Brokers





1. Membership

Admission Fees

24,00,000 /-* (Inclusive of Permitted & Technology Fees)

Annual Fees

5,000/-



2. Dealership

Admission Fees

10,00,000 /-*(Inclusive of Permitted & Technology Fees)

Annual Fees

  5,000/-



Note : Both the above fees for Membership & Dealership and Annual Fee are Non Refundable ,Non Adjustable & Interest Free.

3. Fees Applicable to Members & Dealers


A) Fees payable for Upgradation of Dealer to Member/
Change in constitution of entity (Change of Control, Merger, Amalgamation, Sale of Membership/Dealership)

10,000/-

B) Base Minimum Capital (Refundable Deposit to be maintained as per the SEBI norms)

1,00,000/-

C) Fees Payable for Transfer of Membership/Dealership

10,000/-

4. Processing Fees Applicable to Members & Dealers  

Sl. No.

Type of Change in Status and Constitution

Processing Fees (Rs.)  

1

Change in non-designated directors

1,000/-

2

Change in shareholding (without change in controlling interest in the company)

1,000/-

3

Change in Designated/ Qualifying/ Whole-time directors

2,000/-

4

Change in Name

2,000/-

5

Change in Registered Office Address

1,000/-

 Note: As per Exchange/SEBI norms, any change in directors, shareholding pattern and status & constitution of the stockbroker has to be approved by Exchange/SEBI. Such changes without prior approval of the Exchange/SEBI are in violation of the Exchange/SEBI norms and attract penalty.

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