₹ Cr) | OPM % | PAT 12M (₹ Cr) |
Anand Rathi Share | — | — | — | 845.70 | — | 103.61 |
Motilal Oswal Financial | 949.60 | 57,014.90 | 20.51 | 8,758.54 | 55.64 | 2,787.49 |
IIFL Capital | 289.35 | 8,977.43 | 12.73 | 2,382.47 | 38.56 | 706.13 |
Geojit Financial Services | 76.98 | 2,148.69 | 14.26 | 720.00 | 35.60 | 155.35 |
Angel One | 2,216.95 | 20,100.74 | 20.22 | 4,973.46 | 35.89 | 993.83 |
Use of Proceeds
Anand Rathi Share & Stock Brokers Ltd. plans to utilise the IPO proceeds primarily to fund its long-term working capital requirements, with an allocation of about ₹550 crore. The remaining funds will be directed towards general corporate purposes, enabling the company to strengthen its operational capabilities and support future business growth initiatives.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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