Anand Rathi Share & Stock Brokers Ltd Logo

Anand Rathi Share & Stock Brokers Ltd IPO

BSELot: 36

LISTEDMAINBOARD
Issue Price414
Listing432
Current578
Price Band
393 - ₹414
Lot Size
36
Issue Size
₹745.64 Cr
GMP
0
Subscription
0.45x

IPO Schedule

1
Open
23 Sept
2
Close
25 Sept
3
Allotment
26 Sept
4
Listing
30 Sept

About Anand Rathi Share & Stock Brokers Ltd

Anand Rathi Share and Stock Brokers Ltd. is a well-established financial services group in India, providing a range of services including wealth management, investment banking, and brokerage services. The company caters to a diverse client base, including retail investors, high-net-worth individuals, and institutional clients.

Subscription Status

QIB
0.01x
NII
0.56x
Retail
0.61x
CategoryDay 3Day 2Day 1
QIB46.25x0.02x0.01x
NII30.16x1.98x0.56x
Retail5.11x1.51x0.61x
Total21.83x1.20x0.45x

Risk Factors

Dependence on market conditions; downturns in the equity market can negatively impact revenue and profitability.
Intense competition from other brokerage firms and financial institutions.
Regulatory changes and compliance requirements in the financial services industry can increase operational costs.