Sharat Industries Ltd (SHINDL) - MTF Margin Comparison
Exchange: NSE · Available on 4 brokers · Updated daily
Fundamentals Snapshot
Fundamentals updated 21 JulSmall CapFundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.
MTF Margin Comparison - SHINDL
Sharat Industries Ltd - Complete Broker Comparison
| Parameter | Zerodha | Groww | Pocketful | Share India |
|---|---|---|---|---|
| MTF Margin | 50.00% | 32.04% | 50.00% | 50.00% |
| Leverage | 2.0x | 3.1x | 2.0x | 2.0x |
| You Pay (per ₹1L) | ₹50,000 | ₹32,040 | ₹50,000 | ₹50,000 |
| Broker Funds (per ₹1L) | ₹50,000 | ₹67,960 | ₹50,000 | ₹50,000 |
| Interest Rate (p.a.) | 14.6% | 14.95% | 5.99% | 14.99% |
| Daily Interest Cost | ₹40 per lakh/day | ₹41 per lakh/day | ~₹27 per lakh/day | see broker |
| Brokerage | 0.3% or Rs. 20/executed order, whichever is lower | 0.1% per order | Minimal broker charges, no hidden fees. | plan-based |
| Pledge Charges | ₹15 + GST per pledge request | ₹20 per order | ₹20 + GST per ISIN | per ISIN |
| Max Holding Period | Unlimited (maintain margins daily) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | No published limit | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Groww offers the best margin of 32.04% for SHINDL, while Zerodha requires 50.00% - a difference of 17.96 percentage points. This means you save ₹17,960 per ₹1 lakh invested by choosing Groww.
SHINDL 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 SHINDL with MTF?
Frequently Asked Questions - SHINDL MTF
What is the MTF margin for SHINDL?
Which broker is cheapest for SHINDL MTF?
What interest rate do brokers charge on SHINDL MTF?
Can I buy SHINDL on margin?
How long can I hold SHINDL on MTF?
What are the pledge charges for SHINDL?
What happens if margin falls below minimum for SHINDL?
What is the maximum borrowing limit for SHINDL MTF?
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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 Sharat Industries Ltd (SHINDL) Margin Trading
Sharat Industries Ltd (SHINDL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Zerodha, Groww, Pocketful, Share India. MTF allows you to buy SHINDL shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Groww offers the best MTF margin of 32.04% for SHINDL. This means you can buy ₹1,00,000 worth of Sharat Industries Ltd shares by paying just ₹32,040, with Groww funding the remaining ₹67,960.
MTF Interest Rates for SHINDL - Broker Comparison
The cost of holding SHINDL 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 SHINDL 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 SHINDL 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 1903+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SHINDL directly through our Scalper Terminal.