PR

Premier Explosives Ltd (PREMEXPLN) - MTF Margin Comparison

Exchange: NSE · Available on 6 brokers · Updated daily

Best MTF Rate: 42.45% on Pocketful(2.4x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹782
PE
84.7
ROE
18.6%
ROCE
22.6%
Div Yield
0.06%
P/B
14.54
Mkt Cap
₹4,204 Cr

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

MTF Margin Comparison - PREMEXPLN

Zerodha
43.72%
Margin Required
Leverage2.3x
You Pay4,372
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Kotak Neo
43.86%
Margin Required
Leverage2.3x
You Pay4,386
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
43.79%
Margin Required
Leverage2.3x
You Pay4,379
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Pocketful
42.45%
Margin Required
Leverage2.4x
You Pay4,245
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
43.72%
Margin Required
Leverage2.3x
You Pay4,372
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
43.85%
Margin Required
Leverage2.3x
You Pay4,385
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Premier Explosives Ltd - Complete Broker Comparison

ParameterZerodhaKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin43.72%43.86%43.79%42.45%43.72%43.85%
Leverage2.3x2.3x2.3x2.4x2.3x2.3x
You Pay (per ₹1L)43,72043,86043,79042,45043,72043,850
Broker Funds (per ₹1L)56,28056,14056,21057,55056,28056,150
Interest Rate (p.a.)14.6%9.95%14.99%5.99%14.99%14.99%
Daily Interest Cost₹40 per lakh/day~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-based
Pledge Charges₹15 + GST per pledge and unpledge request per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISIN
Max Holding PeriodUnlimited (maintain margins daily)No Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto 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

Pocketful offers the best margin of 42.45% for PREMEXPLN, while Kotak Neo requires 43.86% - a difference of 1.41 percentage points.

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

Zerodha
Your capital43,720
Broker funds56,280
Daily interest23
30-day cost675
Annual cost8,217
Kotak Neo
Your capital43,860
Broker funds56,140
Daily interest15
30-day cost459
Annual cost5,586
Paytm Money
Your capital43,790
Broker funds56,210
Daily interest23
30-day cost693
Annual cost8,426
Pocketful
Your capital42,450
Broker funds57,550
Daily interest9
30-day cost283
Annual cost3,447
Anand Rathi
Your capital43,720
Broker funds56,280
Daily interest23
30-day cost693
Annual cost8,436
Share India
Your capital43,850
Broker funds56,150
Daily interest23
30-day cost692
Annual cost8,417

* 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 PREMEXPLN with MTF?

If you invest
10,000
Stock value you hold23,557
Pocketful funds13,557
Margin used42.45%
If you invest
50,000
Stock value you hold1,17,786
Pocketful funds67,786
Margin used42.45%
If you invest
1,00,000
Stock value you hold2,35,571
Pocketful funds1,35,571
Margin used42.45%

Frequently Asked Questions - PREMEXPLN MTF

What is the MTF margin for PREMEXPLN?

Zerodha: 43.72%, Kotak Neo: 43.86%, Paytm Money: 43.79%, Pocketful: 42.45%, Anand Rathi: 43.72%, Share India: 43.85%. The lowest margin is 42.45% on Pocketful, meaning you only need to pay ₹4245 to buy ₹10,000 worth of Premier Explosives Ltd shares.

Which broker is cheapest for PREMEXPLN MTF?

For margin percentage, Pocketful offers the lowest at 42.45% (2.4x 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 PREMEXPLN 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 PREMEXPLN on margin?

Yes, Premier Explosives Ltd (PREMEXPLN) is available for Margin Trading Facility (MTF) on Zerodha, Kotak Neo, Paytm Money, Pocketful, 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 PREMEXPLN 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 PREMEXPLN?

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 PREMEXPLN?

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 PREMEXPLN 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 Premier Explosives Ltd (PREMEXPLN) Margin Trading

Premier Explosives Ltd (PREMEXPLN) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 6 major Indian brokers: Zerodha, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy PREMEXPLN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Pocketful offers the best MTF margin of 42.45% for PREMEXPLN. This means you can buy ₹1,00,000 worth of Premier Explosives Ltd shares by paying just ₹42,450, with Pocketful funding the remaining ₹57,550.

MTF Interest Rates for PREMEXPLN - Broker Comparison

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