The Latest Breaking News from Anand Rathi

Moneyview IPO Day 3: GMP signals 41% listing premium, issue subscription reaches 31x. Should you apply?

The Moneyview IPO was subscribed 31.03 times on the final day of bidding, led by strong NII demand. The IPO’s GMP stood at Rs 14, or 41%, implying an estimated listing price of Rs 48. The Rs 1,091.68 crore issue comprises a Rs 750 crore fresh issue and Rs 341.68…

The Economic Times · 5h ago

ArMee Infotech IPO Day 3: Issue sees 2.44x subscription; GMP at 5%

ArMee Infotech is currently offering its IPO, with a subscription period ending on September 25, 2026. The offer has been subscribed 2.44 times, indicating significant investor interest as of now. The company plans to allocate the IPO proceeds primarily for business expansion and working capital needs. Analysts suggest a long-term…

The Economic Times · Sep 25

Moneyview IPO enters Day 2: Subscription reaches 1.4x, GMP signals 38% potential listing gain; should you bid?

The Rs 1,091.68-crore Moneyview IPO comprises a fresh issue of 22.06 crore shares aggregating to Rs 750 crore and an offer for sale (OFS) of 10.05 crore shares worth Rs 341.68 crore.

The Economic Times · Sep 25

Prasol Chemicals IPO Day 2: GMP, subscription status. Should you subscribe?

Prasol Chemicals IPO saw 72% subscription by Day 2, with retail investors showing strong interest. The grey market premium remains modest at around 4%, suggesting limited listing gains. The company plans to use IPO proceeds for debt repayment and general corporate purposes. Prasol Chemicals reported a 22% income increase and…

The Economic Times · Sep 9

Glass Wall Systems IPO Day 2: Issue subscribed 8 times, GMP at 31%. Should you subscribe?

The Glass Wall Systems IPO is experiencing robust investor demand on its second day. Its grey market premium indicates anticipation of a strong market debut. The company plans to use IPO proceeds for a new glass processing unit. Financials show significant growth in income and profit for fiscal year twenty…

The Economic Times · Sep 9

Prasol Chemicals IPO opens for bidding. Check GMP and other key details

The Prasol Chemicals IPO opened for subscription on September 8 and will remain open until September 10. The Rs 500 crore issue comprises a fresh issue of Rs 80 crore and an OFS of Rs 420 crore. Priced at Rs 643-Rs 676 per share, the IPO has a lot size…

The Economic Times · Sep 8

FCNRB deposits: Why bank investors should watch RoE, not just NIM

FCNR(B) deposits could boost banks’ return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions from reserve requirements, capital-efficient lending and longer tenors could improve returns. The brokerage analysed four scenarios, including deposit costs, leverage and rising rates, to assess the scheme’s benefits.

The Economic Times · Sep 3

ESDS Software Solution IPO Day 3: GMP indicates 74% premium; issue subscribed 18.34x. Should you bid?

ESDS Software Solutions IPO entered its final bidding day on September 1, with the issue subscribed 18.34 times by Day 2. Retail investors subscribed 14.61 times, while the IPO’s grey market premium stood at around 74%, signalling expectations of a strong listing. The Rs 720-crore issue, priced at Rs 408–429…

The Economic Times · Sep 1

Priority Jewels IPO Day 3: GMP hints at 23% listing gain, issue subscribed 21 times. Should you subscribe?

Priority Jewels IPO entered its final day of bidding with the issue subscribed 21.23 times on Day 2, led by strong retail and NII demand. The IPO is also commanding a 23% GMP, indicating expectations of a potentially healthy listing gain, while Anand Rathi has assigned a “Subscribe for Long…

The Economic Times · Sep 1

Priority Jewels IPO Day 2: Issue book over 29 times so far, GMP signals 23% listing gain. Should you subscribe?

Priority Jewels IPO saw strong subscription numbers on its second day. Retail and non-institutional investors showed significant interest in the offering. The company's grey market premium indicates potential listing gains for investors. Priority Jewels reported robust financial performance with increased income and profitability. The company plans to use IPO proceeds…

The Economic Times · Aug 31