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: Gemini AI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The initial public offering (IPO) of Anand Rathi Share & Stock Brokers Ltd., which opened for subscription on Tuesday, September 23, received a muted response from investors, as the mainboard issue was booked only 0.41 times on Day 1. Amid the buzz, the unlisted shares have been trading at a premium in the grey market (GMP), suggesting potential listing gains for investors.

The subscription period Anand Rathi Share & Stock Brokers Ltd. IPO will close on September 25. With investor interest building as bidding on Day 2 commences, the grey market premium (GMP)

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