Angel Broking, one of the largest retail broking houses, is expected to make its market debut on October 5 after its Rs 600-crore initial public offering public saw the lowest subscription among IPOs launched in 2020 so far.
The offer was subscribed 3.94 times during September 22-24, backed largely by retail investors and qualified institutional buyers, while other IPOs witnessed subscription in the range of 13-151 times.
The company has finalized the basis of allotment. Equity shares could get credited to the accounts of eligible investors by October 1, the schedule provided by the company says.Investors can check the allotment status on the BSE website and the registrar's website.
Allotment Status: Angle Broking allotment status
Allotment Status: Angle Broking allotment status
Angel Broking IPO to list on NSE and BSE on 5 October 2020, Monday at 10:00 AM. The IPO was not able to get the good subscription numbers from QIB and HNI though the IPO subscribed fully. As per the GMP started well, it came down and current GMP is in discount last heard. Angel Broking IPO subscribed 3.94x times, QIB 5.74x, HNI 0.69x and RII 4.31x times overall. Lets see how it will perform on the listing day.
Update: Angel Broking IPO Listed at ₹- on NSE and at ₹- on BSE.
Angel Broking IPO Listing Price: Live Quote
| Details | BSE Listing | NSE Listing |
| Listing Price |
₹0.00
|
₹0.00
|
| High Price |
₹0.00
|
₹0.00
|
| Low Price |
₹0.00
|
₹0.00
|
| Close Price |
₹0.00
|
₹0.00
|
| BSE Code | 543235 |
| NSE Code | ANGELBRKG |
| Group | B |
| ISIN No | INE732I01013 |
| Offer Price | ₹306 |
| Face Value | ₹10 |
| Listing Date | 5 October 2020, Monday |
Angel Broking IPO Subscription Numbers
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 5.74x |
| HNI | 0.16x | 0.31x | 0.69x |
| RII | 1.46x | 2.79x | 4.31x |
| EMP | N/A | N/A | N/A |
| Total | 0.76x | 1.46x | 3.94x |
Angel Broking IPO Dates & Price Band:
| IPO Open: | 22 September 2020 |
| IPO Close: | 24 September 2020 |
| IPO Size: | Approx ₹600 Crores (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹305 - ₹306 Per Share |
| Listing on: | BSE and NSE |
| Retail Portion: | 35% |
| Equity: | 1,96,07,842 Shares |
| Discount: | - |
Angel Broking IPO Market Lot:
| Lot Size: | Minimum 49 Shares & Maximum 637 Shares |
| Minimum Amount: | ₹14,994 |
| Maximum Amount: | ₹194,922 |
Angel Broking IPO Allotment & Listing:
| Basis of Allotment: | 29 September 2020 |
| Refunds: | 30 September 2020 |
| Credit to Demat Account: | 1 October 2020 |
| Listing Date: | 5 October 2020 |
Angel Broking IPO Listing FAQs:
When is Angel Broking IPO Listing Date?
Angel Broking IPO listing date is 5 October 2020.
What will be Angel Broking IPO Listing Price
The IPO might list at Discount as per the market speculations.
Will Angel Broking will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
What is a BSE and NSE Code for the Angel Broking IPO?
The BSE Code is 543235 while NSE Code is ANGELBRKG.
