New Delhi, Sept. 30 -- Anand Rathi share price made a lukewarm debut on the bourses today, Tuesday, September 30. On NSE, Anand Rathi share price opened at Rs.432 per share, 4.35% higher than the issue price of Rs.414. On BSE, the stock opened at Rs.432.10 apiece, up 4.37% than the issue price.

The initial public offering of Anand Rathi Group's brokerage division, Anand Rathi Share and Stock Brokers Ltd, achieved a subscription rate of 20.66 times on the final day of bidding, which was Thursday. The segment designated for qualified institutional buyers (QIBs) was subscribed 43.80 times, while the portion allocated for non-institutional investors received 28.60 times subscription. The retail individual investors (RIIs) segment saw a subsc...