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Hindware Home Innovations (HINDWAREAP) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 38.63% on Share India(2.6x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹251
PE
1566.0
ROE
0.2%
ROCE
7.0%
P/B
2.85
Mkt Cap
₹2,098 Cr

Fundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.

MTF Margin Comparison - HINDWAREAP

Upstox
39.37%
Margin Required
Leverage2.5x
You Pay3,937
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
40.37%
Margin Required
Leverage2.5x
You Pay4,037
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
39.31%
Margin Required
Leverage2.5x
You Pay3,931
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
45.00%
Margin Required
Leverage2.2x
You Pay4,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
BEST
Share India
38.63%
Margin Required
Leverage2.6x
You Pay3,863
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Hindware Home Innovations - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin39.37%50.00%40.00%100.00%40.37%50.00%39.31%45.00%38.63%
Leverage2.5x2.0x2.5x1.0x2.5x2.0x2.5x2.2x2.6x
You Pay (per ₹1L)39,37050,00040,0001,00,00040,37050,00039,31045,00038,630
Broker Funds (per ₹1L)60,63050,00060,000059,63050,00060,69055,00061,370
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%18%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-basedplan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge and unpledge request per ISIN₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Share India offers the best margin of 38.63% for HINDWAREAP, while Kotak Neo requires 100.00% - a difference of 61.37 percentage points. This means you save ₹61,370 per ₹1 lakh invested by choosing Share India.

HINDWAREAP MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital39,370
Broker funds60,630
Daily interest30
30-day cost909
Annual cost11,065
Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Dhan
Your capital40,000
Broker funds60,000
Daily interest21
30-day cost616
Annual cost7,494
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital40,370
Broker funds59,630
Daily interest24
30-day cost735
Annual cost8,939
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Anand Rathi
Your capital39,310
Broker funds60,690
Daily interest25
30-day cost748
Annual cost9,097
Bajaj Broking
Your capital45,000
Broker funds55,000
Daily interest27
30-day cost814
Annual cost9,900
Share India
Your capital38,630
Broker funds61,370
Daily interest25
30-day cost756
Annual cost9,199

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in HINDWAREAP with MTF?

If you invest
10,000
Stock value you hold25,887
Share India funds15,887
Margin used38.63%
If you invest
50,000
Stock value you hold1,29,433
Share India funds79,433
Margin used38.63%
If you invest
1,00,000
Stock value you hold2,58,866
Share India funds1,58,866
Margin used38.63%

Frequently Asked Questions - HINDWAREAP MTF

What is the MTF margin for HINDWAREAP?

Upstox: 39.37%, Zerodha: 50.00%, Dhan: 40.00%, Kotak Neo: 100.00%, Paytm Money: 40.37%, Pocketful: 50.00%, Anand Rathi: 39.31%, Bajaj Broking: 45.00%, Share India: 38.63%. The lowest margin is 38.63% on Share India, meaning you only need to pay ₹3863.0000000000005 to buy ₹10,000 worth of Hindware Home Innovations shares.

Which broker is cheapest for HINDWAREAP MTF?

For margin percentage, Share India offers the lowest at 38.63% (2.6x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on HINDWAREAP MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy HINDWAREAP on margin?

Yes, Hindware Home Innovations (HINDWAREAP) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold HINDWAREAP on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for HINDWAREAP?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for HINDWAREAP?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for HINDWAREAP MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Hindware Home Innovations (HINDWAREAP) Margin Trading

Hindware Home Innovations (HINDWAREAP) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy HINDWAREAP shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 38.63% for HINDWAREAP. This means you can buy ₹1,00,000 worth of Hindware Home Innovations shares by paying just ₹38,630, with Share India funding the remaining ₹61,370.

MTF Interest Rates for HINDWAREAP - Broker Comparison

The cost of holding HINDWAREAP on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for HINDWAREAP MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding HINDWAREAP on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade HINDWAREAP directly through our Scalper Terminal.