Announcements

Below are the list of Upcoming IPOs:

Symbol: ANGELONE
Date: 22-Sep-2020 – 24-Sep-2020
Price range: Rs. 305 – 306
Issuer Company: Angel One Limited
IPO Lot Size: 44 Equity Shares and in multiples thereof
Click here to APPLY NOW

Symbol: CHEMCON
Date: 21-Sep-2020 – 23-Sep-2020
Price range: Rs. 338 – 340
Issuer Company: Chemcon Speciality Chemicals Limited
IPO Lot Size: 44 Equity Shares and in multiples thereof
Click here to APPLY NOW

Symbol: CAMS
Date: 21-Sep-2020 – 23-Sep-2020
Price range: Rs. 1229 – 1230
Issuer Company: Computer Age Management Services Limited
IPO Lot Size: 12 Equity Shares and in multiples thereof
Click here to APPLY NOW

READ IPO REVIEW & ANALYSIS REPORT
Click here to know: How to Apply for IPO On Angel Broking?

You can check NPCI explanation of the UPI ASBA process here in Sindhi, Gujarati, Tamil, Hindi and English

SEBI issued a circular on the 11th of September 2020 with a view to diversify the investments of underlying investments of multi-cap funds across mid and small caps. Under the new guidelines SEBI has proposed raising the minimum investment in equities for Multi Cap Funds to 75% of assets from the earlier 65% along with other proposed changes listed below:

• Minimum investment of 25% of total assets in large cap companies.
• Minimum investment of 25% of total assets in mid cap companies.
• Minimum investment of 25% of total assets in small cap companies.

Mutual Funds have time until 1st Feb 2021 to comply with these rules.
These new rules will usher in a broader market rally. several expect many small and midcaps stocks might rally early next week in anticipation of probably augmented exposure by AMCs in these segments. Investors mustnt blindly rush in and get any and each stock in these segments on the back of probably flows by domestic institutional players, invest given that one is comfy with the basics and convinced concerning growth prospects of the company because it is that the solely driving factor in the longer haul.

How to benefit out of it?: Download the Stocks Recommendation Report

Click here to read full Circular: [SEBI] Circular on Asset Allocation of Multi Cap Funds

Following Companies share are available forNew Fund Offer (NFO): The offer period and Price are mentioned along with them.:

Mirae Asset Equity Allocator Fund of Fund
• Offer period: 08 Sep 2020 - 15 Sep 2020
• Allocation Date: 22 Sep 2020
• Min for First Investment:Rs.5000
• Min for Second Investment:Rs.1000

Invesco India Focused 20 Equity Fund Direct - Growth - NFO
• Offer period: 09 Sep 2020- 23 Sep 2020
• Allocation Date: 30 Sep 2020
• Min for First Investment:Rs.1000
• Min for Second Investment:Rs.1000

Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO
• Offer period: 04 Sep 2020 - 18 Sep 2020
• Allocation Date: 24 Sep 2020
• Min for First Investment:Rs.5000
• Min for Second Investment:Rs.5000

You can easily apply through your Angel Bee App mentioned as below:
• Login to Angel BEE using your ABMA User ID & Password
• Click the menu icon with three lines on the top left corner
• Click on NFO
• Tap on desired fund and Buy
Click here to download ANGEL BEE App

The Route Mobile IPO will opens for subscription on Sept 9, 2020. The price band of the offer has been fixed at Rs 345-350 per equity share. At the upper end of the price band, the IPO will fetch Rs. 600 crore. Other relevant details are mentioned as below:
Click here to APPLY
Date: 09 Sep 2020 – 11 Sep 2020
Price range: Rs. 345 – 350
IPO Lot Size: 40
View (D)RHP
READ IPO REVIEW & ANALYSIS REPORT
Click here to know: How to Apply for IPO On Angel Broking?

You can check NPCI explanation of the UPI ASBA process here in Sindhi, Gujarati, Tamil, Hindi and English

The IPO of Happiest Minds Technologies opens for subscription. The price band of the offer has been fixed at Rs. 165 to Rs. 166 per equity share. At the upper end of the price band, the IPO will fetch Rs. 702 crore. Other relevant details are mentioned as below:
Click here to APPLY
Date: 07 Sep 2020 – 09 Sep 2020
Price range: Rs. 165 – 166
IPO Lot Size: 90
Click here to read: IPO REVIEW Happiest Minds Technologies Ltd
Click here to know: How to Apply for IPO On Angel Broking?
You can also use Angel Broking Mobile App to apply for IPO. Please follow the steps mentioned as below:
• Log into the ABMA app
• Click the menu icon with three lines on the top left corner
• Click on Trade Section with drop down menu
• Click on IPO option
You can check NPCI explanation of the UPI ASBA process here in Sindhi, Gujarati, Tamil, Hindi and English

