India is experiencing a surge in its broking industry. As of 2025, its valuation stands at ₹517 billion and is expected to grow at a CAGR of 16-18%, owing to rising financial literacy among Indian investors. Anand Rathi, with its IPO, is well-positioned to benefit from this growth.
MUFG Intime India Private Limited is the official registrar of the Anand Rathi IPO. Nuvama Wealth Management Limited, DAM Capital Advisors Limited, and Anand Rathi Advisors Limited are the book-running lead managers. You can check the status of the allotment.
For more information regarding the Anand Rathi share IPO price, date, size, etc., check out the Anand Rathi DRHP and RHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Anand Rathi is a renowned full-time brokerage house in India with over 30 years of experience. Let’s look at its company profile.
Let’s talk about the Anand Rathi ipo listing date, listing price, lot size, and other details.
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It's important to check some strengths and risks of the Anand Rathi IPO.
Strengths
Highest ARPC: The CARE report highlights that Anand Rathi has the highest Average Revenue Per Customer amongst its peers in fiscal 2025.
Diversified Revenue: The company has a diversified revenue stream, including broking services, a margin trading facility, and the distribution of investment products.
Pan-India presence: The company has a presence in over 54 cities in India, with 90 operational branches.
Strong Financials: The company has a strong and healthy growth in profitability and overall financial position.
Risks
Market volatility: The nature of the business is exposed to market volatility, which may impact the financial position of the company.
High working capital: As a financial services company, Anand Rathi’s working capital requirements are high. Margin trading facilities and trade receivables are dependent on heavy working capital. Failure to match these requirements may hamper the company’s operations.
Negative cash flows: The company faced a negative cash flow from investing activity in FY25 and a negative operating cash flow from the last three fiscal years.
Heavy technological dependence: The company’s operations largely depend on technology. Any glitch or technical failure may result in poor performance.
The Anand Rathi IPO GMP today is ₹60. However, the GMP can fluctuate. Stay updated with the latest GMP. With strong financials and a significant presence, the Anand Rathi IPO is all set to go public.
Don’t forget to check the live subscription status before hitting APPLY.
What is the Anand Rathi share price BSE?
The Anand Rathi share price IPO is set between ₹393 and ₹414 per share, with a lot size of 36 shares. The face value per share is ₹5.
What is the Anand Rathi IPO GMP?
The Anand Rathi IPO’s GMP as of 11:29 AM, 18th September 2025, is ₹60. The GMP does not stay constant. You can check the latest GMP updates.
What is the Anand Rathi IPO date?
The Anand Rathi IPO will commence on 23rd September, 2025, and end on 25th September, 2025. The tentative listing date is 30th September, 2025. You can check the live subscription status before hitting APPLY.
Do I need a demat account to bid for the Anand Rathi IPO?
Yes, a demat account is mandatory to bid for any IPO, including the Anand Rathi IPO. Click here to get your demat account today.
What is the Anand Rathi IPO apply online option?
You can apply for the Anand Rathi IPO online using your demat account. Don’t have one? Click here to get the ultimate list of the top demat account providers.