Angel One's client base more than doubles to 8.34M in January 2022

3 Feb 2022 , 11:53 AM

Angel One Ltd. has announced its monthly business performance for January 2022. 

The company traded for 20 days during the month against 23 days for the comparative period. Its client base has increased to 8.34 million in January 2022, against 3.46 million clients in January 2021, up by 140.90% YoY.

Its gross client acquisition inched to 0.54 million for January 2022 against 0.28 million in January 2021, a growth of 89.7% YoY.

Angel One’s average client funding stood at Rs 15.82 billion for January 2022 against Rs 7.06 billion during January 2021, increasing by 124.20% YoY. Its number of orders during the month crossed 66.95 million against 32.85 million in January 2021, a growth of 103.8% YoY.

Its overall equity retail turnover market share stood at 21.1% in January 2022, against 19.7% in January 2021, gaining 143 bps on year. F&O turnover market share inched up by 142 bps at 21.20% during the month. While commodity market share increased by 1559 bps on-year during January 2022 at 41.6% as compared to 26%. However, cash retail turnover during the month under consideration witnessed a downfall of 281 bps at 14.1% against 16.9%.

Angel One is currently trading at Rs1,401.20 down by Rs8.45 or 0.6% from its previous closing of Rs1,409.65 on the BSE.