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IRIS RegTech Solutions (IRIS) - MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 36.41% on Share India(2.7x leverage)

Fundamentals Snapshot

Fundamentals updated 16 JulSmall Cap
CMP
₹252
PE
36.8
ROE
10.2%
ROCE
12.6%
P/B
2.58
Mkt Cap
₹521 Cr

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

MTF Margin Comparison - IRIS

Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
36.51%
Margin Required
Leverage2.7x
You Pay3,651
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
BEST
Share India
36.41%
Margin Required
Leverage2.7x
You Pay3,641
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

IRIS RegTech Solutions - Complete Broker Comparison

ParameterZerodhaGrowwShare India
MTF Margin50.00%36.51%36.41%
Leverage2.0x2.7x2.7x
You Pay (per ₹1L)50,00036,51036,410
Broker Funds (per ₹1L)50,00063,49063,590
Interest Rate (p.a.)14.6%14.95%14.99%
Daily Interest Cost₹40 per lakh/day₹41 per lakh/daysee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower0.1% per orderplan-based
Pledge Charges₹15 + GST per pledge request₹20 per orderper ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto square-off on margin shortfall

Share India offers the best margin of 36.41% for IRIS, while Zerodha requires 50.00% - a difference of 13.59 percentage points. This means you save ₹13,590 per ₹1 lakh invested by choosing Share India.

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

Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Groww
Your capital36,510
Broker funds63,490
Daily interest26
30-day cost780
Annual cost9,492
Share India
Your capital36,410
Broker funds63,590
Daily interest26
30-day cost783
Annual cost9,532

* 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 IRIS with MTF?

If you invest
10,000
Stock value you hold27,465
Share India funds17,465
Margin used36.41%
If you invest
50,000
Stock value you hold1,37,325
Share India funds87,325
Margin used36.41%
If you invest
1,00,000
Stock value you hold2,74,650
Share India funds1,74,650
Margin used36.41%

Frequently Asked Questions - IRIS MTF

What is the MTF margin for IRIS?

Zerodha: 50.00%, Groww: 36.51%, Share India: 36.41%. The lowest margin is 36.41% on Share India, meaning you only need to pay ₹3640.9999999999995 to buy ₹10,000 worth of IRIS RegTech Solutions shares.

Which broker is cheapest for IRIS MTF?

For margin percentage, Share India offers the lowest at 36.41% (2.7x 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 IRIS 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 IRIS on margin?

Yes, IRIS RegTech Solutions (IRIS) is available for Margin Trading Facility (MTF) on Zerodha, Groww, 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 IRIS 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 IRIS?

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 IRIS?

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 IRIS 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 IRIS RegTech Solutions (IRIS) Margin Trading

IRIS RegTech Solutions (IRIS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Zerodha, Groww, Share India. MTF allows you to buy IRIS 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 36.41% for IRIS. This means you can buy ₹1,00,000 worth of IRIS RegTech Solutions shares by paying just ₹36,410, with Share India funding the remaining ₹63,590.

MTF Interest Rates for IRIS - Broker Comparison

The cost of holding IRIS 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 IRIS 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 IRIS 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 1938+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade IRIS directly through our Scalper Terminal.