Prabhudas Lilladher vs Indiabulls Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
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
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Prabhudas Lilladher vs Indiabulls Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹450 |
Prabhudas Lilladher vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Indiabulls |
|---|---|---|
| Plan Name | N/A | Equity Unlimited Trade Plan |
| Equity Delivery | 0.2% | ₹0 |
| Equity Intraday | 0.02% | ₹0 |
| Equity Futures | 0.02% | ₹15 per trade |
| Equity Options | 0.02% | ₹15 per trade |
| Currency Futures | 0.02% to 0.01% | ₹15 per trade |
| Currency Options | ₹15 per Lot | ₹15 per trade |
| Commodity Options | 0.02% | 0.03% |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Indiabulls Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Indiabulls |
|---|---|---|
| Equity Delivery | N/A | 1x (No margin) |
| Equity Intraday | N/A | Upto 5x |
| Equity Future | N/A | Intra-day: 4x | Carry forward: 1x |
| Equity Options | N/A | Intra-day: 4x | Carry forward: 1x |
| Currency Future | N/A | Intra-day: 2x | Carry forward: 1x |
| Currency Options | N/A | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |