A detailed review of 5 paisa

5 paisa Review

5 Paisa

5 Paisa, part of the IIFL group is an online financial services provider. It offers broking services, mutual funds, and insurance on its platform. It offers trading in equities and derivatives, it doesn’t offer commodities.

The main selling point of 5 Paisa is that they offer all financial products on their platform.

Margins

Check out the detailed margins here. Almost all the established discount brokers provide margin and brokerage calculator tools but 5 paisa does not. This is negative a because the problem of transparency that plagues traditional brokers remains.

  1.  Up to 15 Times margin for Intraday & 5 Times for Delivery(Interest charged)
  2.  Up to 2 Times for Intraday in Futures
  3.  Up to 2 Times for Intraday in option (Only on selling side)

Platforms

5 Paisa provides a platform named Trade Station for the Web and desktop. It provides a mobile application for Android.

Web Platform.

5 Paisa Trade Station is the flagship platform that it offers. To sum it up this is an extremely disappointing platform considering the fact that 5 Paisa is part of the IIFL group which has been the broking business for decades.

Describing this platform as rudimentary at best would be an overstatement. All it does is offer a set of basic functionalities with nothing in particular worth highlighting.

Charting

Charting is pretty much a non-existent feature in 5 Paisa except for a basic line chart. There are not candle charts or indicators. So if you are a trader who got interested because of 5 Paisa’s brokerage, that is the only highlight of it.

Desktop

The desktop offering of 5 paisa is similar to NEST and offers the basic functionalities. There are no particular highlights as such.  The tools seem sluggish and takes a good bit of time to startup. Discovering the functionalities can be irritating. The user experience is terribly unintuitive. If you are a regular trader and depend on using candle charts this is the only platform which offers it along with the mobile app. The charting experience in the desktop tools leaves a lot to be desired.

Mobile App

The mobile application looks decent and provides one-stop access to trading, mutual funds and insurance.

You can create 3 watch lists with 50 stocks each.  The application offers basic charting functionality with 4 indicators. The only advantage we could see is that you can access MF’s, insurance and stocks from one place. Although they say that there are no charges for their MF platform, we haven’t explored the hidden side and same goes for insurance.

Where 5 Paisa falls short

5 Paisa tries to offer a whole lot on its platforms with nothing, in particular, being a highlight. The trading platform does not offer any of the things that a regular trader would need.

Bottomline

5 Paisa is suited to the investing and saving crowd who wish to manage all their investments and personal finance obligations from a single login. We wouldn’t recommend 5 Paisa to traders or even investors for that matter because it really doesn’t offer even the basic tools that traders and investors have come to rely on.

Pros

  • A single dashboard to manage investments and insurance.
  • Low brokerage.

Cons

  • Poor trading platforms
  • Charting is extremely poor
  • The mobile app has a lot of redirect links, that end up ruining the experience.

Here is how 5 paisa stacks up against Zerodha and Upstox.

Review Of Upstox

Upstox Review

Profile

Upstox formerly RKSV Securities is India’s second largest discount broker with over 13,000 active clients.  Started in 2012 this discount broker is funded by marquee names such as Ratan Tata, Kalaari Capital, and others. It currently contributes to over Rs. 7,000 crores in daily turnover on NSE.

This is an in-depth review of Upstox and its trading platforms. Click Here for the Upstox profile.

Pricing

Upstox follows has a simple pricing structure. It offers free equity delivery trades and charges a maximum for Rs.20 for equity intraday, F&O, and commodities. Upstox offers a brokerage calculator which makes it easier to calculate the charges.

Pricing Verdict: Upstox much like its bigger peers offers a good deal. Free equity trading will be a good draw for beginners.

Upstox is best suited for:

  • Beginners
  • Frequent traders
  • Mobile users

Margins

For equity intraday, Upstox provides margins up to 20x on F&O stocks and up to 2x on other stocks.

It provides margins up to 6X for Intraday futures. It provides up to 4x for selling options and 1X for buying using MIS, bracket and cover orders in intraday.

It provides margins of up to 3X for all commodities.

Upstox provides margins across segments only for intraday and does not provide leverage for equity delivery and overnight positions similar to other discount brokers. There is no indication yet if Upstox will come out with margin funding, but this is the margin policy at present.

Upstox provides a margin calculator to make it easy for traders to calculate their margin requirements.

Trading platforms

Upstox provides trading platforms for desktop, web, and mobile.

Upstox Pro Web

Upstox Pro is a web trading platform which was custom developed in-house. It is a lightweight platform with unique widgetized workspaces and advanced charting.

With their latest update, Upstox has introduced workspaces which can customize to users linking with widgets. Sections such a watchlist, charts, books have been made into widgets, which can be placed anywhere in the workspace.

The charting is a breeze in Upstox Pro. There are over 100+ technical indicators and 10 drawing tools. One good feature if you are a regular trader is that you can watch multiple charts side by side.

 Since watching charts in a different workspace and switching to another workspace to place an order is not optimal they will soon be launching a feature to place orders from charts.

Our verdict

Upstox Pro is a beautifully designed web platform; largely unimposing for beginners and resourceful for regular traders. It might take a bit of getting used to for beginners, it is not as easy as Zerodha Kite, the most significant competition for Upstox. One potential downside to this widgetized workspace style is that the experience on small screens won’t be the best.

Mobile

The mobile application follows a similar design scheme as the web version.

But there were some quirky things we noticed in the mobile app. Historical charts are available only in the landscape mode and not In the portrait mode. Constantly switching between two views can ruin the user experience here. Charting is easy and fast on the app and its easy see the amount of work put in by the developers.

Bracket order or OCO (One Cancel The Other) is not available. This can be a deal breaker for people who trade on the go.  If you are a mobile user then you will love the app minus the quirks. It also has a tab which shows corporate actions related to the stock and a fundamental tab data with some basic parameters. Apart from these kinks, the mobile app is a decent platform from Upstox compared to clunky, cluttered and outdated apps of other brokers.

 

Desktop

Upstox offers NEST desktop tool. NEST can best be described as a reliable workhorse which gets the job done. NEST just provides basic charting, you get 22 days of intraday charts and 1 year of historic charts. On this count, it is a disappointment.

Platforms verdict: While the web and mobile platforms are beautifully designed the desktop tool is a bit of a letdown for hardcore traders.

Mutual Funds

Upstox recently launched its own MF platform, but disappointingly it is a regular Mutual Funds platform. In the long-run direct mutual funds always give higher returns because of the absence of any intermediaries and the ensuing savings because of that.

Where Upstox falls short

A underwhelming desktop offering is a negative for a brokerage that has built such amazing web platforms.

