Angel Broking IPO Closed

Angel broking is launching its public issue.

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Date 22 Sep 2020 – 24 Sep 2020
Price range 305 – 306
Minimum order quantity 49
(D)RHP View

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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.