Anand Rathi IPO 2025: Check IPO GMP and Listing Gains
The Anand Rathi Share & Stock Brokers Limited IPO has officially opened in India’s primary market today and is attracting strong interest from investors. Even before opening, Anand Rathi IPO shares saw strong grey market interest, with GMP at ₹24 signaling a 6% potential gain. The application for Initial Public Offering is open until 25 September 2025. The company has fixed a price band of ₹393–₹414 per equity share, and the IPO of Anand Rathi is expected to be listed on both the BSE and National Stock Exchange. Through this mainboard issue, Anand Rathi aims to raise ₹745 crore by issuing fresh shares.
Anand Rathi IPO GMP Today
The buzz has been created and the IPO is opened for subscription, Anand Rathi shares has generated significant interest in the unofficial market, grey market. According to market observers, the Anand Rathi IPO GMP today stands at ₹24, indicating a potential listing gain of around 6% for investors. However, Grey Market Premium is totally unofficial and highly volatile. It can change overnight, investors must not rely on the GMP.
Day 1 Subscription Status (as of 2:30 PM)
The initial IPO subscription numbers on day 1 show moderate interest across different investor segments:
Investor Category | Subscription (Times) |
---|---|
Overall Public Issue | 0.28 |
Retail Investors | 0.40 |
Non-Institutional Investors (NII) | 0.31 |
Qualified Institutional Buyers (QIB) | 0.01 |
Anand Rathi IPO Highlights
Particulars | Details |
---|---|
IPO Price Band | ₹393 – ₹414 per share |
IPO Open Date | 23 September 2025 |
IPO Close Date | 25 September 2025 |
IPO Size | ₹745 crore (fresh issue) |
Lot Size | 36 shares per lot |
GMP Today | ₹24 |
Allotment Date | 26 September 2025 |
Listing Date | 25 September 2025 (BSE & NSE) |
IPO Registrar | MUFG Intime India Private Limited |
Lead Managers | Nuvama Wealth Management, DAM Capital Advisors, Anand Rathi Advisors |
Also Read: TruAlt Bioenergy IPO 2025
Investors interested in this IPO should keep an eye on subscription trends and GMP updates, as they provide early insights into possible listing gains.

Frequently asked questions
The IPO price band is ₹393 to ₹414 per equity share. Investors can apply within this range.
The IPO is open from 23 September 2025 to 25 September 2025.
As of day 1, the Anand Rathi IPO GMP is ₹24, indicating a potential 6% listing gain.
The IPO allotment is expected on 26 September 2025.