Anand Rathi Share and Stock Brokers files draft papers with Sebi for Rs 745-cr IPO

Anand Rathi Share and Stock Brokers has filed for an IPO to raise Rs 745 crore, aiming to bolster its working capital. The brokerage firm, serving a wide range of clients, saw revenue jump to Rs 682 crore in fiscal 2024, with profits also surging. The IPO comprises fresh equity shares and may include a pre-IPO placement.

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