Everything you need to know about Anand Rathi Share And Stock Brokers IPO

About

Anand Rathi Share and Stock Brokers is a financial services firm founded in India in 1994. The company offers various investment and brokerage services, including equity and commodity trading, derivatives, mutual funds, portfolio management, and wealth advisory. With over 350 locations across the country and offices abroad, Anand Rathi serves a diverse clientele that includes retail investors, high-net-worth individuals, and institutional clients. The firm provides multiple digital platforms to support its clients’ trading and investment needs, reflecting a continued focus on technology and accessibility.

IPO schedule

Issue open date 2025-09-23
Issue close date 2025-09-25
UPI mandate deadline 2025-09-25 (5 PM)
Allotment finalization 2025-09-26
Refund initiation 2025-09-29
Share credit 2025-09-29
Listing date 2025-09-30
Mandate end date 2025-10-10
Lock-in end date for anchor investors (50%) 2025-10-26
Lock-in end date for anchor investors (remaining) 2025-12-25

Financials

Financial Year Ended March 2023 March 2024 March 2025
Total Assets 1628.78 2585.09 3365.00
Revenue 468.70 683.25 847.00
Profit After Tax 37.75 77.29 103.61

Issue size

Funds Raised in the IPO Amount
Overall ₹745 crores
Fresh Issue ₹745 crores

Utilisation of proceeds

Purpose INR crores (%)
Working capital requirements 550 (74%)
General corporate purposes 195 (26.1%)

Strengths

  • Operating since 1994, it has a strong presence and experience in financial markets.
  • Offers a wide range of financial services across equity, commodities, and investment products.
  • Serves a large and diverse client base, including retail and institutional investors.
  • Has an extensive network of offices across India and a few international locations.
  • Shows consistent growth in revenue and profitability in recent years.

Risks

  • Exposure to market volatility which can impact revenue from trading and brokerage services.
  • Regulatory actions or changes may affect business operations and compliance costs.
  • Past involvement in the NSEL case may affect reputation and investor confidence.
  • Intense competition in the financial services sector could pressure margins and client retention.
  • A few of its directors (s) have been charged sheeted under various provisions of law.

Allotment Status for Anand Rathi Share and Stock Brokers

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