Angel Broking IPO Detail

Company Profile

  • Angel Broking Limited is one of India’s largest stockbroking house providing broking, margin funding, loan against shares, advisory and financial services.
  • Broking services are offered through:
    • Online Digital Platform & Mobile App
    • Through 11000+ sub-brokers
  • Mobile Apps
    • Angel Broking App
    • Angel BEE App
  • Presence in 1800 Cities and over 110 branches with over 11 Lakh active broking accounts.
  • Member of BSE, NSE, MSEI, NCDEX, MCX.

Company Strength

  Angel Broking is one of the well-known independent full-service retail broking house in India in terms of active clients on NSE as of 2018-19.

  • Advanced technology platforms and digitisation.
  • Strong client base through online and digital platform and sub-broker network
  • Significant market share in the cash and commodity segment
  • Proven a track record of continuous growth and strong financial performance.

Financial Summary (Fig in Cr.)

Revenue244.09    742.78762.65753.66
Expenses192.98  625.82643.77605.85
Profit After Tax (PAT)  38.1886.62 76.69 101.05

Angel Broking IPO Details

IPO Detail
Issue DatesSep 22 – Sep 24, 2020
Issue Size (Fresh Issue)Rs. 300 Cr
Issue Size (Offer for Sale)Rs. 300 Cr
Face ValueRs. 10/- Per Share
Price BandRs. 305 – 306/- Per Share
Min Market Lot49 Shares
Listing PlatformBSE, NSE
Min Investment Amt (Retail)Rs. 14,994/-
Max Investment Amt (Retail)Rs. 194,922/-

Angel Broking IPO Schedule

Offer Start DateSep 22, 2020
Offer End DateSep 24, 2020
Finalisation of basis of allotmentSep 29, 2020
Initiation of RefundsSep 30, 2020
Credit of shares to Demat A/cOct 01, 2020
Listing DateOct 05,2020

Angel Broking IPO Registrar

Link Intime India Pvt Ltd

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (W) Mumbai 400 083 Maharashtra India

Phone: +91-22-4918 6270

Angel Broking IPO Lead Manager(s)

Edelweiss Capital Limited

ICICI Securities Limited

SBI Capital Markets Limited

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