Anand Rathi Share IPO GMP, Price ... 

Anand Rathi IPO Is Around the Corner!

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: Company Profile

Anand Rathi is a renowned full-time brokerage house in India with over 30 years of experience. Let’s look at its company profile. 

Particulars

Descriptions

Began

1991

Business

Financial services provider, including services like stock broking, mutual fund distribution, research, etc

Revenue Stream

Broking and related services
Interest on Margin Trading Facility Book

Distribution of Investment Products

Total number of Clients

886,644

Promoters

Anand Nandkishore Rathi, Pradeep Navratan Gupta, Priti Pradeep Gupta, and Anand Rathi Financial Services Limited

Branches

90

Domestic Presence

54 cities

Peers

Geojit Financial Services, IIFL Capital Services, Motilal Oswal Financial Services, Angel One 


Your Guide to the Anand Rathi IPO Details 

Let’s talk about the Anand Rathi ipo listing date, listing price, lot size, and other details.


  • Anand Rathi IPO Date 


Events

Date

Opening

23 September 2025

Closing

25 September 2025

UPI Mandate End

25 September 2025 (5 PM)

Allotment

26 September 2025

Refund

29 September 2025

Shares moving to demats

29 September 2025

Listing

30 September 2025


  • Anand Rathi IPO size


Particulars

Shares

Aggregate Value (₹ Cr)

Fresh Issue 

1,79,95,169 

₹745.00 Cr

Offer for Sale

NIL

NIL

Overall Issue 

1,79,95,169 

₹745.00 Cr


  • Anand Rathi IPO Objectives


Particulars

Amount (₹ Crores)

Funding the working capital requirements

550.00

General Corporate Purposes

NA


  • Anand Rathi IPO lot size and Anand Rathi IPO issue price



Particulars

Description

Face value of each share (₹)

5

Price Range (₹)

393 to 414

Lot size (shares)

36

Listed At 

BSE, NSE


  • Anand Rathi IPO Investors Categorisation


Investor

Allotment

QIB

Maximum 50% of the Issue

NIB

Minimum 15% of the Issue

RIB

Minimum 35% of the Issue


  • Anand Rathi IPO: Anchor Investor Details


Particulars

Description

Opening Date

22 September 2025 

Terms of Payment  

Full payment is required upon submission of a bid


Here’s your exclusive pass to exciting deals on top demat accounts!

Key Financials of Anand Rathi IPO


Particulars

FY2025 

(₹ mn)

FY2024 

(₹ mn)

FY2023 

(₹ mn)

Total Revenue from Operations

8,456.98

6,817.88

4,678.26

Total Income

8,470.04

6,832.56

4,687.03

Total Expenses

7,066.26

5,678.57

4,177.12

Profit for the Year

1,036.06

772.90

377.45

PAT Margin

12%

11%

8%

ROE

23%

23%

15%

Core Strengths and Risks

It's important to check some strengths and risks of the Anand Rathi IPO.


Strengths

  1. Highest ARPC: The CARE report highlights that Anand Rathi has the highest Average Revenue Per Customer amongst its peers in fiscal 2025.

  2. Diversified Revenue: The company has a diversified revenue stream, including broking services, a margin trading facility, and the distribution of investment products.

  3. Pan-India presence: The company has a presence in over 54 cities in India, with 90 operational branches. 

  4. Strong Financials: The company has a strong and healthy growth in profitability and overall financial position. 


Risks

  1. Market volatility: The nature of the business is exposed to market volatility, which may impact the financial position of the company. 

  2. 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.

  3. 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.

  4. Heavy technological dependence: The company’s operations largely depend on technology. Any glitch or technical failure may result in poor performance.

Final words: Anand Rathi IPO

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.

FAQs:


  1. 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.

  1. 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.

  2. 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.



  1. 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.

  2. 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.

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