Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Why is a Price Band used?

It helps the market discover a fair price based on demand instead of the company deciding it upfront. This improves transparency and efficiency.