As per the … Member of BSE, NSE, MSEI, NCDEX, MCX. 1. As per the less response we might have the listing below the IPO price. The IPO will … Tel: (022)42319600 .Fax: (022) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn. It is launching a Rs 600 crore public issue which values the brokerage around Rs 2500 crores (post-money at issue price). This Angel Broking IPO Report is going to cover any questions that you may have about the initial public offering, Angel Broking IPO date, price, allotment, listing date, etc. Established in 1996, Angel Broking’s name is synonymous with traditional brokerage houses. (i) Margin Trading Facility- They provide margin trading facility to its clients for leveraging their eligible collaterals by funding their requirements on the cash delivery segment of equities. The Net Proceeds from the fresh Issue will be utilized towards the following objects: (ii) Vinay Agrawal is a Whole Time Director and Chief Executive Officer of the Company. Apply for Angel Broking IPO - Get all the details of Angel Broking IPO open date, issue price, issue size, close date and how to apply online for Angel Broking IPO with 5paisa. Angel Broking enjoys a strong market presence with a market share of around 6.3% and 2.15 million operational broking … Angel Broking’s shares witnessed a lacklustre listing on Monday as the stocks were listed at Rs 275 per share and moved 3% higher to trade at Rs 284 apiece, minutes after opening. (i) Dinesh D. Thakkar is the Chairman and Managing Director of the Company. Angel Broking IPO subscribed 3.94x times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall. Kalyan Jewellers IPO details: Know launch date, price, allotment & more at Angel Broking. (i) They have more than 4.39 million downloads of the Angel Broking mobile application. With the introduction of Digital Technologies, Angel Broking launched a mobile app, introduced UPI and e-KYC services for its customers. 618,945 million in Q1 FY21, Access to approximately 79.55 million persons as of June 30, 2020 through digital influencers, Pioneer in new client activation, with the ‘Trade in One Hour’ service facilitating client activation in record time. Already an existing customer? Angel Broking IPO: Angel Broking Limited will open the Initial Public Offer (IPO) of equity shares of face value of Rs 10 each on 22nd September 2020. Angel Broking IPO Valuations. *IPO Listing Update:* Angel Broking Limited IPO will be listed on Monday, 5th October 2020. We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. 300 crore and an offer for sale (OFS) of up to Rs. Angel Broking shares list at a discount as compared to issue price 1 min read. (iii) Investor Education: The website, www.angelbroking.com, is also a knowledge center that aims to empower investors, including our clients, with an understanding with respect to trading and investment products. 7, MIDC, Andheri (E), Mumbai - 400 093. Incorporated in the year 1996, Angel Broking is one of India’s oldest retail brokerage houses. Angel Broking has fixed a price band of ₹305-306 per share. After the Chemcon IPO that got fully subscribed within two hours on Monday, brokerage firm Angel Broking is all set to hit Dalal Street on Tuesday, 22 September.. Ms. Sunita A. Magnani. Please note that by submitting the above mentioned details, you are authorizing us to Call/SMS you even though you may be registered under DND. : INH000000164, Investment Adviser SEBI Regn. Angel Broking's Rs 600 crore IPO closes for bidding at 5:00 pm today i.e. 132,540 million in client assets and over 2.15 million operational broking accounts, Diversified product offerings across multiple segments at competitive prices, Winner of various awards including the Best Performing Retail Member award for three consecutive years at the Market Achievers Awards organized by - Login Now! The company’s market valuation was at Rs 2,390.98 crore on BSE. A lot of litigation and criminal charges pending against the promoters and group companies. Earnings Per Share (EPS) = Rs 11.44 PE Ratio = To be Updated . Second wave of Corona is around the corner. 306/- per share* Within minutes after listing, the shares of Angel Broking gained nearly 5% of their value … 19607842 Equity Shares of ₹10 (aggregating up to ₹600.00 crore) Stock brokerage firm Angel Broking's initial public offer (IPO) will open on September 22 and close on September 24. (iii) Loans against shares: Through its Subsidiary, AFPL, which is registered as an NBFC, they provide loans against shares to the retail clients. ICICI Securities is trading at a P/E of 24x and Angel Broking is asking a P/E of 30x, which does not look fair. : ARN–77404, PFRDA Registration No.19092018.Compliance officer: Mr. Rajiv Kejriwal, Tel: (022) 39413940 Email: [email protected]. We are a technology led financial services company, that provides broking and advisory services, margin funding, loans against shares... Know more about us, ‘Investments in securities market are subject to market risk, read all the related documents carefully before You can check the financials of the company from the prospectus below: Issue Type. Here is the full information related to the IPO of Angel broking. (i) Research Services: As of June 30, 2020, they have a dedicated research team of 54 members who cater to quantitative and qualitative research requirements relating to the stock market such as equity fundamentals, technical, derivatives, commodities currencies, and mutual funds. Book Built Issue IPO. The broking services contribute around 72% of the total income of Angel broking and rest 28% from other services. Company: *Angel Broking Limited* Listing Date: *Monday, 5th October 2020* Symbol: *ANGELBRKG* BSE Script Code: *543235* ISIN No. Angel Broking IPO is a public issue of 13770491 equity shares. The Indian stockbroker firm Angel Broking is also ready to float its ₹600 crore IPO from September 22 onwards. 300 crore by 2 promoters, IFC and 14 individual shareholders in the price band of Rs. Angel Broking on Friday said its Rs 600 crore IPO will open for subscription on September 22. The price band of the Offer has been fixed at Rs 305 to Rs 306 per Equity Share. Angel Broking FAQs General corporate purposes. The Offer will close on 24 th September 2020. Check out Angel Broking IPO allotment status online. Angel Broking IPO Shares Offered. Angel Broking IPO Review| Angel Broking IPO opens from 22nd Sep - 24th Sep at a price band of Rs 305-306 in a multiple of 49 shares. He has over 18 years of experience in the broking industry. No. Angel Broking IPO price – Is it reasonably priced? Issue Size. The company is expected to raise Rs 600 crore through an IPO. The price for the issue has been set at Rs 305 - Rs 306 Per Equity Share … The initial public offer (IPO) of Angel Broking, one of the largest retail broking houses in India, will close on September 24. He has over 25 years of experience in the broking industry. The customer outreach spans across approximately 96.87% or 18,649 pin codes in India as of June 30, 2020. 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