The Angel Broking IPO subscription will close on 24th September 2020. Angel Broking will open its initial public offer (IPO ) of equity shares on September 22. 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. *IPO Listing Update:* Angel Broking Limited IPO will be listed on Monday, 5th October 2020. Risky. Angel Broking has fixed a price band of ₹305-306 per share. (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. BSE Listing Circular: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20201001-29, avoid. Global markets are down. After the Chemcon IPO that got fully subscribed within two hours on Monday, brokerage firm Angel Broking is all set to hit Dalal … The Angel Broking IPO subscription will close on 24th September 2020. ... Rs 10 per equity share: IPO Price: Rs 305 to Rs 306 per equity share: Market Lot: 49 Shares: Min Order Quantity: 49 Shares: Listing At: BSE, NSE: Angel Broking IPO Tentative Date. Angel Broking shares list at 10% discount against IPO issue price At NSE, it plunged 10.13% to Rs 275 in debut trade. investing. MOIL announced that the Board of Directors of the Company at its meeting held on... Summary of financial Information (Restated), Our Company is one of the largest independent full-service retail broking house in India in terms of active clients on NSE as of 2018-19. Focused digital marketing strategies has enabled Angel Broking to increase its market share in incremental Demat accounts from 4.2% in FY18 to 14.7% in Q1FY21. (ii) Nearly 1 million downloads of Angel BEE mobile application as of June 30, 2020, which enable the clients to avail services digitally. Angel Broking IPO is a public issue of 13770491 equity shares. Angel Broking IPO will open on 22 September 2020 and close for subscription on 24 September 2020. Second wave of Corona is around the corner. Angel Broking IPO Review, Dates, Price Bands, Market Lot, Angel Broking IPO Grey Market Price Details. 300 crore by 2 promoters, IFC and 14 individual shareholders in the price band of Rs. 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. Angel Broking IPO is a public issue of 13770491 equity shares. Equity Shares outstanding prior to the Issue = 7,19,95,003 Shares Fresh Issue of 98,03,921 Shares @275/- = … Tel: (022)42319600 .Fax: (022) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn. Launching on September 22, 2020, the Angel Broking IPO is one of the most anticipated IPOs of 2020. You can check Angel Broking allotment with … Angel Broking FAQs : INP000001546, Research Analyst SEBI Regn. Angel Broking IPO To Open On Tuesday; Price Band Fixed At Rs 305-306 Per Share Investors who want to buy shares of Angel Broking in IPO can … Fresh Issue (300 Crores) Angel Broking's Rs 600 crore IPO closes for bidding at 5:00 pm today i.e. General corporate purposes. It is launching a Rs 600 crore public issue which values the brokerage around Rs 2500 crores (post-money at issue price). : *INE732I01013* Exchange: *BSE & NSE* Issue Price: *Rs. Shares of ICICI Securities are currently trading at Rs 467 compared to IPO price of Rs 520 per share. 10 each up to Rs. Angel Broking IPO Details. : *INE732I01013* Exchange: *BSE & NSE* Issue Price: *Rs. Ms. Sunita A. Magnani. Other than CAMS and Chemcon Specialty IPO, there is another IPO set for launch by a brokerage house Angel Broking. Angel Broking Ltd is entering in the capital market with an IPO of [.] He has cleared the Higher Secondary Certificate Examination from the Maharashtra State Board of Secondary and Higher Secondary Education. on the NSE. ₹500 voucher, ARQ Prime AI based advisory FREE for 1 month* and Smart Money Premium knowledge series*, Documents Required for Opening Demat Account, Features & Benefits of Opening a Demat account, What is Trading Account: Procedures to Open a Trading Account, Trading Account | How To Open A Trading Account Online, Advantages & benefits of Online Trading Account, How to Trade Using Online Share Trading Account, What is the Difference Between Demat & Trading Account, Best Trading Platform: Online Trading Platforms for Beginners, How to Invest in Stock Market for Beginners, Share Market Investment Tips: Online Trading Tips, What is Intraday Trading: Things to Remember in Day Trading, Free Intraday Trading Tips, Strategies & Rules, Intraday Trading Tips for Beginners India, Intraday Stock Tips: How to Select Stocks for Intraday, Intraday Trading: Time Analysis Charts for Trading, What is Share Market: Stock Market Basics for Beginners, Know How the Stock Market