Angel Broking Ltd IPO

Mainboard

Finance - Stock Broking

Listed On: Oct 5, 2020 at ₹ 275

₹ 14994 /49 Shares

Check Allotment

Price Summary

Last Closing

2,841.00 (828.43%)

52 Week High

3,896.00

52 Week Low

2,025.00

Last Update

8-Nov-2024 3:30 PM

IPO Live Subscription Details

Date

2020-09-24 17:00:00

QIBs

5.74

NII

0.69

Retail

4.31x

Total

3.94 times

IPO Details

22 Sep, 2020

Open Date

24 Sep, 2020

Close Date

30 Sep, 2020

Allotment Date

05 Oct, 2020

Listing Date

Issue Price

₹305 to ₹306 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

275

Listing Date

2020-10-05

Market Lot

49 Shares (₹14,994/-)

Lead Manager

Edelweiss Capital Limited
ICICI Securities Limited
SBI Capital Markets Limited

Issue Size

Total Equity Shares 1,96,07,840 of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 600 Cr
Fresh Issue: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr
Offer for Sale: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr

Retail Portion

N/A

Subscription

3.94 times

IPO Docs

RHP DRHP

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	39,34,425	29,50,820	68,85,246	13,770,491
Day 1 - 22-09-20 05:00 PM	0.00 x	0.16	1.45 x	0.76 x
Day 2 - 23-09-20 05:45 PM	0.00 x	0.31	2.79 x	1.46 x
Day 3 - 24-09-20 05:00 PM	5.74 x	0.69	4.31 x	3.94 x

Valuations

Earnings Per Share (EPS)

₹9.95

P/E Ratio

30.76

RoNW

15.23%

Net Asset Value (NAV) - Post Issue

₹84.37

Company Financials All values are in ₹ Cr.

	30-June-20	31-March-20	31-Mar-19	31-Mar-18
Assets	2,973.10	2,159.20	2,169.05	2,282.86
Revenue	244.08	742.77	762.64	753.65
Profit After Tax	38.18	86.62	76.69	101.05

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Angel Broking Limited	3.63	30.76	15.23	754.71 Cr
ICICI Securities Limited	12.94	24.97	51.83	1724.94 Cr
Geojit Financial Services Limited	2.61	15.45	16.88	306.37 Cr
IIFL Securities Limited	1.75	8.02	21.87	643.74 Cr
Motilal Financial Services Limited	3.47	42.93	8.09	2365.41 Cr
JM Financial Limited	3.03	52.97	5.72	3453.55 Cr

IPO - Ratings

Capital Market	Neutral
Dalal Street Investment Journal	Subscribe
Motilal Oswal	Subscribe

- Promoter(s)

Company Promoter(s)

Dinesh D. Thakka
Ashok D. Thakkar
Sunita A. Magnani

IPO - Issue Objectives

To meet working capital requirements
General corporate purposes

IPO - FAQs

Ans. Angel Broking Ltd IPO is a Mainboard IPO. The issue is priced at ₹305 to ₹306 per equity share. The minimum order quantity is 49 Shares. The IPO opens on Sep 22, 2020, and closes on Sep 24, 2020. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Angel Broking Ltd IPO opens on Sep 22, 2020 and closes on Sep 24, 2020.

Ans. The size of Angel Broking Ltd IPO is Total Equity Shares 1,96,07,840 of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 600 Cr Fresh Issue: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr Offer for Sale: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr.

Ans. The IPO price band is set between ₹305 to ₹306 per equity share.

Ans. To apply for Angel Broking Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Angel Broking Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Angel Broking Ltd IPO is Sep 30, 2020.

Ans. The Angel Broking Ltd IPO will be listed on Oct 5, 2020.

Ans. Follow the steps to check the allotment status for Angel Broking Ltd IPO here.