Precautions for clients dealing in Options

Dear Clients,
NSE Vide its circular dated July 06, 2022 has informed the trading members to carry out due diligence of all those clients wishing to trade in derivative segment of the Exchange more specifically in the Options segment to avoid any kind risk/threat that may occur as the derivative Products are not designed for general Public whose Income does not support the trade Position in Options.
Further in line with this circular all clients trading in derivative segments are informed to kindly update your financial details/income with us so as to avoid disallowance of trading in derivative Products.
Our compliance department will analyse the Income details with the turnover and in case of any serious deviation your account will be blocked for trading in derivative Products and it will be at the sole discretion of  M/S DHAN STOCK AND SHARE BROKERS PRIVATE LIMITED. Further Please also note that following actions needs your attention at all times and request you to desist from following activity to ensure smooth Operations of your trading account maintained with us.

For your necessary action and Information.

By order

M/S DHAN STOCK AND SHARE BROKERS PRIVATE LIMITED

Compliance Department

RISK DISCLOSURES ON DERIVATIVES

1. 9 out of 10 individual traders in equity Futures and Options Segment incurred net losses.

2. On an average, loss makers registered net trading loss  close to Rs. 50,000

3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.

4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html

Dear Investor,

As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.

https://www.bseipf.com/investors_education.html

We believe that an educated investor is a protected investor !!!

16 Years of experience

About Us

Leading Brokerage House

Dhan Stock & Share Brokers P Ltd was incorporated in the year 1997 and we become
member of Bombay stock exchange (BSE) in the year 2001 and of National Stock
Exchange (NSE) in the year 2007.

 

 

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What We Do

Our Products & Services

Trading in Equity Markets

Trading in equity markets at the National Stock Exchange (NSE) involves buying and sellin

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Bond

Bonds are financial instruments that represent a loan made by an investor to a borrower,

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Together we can shape a better future

Our Team

Dedicated Team Members

Directors/Proprietor

KAMAL PUGALIA

Mob:91 9831004173

Email:kamal_pugalia@rediffmail.com

Compliance Officer

SANJEEV KOTHARI

Mob: 91 9831044737

Email:sanjeevkothariin@gmail.com

Banking

VIJAY SINGH DAIYA

Mob: 91 9903247245

Email:vijuam@gmail.com

Investor Relationship Officer

VIJAY SINGH DAIYA

Mob:91 9903247245

Email:info@dhanstock.in
dhanstock97@gmail.com

Accounts

SANJEEV KOTHARI

Mob: 91 9831044737

Email:sanjeevkothariin@gmail.com

System & Surveillance

GOPAL KRISHNA DATTA

Mob: 91 9831181482

Email:gopald_2006@yahoo.co.in

DP Operation

DHANPAT KUMAR SHARMA

Mob:91 9007003555

Email:dhanpat71@gmail.com

KYC

DHANPAT KUMAR SHARMA

Mob:91 9007003555

Email:dhanpat71@gmail.com

Trading

ANIL KUMAR TRIPATHI

Mob: 91 9831716316

Email:akt1999@gmail.com

Details of Client Bank Accounts of Dhan Stock And Share Brokers Private Limited

“Investors are requested to note that ‘Dhan Stock And Share Brokers Private Limited ’ is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. ‘Dhan Stock And Share Brokers Private Limited ’ is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker”.

Name of the Bank Account Number Name of the Bank Account IFSC Code
HDFC BANK LTD 0008-034-0019464 DHAN STOCK AND SHARE BROKERS PVT LTD HDFC0000008

Basic Details of Head Office & Branch Office

Stock Broker Name Registration Number Registered Address Branch Address (if any) Contact No Email Id
Dhan Stock And Share Brokers Private Limite INZ000218037 18, Rabindra Sarani, Gate No.3, 4th Floor, Kolkata 700001 Sompuri Market, Shop No.2, Station Road, Santacruz (West), Mumbai-400054 9831044737 info@dhanstock.in

Names and contact details of all Key Managerial Personnel including Compliance Officer

