Anand Rathi Shares & Stock Brokers is scheduled to finalize the basis of allotment of its shares on Friday, September 26. Bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate either over the weekend or latest by Monday, September 29. The broking and financial services saw a decent response from the investors Advertisement

The IPO of Anand Rathi Shares & Stock Brokers ran for subscription between September 23 and September 25. It had offered its shares in the price band of Rs 393-414 per share with a lot size of 36 shares. It raised a total of Rs 745 crore from its IPO, which was entirely a fresh share sale of 1,79,95,169 equity shares.

The issue was overall subscribed 20.66 times, getting over 7.95 lakh applications and bids close

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