Free Trading + Demat Account

BSE Limited Archived Messages

avatar
1496. a.h.mithvani  Feb 7, 2017 3:54:27 PM IST I Like It. 2 | Report Abuse
D Mart IPO diteals Report of Grey market Trades:
On 07.02.2017, GMP Rs 130-135, Kostak Rs. 1500
Avenue Supermarts, the parent company of D-Mart supermarket retail chain, has received market regulator : SEBIs approval. The company is planning to raise up to Rs.1,870 crore through the IPO. Avenue Supermarts is owned by top notch stock market investor Radhakishan Damani The IPO is expected to enter the capital market in the second half of February 2017
Tentative Issue Information
Issue Opens on : 22 Feb. 2017
Issue Closes on : 27 Feb 2017
Issue Type: Book Built Issue IPO
Issue Size: 62,393,631 Equity Shares of Rs 10
Offer for Sale of 62,393,631 Equity Shares
Face Value: Rs 10 Per Equity Share
Issue Price: Rs.290-Rs.299 Per Equity Share
Market Lot: shares
Minimum Order
Listing At: NSE, BSE
Category-wise Break up:
Anchor – 1,87,18,089 Shares
Net QIB – 1,24,78,726 Shares
NII – 93,59,045 Shares
RII – 2,18,37,771 Shares (4,36,755 Forms).
Total Issue – 6,23,93,631 Equity Shares = 1865.57Crs.
About the Industry:
Economic reforms during early 1990s catapulted Indian economy on a high growth path. The country registered a real GDP growth of about 9.5% in the period 2006-2008 and averaged 8% from 2006-2011. The Indian economy has a significant presence on the global economic stage. During FY 2010 to FY 2016, India‘s Real GDP grew at a CAGR of 7.3% and at 7.5% during 2015-2016 making it the fastest growing major economy in the world. India‘s GDP was 2.5% of world GDP in 2013 and it is expected to rise to 3.1% and 3.8% of world GDP in 2016 and 2021 respectively. IMF has pegged India‘s real GDPgrowth between 7.5% -7.7% for FY 16-20. IMF and other agencies have predicted India to be in the top three global economies by 2050. Sustained high Real GDP growth of over 6% since 1991, has led to a fundamental transformation of the Indian economy.
Globally India is seen as one of the key consumer markets from where future growth is likely to emerge. It is estimated that India‘s consumption expenditure will increase to USD 2,000bn by 2020 and will surpass the consumption expenditure of developed economies like Italy, France and United Kingdom. By 2030, India is expected to rank among the top 5 economies in terms of consumption
About the Company:
The Company is an emerging national supermarket chain, with a focus on value-retailing. According to Technopak, in Fiscal 2016 the Company was one of the largest and the most profitable F&G retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.
It opened our first store in Mumbai, Maharashtra in 2002. As of September 15, 2016, we had 112 stores with Retail Business Area of 3.40 million sq.ft, located across 41 cities in Maharashtra (58), Gujarat (26), Telangana (13), Karnataka (7), Andhra Pradesh (3), Madhya Pradesh (3), Chhattisgarh (1) and NCR (1). At the end of Fiscals 2014, 2015 and 2016, it had
75, 89 and 110 stores with Retail Business Area of 2.14 million sq. ft., 2.66 million sq. ft. and 3.33 million sq. ft.,respectively. It plans to deepen the store network in southern and western India and gradually expand its network in other parts of India pursuant to its cluster-focused expansion strategy.
For Fiscal 2016, Maharastra contributed a majority of its Revenue from Sales (62.57%) followed by Gujarat (18.83%), Telangana (10.15%), Karnataka (6.14%) Andhra Pradesh (1.03%), Madhya Pradesh (0.85%) and Chattisgarh (0.43%).
It operates and manages all its stores. It operates predominantly on an ownership model (including long-term lease arrangements, where lease period is more than 30 years and the building is owned by it) rather than on a rental model. It opens new stores using a cluster approach on the basis of adjacencies and focusing on an efficient supply chain, targeting densely-populated residential areas with a majority of lower-middle, middle and aspiring upper-middle class consumers.
It operates distribution centres and packing centres which form the backbone of its supply chain to support its retail store network. As of September 15, 2016, the company had 21 distribution centres and six packing centres in Maharashtra, Gujarat, Telangana and Karnataka.



Objects of the IPO:
Rs.1,080 crore from IPO will be used towards debt reduction while Rs.366 crore will be used to construct or purchase new outlets. The remaining amount will be used for general corporate purposes.
Summarised Financials:
Total Revenue ( In Million)
2015-16 Rs.86,061.05
2014-15 Rs. 64,576.89
2013-14 Rs. 47,023.25
20112-13 Rs. 33,551.04
2011-12 Rs. 22,224.09
Net Profit/(Loss) as Restated( in millions)
2015-16 Rs.3,212.07
2014-15 Rs. 2,116.89
2013-14 Rs. 1,613.72
2012-13 Rs. 938.55
20111-12 Rs. 604.06
The Company has a strong track record of revenue growth and profitability. Its total revenue has grown at a CAGR of 40.28% from Rs. 22,224.09 million in Fiscal 2012 to Rs. 86,061.05 million in Fiscal 2016. Its net profit after tax, as restated has grown at a CAGR of 51.85% from Rs. 604.06 million in Fiscal 2012 to Rs. 3,212.07 million in Fiscal 2016.
As per Restated Consolidated Financial
Basic EPS for the year 2015-16 is Rs. 5.72
RoNW for 2015-16 is 21.13%
Net Asset Value per Equity Share as on March 31, 2016 Rs. 27.08.
The Company has generated strong cash flows from operations for the last five Fiscals.This has enabled it to further invest in the business. Its liquidity position enables it to consistently pay the suppliers on or before the due date, allowing it to benefit from supplier discounts.
The Promoters of the Company are:
1. Radhakishan S. Damani;2. Gopikishan S. Damani;3. Shrikantadevi R. Damani;4. Kirandevi G. Damani;5. Bright Star;6. Royal Palm Trust;7. Bottle Palm Trust;8. Mountain Glory Trust;
9. Gulmohar Trust; and10. Karnikar Trust.
As on date of DRHP, the Promoters hold, in aggregate, 512,910,000 Equity Shares, representing 91.34 % of the issued and paid-up Equity Share capital of the Company.
Lead Managers & Registrar :
Kotak Mahindra Capital Company ,Axis Capital, Edelweiss Financial Services, HDFC Bank and ICICI Securities, Inga Capital, J M Financial Institutional Securities, Motilal Oswal Investment Advisors and SBI Capital Markets are other book running lead managers to the issue and Link Intime India has been appointed the registrar
GMP Trend Report
On 06.02.2017 GMP Rs 120-125, Kostak Rs. 1300
avatar
1495. Eagleye  Feb 7, 2017 2:51:58 PM IST I Like It. 18 | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Avenue SuperMarts IPO

Visnagar na Bhav

GMP 135 - 140
Kostak 1750 (buyers only; no sellers)
avatar
1495.2. mirani  Feb 7, 2017 5:04:21 PM IST I Like It. | Report Abuse
Price Band will be 290-325
avatar
1495.3. DINESH GUPTA  Feb 7, 2017 5:25:45 PM IST I Like It. | Report Abuse
Should Sell at Kostak or Hold for Allotment of Avenue Supermart
avatar
1494. Nidhike  Feb 7, 2017 2:46:15 PM IST I Like It. 3 | Report Abuse
As per SEBI rules this IPO must be priced below 300 so any price higher than 300 is just figment of imagination.

