Mumbai : Shares of Anand Rathi Share and Stock Brokers Limited, which is a full-service brokerage house, made a premium debut on the exchanges today with a premium of 4% at the listing. The stock at the end of trading hour closed at 7.64% premium.

The scrip listed at Rs 432.1 and Rs 432 per share on the BSE and NSE respectively. Immediately after the listing, the stock showed impressive upside movement and closed the day with a premium.  The company’s share price closed at Rs 445.64 per share on the BSE, a 3.13% premium, and at Rs 445.55 per share on the NSE, a 3.14% premium.

As per NSE, the total quantity traded stood at 212.92 lakh shares, on BSE the total Quantity stood at 19.80 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1025.4 crore.

The Market Capitalisation of the Company at today’s closing price stood at Rs 2795.35 crore as per BSE and Rs 2791.27 crore as per NSE.

The company had offered Rs 745 crore issue for subscription from September 23 to September 25.  This garnered substantial interest, and the offer was subscribed 20.66 times. Qualified Institutional Investors Portion and Non-institutional investor portion were subscribed 43.8 times and 28.6 times respectively. Retail Investors Portion was subscribed 4.78 times.