IPO Market Buzz: Anand Rathi, Seshasaai Tech, Jaro Institute, Solarworld Issues Closing Today

In the sideways market, there is swift succession of IPOs even as the Indian equity market remains volatile, with Nifty 50 delivering a negative 3% to 4% return. Four public issues are drawing strong investor interest and closing subscriptions today: Anand Rathi IPO, Seshasaai Technologies IPO, Jaro Institute IPO, and Solarworld Energy IPO. This resilient IPO activity underlines momentum in the IPO market despite subdued broader market sentiment.

Anand Rathi IPO

Anand Rathi Share & Stock Brokers, a major brokerage and financial services provider, plans to raise Rs 745 crore, entirely through a fresh issue of equity shares. The price band is fixed at Rs 393 to Rs 414 per share, with a minimum investment lot size of 36 shares with a minimum investment of Rs 14,904 considering a upper band price. The Anand Rathi IPO has gathered a total subscription of 2.01 times as of 11:29 A.M on mid of day 3, with retail application at 2.24 times, NII at 4.10 times, and QIB at 0.03 times. The entire proceeds will fund expansion, digital initiatives, and business growth. Anand Rathi IPO’s allotment is expected on September 26, 2025 and the listing is scheduled on BSE and NSE, tentatively on September 30, 2025.

Seshasaai Technologies IPO

The Seshasaai Technologies IPO is closing today with robust demand, recording an oversubscription of 5.44 times as of 11:34 A.M on mid of day 3, thanks to strong retail and NII participation. The price band stands between Rs 402 to Rs 423, with a minimum application lot of 35 shares with a minimum investment of Rs 14,805 considering a upper band price. The company aims to raise Rs 813.07 crore, split between Rs 480 crore of fresh shares and a Rs 333.07 crore offer-for-sale. Fresh issue proceeds will be directed towards technology upgradation, expansion, and strategic acquisitions. Seshasaai Technologies IPO allotment is expected on September 26, 2025 and slated for listing on September 30, 2025, and continues to draw investor optimism due to its BFSI clientele and market position.

Jaro Institute IPO

Jaro Institute of Technology Management & Research IPO, closing today, seeks to mobilize Rs 450 crore which includes Rs 170 crore fresh issue plus Rs 280 crore of offer for sale within a price band of Rs 846 to Rs 890 per share. The minimum retail investment for a lot is 16 shares with a minimum investment of Rs 14,240 based on upper price band. As of the last update, the Jaro Institute IPO is fully subscribed with the retail quota at 3.67 times, following a surge in bids after Day 2 with overall public issue stands nearly 3.77 times subscribed as of 11:39 A.M on mid of day 3. The company will deploy fresh funds into course expansion, technology platforms, marketing, and general corporate use. The allotment is expected on September 26, 2025 and likely listing is on September 30, 2025, at BSE and NSE, with strong GMP indicating double-digit listing gains.

Solarworld Energy IPO

Solarworld Energy Solutions IPO, catering to the solar EPC sector, brings a Rs 490 crore public issue with Rs 440 crore of fresh shares and Rs 50 crore through OFS with an available price band of Rs 333 to Rs 351 per share. With a lot size of 42 shares and an minimum investment of Rs 14,742 considering a upper band price. The IPO has received robust overall subscription of 8.55 times, led by a 23.90x oversubscription in the retail segment as of 11:44 A.M on mid of day 3. Funds raised from this IPO is expected to aid expansion of solar EPC capacity and solar plant installations. Solarworld Energy IPO allotment is set on September 26, 2025 is set to list on September 30, 2025, on both primary exchanges. High demand suggests wide retail confidence in the renewable sector's outlook.

Today’s intense bidding in the Anand Rathi IPO, Seshasaai Technologies IPO, Jaro Institute IPO, and Solarworld Energy IPO amid a sideways market exemplifies undiminished faith in sectoral growth stories. Each offer closes at 5 PM, and final subscription numbers, especially for retail investors, will be keenly watched as listing day approaches.