Anand Rathi Share IPO a well-established financial services provider, is launching its ₹745 crore IPO to raise funds for business expansion. The issue will be open for subscription from 23 September 2025 to 25 September 2025, with anchor bidding scheduled on 22 September 2025. The IPO consists entirely of a fresh issue of shares, with no Offer for Sale (OFS) component, reflecting the company’s focus on strengthening its balance sheet. The price band is set at ₹393–₹414 per share, and the minimum lot size is 36 shares, requiring retail investors to invest approximately ₹14,904 at the upper end.

Of the total issue, 50% is reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for Retail Individual Investors (RIIs). The proceeds will be utilized for long-term working capital requirements, technology enhancement, and general corporate purposes. Anand Rathi is among India’s prominent full-service brokerage houses, offering equities, derivatives, commodities, currency trading, portfolio management, margin funding, and distribution of mutual funds and insurance. The company has a strong nationwide presence with 90 branches across 54 cities, supported by its digital trading platforms and authorised partners.

For FY 2025, Anand Rathi reported solid financial performance with healthy revenue growth and improved profitability, strengthening investor confidence. The IPO GMP in the grey market is currently showing a positive premium, which indicates strong demand and expectations of a healthy listing. The allotment will be finalized on 26 September 2025, and the listing is scheduled for 30 September 2025 on NSE and BSE.