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Background

Year of Incorporation 2000
Website sharekhan
Phone 022-61150000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 87.5 Crores
Profit after Tax FY12/13 Rs 107 Crores
Profit after Tax FY13/14 Details not available yet
Profit after Tax FY 14/15 NA
Debt FY11/12 Rs 335.1 Crores
Debt FY12/13 Rs 335.1 Crores
Debt FY13/14 Details not available yet
Debt FY14/15 NA
Profit to Equity(%) FY11/12 19.86
Profit to Equity(%) FY12/13 16.04
Profit to Equity(%) FY13/14 Details not available yet
Profit to Equity(%) FY14/15 NA
Balance Sheet Size FY11/12 Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores
Balance Sheet Size FY13/14 Details not available yet
Balance Sheet Size FY14/15 NA
Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures 0.03% of Turnover - Negotiable
Equity Options Rs 50/lot - Negotiable
Currency Futures 0.03% of Turnover- Negotiable
Currency Options Rs 20/lot- Negotiable
Commodity 0.03% of Turnover- Negotiable
Account Opening Costs

Trading only NA
Trading & Demat Rs 500 which will be adjusted with brokerage
Commodity NA
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover
Futures 0.0021% of Turnover
Options 0.055% of Premium Turnover
Commodities 0.0027% of Turnover
AMC charge Rs 400/year
DP Transaction Charge Rs 30 or 0.03% whichever is higher
Offline order placing Charge NA
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 30 Days
End of Day 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Futures Upto 2 times for Intraday
Equity Options No Leverage
Currency Futures No Leverage
Currency Options No Leverage
Commodity Upto 2 times for Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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