Anand Rathi Share and Stock Brokers IPO subscribed 40% on day one

Anand Rathi Share and Stock Brokers Ltd’s IPO received 40% subscription on the first day of bidding, with bids for 54,09,144 shares against 1,33,63,342 shares. The RII and non-institutional investors category saw 53% subscription, while the QIB category saw 1% subscription. The broking firm raised over Rs 220 crore from anchor investors and the IPO […]