Reviews of Stock Brokers


Shree Bahubali

When it comes to investing in the stock market, choosing the right stockbroker is of utmost importance. It can significantly impact your trading experience, investment returns, and overall satisfaction. In this article, we will provide an in-depth review of Shree Bahubali, one of India's prominent Full Service Broker. We will evaluate various aspects, including brokerage charges, trading platforms, customer support, and more, to help you make an informed decision.


Overview

Shree Bahubali founded in 1994 by Surendra Kumar Jain is a Public company headquartered in Kolkata India. As a Full Service Broker, Shree Bahubali aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Shree Bahubali operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewShree Bahubali
Broker TypeFull Service Broker
Type of companyPublic
HeadquarterKolkata
FoundersSurendra Kumar Jain
Foundation Year1994
Supported ExchangesNA
Total branchesNil

Shree Bahubali Account opening charges

To begin trading with Shree Bahubali, you need to open a trading account and a Demat account. Shree Bahubali charges Free for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs.270 per Annum for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesShree Bahubali
Trading Account Opening ChargesFree
Demat AMC (Annual Maintenance Charges)Rs.270 per Annum
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyMinimum Rs.1,000
Offline to Online ChargesYes
DepositoryCDSL & NSDL

Shree Bahubali Brokerage Charges

One of the main factors to consider when choosing a stockbroker is the brokerage charges. Shree Bahubali brokerage charges for various segments are as follows:

Equity Brokerage Charges

Equity Brokerage ChargesShree Bahubali
Equity Delivery Brokerage0.21%
Equity Intraday Brokerage0.02%
Equity Futures Brokerage0.02%
Equity Options BrokerageRs.21 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesShree Bahubali
Currency Futures Brokerage0.02%
Currency Options BrokerageRs.21 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesShree Bahubali
Commodity Options Brokerage0.02%

Shree Bahubali Other Charges

In addition to brokerage charges, there are other charges to consider:

Other Brokerage ChargesShree Bahubali
Minimum Brokerage ChargesPercentage of Transaction
Transaction Brokerage Charges0.00271%
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesNA

Shree Bahubali Equity Leverage

Leverage enables traders to amplify their market exposure using a relatively smaller capital amount. Here's the leverage provided by Shree Bahubali:

Equity LeverageShree Bahubali
Equity DeliveryUpto 1x
Equity IntradayUpto 6x
Equity FuturesUpto 2x
Equity OptionsUpto 5x

Shree Bahubali Currency Leverage

Currency LeverageShree Bahubali
Currency FuturesUpto 2x
Currency OptionsUpto 6x

Shree Bahubali Commodity Leverage

Equity LeverageShree Bahubali
CommodityUpto 2x

Shree Bahubali Offers

Numerous stockbrokers are enticing customers with attractive offers in order to expand their client base. Some of these enticing offers include:

OffersShree Bahubali
Free Stock Trading AccountYes
Free Demat AccountYes
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Shree Bahubali Features

FeaturesShree Bahubali
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)No
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionYes
Trading ExposureUpto 6x
Mutual FundsNo
SIP (Systematic Investment Plan)No
Forex TradingNo
BankingNo
InsuranceNo

Shree Bahubali Advisory Services

The key distinction between a discount broker and a full-service broker lies in the range of services offered and the rates at which they are provided.

ServicesShree Bahubali
Fundamental ReportsYes
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsNo
Top PicksYes
Daily Market ReviewNo
Monthly ReportsNo
Weekly reportsNo
Offline AdvisoryYes
Relationship ManagerYes

Shree Bahubali Trading Platforms

The Shree Bahubali trading software comprises various trading platforms suitable for the diverse needs of the customers. It is built on IIFL's trading platform. It has been trusted by customers for the past two decades. The trading platform is available in three different forms. Namely: a mobile app, a web browser-based platform, and an installable desktop trading application.


Shree Bahubali Trading Platforms

Desktop Trading PlatformsShree Bahubali
WindowsYes
MacYes
Desktop BrowserYes

Shree Bahubali Mobile App

The Shree Bahubali mobile app allows users to trade on the go and provides access to trading at BSE/NSE and robo advisory services. Customers can download the app for free from either the google app store or the apple app Store. The app is designed to be simple and intuitive, enabling users to buy stocks, trade in stock and currency futures & options, and invest in mutual funds, ETFs, bonds, and more.

Mobile AppShree Bahubali
Mobile BrowserYes
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Shree Bahubali Web Trading

For web-based trading, Shree Bahubali offers a powerful trading website known as Shree Bahubali trader station. This website can be accessed through any web browser on computers, laptops, mobile devices, or tablets. It provides a wide range of trading and investment options within a single domain. The web platform is seamlessly integrated with payment gateways and banks, enabling instant fund transfers.


Shree Bahubali Trade Terminal

Shree Bahubali offers a trade terminal, which is a downloadable trading terminal specifically developed for active traders seeking advanced trading features. This desktop application offers real-time data and advanced charts for monitoring intraday and historic stock prices. It also offers a variety of keyboard shortcuts to facilitate real-time market monitoring and faster order placement.


Shree Bahubali Customer Support

Customer SupportShree Bahubali
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches428

Shree Bahubali Complaints

Understanding the number of customer complaints received by a brokerage firm can provide insights into the quality and reliability of their services. The following table shows the information regarding the complaints received by Shree Bahubali.

BSE ComplaintsShree Bahubali
BSE Complaints1
BSE Resolved Complaints1
Percentage of resolved BSE complaints100.00 %
NSE Complaints3
NSE Resolved Complaints3
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %

Conclusion

In conclusion, Shree Bahubali offers a range of trading and investment options through its user-friendly platforms. With competitive pricing and several investment choices, it is one of the best options for investors. However, the lack of comprehensive customer support and the number of customer complaints are areas of concern. Considering all the features and user experience, Shree Bahubali can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.