@300 its blind subscribe.....A great company coming for IPO in bull market at bear MKT price.....deadly combo......Chumeshawari!!!!!!!



avatar
1494.1. Kabali  Feb 7, 2017 4:35:54 PM IST I Like It. | Report Abuse
Could u explain the SEBI rule... Pls
avatar
1494.2. Nidhike  Feb 7, 2017 5:02:35 PM IST I Like It. | Report Abuse
Min 10% equity dilution in IPO
avatar
1493. T.agarwal  Feb 7, 2017 2:27:38 PM IST I Like It. 1 | Report Abuse
*IPO Update:*

*D-Mart Parent Avenue Super marts*

Opens On: 22-Feb-2017
Closes On: 27-Feb-2017

Price Band: 290-325

Issue Size: Rs.1870 Crore
avatar
1493.1. Khemka  Feb 7, 2017 5:24:04 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts)
Bse test 1001,some one said will sell 3 lot if closing in red,amazingly you replies will follow him.looks like some more pain still there.
avatar
1492. Super Trader  Feb 7, 2017 2:07:34 PM IST I Like It. 1 | Report Abuse
Panic started on BSE
avatar
1491. MUDIT NATANI  Feb 7, 2017 1:14:03 PM IST I Like It. 1 | Report Abuse
@ Modulator. Now it is time to open a fresh page for upcoming (in news) IPO Avenue Super Marts either it is confirmed or not (for you.)
avatar
1491.1. Omkar Patkar  Feb 7, 2017 1:35:07 PM IST I Like It. | Report Abuse
the IPO CALENDAR on ...chittorgarh.com also needs to be updated with "Upcoming IPOs" ... please do the needful
avatar
1490. Arijit  Feb 7, 2017 12:56:39 PM IST I Like It. 2 | Report Abuse

@DPB, if the the company is valueing itself at 18000 Crores then price band has to be 290.

FYI Issued share capital is 56.15 crores and the IPO is not going to be sale by any existing shareholders but issue of new share capital.

Here is the calculation for everyone''s benefit:


So total issued share capital after issue = 56.15*1.1 = ~ 61.765
IPO Price = 18000/61.765 = 291.42.
avatar
1490.4. Eagleye  Feb 7, 2017 1:56:48 PM IST I Like It. 3 | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Sir, Do the maths

If you seek precise results ... 56.15/0.9 ... IS NOT = 56.15*1.1..

If you are okay with a round about estimate .... then its fine to consider 56.15/0.9 = 56.15*1.1

Pardon me ... but, as an engineer .. I have been trained to be meticulous to the last decimel ... bad habit
avatar
1490.5. Arijit  Feb 7, 2017 2:05:02 PM IST I Like It. 2 | Report Abuse
certainly i will agree and leave up to your math skills and stop getting my self into any more trouble of solving this exercise :-), too much for a highschool dropout like me.
avatar
1489. Arijit  Feb 7, 2017 12:46:47 PM IST I Like It. 1 | Report Abuse
If a company like infibeam corporation with hardly any tangible assets, with annual sales not even 50 Crores and profit not even 5 crores can acquire market cap of 7000 Crores, then definitely Dmart valuation is much much reasonable at 18000 Crore which has most of its 100+ stores self owned, 8000+ crores of revenues and 300+ crores in annual profits. Post issue will become almost zero debt company and belongs to a sector which is expected to have very high growth. P/E of 60 is well justified for this safe bet. This is going to be another blockbuster IPO, giving listing gain, short term and long term gain.
avatar
1488. Eagleye  Feb 7, 2017 12:34:12 PM IST I Like It. 12 | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Avenue SuperMarts IPO

GMP 135 - 140
Kostak 1750 (buyers only; no sellers)
avatar
1488.1. gamble  Feb 7, 2017 12:56:32 PM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Awsm.
avatar
1488.2. Septa  Feb 7, 2017 1:31:42 PM IST I Like It. 1 | Report Abuse
IPO Guru IPO Guru (3500+ Posts, 1900+ Likes)
Thank u for updates
avatar
1487. DPB  Feb 7, 2017 12:33:22 PM IST I Like It. | Report Abuse
*IPO Update:*

*D-Mart Parent Avenue Super marts*

Opens On: 22-Feb-2017
Closes On: 27-Feb-2017

Price Band: 290-325

Issue Size: Rs.1870 Crore
avatar
1487.1. Eagleye  Feb 7, 2017 12:39:32 PM IST I Like It. 5 | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
The price band CANNOT exceed 299/- ...


