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Shri Parasram Holdings is a respectable stockbroker company catering a wide range of stock trading services.

This New Delhi based company is hand-picked for delivering the maximum research and advisory services. They offer variable brokerage fees for almost the trading services they provide.

With decent user experience, satisfactory trading platforms and approximately 152 customer reviews, Shri Parasram Holdings has already spearheaded the stockbroking industry with 428 branches all across the nation.

Shri Parasram Holdings Offers

Shri Parasram Holdings Ratings & Review by Top10StockBroker

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆


About Shri Parasram Holdings

Company Type Private
Broker Type Full Service Broker
Headquarters New Delhi
Founder Subhash Aggarwal
Established Year 1995

Parasram Holdings Established in 1995, Shri Parasram Holdings started its journey on the Capital city of India – New Delhi.

The founder – Subhash Aggarwal, had a clear vision of how he wants to operate the business.

There was a stiff competition that Parasram Holdings have withstood and with sheer willpower, they have successfully managed to establish a foundation that is still showing its prowess after 25 years in operation.

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    Shri Parasram Holdings Brokerage Charges

    Equity Delivery 0.15%
    Equity Intraday 0.02%
    Equity Futures 0.02%
    Equity Options Rs 30 per lot
    Currency Futures 0.02%
    Currency Options Rs 30 per lot
    Commodity Rs 30 per lot
    Minimum Brokerage Percentage of Transaction
    Demat AMC Charges Rs.885 per Annum
    Trading AMC Charges Free
    Margin Money 75% Margin
    Brokerage Calculator Shri Parasram Holdings Brokerage Calculator

    Shri Parasram Holdings offers Demat account opening at just ₹0, whereas the Trading account is free to open. The AMC of Demat account is ₹885, whereas it is free for Trading account.

    The cost of Equity Delivery Trading ranges 0.15%. Equity Intraday Trading, Commodity Options Trading and Equity Futures Trading cost ranges 0.02% respectively.

    For Currency Futures Trading, the same cost range is applicable which is 0.02%.

    Parasram Holdings also offers a dynamic brokerage fee for Equity Options Trading and Currency Options Trading ranging Rs 30 per lot and Rs 30 per lot respectively. The Margin money review is none.

    Shri Parasram Holdings Other Charges

    SEBI Turnover Charges 0.00005% (Rs.5/Crore)
    STT 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 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
    Stamp Duty (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)
    GST 18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges 18%
    Reactivation Charges Rs 20 per instruction
    Account Closure Charges Rs 35 per instruction
    Dematerialisation Charges Rs 5 per certificate + Rs 25 per request
    Pledge Creation Rs. 59 per scrip
    Pledge Invocation Rs. 59 per scrip
    Margin Pledge/Unpledge/ Pledge closure Rs. 59 per scrip
    Margin Repledge Rs. 59 per scrip

    Shri Parasram Holdings levies 0.00300% as Transaction Charges which is slightly high compared to other companies.

    However, the STT of 0.0126% on Total Turnover and SEBI Turnover Charges of 0.00005% on Total Turnover respectively, is more or less the same compared to other companies.

    The Stamp Duty fee which varies from state to state and the GST of 18% will also be applicable. The final amount will be the aggregate value of the Transaction amount along with the brokerage fee of Parasram Holdings.

    Please note that these additional fees will not affect the profit margin as these are very nominal fees.

    Find Brokerage Charges of other Full Service Brokers – 

    Shri Parasram Holdings Demat Account Opening Fees

    Trading Charges [One Time] NIL
    Trading AMC [Yearly] NIL
    Demat Charges [One Time] NIL
    Demat AMC [Yearly] Rs. 885 for 10 years
    Margin Money 75% Margin
    Offline to Online Yes

    The traders need to pay ₹0 to open a Demat account with Shri Parasram Holdings. The AMC for Demat account is ₹885. For Trading Account, it is free to open and no additional AMC.

