IPO Alert: Indigo Paints Ltd

Indigo Paints is the fastest growing amongst the top five paint companies in India.Company manufacture a complete range of decorative paints includin…

Indigo Paints is the fastest growing amongst the top five paint companies in India.
Company manufacture a complete range of decorative paints including emulsions,
enamels, wood coatings, distempers, primers, putties and cement paints.

Bid/Offer Opens OnWednesday, 20th January, 2021
Bid/Offer Closes OnFriday, 22nd January, 2021
Price BandRs. 1488 - Rs. 1490
Lot Size10 shares and in multiple thereafter

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IRFC is a public-sector enterprise under the Ministry of Railway (MOR), primarily engaged in financing acquisition of rolling stock assets, leasing r…

IRFC is a public-sector enterprise under the Ministry of Railway (MOR), primarily engaged in financing acquisition of rolling stock assets, leasing railway infrastructure, and lending to entities under MOR. The unit is responsible for raising funds to finance various MOR projects. The role of IRFC is critical to the growth of Indian Railways. In 2019 fiscal, IRFC financed Rs. 525.35 billion to Indian Railways, accounting for 39.34 percent of its total expenditure of Rs. 1,334 billion.

Bid/Offer Opens OnMonday, 18th January, 2021
Bid/Offer Closes OnWednesday, 20th January, 2021
Price BandRs. 25 - Rs. 26
Market Lot575 shares

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Now Open: SGB 2020-21 – Series X

Security SymbolIssue PeriodDate of AllotmentIssue Price per gramSGB202109January 11 2021 - January 15, 2021January 19, 2021- Offline Bid: Rs 5,104- O…
Security SymbolIssue PeriodDate of AllotmentIssue Price per gram
SGB202109January 11 2021 - January 15, 2021January 19, 2021- Offline Bid: Rs 5,104
- Online Bid: Rs 5,054 (if you apply online and pay via digital mode)

The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.

Here are Top 5 Super Benefits that SGBs provide:

  1. No storage risk or cost
  2. No default risk
  3. No GST or STT
  4. Tradable on exchanges
  5. Can be used as Loan Collateral

Read more about SGBs >>>

Apply Now

Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request: Contact your sub brokerIn case you don't have a sub broker, ca…

Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:

  • Contact your sub broker
  • In case you don't have a sub broker, call us on 022-68071111 | 022-42185454
Scrip NameCategoryTime WindowFloor Price
FMGOETZERetailJanuary 27, 9:15 AM - 3:30 PMRs.305
FMGOETZENon-RetailJanuary 25, 9:15 AM - 3:30 PMRs. 305
SIELFNSNon-RetailJanuary 19, 9:15 AM - 3:30 PMRs. 1.5
SIELFNSRetailJanuary 20, 9:15 AM - 3:30 PMRs. 1.5
SAILNon-RetailJanuary 14, 9:15 AM - 3:30 PMRs. 64
SAILRetailJanuary 15, 9:15 AM - 3:30 PMRs. 64
DCALNon-RetailJanuary 12, 9:15 AM - 3:30 PMRs. 140
DCALRetailJanuary 13, 9:15 AM - 3:30 PMRs. 140
WENDTNon-RetailJanuary 7, 9:15 AM - 3:30 PMRs. 2200
WENDTRetailJanuary 8, 9:15 AM - 3:30 PMRs. 2200
Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of …

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com

Scrip NameSub TypeStart DateEnd DateFloor Price
VANDANATakeover29-01-202111-02-2021Rs. 0.4
JMABuyback25-01-202108-02-2021Rs. 36
MEHTAHG Takeover22-01-202105-02-2021Rs. 10
ENGINERSINBuyback22-01-202105-02-2021Rs. 84
NIDHGRNTakeover21-01-202104-02-2021Rs. 29
GARFIBRESBuyback19-01-202102-02-2021Rs. 2300
TEJASSVITakeover12-01-202125-01-2021Rs. 0.55
PRESOFITakeover12-01-202125-01-2021Rs. 3
FRASERTakeover08-01-202121-01-2021Rs. 6
SHYAMTELDelisting07-01-202113-01-2021Rs. 6.15
HINDEVERTakeover01-01-202114-01-2021Rs. 97
KANCHI Buyback31-12-202013-01-2021Rs. 405
HIKLASSTakeover30-12-202012-01-2021Rs. 17.80
MAYURUNIQBuyback30-12-202012-01-2021Rs. 400
WIPROBuyback28-12-202011-01-2021Rs. 400
TCSBuyback17-12-202001-01-2021Rs. 3000
Security SymbolIssue PeriodDate of AllotmentIssue Price per gramSGB202109December 28 2020 - January 01, 2021January 05, 2021- Offline Bid: Rs 5,000- …
Security SymbolIssue PeriodDate of AllotmentIssue Price per gram
SGB202109December 28 2020 - January 01, 2021January 05, 2021- Offline Bid: Rs 5,000
- Online Bid: Rs 4,950 (if you apply online and pay via digital mode)

The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.

Here are Top 5 Super Benefits that SGBs provide:

  1. No storage risk or cost
  2. No default risk
  3. No GST or STT
  4. Tradable on exchanges
  5. Can be used as Loan Collateral

Read more about SGBs >>>

Apply Now

In its recent circular, MCXCCL has reviewed the Risk Management Measures for Crude Oil Contracts. Here is a quick synopsis of the key highlights whic…

In its recent circular, MCXCCL has reviewed the Risk Management Measures for Crude Oil Contracts. Here is a quick synopsis of the key highlights which will come into effect from Dec 23, 2020:

  • Reduction in Initial Margins:
    For all existing and to be launched Crude Oil contracts, Minimum Initial Margin / Short Option Minimum Margin revised from 100% to 50%
  • Additional Margins Withdrawn:
    Withdrawal of Additional Margin of Rs. 1,00,000 (near month) and Rs.50,000 (other expiries) levied on Crude Oil Futures contracts and on Short Side of Crude Oil Options contracts.

