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  • 10 Best Price Action Trading Books

    10 Best Price Action Trading Books

    When it comes to the markets, there are two primary approaches: technical analysis and fundamental analysis. While fundamental analysis focuses on evaluating the intrinsic value of an asset, technical analysis studies price movements through charts and patterns. Among various technical approaches, price action stands out for its simplicity and effectiveness, as it emphasizes understanding raw price movements without relying on complex indicators.

    In this blog, we will give you an overview of the top 10 best price action trading books.

    What is Price Action?

    Price action is a study of price movements of a stock plotted over time, and traders make decisions based on these historical price movements. The traders who trade based on the price action focus more on chart patterns, candlesticks, trendlines, support and resistance, etc. Traders and analysts who use price action examine key elements such as:

    • Chart patterns (like triangles, flags, or head-and-shoulders) to predict potential market direction.
    • Candlestick formations, which provide insight into market psychology (e.g., bullish/bearish reversals).
    • Trendlines, which help identify whether the market is trending upward, downward, or moving sideways.
    • Support and resistance levels, which indicate where the price is likely to pause, reverse, or break out.

    By interpreting these, traders get an idea about the market sentiment directly from price movements.

    Read Also: What is Price Action Trading & Price Action Strategy?

    10 Best Price Action Trading Books

    Book TitleAuthorYearGoodreads Rating
    Martin Pring on Price PatternsMartin J. Pring20044.14
    A Complete Guide to Volume Price AnalysisAnna Coulling20134.24
    Forex Price Action and ScalpingBob Volman20114.13
    The Market WizardsJack D. Schwager19894.25
    Japanese Candlestick Charting TechniquesSteve Nison19914.31
    Trading Price Action TrendsAl Brooks20114.06
    The Art and Science of Technical AnalysisAdam Grimes20124.23
    Encyclopedia of Chart PatternsThomas Bulkowski2000/054.09
    The Ultimate Trading GuideJohn R. Hill20003.25
    Price Action BreakdownLaurentiu Damir20154.2

    Read Also: Best option trading books

    Overview of Best Price Action Trading Books

    An overview of the best price action trading books is given below:

    1. Martin Pring on Price Patterns

    This book was written by Martin J. Pring in 2004. It is a comprehensive guide that explains the steps to use price patterns, such as head and shoulders, triangles, etc. Pring was a renowned technical analyst, and with his extensive experience, he wrote this book, which has helped many traders. In his book, he has covered all the relevant topics such as support and resistance, trendlines, etc. Martin Pring explains the formation of these patterns and the method to use them effectively.

    What will you learn?

    • A trader will learn to identify and analyse different patterns like double top, head and shoulder, etc.
    • Entry and exit points based on the patterns.
    • Combining the price with the volume and moving average.
    • Reliability of patterns and failure indicators.
    Martin Pring on Price Patterns

    2. A Complete Guide to Volume Price Analysis

    This book was written by Anna Coulling and was published in 2013. This book explains the concept of volume price analysis, which combines the volume and price movement of a stock to identify its strength of bullish or bearish market moves. This book helps a trader in identifying false breakouts and improving their decision-making. It offers the trader a practical way to understand the market moves without relying on indicators.

    What will you learn?

    • How the market moves can be predicted using price and volume.
    • Using volume signals to identify buying and selling pressure.
    • Using volume confirmation to identify a false breakout.
    • Understanding the various phases of the market, such as accumulation and distribution.
    A Complete Guide to Volume Price Analysis

    3. Forex Price Action and Scalping

    The book was published in 2011 and was written by Bob Volman. This book is suitable for traders who are interested in manual scalping and want to do scalping in a short time frame. They are preferred by the traders who generally trade in the currency segment. However, the book also focuses on proper risk management.

    What will you learn?

    • Techniques for scalping based only on price movement.
    • How to take a trade based on a 5-minute chart pattern.
    • Real chart pattern examples along with a detailed explanation of it.
    • Strategies for fast entry and exit in forex trades.
    Forex Price Action and Scalping

    4. The Market Wizards

    The author of the book was Jack D. Schwager, and the book was first published in 1989. This book details the in-depth interviews of the most successful traders of that time. Those traders made their fortune in different market segments, including stocks, forex, commodities, etc. The major takeaways of the book are risk management, patience and discipline. The book is in conversational form. All traders seek inspiration from this book.

    What will you learn?

