₹2,750 Share Now Deciding To Raise Funds From The Domestic Market; 1500 Crore QIP
Angel One Ltd (NSE: ANGELONE) QIP is a term used to describe the term “qualified institutional placement. Companies make use of QIP to get funds through markets in the country.
QIP does not require approval from the market regulator i.e. SEBI. For QIP, the company decides the share price as per the rules.
The QIP price cannot be less than the 2-week average price of the share.
Now news Has Come That ANGEL ONE’s QIP Can Be Launched
Sources claim they have a strategy in place to raise around Rs 1500 crore via QIP. The indicative price for QIP can be Rs 2555 per share.
This can come at a 6% discount. The previous Tuesday shares of the company was up by 2 percent and ended at Rs 2722.
Share Performance Of Angel One Ltd:
The company’s shares increased by 2.30 percent and closed at Rs 2722. The company’s shares have been continuously falling since January.
The stock has fallen 22 percent so far in the year 2024. The return of the stock in one year is 140 percent.
The stock has given a return of 800 percent in three years. (Share News: Preparation to sell 7 percent stake as soon as the market opens on Wednesday, Awaaz Exclusive)
About Angel One Ltd Company
Angel One Ltd is a multi-faceted financial services firm and is principally involved in the business of commodity, stock, and currency broking.
It includes margin trading facilities as well as depository services, the distribution of mutual funds as well as lending as an NBFC or corporate agency for insurance companies.
Fundamental Analysis of Angel One Ltd
Market Cap | ₹ 22,867 Cr. |
Current Price | ₹ 2,722 |
52-wk High | ₹3,900 |
52-wk Low | ₹ 1,122 |
Stock P/E | 21.7 |
Book Value | ₹ 311 |
Dividend | 1.46% |
ROCE | 44.0 % |
ROE | 47.1 % |
Face Value | ₹ 10.0 |
P/B Value | 8.75 |
OPM | 41.4 % |
EPS | ₹ 126 |
Debt | ₹ 1,555 Cr. |
Debt to Equity | 0.60 |
Angel One Ltd Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹3600 | ₹4100 |
2025 | ₹4200 | ₹4300 |
2026 | ₹4315 | ₹4400 |
2027 | ₹4500 | ₹4560 |
2028 | ₹4560 | ₹4600 |
2029 | ₹4600 | ₹4690 |
2030 | ₹4700 | ₹5000 |
Angel One Ltd Shareholding Pattern
Promoters Holding | |
Dec 2022 | 43.68% |
Mar 2023 | 38.48% |
June 2023 | 38.30% |
Sept 2023 | 38.26% |
Dec 2023 | 38.23% |
FII Holding | |
Dec 2022 | 17.25% |
Mar 2023 | 16.61% |
June 2023 | 17.04% |
Sept 2023 | 16.82% |
Dec 2023 | 19.11% |
DII Holding | |
Dec 2022 | 9.27% |
Mar 2023 | 9.73% |
June 2023 | 10.25% |
Sept 2023 | 10.41% |
Dec 2023 | 9.32% |
Public Holding | |
Dec 2022 | 29.80% |
Mar 2023 | 35.17% |
June 2023 | 34.42% |
Sept 2023 | 34.52% |
Dec 2023 | 33.33% |
Angel One Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 778 Cr |
2020 | ₹ 748 Cr |
2021 | ₹ 1,289 Cr |
2022 | ₹ 2,292 Cr |
2023 | ₹ 3,740 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 80 Cr |
2020 | ₹ 82 Cr |
2021 | ₹ 297 Cr |
2022 | ₹ 625 Cr |
2023 | ₹ 1,052 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 1.72 |
2020 | 0.86 |
2021 | 1.06 |
2022 | 0.81 |
2023 | 0.37 |
Last 10 Years’ Profit Growth:
10 Years: | — |
5 Years: | 52% |
3 Years: | 117% |
Current Year: | 27% |
Last 10 years’ Return on Equity (ROE):
10 Years: | — |
5 Years: | 38% |
3 Years: | 44% |
Last Year: | 47% |
Sales Growth Over 10 Years:
10 Years: | — |
5 Years: | 31% |
3 Years: | 59% |
Current Year: | 31% |
Company’s Positive Signs:
- The company is expected to have satisfactory results in the quarter.
- It has posted an increase in earnings of 52.2 percent CAGR over the past 5 years.
- It has high ROI (ROE) experience over three years at 44.1 percent.
- It has managed to maintain a prestigious dividend payout in the amount of 36.2 percent.
- Debtor days have increased between 66.7 days to 45.6 days.
Company’s Negative Signs:
- Its value as a share in the company has been calculated to be 10.7 times book value.
- The business could be using the interest cost.
- The proportion of promoters holding shares of the company has fallen over the last 3 years to -6.32 percent.
Conclusion
This article is a complete guide about Angel One Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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