Bottomline

Upstox is a solid choice with its great suite of platforms and tools. If you are first-time trader you will most likely be drawn to the beautiful platforms at zero brokerage. Although the web platform is well crafted it takes a bit of getting used to and does not look the best on smaller screens. Overall it doesn’t matter if you are a beginner or an experienced trader if you are looking for a broker Upstox should be in your shortlist.

Pros

  • Great pricing
  • Well crafted platforms
  • Tools such a margin and brokerage calculator
  • Responsive support and learning resources
  • Easy to get started with Aadhar based signup.

Cons

  • No mutual fund platform yet
  • Turnover charges on futures and options is higher than competitors
  • The online trading platform doesn’t suit small screens.

Here is a comparison of India’s 3 biggest discount brokers. Compare pricing, active clients, financials and more.

Upstox Vs SAMCO Vs Zerodha

 

Review of Zerodha

Zerodha Review

Zerodha is the pioneer of the discount broking concept in India and is the largest discount broker in terms of active clients. It is well known for creative advanced and intuitive platforms and it’s transparency.

Pricing

Zerodha has very a simple pricing structure. They offer free equity delivery trades and charge a maximum for Rs.20 for intraday equity, F&O, and commodity trades. Their brokerage calculator makes it quite easy to calculate charges; again a concept introduced in the country by Zerodha.

Pricing Verdict: The Zerodha pricing suits everyone; be it a beginner, or a hardcore trader. Free equity trading will be a good draw for beginners.

Zerodha is best suited for:

  • Beginners
  • Frequent traders
  • Mobile users

Margins

For equity intraday, Zerodha provides margins up to 20X on F&O stocks and up to 2X on other stocks.

They provide margins up to 2X for intraday futures and shorting options and 1X for buying using MIS, bracket and cover orders in intraday. They provide margins of up to 2X for all commodities.

Zerodha provides margins only for intraday across all segments; none for equity delivery and overnight positions similar to other discount brokers. They’re expected to come out with margin funding soon.

Zerodha also provides a margin calculator to make it easy for traders to calculate their margin requirements. You can use this tool to calculate your comprehensive margin requirements for intraday and delivery/overnight positions.

Platforms

Zerodha is best known for its intuitive platforms. They offer Kite and online trading platforms, Kite Mobile for Android, Kite Lite for IOS and Pi for the desktop.

Kite

Kite is a minimal online trading platform which is easy to use and easy on the eye.

Kite dashboard

Kite charting

The charting experince in Kite.

Whether you’re a beginner or a seasoned trader, Kite is the platform for you. It is a pleasure to use it since it is polished and has no clutter whatsoever. You can create multiple watchlists, analyze and compare charts, share them and more. Kite allows you to create 5 market watches and has over 100+ technical indicators. It offers bracket and cover orders which have become common these days but the limit cover order which is available on Pi, the desktop tool, is not available on Kite and the Kite mobile app yet.

Mobile App

Zerodha offers Kite on mobile and it pretty much resembles the web version. Although the app looks beautiful, you get a feeling that it’s still a work in progress. The user experience is a pleasure, no complaints on that front.

Charting is as good as it can be on a mobile device but one feature that regular traders would immediately notice is the absence of charting tools on the app. Lack of push notifications is also a downside because some people tend to get confused with the order status. The app doesn’t allow you to withdraw funds which is a disappointment.

Desktop

Zerodha offers a desktop tool called Zerodha Pi. Essentially built on top of tried and tested Nest. Pi has an impressive array of features. It offers advanced charting with over 80+ indicators.

Pi marketwatch

Pi charting

Pi Highlights

Expert advisors: You can code your own strategies in Tradescript and save them in the platform to generate buy and sell signals.

Backtesting: Pi also has a backtesting module to test your strategies.

Pi Bride: You can connect platforms such as Ami Broker, Ninja Trader, Meta Trader etc.

Scanner: Pi also has this handy feature that allows you scan for trading opportunities.

With such unique feature Pi is definitely one of the best desktop platforms in India.

Cons: The biggest drawback we see in Pi is the lack of stability. Users seem to experience niggling issues with the application. This aside Pi is one of the best platforms if you are a hardcore technical trader.

Zerodha Quant

As the saying goes “Know yourself to improve yourself”.

Quant is one of the best platform Zerodha has ever created. It is your personal trading analytics tool which essentially plots all your trades and so that you can learn by analyzing your good and bad trades.

Mutual Funds

Zerodha recently launched their direct mutual fund’s platforms called Coin. You can now invest in the mutual funds without paying any commissions. The expense ratio is a percentage of the total assets used for managing a fund’s expenses, such as advertising, operational expenses etc. The expense ratios in regular funds will be higher because of the commissions paid t0 the distributors by the AMCs. In the case of a direct fund, you will be dealing directly with the AMC and there won’t be any intermediary involved, so the expense ratios will be lower. In the long run, this translates to higher returns with direct funds.

With Zerodha Coin you can customize your SIP’s, compare funds, do historical analysis etc. You can also have a flexible SIPs wherein you can play pause your periodic investments whenever you want without any hassle.

Zerodha Coin direct mutual funds

Where Zerodha falls short

Overall Zerodha is undoubtedly one of the best brokers in India. They seem to have hit a sweet spot in terms the cost and the benefits they offer. Having said there are a few thing missing.

  • It is not possible to apply for an IPO directly. Clients have to visit a bank or apply via Applications Supported By Blocked Amount (ASBA).
  • Zerodha Q their current back office is a pain to use, it keeps crashing constantly. The good thing is that their CEO has committed to replacing the old system in a couple of months.
  • Margin funding is a sorely missed product at present.

The final word

Zerodha being the original pioneer of the discount broking model in India is definitely the real deal. They have hit a sweet spot in terms the cost and the benefits they offer. No other broker is even comparably close when it comes to innovating. It doesn’t matter if you are a beginner or an experienced trader, Zerodha should be at the very top of your shortlist. Their learning initiatives such as Varsity, TradingQnA, and Educate are the only comprehensive initiatives towards investor education in India.

Pros

  • Great pricing
  • Well crafted platforms
  • Tools such a margin and brokerage calculator
  • Unparalleled learning resources

Cons

  • No margin funding
  • Not possible to apply for an IPO directly

Zerodha vs Samco and Upstox

 

SEBI against Indian Trading league (SAMCO)

Fellow traders and investors,

Check the recent advise from SEBI to the exchanges, circular from BSE:

As per the communication received from SEBI, regarding leagues/schemes/competitions etc offered by third party or Group Company/associate of stock broker, which may involve distribution of prize monies and advertisements issued in this regard by Stock Brokers, Trading Members are hereby advised to ensure that they shall not carry out advertisements in which celebrities form part of the advertisement.

