Issue Period: Tuesday, September 22 - Thursday 24, 2020

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:

1. Broking and Advisory
2. Margin Trading Facility
3. Investor Education
4. Loans against shares
5. Research Services

Competitive Strengths:

1. Strong brand name
2. Advanced technology and digitalization
3. Strong client base
4. Pan-India presence
5. Strong financial performance

Company Promoters:

Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani are the promoters of the company.

Particulars	For the year/period ended (₹ in Million)
	30 June 2020	31 March 2020	31 March 2019	31 March 2018
Total Assets	29,731.02	21,592.05	21,690.56	22,828.67
Total Revenue	2,440.86	7,427.79	7,626.47	7,536.55
Profit After Tax	381.83	866.24	766.94	1,010.52

Objects of the Issue:

The Net Proceeds from the fresh Issue will be utilised towards the following objects:
1. To meet working capital requirements; and
2. General corporate purposes

(Read Detailed Report)

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