Reviews of Stock Brokers

Shri Parasram Holdings

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 Shri Parasram Holdings, 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.


Shri Parasram Holdings founded in 2007 by Late Shri Subhash Chander is a Public company headquartered in New Delhi, Delhi India. As a Full Service Broker, Shri Parasram Holdings aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Shri Parasram Holdings operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewShri Parasram Holdings
Broker TypeFull Service Broker
Type of companyPublic
HeadquarterNew Delhi, Delhi
FoundersLate Shri Subhash Chander
Foundation Year2007
Supported ExchangesNA
Total branchesNil

Shri Parasram Holdings Account opening charges

To begin trading with Shri Parasram Holdings, you need to open a trading account and a Demat account. Shri Parasram Holdings charges 0 for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs 385 per Annum or lifetime Rs 885 for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesShri Parasram Holdings
Trading Account Opening Charges0
Demat AMC (Annual Maintenance Charges)Rs 385 per Annum or lifetime Rs 885
Trading AMC (Annual Maintenance Charges)Rs 350 + GST 18%
Margin MoneyMinimum Rs.10,000
Offline to Online ChargesYes

Shri Parasram Holdings Brokerage Charges

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

Equity Brokerage Charges

Equity Brokerage ChargesShri Parasram Holdings
Equity Delivery Brokerage0.20%
Equity Intraday Brokerage0.02% – 0.04%
Equity Futures Brokerage0.02% – 0.04% or Rs. 50 minimum
Equity Options Brokerage0.02% – 0.04% or Rs. 50 minimum

Currency Brokerage Charges

Currency Brokerage ChargesShri Parasram Holdings
Currency Futures Brokerage0.02% – 0.04% or Rs. 50 minimum
Currency Options Brokerage0.02% – 0.04% or Rs. 50 minimum

Commodity Brokerage Charges

Commodity Brokerage ChargesShri Parasram Holdings
Commodity Options Brokerage0.05% or Rs. 50 per Lot

Shri Parasram Holdings Other Charges

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

Other Brokerage ChargesShri Parasram Holdings
Minimum Brokerage ChargesCustomizable
Transaction Brokerage Charges0.00325% of Total Turnover
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

Shri Parasram Holdings Equity Leverage

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

Equity LeverageShri Parasram Holdings
Equity DeliveryUpto 2x
Equity IntradayUpto 6x
Equity FuturesUpto 3x
Equity OptionsUpto 4x

Shri Parasram Holdings Currency Leverage

Currency LeverageShri Parasram Holdings
Currency FuturesUpto 2x
Currency OptionsUpto 2x

Shri Parasram Holdings Commodity Leverage

Equity LeverageShri Parasram Holdings
CommodityUpto 2x

Shri Parasram Holdings Offers

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

OffersShri Parasram Holdings
Free Stock Trading AccountYes
Free Demat AccountYes
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersYes
Referral ProgramYes
Zero Brokerage on Loss TradesNo

Shri Parasram Holdings Features

FeaturesShri Parasram Holdings
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryYes
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 20x
Mutual FundsYes
SIP (Systematic Investment Plan)No
Forex TradingNo

Shri Parasram Holdings 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.

ServicesShri Parasram Holdings
Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryYes
Relationship ManagerYes

Shri Parasram Holdings Trading Platforms

The Shri Parasram Holdings 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.

Shri Parasram Holdings Trading Platforms

Desktop Trading PlatformsShri Parasram Holdings
Desktop BrowserYes

Shri Parasram Holdings Mobile App

The Shri Parasram Holdings 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 AppShri Parasram Holdings
Mobile BrowserNo
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Shri Parasram Holdings Web Trading

For web-based trading, Shri Parasram Holdings offers a powerful trading website known as Shri Parasram Holdings 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.

Shri Parasram Holdings Trade Terminal

Shri Parasram Holdings 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.

Shri Parasram Holdings Customer Support

Customer SupportShri Parasram Holdings
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportNo
Chat SupportNo
Toll free numberNo
Support Branches350

Shri Parasram Holdings 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 Shri Parasram Holdings.

BSE ComplaintsShri Parasram Holdings
BSE Complaints5
BSE Resolved Complaints5
Percentage of resolved BSE complaints100.00 %
NSE Complaints12
NSE Resolved Complaints12
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %


In conclusion, Shri Parasram Holdings 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, Shri Parasram Holdings can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.