Mumbai, Sept. 24 -- The initial public offer of Anand Rathi Share & Stock Brokers received bids for 1,48,34,376 shares as against 1,33,63,342 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (24 September 2025). The issue was subscribed 1.11 times.

The issue opened for bidding on 23 September 2025 and it will close on 25 September 2025. The price band of the IPO is fixed between Rs 393 and 414 per share. An investor can bid for a minimum of 36 equity shares and in multiples thereof.

The initial public offer (IPO) consists of fresh issue to raise Rs 745 crore through issuance of 1.90 crore equity shares at the lower band of Rs 393 per share (face value Rs 5 per share) and 1.80 crore equity shares at the upper b...