
Financial Services / Finance & Broking · NSE / BSE
Founded in 1996, Angel One Ltd is among India’s oldest and most trusted stockbroking firms, offering a wide range of financial services such as broking, margin funding, investment advisory, and research through its brands Angel One and Angel Bee, supported by its AI-based tool ARQ. The company has built a strong market presence, holding a 6.3% share on the NSE and managing 2.15 million active broking accounts as of June 2020, with digital transformation playing a major role in its growth. This shift helped Angel One become the fourth-largest broker by active NSE clients and the second-largest in new client additions in Q1 FY21, while reaching access to nearly 79.55 million potential investors by June 2020. Reflecting its rapid expansion and growing investor participation, the company’s average daily trading turnover increased sharply from ₹253,176 million in Q1 FY20 to ₹618,945 million in Q1 FY21.
Price Band
₹305 – ₹306
Issue Size
₹600 Cr
Lot Size
49 shares
GMP
-1.6%
Est. Listing
₹301
at current GMP
Subscribed
—
Open
22 Sep 2020
Close
24 Sep 2020
Allotment
30 Sep 2020
Refund
1 Oct 2020
Demat Credit
2 Oct 2020
Listing
5 Oct 2020