Anand Rathi Share and Stock Brokers IPO: Co picks up RS 220 Crore from Anker investors

Anand Rathi Share and stock agenders increased RS 220.49 Crore from Anker investors on Monday prior to his first public offer (IPO) that will be opened for a public subscription on Tuesday 23 September.

Enkele van de tent instellingen die deelnamen aan het anker omvatten HDFC Mutual Fund, Kotak Mutual Fund, BNP Paribas Financial Markets, Quant Mutual Fund, Aditya Birla Sun Life Mutual Fund, SBI Life Insurance, PineBridge Global Fund Mutual Fund, Iti Mutual Fund, Iti Mutual Mutual Fund, Iti Mutual Mutual Fund, Bandhan Mutual Fund, Bandhan Mutual Fund, Bandhan Mutual Fund, Bandhan Mutual Fund, Iti Mutual Mutual Fund, Iti Mutual Mutual Fund, Iti Mutual Mutual Fund, Iti Mutual Mutual Mutual Fund, Iti Mutual Mutual Fund. Fund and Rajasthan Global Securities.

Anand Rathi Share and Stock Brokers IPO GMP

Shares of Anand Rathi share and stock agents contain a gray market premium of RS 31 or 7.5% compared to the issue price of RS 414. The shares are estimated at RS 445.

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About Anand Rathi Part IPO

Anand Rathi Share and Stock Brokers is the brokerage arm of the Anand Rathi Group and it has announced the price band at RS 393 to RS 414 per share. The problem size is linked to RS 745 Crore and consists of a 100% fresh issue without supply for sale (OFS) component, which means that all proceeds go to the company.

The public number will be closed on Thursday, September 25, 2025. The IPO is carried out via the route for building books, and the shares of shares, each with a nominal value of RS 5, are mentioned on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), with NSE referred to as the Primary stock exchange for this number.

Anand Rathi Share and Stock Brokers IPO

According to the company’s offer documents, RS 550 Crore of the Netto yield of the IPO will be used to meet the long-term working capital requirements. The remaining funds will be used for general business purposes.

Bookling Lead Managers and Registrar

The Book-Running Lead Managers (BRLMS) for the IPO are Nuvama Wealth Management Limited, Dam Capital Advisors Limited and Anand Rathi Advisors Limited, while the registrar of the MUFG Investor Services India Private Limited is.

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(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)