The Anand Rathi Shares IPO opens on September 23, 2025, and will close on September 25, 2025. The Anand Rathi Shares IPO is a book-built issue. The company will raise approximately ₹745 crore through the IPO, which includes a fresh issue of ₹745 crore worth of shares and an offer for sale of ₹5 face value equity shares.
The Anand Rathi Shares IPO price band is ₹393 to ₹414 per share. The retail quota is 35%, QIBs 50%, and HNIs 15%. The Anand Rathi Shares IPO will be listed on the BSE and NSE in 2025. The allotment of the Anand Rathi Shares IPO will take place in 2025.
The company reported revenue of ₹847.00 crore in 2025, compared to ₹683.26 crore in 2024. The company reported a profit of ₹103.61 crore in 2025, compared to ₹77.29 crore in 2024. As per the financials, IPO investors should invest in the IPO GMP for the long term.
Anand Rathi Share IPO Details
| IPO Date | September 23, 2025 to September 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹393 to ₹414 per share |
| Lot Size | 36 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,79,95,169 shares (aggregating up to ₹745.00 Cr) |
| Employee Discount | ₹25.00 |
| Issue Type | Book building IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,47,14,558 shares |
| Share Holding Post Issue | 6,27,09,727 shares |
Company Financials
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 3,365.00 | 2,585.10 | 1,628.78 |
| Total Income | 847.00 | 683.26 | 468.70 |
| Profit After Tax | 103.61 | 77.29 | 37.75 |
| EBITDA | 311.27 | 230.58 | 115.07 |
| NET Worth | 503.76 | 392.66 | 265.23 |
| Reserves and Surplus | 481.58 | 370.48 | 245.07 |
| Total Borrowing | 905.57 | 879.24 | 423.00 |
| Amount in ₹ Crore | |||
Anand Rathi Share IPO Market Lot
The Anand Rathi Share IPO minimum market lot is 36 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots with 468 shares of ₹1,93,752 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 36 | ₹14,904 |
| Retail Maximum | 13 | 468 | ₹1,93,752 |
| S-HNI Minimum | 14 | 504 | ₹2,08,656 |
| S-HNI Maximum | 67 | 2,412 | ₹9,98,568 |
| B-HNI Minimum | 68 | 2,448 | ₹10,13,472 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Anand Rathi Share IPO Anchor Investors
| Anchor Bidding Date | September 22, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | October 26, 2025 |
| lock-in period end date 50% shares (90 Days) | December 25, 2025 |
Anand Rathi Share IPO Dates
The Anand Rathi Share IPO date is September 23 and the close date is September 25. The Anand Rathi Share IPO allotment will be finalized on September 26 and the IPO listing on September 30.
| IPO Open Date: | September 23, 2025 |
| IPO Close Date: | September 25, 2025 |
| Basis of Allotment: | September 26, 2025 |
| Refunds: | September 29, 2025 |
| Credit to Demat Account: | September 29, 2025 |
| IPO Listing Date: | September 30, 2025 |
| IPO Bidding Cut-off Time: | September 25, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Anand Nandkishore Rathi, Pradeep Navratan Gupta, Priti Pradeep Gupta and Anand Rathi Financial Services Limited.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 4,47,14,558 | 98.06% |
| Promoter Holding Post Issue | 6,27,09,727 | 69.90% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Funding long-term working capital requirements of the Company | 550 | -% |
| General Corporate Purpose | – | -% |
About Anand Rathi Share IPO
To be updated soon
Anand Rathi Share IPO Valuation – FY2025
Check Anand Rathi Share IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 23.12% |
| ROCE: | 21.32% |
| EBITDA Margin: | 36.81% |
| PAT Margin: | 12.23% |
| Debt to equity ratio: | 1.8 |
| Earning Per Share (EPS): | ₹23.36 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.12% |
| Net Asset Value (NAV): | ₹113.57 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Motilal Oswal Financial Services | 41.83 | 20.91 | 25.21% | 185.73 | 8,417.22 Cr. |
| IIFL Capital Services Limited | 23.06 | 13.49 | 33.17% | 80.98 | 2,567.43 Cr. |
| Geojit Financial Services | 6.18 | 11.53 | 15.49% | 44.57 | 749.32 Cr. |
| Angel One Limited | 130.05 | 17.42 | 7.78% | 624.53 | 5,247.67 Cr. |