    • Perspective of successful traders.
    • The psychological traits required for trading price action.
    • Risk management techniques.
    • How to modify their trading strategies based on changing market dynamics.
    The Market Wizards

    5. Japanese Candlestick Charting Techniques

    The book was first published in 1991 and was primarily focused on the usage of candlestick patterns in the modern trading world. The author of the book is Steve Nison. This book can be a foundation for traders who want to learn the art of candlestick patterns and how they can reveal market segments. This book navigates a trader from basic to advanced usage of chart patterns. It covers numerous candlestick patterns and how to combine them with other technical tools.

    What will you learn?

    • The evolution and importance of the candlestick pattern.
    • How to use a candlestick pattern along with other technical tools.
    • Understanding the psychology of the market, which influences candlestick formation.
    • Detailed explanation of reversal and continuation patterns with examples.
    Japanese Candlestick Charting Techniques

    This series of books was first published in 2011 and was written by AL Brooks. This book is not suitable for beginners, as it is highly technical. The techniques presented in this book are applicable across all time frames. The book is based on identifying the trading ranges and their breakouts and helps a trader in finding out the false breakouts. This book presents a systematic and detailed approach to analysing every candlestick pattern.

    What will you learn?

    • One to five-minute charts are used for analysis of small price action.
    • Recognising patterns, breakouts and reversals. 
    • Deep analysis of price structure, without studying volume.
    • Calculating the support and resistance levels

    7. The Art and Science of Technical Analysis

    The book “The Art and Science of Technical Analysis” was written by Adam Grimes and was published in 2012. The book primarily focused on a data-driven approach to studying technical analysis and price action. The author was a successful trader and has traded for various proprietary firms, hedge funds, etc. The book stresses the importance of stop loss and target. Adam Grimes explains what works in the market and what does not, and the importance of removing guesswork from the price analysis.

    What will you learn?

    • The reason behind the changes in market price.
    • Recognition of pattern by statistical analysis.
    • Duration of the effectiveness of the price trend.
    • Practical and realistic trading strategies.
    The Art and Science of Technical Analysis

    8. Encyclopedia of Chart Patterns

    This book was first written and published in 2000, and in 2005, its second edition was published. The book focuses on statistical and visual examples of chart patterns. In this book, almost every trading chart pattern is included. This book is generally used by swing and positional traders. This visual book is suitable for traders who wish to understand the real reasons behind every pattern. The writer of the book, Thomas Bulkowsky, shows the success and failure rate, and the average returns of different candlestick formations.

    What will you learn?

    • Failure and success rate of the candlestick pattern.
    • How to trade and handle trades based on each pattern.
    • Finding rare and potential formations.
    • A comprehensive collection of performance statistics and chart patterns.
    Encyclopedia of Chart Patterns

    9. The Ultimate Trading Guide

    This book was written by John R. Hill and was published in 2000. The book combines the trend-following strategy and technical analysis, followed by effective money management strategies. The book teaches traders to build their strategies using effective techniques. It introduces the method to develop, test and trade complex and structured strategies considering the price behaviour of the market.

    What will you learn?

    • How to use quantitative price action techniques.
    • Establishing and evaluating a trading system.
    • Understanding both the psychological and technical aspects of trading.
    • Analysing the chart to understand the entry and exit points.

    10. Price Action Breakdown

    Price Action Breakdown was written by Laurentiu Damir and was published in 2015. In this book, the author focuses on a simplified and practical approach to trading based on price action. The book primarily focuses on the foreign exchange (forex) market and introduces an approach that emphasizes the analysis of market movement, structure, and the psychology behind it. The book explains how to identify important levels and execute trade setups based on it.

    What will you learn?

    • Basic price action concepts made easy for beginners.
    • Key strategies using important price levels.
    • How to analyse support and resistance levels, trends, etc.
    Price Action Breakdown

    Read Also: Best Stock Market Traders in the World

    Conclusion

    On a concluding note, various traders have shared their experiences and successful strategies in different books written by them. Those price action trading books help new traders in refining their strategies without relying on too many indicators. No matter whether you are an experienced or a novice trader, these books help you in building a strong foundation, and by reading them, you can create a trading strategy that suits your trading style. However, it is advised to consult your investment advisor before executing any trades.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1Price Action Analysis: An Easy Explainer
    2Top 10 Books for Beginners in Trading & Investing
    310 Best Algorithmic Trading Books
    4What is Scalping Trading Strategy?
    65 Must-Read Best Swing Trading Books for Trader

    Frequently Asked Questions (FAQs)

    1. What is the meaning of price action trading?

      Price action trading is an approach that involves analyzing and making decisions based on historical price movements, often using candlestick patterns, chart structures, and key price levels.

