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Anand Rathi Share and stock brokers operates in the Banking and Finance sector; offering broking, margin trading, and distribution of financial products. Broking industry in India is estimated to be valued at ~ Rs 520 billion as of FY25 and expected to grow at a CAGR of 16-18% over the next 2-3 years.
Broking and other financial services through (i) network of 90 branches spread across 54 cities in India; (ii) network of 1,125 Authorised Persons spread across 290 cities in India; and (iii) online and digital 214 platforms. The multi channel presence through pan-India branches and network of Authorised Persons and online and digital platforms enables to service the clients across Tier 1, Tier 2, Tier 3 and other cities.
| Revenue | ₹681.70 cr | ₹845.69 cr (+24.06%) | |
| PAT | ₹77.20 cr | ₹103.60 cr (+34.20%) | |
| PAT Margin | 11.32 % | 12.25 % (+8.22%) | |
| EBITDA | ₹230.50 cr | ₹438.29 cr (+90.15%) | |
| EBITDA Margin | 33.81 % | 51.83 % (+53.30%) | |
| ROE | 19.66 % | 20.57 % (+4.63%) | |
| ROCE | 21.48 % | 21.32 % (-0.74%) | |
| D/E | 1.61 | 1.53 (-4.97%) |
Offerings and services are divided into broking services, Margin Trading Facility, Distribution of investment products, and a wide array of investment solutions offered to clients. The company has a pan-India presence.
PE Ratio: 25.06x Average Sector PE Ratio: 20.75x
| QIB Shares Offered: | 8869050 |
| - Anchor Investor Shares Offered: | 5326086 |
| − QIB (Ex. Anchor) Shares Offered : | 3542964 |
| NII (HNI) Shares Offered: | 2660715 |
| - bNII > ₹10L: | 1773810 |
| - sNII < ₹10L: | 886905 |
| Retail Shares Offered: | 6208335 |
| Total Shares Offered: | 17738100 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹14904 |
| Retail (Max) | 36 | 468 | ₹193752 |
| S-HNI (Min) | 14 | 504 | ₹208656 |
| S-HNI (Max) | 67 | 2412 | ₹998568 |
| B-HNI (Min) | 68 | 2448 | ₹1013472 |
Avg IPO Size (Sector Based):
₹ 1,889.77 cr.
Average Sector PE Ratio:
20.75 X
Listing Price:
₹ 432.00
Anand Rathi is a leading full-service brokerage house in India with over 30 years of experience, offering broking, margin trading, and distribution of financial products. Its wide range of services covers equity, derivatives, commodities, and currency markets, catering to retail clients, high net worth and ultra-high net worth individuals, as well as institutions. As of September 30, 2024, 146,029 active clients, representing 84.86% of its base, were above 30 years of age, highlighting its strong focus on a key growth demographic.
Part of the Anand Rathi Group, the firm has built a trusted reputation supported by its diversified financial services businesses. Its three-decade track record and comprehensive offerings position it for continued expansion in a competitive market.
The company reaches clients through 90 branches across 54 cities, 1,123 Authorised Persons across 333 cities, and its online and digital platforms, ensuring access across Tier 1, Tier 2, Tier 3, and beyond.
Anand Rathi Securities Limited, based in Mumbai is the Lead Manager (BRLM) of Anand Rathi IPO. Anand Rathi Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Anand Rathi Securities Limited .
Dam Capital Advisors Limited (Formerly Idfc Securities Limited), based in Mumbai is the Lead Manager (BRLM) of Anand Rathi IPO. Dam Capital Advisors Limited (Formerly Idfc Securities Limited) has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Dam Capital Advisors Limited (Formerly Idfc Securities Limited) .
Nuvama Wealth Management Limited, based in Mumbai is the Lead Manager (BRLM) of Anand Rathi IPO. Nuvama Wealth Management Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Nuvama Wealth Management Limited .
Anand Rathi Share and Stock Brokers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Anand Rathi Share and Stock Brokers Financial Review Page
Merchant Banker(s) of Anand Rathi Share and Stock Brokers IPO: Anand Rathi Securities Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Nuvama Wealth Management Limited
Anand Rathi Share and Stock Brokers IPO subscription was 21.83 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Anand Rathi Share and Stock Brokers IPO listed at a listing price of 432.00 against the offer price of 414.00.
The current market price of Anand Rathi Share and Stock Brokers is 445.10.
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