Anand Rathi Share & Stock Brokers Ltd. has launched its initial public offering to raise Rs 745 crore through fresh issue of shares on Tuesday. (Photo source: Grok) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Anand Rathi Share & Stock Brokers Ltd. has launched its initial public offering to raise Rs 745 crore through fresh issue of shares on Tuesday. The price band for the IPO is set between Rs 393 and Rs 414 per share.

The IPO comprises only of fresh issue worth Rs 745 crore. The face value of the equity share is Rs 5 each.

To participate in the IPO, retail investors need to bid for a single lot size of 36 shares, requiring an investment of Rs 14,904, Small Non-Institutional Investors need to bid for 14 lots, amounting to an investment of Rs 2.09 lakh. Big Non-Insti

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