Shri Parasram Holdings is a leading financial market player in India. The company is a clearing member in the FO segment of the stock exchange. The company has achieved consistent growth year after year and has built a stock base of more than 13,000 customers.
The motive to write this article is to provide detailed information about Shri Parasram Holdings Review, its offers, brokerage charges, research and advisory services, demat, and trading account opening charges, etc.
|Shri Parasram Holdings Highlights|
|Broker Type||Full Service Broker|
|Demat Account AMC||Rs. 885 for 10 years|
|Margin Required||75% Margin|
What do you know about Shri Parasram Holdings?
Shri Parasram Holdings is a renowned and customer-centric financial market player and one of the top financial market players in India. The Company is having membership with the stock exchanges such as NSE, BSE, and MCX stock exchange.
The brokerage company is a depository participant with NSDL since 2001. Presently, Shri Parasram Holdings caters to more than 13000 high net worth customers, NRI, Corporate and retail clients nationwide web of branch offices and business associates.
The company is spread across 350 locations in more than 160 cities in India. Shri Parasram Holdings aims to become one of the largest stockbroking companies in India. The offices are fully equipped with ultra-modern facilities for trading, depository, and other services.
|About Shri Parasram Holdings|
|Know a few details about them|
|Which type of Company is it? – Public / Private||Private|
|Which type of Broker is it? – Full Service / Discount||Full-Service Broker|
|Where is the registered office of the Company Located?||New Delhi|
|Who is the Founder of this Company?||Subhash Aggarwal|
|When did the company start?||1994|
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What are the various Demat Account Opening Charges levied by Shri Parasram Holdings?
If the traders are looking to trade in the distinct products offered by the company, then they are required to open the Shri Parasram Holdings demat and trading account. After opening their demat and trading account with the brokerage house, they can trade in any of the products offered by the company.
The brokerage house also imposes demat and trading account opening charges. The charges of the brokerage house demat account opening are NIL and Demat annual maintenance charges are Rs. 885 per annum. Traders are not required to pay any amount if they wish to open their trading account with the company.
Trading account opening charges and Trading account annual maintenance charges of the Shri Parasram Holdings are entirely free. The Depository participant involved with the brokerage house is CDSL & NDSL.
|Shri Parasram Holdings Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with it|
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||NIL|
|How much is the Demat AMC?||Rs. 885 for 10 years|
|What is the Trading AMC?||NIL|
|What is the initial Margin amount required?||75% Margin|
|Is dematerialization available?||Yes|
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Does Shri Parasram Holdings provide any Offers to their Clients?
Here is the detail of the Shri Parasram Holdings offers delivered to the customers:-
- A diverse range of financial services including institutional and retail brokerage of equity, derivatives, commodities etc.
- No trading account opening charges
- Advanced and user-friendly trading platforms
- Minimum brokerage charges imposed on the clients
- Discount on brokerages services
- I month free brokerage charges
- Flexible brokerage plans offered to the traders
|Shri Parasram Holdings Offers|
|Here are the various offers provided by it|
|Does the broker provide a Free Demat A/C offer?||No|
|Does the broker provide Free Trading A/C offer?||Yes|
|Is this broker offers a Discount on Brokerage?||Yes|
|Does the broker offer Happy hour trading to their clients?||No|
|Is the broking house provides a flexible brokerage plan?||Yes|
|Does the broker offer 1-month Free brokerage?||Yes|
|Are the Holiday offers provided by the broker?||Yes|
|Are there any referral offers shared by the broker?||No|
|Zero Brokerage for Loss-Making Trades||No|
What are the Brokerage Charges levied by Shri Parasram Holdings on various Segments?
If the traders are looking to trade in the distinct products offered by Shri Parasram Holdings, then they are required to brokerage charges to the company. The brokerage charges are paid for hiring the brokerage services.
In case of the Shri Parasram Holdings, brokerage charges are minimum, so the traders can comfortably pay without any worries, Brokerage charges for Equity Delivery, Equity Intraday, Commodity Trading, and Equity futures are 0.02% of the trade value whereas brokerage charges for Currency Futures are 0.02% of trade value.
Shri Parasram Holdings’ minimum brokerage charges requirement relies on the percentage of transactions. The minimum margin requirement is 75% Margin. Trading AMC charges are free.
|Shri Parasram Holdings Brokerage Charges|
|Here you will find details of brokerage levied by them on all segments|
|What are the Equity Delivery Charges?||0.15%|
|What are the Equity Intraday Charges?||0.02%|
|How much brokerage charged for Commodity Trading?||Rs 30 per lot|
|What is the brokerage on Equity Futures?||0.02%|
|How much brokerage charged for Equity Options?||Rs 30 per lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs 30 per lot|
|How much is the Minimum Brokerage required?||Percentage of Transaction|
|What is the Demat AMC?||Rs. 885 for 10 years|
|How much is the Trading AMC?||Free|
|What is the Minimum Margin Required?||75% Margin|
Does Shri Parasram Holdings levy any other charges apart from Brokerage?