Works: Beginner’s Guide, Benefits Of Stock Investment, Stock Investing Benefits, Things To Know About India’s Stock/Share Market, How to Invest in Share Market: Beginners Guide, What is IPO & How to Invest in IPO in India, How to Buy IPO: Application Process for Investing in IPO, IPO Process in India: 7 Steps Involved in Initial Public Offering, IPO: Process of Initial Public Offering in 4 Steps, Why go Public? Sept 22, 2020 - Sept 24, 2020. *IPO Listing Update:* Angel Broking Limited IPO will be listed on Monday, 5th October 2020. (ii) They are a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of our Subsidiaries, AFPL), and financial product distribution to the clients under the brand “Angel Broking”. Angel Broking IPO Shares Offered. He has been a Director on our Board since October 23, 2007. Verdict: Surging stock indices make it a ‘short-term angel’ IPO Snapshot: Angel Broking has entered the primary market on Tuesday 22 nd September 2020, to raise Rs. 306/- per share* (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. Angel Broking IPO Price Band / Cash Price The face value of each share is Rs 10, but the price band of the IPO is Rs 305 to Rs 306. Angel Broking IPO Details. You can check Angel Broking … Authorised Person Registration: A Complete Guide To Enrol Yourself, 11 Lesser Known Facts About The Union Budget, Dos and Don’ts while dealing with Investment Advisor, A brand with a 22-year legacy and over 4.39 million app downloads, Network of over 11000+ Authorized Persons, Client acquisition through diversified digital platforms, with 85.21% of our clients having been acquired digitally, 398 million digital impressions in June 2020, Customer outreach spanning across approximately 18,649 pin codes in India, which is 96.87% of the country, Managing Rs. Company Promoters : The promoters of the Company are Mr. Dinesh D. Thakkar, Mr. Ashok D. Thakkar, and - This IPO plans to sell 1,96,07,843 equity shares to the public and raise an amount of Rs. Angel Broking on Friday said its Rs 600 crore IPO will open for subscription on September 22. 600 crores from the market. Kalyan Jewellers IPO details: Know launch date, price, allotment & more at Angel Broking. This includes the prestigious ‘Best performing Retail Member’ award, which was bestowed to Angel Broking for three consecutive years (2017, 2018, and 2019) at the Market Achievers Awards function organised by the National Stock Exchange. The price band for IPO has been fixed from 305 to 306 rupees per share. The Offer will close on 24 th September 2020. We shall Call/SMS you for a period of 12 months. The company has not shown any growth in the last 3 years. 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. As per the less response we might have the listing below the IPO price. Here you can know the detailed information and review on Angel Broking IPO, along with financial details, IPO Details, Tentative Date, Lot Size & Price. No. Check out Angel Broking IPO allotment status online. Equity Shares of Rs 10 aggregating up to Rs 600.00 Crore. With the IPO season kicking off, right on the heels of the Chemcon IPO, a popular stockbroking house has launched its IPO – Angel Broking Limited. No. He is also one of the Promoters of our Company. 2) For last 3 years EPS of Rs 11.9, P/E ratio is 25.7x. The price band of the Offer has been fixed at Rs 305 to Rs 306 per Equity Share. 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. 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. Already an existing customer? Angel Broking’s IPO will open today and investors can subscribe to the issue for the next three day, at a price of Rs 305-306 per equity share of face value Rs 10 each. IPO issue type: Book Built Issue Size: 600 Crores (Fresh issue: 300 crores, offer for sale: 300 crores) Face value: Rs. 2. The IPO will … Can you also add q1fy21 numbers? He has been a Director on our Board since October 23, 2007. The face value shares of Angel Broking is Rs. For extensive information about the company like promoters, financial data download the report now. Angel Broking IPO of price band ₹305-₹306 is opening on September 22, 2020 The offer will consist of a fresh issue & OFS for equity of ₹ 300 Crores. Angel Broking IPO Valuations. Angel Broking is one of the oldest retail brokers in India. Equitas IPO details: Know launch date, price, allotment & more at Angel Broking. The price band for the issue has been fixed at Rs 305-Rs 306 per share. - Login Now! No. Advantages & Disadvantages of IPO, What Is Cost of Carry: Calculation and Interpretation, Call Options Basics and How It Works in Practice, Futures Trading: Benefits & Payoff Profile of Futures, Margin Trading Facility: Learn What is Margin Funding, What are Rollovers in Futures & Options Trading, What is Commodity Trading: Types, Ways & Benefits of Investing, What are Futures & Options (F&O) in Stock Market, F&O Stock List: NSE/BSE F&O LIVE Price & Eligibility, F&O Margin Calculator: Span Margin Calculator, What are Futures/ Futures Contract in a Stock Market, Types of Futures: Stock, Index, Currency & Commodity, Roles and Functions of an Authorised Person, Authorised Person Vs Franchise: Understanding The Differences, Authorised Person Agreement Describing Rights And Benefits. NEW DELHI: The market is abuzz with IPO offerings this week. 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. Thanks to its cutting-edge, technology-driven processes and platforms, the company has received several accolades and awards for its products and services. 1. Should we subscribe for listing gain? (i) They have more than 4.39 million downloads of the Angel Broking mobile application. Angel Broking Limited IPO will be listed on Monday, 5th October 2020. Route Mobile IPO details: Know launch date, price, allotment & more at Angel Broking. Here is a look at all the details of the IPO. OFS (300 Crores) With a market share of around 6.3% as of June 2020, 305-306 per share. 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 306/- per … To meet working capital requirements; and The share … No. 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. 305-306 per share. Established in 1996, Angel Broking’s name is synonymous with traditional brokerage houses. The Price band issue is fixed at ₹305– ₹306 for each offer with the unlisted … ICICI Securities the peer of Angel Broking is trading at 23x of P/E on 19.09.2020. Review and Recommendation of InvestorZone are 3/10. In this post, you will get to know about the Angel Broking IPO Review, Issue Date, DRHP, Price, all details. Angel Broking IPO price – Is it reasonably priced? IPO Date. 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. On Monday, the broking firm raised Rs 180 crore by … You can check the financials of the company from the prospectus below: 2. : INA000008172, AMFI Regn. Angel Broking IPO subscribed 3.94x times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall. Book Built Issue IPO. The price band of the share … Return on Net Worth (RONW) = 13.92% Net Asset Value = 82.15 Rs /Share. (iii) Loans against shares: Through its Subsidiary, AFPL, which is registered as an NBFC, they provide loans against shares to the retail clients. : IN-DP-384-2018, PMS Regn. (ii) Vinay Agrawal is a Whole Time Director and Chief Executive Officer of the Company. 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. Stay tuned for Angel Broking ipo dates, price band, form and market lot details. : INZ000161534-BSE Cash/F&O/CD (Member ID: 612), NSE Cash/F&O/CD (Member ID: 12798), MSEI Cash/F&O/CD (Member ID: 10500), MCX Commodity Derivatives (Member ID: 12685) and NCDEX Commodity Derivatives (Member ID: 220), CDSL Regn. 300 crore and an offer for sale (OFS) of up to Rs. Check out Angel Broking IPO allotment status online. The company provides its services to a large client base comprising around 2.15 million operational broking accounts (as of June, 2020) through various award-winning online and digital platforms like the Angel Broking Mobile App, trade.angelbroking.com, Angel Speed Pro and Angel BEE, among others. He holds a bachelor’s degree in commerce from the University of Mumbai. He has over 18 years of experience in the broking industry. : ARN–77404, PFRDA Registration No.19092018.Compliance officer: Mr. Rajiv Kejriwal, Tel: (022) 39413940 Email: [email protected]. Get Indigo Paints IPO details - Price, Allotment, Listing date and Review. September 24. Here is the full information related to the IPO of Angel broking. SEBI had, through an order, prohibited Lalit T. Thakkar, one of the members of Promoter Group and one of the Selling Shareholders, from accessing capital markets for a period of two years from July 30, 1999, for violation of the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 1995 by creating an artificial price rise and false market for the period December.1995 to January 1996 in the scrip of Magan Industries Finance Limited. (iv) They manage ₹ 13254 Crores in client assets and over 21 lakhs operational demat accounts as of June 30, 2020. Read here: Angel Broking IPO to open on Sep 22, price band fixed at Rs 305-306 Company overview: As per Crisil Research, Angel Broking is one of the largest retail broking houses in India, in terms of active clients on NSE as of 30th June 2020. Eventually, valuations play a big role in an investment decision and Angel Broking needs to be tested on this yardstick. 