Sr. No. Name of the Individual Designation Mobile Number Email Id
1 KAMAL PUGALIA Director 91 9831004173 kamal_pugalia@rediffmail.com
2 Lalit Pugalia Director 9820022895 lp.silverarch@yahoo.com
3 Nandan Pugalia Director 9883354321 nandanpugalia@gmail.com
4 Sanjeev Kothari Compliance Officer 91 9831044737 sanjeevkothariin@gmail.com
5 Dhanpat Sharma Head - Depository Services 91 9007003555 dhanpat71@gmail.com
5 Gopal Krishna Dutta Head – Systems 91 9831181482 gopald_2006@yahoo.com
6 Vijay Singh Daiya Head - Back-office 91 9903247245 vijuam@gmail.com
7 Anil Kumar Tripathi Head - Trading 91 9831716316 akt1999@gmail.com

Details of Authorized Persons

List Of Authorised Persons (AP)
Sr. no. Authorised Person's Name Authorised Person Code (Exchange wise) Constitution Status Registered Address Terminal Details (Exchange Wise)
(Approved / Cancelled) Address City State Pincode Terminal Allotted (Y/N) No. of Terminals
Nil NA
List of Authorised Persons (AP) Cancelled by Members on Account of Disciplinary Reasons
Sr. no. Authorised Person's Name Status Authorised Person Cancellation Details
Date Reason
1 Not Applicable Not Applicable Not Applicable Not Applicable

Address

18, Rabindra Sarani, Gate No.3, 4th Floor, Kolkata 700001

Phone

033 2225-1439-41

Email

info@dhanstock.in

M/S DHAN STOCK AND SHARE BROKERS PRIVATE LIMITED

NSE: CM | SEBI Reg. No. INZ000218037 DMAT DELIVERY ID: IN514347  Registered Address: 18, Rabindra Sarani, Gate No.3, 4th Floor, Kolkata 700001 System & Surveillance (Gopal Krishna Datta, Email:gopald_2006@yahoo.co.in & Phone Number:91 9831181482) For any grievances/complaints Email us at –  dhanstock1997@gmail.com
Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI. We do not share client details with any third party and do not sell any tips or recommendations. In case anyone calls you posing as an Dhan Stock And Share Brokers Private Limited executive offering/inducing you to trade, please report to us at  033 2225-1439-41

 

 Kind Attention Investors:

KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

Prevent unauthorized transactions in your account ---Update your Mobile Number and Email ID with your Stock Broker and Depository Participant. Receive information of your transactions directly from Stock Exchange and Depository on your Mobile/Email at the end of the day.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

All clients are requested to record their email id for electronic despatch of contract and statement. In case of electronic contract note, the link/login for the same is available on website for download.

Pay 20% upfront margin of the transaction value to trade in the cash market segment.

Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

Notice on Collection of Upfront Margin from 1 Aug, 2020 in Cash Segment:

It is to inform you that SEBI Vide circular dated August 01, 2019 & February 25, 2020 has made Margin collection (Initial Margin & MTM) mandatory for trading in Cash/Equity Segment effective August 01,2020 failing which Penalty will be levied by the Exchanges for not meeting the Margin requirement.

Therefore in compliance with the same, we request all the clients to provide us the sufficient margin either in the form of Funds and or securities before undertaking any trade on the Exchange through us. Moreover it is also applicable for intraday trades undertaken by the client.

We request you to pledge securities as margin in favour of our margin pledge account if you wish to undertake the trade and comply with the SEBI requirement of fulfilling the Margin obligation requirement in Cash Segment (Applicable on both Delivery & Non Delivery).

It is also reiterated that SEBI circular also envisages that the Shares can be given for Margin to the Stock broker through Pledge Instruction only initiated through depository System. Therefore in lieu of the same any charges levied by the Depository (In our Case NSDL) will be simultaneously charged to clients on actual basis.

Submit application letter along with photocopy of PAN and address proof requesting activation of Dormant Account.

All clients are requested to provide the NEFT details of your bank account for receiving direct credit to your account by online. Please summit an original unsigned cancelled cheque leaf along with latest bank statement to us.