Anand Rathi Share IPO GMP Details You Can’t Miss
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IPO Open: Sep 23, 2025
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IPO Close: Sep 25, 2025
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Allotment Date: Sep 26, 2025
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Tentative Listing: Sep 30, 2025
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Issue Size: ₹745 Cr (100% fresh issue, ~1.8 Cr shares)
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Price Band: ₹393 – ₹414
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Lot Size: 36 Shares (₹14,904 min investment)
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Listing: BSE & NSE
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Registrar: MUFG Intime India Pvt. Ltd.
What’s Cooking Inside Anand Rathi Share?
Founded in 1991, Anand Rathi Share and Stock Brokers Ltd. isn’t just another broker in the street. With a pan-India brand presence and full-service financial arsenal, it offers:
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Broking across equities, derivatives, commodities, and currency
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Margin trading (because who doesn’t love leverage?)
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Mutual fund and insurance distribution
The financial track record? Rock solid. Revenue, assets, and profits have grown consistently in the last three years — rare in a rollercoaster market.
Why This IPO?
The IPO money is earmarked for:
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Long-term working capital (~₹550 Cr)
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General corporate purposes
Translation: The firm wants extra firepower to scale operations without debt pressure.
Crunching the Numbers (Valuation Metrics)
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ROE: 23.12%
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ROCE: 21.32%
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PAT Margin: 12.23%
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Debt/Equity: 1.80
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EBITDA Margin: 36.81%
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P/B Value: 4.68
P/E ratio comes at 17.72x on FY25 EPS (₹23.36). That’s slightly hotter than the industry average of 15.84x. Translation: priced on the aggressive side, but not a nosebleed valuation.
IPO Strengths
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Top ARPC (Average Revenue per Client) in its peer set
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Digital-first acquisition model
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Nationwide brand recall
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Multiple revenue engines (broking, distribution, margin trading)
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Experienced management with decades of experience
IPO Weaknesses
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Regulatory and compliance risks
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Business is highly dependent on market cycles
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Cutthroat competition in the brokerage space
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Constantly evolving financial regulations
Anand Rathi Share IPO GMP (Grey Market Premium)
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Current GMP (19 Sep 2025): ₹50
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Estimated Listing Price: ₹464 (₹414 + ₹50 GMP)
Strong signals, but remember — GMP is just the gossip of Dalal Street, not the gospel.
Reservation & Lot Size
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Retail: Min 1 lot (36 shares @ ₹14,904), Max 13 lots (₹1.93 Lakh)
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S-HNI: 14–67 lots
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Institutional Quota: 50%
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Retail Quota: 35%
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Non-Institutional: 15%
Promoters & Management
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Anand Nandkishore Rathi
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Pradeep Navratan Gupta
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Priti Pradeep Gupta
Promoter Holding: Pre-Issue 98.06% → Post-Issue 69.90%
Lead Manager: Nuvama Wealth Management Ltd.
Verdict: Should You Bet on Anand Rathi Share IPO?
This ₹745 Cr IPO screams opportunity with strong fundamentals, brand trust, and revenue streams. But… aggressive valuation plus regulatory risks make it a spicy mix.
Investor takeaway
If you’re a long-term player, Anand Rathi Share IPO GMP could be a wealth compounder. If you’re chasing listing gains, keep one eye on the GMP and the other on market mood.
Quick FAQs on Anand Rathi Share IPO
Q1. What is the Anand Rathi Share IPO price band?
₹393 – ₹414 per share.
Q2. When will Anand Rathi Share IPO list?
Tentative date: Sep 30, 2025.
Q3. How to check Anand Rathi Share IPO allotment status?
Via the BSE or MUFG Intime India Pvt. Ltd. website.
Q4. What is the current GMP?
₹50 as of Sep 19, 2025.
Disclaimer
This article is for educational and informational purposes only. IPO investments are subject to market risks. Do your own research or consult a SEBI-registered advisor before investing.