SEBI has now also put a caution note to all investors, check this release

A. LEAGUES / SCHEMES / COMPETITIONS WHICH MAY INVOLVE DISTRIBUTION OF PRIZE MONIES

It has come to the notice of SEBI that various entities are soliciting investors by offering leagues/schemes/competitions etc. related to securities markets. Some of the schemes may involve distribution of prize monies. Participation in such schemes including sharing of confidential and personal trading data is at investors’ own risk, cost and consequences as such schemes are neither approved nor endorsed by SEBI / SEBI recognized Exchange(s).

SEBI is issuing this caution to investors to warn about such schemes offered by third party or group company/associate of stock broker(s) etc. The investors may note that for any kind of disputes relating to such schemes or enforcement of any agreement / MoU, etc., none of the following recourses will be available to investors of such schemes:

  1. Benefits of investor protection under SEBI/ Exchange(s) Jurisdiction
  2. Exchange dispute resolution mechanism
  3. Investor grievance redressal mechanism administered by Exchange(s)

It is quite clear that these  circulars are intended against Indian Trading league (Samco). It is important that all of us investors/traders are aware of the above. 

fist

 

Empowering Indian retail investors/traders,

Comparebrokerages

Active clients – Broker wise in India – Jun 30th 2016

Fellow traders & investors,

Find following the list of active clients of all the brokerage firms in India – 30th Jun 2016 compared versus 30th Nov 2015. This list is for equity clients only and is available on NSE website.

Active client = 1 trade in that particular financial year.

Visit our website http://comparebrokerages.in/ to compare the popular ones

30th June 2016                                                                 30th Nov 2015

