@Ishu said in Which is The Best Stock Broking Firm in India?:
Its a matter of satisfaction and support you get
Exactly, it’s a matter of brokerages, stable platform and client support which stand them apart in my personal experience. But things to note that I’m mainly focused on intraday/short-term plans, so I gave review based on hard-core intraday.
There were several glitches I faced in some brokers since last 2 years and I was tired of losses made through it, it was totally unacceptable and customer supports were not able to handle the calls during downtime.
Speaking from experience, no broker crossed Finvasia’s overall services. That’s why I stay with them. But if you’re talking about long-term investment, then there’s no trouble in picking broker since funds will go to demat only, all you have to worry is hidden charges and fair services.
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings me to today’s topic, "Prabhudas Lilladher".
Let me start by answering the first question: Who or What is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is known for developing and implementing customized solutions for any client’s financial problems which in-turn empowers the client to work efficiently.
One of the companies “Prabhudas Lilladher Financial Services Pvt. Ltd.” a subsidiary company that is also an RBI approved Non-Banking Financial Company (NBFC) branch of PL group helps their clients to manage funds for their companies and organizations.
Now, I will try and explain a few services offered by the corporation.
PL India: Services Offered
1. Online Trading:
The organization provides online as well as offline trading services. It provides trading opportunities through Equity, Future & Option, and Commodities & currency.
2. Structured products: They offer services in distribution of a variety of customized financial products with unique risk to rewards equations that help meet financial objectives.
3. Private client group: It aims at understanding the unique needs of the clients and enhances financial growth with personalized attention.
4. Margin funding:
It offers margin funding finance against shares & securities to meet fund requirements of various categories of borrowers that include Retail & HNI, HNIs, HUFs, and Corporate entities. PL India also aids and encourages investment opportunities in primary market issues and Mutual Fund Schemes by providing financial help.
A personalised solution for different NRI investment needs.
Institutional Business Services Offered by PL India
PL is ranked as one of the top institutional brokers in India. It covers secondary market Institutional and marketing of equity trading offerings including IPO to domestic and foreign institutional investors.
Investment banking: The organization also provides investment banking facility to the high net worth client which helps them with their capital needs. A few services offered are IPO, FPO, Buy Back of shares, Delisting of shares, Right Issue, etc.
To empower their users and enable them to reap the benefit to the fullest, below are the products offered by the corporation:
Products Offered by PL India
Investactive (Equity and Mutual Fund)
Systematic investments in stocks (SIS)
Stock lending & borrowing (SLB)
Trader's edge indices
Alternative Investment funds
Portfolio Management Services (PMS)
The company is a legend in itself. It started its journey long way back and is still rising with such a spread of product and services and expanding the horizon of clientele base.
@Sandra @Ishu @stephbaker @Trader-buddy What are your views on PL India Ltd.? Any experience or feedback you wish to add here. Feel free to discuss.
Have you heard of "SP TULSIAN" a leading stock advisory service provider in India. If yes great! If not, you'll become aware of the popular investment adviser Mr. S P Tulsian focused on clearing your stock market related queries and offering useful trading tips.
Thinking about investing?? There are so many online and offline offers available to help you or direct you to the correct investment opportunity. From automatic reports and analysis to personalized services, there are many service providers to help you decide better. Yes today, we are going to discuss India’s leading stock investment advisor "SP Tulsian".
SP TULSIAN: Development of the Brand
SP Tulsian has seen an amazing journey and has reached this stage. The organization was formed as “Premium Investments” in 1991: a weekly English investment tabloid. It became India’s highest-selling weekly, among over 50 periodicals, at that time.
With the rise of electronic media where news was available 24X7 on all medias the weekly was closed in 2001.
In 2007, it was re-launched as www.premiuminvestments. in , an internet version of the weekly. The only change was that instead of weekly now the website provided investment news 24/7 to reach the users at a real-time basis.
In 2012 www.sptulsian. com was re-constructed replacing premiuminestment. in. Since then the organization has been keeping pace with technological developments. It has recently celebrated its tenth-year anniversary of helping investors to create wealth and invest smartly.
It has a very dedicated team which has been associated with the organization since its initiation.
SP TULSIAN: SERVICES Offered
The SP Tulsian website has two clear-cut out zones on their website:
Member Zone: This detail available on this page is for the subscribed members. The subscriber can raise their concern and the team will work to resolve them. Apart from query solving the subscribed gets the benefit of Trading tips, Long-term investment stocks, Golden stocks, Multibagger stocks, etc.
Free Zone: These pages are free of cost and thus anyone can access the same. The generic information available to all are: IPO Analysis, Market News, Stocks to stay away from (or Danger Stocks), Stock Market study (Pathshala), etc.
Cost of using SP Tulsian
The website works on a subscription basis. Thus the individual needs to decide the period of such service of subscription and pay accordingly.
The subscription structure and cost is as below:
Basic (with no stock query post o view facility): Rs.2000 per month
Standard (with query view but no post facility): Rs.3000 per month
Full (with both query view and post facility): Rs. 4000 per month
Note: These costs are exclusive of GST. On these charges 18% of GST is applicable.
Also, let me tell you one thing, each subscription package has a pre-determined number of query to be posted
Note: Any such subscription is for personal use by a member-only and not for any commercial use. In case of multiple logins with the same username and password, the website may impose a restriction on an account.
How to subscribe and become a member of the website
To become a subscribed member on the website, you need to follow below steps:
Fill the registration form with correct personal details and registration information such as username, email, mobile number.
Choose your package and payment method: Member Zone or Free Zone.
Enter financial information to ascertain your risk profile.
Finally, make your payment.
And you are member now!!
SP TULSIAN is one of India’s highly followed market experts famous for their independent research, unbiased views, and stock picking ability. These qualities give them a superior edge over others competitors in the market.
Did I miss any important point? Do let me know! Have you tried SP Tulsian services or member zone in specific? Do you have any views pr experiences to share with us. Feel free to discuss.
@Anmol It's good to know that Paytm is also launching its stock broking services. So many stock brokers already there competing with one another. One more, Paytm Stock broking Services shall be good to see. How this establishes itself in the growing list of full service or discount brokers in India.