Announcements

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

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

Take a look at the IPOs we have for you. Starting the new week with new IPOs (August 9, 10). 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.

Nuvoco Vistas Corporation Limited - Incorporated in 1999, this company is the 5^th largest cement company in India and the largest cement company in East India in terms of capacity. They are one of the leading Ready-Mix Concrete (“RMX”) manufacturers in India, operating 49 RMX Plants, and enhancing their pan-India presence. Read more here

CarTrade Tech Limited - Incorporated in 2000, CarTrade is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. Their platforms operate under several brands- CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz. Read more here

Chemplast Sanmar Limited - Incorporated in 1985, the company is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. CSL is the leading manufacturer of specialty paste PVC resin in India and 3^rd largest manufacturer of caustic soda. Read more here

Aptus Value Housing Finance India Limited - Incorporated in 2009, the company is an entirely retail focused housing finance company primarily serving low and middle income self-employed customers in the rural and semi-urban markets. They are one of the largest housing finance companies in south India in terms of AUM. Read more here

Incorporated in 2009, the company is an entirely retail focused housing finance company primarily serving low and middle income self-employed customers in the rural and semi-urban markets. They are one of the largest housing finance companies in south India in terms of AUM.

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 1985, the company is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. CSL is the leading manufacturer of specialty paste PVC resin in India and 3^rd largest manufacturer of caustic soda.

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.

A brand goes through a metamorphosis as it grows and evolves in response to the needs of the customers and the changing trends. The turn of Angel Broking has arrived now. Angel Broking is unfolding itself as ‘Angel One’, intending to be the one-stop solution for all your financial needs.

When it comes to Angel, metamorphosis is not just changing the name or re-branding but becoming bigger, stronger, smarter and re-inventing ourselves as a platform that promises to be your #OneForAll finance and investment buddy.

Why ‘Angel One’?

When 25 years of expertise and experience in Dalal street collaborated with the relevant technology and trends, one timeless transformation took place, aspiring to become one destination, one preference, one champion for finance and investment, committing to the needs of the new age Indian investors, giving rise to ‘Angel One’.

Our new colors represent us embracing these new changes and reflect our energy and enthusiasm.

• Royal Blue to signify Stability
• Green symbolizing Prosperity & Progress
• Orange to represent Youthful Vibrancy 

We are also revamping our brand language with contemporary styles and incorporating a cool,modern, tech-savvy brand image.

We have empowered millions of Indian retail investors to take part in equity markets in the last 25 years. Now, as Angel One, we aim to inspire every Indian to invest and achieve their financial dreams, making finance and investing easily accessible to everyone in one place.

Now that Angel One is bringing everything under one umbrella to make your finance and investments hassle-free, gear up to realize your financial dreams.

Check out the video of our transformation

Incorporated in 2000, CarTrade is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. Their platforms operate under several brands- CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz.

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 1999, this company is the 5^th largest cement company in India and the largest cement company in East India in terms of capacity. They are one of the leading Ready-Mix Concrete (“RMX”) manufacturers in India, operating 49 RMX Plants, and enhancing their pan-India presence.

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.

The exponential rise in IPO trends in the Indian market indicates the rising interest of investors in IPOs. If you are one of those investors who has ever felt disappointed for not receiving an IPO allotment and are keen to know the reasons behind it, you are at the right place.

Let us take a detailed look at the two possible reasons for not receiving an IPO allotment.

1. Rejection of Application
2. Non-allotment

1. Rejection of Application: Your IPO application may be considered invalid and get rejected due to:

• Multiple applications using the same PAN
• Mismatch of the PAN details with application, bank account and Demat account
• Usage of wrong UPI ID
• Not approving the UPI mandate request on your UPI app
• Entering wrong pin while approving the UPI mandate request

You can avoid application rejection, by following these pointers:

• Follow the thumb-rule of one application per PAN
• Ensure that bank account, Demat account and UPI ID used for the application are mapped to the same PAN, belonging to the same person
• Double check if you have entered the correct UPI ID
• Authorize the IPO mandate on your UPI app as soon as you receive it
• Make sure you enter the correct PIN on your UPI app while authorizing the mandate

2. Non-allotment: Even after having a successful application, you may not receive an IPO allotment  due to over-subscription.

What is IPO Over-subscription?

This is a demand-supply gap scenario. Over-subscription is when the demand for a new public issue of shares is greater than the number of total shares offered.

Suppose company ‘A’ is launching an IPO to raise Rs 10 crore from the market. It has specified,

Price per share = Rs 100-102

So, The number of shares offered = 10 crore/100 10 lakh shares  

What if the company receives more applications than the offered  number of shares?

For example, if the company A receives investor applications for 1 crore shares; its IPO is over-subscribed by 10 times.

Now, the company cannot allot shares to each applicant. In such a case,a computerized lottery is held, leaving the allotment to a chance of luck.

Due to this, even though if you have a successful application, you might not get the allotment of IPO shares.

However, you may increase the probability of receiving an IPO allotment by Submitting applications from different Demat accounts of your family members and/or friends.

It is also important to acknowledge that Angel One is merely a platform to apply for IPOs and with this article we hope you now understand the IPO allocation process better. We encourage you to follow the Do’s and Don’t s mentioned here and leave no stone unturned to increase your odds of winning an IPO allotment hereon.

How to increase your chances of getting an IPO Allotment? Watch This!

The below IPOs open on August 4 and will close on August 6, 2021.

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

Windlas Biotech Limited - Windlas Biotech was incorporated in 2001 and is amongst the top five players in the domestic pharmaceutical formulations contract development and manufacturing organization (“CDMO”) industry in India in terms of revenue. Windlas has a network of over 703 stockists and distributors spread across 15 states in India. Read more here

Devyani International Limited - Devyani International Limited was incorporated in 1991, and is the largest franchisee of Yum Brands in India, which operates famous brands, such as KFC, Pizza Hut and Taco Bell. Devyani International is also a franchisee for the Costa Coffee brand, with presence in 166 cities in India. Read more here

Krsnaa Diagnostics Limited - Incorporated in 2010, the company offers a wide range of diagnostic services such as imaging/radiology services, routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals. It operates 1,801 diagnostic centers in 13 cities across India. Read more here

Exxaro Tiles Limited - Incorporated in 2008, the company's product portfolio comprises more than 1000 different designs of tiles in 6 sizes. It supplies its products to large infrastructure projects i.e. residential, educational, commercial, hotels, hospitals, government, builders or developers, etc. Read more here