Anand Rathi: Angel Broking IPO - Valuations And View

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.Angel Broking Ltd. is one of the largest retail broking houses in India in terms of active clients, providing broking and advisory services, research services, margin funding, loans against shares and financial products distribution through online digital platforms and network of over 11,000 authorized persons.The Company is a member of Bombay Stock Exchange, National Stock Exchange, Metropolitan Stock Exchange of India Ltd., Multi Commodity Exchange of India Ltd. and National Commodity and Derivatives Exchange Ltd.The company manages Rs 132,540 million in client assets, over the last one year, the company has more than doubled its overall turnover market share in the retail broking space in India.The company has been focusing on acquiring clients digitally, in Q1 FY21 85.21% of clients were acquired digitally through performance marketing, referrals and digital influencers.The remaining 14.79% through the network of authorized persons..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Anand Rathi: Angel Broking IPO - Valuations And View

Anand Rathi: Angel Broking IPO - Valuations And View

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