According to NSE data, Anand Rathi share IPO was subscribed 20.66 times, receiving bids for 276.08 million shares against 13.36 million shares on offer. The demand was led by Qualified Institutional Buyers (QIBs), who subscribed to their reserved portion 43.8 times, followed by Non-Institutional Investors at 28.6 times. The portion reserved for retail investors was subscribed 4.78 times.
Once the allotment is finalised, investors can check their status on the official websites of the NSE, BSE and MUFG Intime India, the registrar of the issue.