Indiabulls Ventures Shubh Review, Brokerage Charges, Demat A/C & more
Indiabulls Ventures Shubh is one of behemoth among full service brokers in India. They are a game changer in the Indian stock market as it first introduced online trading platform which is used by thousands of traders daily.
It is one of the biggest full-service brokers however its brokerage charges are quite low which makes it more attractive for the investors.
It has products and services of every kind that a traditional broker should have with a network across 18-19 cities in the country.
Here in the article below, a complete Indiabulls Ventures Shubh Review is provided for your reference if you are seeking the information about this brokerage house and their services and charges and other aspects.
Indiabulls Ventures Shubh Customer Ratings & Review
|Indiabulls Ventures Customer Ratings|
|Experience||8.5 / 10|
|Products & Services||8.4 / 10|
|Brokerage Charges & Fees||8.1 / 10|
|Stock Research & Advisory||8.7 / 10|
|Trading Platforms||8.6 / 10|
|Overall Ratings||8.46 / 10|
|Total Client Reviews||598|
About Indiabulls Ventures Shubh
With more than seven lakhs clients spread across the country, Indiabulls Ventures Shubh is a name that has recognition and experience under its sleeves.
The firm was formed in the year 1995, by Sameer Gehlaut. Broking house has been registered as a public limited company and it has its headquarters in the city of Mumbai, Maharashtra.
The firm provides all kind of services ranging from trading, depository to research services and trading platforms of advanced quality.
They are the first to introduce Internet-based platforms for trading in the country as mentioned in the introduction. They didn’t stop there, their trading platforms and the mobile applications are known by the name of Indiabulls Shubh are one of the most sought after platforms for trading in the country.
Open Demat Account with Indiabulls Ventures
Indiabulls Ventures Shubh Brokerage Charges
|Brokerage Charge & Fees|
|Equity Delivery||Rs 0 (Free)|
|Equity Intraday||Rs 0 (Free)|
|Equity Futures||Rs 15 per trade|
|Equity Options||Rs 15 per trade|
|Currency Futures||Rs 15 per trade|
|Currency Options||Rs 15 per trade|
|Flat Monthly Fees, if any||Rs 1000|
|Minimum Brokerage||Rs.15 per order|
|Demat AMC Charges||Free or Rs.450 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Zero Margin|
|Brokerage Calculator||Indiabulls Ventures Brokerage Calculator|
The brokerage charged by Indiabulls Ventures Shubh is comparatively very low.
As you can see in the table above, the charges for every segment whether it is equity delivery or cash segment or Derivatives or commodities even, the charges are the same.
It is the lower amount between 0.01% of the transaction’s value or Rs.15 per order executed.
This kind of brokerage charges are often seen in the discount brokers category however, Indiabulls Ventures Shubh being a full-service traditional broker, charges these low brokerage which encourages many investors to trade with them.
Basically, the maximum brokerage for every transaction cannot go beyond Rs.15 irrespective of the volume traded which is really great for the traders who trade huge volume every day.
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Indiabulls Ventures Shubh Other Charges
|SEBI Turnover Charges||0.00005% (₹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: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)|
|GST||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Margin Funding Charges|
|Reactivation Charges||Rs 20 per instruction|
|Account Closure Charges||Rs 25 per instruction|
|Dematerialisation Charges||Rs 1 per certificate (max Rs 250) + Rs 25 courier charges|
|Pledge Creation||Rs 25 or .02% of the transaction value (whichever is higher)|
|Pledge Invocation||Rs 25 or .02% of the transaction value (whichever is higher)|
|Margin Pledge/Unpledge/ Pledge closure||Rs 25 or .02% of the transaction value (whichever is higher)|
|Margin Repledge||Rs 25 or .02% of the transaction value (whichever is higher)|
These are the charges that are levied by the government and no one can alter them.
Expect for the transaction charges which varies from one broker to another and for Indiabulls Ventures Shubh it is 0.00312% of the transactions, the other charges like STT at 0.0130% or the SEBI charges are levied mandatorily as per regulations at 0.00005%.
The stamp duty though very minimal is levied as per the charges prevailing in the state.
The last charge under this section is the GST which is levied at 18% and the amount on which this percentage is calculated is derived by adding the brokerage fee of a transaction to its transaction charges.
Indiabulls Ventures Shubh Account Opening Charges
|Account Opening Charges|
|Trading Charges [One Time]||Rs 500|
|Trading AMC [Yearly]||Rs 0|
|Demat Charges [One Time]||Rs 0|
|Demat AMC [Yearly]||Rs 450|
|Margin Money||Zero Margin|
|Offline to Online||Yes|
The account opening charges Rs 500 though not a major thing to consider while choosing your broker but the annual maintenance charges must be analyzed.
