Angel One Ltd IPO (Angel One IPO) Detail

Sep 22, 2020 - Sep 24, 2020

Incorporated in 1996, Angel One Ltd is one of India's oldest stockbroking houses providing broking, marging funding, advisory,and financial services through brands "Angel One" and "Angel Bee" powered by "ARQ". They have a strong market presence with active clientele on the National Stock Exchange (NSE) with a market share of around 6.3% and 2.15 million operational broking accounts as of June 2020.

It's digital transformation helped it being the 4th Largest comapany in terms of active NSE clients and 2nd largest in terms of incremental NSE clients in Q1 - FY21. Angel One being a pioneer in new client activation has access to approximately 79.55 miliion persons as of June 30, 2020. From Q1 FY20 to Q1 FY21, its average daily turnover has been increased from Rs. 253,176 million to Rs. 618,945 million.

Angel One Ltd offers some of the key products and financial services to the clients:

1. Broking and Advisory 2. Margin Trading Facility 3. Investor Education 4. Loans against shares 5. Research Services Competitive Strengths 1. Strong brand name 2. Advanced technology and digitalization 3. Strong client base 4. Pan-India presence 5. Strong financial performance

Important Links

Objects of the Issue

The Net Proceeds from the fresh Issue will be utilised towards the following objects:

1. To meet working capital requirements; and
2. General corporate purposes

Angel One IPO Details

IPO Date Sep 22, 2020 to Sep 24, 2020
Listing Date Oct 5, 2020
Face Value ₹10 per share
Price ₹305 to ₹306 per share
Lot Size 49 Shares
Total Issue Size[.] shares
(aggregating up to ₹600.00 Cr)
Fresh Issue[.] shares
(aggregating up to ₹300.00 Cr)
Offer for Sale[.] shares of ₹10
(aggregating up to ₹300.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Angel One IPO Reservation

QIB Shares Offered3934425
NII (HNI) Shares Offered2950820
Retail Shares Offered6885246
Total Shares Offered13,770,491

Angel One IPO Tentative Timetable

Angel One IPO opens on Sep 22, 2020, and closes on Sep 24, 2020.

Event Tentative Date
Opening Date Sep 22, 2020
Closing Date Sep 24, 2020
Basis of Allotment Sep 29, 2020
Initiation of Refunds Sep 30, 2020
Credit of Shares to Demat Oct 1, 2020
Listing Date Oct 5, 2020
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Angel One IPO Lot Size

The Angel One IPO lot size is 49 shares.

Application Lots Shares Amount
Retail (Min) 1 49 ₹14,994
Retail (Max) 13 637 ₹194,922
Lot Size Calculator

Angel One IPO Promoter Holding

Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani are the promoters of the company.

Pre Issue Share Holding 65.42%
Post Issue Share Holding

Company Financials

Summary of financial Information (Restated)

Particulars For the year/period ended (Rs in Million)
30 June 2020 31 March 2020 31 March 2019 31 March 2018
Total Assets 29,731.02 21,592.05 21,690.56 22,828.67
Total Revenue 2,440.86 7,427.79 7,626.47 7,536.55
Profit After Tax 381.83 866.24 766.94 1,010.52

Angel One IPO Offer Size by Investor Category

The Percentage of Offer Size available for Allotment/allocation:

Category No. of shares %
















Angel One IPO Review (May apply)

[Dilip Davda]  ABL has geared itself for pure digital play in the securities market and become the largest retail broking firm in India. Considering rising trends for stock market investments and an increasing number of investors, this company is poised for bright prospects ahead. Investors may consider investment for the long term. Read detail review...

Angel One IPO Subscription Status (Bidding Detail)

The Angel One IPO is subscribed 3.94 times on Sep 24, 2020 5:00:04 PM. The public issue subscribed 4.31 times in the retail category, 5.74 times in the QIB category, and 0.69 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Angel One IPO Prospectus

Angel One IPO Rating

Rating:Rated 3.7 stars
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Angel One IPO Listing Details

Listing Date Oct 5, 2020
BSE Script Code 543235
ISIN INE732I01013
IPO Price ₹306 per share

Listing Day Trading Information

Price Details
IPO Price
Last Trade

Check IPO Performance…

Company Contact Information

Angel One Ltd
G-1, Ground Floor, Akruti Trade Centre,
Road No. 7, MIDC,
Andheri (East), Mumbai 400 093
Phone: +91 22 4000 3600
Email: investors@angelbroking.com
Website: https://www.angelbroking.com/

Angel One IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: angel.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Angel One IPO FAQs

Angel One IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹600.00 Crores. The issue is priced at ₹305 to ₹306 per 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.

Zerodha customers can apply online in Angel One IPO using UPI as a payment gateway. Zerodha customers can apply in Angel One IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Angel One IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Angel One IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Angel One IPO opens on Sep 22, 2020 and closes on Sep 24, 2020.

Angel One IPO lot size is 49 Shares and the minimum order quantity is .

You can apply in Angel One IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Angel One IPO will be done on Sep 29, 2020, and the allotted shares will be credited to your demat account by Oct 1, 2020. Check the Angel One IPO allotment status.

The Angel One IPO listing date is on Oct 5, 2020.
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Angel One IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



321. IPOANALYSIS |   Link |Oct 30, 2020 9:56:56 AM
All the people giving wrong comments have gone with wind. See price now. Action just started. Angel broking is an excellent company with good management and future multibagger. Some companies like page industries, eicher motor and many other went down on listing day and then we all know the results now
321.1. Nitin Satija |   Link |Oct 31, 2020 1:21:43 AM
Out of 49 alloted shares, 40 sold at Rs 367. Happy with the performance.
320. amit K singh |   Link |Oct 27, 2020 4:35:34 PM
IPO Guru IPO Guru (1000+ Posts, 1500+ Likes)
Angel is up 20% today. Good results...
319. IPO Mitr |   Link |Oct 14, 2020 1:09:36 PM
Angel Broking is heading towards 240-250 range. Short term bottom not formed yet.
319.1. IPO Mitr |   Link |Oct 20, 2020 1:40:08 AM
After 240-250 range...now 230-240 is also reached by this stock.

