SI

Sika Interplant Systems Limited (SIKA) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 41.80% on Upstox(2.4x leverage)

Fundamentals Snapshot

Fundamentals updated 21 JulSmall Cap
CMP
₹1,202
PE
69.4
ROE
26.1%
ROCE
35.2%
Div Yield
0.29%
P/B
16.38
Mkt Cap
₹2,531 Cr

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

MTF Margin Comparison - SIKA

BEST
Upstox
41.80%
Margin Required
Leverage2.4x
You Pay4,180
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
41.85%
Margin Required
Leverage2.4x
You Pay4,185
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
41.80%
Margin Required
Leverage2.4x
You Pay4,180
You Get₹10,000
Interest7.99% p.a.
Max HoldUnlimited
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Share India
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Sika Interplant Systems Limited - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwKotak NeoPaytm MoneyPocketfulShare India
MTF Margin41.80%50.00%41.85%100.00%41.80%50.00%50.00%
Leverage2.4x2.0x2.4x1.0x2.4x2.0x2.0x
You Pay (per ₹1L)41,80050,00041,8501,00,00041,80050,00050,000
Broker Funds (per ₹1L)58,20050,00058,150058,20050,00050,000
Interest Rate (p.a.)18.25%14.6%14.95%9.69%7.99%5.99%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day~₹27 per lakh/dayslab-based~₹27 per lakh/daysee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower0.1% per order₹20/order or 0.1%0.1% of trade valueMinimal broker charges, no hidden fees.plan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge request₹20 per order₹20 + GST per ISIN₹20/- per Transaction₹20 + GST per ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited (maintain margins)No Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Upstox offers the best margin of 41.80% for SIKA, while Kotak Neo requires 100.00% - a difference of 58.20 percentage points. This means you save ₹58,200 per ₹1 lakh invested by choosing Upstox.

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

Upstox
Your capital41,800
Broker funds58,200
Daily interest29
30-day cost873
Annual cost10,622
Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Groww
Your capital41,850
Broker funds58,150
Daily interest24
30-day cost715
Annual cost8,693
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital41,800
Broker funds58,200
Daily interest13
30-day cost382
Annual cost4,650
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Share India
Your capital50,000
Broker funds50,000
Daily interest21
30-day cost616
Annual cost7,495

* 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 SIKA with MTF?

If you invest
10,000
Stock value you hold23,923
Upstox funds13,923
Margin used41.80%
If you invest
50,000
Stock value you hold1,19,617
Upstox funds69,617
Margin used41.80%
If you invest
1,00,000
Stock value you hold2,39,234
Upstox funds1,39,234
Margin used41.80%

Frequently Asked Questions - SIKA MTF

What is the MTF margin for SIKA?

Upstox: 41.80%, Zerodha: 50.00%, Groww: 41.85%, Kotak Neo: 100.00%, Paytm Money: 41.80%, Pocketful: 50.00%, Share India: 50.00%. The lowest margin is 41.80% on Upstox, meaning you only need to pay ₹4180 to buy ₹10,000 worth of Sika Interplant Systems Limited shares.

Which broker is cheapest for SIKA MTF?

For margin percentage, Upstox offers the lowest at 41.80% (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 SIKA 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 SIKA on margin?

Yes, Sika Interplant Systems Limited (SIKA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, 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 SIKA 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 SIKA?

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 SIKA?

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 SIKA 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.

Compare Other MTF Stocks

Compare All 1903+ MTF Stocks

Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Sika Interplant Systems Limited (SIKA) Margin Trading

Sika Interplant Systems Limited (SIKA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Share India. MTF allows you to buy SIKA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 41.80% for SIKA. This means you can buy ₹1,00,000 worth of Sika Interplant Systems Limited shares by paying just ₹41,800, with Upstox funding the remaining ₹58,200.

MTF Interest Rates for SIKA - Broker Comparison

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