Angel Broking is one of the best Stock Broker of India which provides both Full Broker Service as well as Discount Brokerage Service. Angel Broking is about to launch its IPO in the next week. Angel Broking IPO Date is from 22nd September 2020 to 25th September 2020.
Angel Broking was incorporated in the year 1996 and is one of the oldest Stock Brokers in India. Angel Broking provides services such as broking, margin funding, advisory, and financial services.
Angel Broking has a huge PAN India presence with about coverage of 96.87% of the country and is the 4th Largest Company in terms of most active clients by NSE. The main purpose of the Angel Broking IPO is to meet working capital requirements and other general corporate purposes.
Angel Broking IPO Review :
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Angel Broking IPO Review
Angel Broking IPO Date & Price Band
IPO Open:
22 September 2020
IPO Close:
24 September 2020
IPO Size:
Approx ₹600 Crores
Price Band:
₹305 to ₹306 per share
Listing on:
BSE & NSE
Retail Portion:
35%
Equity:
9,352,940 Shares
Face Value:
₹10 Per Equity Share
Angel Broking IPO Market Lot:
Shares: Minimum 49 Shares & Maximum 637 Shares
Minimum Amount: ₹14,994
Maximum Amount: ₹194,922
Angel Broking IPO Allotment & Listing:
Basis of Allotment: Sep 29, 2020
Refunds: Sep 30, 2020
Credit to Demat accounts: Oct 1, 2020
Listing: Oct 5, 2020
Angel Broking IPO Form Download:
Thinking about how to apply the Angel Broking IPO? Here is the answer, You can apply for Angel Broking IPO through the ASBA feature of your bank. Login to your Net Banking option and go to Invest / IPO section. Select the Angel Broking IPO, fill up and check the details and click submit. Another option to apply for Angel Broking IPO is by submitting physical forms to your Bank. For that, you need to download forms – NSE Blank IPO Form / BSE Blank IPO Form, fill the details, and submit the form to the bank.
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