December 06, 2021
110
Incorporated in 2000, Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the…
Incorporated in 2000, Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. They are among the Top-5 residential real estate companies in South India.
| Bid/Offer Opens On | Wednesday, 08-Dec-21 |
| Bid/Offer Closes On | Friday, 10-Dec-21 |
| Price Band | Rs. 113 - Rs. 118 per equity share |
| Lot Size | 125 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 15-Dec-21 |
| Initiation of Refunds | 16-Dec-21 |
| Credit of Shares to Demat Acct | 17-Dec-21 |
| IPO Shares Listing Date | 20-Dec-21 |
| UPI mandate expiry date | 21-Dec-21 |
In case you have not been allotted or 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.
December 02, 2021
84
IPO Alert: RateGain Travel Technologies Ltd.
Incorporated in 1995, RateGain is among the leading distribution technology companies globally and is the largest Software as a Service (“SaaS”) comp…
Incorporated in 1995, RateGain is among the leading distribution technology companies globally and is the largest Software as a Service (“SaaS”) company in the hospitality and travel industry in India.
| Bid/Offer Opens On | Tuesday, 07-Dec-21 |
| Bid/Offer Closes On | Thursday, 09-Dec-21 |
| Price Band | Rs. 405 - Rs. 425 per equity share |
| Lot Size | 35 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 14-Dec-21 |
| Initiation of Refunds | 15-Dec-21 |
| Credit of Shares to Demat Acct | 16-Dec-21 |
| IPO Shares Listing Date | 17-Dec-21 |
| UPI mandate expiry date | 20-Dec-21 |
In case you have not been allotted or 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.
December 02, 2021
65
IPO Alert: Anand Rathi Wealth Ltd.
Incorporated in 1995, ARWL is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the Top-3 non-bank mutual fund …
Incorporated in 1995, ARWL is one of the leading non-bank wealth solutions firms in India and has been ranked amongst the Top-3 non-bank mutual fund distributors in India. The company distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies.
| Bid/Offer Opens On | Thursday, 02-Dec-21 |
| Bid/Offer Closes On | Monday, 06-Dec-21 |
| Price Band | Rs. 635 - Rs. 659 per equity share |
| Lot Size | 27 Shares |
How to apply via ABMA App | How to apply via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 09-Dec-21 |
| Initiation of Refunds | 10-Dec-21 |
| Credit of Shares to Demat Acct | 13-Dec-21 |
| IPO Shares Listing Date | 14-Dec-21 |
| UPI mandate expiry date | 15-Dec-21 |
In case you have not been allotted or 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.
December 01, 2021
60
Buybacks, Takeovers and Delisting - December 2021
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:
- Write to us at support@angelbroking.com or
- Call us on 18001020
| Scrip Name | Sub Type | Start Date | End Date | Floor Price |
| PUNITCO | Takeover | 16-12-21 | 29-12-21 | Rs. 65 |
| MRUTR | Takeover | 14-12-21 | 27-12-21 | Rs. 12.50 |
| MAITRI | Takeover | 13-12-21 | 24-12-21 | Rs. 10.80 |
| DATASOFT | Takeover | 09-12-21 | 22-12-21 | Rs. 3.25 |
| AKSCHEM | Buyback | 08-12-21 | 21-12-21 | Rs. 590 |
| GOLDIAM | Buyback | 26-11-21 | 09-12-21 | Rs. 1200 |
| EIS | Delisting | 30-11-21 | 06-12-21 | Rs. 1306 |
| CHOKSI | Takeover | 30-11-21 | 13-12-21 | Rs. 41 |
December 01, 2021
423
[01-Dec-21] Revised: NIFTY Quantity Freeze Limit
As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY has been revised w.e.f 01-Dec-21.
Below are the Quantity Freeze Limits & M…
As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY has been revised w.e.f 01-Dec-21.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
November 30, 2021
115
IPO Alert: Tega Industries Ltd.
Incorporated in 1976, Tega Industries is a leading manufacturer and distributor of specialized ‘critical to operate’ and recurring consumable product…
Incorporated in 1976, Tega Industries is a leading manufacturer and distributor of specialized ‘critical to operate’ and recurring consumable products for the global mineral benefaction, mining and bulk solids handling industry.
| Bid/Offer Opens On | Wednesday, 01-Dec-21 |
| Bid/Offer Closes On | Friday, 03-Dec-21 |
| Price Band | Rs. 443 - Rs. 453 per equity share |
| Lot Size | 33 Shares |
How to apply via ABMA App | How to apply via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 08-Dec-21 |
| Initiation of Refunds | 09-Dec-21 |
| Credit of Shares to Demat Acct | 10-Dec-21 |
| IPO Shares Listing Date | 13-Dec-21 |
| UPI mandate expiry date | 14-Dec-21 |
In case you have not been allotted or 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.
