Anand Rathi Share & Stock Brokers Ltd. IPO

We are an established full-service brokerage house in India with over 30 years of experience. We provide broking services, margin trading facility and distribution of financial products under the brand ‘Anand Rathi’ to a diverse set of clients across retail, high net worth ... individuals, ultra-high net worth individuals and institutions. the investment offerings span across a wide array of asset classes like equity, derivatives, commodities, and currency markets. While the client base is spread across various age demographics, 186,859 of the Active Clients, representing 84.36% of the Active Clients, were above 30 years of age as on March 31, 2025. the 3 decades of track record, comprehensive product offerings, and focus on serving this key demographic, positions us for continued growth. We are a part of the Anand Rathi group which carries out a diverse range of financial services business through its group companies. Read more

Unless otherwise indicated, industry and market data used in this section has been derived from industry report titled ‘Broking Industry in India’dated August 25, 2025, prepared and issued by CARE, prepared by CARE which has been commissioned and paid for by the Company in connection ... with the Issue. CARE was appointed by the Company and is not connected to the Company, the Directors, and the Promoters. A copy of the CARE Report is available on the website of the Company at www.anandrathi.com/investors. Unless otherwise indicated, all financial, operational, industry and other related information derived from the CARE Report and included herein with respect to any particular year, refers to such information for the relevant calendar year. There are no parts, data, or information (which may be relevant for the proposed Issue), that has been left out or changed in any manner. The CARE Report has also been included in ‘Material Contracts and Documents for Inspection - Material Documents’ on page 486. The data used in the industry stheces and publication involves risks, uncertainties and numerous assumptions and is subject to change based on various factors, including those discussed in the ‘Risk Factors’ on page 35. Accordingly, investors should not place undue reliance on, or base their investment decision on this information. Industry stheces and publications may also base their information on estimates, projections, forecasts, and assumptions that may prove to be incorrect. Accordingly, investors must rely on their independent examination of, and should not place undue reliance on, or base their investment decision solely on this information. The investors should not construe any of the contents set out in this section as advice relating to business, financial, legal, taxation or investment matters and are advised to consult their own business, financial, legal, taxation, and other advisors concerning the transaction. Read more