ICICI SECURITIES LIMITED 561235 ICICI SECURITIES LIMITED 567188
HDFC SECURITIES LTD. 431292 HDFC SECURITIES LTD. 384736
SHAREKHAN LTD. 335063 SHAREKHAN LTD. 341809
INDIA INFOLINE LTD. 257260 INDIA INFOLINE LTD. 271383
KOTAK SECURITIES LTD. 242259 KOTAK SECURITIES LTD. 261482
AXIS SECURITIES LIMITED 200578 KARVY STOCK BROKING LTD. 170130
GEOJIT BNP PARIBAS FINANCIAL SERVICES LIMITED 178881 ANGEL BROKING PRIVATE LIMITED 168344
ANGEL BROKING PRIVATE LIMITED 177303 MOTILAL OSWAL SECURITIES LTD. 160831
MOTILAL OSWAL SECURITIES LTD. 173056 GEOJIT BNP PARIBAS FINANCIAL SERVICES LIMITED 160718
KARVY STOCK BROKING LTD. 167299 AXIS SECURITIES LIMITED 146518
SBICAP SECURITIES LIMITED 131682 RELIGARE SECURITIES LTD. 124826
RELIGARE SECURITIES LTD. 117695 SBICAP SECURITIES LIMITED 122433
RELIANCE SECURITIES LIMITED 102790 RELIANCE SECURITIES LIMITED 107613
ZERODHA 78180 EDELWEISS BROKING LIMITED 75625
EDELWEISS BROKING LIMITED 76730 SMC GLOBAL SECURITIES LTD. 64146
SMC GLOBAL SECURITIES LTD. 65102 NIRMAL BANG SECURITIES PVT. LTD. 60366
NIRMAL BANG SECURITIES PVT. LTD. 63221 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 58505
VENTURA SECURITIES LTD. 61054 VENTURA SECURITIES LTD. 57598
ANAND RATHI SHARE AND STOCK BROKERS LIMITED 59457 ZERODHA 46052
ADITYA BIRLA MONEY LIMITED 39481 INDIABULLS VENTURES LTD. 40631
INDIABULLS VENTURES LTD. 37976 ADITYA BIRLA MONEY LIMITED 40525
MARWADI SHARES AND FINANCE LIMITED 36700 BMA WEALTH CREATORS LIMITED 36782
NETWORTH STOCK BROKING LTD. 35042 BONANZA PORTFOLIO LTD. 34015
BONANZA PORTFOLIO LTD. 33941 INTEGRATED ENTERPRISES (INDIA) LIMITED 33836
INTEGRATED ENTERPRISES (INDIA) LIMITED 32994 MASTER CAPITAL SERVICES LIMITED 33012
MASTER CAPITAL SERVICES LIMITED 32572 SHRIRAM INSIGHT SHARE BROKERS LIMITED 31400
BMA WEALTH CREATORS LIMITED 31174 JM FINANCIAL SERVICES LIMITED 27314
SHRIRAM INSIGHT SHARE BROKERS LIMITED 28985 NETWORTH STOCK BROKING LTD. 25024
JM FINANCIAL SERVICES LIMITED 28592 EDELWEISS FINANCIAL ADVISORS LIMITED 24512
TRADEBULLS SECURITIES (P) LTD. 27364 LKP SECURITIES LTD. 22274
SHRI PARASRAM HOLDINGS PVT. LTD. 23662 SHRI PARASRAM HOLDINGS PVT. LTD. 21938
IDBI CAPITAL MARKET SERVICES LTD. 21870 IDBI CAPITAL MARKET SERVICES LTD. 21321
LKP SECURITIES LTD. 21518 Asit C Mehta 21101
JHAVERI SECURITIES LIMITED 20945 GLOBE CAPITAL MARKET LIMITED 20092
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 19730 JHAVERI SECURITIES LIMITED 19996
GLOBE CAPITAL MARKET LIMITED 19257 EUREKA 18575
EUREKA STOCK & SHARE BROKING SERVICES LIMITED 18315 SUSHIL FINANCE 18209
ALANKIT ASSIGNMENTS LTD. 16903 ARIHANT CAPITAL MARKETS LIMITED 17948
SWASTIKA INVESTMART LIMITED 16533 TRADEBULLS SECURITIES (P) LTD. 17618
STEEL CITY SECURITIES LTD. 13971 MONARCH 17062
ASHIKA STOCK BROKING LTD. 13540 ALANKIT ASSIGNMENTS LTD. 16721
EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13517 TRUSTLINE SECURITIES LIMITED 16459
PRABHUDAS LILLADHER PVT. LTD. 12573 WAY2WEALTH BROKERS PRIVATE LIMITED 15795
ISE SECURITIES & SERVICES LIMITED 12403 SWASTIKA INVESTMART LIMITED 15113
KIFS TRADE CAPITAL PRIVATE LIMITED 12087 STEEL CITY SECURITIES LTD. 15038
TRUSTLINE SECURITIES LIMITED 12056 EMKAY 14129
ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 11714 ASHIKA STOCK BROKING LTD. 14110
RKSV SECURITIES INDIA PRIVATE LIMITED 11239 ISE SECURITIES & SERVICES LIMITED 12437
SURESH RATHI SECURITIES PRIVATE LIMITED 11220 PRABHUDAS LILLADHER PVT. LTD. 12253
SAMCO SECURITIES LIMITED 10842 Janam 11863
VNS FINANCE & CAPITAL SERVICES LTD. 10071 Arcadia 11672
PHILLIPCAPITAL (INDIA) PVT. LTD 9677 BGSE FINANCIALS LIMITED 11650
R K GLOBAL SHARES & SECURITIES LIMITED 9474 INDITRADE CAPITAL LIMITED 11333
ASE CAPITAL MARKETS LTD. 9043 KIFS SECURITIES  PRIVATE LIMITED 11009
INTIME EQUITIES LIMITED 8930 R K GLOBAL SHARES & SECURITIES LIMITED 10356
FAIRWEALTH SECURITIES LIMITED 8766 PCS SECURITIES LTD. 10075
INDIANIVESH SECURITIES LTD. 8751 RKSV SECURITIES INDIA PRIVATE LIMITED 9842
GUINESS SECURITIES LIMITED 8714 FAIRWEALTH SECURITIES LIMITED 9687
STANDARD CHARTERED SECURITIES (INDIA) LIMITED 8535 GUINESS SECURITIES LIMITED 9642
SHCIL SERVICES LIMITED 8466 PHILLIPCAPITAL (INDIA) PVT. LTD 9632
SS CORPORATE SECURITIES LIMITED 8167 STANDARD CHARTERED 9351
MONARCH PROJECT & FINMARKETS LIMITED 8057 DBFS SECURITIES LIMITED 9303
PRUDENT BROKING SERVICES PRIVATE LIMITED 7972 VNS FINANCE & CAPITAL SERVICES LTD. 9131
PACE STOCK BROKING SERVICES PRIVATE LIMITED 7850 SURESH RATHI 8946
MANSUKH SECURITIES & FINANCE LIMITED 7850 C.D. EQUISEARCH PVT. LTD 8734
MUTHOOT SECURITIES LTD. 6976 DESTIMONEY SECURITIES PRIVATE LIMITED 8724
CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED 6951 HEDGE EQUITIES LIMITED 8689
LSE SECURITIES LIMITED 6785 SHREE BAHUBALI INTERNATIONAL LTD. 8531
LATIN MANHARLAL SECURITIES PVT. LTD. 6706 INTIME EQUITIES LIMITED 8508
DESTIMONEY SECURITIES PRIVATE LIMITED 6433 MANSUKH SECURITIES & FINANCE LIMITED 8310
C.D. EQUISEARCH PVT. LTD 6418 ADROIT 8173
MICROSEC CAPITAL LIMITED 6243 SSJ FINANCE & SECURITIES PVT. LTD. 7942
IFCI FINANCIAL SERVICES LIMITED 6154 INDIANIVESH SECURITIES PVT. LTD. 7877
AMRAPALI AADYA TRADING & INVESTMENT PRIVATE LIMITED 5734 IFCI FINANCIAL SERVICES LIMITED 7626
TATA SECURITIES LIMITED 5610 CAPSTOCKS 7312
PEERLESS SECURITIES LIMITED 5312 ASE CAPITAL MARKETS LTD. 7294
YES SECURITIES (INDIA) LIMITED 5227 MICROSEC CAPITAL LIMITED 7012
KUNVARJI FINSTOCK PVT. LTD. 5170 PACE STOCK BROKING 7000
SPFL SECURITIES LIMITED 5161 COIMBATORE CAPITAL LIMITED 6926
NAVIA MARKETS LTD. 4432 LSE SECURITIES LIMITED 6852
ALICE BLUE SECURITIES 4346 TATA SECURITIES LIMITED 6114
CHOICE EQUITY BROKING PRIVATE LIMITED 3917 PRUDENT BROKING 6030
ATS SHARE BROKERS PRIVATE LIMITED 3525 MUTHOOT SECURITIES LTD. 5981
SATCO CAPITAL MARKETS LIMITED 3153 CONSORTIUM SECURITIES PRIVATE LTD. 5795
INVENTURE GROWTH & SECURITIES LIMITED 3045 INDBANK 5740
