Angel Broking IPO Closed
Angel broking is launching its public issue.
| IPO date | 22 Sep 2020 – 24 Sep 2020 |
| Listing date | – |
| Price range | 305 – 306 |
| Minimum order quantity | 49 | (D)RHP | View |
Angel Broking Limited is a retail stock brokerage. It is launching a Rs 600 crore public issue which values the brokerage around Rs 2500 crores (post-money at issue price).
You can check the financials of the company from the prospectus below:
| Parameter Rs. millions | Fiscal 2018 (Proforma) | Fiscal 2019 | Fiscal 2020 | Three Months Ended June 30, 2020 |
|---|---|---|---|---|
| Total Revenue from Operations | 7,642.80 | 7,579.78 | 7,246.24 | 2,384.24 |
| Total Income | 7,799.91 | 7,841.13 | 7,547.14 | 2,465.95 |
| Profit before exceptional item and tax | 1,600.33 | 1,281.92 | 1,187.67 | 646.29 |
| Profit for the period / year | 1,070.85 | 798.35 | 823.46 | 473.00 |
| Earnings per equity share for total operations (FV Rs. 10 each) Basic and Diluted EPS (Rs.) | 14.91 | 11.09 | 11.44 | 6.57 |
| Equity | 4,735.74 | 5,314.35 | 5,914.19 | 6,390.80 |
| Return on Networth % | 22.61 | 15.02 | 13.92 | 7.40 (not annualised) |
| Net Asset Value per Share of face value of ₹ 10 each (Rs.) | 82.15 | 88.77 |
How do I apply for the Angel Broking IPO?
You can apply for the Angel Broking IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.