{"id":14951,"date":"2025-09-23T16:42:52","date_gmt":"2025-09-23T16:42:52","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/23\/anand-rathi-ipo-day-1-40-subscription-so-far-gmp-rises-check-price-band-financials-ipo-news\/"},"modified":"2025-09-23T16:42:52","modified_gmt":"2025-09-23T16:42:52","slug":"anand-rathi-ipo-day-1-40-subscription-so-far-gmp-rises-check-price-band-financials-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/23\/anand-rathi-ipo-day-1-40-subscription-so-far-gmp-rises-check-price-band-financials-ipo-news\/","title":{"rendered":"Anand Rathi IPO Day 1: 40% Subscription So Far, GMP Rises; Check Price Band, Financials | Ipo News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9590943\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 23, 2025, 17:37 IST<\/time><\/p>\n<h2 id=\"asubttl-9590943\" class=\"jsx-c9f81425ec968c48 jsx-1165944117 asubttl-schema\">Anand Rathi Share and Stock Brokers IPO opens at Rs 745 crore, price band Rs 393\u2013414, closes September 25. Listing on BSE and NSE. Revenue and profit doubled since FY23.<\/h2>\n<div class=\"jsx-cc1b15cf85effb8b artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgylw\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-cc1b15cf85effb8b artshare\">\n<div class=\"jsx-cc1b15cf85effb8b stickdiv\">\n<div class=\"jsx-cc1b15cf85effb8b deskwrapstkdiv\">\n<div class=\"jsx-cc1b15cf85effb8b fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-cc1b15cf85effb8b lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-1165944117 amimg\"><img decoding=\"async\" alt=\"Anand Rathi Share and Stock Brokerage IPO opens today. \" title=\"Anand Rathi Share and Stock Brokerage IPO opens today. \" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-1165944117\"\/><\/p>\n<p>Anand Rathi Share and Stock Brokerage IPO opens today. <\/p>\n<\/figure>\n<p id=\"1\" class=\"story_para_1\"><span class=\"cf0\"><strong>Anand Rathi Share IPO:<\/strong> Anand Rathi Share and Stock Brokers Limited (ARSSBL) has launched its Rs 745-crore initial public offering (IPO) on Tuesday, September 23, 2025. The issue will close on Thursday, September 25. The company has set a price band of Rs 393<\/span><span class=\"cf1\">\u2013414 per equity share with a face value of Rs 5. Investors can bid for a minimum of 36 shares and in multiples thereafter.<\/span><\/p>\n<p id=\"2\" class=\"story_para_2\"><span class=\"cf0\">Around 5:00 pm on Day 1, the issue was subscribed 40 per cent. Investors put bids for 54,09,144 equity shares against the equity shares of 1,33,63,342 on offer. <\/span><\/p>\n<p id=\"3\" class=\"story_para_3\"><span class=\"cf0\">This is Anand Rathi Group\u2019s second IPO after Anand Rathi Wealth Ltd, whose IPO came in 2021. Anand Rathi Wealth IPO has delivered a massive 800 per cent return in the past three years as per BSE analytics.<\/span><\/p>\n<p id=\"4\" class=\"story_para_4\"><span class=\"cf0\">For employees, a reservation of Rs 10 crore has been announced, along with a discount of Rs 25 per share. Post issue, the company\u2019s market capitalization is estimated to be between Rs 2,503 crore and Rs 2,597 crore.\u00a0<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">The allotment of unlisted shares will happen on Friday, September 26 and the listing of shares will be expected to conclude on Tuesday, September 30, 2025. <\/span><\/p>\n<h3 class=\"pf0\"><span class=\"cf0\">Anand Rathi Share IPO GMP<\/span><\/h3>\n<p class=\"pf0\"><span class=\"cf0\">Unlisted shares of Anand Rathi Share and Stock Brokers are trading at Rs 446, over the cap price of Rs 414. The GMP currently stands at Rs 32, reflecting a premium of 7.73 per cent. <\/span><\/p>\n<p class=\"pf0\">GMP shows the current investors\u2019 mood and is subject to change.<\/p>\n<h3><span class=\"cf0\">Company Background<\/span><\/h3>\n<p id=\"13\" class=\"story_para_13\"><span class=\"cf0\">Originally incorporated as <\/span><span class=\"cf0\">Navratan<\/span><span class=\"cf0\"> Capital and Securities in 1991, the firm was renamed Anand Rathi Share and Stock Brokers Limited in 2008. Today, it is one of India\u2019s established brokerage houses, offering services across broking, margin trading, and distribution of investment products.<\/span><\/p>\n<p id=\"14\" class=\"story_para_14\"><span class=\"cf0\">The company caters to a wide mix of clients including retail investors, high-net-worth individuals (HNIs), ultra-HNIs, and institutions. Its network includes 90 branches across 54 cities, 1,125 <\/span><span class=\"cf0\">authorised<\/span><span class=\"cf0\"> persons in 290 cities, and multiple digital platforms for online investors.<\/span><\/p>\n<h3><span class=\"cf0\">Anand Rathi Share And Stock Brokerage Financials<\/span><\/h3>\n<p id=\"16\" class=\"story_para_16\"><span class=\"cf0\">ARSSBL has posted consistent growth over the past three years. Revenue from operations increased from Rs 467.83 crore in FY23 to Rs 845.70 crore in FY25, clocking a healthy CAGR of 34.45%. Profit after tax more than doubled to Rs 103.61 crore in the same period, with margins improving steadily.<\/span><\/p>\n<p id=\"17\" class=\"story_para_17\"><span class=\"cf0\">The company\u2019s assets under custody jumped from Rs 29,157 crore in FY23 to Rs 81,368 crore in FY25. Its margin trading book also grew strongly, touching Rs 685.51 crore. Analysts highlight that the firm recorded the highest average revenue per client (ARPC) among peers in FY25.<\/span><\/p>\n<h3><span class=\"cf0\">Objects of the Issue<\/span><\/h3>\n<p id=\"19\" class=\"story_para_19\"><span class=\"cf0\">The proceeds from the IPO will be primarily used to fund long-term working capital requirements amounting to Rs 550 crore. The rest will be deployed towards general corporate purposes, supporting the company\u2019s expansion and technology initiatives.<\/span><\/p>\n<p id=\"20\" class=\"story_para_20\"><strong><span class=\"cf0\">Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.<\/span><\/strong><\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Varun Yadav\" title=\"Varun Yadav\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/02\/WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1165944117 artcta\"><a href=\"https:\/\/news18.co\/gnps-en\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1165944117 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 23, 2025, 13:18 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1165944117 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/ipo\/\">ipo<\/a>  <span class=\"brdout\"> Anand Rathi IPO Day 1: 40% Subscription So Far, GMP Rises; Check Price Band, Financials<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-1165944117 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/ipo\/anand-rathi-ipo-day-1-20-subscription-gmp-rises-check-price-band-financials-ws-l-9590943.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 23, 2025, 17:37 IST Anand Rathi Share and Stock Brokers IPO opens at Rs 745 crore, price band Rs 393\u2013414, closes September 25. Listing on BSE and NSE. Revenue and profit doubled since FY23. Anand Rathi Share and Stock Brokerage IPO opens today. Anand Rathi Share IPO: Anand Rathi Share and Stock Brokers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-14951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=14951"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/14952"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=14951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=14951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=14951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}