Comparison between Anand Rathi Share IPO and GSP Crop Science IPO.
Anand Rathi Share IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while GSP Crop Science IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Anand Rathi Share IPO is up to ₹745.64 Cr whereas the issue size of the GSP Crop Science IPO is up to ₹400.00 Cr. The final issue price of Anand Rathi Share IPO is ₹414.00 per share and of GSP Crop Science IPO is ₹320.00 per share.
| Anand Rathi Share IPO | GSP Crop Science IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹393.00 per share | ₹304.00 per share |
| Issue Price (Upper) | ₹414.00 per share | ₹320.00 per share |
| Issue Price (Final) | ₹414.00 per share | ₹320.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹25.00 per share | |
| Market Lot Size | 36 shares | 46 shares |
| Fresh Issue Size | 1,80,10,692 shares | 75,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹745.64 Cr | up to ₹240.00 Cr |
| OFS Issue Size | 0 shares | 50,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹160.00 Cr |
| Issue Size Total | 1,80,10,692 shares | 1,25,00,000 shares |
| Issue Size Total (Amount) | up to ₹745.64 Cr | up to ₹400.00 Cr |
Anand Rathi Share IPO opens on Sep 23, 2025, while GSP Crop Science IPO opens on Mar 16, 2026. The closing date of Anand Rathi Share IPO and GSP Crop Science IPO is Sep 25, 2025, and Mar 18, 2026, respectively.
| Anand Rathi Share IPO | GSP Crop Science IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Mar 13, 2026 |
| Issue Open | Sep 23, 2025 | Mar 16, 2026 |
| Issue Close | Sep 25, 2025 | Mar 18, 2026 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Mar 20, 2026 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Mar 23, 2026 |
| Credit of Share (Tentative) | Sep 29, 2025 | Mar 23, 2026 |
| Listing date (Tentative) | Sep 30, 2025 | Mar 24, 2026 |
| Anchor Lockin End date 1 | Oct 25, 2025 | Apr 19, 2026 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Jun 18, 2026 |
Anand Rathi Share IPO P/E ratio is 17.87, as compared to GSP Crop Science IPO P/E ratio of 15.34.
| Anand Rathi Share IPO | GSP Crop Science IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Anand Rathi Share & Stock Brokers Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
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| Promoter Shareholding (Pre-Issue) | 98.06 | 98.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.9 | 71.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.87 | 15.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2596.18 Cr. | ₹1488.60 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.12% | 18.38% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.32% | 19.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.80 | 0.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹23.17 | ₹20.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Anand Rathi Share IPO Retail Individual Investors (RII) are offered 62,13,769 shares while in GSP Crop Science IPO retail investors are offered 62,13,769 shares. Qualified Institutional Buyers (QIB) are offered 35,50,724 shares in Anand Rathi Share IPO and 25,00,000 shares in GSP Crop Science IPO.
| Anand Rathi Share IPO | GSP Crop Science IPO | |
|---|---|---|
| Anchor Investor Reservation | 53,26,086 shares | 37,50,000 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 35,50,724 shares | 25,00,000 shares |
| NII | 26,63,044 shares | 18,75,000 shares |
| RII | 62,13,769 shares | 43,75,000 shares |
| Employee | 2,57,069 shares | 0 shares |
| Others | ||
| Total | 1,80,10,692 shares | 1,25,00,000 shares |
Anand Rathi Share IPO subscribed 21.83x in total, whereas GSP Crop Science IPO subscribed 1.64x.
| Anand Rathi Share IPO | GSP Crop Science IPO | |
|---|---|---|
| QIB (times) | 46.25x | 2.66x |
| NII (times) | 30.16x | 3.14x |
| Big NII (times) | 32.01x | 4.11x |
| Small NII (times) | 26.45x | 1.20x |
| RII (times) | 5.11x | 0.42x |
| Employee (times) | 2.70x | |
| Other (times) | ||
| Total (times) | 21.83x | 1.64x |
