Announcements

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.

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The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

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.

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.

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.

Incorporated in 2010, Go Fashion is among the largest women’s bottom-wear brands in India, with a market share of approximately 8% in the branded women’s bottom-wear market in Fiscal 2020. 

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.

How to Check Allotment Status

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.

Incorporated in 1983, Tarsons is a leading Indian life sciences company engaged in the designing, development, manufacturing and marketing of ‘consumables’, ‘reusables’ and ‘others’ including bench-top equipment, used in various laboratories.

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.

How to Check Allotment Status

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.

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

Due to the change in US Daylight Savings timings, MCX trade timings have been revised. The revised trading hours will be in effect from 8-Nov-21 to 11-Mar-22 (both days inclusive). 

Please refer to the table below for the revised timings:

Accordingly, the square-off timings for Intraday Positions of MCX have also been revised. All intraday positions will be squared-off 15 minutes prior to close of trading hours.

For more details, refer to MCX Circular

Incorporated in 1989, the company is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry.  Sigachi Industries has received various quality certifications and operates 3 manufacturing units in India.

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.

How to Check Allotment Status

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.

Incorporated in 2006, Latent View provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions.

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.

How to Check Allotment Status

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.

Take a look at the IPOs we have for you. Check the ratings, do your research, apply and hope for an allotment. We're keeping our fingers crossed!

Please refer the below table for important dates with respect to IPO allotment and listing.

S.J.S Enterprises Limited - Incorporated in 1987, S.J.S is a “design-to-delivery” aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries. Read more...

PB Fintech Limited (Policybazaar) - Incorporated in 2008, PB Fintech has built India’s largest online platforms – ‘Policybazaar’ for Insurance and ‘Paisabazaar’ for lending products leveraging the power of technology, data and innovation. Read more...

Sigachi Industries Limited - Incorporated in 1989, the company is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry.  Sigachi Industries has received various quality certifications and operates 3 manufacturing units in India. Read more...