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ANGELONEEQ / NSE, BSEListed

Angel Broking Limited

Founded in 1996, Angel One Ltd is among India’s oldest and most trusted stockbroking firms, offering a wide range of financial services such as broking, margin funding, investment advisory, and research through its brands Angel One and Angel Bee, supported by its AI-based tool ARQ. The company has built a strong market presence, holding a 6.3% share on the NSE and managing 2.15 million active broking accounts as of June 2020, with digital transformation playing a major role in its growth. This shift helped Angel One become the fourth-largest broker by active NSE clients and the second-largest in new client additions in Q1 FY21, while reaching access to nearly 79.55 million potential investors by June 2020. Reflecting its rapid expansion and growing investor participation, the company’s average daily trading turnover increased sharply from ₹253,176 million in Q1 FY20 to ₹618,945 million in Q1 FY21.

₹305 - ₹306Open
Listed Price275.00
Listing Gain-10.13%
TimelineBookbuilding IPO
Open22 Sep 2020
Close24 Sep 2020
Allotment30 Sep 2020
Listing05 Oct 2020

Quota Reservation Portions

QIBPortion: 98,03,916 shares
50%
HNIPortion: 29,41,176 shares
15%
RetailPortion: 68,62,743 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 49 shares
₹14,994
sHNI14 lots / 686 shares
₹2,09,916
bHNI67 lots / 3,283 shares
₹10,04,598

About the Company

Founded in 1996, Angel One Ltd is among India’s oldest and most trusted stockbroking firms, offering a wide range of financial services such as broking, margin funding, investment advisory, and research through its brands Angel One and Angel Bee, supported by its AI-based tool ARQ. The company has built a strong market presence, holding a 6.3% share on the NSE and managing 2.15 million active broking accounts as of June 2020, with digital transformation playing a major role in its growth. This shift helped Angel One become the fourth-largest broker by active NSE clients and the second-largest in new client additions in Q1 FY21, while reaching access to nearly 79.55 million potential investors by June 2020. Reflecting its rapid expansion and growing investor participation, the company’s average daily trading turnover increased sharply from ₹253,176 million in Q1 FY20 to ₹618,945 million in Q1 FY21.

Company Promoters

Dinesh D. ThakkaAshok D. ThakkarSunita A. Magnani