    They offer 75% Margin money and don’t charge any profit margin from traders.

    Shri Parasram Holdings Offers

    Free Demat Account No
    Free Trading Account Yes
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free Yes
    Holiday Offers Yes
    Referral Offers No
    Zero Brokerage for Loss Making Trades No

    The Demat account operations are not free. However, they offer free Trading account operations. One lucrative offer for a new trader is 1-month brokerage free trading.

    On top of that, they provide Flexible Brokerage Plans and special Discounts on Brokerage fee. Although they don’t offer Trading Happy Hours or Referral offers but compensate that with special Holiday Offers.

    Parasram Holdings doesn’t provide any discount on brokerage fees if traders incur any loss.

    How to Open a Demat Account with Shri Parasram Holdings?

    Please check out the simple steps to open Demat Account with Shri Parasram Holdings:

    • Click on green “Open An Account” below.
    • Click fill up the information form & then click on submit.
    • Once the trader fetches the credential from the email, they need to log in and upload all the necessary KYC documents – Aadhaar Card, PAN Card, Age Proof, Identity Proof, Address Proof and 1 Passport Size Photograph.
    • Then a representative will call the traders for further verification of the submitted documents.
    • The traders can proceed to trade after the successful KYC verification.

    Why Open Shri Parasram Holdings Trading Account?

    The traders must open a Demat account to trade stock, commodities or currency. Meanwhile, the traders will get some benefits for opening an account with Shri Parasram Holdings:

    • The broker offers free Trading account along with free AMC.
    • This stock broker provide a wide range of Stock trading services.
    • They provide cutting edge trading platforms.

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      Shri Parasram Holdings Products & Services

      Here are the list of Products & Services provided by Parasram Holdings –

      Products Offered by Parasram Holdings

      Equity Trading Yes
      Commodity Trading Yes
      Currency Trading Yes
      Options Yes
      Futures Yes
      Mutual Funds Yes
      Forex No
      Banking No
      SIP Yes
      Insurance Yes

      Shri Parasram Holdings caters a variety of trading activities. They offer Equity Trading, Commodity Trading, Currency Trading, Options, Futures, Mutual Funds, SIP and Insurance activities.

      However, they are yet to make their mark on Forex and Banking activities.

      Parasram Holdings Service Offerings

      Demat Services Yes
      Trading Services Yes
      3 in 1 Acount No
      Intraday Services Yes
      IPO Services Yes
      Stock Recommendations Yes
      Robo Advisory No
      PMS Yes
      Trading Institution Yes
      Trading Exposure Upto 5x

      Apart from Demat & Trading account activities, Shri Parasram Holdings also deals with Intraday Services, IPO Services and Stock Recommendations.

      They have not initiated any 3-in-1 Account or Robo Advisory services yet. Parasram Holdings delivers up to staggering 10x Trading Exposer as they are a Trading Institution themselves.

      Check Products & Services offered by other Stock Brokers –

      Parasram Holdings Research, Advisory and Stock Tips

      Fundamental Reports Yes
      Research Reports Yes
      Company Reports Yes
      Annual Reports Yes
      Company Stock Review Yes
      Free Stock Tips Yes
      IPO Reports No
      Top Picks Yes
      Daily Market Review Yes
      Monthly Reports Yes
      Weekly Reports Yes
      Offline Advisory Yes
      Relationship Manager Yes

      Shri Parasram Holdings delivers the following services to its trading associates:

      • Broking house provides Fundamental Reports, Research Reports, Company Reports, Annual Reports & Company Stock Reviews.
      • They provides Free Stock Tips, Top Picks, Daily Market Reviews, Weekly & Monthly Reports.
      • They have Offline Advisors & dedicated Relationship Manager.

