Angel One Ltd.

Angel One has crossed the 10 million customers mark in May, more than doubling its customer base over the past 12 months. In May alone, it added over 0.47 million new customers, taking its overall customer base to 10.10 million. On an annualised basis, the gross addition grew by 108.7 per cent in the 12 months ending May 2022.

The brokerage processed 70.63 million orders, a 48.4 percent growth, in May. It has also registered impressive numbers in other areas with its overall average daily turnover growing 88.2 per cent to Rs 8.94 lakh crore in May, helping its average client funding book surge 60.4 per cent to Rs 1,884 crore. The company claims over 80 per cent of its new customers are first-time investors and under 30 years, who mostly hail from small towns.

Angel One is previously known as Angel Broking.