Offer For Sale (OFS) - July 2021
Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:
Get margin money by Pledging existing Shares
Are you losing the trade opportunities every day because of limited cash margins while you have shares in your holdings? Do not worry just pledge your shares for collateral margins to enhance your buying power, which you will receive after certain % deduction called a haircut.
What Is Margin Pledging?
Pledging, by definition, refers to the process of using your shares as securities to avail a loan. It functions like any other mortgage loan where you use an asset as a collateral, like gold jewelries in a gold loan. When you use pledging, your risk exposure gets limited to the securities you have used as collateral.
Shares pledged by clients from their demat a/c with Angel Broking are treated as the Collateral. These are shares locked and you cannot sell them you until you unlock them. The process of unlocking the pledged share is called as unpledging of shares.
What can be pledged?
You can pledge your stocks, ETF (Exchange Treaded Funds), SGB (Sovereign Gold Bonds) and active mutual Funds. Please note that passive mutual funds are not allowed to be pledged.
Limits are given after deducting the haircut. for e.g., a haircut of 25% would mean, 75 % of stock value will be given as margins money. The margin received from pledging can be used for trading Equity Intraday, futures & options.
Let’s try to explain this through an example.
Harish, a customer of Angel Broking holds shares of three companies in his demat account:
• Sun Pharmaceuticals Ind. Ltd - 125 shares
• Suzlon Energy Ltd - 750 shares
• Reliance Capital Ltd - 95 shares
class="has-text-align-justify">He wishes to pledge 100 shares of Sun Pharma which is trading at Rs.812.50 to take on a Futures position in NIFTY Futures. The value of his pledged request is:
(100*812.50) = Rs. 81,250
Once we receive his request it will be processed in the following manner.
Angel Broking will deduct 25% as haircut from the pledged value (25% of Rs. 81,250 = Rs.20,312.5). Therefore, the balance becomes Rs.60,938 (81,250.5 - 20312.5). This balance will become available to Harish as collateral margin.
Advantages of Pledging
- The pledging facility will provide the option of reusing the part of capital lying in your portfolio with adding any without adding funds.
- Avoid losing the trade opportunities because with 5 minutes the margins are updated.
- You will continue to get benefits of all corporate actions like dividends, splits, bonuses, etc. on the stocks you have pledged.
Cost of Pledging
The entire process of pledging and unpledging will cost Rs 40+GST per scrip irrespective of the quantity. For example, if you pledge 100 shares of TCS and 1000 shares of Infosys the total cost (pledging + unpledging) will be Rs 80 + GST (Rs 40 x 2). This charge will be debited from your ledger the day you place the pledge request.
How to pledge shares using Angel Broking?
- Log in to Angel Broking Mobile App and click "Funds" from the bottom of the page then click Pledge Holdings.
- Click Increase Margin and select the stocks/qty for Pledging.
- Now click Create Margin to initiate the Approval Process.
- Look for an email/SMS from CDSL with OTP to approve the request.
You are done, use the margin money trading Equity Intraday, futures & options. Happy Investing.
IPO Alert: GR Infraprojects Limited
Incorporated in 1995, the company is an integrated road EPC company with experience in design and construction of various road/highway projects across 15 States in India. They have also diversified into projects in the railway sector. They also process bitumen, manufacture thermoplastic road-marking paint, electric poles and road signage and fabricate and galvanize metal crash barriers.
Bid/Offer Opens On | Wednesday, 07-Jul-21 |
Bid/Offer Closes On | Friday, 09-Jul-21 |
Price Band | Rs. 828 - Rs. 837 per equity share |
Lot Size | 17 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT GR INFRAPROJECTS
The below table has important dates with respect to the IPO allotment and listing.
Bid/Offer Opens On | 07-Jul-21 |
Bid/Offer Closes On | 09-Jul-21 |
Finalization of Basis of Allotment | 14-Jul-21 |
Initiation of Refunds | 15-Jul-21 |
Credit of Shares to Demat Acct | 16-Jul-21 |
IPO Shares Listing Date | 19-Jul-21 |
UPI mandate expiry date | 25-Jul-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.
Buybacks, Takeovers and Delisting - July 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 these call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com
IPO Alert: India Pesticides Limited
This company was incorporated in 1984 and is one of the leading agrochemical manufacturers in the country. It is the sole Indian manufacturer of Folpet, Thiocarbamate, and Herbicide, and exports to more than 20 countries including Australia, Africa and Europe.
Bid/Offer Opens On | Wednesday, 23-Jun-21 |
Bid/Offer Closes On | Friday, 25-Jun-21 |
Price Band | Rs. 290 - Rs. 296 per equity share |
Lot Size | 50 Shares |
How to apply for IPO via ABMA App | How to apply for IPO via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
Bid/Offer Opens On | 23-Jun-21 |
Bid/Offer Closes On | 25-Jun-21 |
Finalization of Basis of Allotment | 30-Jun-21 |
Initiation of Refunds | 01-Jul-21 |
Credit of Shares to Demat Acct | 02-Jul-21 |
IPO Shares Listing Date | 05-Jul-21 |
UPI mandate expiry date | 11-Jul-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.
