Peak Margin – Phase 2 is Here!

From 1st March, 2021, Phase 2 of the Implementation of Peak Margin begins. Let’s see what this means and how it will impact you. A little backgr…

From 1st March, 2021, Phase 2 of the Implementation of Peak Margin begins. Let’s see what this means and how it will impact you.

A little background first: SEBI’s new set of guidelines on Peak Margin Collection & Reporting came in to effect from 01-Dec-20. Peak Margin 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. The 1st phase (01-Dec-20 to 28-Feb-21) required an upfront peak margin of 25%. (For more details, refer – Here’s what’s new about Peak Margins)

Phase 2 of the implementation plan begins from 1st March, 2021 whereby minimum 50% of total margin will be required as peak margin for trades done during the day.

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

WHAT DOES THIS MEAN FOR YOU?

  1. From 1st March, 2021, 50% of total margin (Peak Margin) will be collected upfront before placing any trade, across all segments.
  2. To avoid margin shortage penalty, Funds Payout will be done twice during the day – once before equity market opens & once after equity market closes.

How to ensure uninterrupted trading? It’s Simple -

  • Keep your Angel Broking account well-funded at all times, and/or
  • Pledge your shares lying in your Angel Demat account

Phase 3 of the Peak Margin implementation is planned to begin from 1st June, 2021 – which will further increase the Peak Margin requirement to 75%. More on that, later. 

For more details, feel free to visit the below links:

SEBI CIRCULAR LINK | NSE FAQ LINK

IPO Alert: NURECA LIMITED

Nureca is a B2C company that functions in the segment of home healthcare and wellness products, manufactures and sells directly to the consumers. As …

Nureca is a B2C company that functions in the segment of home healthcare and wellness products, manufactures and sells directly to the consumers. As the country’s first digital healthcare and wellness company, it produces high-quality, innovative, and durable devices to monitor chronic patients and improve their quality of life.
Incorporated in 2016, Nureca sells its products through online channels and partners with India’s first omnichannel electronics retailer, Croma to offer its wide range of products. Its products are also available on its website, drtrust.in.

Bid/Offer Opens OnMonday, 15th February, 2021
Bid/Offer Closes OnWednesday, 17th February, 2021
Lot Size35 shares and multiples thereafter

Click here to Apply

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Incorporated in 2000, Railtel is a state-owned company, responsible for providing information and communication infrastructure to the railway. Its pr…

Incorporated in 2000, Railtel is a state-owned company, responsible for providing information and communication infrastructure to the railway. Its primary role is to upgrade, modernise, and maintain the existing telecom system of train control and generate additional revenue by laying optical fiber cable along the rail tracks. On June 2020, Railtel covered an optical fiber network of 55,000 Km along 5677 railway stations.

Bid/Offer Opens OnTuesday, 16th February, 2021
Bid/Offer Closes OnThursday, 18th February, 2021
Price BandRs. 93 - Rs. 94
Lot Size155 shares and multiples thereafter

Click here to Apply

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Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request: Contact your sub brokerIn case you don't have a sub broker, ca…

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 NameCategoryTime WindowFloor Price
SALEMRetailFebruary 16, 9:15 AM - 3:30 PMRs. 28
SALEMNon-RetailFebruary 15, 9:15 AM - 3:30 PMRs. 28

IPO Alert: BROOKFIELD INDIA REIT

The Brookfield REIT is India’s only institutionally managed public commercial real estate vehicle. Sponsored by an affiliate of Brookfield Asset Mana…

The Brookfield REIT is India’s only institutionally managed public commercial real estate vehicle. Sponsored by an affiliate of Brookfield Asset Management (“BAM”), one of the world’s largest alternative asset managers with approximately US$575 billion in assets under management, as of September 30, 2020, their goal is to be the leading owner of high quality income producing commercial real estate assets in key gateway Indian markets, which have significant barriers to entry.

