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Angel Broking IPO allotment status Online you can check here and this service will be made on available on our site on 29th septemper 2020. Before you check IPO allotments status have a look off angel broking ipo company details and financials.
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Angel Broking IPO Subscription Day wise
| Category Wise Subscribed | Day 1 | Day 2 | Day 3 |
| QIB‘s | 0.00 | 0.00 | 5.74 |
| HNI‘s | 0.16 | 0.31 | 0.69 |
| RII‘s | 1.46 | 2.79 | 4.31 |
| EMP‘s | N/A | N/A | N/A |
| Total | 0.76 | 1.46 | 3.94 |
Angel Broking IPO Complete Information:-
| Angel Broking IPO Information | |
| Subscription Date | 22 – 24 September 2020 |
| Price Band Limit | Rs.305 – 306 per share |
| Fresh issue of shares | Rs.300 crore |
| Offer For Sale(OFS) | Rs.300 crore |
| Total IPO size | Rs.600 crore |
| Minimum bid (lot size) | 49 shares |
| Face Value | RS.10 per share |
| Retail Allocation Percentage | 35% |
| Listing On Stock Exchange | NSE, BSE |
Angel Broking IPO Market Lot size:
| Per Lot: | Minimum 49 Shares & Maximum 637 Shares You can Apply |
| Minimum Amount: | Rs.14,994 |
| Maximum Amount: | Rs.194,922 |
Angel Broking IPO Allotment Status check & Listing Date’s :
| Basis of Allotment of shares: | 29 09 2020 |
| Refund Initiation: | 30 09 2020 |
| Credit of shares to Demat Account: | 1 10 2020 |
| Listing Date on Stock Exchange: | 5 10 2020 |
Angel Broking Ipo Allotment Status Check:–
Angel Broking IPO allotment status you can check on 29th sep 2020 on our site. Kindly revisit to check angel broking allotment status and grey market premium for the company.
Angel IPO 2020 Allotment Status check online can be checked here by clicking on the IPO Allotment Status. Allotment of Shares as per the offer for sale or Fresh Issue and moving on to the Offer for sale Shares of the Promoters Shareholders compliant with the Offer available to be purchased to the effective Bidders.
Clich here to check Angel Broking IPO Allotment Date:
To Check Allotment Status You Can visit to BSE website Here is the site: CLICK HERE
LEAD MANAGERS FOR ANGEL BROKING IPO.
- ICICI Securities private Limited
- Edelweiss Financial Limited
- State bank of india(SBI) Capital Market Limited.
Angel Broking is Now fully Subscribed at 3.39 Times but due to negative market investors are worried about second crash. So the investors are concerned about thier investment and hence the buzz about IPO’s in September subscribtion is less due to this issue.
Angel broking investors can check their allotment status online and to check angel broking allotment status. you need to visit lead registar website or bse website to check your allotment.
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What stock analysts has to say about Angel Broking Issue?
The higher end of the priceof the stock, the issue is valuing at 29 times FY20 P/E, which is seems fairly priced compared to broking industry. We like Angel broking because given its
- (1) Top leading position in retail broking firm,
- (2) robust technology platform
- (3) innovative offerings.
- Considering the sharp rise in retail participation in IPO’s and ongoing industry challenges in broking, top players are likely to gain market share,” says Motilal Oswal brokerage has recommending a subscribe to the issue.
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About the corporate company –
Angel Broking Limited Launched in 1996. Angel Broking Limited is one among the most important full-service retail broking houses in India. It offers products such as retail and corporate trading opportunities in products like stocks equity, mutual funds plan sip, commodities trading, PMS, and IPO’s.
Alongside depository services. Angel Broking may be a member of the (BSE), (NSE), Metropolitan stock market of India Ltd. (MSEI), Multi commodities exchange of India Ltd. (MCX), and therefore the National Commodity & Derivatives Exchange Limited (NCDEX).
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Business Model Of Angel Broking Comapny Ltd
Angel broking is a technology-driven business which offers stock broking and advisory services for their clients, margin equity funding, loan against shares of the company, and financial products distribution to their clients. Angel Broking Limited is one among the most important retail broking houses in India in terms of the number of active clients on the NSE.
The company’s customer outreach spans across 96.87% of pin codes in India with quite 2.15 million operational broking accounts and around Rs.132540 million in client assets as on June 30, 2020 Angel Broking offers its services via a variety of digital, web, and .exe platforms. The seamless integration between these platforms allows its clients to possess a hassle-free experience allowing the corporate to profit from the event of the Indian financial market with a transparent emphasis on digitization.
1. Strengths of Angel Broking Limited
- Angel is India’s One of the fastest-growing retail broking houses. The operational amount of accounts has increased from 1.0 million in March quarter 2018 to 2.15M in June quarter 2020 – a CAGR of 151.91%!
- Client acquisition process is through diversified digital platforms like performance marketing or affiliate marketing, referrals from clients, digital media influencers, and authorized person network.
- Robust business metrics building operating leverage.
- Experienced management team with proven execution capabilities
2. Objects of the Offer
- Angel Broking proposes to utilize internet proceeds from this issue towards funding the subsequent objects:
- To meet capital requirements; and General corporate purposes.
3. Risk Factors
- The outbreak of COVID-19 or outbreak of the other severe disease could have a possible impact on the company’s business, economic condition, and results of operations.
- General economic and market conditions in India and globally could have a cloth adverse effect on its business, economic condition, cash flows, results of operations, and prospects.
- Being a broking house, Angel Broking is subject to extensive statutory and regulatory requirements and supervision, which have a cloth influence on, and consequences for, its business operations.
- Since the corporate relies on its broking and related services business for a considerable share of its revenue and profitability, any reduction within the brokerage fee could have a cloth adverse effect on its business, economic condition, cash flows, results of operations, and prospects.
- There are operational risks related to the financial services industry which, if realized, may have a cloth adverse effect on its business, economic condition, cash flows, results of operations, and prospects.
- The company may fail to detect concealment and other illegal or improper activities in its business operations on a timely basis, which can have an adverse effect on its reputation, business operations, economic condition, and results of operation.
- The financial performance of a broking house depends on the rate of interest risk. the lack to manage the rate of interest risk can have a cloth adverse effect on its business prospects, economic condition, and results of operation.
Important information about Angel Broking Limited
Here may be a quick check out some important information about Angel Broking Limited:
1. Overview of Angel Broking’s Financials
| 30 Jun 20 | 31 mar 20 | 31 mar 19 | 31 mar 18 | |
| Total Assets | 29731 | 21592 | 21690 | 22828 |
| Total Expenses | 1929 | 6258 | 6437 | 6058 |
| Total Income | 2440 | 7427 | 7626 | 7536 |
| Profit After Tax | 381.83 | 866.24 | 766 | 1010 |
All amounts in INR million
2. Promoters of Angel Broking IPO
- Dinesh D. Thakkar
- Ashok D. Thakkar
- Sunita A. Magnani
How can you able to apply for the Angel Stock Broking IPO 2020?
You can apply for the Angel Broking IPO by using one among these two methods of payment:
- ASBA – available via internet banking interface of your checking account. most banks offer this facility.
- UPI – available with brokers who don’t offer banking services.
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Angel Broking IPO Allotment Status check FAQs:
When you can check Angel Broking IPO Allotment status check Date?
Angel Broking IPO 2020 Allotment status check date is 29 09 2020.
When will be the Angel Broking IPO 2020 Refunds Date?
The angel broking IPO refunds date is on 05 10 2020.
What will be your chance to get the Angel Broking IPO Allotment and how you can check?
The IPO allotment will be based on the number of times subscription. As per the details available the retail application received the bids off allotment will be around 3:1. where from 3 people one can get it.
How you can check the Angel Broking IPO 2020 Allotment status?
Onw can Check Angel Broking IPO allotment through your PAN number the one you applied from, the application number given by stock broker.
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Summing Up- Angel Broking IPO Allotment Status Check
While Angel Broking may be a famous name within the stockbroking industry, before investing in its IPO, make sure that you read through the company’s financials and therefore the Red Herring Prospectus (RHP) carefully. Remember, as India and therefore the entire world is taking steps to attenuate the economic impact of the pandemic, some businesses will thrive while some might perish. make sure that you think about all aspects carefully before investing.
कॉर्पोरेट कंपनी के बारे में –
एंजेल ब्रोकिंग लिमिटेड 1996 में लॉन्च किया गया। एंजेल ब्रोकिंग लिमिटेड भारत में सबसे महत्वपूर्ण पूर्ण-सेवा खुदरा ब्रोकिंग घरों में से एक है। यह स्टॉक इक्विटी, म्यूचुअल फंड प्लान सिप, कमोडिटीज ट्रेडिंग, पीएमएस और आईपीओ जैसे उत्पादों में खुदरा और कॉर्पोरेट ट्रेडिंग के अवसर प्रदान करता है।
डिपॉजिटरी सेवाओं के साथ। एंजेल ब्रोकिंग (BSE), (NSE), मेट्रोपॉलिटन स्टॉक मार्केट ऑफ़ इंडिया लिमिटेड (MSEI), मल्टी कमोडिटी एक्सचेंज ऑफ़ इंडिया लिमिटेड (MCX), और इसलिए नेशनल कमोडिटी एंड डेरिवेटिव्स एक्सचेंज लिमिटेड (NCDEX) का सदस्य हो सकता है। ।
एंजेल ब्रोकिंग कॉमपनी लिमिटेड के बिजनेस मॉडल
एंजेल ब्रोकिंग एक प्रौद्योगिकी-संचालित व्यवसाय है जो अपने ग्राहकों के लिए स्टॉक ब्रोकिंग और सलाहकार सेवाएं, मार्जिन इक्विटी फंडिंग, कंपनी के शेयरों के खिलाफ ऋण और अपने ग्राहकों को वित्तीय उत्पाद वितरण प्रदान करता है। एनएसई पर सक्रिय ग्राहकों की संख्या के मामले में एंजेल ब्रोकिंग लिमिटेड भारत में सबसे महत्वपूर्ण खुदरा ब्रोकिंग हाउसों में से एक है।
कंपनी के ग्राहक का आउटरीच 96.87% पिन कोड भारत में फैला है, जिसमें 2.15 मिलियन ऑपरेशनल ब्रोकिंग अकाउंट हैं और 30 जून, 2020 तक क्लाइंट एसेट्स में रु। 132540 मिलियन के साथ एंजेल ब्रोकिंग कई तरह के डिजिटल, वेब और वेब सेवाओं के माध्यम से अपनी सेवाएँ प्रदान करता है। exe प्लेटफार्मों। इन प्लेटफार्मों के बीच सहज एकीकरण अपने ग्राहकों को परेशानी मुक्त अनुभव के अधिकारी होने की अनुमति देता है जो कॉर्पोरेट को डिजिटलीकरण पर पारदर्शी जोर देने के साथ भारतीय वित्तीय बाजार की घटना से लाभान्वित करने की अनुमति देता है।
Nice Article very informative
bahut achhi jankari di bhai