Anand Rathi IPO Details


Introduction :-
A familiar name in Indian finance, Anand Rathi Share & Stock Brokers is known for dependable, full-service broking. From equity and derivatives to bonds and investment products, Anand Rathi connects savers and investors via its national branch network and easy-to-use digital platforms. With 90 branches and over 1,100 authorized agents serving 290 cities, it stands out by blending personal relationships with technology to make investing less daunting and more efficient.
IPO Details
- Subscription Window: September 23–25, 2025
- Issue Size: ₹745 crore (Entirely fresh issue, 1.80 crore new shares)
- Price Band: ₹393–₹414/share
- Lot Size: 36 shares (Minimum investment ₹14,904)
- Basis of Allotment: September 26, 2025
- Listing Date: September 30, 2025 (NSE & BSE)
- Face Value: ₹5/share
- Registrar: MUFG Intime India Private Limited
- Book Running Lead Manager: Nuvama Wealth Management.
Company Financials
Anand Rathi Share & Stock Brokers Ltd. Financial Information (Restated Consolidated)
Anand Rathi Share & Stock Brokers Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2025 and March 31, 2024.
Period Ended |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
Assets |
3,365.00 |
2,585.10 |
1,628.78 |
Total Income |
847.00 |
683.26 |
468.70 |
Profit After Tax |
103.61 |
77.29 |
37.75 |
EBITDA |
311.27 |
230.58 |
115.07 |
NET Worth |
503.76 |
392.66 |
265.23 |
Reserves and Surplus |
481.58 |
370.48 |
245.07 |
Total Borrowing |
905.57 |
879.24 |
423.00 |
Amount in ₹ Crore |
The Company Anand Rathi Share IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. |
Objects of the Issue |
Expected Amount (₹ in crores) |
1 |
Funding long-term working capital requirements of the Company |
550.00 |
2 |
General corporate purposes |
Business and Financial Highlights
- Services: Broking (equity, derivatives, currency, commodities), distribution of investment products, margin trading, and portfolio management.
- Reach: 290 cities, 90 branches, strong digital onboarding.
- Growth: Broking and distribution driven by increasing market participation and digital initiatives.
Why Anand Rathi Draws Attention
- Brand Trust: Three decades of reliability with a client-first philosophy.
- Scale with Stability: National presence, robust regulatory compliance, and scalable tech.
- Personal Meets Digital: Human brokers alongside strong fintech platforms for widened access.
How To Apply for the Online?
- Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of IPO?
Steps to check IPO allotment status on JM Pro app:
- Log in to the JM Pro app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- JM Financial Services will notify you of your IPO allotment status via push notification and email.
In summary:
The Anand Rathi IPO represents both stability and ambition in India’s financial markets. For long-term investors seeking credible service, national reach, and proven growth, Anand Rathi stands ready for its next leap—from local advisor to listed leader in financial intermediation.
FAQs :-
Q1: What distinguishes Anand Rathi from other brokers?
Personal branch support with competitive online platforms—serving every kind of investor from metros to smaller cities.
Q2: Will IPO funds grow the business?
Yes—fresh capital goes to working capital and scaling operations in fast-growing segments.
Q3: Who are the promoters?
Anand Nandkishore Rathi, Pradeep Navratan Gupta, and Anand Rathi Financial Services Limited lead the group.
Q4: Are profits sustainable?
With consistent expansion and strong margins, Anand Rathi has demonstrated solid profit growth; however, business is always subject to market cycles and competition.
Q5: What are the risks?
Market volatility, regulatory changes, tech adoption challenges, and competition are notable risks for any brokerage.
Q6: How to apply for the IPO?
Through ASBA or using online brokers within the subscription window. MUFG Intime India Private Limited manages allotment and refund.
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)