Bid/Offer Opens OnWednesday, 3rd February, 2021
Bid/Offer Closes OnFriday, 5th February, 2021
Price BandRs. 274 - Rs. 275
Lot Size200 shares and multiples thereafter

Click here to know How to Apply

For More Details:

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 call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com

Scrip NameSub TypeStart DateEnd DateFloor Price
NATIONALUMBuyback25-02-202110-03-2021Rs. 57.50
GAILBuyback25-02-202110-03-2021Rs. 150
NEAGIBuyback24-02-202109-03-2021Rs. 1600
REMIEDELDelisting23-02-202101-03-2021Rs. 19.69
PFOCUSTakeover23-02-202108-03-2021Rs. 44.15
ARTNIRMANTakeover22-02-202105-03-2021Rs. 22
ARCHIDPLYBuyback10-02-202124-02-2021Rs. 37
XCHANGINGDelisting09-02-202115-02-2021Rs. 44.64
FAIRCHEMORTakeover09-02-202123-02-2021Rs. 575.53
OVOBELETakeover08-02-202122-02-2021Rs. 49.41
INDPRUDBuyback04-02-202117-02-2021Rs. 1200
VANDANATakeover29-01-202111-02-2021Rs. 0.4
JMABuyback25-01-202108-02-2021Rs. 36
MEHTAHG Takeover22-01-202105-02-2021Rs. 10
ENGINERSINBuyback22-01-202105-02-2021Rs. 84
NIDHGRNTakeover21-01-202104-02-2021Rs. 29
GARFIBRESBuyback19-01-202102-02-2021Rs. 2300
Security SymbolIssue PeriodDate of AllotmentIssue Price per gramSGB202111February 01 2021 - February 05, 2021February 09, 2021- Offline Bid: Rs 4,912…
Security SymbolIssue PeriodDate of AllotmentIssue Price per gram
SGB202111February 01 2021 - February 05, 2021February 09, 2021- Offline Bid: Rs 4,912
- Online Bid: Rs 4,862 (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:

  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

IPO Alert: Stove Kraft Ltd.

Incorporated in 1999, Stove Kraft is a kitchen solutions company and an emerging home solutions brand. The company is ISO 9001:2008 certified leading…

Incorporated in 1999, Stove Kraft is a kitchen solutions company and an emerging home solutions brand. The company is ISO 9001:2008 certified leading brand for kitchen appliances in India and is one of the dominant players in pressure cookers and a market leader in the sale of freestanding hobs and cooktops.

Bid/Offer Opens OnMonday, 25th January, 2021
Bid/Offer Closes OnThursday, 28th January, 2021
Price BandRs. 384 - Rs. 385
Lot Size38 shares and multiples thereafter

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Incorporated in 2010, Home First Finance Company India Limited is a Housing Finance Company. It is primarily engaged in the business of lending of ho…

Incorporated in 2010, Home First Finance Company India Limited is a Housing Finance Company. It is primarily engaged in the business of lending of housing loans to first time home buyers in low and middle-income groups, loans for the purpose of purchasing commercial property, loan against property and construction finance.

Bid/Offer Opens OnThursday, 21st January, 2021
Bid/Offer Closes OnMonday, 25th January, 2021
Price BandRs. 517 - Rs. 518
Lot Size28 shares and in multiple thereafter

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IPO Alert: Indigo Paints Ltd

Indigo Paints is the fastest growing amongst the top five paint companies in India.Company manufacture a complete range of decorative paints includin…

Indigo Paints is the fastest growing amongst the top five paint companies in India.
Company manufacture a complete range of decorative paints including emulsions,
enamels, wood coatings, distempers, primers, putties and cement paints.

Bid/Offer Opens OnWednesday, 20th January, 2021
Bid/Offer Closes OnFriday, 22nd January, 2021
Price BandRs. 1488 - Rs. 1490
Lot Size10 shares and in multiple thereafter

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