By News18,Varun Yadav
Copyright news18
Anand Rathi Share Price: Shares of Anand Rathi Share and Stock Brokers Limited (ARSSBL) made a modest debut on Tuesday, September 30. The stock listed at 432 apiece on NSE, reflecting a premium of 4.34 per cent. On BSE, the stock was listed at Rs 432.10 apiece.
Post-listing, shares gained slightly to 6.12 per cent to trade at Rs 441.5 apiece.
Anand Rathi Share and Stock Brokers Limited (ARSSBL) launched its Rs 745-crore initial public offering (IPO) on Tuesday, September 23, 2025. The issue closed on Thursday, September 25. The company has set a price band of Rs 393–414 per equity share with a face value of Rs 5.
During the three-day window, the issue was subscribed 20.66 times. Investors put bids for 27,60,82,128 equity shares against the equity shares of 1,33,63,342 on offer.
The allotment of unlisted shares happened on Friday, September 26.
This is Anand Rathi Group’s second IPO after Anand Rathi Wealth Ltd, whose IPO came in 2021. Anand Rathi Wealth IPO has delivered a massive 800 per cent return in the past three years as per BSE analytics.
For employees, a reservation of Rs 10 crore has been announced, along with a discount of Rs 25 per share. Post issue, the company’s market capitalization is estimated to be between Rs 2,503 crore and Rs 2,597 crore.
The company caters to a wide mix of clients including retail investors, high-net-worth individuals (HNIs), ultra-HNIs, and institutions. Its network includes 90 branches across 54 cities, 1,125 authorised persons in 290 cities, and multiple digital platforms for online investors.
Anand Rathi Share And Stock Brokerage Financials
ARSSBL has posted consistent growth over the past three years. Revenue from operations increased from Rs 467.83 crore in FY23 to Rs 845.70 crore in FY25, clocking a healthy CAGR of 34.45%. Profit after tax more than doubled to Rs 103.61 crore in the same period, with margins improving steadily.
The company’s assets under custody jumped from Rs 29,157 crore in FY23 to Rs 81,368 crore in FY25. Its margin trading book also grew strongly, touching Rs 685.51 crore. Analysts highlight that the firm recorded the highest average revenue per client (ARPC) among peers in FY25.
Objects of the Issue
The proceeds from the IPO will be primarily used to fund long-term working capital requirements amounting to Rs 550 crore. The rest will be deployed towards general corporate purposes, supporting the company’s expansion and technology initiatives.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