IPO Alert: Dodla Dairy Limited
This company is involved in procurement, processing, distribution, and marketing of milk and other dairy products in South India. The company has a strong distribution network of 40 sales offices, 3336 distribution agents, 863 milk distributors, and 449 product distributors across 9 states in India.
Bid/Offer Opens On | Wednesday, 16-Jun-21 |
Bid/Offer Closes On | Friday, 18-Jun-21 |
Price Band | Rs. 421 - Rs. 428 per equity share |
Lot Size | 35 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT DODLA DAIRY
The below table has important dates with respect to the IPO allotment and listing.
Bid/Offer Opens On | 16-Jun-21 |
Bid/Offer Closes On | 18-Jun-21 |
Finalization of Basis of Allotment | 23-Jun-21 |
Initiation of Refunds | 24-Jun-21 |
Credit of Shares to Demat Acct | 25-Jun-21 |
IPO Shares Listing Date | 28-Jun-21 |
UPI mandate expiry date | 05-Jul-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.
IPO Alert: Krishna Institute of Medical Sciences Limited
This is one of the largest corporate healthcare service providers in AP and Telangana. The company offers a comprehensive range of healthcare services including renal, cardiac, gastric, oncology, orthopedics, neurosciences, and organ transplantations.
Bid/Offer Opens On | Wednesday, 16-Jun-21 |
Bid/Offer Closes On | Friday, 18-Jun-21 |
Price Band | Rs. 815 - Rs. 825 per equity share |
Lot Size | 18 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT KIMS
The below table has important dates with respect to the IPO allotment and listing.
Bid/Offer Opens On | 16-Jun-21 |
Bid/Offer Closes On | 18-Jun-21 |
Finalization of Basis of Allotment | 23-Jun-21 |
Initiation of Refunds | 24-Jun-21 |
Credit of Shares to Demat Acct | 25-Jun-21 |
IPO Shares Listing Date | 28-Jun-21 |
UPI mandate expiry date | 05-Jul-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.
IPO Alert: Sona Comstar
This is one of the leading automotive technology companies in the country and among the Top 10 auto-component manufacturers. Primarily engaged in designing, manufacturing and supplying high quality components, Sona Comstar is among the top-10 global players for the differential bevel gear segment.
Bid/Offer Opens On | Monday, 14-Jun-21 |
Bid/Offer Closes On | Wednesday, 16-Jun-21 |
Price Band | Rs. 285 - Rs. 291 per equity share |
Lot Size | 51 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT SONA COMSTAR
The below table has important dates with respect to the IPO allotment and listing
Bid/Offer Opens On | 14-Jun-21 |
Bid/Offer Closes On | 16-Jun-21 |
Finalization of Basis of Allotment | 21-Jun-21 |
Initiation of Refunds | 22-Jun-21 |
Credit of Shares to Demat Acct | 23-Jun-21 |
IPO Shares Listing Date | 24-Jun-21 |
UPI mandate expiry date | 30-Jun-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.
IPO Alert: Shyam Metalics
Shyam Metalics is India's leading integrated metal producer company. It is among India's largest producers of Ferro Alloys in terms of installed capacity and the 4th-largest player in the Sponge Iron industry.
Bid/Offer Opens On | Monday, 14-Jun-21 |
Bid/Offer Closes On | Wednesday, 16-Jun-21 |
Price Band | Rs. 303 - Rs. 306 per equity share |
Lot Size | 45 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT SHYAM METALICS
The below table has important dates with respect to the IPO allotment and listing
Bid/Offer Opens On | 14-Jun-21 |
Bid/Offer Closes On | 16-Jun-21 |
Finalization of Basis of Allotment | 21-Jun-21 |
Initiation of Refunds | 22-Jun-21 |
Credit of Shares to Demat Acct | 23-Jun-21 |
IPO Shares Listing Date | 24-Jun-21 |
UPI mandate expiry date | 30-Jun-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.
Offer For Sale (OFS) - June 2021
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 022-68071111 | 022-42185454
Scrip Name | Category | Time Window | Floor Price |
ORCHIDPHAR | Non-Retail | 24-Jun, 9:15am - 3:30pm | Rs. 375 |
ORCHIDPHAR | Retail | 25-Jun, 9:15am - 3:30pm | Rs. 375 |
WABCOINDIA | Non-Retail | 23-Jun, 9:15am - 3:30pm | Rs. 6550 |
WABCOINDIA | Retail | 24-Jun, 9:15am - 3:30pm | Rs. 6550 |
JSWISPL | Non-Retail | 15-Jun, 9:15am - 3.30pm | Rs. 27 |
JSWISPL | Retail | 16-Jun, 9:15am - 3:30pm | Rs. 27 |
ACCELYA | Non-Retail | 10-Jun, 9:15am - 3:30pm | Rs. 910 |
ACCELYA | Retail | 11-Jun, 9:15am - 3:30pm | Rs. 910 |
CORALFINAC | Non-Retail | 10-Jun, 9:15am - 3:30pm | Rs. 35 |
CORALFINAC | Retail | 11-Jun, 9:15am - 3:30pm | Rs. 35 |