IPO Details: Anand Rathi Share and Stock Brokers refiled its Rs 745 crore IPO DRHP with SEBI, consisting entirely of a fresh issue. A Pre-IPO placement of up to Rs 149 crore may be considered.
Financial Performance: Revenue grew 45.74% to Rs 681.79 crore in FY24, while profit after tax surged 104.77% to Rs 77.29 crore.
Business Strength: A full-service brokerage with 30+ years of experience, serving diverse clients across 90 branches, 333 cities, and digital platforms.
Growth Strategy: Funds will support working capital needs, with continued investment in digital platforms and client engagement for long-term expansion.
Comments
Post a Comment