Angel Broking Limited, one of the largest independent full-service retail broking house in India in terms of active clients on NSE as of July 31, 2018 (Source: CRISIL Report) filed its DRHP with SEBI.



The Initial Public Offer (IPO) comprises of equity shares of face value of Rs. 10 each (“EquityShares”) of Angel Broking Limited (“Company”) aggregating up to Rs. 6,000.00 million. The IPO includes fresh issue aggregating up to Rs. 3,000.00 million (the “Fresh Issue”)and an offer for sale aggregating up to Rs. 208.35 million by Ashok D. Thakkar and equity shares aggregating up to Rs. 31.25 million by Sunita A. Magnani (together, the“Promoter Selling Shareholders”),equity shares aggregating up to Rs. 1,200.02 million by IFC (the“Investor Selling Shareholder”) and equity shares aggregating up to Rs. 1,560.38 million by the individual selling shareholders (together with the promoter selling shareholders and the investor selling shareholder, the “Selling Shareholders”) aggregating up to Rs. 3,000.00 million (the “Offer For Sale”)



The proceeds from the net issue will be utilized towards: (i). to meet working capital requirements (Rs. 2,300 million); and (ii) for general corporate purposes.



ICICI Securities Limited, Edelweiss Financial Services Limited and SBI Capital Markets Limited are the book running lead managers to the issue.



The equity shares will be listed on BSE and NSE.



About Angel Broking Limited

Angel Broking Limited (Angel) is one of the largest independent full-service retail broking house in India in terms of active clients on NSE as of July 31, 2018 (Source: CRISIL Report). Angel is a technology led financial services company, that provides broking and advisory services, margin funding, loans against shares (through one of our Subsidiaries, AFPL) and financialproducts distribution to clients under the brand “Angel Broking”. Angel’s broking services are offered through (i) online and digital platforms, and (ii) network of more than 11,000 sub-brokers, as of June 30, 2018. They have more than 850,000 downloads ofAngel Broking mobile app and more than 450,000 downloads of Angel BEE app as of June 30, 2018, which enables their clients to avail services digitally. Through network of sub-brokers and over 110 branches, Angel have a pan-India presence across 1,800 cities and towns, as of June 30, 2018. As at June 30, 2018, Company managed Rs. 113,023.06 million in client assets and over 1.11 million active broking accounts.

S Chand And Company Limited is coming up with IPO which will hit the markets soon. S Chand and Company operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.

Click here to download Draft Red Herring Prospectus for S Chand and Company Limited

Eris Lifesciences Pvt. Ltd filed a draft red herring prospectus with the capital markets regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) on Wednesday.

The IPO comprises an offer for sale (OFS) by the drug company’s private equity backer ChrysCapital and some of the founding shareholders.

Eris Lifesciences is the first pharmaceutical company to file its draft papers this year. The last pharmaceutical firm to go public was Warburg Pincus-backed Laurus Labs in November 2016. Before that, Alkem Laboratories went public in January 2016.

The Draft Red Herring Prospectus for upcoming IPO of Avenue Supermarts Limited (D-Mart) can be downloaded from the link given below:

Click here to download DRHP for Avenue Supermarts IPO now

With the previous year 2016 seeing IPO market reviving with major IPOs in the green zone (Check out performance of IPOs listed in 2016), the year 2017 is beginning to look promising as far as Indian IPO market is concerned

Given below are some of IPOs expected to be launched during the year:

IPOs with SEBI approval received 
(May open within the next 2-3 months)

• Security & Intelligence Services IPO - DRHP filing date 26-Sep-16
• G R Infraprojects IPO - DRHP filing date 29-Sep-16
• Genesis Colors IPO - DRHP filing date 28-Sep-16
• Continental Warehousing Corp IPO - DRHP filing date 30-Sep-16
• Avenue Supermarts IPO - DRHP filing date 29-Sep-16
• Aster DM Healthcare IPO - DRHP filing date 24-Jun-16
• Seaways Shipping and Logistics IPO - DRHP filing date 28-Mar-16
• CL Educate IPO - DRHP filing date 30-Mar-16
• Hinduja Leyland Finance IPO - DRHP filing date 29-Mar-16

IPOs with DRHP Filed but SEBI approval awaited

• GTPL Hathway IPO - DRHP filing date 30-Dec-16
• Housing & Urban Development Corp. IPO - DRHP filing date 30-Dec-16
• National Stock Exchange of India IPO - DRHP date 28-Dec-16
• PSP Projects IPO - DRHP filing date 27-Dec-16
• Central Depository Services IPO - DRHP filing date 24-Dec-16
• S Chand & Company IPO - DRHP filing date 16-Dec-16
• Music Broadcast IPO - DRHP filing date 28-Nov-16
• Prataap Snacks IPO - DRHP filing date 30-Sep-16
• Shankara Building Products IPO - DRHP filing date 28-Sep-16

National Stock Exchange (NSE) chairman Ashok Chawla said today on Wednesday, December 14, 2016 that the exchange plans to file a Draft Red Herring Prospectus (DRHP) with regulator by December 20 for its long-awaited initial public offering. "The process for filing the DRHP is absolutely on track," Chawla told ET Now in an interview

NSE’s offering would be the largest IPO in the country since Coal India Ltd.’s 2010 share sale, which raised 154.8 billion rupees, according to data compiled by Bloomberg

State-run National Building Construction Corporation (NBCC) has said it will dilute 10 per cent stake through an Initial Public Offer. The company has filed the Draft Red Herring Prospectus (DRHP) with SEBI.

The offer comprises a net offer of 11,880,000 equity shares and includes a reservation of 1,20,000 equity shares for subscription by the eligible employees. NBCC has appointed IDBI Capital Market Services Ltd. and Enam Securities Pvt. Ltd. as the Book Running Lead Managers. The company currently functions under the Ministry of Urban Development and is the largest public sector construction company in India

Stay tuned for more on NBCC IPO!

Vishwanath Sugar and Steel Industries Ltd. said on Monday that it has filed for an Initial Public Offering to raise around 3.74 billion rupees.

The company produces sugar, alcoholic spirits by distillation including ethanol, blending and bottling of indian made foreign liquor and generation of power

Stay tuned for more on the IPO!

Credit Analysis And Research (CARE), India's second largest credit rating agency, has filed the Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering

The IPO would consist of a public offering of 71,99,700 Equity Shares of Rs.10/- each. The offer will constitute 25.22% of the post-offer paid-up equity share capital of company

Check back Indian IPO Blog for the latest updates on CARE IPO!

The Securities and Exchange Board of India (SEBI) has approved the Draft Red Herring Prospectus (DRHP) of Multi Commodity Exchange (MCX). MCX filed its Draft Red Herring
Prospectus(DRHP) for an initial public offer (IPO) with SEBI of 6,427,378 equity shares of Rs 10 each.

MCX is the sixth largest commodity exchange in the world with No 1 in silver and No 2 ranking in gold. It would be the first exchange in India to go public and get India at par with other countries with listed exchanges such as US, HK, UK, Singapore, Japan and Australia.

Stay tuned for the latest updates on MCX IPO!

Just Dial, a local search engine running the web portal Justdial.com, is planning to raise capital with an Initial Public Offer (IPO), for which the company has filed Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI)

Click here to download Just Dial IPO - Download Draft Red Herring Prospectus (DRHP) now!

According to the company's website, JustDial is India’s no.1 local search destination. The company caters to over 120 million unique users. This local search service is accessible from across 2000 towns and cities in India on Phone, Web, WAP and SMS. JustDial in India employs 4000 strong work force and has more than 1,35,000 paid advertisers.