Angel Broking Limited IPO
Angel Broking Limited was a mainboard IPO, offered at ₹305–₹306 per share to raise ₹600 crore. The issue was subscribed 3.94× overall (QIBs 5.74×, NIIs 0.69×, retail 4.31×). It listed on 5 Oct 2020 at ₹275 and closed its first day at ₹276, a listing loss of -9.9% versus the ₹306 issue price.
Frequently asked questions
- How many times was the Angel Broking Limited IPO subscribed?
- The Angel Broking Limited IPO was subscribed 3.94× overall — 5.74× in the QIB category, 0.69× among non-institutional investors, 4.31× in retail.
- What were the Angel Broking Limited IPO listing gains?
- Angel Broking Limited listed on 5 Oct 2020 at ₹275, closing its first day at ₹276 — a listing loss of -9.9% versus the ₹306 issue price.
- What were the retail allotment odds for the Angel Broking Limited IPO?
- Retail was subscribed 4.31×, so a single-lot application had roughly a 23.2% chance of allotment (about 1 in 4), and allotment was finalised on 29 Sep 2020.
- What was the price band and lot size of the Angel Broking Limited IPO?
- The price band was ₹305–₹306 per share, with a minimum lot of 49 shares (₹14,994 at the upper band).
- Who were the registrar and lead manager for the Angel Broking Limited IPO?
- Link Intime India Private Ltd was the registrar, and Edelweiss Capital was the book-running lead manager.