Incorporated in 1996, Angel Broking Ltd is one of India's oldest stockbroking houses providing broking, marging funding, advisory,and financial services through brands "Angel Broking" and "Angel Bee" powered by "ARQ". They have a strong market presence with active clientele on the National Stock Exchange (NSE) with a market share of around 6.3% and 2.15 million operational broking accounts as of June 2020.
It's digital transformation helped it being the 4th Largest comapany in terms of active NSE clients and 2nd largest in terms of incremental NSE clients in Q1 - FY21. Angel Broking being a pioneer in new client activation has access to approximately 79.55 miliion persons as of June 30, 2020. From Q1 FY20 to Q1 FY21, its average daily turnover has been increased from Rs. 253,176 million to Rs. 618,945 million.
Angel Broking Ltd offers some of the key products and financial services to the clients:
Competitive Strengths
Company Promoters:
Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani are the promoters of the company.
Company Financials:
Summary of financial Information (Restated)
What is the lot size of Angel Broking IPO?
Angel Broking IPO lot size is 49 Shares and the minimum order quantity is 49 Shares.
When Angel Broking IPO allotment?
The finalization of Basis of Allotment for Angel Broking IPO will be done on Sep 29, 2020, and the allotted shares will be credited to your demat account by Oct 1, 2020.
When is Angel Broking IPO listing date?
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