Angel Broking Limited IPO opens on Sep 22, 2020 and closes on Sep 24, 2020 – Things to Know

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Angel Broking Limited is one of the largest retail broking houses in India in terms of active clients on NSE as of June 30, 2020. Angel Broking Limited is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares and financial products distribution to our clients under the brand “Angel Broking”. Angel Broking Limited broking and allied services are offered through online and digital platforms and network of over 11,000 Authorised Persons as of June 30, 2020. Digital marketing has enabled.Angel Broking Limited manage Rs 132,540 million in client assets and over Rs 2.15 million operational broking accounts as of June 30, 2020.

Angel Broking Limited launched mobile application for broking services in the year 2011 and KYC authentication and complete client on-boarding through the electronic and digital medium in the year 2015 and 2016, respectively. Our primary focus is to profitably grow retail broking, margin funding and distribution businesses through online and digital platforms, “Angel Broking Mobile App”, “trade.angelbroking.com”, “Angel SpeedPro”, “Angel BEE”, which are powered by “ARQ”, a rule-based investment engine.Angel Broking Limited provide broking services through various web, digital and .exe platforms, which are integrated with each other enabling clients to have a seamless trading and investment experience.

Angel Broking Limited have received several awards, certificates and accolades for our services and products, including ‘Best performing Retail Member’ award at Market Achievers Awards organised by NSE for three consecutive years, being 2017, 2018 and 2019,‘Trendsetter’ award at the NetApp - Innovation Awards 2019, ‘Best Marketing Campaign of the Year 2019 in India’ organisedby Tefla’s, ‘Digital First Organisation of the Year 2019 in India’ organised by Tefla’s, ‘Franchise 100 India’s Top Franchises,2019’certified by Franchise India, the ‘Fulcrums of Commodity Derivatives Market’ award by MCX for 2018, one of the ‘topvolume Performers in Equity Retail Segment 2016 - 17’ by BSE, ‘Fintech Trading Platform of the Year by moneytech’17 Awards organised by BusinessEx.com and the ‘Best Technology House of the Year’ in 2016 at the ASSOCHAM Excellence Awards.

Promotors Detail :

Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani are the Promoters of Company. As on the date, Promoters collectively hold 20,718,725 Equity Shares, equivalent to 28.77% of the pre-Offer issued, subscribed and paid-up Equity Share capital of our Company.

Company Financials :

                                                                                                              In Millions

	30 Jun 2020	31 March 2020	31 March 2019
Total Assets	29,731.02	21,592.05	21,690.56
Total Revenue	2,440.86	7,427.79	7,626.47
Profit After Tax	381.83	866.24	766.94

IPO Detail :

Issue Size - Eq Shares of Rs 10 (aggregating up to Rs 600.00 Cr) 

Offer for Sale - Eq Shares of RS 10 (aggregating up to Rs 300.00 Cr) 

Fresh Issue - Eq Shares of Rs 10 (aggregating up to Rs 300.00 Cr) 

IPO Price - Rs 305 to Rs 306 per equity share 

Market Lot - 49 Shares ( Min Order quantity ) 

Maximum Order Quantity for Retail -637 Shares ( 13 Lots ) 

Finalisation of Basis of Allotment - Sep 29, 2020 

Initiation of Refunds - Sep 30, 2020 

Credit of Shares to Demat Account - Oct 01, 2020 

IPO Shares Listing Date - Oct 05, 2020