For Indiabulls Ventures Shubh Demat account opening you need not pay any amount as it is free of cost. They provide free Demat and trading account to the clients.
The charges towards the annual maintenance are Rs.450 or it can be even free of cost for the Demat account. For the trading account, there are no annual maintenance charges at all as you can see in the table as well.
Here as well, the charges as per the standards of a full-service and renowned broker are very low. To surprise you more, they do not even have any minimum margin requirement as well.
Indiabulls Ventures Shubh Offers
|Free Demat Account||Yes|
|Free Trading Account||Yes|
|Discount on Brokerage||Yes|
|Trading Happy Hours||No|
|Flexible Brokerage Plans||No|
|1 Month Brokerage Free||No|
|Zero Brokerage for Loss Making Trades||No|
The offers of Indiabulls Ventures Shubh are –
- They provide free Demat account and trading account
- You need not pay annual maintenance charges for the trading account
- There are various discounts that you can avail on the brokerage generated by you by trading with them
- There is an opportunity to earn money and gifts by referring to the brokerage house to other prospective investors
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How to Open a Demat Account with Indiabulls Ventures Shubh?
Indiabulls Ventures Shubh Demat Account can be opened easily with the online process and if you want to visit the branch and do it, that option is also there.
For offline account opening process –
- Fill up the Lead form below, we will connect you will Indiabulls Team.
- Their representative will visit you personally. Talk to him/her and take the form for Demat application. He/She will guide you on how to fill the form. Make sure you fill in all the details and everything is correct.
- The next is to submit the documents they ask for KYC purpose. The documents would include your PAN, Voter ID, address proof and the AADHAAR card which is mandatory nowadays.
- The executives will collect all these documents and verify them within some days and then once the application is approved you will get notification mail.
- You can then login to your account with the username and password provided by them.
For an online application for Demat, Follow the Steps
- Fill up the Lead form by clicking on the green button “Open Demat Account”
- Fill the form with necessary details. Check all the detail are filled or not.
- The KYC documents here needs to be uploaded. The documents mentioned above are the documents you need to upload. Scan the documents and upload them.
- Once you upload all the documents, those will be verified at the firm by the executives and your application will be approved on proper verification of all details.
- Since the complete process is online, you can expect to have your login details to your account and start trading within a few.
Open Demat Account with Indiabulls Ventures Shubh
Why Open a Trading Account with Indiabulls Ventures Shubh?
Indiabulls Ventures Shubh is having a wide coverage through its branches and business associates and have innumerable services and products for its clients.
The benefits of trading with this firm are many and some of the crucial factors are –
Low Brokerage Charges
You have already read the brokerage section above as we can assume and there you must have found the rates of brokerage for each of the segments to be equal and very low.
This brokerage house is one of the most reputed financial service company and business across various verticals in the country and most importantly being a full-service broker in a true sense offers these lower rates which need to be grabbed as soon as possible.
They offer each and every services as a full-service broker but charges as a discount broker to everyone’s astonishment.
Whether it is in equity or currency or commodities and even for the options, the charges are flat and extremely low compared to its peers.
Research and Advisory
The best part of the firm is their research and advisory department and services. They provide every single data and reports that are required by the clients to trade in the volatile market like in India.
Their research team is having enough years of experience and professional qualification to carry on the research in this market and provide the data to the client.
You can track your portfolio with the trading applications offered by the company. It gives you an update of each and every moment of what is happening in your portfolio.
Excellent Trading platforms
Being the first broker to introduce online trading to an Indian trader, it got to have one of the best trading platforms in the country.
The trading platforms are well advanced and even ahead of the time. They offer everything that you can ask for.
The Indiabulls Shubh platforms are unique and efficient to make your trading experience awesome.
One of the most important aspects which most of the brokers whether full-service or the discount brokers give a miss is NRI trading facility.
Indiabulls Ventures Shubh, on the other hand, have the ultimate platform for the NRI to trade in the market of their homeland. The firm has special offers and services dedicated to the NRIs.
Exceptional range of products and services
The firm offers investment and trading opportunity across all the asset classes that you can even imagine. There are usual stock market products as well as financial service products.
Indiabulls Ventures Shubh Products & Services
The various products & Services provided by the broking house –
Indiabulls Ventures Shubh Products
The range of products offered by Indiabulls Ventures Shubh are amazing and you do not have to run to different brokerage houses for trading different financial instruments.
The products include equities, commodities, currencies, and derivatives as the basic ones. On top of these, it also has mutual funds, you can trade mutual funds units with one single Demat account.
You can either invest in SIP instruments or go for lump sum mutual funds invested according to your investment plan and financial goals. They also have insurance products in their kitty to offer to the clients.
Indiabulls Ventures Shubh Services
List of services provided by Indiabulls Ventures are –
|3 in 1 Acount||No|
|Trading Exposure||Upto 6X|
The Indiabulls Ventures Shubh services include all the necessary services of a brokerage house like Demat and Trading services.
It also includes portfolio management services and IPO services along with a stock recommendation as well.
Indiabulls Ventures Shubh Research & Advisory
|Research & Advisory|
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
The Indiabulls Ventures Shubh research department is completely dedicated to the clients and provides each report that can be used for fully analyzed trading purpose.
They offer fundamental reports, company reports, research reports, and annual reports. The list just starts here as they have free stock tips for the traders whether novice or pro.
They also provide company stock review. You can get the complete knowledge of the upcoming IPOs in the market from their IPO reports.
Trade the day’s best stock with their top picks of the day. The list still has few major aspects like monthly, weekly and daily market review and reports.
The Indiabulls Ventures Shubh advisory services include the offline advisory and relationship manager’s service.
Indiabulls Ventures Shubh Exposure/ Leverage / Limit
|Exposure / Leverage|
|Equity Delivery||1x (no margin)|
|Equity Intraday||Up to 5x (based on the stock)|
|Equity Futures||Intra-day: 4x | Carry forward: 1x (no margin)|
|Equity Options||Intra-day: 4x | Carry forward: 1x|
|Currency Futures||Intra-day: 2x | Carry forward: 1x|
|Currency Options||Intra-day: 2x | Carry forward: 1x|
|Margin Calculator||Indiabulls Ventures Margin Calculator|
The Indiabulls Ventures Shubh leverage or exposure is comparatively lower than any of its peers. It provides only up to 5 times leverage for the cash segment.
For the equity options segment, the exposure is up to 4 times. For the remaining segments like delivery, futures, commodities, and currency the exposure is up to 2 times only.
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Indiabulls Ventures Shubh Trading Platforms & Apps
The Indiabulls Ventures Shubh trading platforms are one of the best in the country at present. They offer great speed, accuracy, and efficient trading opportunity.
|Trading Platforms & Apps|
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|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|
|Online MF Buy||Yes|
|Multi Account Management||Yes|
There are ample features in each of the trading platforms they offer which will be discussed below.
Shubh Web – Indiabulls Ventures Shubh Online Trading Platform
They introduced online trading in the Indian market and now their online trading platform is one of the best in the market. It offers –
- It is a comprehensive trading platform with live market watch, streaming quotes.
- There are technical charts and indicators which you can use for predicting the market movement
- Alerts which you can set for various triggers in the market
- Multi-exchange trading is available
- Smooth trading experience with great price capture
Shubh Mobile – Indiabulls ventures Shubh Mobile Trading App
This is regarded as one of the most advanced mobile-application based trading platforms at present. It offers –
- You get margin funding automatically at an interest of 12% on this application
- The platform offers the predefined market watch with the NIFTY 50 and SENSEX. However, the market watch on your mobile itself can be customized and you can add the scrips that you want to check and track and remove the ones you don’t.
- If you are in the first and the second tier cities, you can place the orders using this app like any trading terminal very fast and smoothly.
- Access the reports of different markets and segments in the same to make your trades thoroughly analyzed and profitmaking.
- Get all the market data and information and that too at the real-time.
- You can check the margins available, positions and account summary using the mobile application only. The fund transfer is also smooth and safe using this application.
- You can get instant help from the customer care executives using this application while trading
- You can find all the news about the market, news about each sectors which are trending and also the sentiment analysis.
POWER Indiabulls – Indiabulls Ventures Trading Terminal
The most talked about trading platform of the firm is their terminal which is a software that needs to be installed in the desktop or laptop having Windows or MAC operating system. This platform is suitable for the traders who trade every day and huge volume.
The features which make this platform so popular are –
- There are not one or two market watch but multiple market watch available along with customization available for each of them.
- There are alerts for each of the changes in the market like volume changes, the price change of the scrip for which you have set the alert. You can set an alert on your email or SMS. This keeps you updated all the time and you do not miss any opportunity to trade your way to profit.
- You can track and see the day’s active participants in the market, the gainers, losers, and the most volatile movements as well.
- Real-time data is readily available with all the statistics,
- There are various widgets available which are fully customizable as per your requirement and preferences.
