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Solex Energy Limited (SOLEX) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 36.75% on Zerodha(2.7x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹1,059
PE
12.0
ROE
46.3%
ROCE
35.8%
Div Yield
0.05%
P/B
4.53
Mkt Cap
₹1,144 Cr

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

MTF Margin Comparison - SOLEX

BEST
Zerodha
36.75%
Margin Required
Leverage2.7x
You Pay3,675
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
53.78%
Margin Required
Leverage1.9x
You Pay5,378
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
36.75%
Margin Required
Leverage2.7x
You Pay3,675
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
37.00%
Margin Required
Leverage2.7x
You Pay3,700
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Solex Energy Limited - Complete Broker Comparison

ParameterZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin36.75%50.00%40.00%53.78%50.00%36.75%37.00%
Leverage2.7x2.0x2.5x1.9x2.0x2.7x2.7x
You Pay (per ₹1L)36,75050,00040,00053,78050,00036,75037,000
Broker Funds (per ₹1L)63,25050,00060,00046,22050,00063,25063,000
Interest Rate (p.a.)14.6%12.49%9.95%14.99%5.99%14.99%14.99%
Daily Interest Cost₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹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₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%Auto 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

Zerodha offers the best margin of 36.75% for SOLEX, while Paytm Money requires 53.78% - a difference of 17.03 percentage points. This means you save ₹17,030 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital36,750
Broker funds63,250
Daily interest25
30-day cost759
Annual cost9,235
Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245
Kotak Neo
Your capital40,000
Broker funds60,000
Daily interest16
30-day cost491
Annual cost5,970
Paytm Money
Your capital53,780
Broker funds46,220
Daily interest19
30-day cost569
Annual cost6,928
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Anand Rathi
Your capital36,750
Broker funds63,250
Daily interest26
30-day cost779
Annual cost9,481
Share India
Your capital37,000
Broker funds63,000
Daily interest26
30-day cost776
Annual cost9,444

* 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 SOLEX with MTF?

If you invest
10,000
Stock value you hold27,211
Zerodha funds17,211
Margin used36.75%
If you invest
50,000
Stock value you hold1,36,054
Zerodha funds86,054
Margin used36.75%
If you invest
1,00,000
Stock value you hold2,72,109
Zerodha funds1,72,109
Margin used36.75%

Frequently Asked Questions - SOLEX MTF

What is the MTF margin for SOLEX?

Zerodha: 36.75%, Dhan: 50.00%, Kotak Neo: 40.00%, Paytm Money: 53.78%, Pocketful: 50.00%, Anand Rathi: 36.75%, Share India: 37.00%. The lowest margin is 36.75% on Zerodha, meaning you only need to pay ₹3675 to buy ₹10,000 worth of Solex Energy Limited shares.

Which broker is cheapest for SOLEX MTF?

For margin percentage, Zerodha offers the lowest at 36.75% (2.7x 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 SOLEX 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 SOLEX on margin?

Yes, Solex Energy Limited (SOLEX) is available for Margin Trading Facility (MTF) on Zerodha, Dhan, 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 SOLEX 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 SOLEX?

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 SOLEX?

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 SOLEX 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 Solex Energy Limited (SOLEX) Margin Trading

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

Currently, Zerodha offers the best MTF margin of 36.75% for SOLEX. This means you can buy ₹1,00,000 worth of Solex Energy Limited shares by paying just ₹36,750, with Zerodha funding the remaining ₹63,250.

MTF Interest Rates for SOLEX - Broker Comparison

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