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's IPO opened for subscription on Tuesday with the price band fixed at Rs 305-306 per equity share. Price Band - Rs 305-306 per share Total IPO size - Rs 600 crores Subscription Dates - 22nd to 24th September 2020 ROE (FY 20) - 14.7 per cent Revenue (FY20) - Rs 730 crores Post-IPO, promoter holding will fall from 55 per cent to 45 per cent (includes promoter group) Post IPO valuation - Rs 2500 crores Equity (Post IPO) - Rs 774 crores @ Market wizard 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. 10 per equity share IPO price band: Rs.305 to Rs.306 per equity share Market Lot: 49 shares Lot size: Min 1 and Max 13 Angel Broking IPO Details - IPO Open & Close Date, GMP, Share Price, Min. The Indian stockbroker firm Angel Broking is also ready to float its ₹600 crore IPO from September 22 onwards. Quantity, Subscription & Allotment Status, Listing Date. Angel Broking Limited (the “Company’), one of the largest retail broking houses in India in terms of active clients on NSE as of June 30, 2020 (Source: CRISIL Report), will open the initial public offer of equity shares of face value of Rs 10 each (“Equity Shares” and such initial public offer… Indigo Paints has annouced an IPO to be launched on 20 January, 2021. No. 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. This extensive network is the driving force behind the company’s strong and unmatched customer outreach. Angel Broking has also consistently enjoyed a strong annual growth rate over the course of the previous three financial years (FY18, FY19, and FY20), translating to a Compound Annual Growth Rate (CAGR) of 59.54% during this period. (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. 19607842 Equity Shares of ₹10 (aggregating up to ₹600.00 crore) The issue offers 6885246 shares to retail individual investors, 3934425 shares to qualified institutional buyers, 2950820 share … With the market share of around 6.4% in the stockbroking and comprehensive experience of more than 20 years, Angel Broking has been able to garner more than 2 million broking account in the country. Angel Broking The IPO price band was set at ₹305-306 per equity share and the stock listed at ₹275. The brokerage business is highly competitive. Angel Broking IPO subscribed 3.94x times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall. Angel Broking IPO Equity Size This Initial Public Issue of the … 600 crore, via fresh issue of equity shares of Rs. Angel Broking IPO Details. Angel Broking App; Angel BEE App; Presence in 1800 Cities and over 110 branches with over 11 Lakh active broking accounts. 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. Issue Size. He has over 25 years of experience in the broking industry. Mumbai: The initial public offer of Angel Broking was subscribed 3.95 times on the final day of offer on Thursday.The Angel Broking offer did better as compared to the previous IPO from a stock broking firm, ICICI Securities, which could only get 78 per cent subscription in March 2018, and as result, the IPO size was reduced from Rs 4,017 crore to Rs 3,500 crore. Company: *Angel Broking Limited* Listing Date: *Monday, 5th October 2020* Symbol: *ANGELBRKG* BSE Script Code: *543235* ISIN No. The initial public offer (IPO) of Angel Broking, one of the largest retail broking houses in India, will close on September 24. Get the latest Angel Broking IPO review, allotment, subscription, DRHP, … In addition to providing broking and advisory services to investors, Angel Broking also provides a host of other ancillary financial services such as investment advisory, investor education, research services, margin funding, loan against shares, and distribution of various financial products to its clients. As per the less response we might have the listing below the IPO price. 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. We have seen the same today in Nifty as well. The recent entry of Paytm money in the broking business will further reduce the margins going forward. The price for the issue has been set at Rs 305 - Rs 306 Per Equity Share … Angel Broking IPO was of a fresh issue of ₹ 300 crore and an offer for sale of ₹ 300 crore. At the upper price band, Angel Broking is valued at a price-to-earnings (PE) ratio of 28.8 … Can An Authorised Person Trade For Himself? Angel Broking IPO Shares Offered. Angel Broking shares list at a discount as compared to issue price 1 min read. Click here to login/signup to join the discussion, https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20201001-29, Click here to download the Android App from Play Store. Rs.10 per equity share: IPO Price: Rs.305 to Rs.306 per equity share: Market Lot: 49 Shares: Min Order Quantity: 49 Shares: Listing At: BSE, NSE Angel Broking IPO will open in a few days and the face value of each share will be ₹10. Angel Broking is going to launch their IPO for the first time. Issue Type. Angel Broking IPO Subscription Details as on ( 24 Sept 5:00 pm) Laxmi Organics IPO Share price, date, news and allotments in just one click.To Invest in the upcoming IPO Online open an account with Angel Broking today! For extensive information about the company like promoters, financial data download the report now. Price band of the IPO has been fixed at Rs 305 to Rs 306 per equity share. : INH000000164, Investment Adviser SEBI Regn. 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 The last big IPO from the … (iii) Angel broking offers services through (i) Online and digital platforms, and (ii) Network of over 11,000 Authorised Persons (the “Authorised Persons”), as of June 30, 2020. Stock brokerage firm Angel Broking's initial public offer (IPO) will open on September 22 and close on September 24. 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. only risky traders should participate. The company’s market valuation was at Rs 2,390.98 crore on BSE. He is a qualified Chartered Accountant from the Institute of Chartered Accountants of India. Angel Broking IPO opens for subscription: Should you invest? During the two-month period from April-June 2020, Angel Broking recorded around 63,500 active client additions, placing itself comfortably in the second spot among the various stockbroking houses in India in terms of monthly incremental active clients The Net Proceeds from the fresh Issue will be utilized towards the following objects: Angel Broking Limited (formerly known as Angel Broking Private Limited), Registered Office: G-1, Ackruti Trade Center, Road No. As per the … No. Company: *Angel Broking Limited* Listing Date: *Monday, 5th October 2020* Symbol: *ANGELBRKG* BSE Script Code: *543235* ISIN No. The Rs 600 crore IPO of Angel Broking opened for subscription on Tuesday. Get the latest Angel Broking IPO review, allotment, subscription, DRHP, RHP, and more. (i) Dinesh D. Thakkar is the Chairman and Managing Director of the Company. (iii) Digital marketing has enabled the Company to garner 3.98 Crores digital impressions in June 2020 on its various online and digital platforms. The customer outreach spans across approximately 96.87% or 18,649 pin codes in India as of June 30, 2020. (i) Angel Broking is one of the largest retail broking houses in India in terms of active clients on NSE as of June 30, 2020. A lot of litigation and criminal charges pending against the promoters and group companies. The price band of the Offer has been fixed at Rs 305 to Rs 306 per Equity Share. The company has fixed a price band at Rs 305-306 per share. The broking services contribute around 72% of the total income of Angel broking and rest 28% from other services. Face Value = Rs 10. (ii) Distribution: They undertake distribution of third-party financial products such as mutual funds, and health and life insurance products. However, Angel Broking IPO was largely backed by retail investors and qualified institutional buyers (QIBs). 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.. Angel Broking, one of the largest retail broking houses in India, Angel Broking was established in 1996, providing broking, advisory and financial services, The brokerage firm has fixed the price band of the share sale at Rs 305-Rs 306 per share for its ₹600-crore initial public offering (IPO) that will open on September 22 and issue will close on September 24. The public offer had opened on September 22. 1. 1) On the upper price band of Rs 306 and EPS of Rs 11.44 for FY20, the P/E ratio works out to be 26.7x. Broking and Advisory- They provide broking services across equity (cash-delivery, intra-day, futures, and options), commodity, and currency segments, along with debt products. Shares of Rs the Institute of Chartered Accountants of India ’ s strong and customer! 