Consider this Example for better understanding: For a CRUDEOIL FUT 19JAN21

Current priceRequired Margin
Before Dec 23, 2020
Required Margin
From Dec 23, 2020 Onwards
Rs. 3420Rs. 4,46,275

Rs. 3,42,000
(Initial 100% margin)
+
Rs. 1,00,000
(Additional Margin)
+
Rs. 4,275
(1.25% Extreme Loss Margin)
Rs. 1,75,275

Rs. 1,71,000
(Initial 50% margin)


+

Rs. 4,275
(1.25% Extreme Loss Margin)

For more details, please refer the MCX Circular.

Incorporated in 2001, Antony Waste Handling Cell Limited is engaged in offering Municipal Solid Waste (MSW) Management services. The service range of…

Incorporated in 2001, Antony Waste Handling Cell Limited is engaged in offering Municipal Solid Waste (MSW) Management services. The service range of the company includes solid waste collection, transportation, processing and disposal services to Indian municipalities. It has in-house expertise in landfill construction and management sector.

Bid/Offer Opens OnMonday, 21st December, 2020
Bid/Offer Closes OnThursday, 23rd December, 2020
Price BandRs. 313 - Rs. 315
Bid Lot47 equity shares and in multiples thereof

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For More Details:

Please note that w.e.f December 18, 2020, the name and symbol of the following Company shall be changed . ExistingSymbolNew SymbolExisting Name …

Please note that w.e.f December 18, 2020, the name and symbol of the following Company shall be changed .

Existing
Symbol
New SymbolExisting Name of the
Company
New Name of the
Company
INFRATELINDUSTOWERBharti Infratel LimitedIndus Towers Limited

All F&O contracts in the security would be traded under the new symbol with effect from December 18, 2020.

For more details please read the below Circulars:

SEBI has prescribed a new set of guidelines focusing primarily on Peak Margin Collection & Reporting, and these guidelines have come into e…

SEBI has prescribed a new set of guidelines focusing primarily on Peak Margin Collection & Reporting, and these guidelines have come into effect from 01-Dec-20. Here’s a quick synopsis on what’s new and how it affects you and your trading activity.

Before we go to Peak Margin, let’s understand the concept of Margin.

WHAT IS MARGIN & MARGIN REPORTING?

Margin Trading allows you to purchase shares by paying only a part of the trading value. Margin refers to the minimum payment that you have to contribute to place your order.

Prior to 01-Dec-20:

  • Brokers collected upfront margin only for the derivatives segment
  • From 15-Sept-20, brokers also started collecting upfront margin for Cash segment
  • Brokers reported client transactions along with the collected margin to the exchanges and clearing corporations at the end of the day

INTRODUCING PEAK MARGINS

From 01-Dec-20, to calculate the margin obligation, exchanges and clearing corporations will take minimum of 4 random snapshots of trading positions. The highest margin of these 4 snapshots will be considered as the Peak Margin of the day.

EXAMPLE

Snapshot of Positions during the Day

All Values in INR

Amount

Minimum Margin Requirement (VAR + ELM)

PHASE 1

(01-Dec-20 to 28-Feb-21)

Minimum Peak Margin
Requirement

(25% of Minimum Margin Requirement)

Position 1

1,00,000

25,000

6,250

Position 2

1,25,000

31,250

7,812.5

Position 3

50,000

12,500

3,125

Position 4

75,000

18,750

4,687.5

 

Peak Margin Requirement during
the Day

7,812.5

Note: For the above example VAR + ELM is assumed at 25% (20%+5%). Value at Risk (VAR) margin depends on the liquidity of the stock, and varies from scrip to scrip. For instance, for stocks that are part of Group 1 (classified as liquid stocks), the applicable daily VAR is 3.5 times the volatility or 7.5%, whichever is higher. Extreme loss margin (ELM) is computed as 1.5 times the standard deviation of daily returns of the security price in the last six months. Minimum ELM = 5%.

This peak margin will be collected during the day itself, and will be applicable on all segments, including Intraday trades.

WHAT DOES THIS MEAN FOR YOU

  • You will need to pay upfront margin before placing any trade across all segments.
  • You will need to ensure that you maintain an account balance equal to or more than the peak margin requirement in order to execute your order.
  • To avoid margin shortfalls and penalty, Funds Payout will now be processed only pre and post equity market hours (Before 7.30 am and after 5.30 pm).
  • Sale benefit for shares that have been sold from your account on the same day is revised to 80% (as compared to 100% prior to 01-Dec-2020). For example, if you sell your holdings worth Rs.1,00,000, you will now get limit/margin against Rs. 80,000.

4-STAGE IMPLEMENTATION

Here’s another important aspect for you to consider. These guidelines will be implemented in a phased manner from 01-Dec-2020 to September 2021, as mentioned in the table below:

 Date RangeRequired Upfront Peak Margin
(% of the minimum requirement)
Phase 101-Dec-20 to 28-Feb-2125%
Phase 201-Mar-21 to 31-May-2150%
Phase 301-Jun-21 to 31-Aug-2175%
Phase 401-Sept-21 onwards100%

In conclusion, here are 2 recommendations to ensure that you don’t face any disruptions due to inadequate funds:

  • Keep your Angel Broking account well-funded at all times
  • Pledge your shares lying in your Angel Demat account

For more details, feel free to visit the below links.