Offer For Sale (OFS) - April 2022
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 18001020.
Scrip Name | Category | Time Window | Floor Price |
INEOSSTYRO | Non-Retail | 19-Apr, 9:30am - 3:30pm | Rs. 800 |
INEOSSTYRO | Retail | 20-Apr, 9:30am - 3:30pm | Rs. 800 |
SEJAL | Non-Retail | 06-Apr, 9:30am - 3:30pm | Rs. 280 |
SEJAL | Retail | 07-Apr, 9:30am - 3:30pm | Rs. 280 |
Buybacks, Takeovers and Delisting - April 2022
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:
- Write to us at support@angelbroking.com or
- Call us on 18001020
Scrip Name | Sub Type | Start Date | End Date | Floor Price |
AMRITCORP | Delisting | 25-04-22 | 05-05-22 | Rs. 812 |
SYLPH | Takeover | 28-04-2022 | 12-05-2022 | Rs. 9.25 |
TANFACIND | Takeover | 22-04-2022 | 06-05-2022 | Rs. 595 |
IOSYSTEM | Takeover | 22-04-2022 | 06-05-2022 | Re. 1 |
PANTH | Takeover | 19-04-2022 | 02-05-2022 | Rs. 13 |
TTIENT | Takeover | 19-04-2022 | 02-05-2022 | Rs. 9.50 |
FDC | Buyback | 12-04-2022 | 27-04-2022 | Rs. 475 |
MEWATZI | Takeover | 08-04-2022 | 25-04-2022 | Rs. 10 |
AMANITRA | Takeover | 05-04-2022 | 20-04-2022 | Rs. 29 |
AARVINFRA | Takeover | 04-04-2022 | 19-04-2022 | Rs. 3.6 |
PEARLAPT | Delisting | 04-04-2022 | 08-04-2022 | Rs. 44.05 |
[01-Apr-22] NIFTY Quantity Freeze Limit Revised
As per a recent NSE Circular, Quantity Freeze Limit for NIFTY has been revised w.e.f 01-Apr-22.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
Settlement Holiday: 01-Apr
01-Apr-22 is a Settlement Holiday due to Annual Bank Closing. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.
What this means for you:
- You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
- Your credit balance for 01-Apr will not include the following:
Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.
Revealed: New Identity of WABCOINDIA
WABCO India Ltd (subsidiary of WABCO Holdings Inc. USA) is a leading supplier of technologies and services that improve the safety, efficiency, and connectivity of commercial vehicles in India. The company designs, manufactures and markets conventional braking products advanced braking systems, and other related air-assisted products and systems. Recently, WABCO India Limited has changed its name to ZF Commercial Vehicle Control Systems India Limited.
The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of BSE, the name and symbol of WABCO India Limited will be changed as follows w.e.f 01-Apr-22.
Please take note of the change. Happy Trading!
Offer For Sale (OFS) - March 2022
Amalgamation of companies with Hindustan Udyog Limited
National Company Law Tribunal, Kolkata under Companies Act, 2013 has sanctioned the amalgamation of the following transferor companies with the transferee company Hindustan Udyog Limited (HUL):
- Tea Time Ltd.
- Neptune Exports Ltd.
- Northern Projects Ltd.
- Orient International Limited (Not listed)
In consideration of the scheme of amalgamation, the shareholders of the transferor companies are to be credited fully paid equity shares of HUL in the following Share Exchange Ratio:
For the scheme of amalgamation, the record date is set as 30-Mar-22. In this regard, BSE advised not to deal in the equity shares of transferor companies from 30-Mar-22.
Revealed: New Identity of BNKCAP
BNK Capital Markets Ltd. was set up in the year 1986 and started as a leasing and finance company and later got into Merchant Banking, Financial and Investment Advisory Services. Today BNK Capital is an NBFC and engaged in investment banking distribution services, corporate finance, and advisory services. Recently, BNK Capital Markets Ltd. has changed its name to Quest Capital Markets Ltd.
The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of BSE, the name and symbol of BNK Capital Markets Limited will be changed as follows w.e.f 30-Mar-22.
Please take note of the change. Happy Trading!
Circulars: BSE
IPO Alert: Hariom Pipe Industries Ltd.
Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company manufactures MS Pipes and Scaffoldings of more than 150 different specifications, and mainly sells MS Pipes through more than 200 distributors and dealers.
Bid/Offer Opens On | Wednesday 30-Mar-22 |
Bid/Offer Closes On | Tuesday 05-Apr-22 |
Price Band | Rs. 144 - Rs. 153 per equity share |
Lot Size | 98 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 08-Apr-22 |
Initiation of Refunds | 11-Apr-22 |
Credit of Shares to Demat Acct | 12-Apr-22 |
IPO Shares Listing Date | 13-Apr-22 |
UPI mandate expiry date | 15-Apr-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
IPO Alert: Veranda Learning Solution Ltd.
Veranda is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates, professionals and corporate employees enrolled with their courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term up-skilling and re-skilling courses.
Bid/Offer Opens On | Tuesday 29-Mar-22 |
Bid/Offer Closes On | Thursday 31-Mar-22 |
Price Band | Rs. 130 - Rs. 137 per equity share |
Lot Size | 100 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 05-Apr-22 |
Initiation of Refunds | 06-Apr-22 |
Credit of Shares to Demat Acct | 06-Apr-22 |
IPO Shares Listing Date | 07-Apr-22 |
UPI mandate expiry date | 11-Apr-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.