Cholamandalam Securities is an established stock brokerage firm under the Murugappa Group, offering a wide range of financial services in the form of equity trading, mutual funds, and derivatives. It is popular for its strength in research ability and personalized advisory services catering to the retail and institutional investment segments. Its amiable trading platform, supported by solid customer care, helps smoothen the trading experience. Cholamandalam offers real-time market updates and well-researched recommendations, hence an excellent appeal for both beginner and experienced traders.
Year of Incorporation | 1978 |
Website | https://www.cholamandalam.com/ |
Phone | 1800-102-4565 |
Exchanges enabled | BSE, NSE |
Demat (NSDL/CDSL) | CDSL and NSDL |
Equity | 0.50% per Executed Order |
Equity Futures | 0.05% per Executed Order |
Equity Options | Rs.50 per Lot |
Currency Futures | 0.05% per Executed Order |
Currency Options | Rs.25 per Lot |
Commodity | Not Available |
Trading only | Free |
Trading & Demat | Rs.300 |
Commodity | Not Available |
Double check on if you are paying much higher other/turnover costs, make sure to compare
Equity | 0.00325% |
Futures | 0.0019% of Turnover |
Options | 0.05% of Turnover |
Commodities | Not Available |
AMC charge | Rs.300 per Annum |
DP Transaction Charge | Rs 20 |
Offline order placing Charge | Nil |
Software | |
Web/HTML 5 | |
Mobile |
Intraday | 7 Days |
End of Day | 5 Years |
Coding/Backtesting |
Online Trade Reports | |
Online PNL Reports | |
Online Contract Notes |
Leverage Provided
Equity | Upto 2x for Delivery & Upto 6x for Intraday |
Equity Futures | Upto 3x |
Equity Options | Upto 5x |
Currency Futures | Upto 3x |
Currency Options | Upto 3x |
Commodity | Not Available |
Research & Tips | |
Brokerage Calculator | |
Margin Calculator | |
Bracket orders & Trailing Stoploss | |
Training & Education |
3 in 1 Account | |
Instant Fund withdrawal | |
Relationship Managers |
Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
Profit after Tax FY11/12 | Rs (229,338) Crores |
Profit after Tax FY12/13 | Rs 30,655 Crores |
Profit after Tax FY13/14 | Rs 364.01 Crores |
Profit after Tax FY 14/15 | Rs 435.16 Crores |
Profit after Tax FY 15/16 | Rs 568.45 Crores |
Profit after Tax FY 16/17 | Rs 719 Crores |
Profit after Tax FY 17/18 | Rs 918 Crores |
Profit after Tax FY 18/19 | Rs 1,186 Crores |
Profit after Tax FY 19/20 | Rs 1,052.73 Crores |
Profit after Tax FY 20/21 | Rs 1515.44 Crores |
Profit after Tax FY 21/22 | Rs 2,147.94 Crores |
Profit after Tax FY 22/23 | Rs 2,666.69 Crores |
Debt FY11/12 | Rs 4.7 Crores |
Debt FY12/13 | Rs 8.87 Crores |
Debt FY13/14 | Rs 10.90 Crores |
Debt FY14/15 | Rs 15.15 Crores |
Debt FY15/16 | Rs 18.36 Crores |
Debt FY16/17 | Rs 19.23 Crores |
Debt FY17/18 | Rs 20.96 Crores |
Debt FY18/19 | Rs 19.64 Lakhs |
Debt FY19/20 | Rs 24.17 Crores |
Debt FY20/21 | Rs 27.39 Crores |
Debt FY21/22 | Rs 28.52 Crores |
Debt FY22/23 | Rs 29.61 Crores |
Profit to Equity(%) FY11/12 | 15.74% |
Profit to Equity(%) FY12/13 | 16.68% |
Profit to Equity(%) FY13/14 | 17.34% |
Profit to Equity(%) FY14/15 | 17.73% |
Profit to Equity(%) FY15/16 | 18.75% |
Profit to Equity(%) FY16/17 | 18.49% |
Profit to Equity(%) FY17/18 | 17.54% |
Profit to Equity(%) FY18/19 | 18.53% |
Profit to Equity(%) FY19/20 | 18.09% |
Profit to Equity(%) FY20/21 | 19.34% |
Profit to Equity(%) FY21/22 | 20.30% |
Profit to Equity(%) FY22/23 | 21.18% |
Balance Sheet Size FY11/12 | Rs 9,678.26 Crores |
Balance Sheet Size FY12/13 | Rs 13,430.26 Crores |
Balance Sheet Size FY13/14 | Rs 18,184.80 Crores |
Balance Sheet Size FY14/15 | Rs 21,546.80 Crores |
Balance Sheet Size FY15/16 | Rs 23,873.23 Crores |
Balance Sheet Size FY16/17 | Rs 30,594.80 Crores |
Balance Sheet Size FY17/18 | Rs 44,089.73 Crores |
Balance Sheet Size FY18/19 | Rs 57,426.30 Crores |
Balance Sheet Size FY19/20 | Rs 64,002.39 Crores |
Balance Sheet Size FY20/21 | Rs 74,548.42 Crores |
Balance Sheet Size FY21/22 | Rs 82,363.68 Crores |
Balance Sheet Size FY22/23 | Rs 1,13,515.90 Crores |
The equity intraday brokerage charge for Cholamandalam Securities depends on their fee structure. Please refer to Cholamandalam Securities's official website or contact their customer support for the most accurate and up-to-date information.
Cholamandalam Securities charges a brokerage fee for equity delivery trades. Check the latest rates on Cholamandalam Securities's official website or get in touch with their customer support for detailed information.
The options brokerage charge with Cholamandalam Securities varies based on their pricing model. For the latest and specific details, visit Cholamandalam Securities's official website or contact their customer service.
Cholamandalam Securities may apply a Depository Participant (DP) charge. To know the exact DP charges, please check the fees section on Cholamandalam Securities's official website or reach out to their customer support.
Cholamandalam Securities may or may not have a fixed brokerage structure. For accurate and detailed information on brokerage charges, visit Cholamandalam Securities's official website or contact their customer service.
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