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Angel Broking Limited IPO

Angel Broking Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 275.00 (-10.13%)

Following its successful public offering, Angel Broking Limited's made its market debut on 05-10-2020 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 1,96,07,835 Shares in total capital, including 98,03,921 Shares in primary equity infusion and ₹300.00 Cr in secondary share sales.

The offering was structured with a price band of ₹305 to ₹306 and minimum investment lots of 49 shares. Investor participation during the subscription window from 22-09-2020 to 24-09-2020 demonstrated market confidence in the company's prospects.

The allotment process concluded on 30-09-2020, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Angel Broking IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Angel Broking IPO Key Performance Indicator
Company Financials ( in Lakhs )

Angel Broking IPO About Company

Founded in 1996, Angel One Ltd is among India’s oldest and most trusted stockbroking firms, offering a wide range of financial services such as broking, margin funding, investment advisory, and research through its brands Angel One and Angel Bee, supported by its AI-based tool ARQ. The company has built a strong market presence, holding a 6.3% share on the NSE and managing 2.15 million active broking accounts as of June 2020, with digital transformation playing a major role in its growth. This shift helped Angel One become the fourth-largest broker by active NSE clients and the second-largest in new client additions in Q1 FY21, while reaching access to nearly 79.55 million potential investors by June 2020. Reflecting its rapid expansion and growing investor participation, the company’s average daily trading turnover increased sharply from ₹253,176 million in Q1 FY20 to ₹618,945 million in Q1 FY21.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Angel Broking IPO Strength Factors

  1. Well-Established Brand: Trusted name in the financial sector with years of experience.
  2. Advanced Technology: Digital-first approach for seamless and efficient trading.
  3. Expanding Client Base: Millions of active investors across India.
  4. Widespread Reach: Strong presence across the country for easy accessibility.
  5. Consistent Growth: Strong financial performance and continuous expansion.

Angel Broking IPO Risk Factors

NA


Angel Broking IPO Lead Manager(s)

  • Edelweiss Capital Limited
  • ICICI Securities Limited
  • SBI Capital Markets Limited

Angel Broking IPO Promoter(s)

  1. Dinesh D. Thakka
  2. Ashok D. Thakkar
  3. Sunita A. Magnani

Angel Broking IPO Company Details

Angel Broking Limited
Phone:
address:

Angel Broking IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Angel Broking IPO FAQs