Sharekhan Sharekhan



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Year of Incorporation 2000
Website http://www.sharekhan.com
Phone 022-61150000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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Profit after Tax FY11/12 Rs 87.5 Crores
Profit after Tax FY12/13 Rs 107 Crores
Profit after Tax FY13/14 Rs 9.05 crores
Profit after Tax FY 14/15 Rs 13 Crores
Profit after Tax FY 15/16 Rs 130 Crores
Debt FY11/12   Rs 335.1 Crores
Debt FY12/13   Rs 335.1 Crores
Debt FY13/14 0
Debt FY14/15 0
Debt FY15/16 335.1 Crores
Profit to Equity(%) FY11/12 19.86
Profit to Equity(%) FY12/13 16.04
Profit to Equity(%) FY13/14 17
Profit to Equity(%) FY14/15 19
Profit to Equity(%) FY15/16 13.8
Balance Sheet Size FY11/12 Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 1303 Crores
Balance Sheet Size FY14/15 Rs 1559 Crores
Balance Sheet Size FY15/16 Rs 2161 Crores
Online Presence
Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 2,74,777
Active clients - 2014 3,42,592
Active clients - 2015 3,35,843
Active clients - 2016 3,50,509
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Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures 0.03% of Turnover - Negotiable
Equity Options Rs 50/lot - Negotiable
Currency Futures 0.03% of Turnover- Negotiable
Currency Options Rs 20/lot- Negotiable
Commodity 0.03% of Turnover- Negotiable
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Account Opening Costs

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Trading only NA
Trading & Demat Rs 500 which will be adjusted with brokerage
Commodity Nil
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Transparency & other costs

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Equity 0.00325% of Turnover
Futures 0.0021% of Turnover
Options 0.055% of Premium Turnover
Commodities 0.0027% of Turnover
AMC charge Rs 400/year
DP Transaction Charge Rs 30 or 0.03% whichever is higher
Offline order placing Charge Nil
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Software
Web/HTML 5
Mobile
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Charting

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Intraday 30 Days
End of Day 10 Years
Coding/Backtesting
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Online Trade Reports
Online PNL Reports
Online Contract Notes
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Margins

Leverage Provided

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Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Futures Upto 2 times for Intraday
Equity Options No Leverage
Currency Futures No Leverage
Currency Options No Leverage
Commodity Upto 2 times for Intraday
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Support & Tools

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Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
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Convenience

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Sharekhan

Karthik Reddy

28 April 2014

Opened my account with Sharekhan in 2010. Opened primarily because of Trade Tiger. Excellent trading platform, the best I'd seen in India. The brokerage is relatively higher compared to the new brokers providing services but I don't mind considering the s

Zain

15 May 2014

Sharekhan brokerage is costlier compared to others but trading terminals are too good specially charting tool. Still they need to improve on customer support.

Priti Singh

08 September 2014

Trade Tiger is the best, no platform comes close at the moment. A new platform called 'Pi' is to be launched by Zerodha, we will have to wait and see who wins with regards to technology.

Sanjiv Goenka

19 May 2014

Best Trading platform in India but very high brokerage. Not suitable for day trader.

NSE&BSE

07 June 2014

Sharekhan is where I started trading, they went wrong somewhere once the promoters sold out. The technology hasn't grown after 2008, and everyone else has caught up to them today and they are still where they were at the same costs.

Sinha Rawat

12 August 2014

Sharekhan did unauthorized trades from my account, this has happened without any intimation. I found my shares are sold out without my prior permission and without informing. I find that these people may trade on my account for there own profit.. they will only say, it is risky.. customer service after becomeing client is worst, advice not to go to them specially Pune branch.

Priti Singh

08 September 2014

Hi Sinha, which branch in Pune? I use to work as a dealer for Share Khan till 2011, as far as I know the official branch is located in Gymkhana, Shivajinagar. There are alot of sub brokers that misuse the Share Khan name and make their own rules and services. It is always good to inquire if it is a sub broker or main branch.

parul chauhan

29 January 2016

INDIA'S BEST TRADING PLATFORM PROVIDE BY SHAREKHAN

Ruchit

29 January 2016

best brokerage service. no nonsense approach ….simplicity yet very effective. I feel lost lot of money from 2009 to 2012 being ignorant about rksv.

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NEWS ON SHAREKHAN

Buy Rico Auto Industries, target Rs 94: Sharekhan - Economic Times

11 August 2017

Sharekhan has buy call on Rico Auto Industries with a target price of Rs 94. The current market price of Rico Auto Industries is Rs 68.9. Time period given by analyst is a year when Rico Auto Industries price can reach defined target. Rico Auto ...

Buy Relaxo Footwears, target Rs 560: Sharekhan - Economic Times

11 August 2017

Sharekhan has a buy call on Relaxo Footwears with a target price of Rs 560. The current market price of Relaxo Footwears is Rs 485.6. Time period given by analyst is a year when Relaxo Footwears price can reach defined target. Relaxo Footwears ...

Buy Bajaj Holdings & Investment, target Rs 3124: Sharekhan - Economic Times

11 August 2017

Sharekhan has a buy call on Bajaj Holdings & Investment with a target price of Rs 3,124. The current market price of Bajaj Holdings & Investment is Rs 2521.75. Time period given by analyst is a year when Bajaj Holdings & Investment price can reach ...and more »

Hold Firstsource Solutions target Rs 37: Sharekhan - Economic Times

09 August 2017

Sharekhan has hold call on Firstsource Solutions with a target price of Rs 37. The current market price of Firstsource Solutions is Rs 34.05. Time period given by analyst is a year when Firstsource Solutions price can reach defined target. Firstsource ...

Buy Greaves Cotton target Rs 190: Sharekhan - Economic Times

09 August 2017

Sharekhan has buy call on Greaves Cotton with a target price of Rs 190. The current market price of Greaves Cotton is Rs 154.2. Time period given by analyst is a year when Greaves Cotton price can reach defined target. Greaves Cotton, incorporated in ...and more »

Valuations are not cheap but not stretched either: Sharekhan CEO - Business Standard (press release) (registration) (blog)

01 August 2017

Stock market sentiment towards India could be dented if the much-awaited revival in corporate earnings does not materialise in the coming quarters, Jaideep Arora, chief executive officer at broking house Sharekhan, tells Ashley Coutinho. Edited ...