MARFATIA STOCK BROKING PRIVATE LIMITED 3011 PEERLESS SECURITIES LIMITED 5739
KAYNET FINANCE LIMITED 2859 SAMCO SECURITIES LIMITED 5697
AMBALAL SHARES & STOCKS PRIVATE LIMITED 2822 SYKES & RAY EQUITIES (I) LTD. 5628
SHREE KANHA STOCK BROKING PVT. LTD 2775 SOUTH ASIAN STOCKS LTD. 5617
NJ INDIA INVEST PRIVATE LIMITED 2684 B N RATHI SECURITIES LIMITED 5593
JYOTI PORTFOLIO PRIVATE LIMITED 2675 SPFL SECURITIES LIMITED 5369
JUST TRADE SECURITIES LIMITED 2615 ELITE WEALTH ADVISORS LIMITED 5118
ASTHA CREDIT & SECURITIES (P) LTD 2469 ATS SHARE BROKERS PRIVATE LIMITED 4942
EASTERN FINANCIERS LTD 2366 BANSAL FINSTOCK PRIVATE LIMITED 4717
ASHLAR SECURITIES PRIVATE LIMITED 2234 CHOLAMANDALAM SECURITIES LIMITED 4587
MODEX INTERNATIONAL SECURITIES LTD. 2057 KUNVARJI FINSTOCK PVT. LTD. 4495
NORTHEAST BROKING SERVICES LTD. 2012 ACUMEN CAPITAL MARKET (INDIA) LTD 4460
ALMONDZ GLOBAL SECURITIES LTD. 1741 SYSTEMATIX 4448
MULTIPLEX CAPITAL LTD. 1710 AMRAPALI AADYA 4438
CIL SECURITIES LTD. 1550 SKP SECURITIES LTD. 4424
KALPATARU MULTIPLIER LTD. 1531 MATALIA STOCK BROKING PVT. LTD. 4336
ANKIT SECURITIES & FINANCE COMPANY PRIVATE LIMITED 1483 INDIRA SECURITIES PRIVATE LIMITED 4287
COMPOSITE INVESTMENTS PRIVATE LIMITED 1466 NAVIA MARKETS LTD. 4060
F6 FINSERVE PRIVATE LIMITED 1454 ALICE BLUE SECURITIES 4050
PSB SECURITIES LIMITED 1407 EXCLUSIVE SECURITIES LTD. 3911
MLB CAPITAL PRIVATE LIMITED 1375 DYNAMIC EQUITIES PRIVATE LIMITED 3808
ANUSH SHARES & SECURITIES PVT.LTD. 1314 NINE STAR BROKING PRIVATE LIMITED 3735
KARUNA FINANCIAL SERVICES PVT. LTD 1221 LAKSHMISHREE INVESTMENTS 3709
BERKELEY SECURITIES LIMITED 1131 VERTEX SECURITIES LTD. 3544
INDOVISION SECURITIES LIMITED 1130 ANS PVT. LTD. 3542
EDELWEISS SECURITIES LIMITED 1129 SW CAPITAL PRIVATE LIMITED 3528
BEZEL STOCK BROKERS PRIVATE LIMITED 1088 VOGUE COMMERCIAL COMPANY LIMITED 3510
RTG SHARE BROKING LIMITED 992 WEALTH MANTRA LIMITED 3464
SKUNG TRADELINK LIMITED 992 SATCO CAPITAL MARKETS LIMITED 3321
EXPONENTIAL FINANCIAL SERVICES PRIVATE LIMITED 989 ABHIPRA CAPITAL LTD. 3230
ARHAM SHARE CONSULTANTS PRIVATE LIMITED 986 JUST TRADE SECURITIES LIMITED 2936
MOTISONS SHARES PRIVATE LIMITED 958 INDIA ADVANTAGE 2913
VERACITY FINANCIAL SERVICES PVT LTD 908 ITI FINANCIAL SERVICES LTD. 2889
AMBIT SECURITIES BROKING PVT. LTD. 868 DIMENSIONAL SECURITIES PVT. LTD 2863
VGP PORTFOLIO 867 HSE SECURITIES LTD. 2849
VACHANA INVESTMENTS PRIVATE LIMITED 691 KAYNET FINANCE LIMITED 2831
GCL SECURITIES PVT LTD 575 SUGAL & DAMANI SHARE BROKERS LIMITED 2701
BEST BULL STOCK TRADING 575 SHILPA STOCK BROKER PRIVATE LIMITED 2693
PRL STOCK & SHARE BROKERS PVT. LTD. 570 CHOICE EQUITY BROKING PRIVATE LIMITED 2653
BEELINE BROKING LTD 561 EASTERN FINANCIERS LTD 2632
ACTION FINANCIAL SERVICES (INDIA) LIMITED 553 KANTILAL CHAGANLAL 2619
MSE FINANCIAL SERVICES LTD. 536 NG RATHI INVESTRADES PRIVATED LIMITED 2611
ADWEALTH STOCK BROKING PRIVATE LIMITED 492 MPSE SECURITIES LIMITED 2587
KHAMBATTA SECURITIES LTD. 430 ASTHA CREDIT & SECURITIES (P) LTD 2567
I VENTURES CAPITAL PRIVATE LIMITED 387 MANUBHAI MANGALDAS 2560
PRRSAAR 386 DANI SHARES & STOCKS PRIVATE LIMITED 2520
PROFICIENT EQUITIES PRIVATE LIMITED 265 INTEGRATED MASTER 2453
SAS BROKING PRIVATE LIMITED 262 FRR SHARES AND SECURITIES LIMITED 2452
KEYNOTE CAPITALS LTD. 239 ASHLAR SECURITIES PRIVATE LIMITED 2441
NNM SECURITIES PVT. LTD. 183 DB (INTERNATIONAL) 2394
SPACE ANG INDIA CORPORATION 140 JKB FINANCIAL SERVICES LIMITED 2222
SODHANI SECURITIES LTD. 123 RR EQUITY BROKERS PVT. LTD. 2217
PAN SECURITIES LIMITED 104 NORTHEAST BROKING SERVICES LTD. 2107
SRI BHEEMESWARA SECURITIES (P) LTD 54 NJ INDIA INVEST PRIVATE LIMITED 2058
UNITY FINCAP PVT. LTD. 46 ORION CAPITAL AND DEBT MARKET 2056
MOTISONS SECURITIES PVT LTD 22 TRADESWIFT BROKING PRIVATE LIMITED 2025
QUANT SECURITIES PRIVATE LIMITED 7 FORTUNE CAPITAL 1807
ICICI BANK LTD. 5 ALMONDZ GLOBAL SECURITIES LTD. 1785
FORTUNE CAPITAL SERVICES 2 ORTEM SECURITIES LIMITED 1778
JKM STOCK VISION 1 GOGIA CAPITAL SERVICES LIMITED 1756
TRADEWELL SECURITIES LTD. NA TRADEWELL SECURITIES LTD. 1589
RAGHUNANDAN CAPITAL PRIVATE LIMITED NA RAGHUNANDAN CAPITAL PRIVATE LIMITED 1568
KALPATARU MULTIPLIER LTD. NA KALPATARU MULTIPLIER LTD. 1552
FORTUNE FISCAL LTD NA FORTUNE FISCAL LTD 1541
PATERSON SECURITIES PRIVATE LIMITED NA PATERSON SECURITIES PRIVATE LIMITED 1506
F6 FINSERVE PRIVATE LIMITED NA F6 FINSERVE PRIVATE LIMITED 1481
BALJIT SECURITIES PVT. LTD. NA BALJIT SECURITIES PVT. LTD. 1448
GREENBUCKS NA GREENBUCKS 1417
ACHIIEVERS EQUITIES LIMITED NA ACHIIEVERS EQUITIES LIMITED 1404
EDELWEISS SECURITIES LIMITED NA EDELWEISS SECURITIES LIMITED 1397
SKI CAPITAL SERVICES LTD. NA SKI CAPITAL SERVICES LTD. 1338
KARUNA FINANCIAL SERVICES PVT. LTD NA KARUNA FINANCIAL SERVICES PVT. LTD 1309
EAST INDIA SECURITIES LTD. NA EAST INDIA SECURITIES LTD. 1302
RTG SHARE BROKING LIMITED NA RTG SHARE BROKING LIMITED 1286
BEZEL STOCK BROKERS PRIVATE LIMITED NA BEZEL STOCK BROKERS PRIVATE LIMITED 1255
BERKELEY SECURITIES LIMITED NA BERKELEY SECURITIES LIMITED 1235
FAST CAPITAL MARKETS LTD. NA FAST CAPITAL MARKETS LTD. 1182
INDOVISION SECURITIES LIMITED NA INDOVISION SECURITIES LIMITED 1175
SUNFLOWER BROKING PVT. LTD. NA SUNFLOWER BROKING PVT. LTD. 1154
FORT SHARE BROKING PRIVATE LIMITED NA FORT SHARE BROKING PRIVATE LIMITED 1151
FAIRWEALTH SECURITIES LIMITED NA FAIRWEALTH SECURITIES LIMITED 2305
COMPOSITE SECURITIES LTD. NA COMPOSITE SECURITIES LTD. 1145
PEE AAR SECURITIES LIMITED NA PEE AAR SECURITIES LIMITED 1089
VGP PORTFOLIO NA VGP PORTFOLIO 1066
MEHTA EQUITIES LIMITED NA MEHTA EQUITIES LIMITED 1059
INDO THAI SECURITIES LTD. NA INDO THAI SECURITIES LTD. 1012
TR CAPITAL LIMITED NA TR CAPITAL LIMITED 1008
MERITS CAPITAL MARKET SERVICES PVT. LTD. NA MERITS CAPITAL MARKET SERVICES PVT. LTD. 1007
BADJATE STOCK AND SHARES PRIVATE LIMITED NA BADJATE STOCK AND SHARES PRIVATE LIMITED 976

Networth Direct aka Monarch Networth capital suspended for 1 month

Fellow traders & investors,

Networth Stock Broking Ltd., (New Name: Monarch Networth Capital Limited) has been suspended from trading for a period of one month on charges of participating in “Circular Trading”, a manipulative trading practice, between 1st of  August 2002 and 16th of October 2002 and in doing so driving the price of G. G. Automotive Gears Limited from Rs.23 to Rs. 115.30 in the 38 day period.

Networth’s  broking license was suspended for a period of one month by SEBI in April of 2011. But the order was overturned by a Special Appellate Tribunal(SAT). On further appeals from the regulator, and a Supreme Court order dated 20th May 2016, Networth, now Monarch Networth Capital Limited has been asked to cease all trading on exchanges for a period of one month starting 21st May 2016.

Check this link from BSE for more.

Our view on what should you do?  

The balance sheet of the company seems to be in an okay shape. PAT of Rs 3 crores for FY 14/15. But still if you are a client you would not be able to take a trade with them from monday. It is best advised to move your business from this brokerage to another firm. You can use our portal Comparbrokerages to decide.

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RKSV Kalaari capital investment – Insiderview

Fellow traders & investors,

Read the news on RKSV securities raising Rs 27 crores from Kalaari Capital today morning on Economic Times. Being a CA who follows all the brokerages closely, I took some effort to go through the filings, here is quick overview of the deal:

  • Firstly, the news article reads 50,000 clients. It is not correct, it is lesser than 10,000 clients as per the latest list available with the exchange. Check this post with all brokers and their active clients.
  • Rs 27 Crores of investment has lead to dilution of around 18% stake in the business. So RKSV securities has been valued at around Rs 150 crores.
  • The revenue from operations for the last year was around Rs 7.5 crores. The net loss for the business in the last two financial years FY 2014-15 and FY 2013-14, have been Rs 7 Lakhs and Rs 73 Lakhs respectively.

I guess it was the need of the hour for them to raise some capital, with the losses over the last two years. It is very encouraging though that VC investors are now looking at startups in the capital markets. Fundsindia (around Rs 80 crores), Scripbox (Rs 20 crores), Samco/Indian trading league (Rs 20 crores), and now RKSV (Rs 27 crores). Most of these investments were committed before the recent bloodbath on the stock markets. It would be interesting to find out from the investors if they would have committed capital with so much turmoil around.

Wishing the team at RKSV securities all the best. Also hoping that they spend the money wisely and not just blow it all out on advertising like Samco securities.

Don’t forget to visit http://comparebrokerages.in/.

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Active clients – Broker wise in India

Fellow traders & investors,

Find following the list of active clients of all the brokerage firms in India – this is as of NOV 2015. This list is for equity clients only and is available on NSE website.

Active client = 1 trade in that particular financial year.

Visit our website http://comparebrokerages.in/ to compare the popular ones.

1 ICICI SECURITIES LIMITED 567188
2 HDFC SECURITIES LTD. 384736
3 SHAREKHAN LTD. 341809
4 INDIA INFOLINE LTD. 271383
5 KOTAK SECURITIES LTD. 261482
6 KARVY STOCK BROKING LTD. 170130
7 ANGEL BROKING PRIVATE LIMITED 168344
8 MOTILAL OSWAL SECURITIES LTD. 160831
9 GEOJIT BNP PARIBAS FINANCIAL SERVICES LIMITED 160718
10 AXIS SECURITIES LIMITED 146518
11 RELIGARE SECURITIES LTD. 124826
12 SBICAP SECURITIES LIMITED 122433
13 RELIANCE SECURITIES LIMITED 107613
14 EDELWEISS BROKING LIMITED 75625
15 SMC GLOBAL SECURITIES LTD. 64146
16 NIRMAL BANG SECURITIES PVT. LTD. 60366
17 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 58505
18 VENTURA SECURITIES LTD. 57598
19 ZERODHA 46052
20 INDIABULLS VENTURES LTD. 40631
21 ADITYA BIRLA MONEY LIMITED 40525
22 BMA WEALTH CREATORS LIMITED 36782
23 BONANZA PORTFOLIO LTD. 34015
24 INTEGRATED ENTERPRISES (INDIA) LIMITED 33836
25 MASTER CAPITAL SERVICES LIMITED 33012
26 SHRIRAM INSIGHT SHARE BROKERS LIMITED 31400
27 JM FINANCIAL SERVICES LIMITED 27314
28 NETWORTH STOCK BROKING LTD. 25024
29 EDELWEISS FINANCIAL ADVISORS LIMITED 24512
30 LKP SECURITIES LTD. 22274
31 SHRI PARASRAM HOLDINGS PVT. LTD. 21938
32 IDBI CAPITAL MARKET SERVICES LTD. 21321
33 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 21101
34 GLOBE CAPITAL MARKET LIMITED 20092
35 JHAVERI SECURITIES LIMITED 19996
36 EUREKA STOCK & SHARE BROKING SERVICES LIMITED 18575
37 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 18209
38 ARIHANT CAPITAL MARKETS LIMITED 17948
39 TRADEBULLS SECURITIES (P) LTD. 17618
40 MONARCH PROJECT & FINMARKETS LIMITED 17062
41 ALANKIT ASSIGNMENTS LTD. 16721
42 TRUSTLINE SECURITIES LIMITED 16459
43 WAY2WEALTH BROKERS PRIVATE LIMITED 15795
44 SWASTIKA INVESTMART LIMITED 15113
45 STEEL CITY SECURITIES LTD. 15038
46 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 14129
47 ASHIKA STOCK BROKING LTD. 14110
48 ISE SECURITIES & SERVICES LIMITED 12437
49 PRABHUDAS LILLADHER PVT. LTD. 12253
50 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 11863
51 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 11672
52 BGSE FINANCIALS LIMITED 11650
53 INDITRADE CAPITAL LIMITED 11333
54 KIFS SECURITIES  PRIVATE LIMITED 11009
55 R K GLOBAL SHARES & SECURITIES LIMITED 10356
56 PCS SECURITIES LTD. 10075
57 RKSV SECURITIES INDIA PRIVATE LIMITED 9842
58 FAIRWEALTH SECURITIES LIMITED 9687
59 GUINESS SECURITIES LIMITED 9642
60 PHILLIPCAPITAL (INDIA) PVT. LTD 9632
61 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 9351
62 DBFS SECURITIES LIMITED 9303
63 VNS FINANCE & CAPITAL SERVICES LTD. 9131
64 SURESH RATHI SECURITIES PRIVATE LIMITED 8946
65 C.D. EQUISEARCH PVT. LTD 8734
66 DESTIMONEY SECURITIES PRIVATE LIMITED 8724
67 HEDGE EQUITIES LIMITED 8689
68 SHREE BAHUBALI INTERNATIONAL LTD. 8531
69 INTIME EQUITIES LIMITED 8508
70 MANSUKH SECURITIES & FINANCE LIMITED 8310
71 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 8173
72 SSJ FINANCE & SECURITIES PVT. LTD. 7942
73 INDIANIVESH SECURITIES PVT. LTD. 7877
74 IFCI FINANCIAL SERVICES LIMITED 7626
75 CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED 7312
76 ASE CAPITAL MARKETS LTD. 7294
77 MICROSEC CAPITAL LIMITED 7012
78 PACE STOCK BROKING SERVICES PRIVATE LIMITED 7000
79 COIMBATORE CAPITAL LIMITED 6926
80 LSE SECURITIES LIMITED 6852
81 TATA SECURITIES LIMITED 6114
82 PRUDENT BROKING SERVICES PRIVATE LIMITED 6030
83 MUTHOOT SECURITIES LTD. 5981
84 CONSORTIUM SECURITIES PRIVATE LTD. 5795
85 INDBANK MERCHANT BANKING SERVICES LTD. 5740
86 PEERLESS SECURITIES LIMITED 5739
87 SAMCO SECURITIES LIMITED 5697
88 SYKES & RAY EQUITIES (I) LTD. 5628
89 SOUTH ASIAN STOCKS LTD. 5617
90 B N RATHI SECURITIES LIMITED 5593
91 SPFL SECURITIES LIMITED 5369
92 ELITE WEALTH ADVISORS LIMITED 5118
93 ATS SHARE BROKERS PRIVATE LIMITED 4942
94 BANSAL FINSTOCK PRIVATE LIMITED 4717
95 CHOLAMANDALAM SECURITIES LIMITED 4587
96 KUNVARJI FINSTOCK PVT. LTD. 4495
97 ACUMEN CAPITAL MARKET (INDIA) LTD 4460
98 SYSTEMATIX SHARES & STOCKS (INDIA) LTD. 4448
99 AMRAPALI AADYA TRADING & INVESTMENT PRIVATE LIMITED 4438
100 SKP SECURITIES LTD. 4424
101 MATALIA STOCK BROKING PVT. LTD. 4336
102 INDIRA SECURITIES PRIVATE LIMITED 4287
103 NAVIA MARKETS LTD. 4060
104 ALICE BLUE SECURITIES 4050
105 EXCLUSIVE SECURITIES LTD. 3911
106 DYNAMIC EQUITIES PRIVATE LIMITED 3808
107 NINE STAR BROKING PRIVATE LIMITED 3735
108 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 3709
109 VERTEX SECURITIES LTD. 3544
110 ANS PVT. LTD. 3542
111 SW CAPITAL PRIVATE LIMITED 3528
112 VOGUE COMMERCIAL COMPANY LIMITED 3510
113 WEALTH MANTRA LIMITED 3464
114 SATCO CAPITAL MARKETS LIMITED 3321
115 ABHIPRA CAPITAL LTD. 3230
116 JUST TRADE SECURITIES LIMITED 2936
117 INDIA ADVANTAGE SECURITIES PRIVATE LIMITED 2913
118 ITI FINANCIAL SERVICES LTD. 2889
119 DIMENSIONAL SECURITIES PVT. LTD 2863
120 HSE SECURITIES LTD. 2849
121 KAYNET FINANCE LIMITED 2831
122 SUGAL & DAMANI SHARE BROKERS LIMITED 2701
123 SHILPA STOCK BROKER PRIVATE LIMITED 2693
124 CHOICE EQUITY BROKING PRIVATE LIMITED 2653
125 EASTERN FINANCIERS LTD 2632
126 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2619
127 NG RATHI INVESTRADES PRIVATED LIMITED 2611
128 MPSE SECURITIES LIMITED 2587
129 ASTHA CREDIT & SECURITIES (P) LTD 2567
130 MANUBHAI MANGALDAS SECURITIES PVT. LTD. 2560
131 DANI SHARES & STOCKS PRIVATE LIMITED 2520
