Angel Broking Ltd - Prospectus Synopsis

Angel Broking Ltd RHP

Registered Office : G-1 Ground Flr Akruti Trade , Centre Road No-7 MIDC Anderi , Mumbai - 400093 , Maharashtra , India.

Phone : 91-22-4000 3600  Fax : 91-22-2835 8811

Email : investors@angelbroking.com    Website : www.angelbroking.com

Initial public offer of 19,607,835 equity shares of face value of Rs. 10 each (equity shares) of Angel Broking Limited (The company) for cash at a price of Rs. 306 per equity share (including a share premium of Rs. 296 per equity share) aggregating to Rs. 600 Crores comprising a fresh issue of 9,803,921 equity shares by the company aggregating to Rs. 300 Crores (the fresh issue) and an offer for sale of 9,803,914 equity shares aggregating to Rs. 300.00 crores, comprising of 599,173 equity shares to Rs. 18.335 Crores by Ashok D Thakkar and of 147,058 equity shares aggregating to Rs. 4.50 Crores by Sunita A Magnani (together, the promoter selling shareholders), to 3,921,636 equity shares aggregating to Rs. 120.002 Crores by IFC (the investor selling shareholder) and 5,136,047 equity shares aggregating to Rs. 157.163 Crores by the individual selling shareholders. The promoter selling shareholders, the investor selling shareholder and individual selling shareholders are collectively referred to as the selling shareholders, and such offer for sale, the (Offer for sale). Offer Price : Rs. 306 per equity share of face value of Rs. 10 each Anchor investors offer price : Rs. 306 per equity share The Offer price is 30.6 times the face value of the equity shares

Issue Money Payable On
Opens On Closes On Application Allotment
22-Sep-2020 24-Sep-2020 Rs 306 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 49 Further Multiples of : 49
  Rs Cr Lead Managers to the Issue
Project Cost 300 Edelweiss Financial Services Ltd
Project Financed through Current Offer 600  
Post Issue Equity Share Capital 81.8  
Issue Price Rs. 306  
Projects
To Meet Working Capital Requirements
Promoted By Listing At Registrar to the Issue
Ashok D Thakkar
Dinesh D Thakkar
Sunita A Magnani
Mumbai Link Intime India Pvt Ltd
 

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