Sharekhan

September 21, 2020

This is to inform you that Angel Broking Limited is coming out with a public issue to raise Rs.600 crore from the market.

The issue opens on September 22 and closes on September 24, 2020.

Details of the Angel Broking Limited IPO

Company Details	:	Angel Broking Limited is one of the largest retail broking houses in India in terms of active clients on NSE as of June 30, 2020 (Source: CRISIL Report). Company is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of its Subsidiaries, AFPL) and financial products distribution to its clients under the brand “Angel Broking”. Companies broking and allied services are offered through (i) online and digital platforms, and (ii) network of over 11,000 Authorised Persons (the “Authorised Persons”), as of June 30, 2020. Company has more than 4.39 million downloads of its Angel Broking mobile application and nearly 1 million downloads of its Angel BEE mobile application as of June 30, 2020, which enable its clients to avail its services digitally. Digital marketing has enabled the Company to garner 398 million digital impressions in June, 2020 on its various online and digital platforms. Companies customer outreach, spans across approximately 96.87% or 18,649 pin codes in India as of June 30, 2020. Company manage ₹ 132,540 million in client assets and over 2.15 million operational broking accounts as of June 30, 2020. Company have received several awards, certificates and accolades for its services and products, including ‘Best performing Retail Member’ award at Market Achievers Awards organised by NSE for three consecutive years, ‘Trendsetter’ award at the NetApp - Innovation Awards 2019, ‘Best Marketing Campaign of the Year 2019 in India’ organized by Tefla’s, ‘Digital First Organisation of the Year 2019 in India’ organised by Tefla’s, ‘Franchise 100 India’s Top Franchises, 2019’certified by Franchise India, the ‘Fulcrums of Commodity Derivatives Market’ award by MCX for 2018, one of the ‘top volume Performers in Equity Retail Segment 2016 - 17’ by BSE, ‘Fintech Trading Platform of the Year by moneytech’17 Awards organised by BusinessEx.com and the ‘Best Technology House of the Year’ in 2016.
Issue Period	:	Offer opens on: Tuesday, September 22, 2020 Offer closes on: Thursday, September 24, 2020
Price Band	:	Rs.305 to Rs.306 per equity share
Bid Lot	:	49 shares and in multiples thereof
Issue Size	:	Rs.600 crore
Issue break-up	:	QIB: 50% of the net offer, ie Rs.300 crore NIB: 15% of the net offer, ie Rs.90 crore RET: 35% of the net offer, ie Rs.210 crore
Listing	:	National Stock Exchange and Bombay Stock Exchange
Registrar	:	Link Intime India Private Limited
UPI	:	All retail applications through brokers are compulsorily in UPI mode

Watch these 4 videos to know how to apply for the Angel Broking Limited IPO online easily

Step 1: Create an UPI ID

Create UPI ID

Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Remember these points while applying for IPOs

With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.

Currently, UPI works on the following mobile applications:

Name of App (Supported Platforms)	VPA Handle
BHIM Baroda Pay (only Android)	@BARODAMPAY
BHIM Oriental Pay (Only Android)	@obc
BHIM RBL Pay (Android & iOS)	@rbl
BHIM (android & iOS)	@upi
BHIM ALLBANK UPI (only Android)	@allbank
BHIM Axis Pay (only android)	@axisbank
BHIM IndusPay (only Android)	@indus
BHIM Lotza UPI (only Android)	@federal
BHIM SBIPay (only android)	@sbi
Citi Mobile (android & iOS)	@citi & @citigold
Google Pay (android & iOS)	@okhdfcbank \| @okaxis \| @oksbi \| @okicici
HSBC Simply Pay (android & iOS)	@hsbc
iMobile by ICICI Bank (android users)	@icici
Kotak Mobile Banking App (Android)	@kotak
Phone-Pe (android & iOS)	@ybl
SIB Mirror+ (only Android)	@sib

To avoid rejection, download the latest version of the app.
Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
If you forget the UPI PIN, simply reset it instead of entering a wrong one.
If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.

Published by Team Internal Communications
This newsletter is for internal circulation only. It may not be published, reproduced or quoted in part or in whole, nor may it be published on social media without prior consent. The content is strictly copyright and reproduction of the whole or part of it in any form is prohibited without written permission from the Internal Communications department of Sharekhan.

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