September 1st and 2nd auction for short delivered trades will be settled on September 7th, 2020.
Read the NSE circular [NSE] Auction for settlement no. 2020168

As per new Exchange directive following relaxation will be applicable from September 1, 2020 to September 15, 2020:
• No Margin shortfall/ Non collection Penalty
• BTST & Option Sell Credit will be available to use across all the segment

Click here to read circular: NSE Circular

SEBI, the regulator of Indian Stock Markets, has made two major regulatory changes from September 1, 2020:
• Upfront margin requirements for Equities and F&O across NSE, BSE, MCX, NCDEX
• The method of pledging & Re-pledging of stocks for additional Collateral Margins

What is new Margin System?
• Upfront margin requirement for all buy and sell trades.
For e.g.: In capital segment, Trading Members (TM) are required to mandatorily collect VaR +ELM (not less than 20%) margins from the clients on an upfront before execution of trades.
• MTM & Other margins can be deposited by T+1 day for Derivatives and T+2 day for Equity. Shortfall, if any, shall be liable to penalties.

What is New Pledging Mechanism?
Until now your broker was providing you the collateral margin for trading, by moving the stocks from your Demat account to Broker’s pool account and in turn to the clearing corporation. From September 1, 2020 onwards, stocks will remain in your Demat account and you can create a pledge in favour of your broker and which in turn can re-pledge to the clearing corporation to avail the benefits of limits/margin.
Over the past few weeks, we have made changes in our Trading apps (Web & Mobile) with new features as Margin against Holding under Funds section. Secondly, we have released all securities from pool account to the customer Demat account and requested the customers to repledged those securities using the new mechanism.

Will the profit earned from intraday trading be available on T-day or T+1 day?
No, profits made from intraday trading will be available for further trade only after settlement done by exchange. For Derivatives it will be T+1 and for Equity it will be T+2

When would the MTM profit be available from selling Futures Position?
For trades related to MTM, profits made by selling the Futures position will be available after settlement by exchange on T+1

Can I use Option sell credit to buy options on the same trading day?
When you exit your long/buy option positions or enter new write/short options, the proceeds or credit of option premium can be used for only new long/buy option trades on the same trading day and only within the same segment. However, the proceeds or credit of option premium can be used to trade for any other segment like equity or currency or commodities only after settlement by exchange.

Can I still do BTST(Buy Today Sell Tomorrow) trades?
Yes, you can sell your stock on T+1. But the proceeds from sell trade cannot be used for further transactions on T+2.

How much time does it take to update Limit/Margin after successfully completing the Pledge process?
It takes around 15-30 minutes for Limit/Margin to update after successfully completing the Pledge process at CDSL.

Where can I see the Pledge shares for my account?
On Mobile and Web app: Go to Funds – Margin against Holding – Withdraw

What are the charges for Margin pledge, unpledge and invocation charges?
• Rs. 50/ + GST - per ISIN for Basic Service Demat Account (BSDA) clients
• Rs. 20/ + GST - per ISIN for Non-BSDA clients

Can excess margin/collateral available in MTF ledgers be considered towards Margins of non-MTF transactions?
Excess margin/collateral available in MTF ledgers cannot be considered towards Margins of non-MTF transactions.

How to avoid penalties?
It is advised that you Pledge stocks of sufficient amount or maintain a sufficient balance in your trading account to avoid any penalties.

If you have any issues just contact our customer care team, they will help you with the process:
support@angelbroking.com
022-68071111 / 022-42185454

Sovereign Gold Bonds 2020-21 – Series VI will be open for subscription from August 31, 2020, 9:00 AM until September 4, 2020, 3:30 PM. Details of the issue are as below:

Security symbol - SGB202106
Issue Price - 5067 (After a discount of Rs 50)
Minimum Bid Quantity- 1 (gram)
Maximum Bid Quantity- 4000 (grams) for Individual, HUF

Following Companies share are available forNew Fund Offer (NFO): The offer period and Price are mentioned along with them.:

Baroda Large & Mid Cap Fund- NFO
• Offer period: Aug 17-31, 2020
• Allocation Date: 04 Sep 2020
• Min for First Investment:Rs.5000
• Min for Second Investment:Rs.1000

Nippon India Multi Asset Fund Direct - Growth - NFO
• Offer period: Aug 07-21, 2020
• Allocation Date:27 Aug 2020
• Min for First Investment:Rs.5000
• Min for Second Investment:Rs.1000

You can easily apply through your Angel Bee App mentioned as below:
• Login to Angel BEE using your ABMA User ID & Password
• Click the menu icon with three lines on the top left corner
• Click on NFO
• Tap on desired fund and Buy
Click here to download ANGEL BEE App