and hence it can easily be inferred that your information is a figment of some fertile imagination ...
avatar
1487.2. sandeeps  Feb 7, 2017 2:37:38 PM IST I Like It. | Report Abuse
aur waise bhi aaj kal koi bhi IPO 3 din se jada open nahi rehata.
avatar
1486. AlphaB  Feb 7, 2017 12:33:21 PM IST I Like It. | Report Abuse
BSE limited share are going down each day today it will test 980 marks...
Any views on this... Should we hold on or sell it out ?
avatar
1485. Praveen Prasad  Feb 7, 2017 12:33:05 PM IST I Like It. 2 | Report Abuse
Whom do I complaint of the stock broker?

Through this site, I expressed my interest of opening a joint demat a/c with my wife; Ventura, Bangalore proactively contacted me and sent their executive who took my application fast along with a crossed cheque of INR4025/-; on 18Jan, 2017.

The cheque favoring "Ventura Securities" was encased on 23 Jan2017 itself; since then they have stopped communicating with me from their side. When I inquired about the status, the branch and executive told me every day that it will be processed by EoD, and they never got back to me and every day I kept inquiring. I last week took my stand and told them that if not really done by EoD of that day, I would like to withdraw my application and a return of my money be processed; but nothing happened.

Fed-up with this I contacted their corporate office where they told that I need to contact the executive who collected me and NOT them because I gave my documents and cheque to him only and they are not responsible for this.

I protested and said that it was Ventuta who contacted me and sent the executive and its Ventura whom I paid my money and gave application to; who represents Ventura is something immaterial to me.

It was pathetic and I figured out why no body bother after money is deducted because its their corporate office doesn''t bother about customers; further because of the money debited is as per their scheme are adjusted towards the brokerage on trading; it means they have already earned what they had to on my money before I could begin my trade through them.

I, yesterday, wrote to crm@ventura1.com and cced to complaints@ventura1.com and asked them for a return of my application documents along with INR4025/- which I paid to them....no response till now.

What do I do?
avatar
1485.10. Praveen Prasad  Feb 7, 2017 2:37:59 PM IST I Like It. | Report Abuse
Thanks Atual!!

I''ll do as advised.

Thanks,
PraveenK
avatar
1485.11. Shivajee  Mar 10, 2017 7:40:49 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
you applied for mbl?
avatar
1484. Endeavor  Feb 7, 2017 12:04:42 PM IST I Like It. | Report Abuse
BSE will remain at this range till results
Listing gainers have escaped above 1100/-.
If view is long term then sit tight or should sell. afterall 1000+ is also good gain
time to think about D-Mart IPO
avatar
1483. DPB  Feb 7, 2017 11:59:34 AM IST I Like It. | Report Abuse
IPO Update-:

Avenue Supermarts, the parent company of D-Mart supermarket retail chain, has received market regulator : SEBIs approval. The company is planning to raise up to Rs.1,870 crore through the IPO. Avenue Supermarts is owned by top notch stock market investor Radhakishan Damani.


