
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 9,803,922 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,941,176 | — | 0.00x |
| Retail Individual (RII) | 6,862,745 | — | 0.00x |
| Total | 19,607,843 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 140,056 | 140,056 | 1.00x |
| HNIs (10L +) | 896 | 896 | 1.00x |
| HNIs (2-10L) | 4,287 | 4,287 | 1.00x |
| Total Applications | 145,239 | 145,239 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
Currently, Angel Broking Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹305 to ₹306 per equity share.
The retail lot size is 49 shares requiring a minimum application amount of ₹14,994. Expected listing price is ₹301 per equity share.
The Angel Broking Limited IPO aggregate issue size is ₹600 Crores with an equity price band set at ₹305 to ₹306 per equity share. The retail lot size is 49 shares requiring a minimum capital outlay of approx. ₹14,994.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2020-09-30. Investors can verify status using PAN card or application number.
Angel Broking Limited shares are scheduled to list on NSE and BSE on 2020-10-05.