Anand Rathi, a well-established Indian brokerage house with over 30 years of experience, provides comprehensive financial services under its brand. The company offers a wide range of investment products spanning across equities, derivatives, commodities, and currency markets to a diverse client base, including retail investors, high-net-worth individuals, and institutions. As of March 31, 2025, a significant majority of its active clients (over 84%) were above 30 years of age, a key demographic that the company focuses on with its personalized services and broad product offerings.

Anand Rathi maintains a strong presence across India through a multi-channel network of 90 branches and 1,125 authorized agents in various cities, along with robust online and digital platforms. The firm’s services are categorized into three main areas: broking services, a margin trading facility, and the distribution of third-party financial products like mutual funds and bonds. The company’s focus on a personalized client-centric approach and high-quality research recommendations has resulted in the highest average revenue per client among its peers. This, combined with strong financial growth—with revenue from operations growing at a CAGR of 34.45% and profit after tax at a CAGR of 65.68% between fiscal years 2023 and 2025—positions Anand Rathi for continued success.

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• Strong Client Focus and High Revenue: The Company achieves a high average revenue per client (ARPC) by strategically using its Margin Trading Facility (MTF) to enable clients to leverage investments, enhancing their trading power and potential returns.
• Diversified Offerings and Pan-India Reach: As a full-service brokerage house, it provides a wide array of financial services and products across multiple asset classes, supported by a strong pan-India presence of branches and digital platforms.
• Brand Legacy and Experienced Leadership: An established brand with over three decades of legacy, the company is backed by experienced promoters and a strong management team, ensuring trust and stability for clients and investors.
• Consistent Financial Growth: The firm has a strong track record of financial performance, with consistent growth in both revenue from operations and profit after tax between Fiscal 2023 and 2025.

The Company ANAND RATHI SHARE AND STOCK BROKERS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Funding long-term working capital requirements of the Company (₹ 550 Cr.)

General Corporate purposes

At the upper band of IPO ₹ 414, the stock is valued at 25.06 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.