November 29, 2021
65
Now open SGB 2021-22 Series VIII
Security SymbolIssue PeriodDate of AllotmentIssue Price per gramSGB21220829-Nov-21 to 03-Dec-2107-Dec-21- Offline Bid: Rs. 4,791- Online Bid: Rs. 4,7…
| Security Symbol | Issue Period | Date of Allotment | Issue Price per gram |
|---|---|---|---|
| SGB212208 | 29-Nov-21 to 03-Dec-21 | 07-Dec-21 | - Offline Bid: Rs. 4,791 - Online Bid: Rs. 4,741 (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:
- No storage risk or cost
- No default risk
- No GST or STT
- Tradable on exchanges
- Can be used as Loan Collateral
November 26, 2021
133
IPO Alert: Star Health & Allied Insurance Company Ltd.
Incorporated in 2010, Star Health is and continues to be the largest private health insurer in India with a market share of 15.8% in the Indian healt…
Incorporated in 2010, Star Health is and continues to be the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market. They offer a range of flexible and comprehensive coverage options primarily for retail health, group health, personal accident and overseas travel.
| Bid/Offer Opens On | Tuesday, 30-Nov-21 |
| Bid/Offer Closes On | Thursday, 02-Dec-21 |
| Price Band | Rs. 870 - Rs. 900 per equity share |
| Lot Size | 16 Shares |
How to apply via ABMA App | How to apply via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 7-Dec-21 |
| Initiation of Refunds | 8-Dec-21 |
| Credit of Shares to Demat Acct | 9-Dec-21 |
| IPO Shares Listing Date | 10-Dec-21 |
| UPI mandate expiry date | 13-Dec-21 |
In case you have not been allotted or 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.
November 25, 2021
114
Orders under Delivery Product only on Ledger Credit
As you know, Delivery orders are one of the most common types of orders, and they refer to when you buy, take delivery of the securities and hold the…
As you know, Delivery orders are one of the most common types of orders, and they refer to when you buy, take delivery of the securities and hold them in your account for as long as you want.
At present you can place an order under delivery product type based on Cash + Non-cash credit.
- Cash Credit = Ledger Credit
- Non-cash Credit = Pledged stocks/collateral, etc.
If you have ever placed an Order under Delivery product type using Non-cash credit, you will be aware of the process that follows, viz:
- You have to pay the Non-cash credit used by T+2 day
- Else, you will be charged Penalty till you pay the same,
- And further non-payment will lead to a square-off of shares on T+7 day.
However, now you will be able to place orders under this product type only based on Cash Credit i.e. Ledger Credit.
Given in the table below is a summary of how this small change will simplify your trading experience with orders under Delivery product type.
However, if you would like to purchase stocks using Non-cash credit, you can place your order using Margin or Intraday Product type. You can also continue using your Non-cash credit for all other segments including F&O, Commodities, Currency, etc.
Have more queries? Refer to these FAQs
FAQs
Q. Can I buy a stock under Delivery product on the basis of pledged stocks/collateral?
A. No. You can only buy a stock under Delivery product as per your Ledger Credit (Cash Credit) available.
Q. Can I use margin funding to purchase stocks under Delivery product?
A. No. You need to place your order under Margin product in case you would like to buy a stock using Margin or Margin Trading Facility (MTF).
Q. Will Margin orders also be based on Ledger Credit only?
A. No. Margin orders can be placed using margin against Ledger Credit + Pledged Stock/Collateral.
Q. Does this apply to F&O trades as well?
A. No. This is only applicable for Delivery product type for buy trades in the Cash segment.
Q. Can I use the credit received against stock sold from my holdings for orders under Delivery product?
A. Yes. You can avail 80% credit for sale benefit against stocks sold under Delivery product. This credit can be used to further place a buy order under Delivery product.
Q. Can I convert stocks purchased under margin to Delivery product?
A. Yes. You can do the same during market hours. However, the amount to be converted will depend on your Ledger Credit available.
Q. Can I convert stocks purchased from Delivery to Margin product?
A. Yes. You can convert stocks purchased from Delivery to Margin product during market hours.
Q. If I have a Ledger Credit of Rs 2,00,000 and have purchased stocks worth Rs 1,50,000 today, can I use the remaining credit in the next trading session?
A. Yes. You can use the remaining credit of Rs 50,000 for trading in the next session, assuming that you have not done any other transactions.
November 22, 2021
467
[23 - Nov] MTF Margins Revised
As you know, MTF (Margin Trading Facility) allows you to buy stock by paying a fraction of the total value, while the rest of the amount is funded by…
As you know, MTF (Margin Trading Facility) allows you to buy stock by paying a fraction of the total value, while the rest of the amount is funded by your broker. To hold your positions under MTF, you need to maintain a margin amount that you can either pay in cash or non-cash collateral.
Considering the current market volatility, as a prudent risk management measure, we have revised our RMS policy for trading in MTF product. The below mentioned revisions will be applicable w.e.f 23-Nov-21:
- For Existing Average category scrips, 50% flat or MTF VAR margin specified by the exchange, whichever is higher
- No fresh MTF funding will be allowed on Average category scrips w.e.f. 23-Nov-21
Kindly plan your trades accordingly.
