ANANDRATHI

🏦 About Anand Rathi Group & Businesses

🏦 About Anand Rathi Group & Businesses Anand Rathi is a diversified financial services group in India. Their services span stock broking, wealth management, investment banking, commodities broking, capital market lending, and more. The group is known for having a large branch network across India and a significant client base. Anand Rathi Wealth Ltd is a key arm, focused on wealth solutions for high net worth and ultra high net worth clients. The group is also preparing the brokerage arm—Anand Rathi Share & Stock Brokers Ltd—to enter the public markets via IPO. 📈 Recent News & Updates Anand Rathi Wealth reported strong Q1 FY26 results: net profit rose ~28% year-on-year, and revenue increased ~16%. The group’s brokerage arm is launching an IPO of ₹745 crore via a fresh equity issue (no offer-for-sale). The IPO price band is ₹393–₹414 per share, and it’s expected to list around September 30, 2025. The issue has drawn significant investor interest; it was oversubscribed by many times across institutional, non-institutional, and retail categories. Ahead of the IPO, the company allocated shares to anchor investors (about ₹220-230 crore). The promoter’s stake will dilute from ~98% to ~69.9% after the IPO. Anand Rathi, through its brokerage arm, has also initiated coverage on some solar / renewable energy stocks, giving “Buy” ratings with upside targets. The group’s equity research team remains bullish on sectors like IT, saying current valuations are attractive.