Angel Broking IPO Review, GMP, Offer Period Issue Details Price Band

Angel Broking IPO Review GMP Offer Period Issue Details provided here. Angel Broking company originally incorporated on August 18, 1996 as M.BNL securities private limited company under the companies act 1956 with the ROC

Also, Qualified Institutional Buyer Portion is not more than 50% of the offer, Retail Individual Investors Portion is not less than 35% of the offer, Non-Institutional Investors Portion is Not less than 15% of the offer.

Here below given first broking company IPO in At least 10 years i.e Angel Broking Limited details. To know the details regarding this particular IPO let’s verify some use full information. Also, follow zeal study

Angel Broking IPO Review

Angel Broking Limited Offer Period Bid/ Offer Opens on 22nd September 2020, Bid/ Offer Closes on Tuesday 24th September 2020 (The anchor investors bidding date shall be 21st September 2020). Also, issue details Fresh Issue of Equity share aggregating up to Rs/-300 crore + Offer for sale of equity shares aggregating up to Rs/-300 crore

  • Issue size prize (Rs.Cr)- Rs/-600 crore
  • Price Band- Rs/-305-306
  • Bid Lot- 49 shares and in multiple there of
  • QIB- 50% of the offer (9,836,064-9,803, 920^ shares) (Rs/-300 CR)
  • NIB-15% of the offer (2,950,820-2,941,177^ shares) (Rs/-90 CR)
  • Retail- 35% of the offer (6, 885,346-6,862,745^ shares) (Rs/-210 Cr)
  • Listing: BSE and NSE

Here provided details only for information purpose. We collect the information from various internet sources. For complete information visit official site only.