Anand Rathi IPO GMP Today: Price, Review, and Subscription Insights

Anand Rathi Share & Stock Brokers Ltd (part of Anand Rathi Group) has launched a ₹745 crore IPO that opened on 23 September 2025. It offers a fresh issue of shares (no offer-for-sale). We see strong market buzz, especially around the grey market premium (GMP) and investor subscription. In this article, we unpack the IPO details, GMP today, financials, strengths & challenges, and subscription trends.