IPO

Angel Broking Ltd IPO

Mainboard

Finance - Stock Broking

Listed On: Oct 5, 2020 at ₹ 275

₹ 14994 /49 Shares

Check Allotment

Price Summary

Last Closing

2,788.00 (811.11%)

52 Week High

3,503.15

52 Week Low

1,941.00

Last Update

16-May-2025 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

times

IPO Docs

RHP DRHP

IPO Details


The IPO of is priced at ₹305 - 306 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Sep 22, 2020 and ends on Sep 24, 2020. The allotment for IPO will be finalized on Sep 30, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 5, 2020. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Edelweiss Capital Limited, ICICI Securities Limited, SBI Capital Markets Limited.


The IPO sets its price band at 305 - 306 for each share. A single application for Angel Broking Ltd IPO must contain at least 49 shares.

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IPO Subscription Details

As onQIBNIIRetail
Shares Offered / Reserved39,34,42529,50,82068,85,246N/A
Day 1 - 22-09-20 05:00 PM0.00 x0.161.45 xN/A x
Day 2 - 23-09-20 05:45 PM0.00 x0.312.79 xN/A x
Day 3 - 24-09-20 05:00 PM5.74 x0.694.31 xN/A 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-2031-March-2031-Mar-1931-Mar-18
Assets2,973.102,159.202,169.052,282.86
Revenue244.08742.77762.64753.65
Profit After Tax38.1886.6276.69101.05

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Angel Broking Limited3.6330.7615.23754.71 Cr
ICICI Securities Limited12.9424.9751.831724.94 Cr
Geojit Financial Services Limited2.6115.4516.88306.37 Cr
IIFL Securities Limited1.758.0221.87643.74 Cr
Motilal Financial Services Limited3.4742.938.092365.41 Cr
JM Financial Limited3.0352.975.723453.55 Cr

IPO - Ratings

Capital MarketNeutral
Dalal Street Investment JournalSubscribe
Motilal OswalSubscribe

- Promoter(s)

Company Promoter(s)
  1. Dinesh D. Thakka
  2. Ashok D. Thakkar
  3. Sunita A. Magnani

IPO - Issue Objectives

  1. To meet working capital requirements
  2. 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.