Anand Rathi Share
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 30 Sept 2025 | ₹29 | +7.00% | ₹800 | ₹443 | ₹1,044 |
| 29 Sept 2025 | ₹31 | +7.49% | ₹800 | ₹445 | ₹1,116 |
| 28 Sept 2025 | ₹32 | +7.73% | ₹900 | ₹446 | ₹1,152 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- Listing date
- 30 Sept 2025
- Face value
- ₹5 per share
- Issue price
- ₹414 per share
- Lot size
- 36 shares
- Total issue size
- ₹746 Cr
- Market cap at offer price
- ₹2,596 Cr
- Promoter holding
- 98.06% → 69.90% pre-issue → post-issue
- ISIN
- INE549H01021
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- Nuvama Wealth Management Ltd.
- Registered office
- Express Zone, A Wing, 10th Foor, Western Express Highway, Goregaon (East), Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 53,26,086 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 36 shares per lot, in multiples, at ₹414
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 36 | ₹14,904 |
| Retail (max) | 13 | 468 | ₹1,93,752 |
| S-HNI (min) | 14 | 504 | ₹2,08,656 |
| S-HNI (max) | 67 | 2,412 | ₹9,98,568 |
| B-HNI (min) | 68 | 2,448 | ₹10,13,472 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹414 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 23.17 | 16.52 |
| P/E (×) | 17.87 | 25.06 |
| Price to book (×) | 4.68 | — |
| Market cap | — | ₹2,596 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 23.12%
- ROCE
- 21.32%
- Debt / equity
- 1.80
- PAT margin
- 12.23%
- EBITDA margin
- 36.81%
- NAV per share
- ₹113.57
- Price to book
- 4.68
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.