IPO

Angel Broking Ltd IPO

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Finance - Stock Broking

Listed On: Oct 5, 2020 at ₹ 275

₹ 14994 /49 Shares

Check Allotment

22 Sep, 2020

Open Date

24 Sep, 2020

Close Date

30 Sep, 2020

Allotment Date

05 Oct, 2020

Listing Date
Price Summary

Last Closing

2,517.00 (722.55%)

52 Week High

3,285.00

52 Week Low

1,941.00

Last Update

19-Dec-2025 3:30 PM
IPO Live Subscription Details
QIB 5.74x
Retail 4.31x
NIIs 0.69x
Retail 4.31x
Total 3.94x
Last updated: 2020-09-24 17:00:00
IPO Issue Details
  • Issue Price ₹305 to ₹306 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 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
  • Listing at BSE, NSE
  • List Price 275
  • Listing Date 2020-10-05
  • Lead Manager Edelweiss Capital Limited
    ICICI Securities Limited
    SBI Capital Markets Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
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 Analysis And Details
Retail
4.31x
QIB
5.74x
NII
0.69x
Total
3.94x
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
In Crs.
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
IPO - Issue Objectives
1

To meet working capital requirements

2

General corporate purposes

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
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