About the Industry:
Economic reforms during early 1990s catapulted Indian economy on a high growth path. The country registered a real GDP growth of about 9.5% in the period 2006-2008 and averaged 8% from 2006-2011. The Indian economy has a significant presence on the global economic stage. During FY 2010 to FY 2016, India‘s Real GDP grew at a CAGR of 7.3% and at 7.5% during 2015-2016 making it the fastest growing major economy in the world. India‘s GDP was 2.5% of world GDP in 2013 and it is expected to rise to 3.1% and 3.8% of world GDP in 2016 and 2021 respectively. IMF has pegged India‘s real GDPgrowth between 7.5% -7.7% for FY 16-20. IMF and other agencies have predicted India to be in the top three global economies by 2050. Sustained high Real GDP growth of over 6% since 1991, has led to a fundamental transformation of the Indian economy.
Globally India is seen as one of the key consumer markets from where future growth is likely to emerge. It is estimated that India‘s consumption expenditure will increase to USD 2,000bn by 2020 and will surpass the consumption expenditure of developed economies like Italy, France and United Kingdom. By 2030, India is expected to rank among the top 5 economies in terms of consumption
About the Company:
The Company is an emerging national supermarket chain, with a focus on value-retailing. According to Technopak, in Fiscal 2016 the Company was one of the largest and the most profitable F&G retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.
It opened our first store in Mumbai, Maharashtra in 2002. As of September 15, 2016, we had 112 stores with Retail Business Area of 3.40 million sq.ft, located across 41 cities in Maharashtra (58), Gujarat (26), Telangana (13), Karnataka (7), Andhra Pradesh (3), Madhya Pradesh (3), Chhattisgarh (1) and NCR (1). At the end of Fiscals 2014, 2015 and 2016, it had
75, 89 and 110 stores with Retail Business Area of 2.14 million sq. ft., 2.66 million sq. ft. and 3.33 million sq. ft., respectively. It plans to deepen the store network in southern and western India and gradually expand its network in other parts of India pursuant to its cluster-focused expansion strategy.
For Fiscal 2016, Maharastra contributed a majority of its Revenue from Sales (62.57%) followed by Gujarat (18.83%), Telangana (10.15%), Karnataka (6.14%) Andhra Pradesh (1.03%), Madhya Pradesh (0.85%) and Chattisgarh (0.43%).
It operates and manages all its stores. It operates predominantly on an ownership model (including long-term lease arrangements, where lease period is more than 30 years and the building is owned by it) rather than on a rental model. It opens new stores using a cluster approach on the basis of adjacencies and focusing on an efficient supply chain, targeting densely-populated residential areas with a majority of lower-middle, middle and aspiring upper-middle class consumers.
It operates distribution centres and packing centres which form the backbone of its supply chain to support its retail store network. As of September 15, 2016, the company had 21 distribution centres and six packing centres in Maharashtra, Gujarat, Telangana and Karnataka.

Objects of the IPO:
Rs.1,080 crore from IPO will be used towards debt reduction while Rs.366 crore will be used to construct or purchase new outlets. The remaining amount will be used for general corporate purposes.
Summarised Financials:
Total Revenue ( In Million)
2015-16 Rs.86,061.05
2014-15 Rs. 64,576.89
2013-14 Rs. 47,023.25
20112-13 Rs. 33,551.04
2011-12 Rs. 22,224.09
Net Profit/(Loss) as Restated( in millions)
2015-16 Rs.3,212.07
2014-15 Rs. 2,116.89
2013-14 Rs. 1,613.72
2012-13 Rs. 938.55
20111-12 Rs. 604.06
The Company has a strong track record of revenue growth and profitability. Its total revenue has grown at a CAGR of 40.28% from Rs. 22,224.09 million in Fiscal 2012 to Rs. 86,061.05 million in Fiscal 2016. Its net profit after tax, as restated has grown at a CAGR of 51.85% from Rs. 604.06 million in Fiscal 2012 to Rs. 3,212.07 million in Fiscal 2016.
As per Restated Consolidated Financial
Basic EPS for the year 2015-16 is Rs. 5.72
RoNW for 2015-16 is 21.13%
Net Asset Value per Equity Share as on March 31, 2016 Rs. 27.08.
The Company has generated strong cash flows from operations for the last five Fiscals.This has enabled it to further invest in the business. Its liquidity position enables it to consistently pay the suppliers on or before the due date, allowing it to benefit from supplier discounts.


