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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

Products & Services3.4/5
Brokerage Charges & Fees3.1/5
Stock Research & Advisory3.3/5
Trading Platforms2.9/5
Overall Ratings3.2/5
Star Ratings★★★☆☆


About Shri Parasram Holdings

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersNew Delhi
FounderSubhash Aggarwal
Established Year1995

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 Delivery0.15%
    Equity Intraday0.02%
    Equity Futures0.02%
    Equity OptionsRs 30 per lot
    Currency Futures0.02%
    Currency OptionsRs 30 per lot
    CommodityRs 30 per lot
    Minimum BrokeragePercentage of Transaction
    Demat AMC ChargesRs.885 per Annum
    Trading AMC ChargesFree
    Margin Money75% Margin
    Brokerage CalculatorShri 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 Charges0.00005% (Rs.5/Crore)
    STTEquity 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)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges18%
    Reactivation ChargesRs 20 per instruction
    Account Closure ChargesRs 35 per instruction
    Dematerialisation ChargesRs 5 per certificate + Rs 25 per request
    Pledge CreationRs. 59 per scrip
    Pledge InvocationRs. 59 per scrip
    Margin Pledge/Unpledge/ Pledge closureRs. 59 per scrip
    Margin RepledgeRs. 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 Money75% Margin
    Offline to OnlineYes

    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 AccountNo
    Free Trading AccountYes
    Discount on BrokerageYes
    Trading Happy HoursNo
    Flexible Brokerage PlansYes
    1 Month Brokerage FreeYes
    Holiday OffersYes
    Referral OffersNo
    Zero Brokerage for Loss Making TradesNo

    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 TradingYes
      Commodity TradingYes
      Currency TradingYes
      Mutual FundsYes

      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 ServicesYes
      Trading ServicesYes
      3 in 1 AcountNo
      Intraday ServicesYes
      IPO ServicesYes
      Stock RecommendationsYes
      Robo AdvisoryNo
      Trading InstitutionYes
      Trading ExposureUpto 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 ReportsYes
      Research ReportsYes
      Company ReportsYes
      Annual ReportsYes
      Company Stock ReviewYes
      Free Stock TipsYes
      IPO ReportsNo
      Top PicksYes
      Daily Market ReviewYes
      Monthly ReportsYes
      Weekly ReportsYes
      Offline AdvisoryYes
      Relationship ManagerYes

      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 Delivery1x
      Equity IntradayUpto 5x
      Equity Futures1x
      Equity Options1x
      Currency Futures1x
      Currency Options1x
      Commodities Future1x
      Commodities Option1x
      Margin CalculatorShri 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 – WindowsYes
      Desktop Platform – MacYes
      Desktop Browser PlatformNo
      Mobile Site PlatformYes
      Android App PlatformYes
      iOS App PlatformYes
      Windows App PlatformNo
      Other Mobile OS PlatformNo
      Real time UpdatesYes
      Portfolio DetailsYes
      Online MF BuyYes
      News FlashYes
      Research ReportsYes
      Easy InstallationYes
      Global IndicesYes
      Stock TipsYes
      Personalized AdvisoryNo
      Interactive ChartsYes
      Live MarketsYes
      SMS AlertsYes
      Email AlertsYes
      Multi Account ManagementNo

      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 DealerYes
      Offline TradingYes
      Online TradingYes
      24*7 SupportNo
      Email SupportYes
      Chat SupportNo
      Toll Free NumberNo

      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 BSE1
      Resolved in BSE1
      Lodged in NSE5
      Resolved in NSE5
      Percentage of No. of Complaints Received Against Number of Active Clients0.17

      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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