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
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
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
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
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

64 BSE500 stocks hit fresh all-time highs in March; 5 solid bets to look at - Economic Times

24 March 2017

At present, its retail business has started to gain scale, which brokerage house Sharekhan believes is important for its transformation into a universal bank. “The transformation into a universal bank will not only provide YES Bank growth opportunities ...

Trading Calls: Buy Tata Global, Jain Irrigation, HPCL, Say Experts - NDTV

24 March 2017

Rohit Srivastava, fund manager at Sharekhan, says that Nifty has probably peaked in the short term and could consolidate further. Sumeet Bagadia, associate director at Choice Broking, says that as long as Nifty holds 9,000 levels, the trend remains ...

Capital goods: No broad based recovery in order inflows yet - Livemint - Livemint

23 March 2017

Government-led investments have raised domestic market prospects, but conviction about immediate earnings growth trajectory is low right now, say analysts.and more »

Top ten intraday trading ideas for afternoon trade for Thursday, 23 March 2017 - Economic Times

23 March 2017

Sharekhan L&T is a 'Buy' call with a target of Rs 1630 and a stop loss of Rs 1519. STC is a 'Buy' call with a target of Rs 173 and a stop loss of Rs 157. Reliance Securities Wipro is a 'Buy' call with a target of Rs 512 and a stop loss of Rs 492 ...and more »

There is huge potential in retail banking in India: Joris Dierckx, BNP Paribas - Economic Times

21 March 2017

Last year, BNP Paribas completed the acquisition of local brokerage Sharekhan, which it plans to develop as a digital financial services platform. In an interview to MC Govardhana Rangan & Joel Rebello, Dierckx details the bank's plans in the country.

New highs of 9400 may not be far if 8983 is crossed: Rohit Srivastava, Sharekhan - Economic Times

05 March 2017

MUMBAI: Once 8950-8983 is crossed we will be at a new record for the Nifty in a blink says Rohit Srivastava, Fund Manager PMS, Sharekhan The Nifty ended a 5 week winning streak closing just below the 8950 resistance mark. This is also the end of a 2 ...