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Ifgl Refractories Limited (IFGLEXPOR) - MTF Margin Comparison

Exchange: NSE · Available on 5 brokers · Updated daily

Best MTF Rate: 38.17% on Share India(2.6x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹221
PE
43.1
ROE
3.2%
ROCE
4.9%
Div Yield
0.97%
P/B
1.36
Mkt Cap
₹1,596 Cr

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

MTF Margin Comparison - IFGLEXPOR

Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
50.00%
Margin Required
Leverage2.0x
You Pay5,000
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
Anand Rathi
39.59%
Margin Required
Leverage2.5x
You Pay3,959
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Share India
38.17%
Margin Required
Leverage2.6x
You Pay3,817
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Ifgl Refractories Limited - Complete Broker Comparison

ParameterZerodhaDhanKotak NeoAnand RathiShare India
MTF Margin50.00%50.00%100.00%39.59%38.17%
Leverage2.0x2.0x1.0x2.5x2.6x
You Pay (per ₹1L)50,00050,0001,00,00039,59038,170
Broker Funds (per ₹1L)50,00050,000060,41061,830
Interest Rate (p.a.)14.6%12.49%9.95%14.99%14.99%
Daily Interest Cost₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/daysee brokersee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%see planplan-based
Pledge Charges₹15 + GST per pledge and unpledge request per ISIN₹30 + GST per ISIN₹20 + GST per ISINper ISINper ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limit
Auto Square-OffAuto 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 shortfall

Share India offers the best margin of 38.17% for IFGLEXPOR, while Kotak Neo requires 100.00% - a difference of 61.83 percentage points. This means you save ₹61,830 per ₹1 lakh invested by choosing Share India.

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

Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Anand Rathi
Your capital39,590
Broker funds60,410
Daily interest25
30-day cost744
Annual cost9,055
Share India
Your capital38,170
Broker funds61,830
Daily interest25
30-day cost762
Annual cost9,268

* 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 IFGLEXPOR with MTF?

If you invest
10,000
Stock value you hold26,199
Share India funds16,199
Margin used38.17%
If you invest
50,000
Stock value you hold1,30,993
Share India funds80,993
Margin used38.17%
If you invest
1,00,000
Stock value you hold2,61,986
Share India funds1,61,986
Margin used38.17%

Frequently Asked Questions - IFGLEXPOR MTF

What is the MTF margin for IFGLEXPOR?

Zerodha: 50.00%, Dhan: 50.00%, Kotak Neo: 100.00%, Anand Rathi: 39.59%, Share India: 38.17%. The lowest margin is 38.17% on Share India, meaning you only need to pay ₹3817 to buy ₹10,000 worth of Ifgl Refractories Limited shares.

Which broker is cheapest for IFGLEXPOR MTF?

For margin percentage, Share India offers the lowest at 38.17% (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 IFGLEXPOR 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 IFGLEXPOR on margin?

Yes, Ifgl Refractories Limited (IFGLEXPOR) is available for Margin Trading Facility (MTF) on Zerodha, Dhan, Kotak Neo, Anand Rathi, 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 IFGLEXPOR 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 IFGLEXPOR?

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 IFGLEXPOR?

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 IFGLEXPOR 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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About Ifgl Refractories Limited (IFGLEXPOR) Margin Trading

Ifgl Refractories Limited (IFGLEXPOR) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 5 major Indian brokers: Zerodha, Dhan, Kotak Neo, Anand Rathi, Share India. MTF allows you to buy IFGLEXPOR 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 38.17% for IFGLEXPOR. This means you can buy ₹1,00,000 worth of Ifgl Refractories Limited shares by paying just ₹38,170, with Share India funding the remaining ₹61,830.

MTF Interest Rates for IFGLEXPOR - Broker Comparison

The cost of holding IFGLEXPOR 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 IFGLEXPOR 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 IFGLEXPOR 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 IFGLEXPOR directly through our Scalper Terminal.