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| Issue Open | Sep 22, 2020 |
| Issue Close | Sep 24, 2020 |
| IPO Price | ₹306 |
| Face Value | ₹10 |
| IPO Size | ₹600.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 49 |
Angel Broking IPO subscribed 3.94 times. The public issue subscribed 4.31 times in the retail category, 5.74 times in QIB, and 0.69 times in the NII category by Sep 24, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 5.74 |
| Non-Institutional Buyers | 0.69 |
| Retail Investors | 4.31 |
| Employees | [.] |
| Others | [.] |
| Total | 3.94 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1 | 0.00 | 0.16 | 1.46 | 0.76 |
Day 2 | 0.00 | 0.31 | 2.79 | 1.46 |
Day 3 | 5.74 | 0.69 | 4.31 | 3.94 |
Angel Broking IPO is a public issue of 13,770,491 equity shares. The issue offers 6,885,246 shares to retail investors, 3,934,425 shares to qualified institutional buyers, and 2,950,820 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 3,934,425 | 28.57% |
| NII | 2,950,820 | 21.43% |
| Retail | 6,885,246 | 50.00% |
| Total | 13,770,491 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Angel Broking IPO is subscribed 3.94 by Sep 24, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 5.74 |
| Non Institutional | 0.69 |
| Retail Individual | 4.31 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 3.94 |
An investor can apply in Angel Broking IPO online via bank (using ASBA) or the broker (using UPI). The Angel Broking IPO shares are offered online only.
The Angel Broking IPO is subscribed 3.94 by Sep 24, 2020.
The Angel Broking IPO allotment status is expected on or around Sep 29, 2020. Visit Angel Broking IPO allotment status to check.
Visit Angel Broking IPO subscription status page for real-time bidding information about Angel Broking IPO.
| IPO Opens On | Sep 22, 2020 |
| IPO Closes On | Sep 24, 2020 |
| Finalisation of Basis of Allotment | Sep 29, 2020 |
| Initiation of Refunds | Sep 30, 2020 |
| Credit of Shares to Demat Account | Oct 1, 2020 |
| IPO Listing Date | Oct 5, 2020 |
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