- There are various global indices in front of your eyes which you can check and track
- The technical indicators are active on the real time data and you can track the data to find out the next position you must take
- The reports are available on the trading terminal for your use and research
One thing that every user of POWER Indiabulls must keep in mind that they need to pay Rs.750 for activating this platform.
Indiabulls Ventures Shubh Customer Care
|Toll Free Number||No|
With over two hundred branches across the country, the Indiabulls Ventures Shubh customer care executives are present for all your queries across the cities.
They provide help for offline and online trading, for any query you have. You can reach them at their email is which is firstname.lastname@example.org. This is their official id where they are available for the clients and to sort the queries.
For any grievances towards the services of the firm, you can shoot a mail to the email id – email@example.com
For visiting their office (registered office) you have to go to Delhi – M-62 & 63, First Floor, Connaught Place, New Delhi, Pincode – 110001.
They are dedicated to their clients and also maintain a friendly decorum.
Indiabulls Ventures Shubh Complaints
|Complaints (Current Year)|
|Lodged in BSE||114|
|Resolvd in BSE||109|
|Lodged in NSE||148|
|Resolved in NSE||146|
The complaints received by the Indiabulls Ventures Shubh on NSE are 148 in the last year (2018-19) and 114 on the BSE.
The complaints that were resolved are 146 and 109 respectively on both the platform.
Indiabulls Ventures Shubh Advantages & Disadvantages
Indiabulls claims that they are the pioneer on internet base trading, but we see that their brokerage plans are not transparent over the internet.
They want individuals to connect with their sales executives / representative so that they can understand your financial need and can sell other products as well.
Overall, this broking company can be a good choice as your broker with their multiple offerings and wide range of services. They also have good customer service and strong trading tools and platform.
- Supports NRI trading
- Robust Trading Platform- PIB (Power Indiabulls)
- Market Statistics & Research
- Portfolio Tracker
- Low brokerage in equity and commodity trading
- Charges for trading terminal usage
- No 3-in-1 account
- Missing online discussion blogs or forum
Indiabulls Ventures Review – FAQs
Ques – Is Indiabulls Ventures safe for trading?
Answer – Yes, Indiabulls Ventures is safe for trading. Spread across 18-19 cities in the nation, the company has serviced more than 7 Lakh clients. The company has recognition and experience under its sleeves, which makes it a reliable option.
Ques – What is the brokerage of Indiabulls Ventures?
Answer – Indiabulls Ventures are full-service traditional brokers. However, their brokerage charges are comparatively very low, of only 0.01% of Rs. 15 per executed order.
Ques – How to open Indiabulls Ventures demat online?
Answer – To open a demat online, customers can fill up the Lead form by clicking on the green button titled “Open Demat Account” with all the necessary details. Following this, they can upload the documents needed for KYC online and wait for their verification by the firm. Once that is underway, they will have access to their account in a short while.
Ques – Can I invest in IPO via Indiabulls Ventures?
Answer – WhileIndiabulls Ventures doesn’t offer an online IPO application to its customers, customers can apply in Mainboard IPO, SME IPO, FFO, and other stock market public issues through net-banking using Indiabulls Demat Account detail.
Ques – What Leverage does Indiabulls Ventures provide?
Answer – The Indiabulls Ventures offers leverage of upto 6X for the cash segment, upto 4X for the equity options segment, and of up to 2X for the remaining segments like delivery, futures, commodities, and currency.
Ques – Does Indiabulls Ventures have trading App?
Answer – Yes, Indiabulls Ventures has a trading app for both Android and iOS users. Through the app, users get automatic margin funding at a 12% interest rate, access to reports, market data etc.
Ques – How to contact Indiabulls Ventures customer care?
Answer – With over 200 branches across the country, customers can opt to visit the centre for help with any query they might have. Or, they can also choose the path of email support. The company provides assistance for both offline and online trading.
Ques – Does Indiabulls Ventures provide Research?
Answer – Yes, Indiabulls Ventures has a research department that is dedicated to helping its clients get the most certain and extensive information. With daily, monthly, weekly and annual reports, free stock tips, IPO reports, and advisory services, the company offers thorough research.
Ques – Is Indiabulls Ventures good for Beginners?
Answer – Yes, Indiabulls Ventures is good for beginners as they help you with each step along the way. They offer fundamental reports, company reports, research reports, and annual reports. They sort out the top picks based on research for you. They also have free stock tips which are a boon for beginner traders.
Ques – Who Founded Indiabulls Ventures?
Answer – The firm was founded in 1995, by Mr. Sameer Gehlaut, Registered as a public limited company, Indiabulls Ventures has its headquarters in the city of Mumbai, Maharashtra.
Open Demat Account with Indiabulls Ventures Shubh
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