Angel Broking Limited is one of the leading and professionally managed stock broking
firm involved in quality services and research. Angel Broking Limited is a corporate member
of The Stock Excange, Mumbai.
The membership of the company with The Stock Exchange Mumbai was originally in the
name of Mukesh R. Gandhi, which was eventually turned into a corporate membership in
the name of Angel Broking Limited.
Angel Broking Limited is managed by Mr. Dinesh Thakkar and he is well supported by Mr.
Mukesh Gandhi, a fifteen years veteran in the market.
The group is well supported by a professional and qualified research team and efficient
operations and back office team, which comprises of highly dedicated and qualified
individuals. Angel has an in-house, state of art research department.
Angel believes in reaching out to the customer at the farthest end rather than by reaching
out to them. The company in its endeavour to give its client the best has opened up several
branches all over Mumbai, which are efficiently integrated with the Head Office.
Angel Broking Limited is primarily into retail stock broking, with a customer base of retail
investors, which has been increasing at a compounded growth rate of 100% every year. The
company has huge network sub-brokers in Mumbai and other places outside Mumbai,
registered with SEBI, who act as chanel partners for the company. The company presently
has a total staff strength of around 150 employees who are spread accordingly across the
head office and all the branches.
Angel has empowered its physical presence throughout India through various strategies
which it has been adopting efficiently and effectively over a period of time, like opening up
of branches at various places, tie-ups with various agencies and sales agents, buy-outs of
smaller regional outfits and appointment of sub-brokers and franchisees. Moreover Angel
has been tapping and including high net-worth and self-employed individuals it its vast
array of clients.
Angel has always strived in the direction of delivering ultimate client satisfaction and
developing stronger bonds with its customers and chose partners. Angel has a vision to
introduce new and innovative products and services regularly. Moreover Angel has been one
among the pioneers to introduce the latest technological innovations and integrate it
efficiently within its business.
COMPANY OVERVIEW
Angel Broking, Ltd. provides retail personal financial services in India. The company offers e-broking, portfolio
management, mutual fund, private client group, commodities broking, investment advisory, wealth management, IPO,
and depository services. The company was founded in 1987 and is based in Mumbai, India.
G-1 Akruti Trade Center
Road No -7, MIDC
Andheri East
Mumbai, 400093
India
Founded in 1987
Phone:
91 22 2835 8800
Fax:
91 22 2820 4279
www.angelbroking.com
KEY EXECUTIVES
Mr. Dinesh Thakkar
Chairman and Managing Director
Mr. Sachinn R. Joshi
Chief Financial Officer and Executive Director
Age: 43
Mr. Pramathu Chowksey
Regional Head of Indore
Mr. Hitungshu Debnath
Head of Distribution & Wealth Management Services
Age: 42
Santanu Syam
Head of Retail Operations
Compensation as of Fiscal Year 2010.
KEY DEVELOPMENTS FOR ANGEL BROKING LTD.
Angel Broking Ltd. Presents at Future of Financial Markets (FOFM) 2011 Leadership Summit, Jan-
21-2011 02:00 PM
12/23/2010
Angel Broking Ltd. Presents at Future of Financial Markets (FOFM) 2011 Leadership Summit, Jan-21-2011 02:00
PM. Venue: Renaissance Mumbai Convention Centre, Powai, Mumbai, Maharashtra, India. Speakers: Naveen
Mathur, Associate Director of Commodities & Currencies.
ING Vysya Bank Ltd. and Angel Broking Ltd. Sign Memorandum of Understanding
12/22/2010
ING Vysya Bank Ltd. and Angel Broking Ltd. signed the memorandum of understanding. The strategic tie-up will offer
ING Vysya Bank Ltd. customers a three in one account the enables a seamless investment experience by integrating
the ING saving account, ING demat account and Angle trading account on a single platform.
Angel Broking In Talks With PE Players
07/27/2010
Angel Broking Ltd. is in talks with Private Equity (PE) companies General Atlantic LLC, The Blackstone Group,
Private Equity Group, and Advent International Corporation in order to raise up to INR 3 billion, through sale of
minority stake. The company has appointed NM Rothschild to look for an investor. Chairman and Managing Director
of Angel Broking, Dinesh Thakkar said, “I will not comment on the issue.” According to a person close to the matter,
the PE companies are currently evaluating the proposal and a deal is likely to happen in a month.
