Angel Broking Limited
ListedMainboardFinancial 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
₹5
-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
Last updated 12 days ago
Official Registrar Verification
Angel Broking Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
30 Sep 2020
Basis finalization
Refunds Initiate
1 Oct 2020
Mandate release
Demat Credit
2 Oct 2020
Shares in demat
Listing Debut
5 Oct 2020
Trading begins
How to Check Angel Broking Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Angel Broking Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Angel Broking Limited Public Issue & Market Profile
Angel Broking Limited is bringing an initial public offering (IPO) in the Financial Services / Finance & Broking sector with an aggregate issue size of ₹600 Crores. The shares are offered at a price band of ₹305 to ₹306 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2020-09-24, the basis of allotment is scheduled to be finalized on 2020-09-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.