Anand Rathi Share & Stock Brokers Ltd Company Summary

Anand Rathi Share and Stock Brokers Limited was originally incorporated as Navratan Capital and Securities Private Limited, at Mumbai as a Private Limited Company on November 22, 1991. The Company got converted into a Public Limited Company and the name of the Company was changed to Navratan Capital and Securities Limited. A fresh Certificate of Incorporation was issued by the RoC on March 21, 2007.

Subsequently, the name was changed from Navratan Capital and Securities Limited to Anand Rathi Share and Stock Brokers Limited dated January 29, 2008 issued by the RoC to the Company.The Company is an established full-service brokerage house in India, which 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. It categorise services as broking services; margin trading facility; and distribution of investment products.The Company was registered as a Depository Participant with NSDL in year 2000 and further with SEBI as a Clearing Member of NSE. In 2003, it registered as Association of Mutual Funds of India (AMFI) Registered Mutual Fund Advisor with Association of Mutual Funds in India in 2003.

The Company obtained the membership of BSE Limited in 2005. In 2008, it commenced currency derivatives broking, thereafter, started providing margin trade facility in 2017; commenced commodity broking business in 2018; commenced distribution of portfolio management services (PMS) in 2020; commenced providing algorithmic trading services in 2022 and was designated as a Qualified Stock Broker by SEBI in 2023. The Company is a a part of the Anand Rathi Group which carries out a diverse range of financial services business through its group companies.

The broking services cater to a diverse set of clients i.e., retail, high net worth individuals, ultra-high net worth individuals and institutions across a wide array of asset classes like equity, derivatives, commodities, and currency markets. Company offer broking services through (i) own branches; (ii) Authorised Persons; and (iii) online and digital platform, and assist our clients to trade in equities in cash-delivery, cash-intraday, futures and options, commodity and currency segments. The broking services are focused on cash-delivery and cash-intra-day trading.

It also provide algorithmic trading services to automate the trades in line with strategies of clients.In addition, Company also assist client in subscribing to initial public offering of equity shares of companies and also provide securities lending and borrowing services.Secondly, Company provide margin trading facility to enable clients to leverage their eligible collaterals, by funding their trading requirements in the equity cash delivery segment. The amount of funding available under margin trading facility is determined by the margin requirements set by stock exchanges, with the margin representing a portion of total trade value that client must maintain with the broker. Thirdly, it provide distribution of third party financial products such as schemes of mutual funds, alternative investment funds, structured products, corporate fixed deposits, non-convertible debentures and bonds, and distribution of portfolio management services through its relationship management team and digital platforms.The Company is planning an Initial Public Offer by raising funds aggregating upto Rs 745 Crore Equity Shares through Fresh Issue.