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IPO Synopsis

Angel Broking Ltd
Registered Office: G-1 Ground Flr Akruti Trade,Centre Road No-7 MIDC Anderi , Mumbai - 400093 , Maharashtra , India.
Phone : 91-22-4000 3600   Fax:91-22-2835 8811
Email :  investors@angelbroking.com  
Website :  www.angelbroking.com
Initial public offer of 19,607,835 equity shares of face value of (Rs)10 each ("equity shares") of Angel Broking Limited ("The company") for cash at a price of (Rs)306 per equity share (including a share premium of (Rs)296 per equity share) aggregating to (Rs)600 Crores comprising a fresh issue of 9,803,921 equity shares by the company aggregating to (Rs)300 Crores (the "fresh issue") and an offer for sale of 9,803,914 equity shares aggregating to (Rs)300.00 crores, comprising of 599,173 equity shares to (Rs)18.335 Crores by Ashok D Thakkar and of 147,058 equity shares aggregating to (Rs)4.50 Crores by Sunita A Magnani (together, the "promoter selling shareholders"), to 3,921,636 equity shares aggregating to (Rs)120.002 Crores by IFC (the "investor selling shareholder") and 5,136,047 equity shares aggregating to (Rs)157.163 Crores by the individual selling shareholders. The promoter selling shareholders, the investor selling shareholder and individual selling shareholders are collectively referred to as the "selling shareholders", and such offer for sale, the ("Offer for sale"). Offer Price : (Rs)306 per equity share of face value of (Rs)10 each Anchor investors offer price : (Rs)306 per equity share The Offer price is 30.6 times the face value of the equity shares

Issue Money Payable On
Opens On Closes On Application Allotment
22-Sep-20 24-Sep-20 (Rs)306.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :49  Further Multiples of :49

  (Rs Cr) Lead Managers to the Issue
Project Cost 300.00 Edelweiss Financial Services Ltd
Project Financed through Current Offer 600.00  
Post Issue Equity Share Capital 81.80  
Issue Price (Rs)306.00  
Projects
To Meet Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Dinesh D Thakkar  
Ashok D Thakkar  
Sunita A Magnani  
Listing At
Mumbai 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd  
 

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Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com

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