The Promoters of the Company are:
1. Radhakishan S. Damani;2. Gopikishan S. Damani;3. Shrikantadevi R. Damani;4. Kirandevi G. Damani;5. Bright Star;6. Royal Palm Trust;7. Bottle Palm Trust;8. Mountain Glory Trust;
9. Gulmohar Trust; and10. Karnikar Trust.
As on date of DRHP, the Promoters hold, in aggregate, 512,910,000 Equity Shares, representing 91.34 % of the issued and paid-up Equity Share capital of the Company.
Lead Managers & Registrar :
Kotak Mahindra Capital Company ,Axis Capital, Edelweiss Financial Services, HDFC Bank and ICICI Securities, Inga Capital, J M Financial Institutional Securities, Motilal Oswal Investment Advisors and SBI Capital Markets are other book running lead managers to the issue and Link Intime India has been appointed the registrar
avatar
1482. KANHAI KUMAR MANDAL  Feb 7, 2017 11:38:57 AM IST I Like It. | Report Abuse
WHAT IS NEXT IPO ???
avatar
1482.2. siddhant agrawal  Feb 7, 2017 1:36:59 PM IST I Like It. | Report Abuse
If there is second IPO in pipeline than why there is no discussion on that IPO (SIS) what is grey price and price band of ( Security services firm Security and Intelligence Services (India) Ltd (SIS) ) IPO.
avatar
1482.3. Eagleye  Feb 7, 2017 1:48:06 PM IST I Like It. | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Coz ....

D-Mart is on 22nd Feb
&

SIS is on 01st March
avatar
1481. Uchit Patel  Feb 7, 2017 11:22:39 AM IST I Like It. 6 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Avenue Supermarts:
I have concern about very high valuation. We are comparing it with Trent and Future Retail. Why don''t we think beyond this ? Why we are not thinking on whole Retail Market domain? All listed peers (Trent, Future Retail), reliance fresh etc. doing business since many years but not making good money or struggling.

For 2016-17 Trent EPS - 3.5, Future Retail EPS - 6.
For 2015-16 Trent EPS - 1.89, Future Retail EPS - 0.66.
Within one year Trent''s EPS doubled and Future Retail''s EPS grows ten times. Reason don''t know. I don''t think citizens of India changed their mind and started purchasing from Super Market instead of individual shopkeeper. Also both stocks didn''t perform well as compared to EPS growth.

I can see whole Retail Market segment as online stores like flipkart, shopclues etc. Very high valuation but not making money.
P/E around 50 looks very high for this segment. Investors may get listing gain because peers are trading at high P/E. But in long term it will come down to reasonable value.
avatar
1481.1. Septa  Feb 7, 2017 11:51:59 AM IST I Like It. 3 | Report Abuse
IPO Guru IPO Guru (3500+ Posts, 1900+ Likes)
Very well said. Even Dmart first put it papers it was looking at valuations of 7000 cr however bull run has increased the valuation to 18000 cr.

Agree with you in regards to listing gain not a portfolio stock at this valuation
avatar
1480. Septa  Feb 7, 2017 11:06:47 AM IST I Like It. 4 | Report Abuse
IPO Guru IPO Guru (3500+ Posts, 1900+ Likes)
Dilip Buildcon ties up with IBM for digital Transformation
avatar
1480.1. Chaitu  Feb 8, 2017 8:45:58 AM IST I Like It. | Report Abuse
Septa sir.. Can you please help us on how the results will effect DBL, COFFEEDAY and MBL?
avatar
1480.2. Divyamrshah  Feb 8, 2017 5:35:20 PM IST I Like It. | Report Abuse
Invested on your advise on Dilip buildcon, today it''s up by 7%. Thanks
avatar
1479. ANKUSH PATEL  Feb 7, 2017 11:02:26 AM IST I Like It. 7 | Report Abuse
DEAR MODULAR PLS OPEN SEPRATE PAGE OF AVENUE SUPER MART
avatar
1478. Eagleye  Feb 7, 2017 10:52:23 AM IST I Like It. 8 | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Avenue SuperMarts IPO

GMP 132-135
Kostak 1600
avatar
1478.1. Make Money  Feb 7, 2017 11:01:33 AM IST I Like It. 1 | Report Abuse
Amazing, i think second blockbuster IPO.
avatar
1478.2. KANHAI KUMAR MANDAL  Feb 7, 2017 11:42:08 AM IST I Like It. | Report Abuse
Can you confirm ipo issue date. ??
avatar
1477. Ipo tracker  Feb 7, 2017 10:39:18 AM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
BSE ~ Buyers-Sellers gap is narrowing in the counter-volumes low
Chances of 1080-1100 likely on the eve of result date (13/2)
special_offers
By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
ProStocks
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back



More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: