Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is known for developing and implementing customized solutions for any client’s financial problems which in-turn empowers the client to work efficiently.
One of the companies “Prabhudas Lilladher Financial Services Pvt. Ltd.” a subsidiary company that is also an RBI approved Non-Banking Financial Company (NBFC) branch of PL group helps their clients to manage funds for their companies and organizations.
Now, I will try and explain a few services offered by the corporation.
The organization provides online as well as offline trading services. It provides trading opportunities through Equity, Future & Option, and Commodities & currency.
They offer services in distribution of a variety of customized financial products with unique risk to rewards equations that help meet financial objectives.
It aims at understanding the unique needs of the clients and enhances financial growth with personalized attention.
It offers margin funding finance against shares & securities to meet fund requirements of various categories of borrowers that include Retail & HNI, HNIs, HUFs, and Corporate entities. PL India also aids and encourages investment opportunities in primary market issues and Mutual Fund Schemes by providing financial help.
PL is ranked as one of the top institutional brokers in India. It covers secondary market Institutional and marketing of equity trading offerings including IPO to domestic and foreign institutional investors.
Investment banking: The organization also provides investment banking facility to the high net worth client which helps them with their capital needs. A few services offered are IPO, FPO, Buy Back of shares, Delisting of shares, Right Issue, etc.
To empower their users and enable them to reap the benefit to the fullest, below are the products offered by the corporation:
The company is a legend in itself. It started its journey long way back and is still rising with such a spread of product and services and expanding the horizon of clientele base.
The demat and trading account opening process is quite similar to what you need to follow with other stock brokers in India. Keep all the required documents handy and get your demat and trading account activated with the stockbroker.
|Demat Account Opening Charges||₹0|
|Trading Acc Opening Charges||₹0|
|Trading Account AMC||₹0|
|Demat Account AMC||₹250, free for 1st year|
|Currency Futures||0.02% to 0.01%|
|Currency Options||₹15 per Lot|