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Shalimar Paints Limited (SHALPAINTS) - MTF Margin Comparison

Exchange: NSE · Available on 1 brokers · Updated daily

Best MTF Rate: 100% on Kotak Neo(1.0x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹50.6
PE
30.0
ROE
-21.3%
ROCE
-7.9%
P/B
1.69
Mkt Cap
₹422 Cr

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

MTF Margin Comparison - SHALPAINTS

BEST
Kotak Neo
100%
Margin Required
Leverage1.0x
You Pay₹10,000
You Get₹10,000

Shalimar Paints Limited - Complete Broker Comparison

ParameterKotak Neo
MTF Margin100%
Leverage1.0x
You Pay (per ₹1L)₹1,00,000
Broker Funds (per ₹1L)₹0
Interest Rate (p.a.)~18%
Daily Interest CostN/A
Brokerage₹20/order
Pledge ChargesN/A
Max Holding PeriodN/A
Max Borrowing LimitN/A
Auto Square-OffN/A

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

* 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 SHALPAINTS with MTF?

If you invest
₹10,000
Stock value you hold₹10,000
Kotak Neo funds₹0
Margin used100%
If you invest
₹50,000
Stock value you hold₹50,000
Kotak Neo funds₹0
Margin used100%
If you invest
₹1,00,000
Stock value you hold₹1,00,000
Kotak Neo funds₹0
Margin used100%

Frequently Asked Questions - SHALPAINTS MTF

What is the MTF margin for SHALPAINTS?

Kotak Neo: 100%. The lowest margin is 100% on Kotak Neo, meaning you only need to pay ₹10000 to buy ₹10,000 worth of Shalimar Paints Limited shares.

Which broker is cheapest for SHALPAINTS MTF?

For margin percentage, Kotak Neo offers the lowest at 100% (1.0x 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 SHALPAINTS 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 SHALPAINTS on margin?

Yes, Shalimar Paints Limited (SHALPAINTS) is available for Margin Trading Facility (MTF) on Kotak Neo. 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 SHALPAINTS 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 SHALPAINTS?

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 SHALPAINTS?

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 SHALPAINTS 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 Shalimar Paints Limited (SHALPAINTS) Margin Trading

Shalimar Paints Limited (SHALPAINTS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 1 major Indian brokers: Kotak Neo. MTF allows you to buy SHALPAINTS shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 100% for SHALPAINTS. This means you can buy ₹1,00,000 worth of Shalimar Paints Limited shares by paying just ₹1,00,000, with Kotak Neo funding the remaining ₹0.

MTF Interest Rates for SHALPAINTS - Broker Comparison

The cost of holding SHALPAINTS 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 SHALPAINTS 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 SHALPAINTS 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 2019+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SHALPAINTS directly through our Scalper Terminal.