Anand Rathi Share IPO Subscription
ListedUpdated 30 September 2025, 9:15 AM IST· Mainboard
Anand Rathi Share IPO subscription closed on 25 September 2025 at 21.83x overall by shares. QIB demand came in at 46.25x, NII at 30.16x, and retail at 5.04x. See Retail, SHNI, and BHNI allotment chances in the table…
Anand Rathi Share IPO subscription closed on 25 September 2025 at 21.83x overall by shares. QIB demand came in at 46.25x, NII at 30.16x, and retail at 5.04x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 26 September 2025. Listing date on NSE and BSE is 30 September 2025.
Anand Rathi Share IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2025 | 0.01x | 0.56x | 0.61x | 0.45x |
| Day 2 - 24 Sept 2025 | 0.02x | 1.98x | 1.51x | 1.20x |
| Day 3 - 25 Sept 2025 | 46.25x | 30.16x | 5.11x | 21.83x |
Anand Rathi Share IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Anand Rathi Share IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 4.34x | 1 in 4 |
| SHNI (Rs 2L to Rs 10L) | 25.62x | 1 in 26 |
| BHNI (above Rs 10L) | 5.83x | 1 in 6 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Anand Rathi Share IPO Allotment Status page from 26 September 2025 for your result.
Anand Rathi Share IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 414.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 146.68 Cr | Rs 6,783.31 Cr | 46.25x |
| FII | - | Rs 1,616.77 Cr | - |
| DFI | - | Rs 3,971.45 Cr | - |
| Mutual Funds | - | Rs 109.98 Cr | - |
| Other | - | Rs 1,085.10 Cr | - |
| NII | Rs 110.15 Cr | Rs 3,322.03 Cr | 30.16x |
| bNII (above Rs 10L) | Rs 73.44 Cr | Rs 2,350.83 Cr | 32.01x |
| Corporate | - | Rs 144.89 Cr | - |
| Individual | - | Rs 2,119.39 Cr | - |
| Other | - | Rs 86.56 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 36.72 Cr | Rs 971.20 Cr | 26.45x |
| Corporate | - | Rs 5.99 Cr | - |
| Individual | - | Rs 921.59 Cr | - |
| Other | - | Rs 43.62 Cr | - |
| Retail | Rs 257.03 Cr | Rs 1,295.70 Cr | 5.04x |
| Cut-off price | - | Rs 1,029.70 Cr | - |
| Fixed price | - | Rs 266.00 Cr | - |
| Employee | Rs 10.64 Cr | Rs 28.76 Cr | 2.70x |
| Cut-off price | - | Rs 18.85 Cr | - |
| Fixed price | - | Rs 9.91 Cr | - |
| Total | Rs 524.50 Cr | Rs 11,429.80 Cr | 21.79x |
Anand Rathi Share IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 35,42,964 | 526 | 0.00x |
| FII | - | 21 | - |
| DFI | - | 33 | - |
| Mutual Funds | - | 8 | - |
| Other | - | 464 | - |
| NII | 5,279 | 65,611 | 12.43x |
| bNII (above Rs 10L) | 3,519 | 20,525 | 5.83x |
| Corporate | - | 181 | - |
| Individual | - | 19,492 | - |
| Other | - | 852 | - |
| sNII (Rs 2L to Rs 10L) | 1,760 | 45,086 | 25.62x |
| Corporate | - | 230 | - |
| Individual | - | 42,802 | - |
| Other | - | 2,054 | - |
| Retail | 1,72,454 | 7,48,241 | 4.34x |
| Cut-off price | - | 5,89,203 | - |
| Fixed price | - | 1,59,038 | - |
| Employee | 7,141 | 7,892 | 1.11x |
| Cut-off price | - | 5,983 | - |
| Fixed price | - | 1,909 | - |
| Total | 37,27,838 | 8,22,270 | 0.22x |
What Do These Subscription Numbers Mean?
21.83x overall by shares means bids covered about 22 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 46.25x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (12.43x by applications). Split: SHNI 25.62x, BHNI 5.83x by applications. SHNI and BHNI allotment is by lottery.
At 4.34x subscription by applications, about 1 in 4 retail applicants may get allotment (~23% chance per application). Retail allotment is also by lottery.
Anand Rathi Share IPO GMP After Subscription
GMP for Anand Rathi Share IPO stands at Rs 31.00 today, giving an estimated listing price of Rs 445.00 per share.
A subscription of 21.83x combined with a GMP of 7.49% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Anand Rathi Share IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Anand Rathi Share IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Allotment Date | 26 September 2025 |
| Refund Initiation | 27 September 2025 |
| Share Credit to Demat | 27 September 2025 |
| Listing Date | 30 September 2025 |
| Minimum Investment | Rs 14,904.00 |
| Lot Size | 36 shares |
About Anand Rathi Share IPO
Anand Rathi is a full-service brokerage house in India with over 30 years of experience. The company provides a wide range of financial services, including broking, margin trading facilities, and the distribution of financial products to a diverse clientele of retail, high net worth individuals, and institutions. The company's services cover multiple asset classes such as equity, derivatives, commodities, and currency markets.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Anand Rathi Share IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Anand Rathi Share IPO Details
Issue size, price, financials, and company info
Anand Rathi Share IPO GMP
Live grey market premium and listing estimate
Anand Rathi Share IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Anand Rathi Share IPO Allotment
Allotment date, chances, and check by PAN
Anand Rathi Share IPO Review
SWOT, strengths, risks, and IPO review
Anand Rathi Share IPO FAQ
Common questions on dates, GMP, and allotment
Anand Rathi Share IPO Registrar
Registrar website and how to check allotment
Anand Rathi Share IPO Timeline
Open, close, allotment, and listing dates
Anand Rathi Share IPO News
Updates, blogs, and latest IPO news
Anand Rathi Share IPO Subscription FAQs
What is Anand Rathi Share IPO subscription status today?
Anand Rathi Share IPO subscription closed on 25 September 2025 with overall subscription of 21.83x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 46.25x, NII 12.43x, Retail 4.34x.
What is the overall subscription of Anand Rathi Share IPO?
Anand Rathi Share IPO is subscribed 21.83x overall by shares at close on 25 September 2025. QIB 46.25x, NII 12.43x, and Retail 4.34x.
What is Anand Rathi Share IPO QIB subscription?
Anand Rathi Share IPO QIB (Qualified Institutional Buyers) subscription is 46.25x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Anand Rathi Share IPO Retail subscription?
Anand Rathi Share IPO Retail subscription is 4.34x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Anand Rathi Share IPO NII, SHNI, and BHNI subscription?
Anand Rathi Share IPO NII subscription is 12.43x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 25.62x and BHNI (above Rs 10L) at 5.83x.
What are Anand Rathi Share IPO retail allotment chances?
At 4.34x subscription by applications, about 1 in 4 retail applicants may get allotment (~23% chance per application). Allotment is by lottery. Share subscription was 5.04x. Allotment chances use applications, not share volume.
What are Anand Rathi Share IPO SHNI allotment chances?
At 25.62x subscription by applications, about 1 in 26 SHNI applicants may get allotment (~4% chance per application). Allotment is by lottery. Share subscription was 26.45x. Allotment chances use applications, not share volume.
What are Anand Rathi Share IPO BHNI allotment chances?
At 5.83x subscription by applications, about 1 in 6 BHNI applicants may get allotment (~17% chance per application). Allotment is by lottery. Share subscription was 32.01x. Allotment chances use applications, not share volume.
When is Anand Rathi Share IPO allotment date?
Anand Rathi Share IPO allotment date is 26 September 2025. Check Anand Rathi Share IPO Allotment Status on IPOwiz from that day using your PAN.
When does Anand Rathi Share IPO subscription close?
Anand Rathi Share IPO subscription closed on 25 September 2025. No new applications are accepted after the close.
What is Anand Rathi Share IPO GMP today?
Anand Rathi Share IPO GMP is ₹31 today (+7.49% over issue price ₹414). See live GMP on the Anand Rathi Share IPO GMP Today page.
What is Anand Rathi Share IPO issue price and lot size?
Anand Rathi Share IPO issue price is ₹414 per share. Lot size is 36 shares. Minimum investment is ₹14,904 per lot. Issue size: ₹745.00 Cr.
When is Anand Rathi Share IPO listing date?
Anand Rathi Share IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.
How does subscription affect Anand Rathi Share IPO allotment?
In Anand Rathi Share IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 21.83x overall, competition is high.
For allotment results from 26 September 2025, visit the Anand Rathi Share IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.
Sources
We match Anand Rathi Share IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.