The Initial Public Offering of Anand Rathi Share and Stock Brokers Limited was subscribed 20.66 on the Final day of bidding.

The issue received bids of 27,60,81,984against the offered 1,33,63,342 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional portion were subscribed 4.78 times and 28.60 timesrespectively. Qualified Institutional Investors was subscribed 43.80 times and Employee Portion was subscribed 2.56 times.

The issue kicked off for subscription on Tuesday, September 23, 2025 and closed for subscription on Thursday, September 25, 2025.

Nuvama Wealth Management, DAM Capital Advisors and Anand Rathi Advisors   are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.