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Shaily Engineering Plastics (SHAILY) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 40.15% on Zerodha(2.5x leverage)

MTF Margin Comparison — SHAILY

Upstox
Not Available
BEST
Zerodha
40.15%
Margin Required
Leverage2.5x
You Pay4,015
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
40.15%
Margin Required
Leverage2.5x
You Pay4,015
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
64%
Margin Required
Leverage1.6x
You Pay6,400
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Shaily Engineering Plastics — Complete Broker Comparison

ParameterZerodhaGrowwDhan
MTF Margin40.15%40.15%64%
Leverage2.5x2.5x1.6x
You Pay (per ₹1L)40,15040,15064,000
Broker Funds (per ₹1L)59,85059,85036,000
Interest Rate (p.a.)14.6%14.95%12.49%
Daily Interest Cost₹40 per lakh/day₹41 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.3% or ₹20/order (whichever is lower)₹20 per order (flat)₹20 per order
Pledge Charges₹15 + GST per ISINAuto-pledged (included)₹30 + GST per ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limitNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto-liquidation if margin coverage < 20%

Zerodha offers the best margin of 40.15% for SHAILY, while Dhan requires 64% — a difference of 23.9 percentage points. This means you save ₹23,850 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital40,150
Broker funds59,850
Daily interest24
30-day cost718
Annual cost8,738
Groww
Your capital40,150
Broker funds59,850
Daily interest25
30-day cost735
Annual cost8,948
Dhan
Your capital64,000
Broker funds36,000
Daily interest12
30-day cost370
Annual cost4,496

* 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 SHAILY with MTF?

If you invest
10,000
Stock value you hold24,907
Zerodha funds14,907
Margin used40.15%
If you invest
50,000
Stock value you hold1,24,533
Zerodha funds74,533
Margin used40.15%
If you invest
1,00,000
Stock value you hold2,49,066
Zerodha funds1,49,066
Margin used40.15%

Frequently Asked Questions — SHAILY MTF

What is the MTF margin for SHAILY?

Zerodha: 40.15%, Groww: 40.15%, Dhan: 64%. The lowest margin is 40.15% on Zerodha, meaning you only need to pay ₹4015 to buy ₹10,000 worth of Shaily Engineering Plastics shares.

Which broker is cheapest for SHAILY MTF?

For margin percentage, Zerodha offers the lowest at 40.15% (2.5x 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 SHAILY 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 SHAILY on margin?

Yes, Shaily Engineering Plastics (SHAILY) is available for Margin Trading Facility (MTF) on Zerodha, Groww, Dhan. 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 SHAILY 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 SHAILY?

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 SHAILY?

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 SHAILY 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 Shaily Engineering Plastics (SHAILY) Margin Trading

Shaily Engineering Plastics (SHAILY) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Zerodha, Groww, Dhan. MTF allows you to buy SHAILY shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 40.15% for SHAILY. This means you can buy ₹1,00,000 worth of Shaily Engineering Plastics shares by paying just ₹40,150, with Zerodha funding the remaining ₹59,850.

MTF Interest Rates for SHAILY — Broker Comparison

The cost of holding SHAILY 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 SHAILY 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 SHAILY 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 1958+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SHAILY directly through our Scalper Terminal.