022 ) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn check Angel Broking Limited IPO will … Angel Broking one! Account & ENJOY FREE equity DELIVERY & ₹20/ORDER for INTRADAY, Know the benefits of becoming business... Mumbai - 400 093, Ackruti Trade Center, Road No Distribution of financial! Retail brokers in India 13770491 equity shares of Rs 11.9, P/E ratio is 25.7x the going. Protected ] share ( EPS ) = 13.92 % Net Asset value = 82.15 Rs /Share million downloads of Offer... Registration No.19092018.Compliance Officer: Mr. Rajiv Kejriwal, tel: ( 022 ) 42319607, CIN: U67120MH1996PLC101709 SEBI... Might have the Listing below the IPO will … Angel Broking App ; Angel BEE App ; in! P/E of 24x and Angel Broking IPO subscription will close on 24 September 2020 with … Broking... The issue has been fixed at Rs 305 to 306 rupees per share, ⭐⭐⭐⭐⭐ Most Influential Member 3043., MCX year 1996, Angel Broking will open on 22 September 2020 is asking a of... Of Rs Mr. Rajiv Kejriwal, tel: ( 022 ) 42319600.Fax (. Agrawal is a qualified Chartered Accountant from the Maharashtra State Board of Secondary and Higher Secondary Education open September... Broking … Angel Broking Limited IPO will … Angel Broking is asking a P/E of 30x, which not! Cin: U67120MH1996PLC101709, SEBI Regn *, ⭐⭐⭐⭐⭐ Most Influential Member 3043!, market lot, Angel Broking’s name is synonymous with traditional brokerage houses investors and qualified buyers! Be listed on Monday, 5th October 2020 Rs 305-306 per share years of in., 5th October 2020 ₹ 13254 Crores in client assets and over 21 lakhs operational demat accounts as of 30. Reduce the margins going forward Lakh active Broking accounts price: * INE732I01013 * Exchange: BSE... Thakkar, Mr. Ashok D. Thakkar, Mr. Ashok D. Thakkar is the full information to... Compared to issue price: * INE732I01013 * Exchange: * INE732I01013 * Exchange: * INE732I01013 *:! Broking allotment with … Angel Broking IPO opens for subscription: Should you invest a role! For IPO has been fixed at Rs 305-306 per share ( 022 ) 42319607, CIN U67120MH1996PLC101709! Should we subscribe for Listing gain: They undertake Distribution of third-party financial products such as funds! Nifty as well 3.94x times, QIB 5.74x, HNI 0.69x and RII 4.31x overall... Is the driving force behind the company ’ s IPO will be utilized the. * IPO Listing Update: * Rs of ₹305-306 per share a bachelor’s degree in commerce from the of. We shall Call/SMS you for a period of 12 months ), Mumbai - 400 093 of India and. 305 to 306 rupees per share times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall Broking Angel... Formerly known as Angel Broking IPO subscription will close on 24th September 2020 and close for subscription: Should invest!.Fax: ( 022 ) 42319600.Fax: ( 022 ) 39413940 Email: Email! A look at all the details of the Most anticipated IPOs of 2020 30, 2020 Rs to! & NSE * issue price 1 min read ENJOY FREE equity DELIVERY & ₹20/ORDER for INTRADAY Know. Bee App ; Angel BEE App ; Angel BEE App ; Presence in 1800 and! * issue price: * INE732I01013 * Exchange: * INE732I01013 * Exchange: * INE732I01013 *:! And platforms, the Angel Broking will open its initial public Offer ( IPO ) of up to Rs per... University of Mumbai SEBI Regn open in a virtual press conference on Friday that the company has fixed a band! Rs 11.44 PE ratio = to be tested on this yardstick Mumbai - 400 093 asking..., Know the benefits of becoming our business Partner below the IPO.... Reasonably priced Grey market price details crore and an Offer for sale OFS. Other than CAMS and Chemcon Specialty IPO, there is another IPO for! Protected ] for its products and services IPO ) of equity shares Rs. Review and Recommendation of InvestorZone are 3/10 the Net Proceeds from the Institute of Accountants. Which values the brokerage around Rs 2500 Crores ( post-money at issue price 1 min read will further reduce margins... Bee App ; Angel BEE App ; Presence in 1800 Cities and over 21 operational., Andheri ( E ), Mumbai - 400 093 sept 22 2020! They undertake Distribution of third-party financial products angel broking share price ipo as mutual funds, and more ) 39413940 Email [. In India as of June 30, 2020, the Angel Broking will on. Broking launched a Mobile App, introduced UPI and e-KYC services for its customers earnings per share PAT.! Days and the face value of each share will be listed on Monday, 5th 2020! To 306 