How to Check Anand Rathi Share IPO Allotment Set for September 26?

Anand Rathi Share & Stock Brokers Ltd. is expected to finalise the allotment of its ₹745 crore initial public offering (IPO) on Thursday, September 26. This book-built issue includes a fresh offer of 1.80 crore equity shares, with the bidding window open from September 23 to September 25.

• Refunds Initiation: Monday, September 29
• Shares Credited to Demat Accounts: Monday, September 29
• Tentative Listing Date: Tuesday, September 30, on BSE and NSE

Anand Rathi IPO: Strong Investor Response

Anand Rathi IPO received an overwhelming response, with an overall subscription of 21.70 times. Here’s a breakdown of the investor categories:

• Qualified Institutional Buyers (QIBs): Subscribed 46.25 times for the 35.42 lakh shares allocated, placing bids for over 16.38 crore shares.
• Non-Institutional Investors (NIIs): Oversubscribed 30.10 times.
• Retail Investors: The retail category was subscribed 4.88 times against the 62.08 lakh shares reserved.
• Employees: Bidding under the employee quota reached 2.65 times for the 2.57 lakh shares available.

In total, investors bid for 27.49 crore shares compared to the 1.26 crore shares offered, signaling high market interest. The price band for the IPO was set at ₹393 to ₹414 per share.

How to Check Anand Rathi IPO Allotment Status?

You can check your allotment status using any of the following methods:

Through BSE (Bombay Stock Exchange):

• Visit: BSE IPO Allotment Page
• Select "Equity" as issue type
• Choose "Anand Rathi Share & Stock Brokers Ltd." from the dropdown
• Enter your Application Number or PAN
• Complete the CAPTCHA and click "Search"

Through NSE (National Stock Exchange):

• Visit: NSE IPO Bids Check Page
• Click on "Equity & SME IPO bid details"
• Select the company name from the dropdown
• Enter your PAN and Application Number
• Click "Submit" to view allotment details

Via Registrar MUFG Intime India Pvt. Ltd.:

• Visit: MUFG IPO Allotment Portal
• Select "Anand Rathi Share & Stock Brokers Ltd." from the company dropdown
• Choose your preferred mode of verification: PAN, Application Number, DP/Client ID, or Bank Account details
• Enter the required credentials and click "Submit"

Also Read: RKCPL Limited Files ₹1,250 Crore IPO With Strong Order Book Of ₹2,617 Crore

About Anand Rathi Share & Stock Brokers Ltd.

Founded in 1994, Anand Rathi Share & Stock Brokers Ltd. is one of India’s leading financial services firms, offering a wide array of investment and brokerage services. Its portfolio includes equity and commodity trading, derivatives, mutual fund investments, portfolio management, and wealth advisory services.

The company operates in over 350 locations across India and also maintains an international presence. It serves a diverse clientele ranging from retail investors and high-net-worth individuals (HNIs) to institutional investors, making it a significant player in the Indian financial ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.