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Open
22 Sep 2020
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Close
24 Sep 2020
3
Allotment
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Listing
Mon, Oct 5, 2020
Price Band
₹305 to ₹306
Issue Size
1,96,07,835 shares (agg. up to ₹600 Cr)
Lot Size
49 Shares
Listing Date
Mon, Oct 5, 2020
Latest GMP
₹-5
Est. Gain
-1.63%
✦ AI Insight
GMP Trend
30-09-2020₹-5Est. ₹301-1.63%
28-09-2020₹8Est. ₹314+2.61%
26-09-2020₹15Est. ₹321+4.9%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.70x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 2,973.10 | 2,159.21 | 2,169.06 | 2,282.87 |
| Total Income | 244.09 | 742.78 | 762.65 | 753.66 |
| Profit After Tax | 38.18 | 86.62 | 76.69 | 101.05 |
| NET Worth | 607.44 | 568.87 | 503.89 | 449.15 |
| Reserves and Surplus | 535.45 | 496.87 | 431.90 | 377.16 |
| Total Borrowing | 671.19 | 487.73 | 866.19 | 1,077.64 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 230.00 |
| 2 | General corporate purposes | 53.17 |
About Angel Broking IPO
Incorporated in 1996, Angel One Ltd is one of India's oldest stockbroking houses providing broking, marging funding, advisory,and financial services through brands "Angel One" and "Angel Bee" powered by "ARQ". They have a strong market presence with active clientele on the National Stock Exchange (NSE) with a market share of around 6.3% and 2.15 million operational broking accounts as of June 2020. It's digital transformation helped it being the 4th Largest comapany in terms of active NSE clients and 2nd largest in terms of incremental NSE clients in Q1 - FY21. Angel One being a pioneer in new client activation has access to approximately 79.55 miliion persons as of June 30, 2020. From Q1 FY20 to Q1 FY21, its average daily turnover has been increased from Rs. 253,176 million to Rs. 618,945 million. Angel One Ltd offers some of the key products and financial services to the clients: 1. Broking and Advisory 2. Margin Trading Facility 3. Investor Education 4. Loans against shares 5. Research Services Competitive Strengths 1. Strong brand name 2. Advanced technology and digitalization 3. Strong client base 4. Pan-India presence 5. Strong financial performance Important LinksThe brokera
Contact Details
Angel Broking Ltd. AddressG-1, Ground Floor, Akruti Trade CentreRoad No.7, MIDCAndheri (East)Mumbai, Maharashtra, 400093+91 22 4000 3600investors@angelbroking.comVisit Website