About Angel Broking Limited
Data last updated:
Angel Broking Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 October 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1997PLC111464. The company has 16 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹26 Cr and a paid-up capital of ₹12.25 Cr. It was led by directors including Dinesh Thakkar Dariyanumal (Whole-Time Director) and Amit Pranab Kumar Majumdar.
Its last annual general meeting (AGM) was held on 19 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at G – 1 Ground Floor Akruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹4,279.79 Cr, a growth of 42% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 40% over five years.
The company had about 2,131 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 4 brands: IBWC, Angel BEE, Dhanvriddhi and Angel One. Court records list 475 cases involving the company, including 399 filed by the company and 76 filed against it; 57 cases are pending.
The last known website on record is angelone.in.
Company details
CIN history
Angel Broking has one previous CIN (Corporate Identification Number): L67120MH1997PLC111464. The current CIN is U67120MH1997PLC111464, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1997PLC111464 | Current |
| L67120MH1997PLC111464 | Previous |
Contact details
Angel Broking Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Apps
- Registered AddressG – 1 Ground Floor Akruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Brokerage & Trading Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Angel Broking operates multiple associated brands including IBWC, Angel BEE, and Dhanvriddhi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers brokerage for stocks, mutual funds, and investment advice through digital platforms. | ibwcwealth.com | |
| Offers an app-based solution for wealth management and investment tracking. | angelbee.in | |
| An app-based platform for managing mutual fund investments and insurance for individuals. | dhanvriddhi.in | |
| App-based brokerage stock trading platform | angelone.in |
Financials of Angel Broking Limited
FY 2011 filings availableAngel Broking Limited reported revenue of ₹4,279.79 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 42% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Angel Broking Limited, buy the company report.
Board of directors of Angel Broking Limited
Angel Broking has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Pranab Kumar Majumdar Also directs: Angel One Limited, Angel One Wealth Limited, Angel One Investment Services Private Limited and 5 more | Director | 29 Sep 2009 | 17 Years 1 Months | As last reported |
| Dinesh Thakkar Dariyanumal | Whole-Time Director | 22 Oct 1997 | 29 Years 0 Months | As last reported |
| Santanu Syam | Director | 03 Aug 2010 | 16 Years 2 Months | As last reported |
| Sachinn Roopnarayan Joshi | Director | 03 Aug 2010 | 16 Years 2 Months | As last reported |
| Mukesh Ramanlal Gandhi | Director | 22 Oct 1997 | 29 Years 0 Months | As last reported |
| Vinay Agrawal | Director | 05 Sep 2007 | 19 Years 1 Months | As last reported |
Peer comparison
Angel Broking Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhananjay Share Traders Private Limited | ₹5,532.65 Cr (FY 2025) | -27.0% | Ahmedabad, Gujarat, India | |||
| Angel One Limited | ₹5,247.67 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Kotak Securities Limited | ₹5,114.58 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Icici Securities Limited | ₹5,051.1 Cr (FY 2024) | 47.0% | Mumbai, Maharashtra, India | |||
| Jsi Investments Private Limited | ₹4,736.3 Cr (FY 2025) | 481.0% | Mumbai, Maharashtra, India | |||
| Angel Broking Limitedthis company | ₹4,279.79 Cr (FY 2024) | 42.0% | Mumbai, Maharashtra, India | |||
| Citadel Securities India Markets Private Limited | ₹4,067.04 Cr (FY 2025) | 39.0% | Gurgaon, Haryana, India | |||
| Prodigy Enterprises Private Limited | ₹3,991.02 Cr (FY 2025) | -29.0% | Ahmedabad, Gujarat, India | |||
| Kotak Securities Limited | ₹3,915 Cr (FY 2024) | 38.0% | Maharashtra, India | |||
| Abans Enterprises Limited | ₹3,878.16 Cr (FY 2025) | 118.0% | Mumbai, Maharashtra, India | |||
| Milind Madhani Securities Private Limited | ₹3,817.53 Cr (FY 2025) | 239.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Angel Broking Limited, buy the company report.
Legal cases
Angel Broking Limited has 475 court cases on record: 399 filed by Angel Broking, 76 filed against it. 57 cases are pending and 418 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 441 | 59 | 45 |
| High courts | 28 | 12 | 12 |
| Supreme Court | 6 | 5 | 0 |
Cases on record (5 of 475)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against National Stock Exchange of India Ltd. and 2 others | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed by the company against Multi Commodity Exchange of India Ltd and 1 other | Disposed |
| District court, East, Delhi | Revision petition | Filed against the company by an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed by the company against an individual | Pending |
| High Court | Arbitration matter | Filed by the company against an individual | Pending |
To see the full case history of Angel Broking Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Angel Broking Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Angel Broking has 16 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Angel Broking Limited, buy the company report.
Recent activity
Angel Broking Limited has 16 board changes on record since 1997: 6 appointments and 10 cessations. The latest: Deepak Tarachand Thakkar ceased to be Director on 04 Oct 2010.
7 earlier events are in the company report.
News
Frequently asked questions
Angel Broking has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Angel Broking was a public limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 22 October 1997 and is registered under CIN U67120MH1997PLC111464. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Angel Broking was incorporated on 22 October 1997. It is registered with the Registrar of Companies, Mumbai.
Angel Broking had 6 directors:
- Dinesh Thakkar Dariyanumal - Whole-Time Director
- Amit Pranab Kumar Majumdar - Director
- Santanu Syam - Director
- Sachinn Roopnarayan Joshi - Director
- Mukesh Ramanlal Gandhi - Director
- Vinay Agrawal - Director
The CIN (Corporate Identification Number) of Angel Broking is U67120MH1997PLC111464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Angel Broking is at G – 1 Ground Floor Akruti Trade Centre Road No. 7 MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Angel Broking can be reached through the website angelone.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Angel Broking on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 19 September 2011. Year-wise statements from 2015 are in the company report.
No. Angel Broking has 16 GST registrations on record and all of them are cancelled or inactive.
Angel Broking operated in the financial services industry, in the brokerage and trading services segment.
The peers of Angel Broking by revenue are Dhananjay Share Traders Private Limited, Angel One Limited, Kotak Securities Limited, Icici Securities Limited, Jsi Investments Private Limited and 5 more, all in the BFSI industry (Broking Services).
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