Anand Rathi Shares Debut with Premium Listing

Anand Rathi Share & Stock Brokers listed at Rs 432 on NSE, a 4.35% premium over its IPO price of Rs 414, later rising to Rs 446.85. Its Rs 745-crore IPO was subscribed 20.66 times, led by strong QIB and NII demand. Proceeds will fund working capital and general corporate needs.