India's Anand Rathi Share and Stock Brokers surges in trading debut

Anand Rathi Share and Stock Brokers

30/09/2025 08:06

** Shares of Anand Rathi Share and Stock Brokers ANAH.NS jump 9% to 451.25 rupees in their trading debut

** Anand Rathi group's stock broking arm was 4.4% higher in pre-open trade, valuing co at 27.1 billion rupees (around $305 million)

** ANAH issued new shares worth 7.45 billion rupees in its IPO, with proceeds to be utilised for funding long-term capital requirements

** ANAH IPO was subscribed 20.66x, with demand led by institutional buyers

** Analysts highlighted steady growth in revenue, profits and client base as key strengths

** Of four stocks that debuted on Tuesday, only ANAH trading higher

($1 = 88.7800 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))