If the traders are looking to trade in the distinct products offered by the brokerage house, then they are compelled to pay Shri Parasram Holdings other charges. These other charges are lesser and can be effortlessly paid by the traders.
Also, these other charges are been paid to the government of India. So the traders cannot skip these charges. These are the compulsory amount that the traders have to pay.
List of the other charges is Transaction charges, STT charges, SEBI Turnover charges, Stamp Duty charges, and GST charges. These are given in percentage form and are calculated on the turnover value.
|Shri Parasram Holdings Charges|
|Get a deep understanding of all other charges levied by it|
|How much are the Transaction Charges levied?||0.002750%|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
*Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on the sell side (Non-Agri)
Commodity Options: 0.05% on sell-side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell-side
|What are the SEBI Turnover charges?||0.00005% (Rs.5/Crore)|
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
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What is the Limit or Exposure offered by Shri Parasram Holdings?
The Shri Parasram Holdings limit or exposure value offered to the traders is minimum. The brokerage house does not offer high exposure to the traders in different products offered by them.
The highest exposure of 5x is offered in the product of Equity Intraday and Equity Options. The minimum exposure value of 1x is offered in the product of Equity Delivery. The exposure value of Equity Futures, Currency Options, and Commodity Trading is 1x.
The exposure value of Currency Futures is 1x. So, some of the product’s exposure value I similar whereas some of the product’s exposure value is different.
|Shri Parasram Holdings Exposure or Leverage|
|Here you will find the exposure or limit provided by it|
|How much is the limit on Equity Delivery?||1x|
|What is the limit on Equity Intraday?||Upto 5x|
|How much is the limit on Equity Futures?||1x|
|What is the limit on Equity Options?||1x|
|What is the exposure on Currency Futures?||1x|
|How much is the leverage on Currency Options?||1x|
|What is the limit on Commodity Trading?||1x|
How to Open Shri Parasram Holdings Demat & Trading Account?
It is compelled for the traders to pay open the Shri Parasram Holdings demat and trading account if they wish to trade in the various products offered by the brokerage house. To open the demat and trading account with Shri Parasram Holdings, the below-given documents are to be deposited with the brokerage house.
- 2 Passport size photograph
- Canceled cheque
- Identity proof
- Residence proof
- Age proof
- Bank statement
So below mention is the procedure to be followed for opening Shri Parasram Holdings demat and trading account
- Open the link of the Demat Account Opening Form given below
- Demat Account Opening Form will be displayed on the screen, as you will click the form
- As it will be displayed on the screen, fill in the details mentioned in the Demat Account Opening Form
- Your details given in the Demat Account Opening Form will be verified by the company executive
- After the verification process, submit the above-listed documents to the brokerage house.
- The documents given by you will also be verified by the company executive
- After the verification process of your documents, you will offer your login details
- Enter your login details and activate your account
Open Demat Account Now – Fill up the Form Below
What are the various Trading Platforms provided by Shri Parasram Holdings?
The various trading platforms are –
Shri Parasram Holdings Trading Terminal
This trading platform is downloaded on laptops and desktops. It has various advanced features such as Research calls, and an integrated fund transfer system.
Traders can even do technical analysis through advanced charting tools. Intraday and EOD charts are available
Shri Parasram Holdings Web Trading Platform
Here the traders can comfortably do the trading without installing any trading software.
It can be operated across various devices laptops, computers, and mobile phones. Live scanner features are available on this trading platform.
Shri Parasram Holdings Mobile App
This trading platform was designed by the company to make a trading delightful experience. Traders can view quotes of any stock and can do more analysis through the dynamic look of the live charts. This app can be downloaded on any of the Android phones of traders.
|Shri Parasram Holdings Trading Platforms|
|Here you will find all the important trading platforms available with it|
|Do they have Trading Terminals for Windows?||Yes|
|Do they have Trading Terminals for Mac?||Yes|
|Are they providing Web Trading Platforms?||No|
|Do they have a Mobile Web Platform?||Yes|
|Does this broker provide Mobile Trading App for Android?||Yes|
|Does this broker provide Mobile Trading App for iOS?||Yes|
|Are they having Mobile App for Windows OS?||No|
|Do they have Mobile Trading App for Other OS?||No|
What are the features available in Shri Parasram Holdings Trading Applications?