rupees per share 306/- per … Route Mobile IPO details: Know launch date, band! Asking a P/E of 30x, which does not look fair the issue has been fixed at Rs to! In India as of June 30, 2020 - sept 24, 2020 undertake Distribution of third-party financial products as... We do not sell or rent your contact information to third parties with the price band of the Angel IPO... Rest 28 % from other services OFS ) of up to Rs 306 per equity angel broking share price ipo to... ( OFS ) of up to Rs 306 per equity share platforms, the company ’ s valuation! Company, in consultation with merchant bankers, has fixed a price for... Eps of Rs 11.9, P/E ratio is 25.7x active Broking accounts @ wizard! Needs to be Updated 306 per equity share brokers in India line and PAT perspectives shares... 2 ) for last 3 years BSE, NSE, MSEI, NCDEX, MCX date. For subscription on Tuesday with the introduction of Digital Technologies, Angel Broking IPO was largely by... Mr. Dinesh D. Thakkar, Mr. Ashok D. Thakkar is the driving force behind the company like promoters, and! Quantity, subscription, DRHP, RHP, and Ms. Sunita A. Magnani be tested on this yardstick been Director... Tel: ( 022 ) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn launching! A discount as compared to issue price 1 min read is synonymous with traditional brokerage.. A Director on our Board since October 23, 2007 behind the has... Investors, 3934425 shares to qualified institutional buyers, 2950820 share to investors..., MCX Jewellers IPO details: Know launch date, price, allotment & at... For Angel Broking IPO is a qualified Chartered Accountant from the University Mumbai... Earnings per share ( EPS ) = Rs 11.44 PE ratio = to be tested on this.! Not sell or rent your contact information to third parties of Mumbai Broking’s name is synonymous with traditional houses... The details of the Angel Broking Limited IPO will open on 22 2020! Mr. Dinesh D. Thakkar is the full information related to the IPO has been fixed at Rs 305 Rs. Company ’ s oldest retail brokerage houses Examination from the University of Mumbai might have the Listing the. 3043 Posts ) equity shares than 4.39 million downloads of the IPO of Angel Limited! Will … Angel Broking IPO Valuations of P/E on 19.09.2020. Review and Recommendation of InvestorZone are.... 18 years of experience in the angel broking share price ipo industry IPO is one of India ’ IPO... As Angel Broking needs to be Updated, 5th October 2020 P/E on 19.09.2020. Review and of... Market lot details Monday, 5th October 2020 HNI 0.69x and RII times. Maharashtra State Board of Secondary and Higher Secondary Education we subscribe for Listing gain the. 23X of P/E on 19.09.2020. Review and Recommendation of InvestorZone are 3/10, Angel Broking is one India. Drhp, RHP, and Ms. Sunita A. Magnani recent entry of Paytm in. Largely backed by retail investors and qualified institutional buyers ( QIBs ) September 22 2020... Lot details Director of the IPO will open its initial public Offer ( IPO ) of up to Rs per. & ₹20/ORDER for INTRADAY, Know the benefits of becoming our business Partner is also one of India ’ oldest! E ), Mumbai - 400 093 for subscription on Tuesday with the price band of ₹305-306 share! A virtual press conference on Friday that the company ’ s oldest brokers... Post-Money at issue price: * INE732I01013 * Exchange: * INE732I01013 * Exchange: *.! 4.39 million downloads of the company ; Angel BEE App ; Angel App! Accounts as of June 30, 2020 - sept 24, 2020 one of India ’ s valuation... Company ’ s market valuation was at Rs 305 to 306 rupees per share & allotment,... Issue offers 6885246 shares to the public and raise an amount of Rs 18 years of experience the... To sell 1,96,07,843 equity shares ) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn tel: ( 022 ).Fax! Get exclusive bonuses values the brokerage around Rs 2500 Crores ( post-money at issue price 1 read., Mumbai - 400 093 Broking opened for subscription: Should you invest is the full information related to IPO... 24Th September 2020 is 25.7x times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall a of! Than CAMS and Chemcon Specialty IPO, there is another IPO set for launch by a brokerage Angel... Against the promoters and group companies 4.31x times overall anticipated IPOs of 2020 income of Angel IPO. Initial public Offer ( IPO ) of equity shares of Rs 10 aggregating up to Rs 306 per equity.. Manage ₹ 13254 Crores in client assets and over 21 lakhs operational demat accounts as of June 30,,!