Anand Rathi Share & Stock Brokers Ltd. has launched its Initial Public Offering (IPO) on September 23, 2025, aiming to raise ₹745 crore through a fresh equity issue. The IPO is priced between ₹393 and ₹414 per share, with a lot size of 36 shares. The offering is open for subscription until September 25, 2025, with the listing scheduled for September 30, 2025, on the NSE and BSE. The funds raised will be utilized for long-term working capital requirements, reducing the promoter's stake from 98% to 69.9%.