Anand Rathi Share & Stock Brokers IPO Day 2: Check GMP, Subscription Status & Key Highlights
Today is Day 2 of the ₹745 crore Anand Rathi Share & Stock Brokers IPO, which opened yesterday, 23 September 2025. The bidding window is scheduled to close on September 25, 2025.
Anand Rathi Share & Stock Brokers IPO: Issue Details
The Anand Rathi Share & Stock Brokers IPO is a book-building issue of ₹745 crores, comprising entirely a fresh issue of 1.80 crore shares. The price band is set between ₹393 and ₹414 per share. The basis of allotment will be finalised by September 26, 2025, and the tentative listing date on BSE and NSE is September 30, 2025.
The book-running lead managers for the IPO are Nuvama Wealth Management Limited, DAM Capital Advisors Limited, and Anand Rathi Advisors Limited. MUFG Intime India Private Limited (Link Intime) serves as the registrar for the issue.
Anand Rathi Share & Stock Brokers IPO Day 2 Subscription Status
[24-September-2025 10:27:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.01 |
|
Non-Institutional Investors |
0.70 |
|
Retail Individual Investors(RIIs) |
0.69 |
|
Employees |
1.47 |
|
Total |
0.52 |
Anand Rathi Share & Stock Brokers IPO Day 1 Subscription Status
[23-September-2025 5:00:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.01 |
|
Non-Institutional Investors |
0.53 |
|
Retail Individual Investors (RIIs) |
0.53 |
|
Employees |
1.42 |
|
Total |
0.40 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to
- Fund long-term working capital requirements
- General corporate purposes
Anand Rathi Share & Stock Brokers IPO GMP Details
As of 24 September 2025, Anand Rathi Share & Stock Brokers' IPO GMP stood at ₹45. The expected listing gain is ₹459, i.e., a 10.87% gain per share over the upper price band.
Source: Business Standard Report dated 24 September 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
Anand Rathi Share & Stock Brokers Business Overview
Anand Rathi Share & Stock Brokers (ARSSBL), part of the Anand Rathi Group, is a full-service broking firm that provides a comprehensive suite of financial services, a margin trading facility and the distribution of financial products through a network of 90 branches spread across 54 cities in India.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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