132 INTEGRATED MASTER SECURITIES PVT. LTD. 2453
133 FRR SHARES AND SECURITIES LIMITED 2452
134 ASHLAR SECURITIES PRIVATE LIMITED 2441
135 DB (INTERNATIONAL) STOCK BROKERS LTD. 2394
136 JKB FINANCIAL SERVICES LIMITED 2222
137 RR EQUITY BROKERS PVT. LTD. 2217
138 NORTHEAST BROKING SERVICES LTD. 2107
139 NJ INDIA INVEST PRIVATE LIMITED 2058
140 ORION CAPITAL AND DEBT MARKET 2056
141 TRADESWIFT BROKING PRIVATE LIMITED 2025
142 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 1807
143 ALMONDZ GLOBAL SECURITIES LTD. 1785
144 ORTEM SECURITIES LIMITED 1778
145 GOGIA CAPITAL SERVICES LIMITED 1756
146 TRADEWELL SECURITIES LTD. 1589
147 RAGHUNANDAN CAPITAL PRIVATE LIMITED 1568
148 KALPATARU MULTIPLIER LTD. 1552
149 FORTUNE FISCAL LTD 1541
150 PATERSON SECURITIES PRIVATE LIMITED 1506
151 F6 FINSERVE PRIVATE LIMITED 1481
152 BALJIT SECURITIES PVT. LTD. 1448
153 GREENBUCKS SECURITIES PRIVATE LIMITED 1417
154 ACHIIEVERS EQUITIES LIMITED 1404
155 EDELWEISS SECURITIES LIMITED 1397
156 SKI CAPITAL SERVICES LTD. 1338
157 KARUNA FINANCIAL SERVICES PVT. LTD 1309
158 EAST INDIA SECURITIES LTD. 1302
159 RTG SHARE BROKING LIMITED 1286
160 BEZEL STOCK BROKERS PRIVATE LIMITED 1255
161 BERKELEY SECURITIES LIMITED 1235
162 FAST CAPITAL MARKETS LTD. 1182
163 INDOVISION SECURITIES LIMITED 1175
164 SUNFLOWER BROKING PVT. LTD. 1154
165 FORT SHARE BROKING PRIVATE LIMITED 1151
166 COMPOSITE SECURITIES LTD. 1145
167 PEE AAR SECURITIES LIMITED 1089
168 VGP PORTFOLIO 1066
169 MEHTA EQUITIES LIMITED 1059
170 INDO THAI SECURITIES LTD. 1012
171 TR CAPITAL LIMITED 1008
172 MERITS CAPITAL MARKET SERVICES PVT. LTD. 1007
173 BADJATE STOCK AND SHARES PRIVATE LIMITED 976
174 KUMAR SHARE BROKERS LTD. 925
175 MAXGROWTH CAPITAL PRIVATE LIMITED 912
176 SHREEPATI HOLDINGS & FINANCE PRIVATE LIMITED 890
177 TRANSPARENT SHARES AND SECURITIES PRIVATE LIMITED 882
178 SKUNG TRADELINK LIMITED 793
179 WELLINDIA SECURITIES LIMITED 779
180 URJA INVESTMENT PVT. LTD. 778
181 VEDIKA SECURITIES (P) LTD 764
182 VACHANA INVESTMENTS PRIVATE LIMITED 678
183 PRL STOCK & SHARE BROKERS PVT. LTD. 656
184 ROONGTA RISING STOCK PRIVATE LIMITED 652
185 VISHWAS FINCAP SERVICES PRIVATE LIMITED 594
186 ACTION FINANCIAL SERVICES (INDIA) LIMITED 594
187 COMFORT SECURITIES LIMITED 593
188 BOB CAPITAL MARKETS LIMITED 557
189 FINVASIA SECURITIES PRIVATE LIMITED 524
190 AJMERA ASSOCIATES LTD. 485
191 INTELLECT STOCK BROKING LIMITED 438
192 SHREE TISAI CONSULTANT PRIVATE LIMITED 425
193 FIRST GLOBAL STOCKBROKING PVT.LTD. 419
194 I VENTURES CAPITAL PRIVATE LIMITED 399
195 AXIS CAPITAL LIMITED 395
196 INTERACTIVE BROKERS (INDIA) PRIVATE LIMITED 367
197 MONEYPLEX SECURITIES PRIVATE LIMITED 339
198 PRRSAAR 333
199 KARMIC STOCK BROKING PRIVATE LIMITED 329
200 SHRIAM FINANCIAL PRIVATE LIMITED 321
201 BHAIJEE PORTFOLIO LIMITED 299
202 SAS BROKING PRIVATE LIMITED 279
203 CAPITAL WIZARD STOCK BROKING PVT. LTD. 252
204 MANALI TRADING & HOLDINGS PRIVATE LIMITED 251
205 PADMAKSHI FINANCIAL SERVICES LIMITED 250
206 KEYNOTE CAPITALS LTD. 247
207 DIVYA PORTFOLIO PRIVATE LIMITED 245
208 UBS SECURITIES INDIA PVT. LTD. 232
209 SAMURAI SECURITIES PRIVATE LIMITED 187
210 REFLECTION INVESTMENTS 185
211 FLOURISH FINCAP PVT LTD 176
212 TIME CAPITAL LTD. 160
213 BNK SECURITIES PVT.LTD. 148
214 MOONGIPA INVESTMENTS LIMITED 143
215 INFINITY.COM FINANCIAL SECURITIES LIMITED 124
216 PAN SECURITIES LIMITED 114
217 RELIGARE CAPITAL MARKETS LIMITED 112
218 PARIM FINSERV 104
219 FINCAP PORTFOLIO LIMITED 101
220 COMPUACTION FINANCIAL SERVICES PVT. LTD. 97
221 SAMRIDHI STOCKS PVT. LTD. 68
222 SRM SECURITIES PRIVATE LIMITED 58
223 ENRICH FIN & SECURITIES LTD. 58
224 NIRMAL BANG EQUITIES PRIVATE LIMITED 52
225 NORD FOREX INDIA PVT. LTD. 46
226 GOLDSTREET SECURITIES LIMITED 45
227 DJS STOCK AND SHARES LTD. 35
228 QUANT SECURITIES PRIVATE LIMITED 34
229 BURGEON SECURITIES 31
230 GOOD FORTUNE CAPITALS PRIVATE LIMITED 30
231 ADVENTURES INDIA FINANCIAL SERVICES LIMITED 28
232 KORP SECURITIES LTD 23
233 ANGEL SECURITIES LTD 20
234 OPG SECURITIES PVT. LTD. 19
235 ICICI BANK LTD. 7
236 PASSION STOCK BROKING PRIVATE LIMITED 6
237 CREATIVE GLOBAL STOCK BROKING PRIVATE LIMITED 4
238 ORION STOCKS LIMITED 3
239 KOTAK MAHINDRA BANK LTD. 1
240 TRANSGLOBAL SECURITIES LTD. 1
241 BANSAL SHAREVEST SERVICES LTD 1
242 ICICI SECURITIES PRIMARY DEALERSHIP LIMITED 1
243 UNICON SECURITIES PVT. LTD. 0
244 MAX PLANWEALTH SECURITIES LIMITED 0
245 FIN BRAINS SECURITIES (INDIA) LTD. 0
246 STOCK HOLDING CORPORATION OF INDIA LTD 0
247 DREAMS BROKING PRIVATE LIMITED 0
248 CLICK2TRADE CAPITAL LIMITED 0
249 HDFC BANK LTD. 0
250 ZERODHA SECURITIES PRIVATE LIMITED 0
251 MNS SECURITIES LTD. 0
252 ORIENT CAPITAL MARKETS PVT.LTD. 0
253 ANAND RATHI FINANCIAL SERVICES LIMITED 0
254 ALKA SECURITIES LTD 0
255 AXIS CAPITAL MARKET (INDIA) LIMITED 0
256 IL&FS SECURITIES SERVICES LIMITED 0
257 EDELWEISS CAPITAL LTD. 0
258 BASANT SHARE AND STOCK BROKING PVT. LTD. 0
259 SHREYAS STOCKS PRIVATE LIMITED 0
260 ROYAL INTERNATIONAL SHARES PRIVATE LIMITED 0
261 FULLERTON SECURITIES & WEALTH ADVISORS LIMITED 0
262 INDIABULLS BROKERAGE LIMITED 0
263 MAHESH INVESTMENTS 0
264 ORIENTAL CAPITAL MARKETS LTD. 0
265 KOTAK MAHINDRA SECURITIES LTD. 0
266 ICICI WEB TRADE LTD 0
267 INDIAN FINANCE GUARANTY LTD. 0
268 M G CAPITAL SERVICES LTD. 0

 

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