Announcements

Two new IPOs are waiting to make their debut next week. Watch out for Vijaya Diagnostics and Ami Organics that will open on September 1, 2021. Ratings for both IPOs will be revealed in the IPO week. Stay tuned for more info.

Vijaya Diagnostic Centre Ltd. - Incorporated in 1981, Vijaya Diagnostic Centre is one of the fastest-growing diagnostic chains in the South of India, offering a one-stop solution for pathology and radiology testing services. The company operates 80 diagnostic centers, spread across 13 cities and has services more than 2 million customers. Read more

Ami Organics Ltd. - Incorporated in 2004, the company is one of the leading research and development-driven manufacturers of specialty chemicals. It supplies its products to more than 25 countries, including USA, Japan and Israel. It is well-known for its medications including anti-psychotics, anti-cancers, anti-Parkinsons, and anti-depressants. Read more

Incorporated in 2004, the company is one of the leading research and development-driven manufacturers of specialty chemicals. It supplies its products to more than 25 countries, including USA, Japan and Israel. It is well-known for its medications including anti-psychotics, anti-cancers, anti-Parkinsons, and anti-depressants.

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 1981, Vijaya Diagnostic Centre is one of the fastest-growing diagnostic chains in the South of India, offering a one-stop solution for pathology and radiology testing services. The company operates 80 diagnostic centers, spread across 13 cities and has services more than 2 million customers.

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.

Have you heard about the Positive Pay System? Read on to know how it affects your banking transactions…

Reserve Bank of India (RBI) has announced a new system to bring in additional protection for your high-value cheques – Positive Pay System!

The Positive Pay System has been developed by National Payments Corporation of India (NPCI) and is a simple process of confirming key details of cheques with high value. You (Account Holder) can submit these details online through the bank’s internet / mobile banking or visit the bank’s branch for offline submission.

Details to be submitted to your bank include:

• Account Number
• Cheque Number
• Date of Cheque
• Cheque Amount
• Beneficiary Name, etc

This new system while highly beneficial to customers, is still based on the discretion of the respective banks. If your bank implements the same then:

• For cheques worth Rs 50,000 to Rs 5 lakhs – The choice to avail this additional safety measure will be at your discretion
• For cheques worth Rs 5 lakhs above – This requirement will be mandatory

Talk to your bank for more details.

16-Aug-21 is a Settlement Holiday due to Parsi New Year. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

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.

Here’s a Quick List of Settlement Holidays.

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

From 01-Sep-21, the requirement for Peak Margin enters Phase 4. Keep reading to know everything important about this announcement -

A little background on Peak Margin Requirement: In Dec-20, SEBI introduced a new set of guidelines for Collection & Reporting of Peak Margin – which refers to the highest margin requirement of trades done during the day. The roll-out of Peak Margin requirement was to be done in 4 stages with a gradual increase in the upfront margin required.

Phase 4 of the implementation plan begins from 01-Sep-21 whereby 100% of total applicable margin will be required as peak margin to place your orders.

Let’s see how this works out with the help of an Example:

Key Points to Remember:

1. From 01-Sep-21, 100% of total applicable margin will be required as peak margin to place your orders, across all segments including Intraday Orders.
2. To avoid margin shortage penalty, Funds Payout will be done twice during the day – once before the equity market opens & once after the equity market closes.

To avoid any interruptions in trading:

• Keep your Angel One account well-funded at all times, and/or
• Raise a Margin Pledge request for your shares lying in your Angel One Demat account

We conclude our series on Peak Margin with this post - Peak Margin 4 is here to stay. We wish you a happy and safe trading as always. For more details, feel free to visit the below links:

SEBI CIRCULAR LINK | NSE FAQ LINK

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