Angel Broking IPO Review

Angel Broking IPO

Angel broking is one of the largest independent full-service retail broking houses in India, in terms of active clients on NSE as of July 31, 2018. It is a technology-led financial services company, that provides broking and advisory services, margin funding, loans against shares and financial product distribution to our clients under the brand “Angel Broking”.

Our broking services are offered through

(i) Our online and digital platforms

(ii) Our network of more than 11,000 sub-brokers, as of June 30, 2018.

We have more than 850,000 downloads of our Angel Broking mobile app and more than 450,000 downloads of our Angel BEE app as of June 30, 2018, which enables our clients to avail of our services digitally. Angel broking believes that the experience of over two decades has helped the company to integrate their knowledge and expertise in the broking industry with the technology that provides to retail clients through various platforms.

 

We provide a wide range of financial services to our clients including and in relation to:

Broking and Advisory:

We provide broking services across equity (cash-delivery, intra-day, futures, and options), commodity and currency segments, along with debt products. Our Company is a member of BSE, NSE, MSEI, MCX, and NCDEX in order to provide broking services. To complement our broking and advisory services, we also provide the following additional services to our clients:

 (i) Research Services: We have a dedicated research team that publishes research reports on a daily, weekly and monthly basis for our clients, to enable them to make informed investment decisions across equity, commodity, and currency segments.

(ii) Investment Advisory: We provide investment advisory services to our retail clients with customized investment recommendations which we believe assists our clients in achieving their investment goals across various investment avenues such as equities, debt, currency, commodities, derivatives, mutual funds, and insurance products.

(iii) Investor Education: Our 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. As part of our investor awareness initiative, we regularly undertake sessions through various digital mediums, to enhance our retail clients’ knowledge regarding our products, research, and market trends.

Other Financial Services: In addition to our broking and advisory services, we also provide the following financial services that may enable our clients to achieve their financial goals:

(i) Margin Trading Facility: We provide margin trading facility to our clients for leveraging their eligible collaterals by funding their requirements on the cash delivery segment of equities.

(ii) Distribution: We undertake distribution of third-party financial products such as mutual funds, and health and life insurance products, according to our clients’ requirements. Such distribution is undertaken through both our offline channels and our digital platforms.

(iii) Loans against shares: Through our Subsidiary, AFPL, which is registered as an NBFC, we provide loans against shares to our retail clients.

 

 

Strength of Angel Broking

  • One of the largest retail broking houses with strong brand equity.
  • Ensuring client satisfaction through the implementation of advanced technology and digitalization.
  • Strong client base through our online and digital platform and sub-broker network.
  • Significant market share in the cash and commodity segment.
  • Track record of continuous growth and strong financial performance.
  • Continuously developing implementation of technology and enhancing digital infrastructure.

Angel Broking IPO Details

IPO Opens on:  December 2020 

IPO Closes on:  December 2020  

Price Band:  Rs  per share

Bid Lot: 0 shares and in multiples of 0 shares

Maximum Price: Rs 

Fresh issue: Rs Cr

Offer for Sale: Rs 

IPO Size: Rs 00 Cr (Approx)

Retail & Employees Discount: Rs 0 per share

Angel Broking IPO Time Line

Finalisation of Allotment:  

Initiation of Refunds: 

Transfer of Shares to Demat Account: 

Listing At: NSE & BSE

Listing Date: 

Financial Performance of (in Crores) Angel Broking

FY2018 FY2019 H1 FY2020
Total Revenue
Total Expense
Net Income
Net margin (%)

Angel Broking IPO Valuations

Face Value = Rs 10

Earnings Per Share (EPS) = Rs 

PE Ratio = 0 (Approx)

Return on Net Worth (RONW) = %

Net Asset Value = Rs /Share

Angel Broking IPO Subscription Details

Category Shares offered Subscription (no. of times, at 6 pm)
Day 1 Day 2 Day 3

QIB

NII
Retail
Employee
Total

Grey Market Premium of Angel Broking IPO Day by Day

Grey market premium as on 00-00-2000 = Rs. 0-0/Share

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