Anand Rathi Share and Stock Brokers IPO allotment today: Steps to check allotment status, direct links, latest GMP

Anand Rathi Share and Stock Brokers IPO

The share allotments for Anand Rathi Share and Stock Brokers IPO will likely be finalised by today, September 26. IPO applicants can check their allotment status on BSE and NSE, as well as the official site of its registrar.

The Rs 745-crore maiden public issue of the broking firm saw strong investor interest during its three days of public bidding, being subscribed nearly 21 times between September 23 and September 25.

Anand Rathi Share and Stock Brokers IPO GMP:

Ahead of listing, the unlisted shares of Anand Rathi Share and Stock Brokers were trading with more than 9 percent grey market premium (GMP) over the IPO price, according to data on Investorgain. This is higher than the 6 percent GMP quoted by the site during the weekend, but lower than the 17 percent quoted last week.

According to IPO Watch, the unlisted shares of the company were trading with 8.45 percent GMP over the IPO price.

IPO applicants can check their Anand Rathi Share and Stock Brokers IPO allotment status on the official website of the registrar, MUFG Intime India. The status will also be available on the websites of stock exchanges BSE and NSE.

Anand Rathi Share and Stock Brokers IPO: How to check allotment status on MUFG Intime India?

• Step 1: Open the link to the official registrar of the issue on this URL: (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
• Step 2: Select the company from the dropdown menu.
• Step 3: Filling in details like PAN, application number or DP client ID.
• Step 4: Press the 'Submit' button
• Step 5: Your allotment status will be shown in the window.

• Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
• Step 2: Select the company 'Anand Rathi Share and Stock Brokers' by selecting Equity & SME IPO bid details.
• Step 3: Fill in the necessary details like IPO Application number or PAN details after selecting the company symbol.
• Step 4: Press the 'Submit' button
• Step 5: The allotment status will be shown in the window.

• Step 1: Open the website of Bombay Stock Exchange (BSE).
• Step 2: Click on 'Investors' option.
• Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
• Step 4: Click on 'Application Status Check'.
• Step 5: Select Equity in the issue type.
• Step 6: Fill in the required details including the 'Issue Name'.
• Step 7: Enter PAN number and click on 'Search' to view the status.

The company plans to utilise Rs 550 crore of the net IPO proceeds mainly for its long-term working capital requirements, and will keep the remaining amount for general corporate purposes.

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