Here are the various features of Shri Parasram Holdings Trading Platforms –
Shri Parasram Holdings Mobile App Features
- Traders can get updated live stock market information
- The current price of the stock can be known
- Traders can take informed decisions instantly
- Further, they can instantly know the profit and loss of their trading
- Also, the traders can trade across various products delivered by the company
The Shri Parasram Holdings Web Trading Platform Features
- Purchasing and selling of stock on both stock exchanges can be done through this trading platform
- Cash and margin trading can be done effortlessly
- Traders can see the real market quotes
- Trading can be done without installing software
Shri Parasram Holdings Trading Terminal Features
- Live streaming quotes if offered to the traders
- Research calls
- Integrated fund transfer system
- Traders can even do technical analysis through advanced charting tools
- Intraday and EOD charts are available
- Shortcut keys are available for getting instant information about the market
|Shri Parasram Holdings Trading Application Features|
|Here you will find various features available in Trading Platforms provided by it|
|Are these platforms capable of Real-time Updates?||Yes|
|Do these Applications provide Portfolio Details?||Yes|
|Is this software providing Online MF Buy?||Yes|
|Do these platforms have News Flash?||Yes|
|Are these platforms providing Research Reports?||Yes|
|Are these platforms Easy to Install & use?||Yes|
|Do these Apps have Global Indices?||Yes|
|Are these platforms having Stock Tips?||Yes|
|Does this software provide Personalized Advisory?||No|
|Are these platforms capable of Interactive charting?||Yes|
|Do these Apps provide Live Markets data?||Yes|
|Do they provide SMS Alerts?||Yes|
|Are they providing Email Alerts?||Yes|
|Do these platforms have a Multi-Account Management solution?||No|
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What are the various Products provided by Shri Parasram Holdings?
Shri Parasram Holdings products offered by the brokerage house are wide in range. Among the various products issued by the brokerage house in the market, traders can choose any of the products offered by the company according to their needs and desires.
They can freely trade in any of the products selected by them in the various government stock exchanges.
The trading products offered by the brokerage house are equity, commodity, currency, options, futures, mutual funds, insurance products, and SIP.
The brokerage house is one of the Best Stock Broker in India and does not offer products related to forex trading and banking products
|Shri Parasram Holdings Products|
|Here are the various products provided by them|
|Does the broker allow Equity Trading?||Yes|
|Does the broker allow Commodity Trading?||Yes|
|Do they have Currency Trading products available?||Yes|
|Do they provide Options trading?||Yes|
|Are the clients allowed to trade in Futures?||Yes|
|Do they have Mutual Funds as a product?||Yes|
|Does the broker allow Forex trading?||No|
|Does the broker have Banking products?||No|
|Is SIP allowed by the broker?||Yes|
|Do they have Insurance as a Product?||Yes|
What are the various Services offered by Shri Parasram Holdings?
Shri Parasram Holdings offers a diverse range of financial services which involves institutional and retail brokerage of equity, derivatives, commodity, currency, online trading, depository services, distribution of IPOs and mutual funds, fixed deposits, and bonds.
Dedicated dealers are also facilitated to the NRIs and institution clients, insurance broking house, clearing service, margin funding, research, and advisory services and many more services are offered by the brokerage house.
|Shri Parasram Holdings Services|
|Check out the various services provided by them|
|Does the broking house provide Demat Services?||Yes|
|Does the broking house provide Trading Services?||Yes|
|Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C?||No|
|Do they provide Intraday Services?||Yes|
|Are they offering IPO Services to the client?||Yes|
|Do they have Stock Recommendations available?||Yes|
|Are they providing tools for Robo Advisory?||No|
|Does the broker provide PMS?||Yes|
|Do they have Trading Institution available?||Yes|
|What is the Trading Exposure this broker provides?||Upto 5x|
Does Shri Parasram Holdings provide Research & Advisory to its clients?
Shri Parasram Holdings’ research and advisory services are considered first-rate. Through the various research reports offered by the brokerage house, the traders could be facilitated with the wide information of the company and the market.
The various distinct range of products offered by the brokerage house are Fundamental Reports, Research Reports, Company Reports, Annual Reports, Company Stock Review reports, Free Stock Tips to their clients, Top Picks to the traders, Daily Market Reviews, Monthly and Weekly report, Offline Advisory and Dedicated relationship manager to guide the traders during their trading
|Shri Parasram Holdings Research, Advisory & Stock Tips|
|Here are the various research activities are done by it|
|Does the broker share Fundamental Reports?||Yes|
|Does the broker share Research Reports?||Yes|
|Do they provide Company Reports to their clients?||Yes|
|Are they analyzing the Annual Reports of Companies?||Yes|
|Do they share Company Stock Reviews?||Yes|
|Are they sharing Free Stock Tips with their clients?||Yes|
|Do they analyze & share IPO Reports?||No|
|Does the broking company provide Top Picks?||Yes|
|Are they sharing Daily Market Review?||Yes|
|Do they have Monthly Reports?||Yes|
|Does the broker provide Weekly Reports?||Yes|
|Are they having Offline Advisory?||Yes|
|Do they provide Relationship Managers to clients?||Yes|
What are the Customer Care details of Shri Parasram Holdings?
Shri Parasram Holdings’ customer care services offered to the various traders are top-notch and considered as the first-rated. Some of the first-rate customer care services offered to the brokerage house are Dedicated Dealer, Offline Trading, 24-hour customer care support, and Online Trading.
The total number of branches of the brokerage house is 480. As there is a large number of branches of the brokerage house, the traders can visit any of the nearby branches and get their issues and concerns resolved.
As chat and email support are not offered by the brokerage house, the customer can write their complaints and send them to the brokerage through Email.
|Shri Parasram Holdings Customer Support|
|Let’s have a better understanding of Customer Care Service|
|Are they providing Dedicated dealers to their clients?||Yes|
|Do they allow Offline Trading?||Yes|
|Do they have facilities for Online Trading?||Yes|
|Are they providing 24*7 Support?||Yes|
|Does this broker provide Email Support?||No|
|Is this broker having Chat Support?||No|
|How many Branches the stock broker has?||428|
Are there any Complaints filed against Shri Parasram Holdings by their clients?
Some of the Shri Parasram Holdings complaints are listed on various stock broking exchanges such as on NSE and BSE. The total number of complaints received by the stock exchange against the brokerage house was 6.
These complaints were listed on the stock exchange because the company executive could not able to resolve these issues, thus, these were listed on the stock exchanges.
The number of complaints received against BSE was 1 and the numbers of complaints received in NSE were 5, thus, a total of 6 complaints were received against the brokerage house.
|Shri Parasram Complaints|
|Here you will know about the Complaints lodged against it|
|What is the total number of Complaints Lodged in BSE?||1|
|How many of these complaints have been Resolved in BSE?||1|
|What is the total number of Complaints Lodged in NSE?||5|
|How many of these complaints have been Resolved in NSE?||5|
What are the Advantages / Benefits of Shri Parasram Holdings Trading Account?
- Robust Infrastructure is maintained by the brokerage house
- Customized investing strategy
- Margin trading facility
- Comprehensive back-office support
- Loan against security
- Immediate payment
- Dedicated and trained team
- Client-first policy
What are the Shri Parasram Holdings Review & Ratings as per their Customer?
Shri Parasram Holdings’ ratings and reviews received by the customers against every product and service offered by the company are entirely different. The ratings received against the category of brokerage charges is 3.4, Research & Broking Advisory is 2.9, Products & Services is 3.1, the trading platform is 3.3, and Experience is 2.9. Total Avg.
The rating of Broking House is 3.2 out of 5. Star Rating given to Stock Broker is 3 STARS. The total numbers of traders involved in the ratings were 152.
|Shri Parasram Holdings Ratings & Reviews|
|We are looking at Companies’ Ratings on various parameters|
|Stock Market Research & Broking Advisory||2.9/5|
|Brokerage & other Charges like – Turnover, Transaction Charges, etc.||3.4/5|
|Types of Products & Services the Brand provides||3.1/5|
|Performance Mobile App, Trading Terminal & Web Trading Platform||3.3/5|
|Experience in the Broking Business||2.9/5|
|Total Avg. Rating of Broking House||3.2/5|
|Star Rating is given to Stock Broker||★★★☆☆|
|Number of People Contributed to These Ratings||152|
Shri Parasram Holdings Conclusion
Shri Parasram Holdings is the first-rated and tip-notch financial market player in India. The company has maintained a robust infrastructure and offers comprehensive back-office support to traders. 24-hour customer care facility service is offered to the customer.
The company has received an excellent credit rating of 3.4 out of 5 in the segment of brokerage charges. The dedicated research team of the broking company assists the clients and makes every possible to resolve customer problems.
The advanced trading platform is also been offered to the customers, hence, at last, it’s a good option to invest in Shri Parasram Holdings
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