      Shri Parasram Holdings Exposure or Leverage

      Equity Delivery 1x
      Equity Intraday Upto 5x
      Equity Futures 1x
      Equity Options 1x
      Currency Futures 1x
      Currency Options 1x
      Commodities Future 1x
      Commodities Option 1x
      Margin Calculator Shri Parasram Holdings Margin Calculator

      Parasram Holdings offers standard exposers and leverage to its trading associates. They provide just 1x for Equity Delivery which is not industry standard by any means.

      However, they offer 5x for Equity Intraday and 1x for Equity Options. They offer 1x for Currency Futures and 1x each for Equity Futures, Currency Options is 1x and Commodities is 1x.

      Check Margin or Exposure of other stock brokers

      Shri Parasram Holdings Trading Platforms

      Here are the various trading platforms provided by the broking house –

      Desktop Platform – Windows Yes
      Desktop Platform – Mac Yes
      Desktop Browser Platform No
      Mobile Site Platform Yes
      Android App Platform Yes
      iOS App Platform Yes
      Windows App Platform No
      Other Mobile OS Platform No
      Real time Updates Yes
      Portfolio Details Yes
      Online MF Buy Yes
      News Flash Yes
      Research Reports Yes
      Easy Installation Yes
      Global Indices Yes
      Stock Tips Yes
      Personalized Advisory No
      Interactive Charts Yes
      Live Markets Yes
      SMS Alerts Yes
      Email Alerts Yes
      Multi Account Management No

      The broking house provide convenient Trading Platform to its trading associates:

      Shri Parasram Holdings Trading Terminal

      Shri Parasram Holdings offers an easy installation Desktop application which is available for both Windows and Mac users.

      This robust application has some useful features like Real-time Updates, Portfolio Details and Online MF Buy.

      Although it doesn’t support Multi-Account Management, but provide Live Market status and get the latest Stock Tips which makes gives decent user experience.

      Shri Parasram Holdings Web Trading Platform

      The broking house currently doesn’t provide web trading platform as of now.

      Shri Parasram Holdings Mobile Trading App

      The mobile application that Parasram Holdings delivers comes with all the features that are available in the desktop application.

      The fact that it comes in both Android and iOS make it handier to use. The SMS and Email alerts are enabled, therefore, becomes more convenient in getting market notifications.

      Shri Parasram Holdings Customer Care

      Dedicated Dealer Yes
      Offline Trading Yes
      Online Trading Yes
      24*7 Support No
      Email Support Yes
      Chat Support No
      Toll Free Number No
      Branches 428

      Parasram Holdings delivers Dedicated Dealer support for 428 branches around India. They provide both online and offline trading to their trading associates.

      No 24×7 support yet but the email support is quite active and reliable.

      Shri Parasram Holdings Complaints and Feedback

      Find the list of complaint against Shri Parasram Holdings –

      Lodged in BSE 1
      Resolved in BSE 1
      Lodged in NSE 5
      Resolved in NSE 5
      Percentage of No. of Complaints Received Against Number of Active Clients 0.17

      With so many years in operation, it is obvious to receive some complaints here and there. The Percentage of No. of Complaints Received Against Number of Active Clients is just 0.17%.

      A total of 6 complaints have been issued. 1 from BSE and 5 from NSE. All 6 of them have been resolved, however.

      Parasram Holdings Disadvantages

      Like all other stockbroker company, Shri Parasram Holdings comes with some flaws too:

      • The fact that Parasram Holdings don’t display any static brokerage fee percentage sometimes create suspicion.
      • They offer low Commodity exposer or leverage ratio compared to its rival companies.
      • The unavailability of the Web Trading Platform can be inconvenient for some trading associates as they might prefer browser over a desktop application or a mobile app.

      Shri Parasram Holdings Conclusion

      We will remember the name Shri Parasram Holdings for providing a wide range of quality stockbroking services.

      There is a mix reaction with dynamic brokerage fees, but the subtlety in the services they provide is recommendable.

      The trading platforms are well engineered; however, the lack of a Web Browser platform can be inconvenient for people who do trading via web browsers.

      Overall, we can give a 3 out of 5 to Parasram Holdings.

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