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
Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.
Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.
Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides
Charge | Prabhudas Lilladher | Finvasia |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹0 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹250, free for 1st year | ₹0 (Free) |
Charge | Prabhudas Lilladher | Finvasia |
---|---|---|
Plan Name | N/A | Standard |
Equity Delivery | 0.2% | ₹0 |
Equity Intraday | 0.02% | ₹0 |
Equity Futures | 0.02% | ₹0 |
Equity Options | 0.02% | ₹0 |
Currency Futures | 0.02% to 0.01% | ₹0 |
Currency Options | ₹15 per Lot | ₹0 |
Commodity Options | 0.02% | ₹0 |
Mutual Fund | N/A | N/A |
Segment | Prabhudas Lilladher | Finvasia |
---|---|---|
Equity Delivery | N/A | 1x |
Equity Intraday | N/A | Upto 10x |
Equity Future | N/A | 2x |
Equity Options | N/A | 1x |
Currency Future | N/A | 1x |
Currency Options | N/A | 1x |
Commodity Future | N/A | 2x |
Commodity Options | N/A | 1x |