Bottom is yet to be formed. Be careful. Do not enter at this stage till downward trend movement stops for couple of trading days.

Suno sabki par karo sirf apne man ki.
318. Dhavalbhavsarahmedabad |   Link |Oct 19, 2020 11:03:50 AM
Ye kab chalega...... now 20% down issue prise...
317. yaswanth |   Link |Oct 16, 2020 6:08:40 PM
244 now
20% loss
316. Dhavalbhavsarahmedabad |   Link |Oct 16, 2020 6:07:39 PM
Stoploss hit angel broking 250. Sorry for it.....

If u have stock without stoploss wait target 350... ????????????????????????????
315. Dhavalbhavsarahmedabad |   Link |Oct 14, 2020 7:04:07 PM
Buy at 260 leval sl below 250 target 300+ target prise subject to 3 month till december 2020...
314. IPO Mitr |   Link |Oct 9, 2020 1:19:36 PM
It is fallacious and erroneous to determine the success of an IPO from GMP and subscription.

GMP and subscription are just few indicators of demand of shares in an IPO and demand may not necessarily indicate the quality of IPO.

With easy liquidity and advent of online platform, people believe that success of an IPO is just listing gain. If the same people lose money in few IPOs they will quit IPOs for months if not years.

There are so many factors which determine listing price, it really needs all the factors to be positive for an IPO to give positive listing. Some of this factors are fundamentals, some statistical, some environmental and some coincidental Rigging of these factors by vested interests also takes place in our country where regulators are always found to be sleeping.

Remember an excellent IPO stock at a reasonable valuation was not successful as timing was made unfavorable due to out of the blue and ill-fated lockdown announcement. e.g. SBI Cards

Friends, there is no free lunch anywhere and more so in IPO. There is no sure shot way to earn from IPOs irrespective what so called gurus may say. Till we find such a sure shot method to success....let us all enjoy the ride till it lasts.

313. Nishiket |   Link |Oct 6, 2020 11:13:27 AM
Hello experts, please advise if it is worth to buy Angel Broking at current levels or should we wait for more down side? Please advise.
312. BubbleBoy |   Link |Oct 6, 2020 6:41:54 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
BNP Paribas Arbitrage sold Angel Broking's 5.25l qty @ 280 price = 1469L on opening.
311. Regulagedda Ambica Prasad |   Link |Oct 5, 2020 1:19:13 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Bought at 275
311.1. BatataVada |   Link |Oct 5, 2020 2:33:10 PM (300+ Posts)
Is Angel Broking with holding? I got 1 lot alloted in IPO. Should I average or book loss?
310. GOVINDA SINGH |   Link |Oct 5, 2020 12:29:25 PM
The amount still not realeased ....i have done from phonepe..
309. IPO Mitr |   Link |Oct 5, 2020 10:45:16 AM
In my opinion listing of Angel Broking is decent. When there are so many good stocks available in the market, in my view people should exit Angel and utilize their money in other stocks to get better value out of their money.

Suno sabki par karo sirf apne man ki.
308. KING VINOD |   Link |Oct 5, 2020 9:46:43 AM
IPO Guru IPO Guru (2000+ Posts, 3600+ Likes)
Angel Broking IPO
Listing at 275 down 31 points compared to issue price 306 (10% Discount Listing)
308.1. saurabh bhola |   Link |Oct 5, 2020 9:48:02 AM
new customer should buy or sell
308.2. Srikanth C |   Link |Oct 5, 2020 10:42:00 AM
Do not buy this if you are new customer. Plenty of stocks to buy. Leave this aside as Stock not having any great triggers. If you have got in IPO, time to exit as loss is not much. This is my personal view. Take your own decision.
307. MihirG |   Link |Oct 5, 2020 10:41:42 AM
Hello Folks, Please assist. I have applied for Angel Broking and haven't got the allotment. However, My amt is still not unblocked. I had applied through Sharekhan online portal and my bank is ICICI. Please let me know whom should I contact or write email to get my amt unblock asap. Thank you
306. CanCob |   Link |Oct 5, 2020 10:37:40 AM
operators bechare retail investors ka maal kha gaye , now 5 times more buyer to seller , get ready for upper circuit ie 330.
305. Quality Comment |   Link |Oct 5, 2020 10:02:17 AM
@chemcho: Any suggestion for fresh entry? I haven't applied for an IPO.
305.1. Chem cho |   Link |Oct 5, 2020 10:20:59 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
NO , Long term you may not money
I have brought on listing date at 1335 -1350
my stop loss is 1350
305.2. Quality Comment |   Link |Oct 5, 2020 10:35:28 AM
Thanks, Sir Ji. Planning to sell IPO 1 lot of cams out of 3 but now will hold all 3.
304. PearlRohit |   Link |Oct 5, 2020 10:11:40 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Angel Broking = Seller 707195 Qty - Buyer Qty. 73025 at 10:09 am.
303. Mihir Choksi |   Link |Oct 5, 2020 9:50:39 AM
302. VIJAY CHAWLA |   Link |Oct 5, 2020 9:48:22 AM
Angel Broking , Showing at Rs.31 Discount to IPO Price at Rs.275