Angel Broking IPO GMP History
Angel Broking IPO has been listed on October 5, 2020 at a listing price of ₹275, against the issue price of ₹306 — a loss of ₹31 (-10.13%). The GMP peaked at ₹105 on 17 September 2020 and reached a low of ₹12.5 on 24 September 2020. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Angel Broking IPO raised ₹600 Cr. through its IPO at a price band of ₹305 to ₹306 per share, with a lot size of 49 shares. The IPO was open for subscription from 22 Sep 2020 to 24 Sep 2020.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 11 Nov, 6:58 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 24 Sep 2020 | ₹ 12.5 | ▼ | 4% | — | — |
| 23 Sep 2020 | ₹ 22.5 | ▼ | 7% | — | — |
| 22 Sep 2020 | ₹ 42.5 | — | 14% | — | — |
| 21 Sep 2020 | ₹ 42.5 | — | 14% | — | — |
| 20 Sep 2020 | ₹ 42.5 | — | 14% | — | — |
| 19 Sep 2020 | ₹ 42.5 | — | 14% | — | — |
| 18 Sep 2020 | ₹ 42.5 | ▼ | 14% | — | — |
| 17 Sep 2020 | ₹ 105 | — | 34% | — | — |
| 16 Sep 2020 | ₹ 105 | — | 34% | — | — |
Angel Broking IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 22 Sep 2020
- Close 24 Sep 2020
- Allotment 29 Sep 2020
- Refund/credit 30 Sep 2020
- Listing 05 Oct 2020
Angel Broking IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹306 |
|---|---|
| GMP-based estimate (pre-listing) | ₹318 (+3.9%) |
| Listing gain / loss | −₹31 per share |
| Listing date | 05 Oct, 2020 |
| Actual listing price | ₹275 (-10.13%) |
Is Angel Broking IPO GMP reliable?
Grey market premium for Angel Broking IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Angel Broking IPO full review for a fundamentals-based assessment before making any grey market trades.
Angel Broking IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Angel Broking IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Angel Broking IPO
Angel Broking Limited was originally incorporated on 8 August 1996 and now trades as Angel One. It is a technology led financial services company offering broking and advisory services, margin funding, loans against shares through a subsidiary, and distribution of financial products.
According to the CRISIL Report in its RHP, it was one of the largest retail broking houses in India by active clients on NSE as of 30 June 2020. It served clients through online platforms and over 11,000 authorised persons, reaching 18,649 pin codes.
It had over 2.15 million operational broking accounts and Rs 132,540 million of client assets as of 30 June 2020. Its promoters are Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani.
The IPO was Rs 600 crore, with Rs 300.00 crore of fresh issue and Rs 300.00 crore of offer for sale. The fresh money was mainly planned for working capital.
Frequently asked
What is the GMP of Angel Broking IPO?
The current Grey Market Premium (GMP) of Angel Broking IPO is ₹ 12.5.
What is the Kostak Price of Angel Broking IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Angel Broking IPO is not available.
What is the Subject to Sauda Price of Angel Broking IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Angel Broking IPO?
Angel Broking IPO listed on October 5, 2020 at ₹275, against the issue price of ₹306 — a loss of -10.13%.
How did the GMP of Angel Broking IPO trend before listing?
The GMP of Angel Broking IPO was falling in its final days before listing. The GMP peaked at ₹105 on 17 September 2020. View the day-wise table above for the complete GMP history.
Explore Angel Broking IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
