Prabhudas Lilladher vs Karvy Stock Broking Ltd. 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 Karvy Stock Broking Ltd.

Please note than as of Friday, 22 Nov, 2019, Karvy Stock Broking Ltd is barred by SEBI from taking on any new clients, after finding alleged client-related fraud. However, Karvy will still serve the existing client base. They can still trade and manage the existing client’s demat accounts, and still serve services like applying in IPOs, and still retain the option to close their account anytime, but opening up of new accounts is prohibited.

Karvy Stock Broking Ltd (KSBL), established in 1990, is a subsidiary of KARVY Group, who happen to be one of India's popular financial services company. The firm, being a full service broker, offers stock broking and research advisory services too.

Karvy Stock Broking: Overview

Karvy Stock Broking Ltd (KSBL) is based out of Hyderabad, and is the brokerage-subsidiary Karvy Group. The firm happens to be a registered member of BSE, NSE, MCX, and ICEX along with being a registered

Prabhudas Lilladher vs Karvy Stock Broking Ltd. Account Opening Charges: 2024

ChargePrabhudas LilladherKarvy Stock Broking Ltd.
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹250, free for 1st year₹500 p.a. (For 1st year: Free)

Prabhudas Lilladher vs Karvy Stock Broking Ltd. Brokerage Charges and Plans : 2024

ChargePrabhudas LilladherKarvy Stock Broking Ltd.
Plan NameN/ABasic Plan
Equity Delivery0.2%0.3%
Equity Intraday0.02%0.03%
Equity Futures0.02%0.03%
Equity Options0.02%₹50 per lot
Currency Futures0.02% to 0.01%0.03%
Currency Options₹15 per Lot₹50 per lot
Commodity Options0.02%0.01% only on the sell side
Mutual FundN/AN/A

Prabhudas Lilladher vs Karvy Stock Broking Ltd. Margin / Exposure: 2024

SegmentPrabhudas LilladherKarvy Stock Broking Ltd.
Equity DeliveryN/AUpto 5x
Equity IntradayN/AUpto 20x
Equity FutureN/AUpto 4x
Equity OptionsN/AUpto 4x for shorting
Currency FutureN/ANil
Currency OptionsN/ANil
Commodity FutureN/AUpto 4x
Commodity OptionsN/AN/A

Prabhudas Lilladher vs Karvy Stock Broking Ltd. Currency Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% to 0.01% for Currency Futures and ₹15 per Lot for Currency Options whereas Karvy Stock Broking Ltd. Charges 0.03% for Currency futures and ₹50 per lot for Currency options.

Prabhudas Lilladher vs Karvy Stock Broking Ltd. Commodity Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% for commodity and Karvy Stock Broking Ltd. charge 0.01% only on the sell side for commodity.
Ask your questions here

Other Comparisons of Prabhudas Lilladher and Karvy Stock Broking Ltd.

Prabhudas LilladherKarvy Stock Broking Ltd.
Prabhudas Lilladher vs 5paisaKarvy Stock Broking Ltd. vs 5paisa
Prabhudas Lilladher vs StoxkartKarvy Stock Broking Ltd. vs Stoxkart
Prabhudas Lilladher vs SBIcap SecuritiesKarvy Stock Broking Ltd. vs SBIcap Securities
Prabhudas Lilladher vs HDFC SecuritiesKarvy Stock Broking Ltd. vs HDFC Securities
Prabhudas Lilladher vs ICICI DirectKarvy Stock Broking Ltd. vs ICICI Direct
Prabhudas Lilladher vs Master TrustKarvy Stock Broking Ltd. vs Master Trust
Prabhudas Lilladher vs Trading BellsKarvy Stock Broking Ltd. vs Trading Bells
Prabhudas Lilladher vs ProStocksKarvy Stock Broking Ltd. vs ProStocks
Prabhudas Lilladher vs Reliance SecuritiesKarvy Stock Broking Ltd. vs Reliance Securities
Prabhudas Lilladher vs EdelweissKarvy Stock Broking Ltd. vs Edelweiss
Prabhudas Lilladher vs FyersKarvy Stock Broking Ltd. vs Fyers
Prabhudas Lilladher vs AxisDirectKarvy Stock Broking Ltd. vs AxisDirect
Prabhudas Lilladher vs Yes SecuritiesKarvy Stock Broking Ltd. vs Yes Securities
Prabhudas Lilladher vs Angel BrokingKarvy Stock Broking Ltd. vs Angel Broking
Prabhudas Lilladher vs Wisdom CapitalKarvy Stock Broking Ltd. vs Wisdom Capital
Prabhudas Lilladher vs GrowwKarvy Stock Broking Ltd. vs Groww
Prabhudas Lilladher vs Anand RathiKarvy Stock Broking Ltd. vs Anand Rathi
Prabhudas Lilladher vs Ventura SecuritiesKarvy Stock Broking Ltd. vs Ventura Securities
Prabhudas Lilladher vs Motilal OswalKarvy Stock Broking Ltd. vs Motilal Oswal
Prabhudas Lilladher vs IndiabullsKarvy Stock Broking Ltd. vs Indiabulls
Prabhudas Lilladher vs FinvasiaKarvy Stock Broking Ltd. vs Finvasia
Prabhudas Lilladher vs IIFL SecuritiesKarvy Stock Broking Ltd. vs IIFL Securities
Prabhudas Lilladher vs Trade Smart OnlineKarvy Stock Broking Ltd. vs Trade Smart Online
Prabhudas Lilladher vs Alice BlueKarvy Stock Broking Ltd. vs Alice Blue
Prabhudas Lilladher vs UpstoxKarvy Stock Broking Ltd. vs Upstox
Prabhudas Lilladher vs IDBI DirectKarvy Stock Broking Ltd. vs IDBI Direct
Prabhudas Lilladher vs Nirmal BangKarvy Stock Broking Ltd. vs Nirmal Bang
Prabhudas Lilladher vs Paytm MoneyKarvy Stock Broking Ltd. vs Paytm Money
Prabhudas Lilladher vs Marwadi SharesKarvy Stock Broking Ltd. vs Marwadi Shares
Prabhudas Lilladher vs SharekhanKarvy Stock Broking Ltd. vs Sharekhan
Prabhudas Lilladher vs Kotak SecuritiesKarvy Stock Broking Ltd. vs Kotak Securities
Prabhudas Lilladher vs SAMCOKarvy Stock Broking Ltd. vs SAMCO
Prabhudas Lilladher vs ZerodhaKarvy Stock Broking Ltd. vs Zerodha