Anand Rathi Share IPO GMP In Focus Today — Check Latest Grey Market Trends On Second Day Of Subscription

Anand Rathi Share IPO: Anand Rathi Share and Stock Brokers Limited (ARSSBL) has launched its Rs 745-crore initial public offering (IPO) on Tuesday, September 23, 2025. The issue will close on Thursday, September 25. The company has set a price band of Rs 393–414 per equity share with a face value of Rs 5. Investors can bid for a minimum of 36 shares and in multiples thereafter.

Around 1:00 pm on Day 1, the issue was subscribed 20 per cent. Investors put bids for 26,90,568 equity shares against the equity shares of 1,33,63,342 on offer.

This is Anand Rathi Group’s second IPO after Anand Rathi Wealth Ltd, whose IPO came in 2021. Anand Rathi Wealth IPO has delivered a massive 800 per cent return in the past three years as per BSE analytics.