    2. Can I start trading by reading the best price action trading books?

      Yes, one can learn the art of price action trading by reading the best price action trading books. However, it is advisable to consider your risk profile, trade by keeping a stop-loss and only after consulting your investment advisor.

    3. Is price action trading useful only in forex trades?

      No, price action trading is effective in different market segments such as equity, commodities, forex, etc.

    4. What are some of the best price action trading books?

      The best price action trading books are Martin Pring’s on Price Patterns, A Complete Guide to Volume Price Analysis, Price Action Breakdown, etc.

    5. What is scalping?

      Scalping is a trading approach in which the trader quickly takes entry and exits from trading positions in large quantities and tries to take advantage of small price movements.

  • 10 Best Stock Broking Stocks in India

    10 Best Stock Broking Stocks in India

    Interest in the Indian stock market has grown sharply since 2020, as millions of people began their investment journey due to the huge returns generated by the markets. Listed broking companies in India have directly benefited from this. Today, there are more than 19 crore demat accounts active in the country, and with this pace, the business of top stock broking companies in India has also grown rapidly.

    This blog will discuss the list of best stock broking stocks in India that not only provide stock broking services, but have themselves a strong investment option. 

    What is the Stock of a Stock Broking Company?

    When you avail the services of a broking company like buying and selling shares after opening a demat and trading account; then you are a customer of that company. But when you buy shares of the same broking company, you become its shareholder. Some broking companies are listed on the stock exchange, and you can buy and sell their shares like any other stock. The profits that these companies make from their business i.e., brokerage, distribution fees, margin funding interest, etc. directly benefits their investors. These stocks are also called proxy stocks because they are directly linked to the growth of the stock market. That is, when the market does well, more demat accounts are opened and their business tends to perform well.

    Top 10 Broking Companies in India Based on Market Capitalisation

    CompanyCurrent Market Price (in ₹)Market Capitalisation (in ₹ crore)52-Week High (in ₹)52-Week Low (in ₹)
    Aditya Birla Capital Ltd.25466,411283149
    Motilal Oswal Financial Services92655,5061,064488
    Nuvama Wealth Management Ltd7,00025,2048,5104,568
    Angel One Ltd.2,58923,4423,5031,941
    Geojit Financial Services73.32,04615960.7
    SMC Global Securities Ltd.1421,49016999
    5Paisa Capital Ltd.3841,199607311
    Arihant Capital Markets Ltd.99.21,03312556.3
    Emkay Global Financial Services Ltd.240611370162
    Indbank Merchant Banking Services Ltd.3314654.423.5
    (Data as of 1 August 2025)

    Read Also: Top Leverage Trading Brokers in India

    Overview of the Listed Broking Companies in India

    A brief overview of the best stock broking companies in India is given below:

    1. Aditya Birla Capital Ltd

    Aditya Birla Capital is a large and diversified financial group, which offers life insurance, health insurance, asset management and loan services along with stock broking services. Its broking services are offered through its subsidiary named Aditya Birla Money. Strong brand name and multi-segment presence make it a diversified financial services company. 

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    11.58%136.20%378.29%
    (Data as of 1 August 2025)

    2. Motilal Oswal Financial Services Ltd

    Motilal Oswal Financial Services Ltd needs no introduction in the world of investment. For years, this company has been providing services not only in stock broking but also research, mutual funds and wealth management. Its biggest strength is the in-depth research and the way it understands the needs of every client. Motilal Oswal is a strong option for those who take investment seriously and want to invest with a long-term perspective.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    40.10%379.09%437.94%
    (Data as of 1 August 2025)

    3. Nuvama Wealth Management Ltd

    Formerly known as Edelweiss Broking, Nuvama Wealt Management Ltd is a key player in the stock broking and wealth management industry. The company focuses on high net worth clients and the private wealth segment. Apart from this, it also provides services like research, investment banking and asset advisory. After rebranding, Nuvama has further strengthened its digital presence and has an easy to use mobile application. 

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    10.02%153.65%154.75%
    (Data as of 1 August 2025)

    4. Angel One Ltd

    Angel One is one of the few brokerage companies that has successfully transitioned from being a full-service broker to becoming a well-known discount broker. Its app is very easy to use, which is why millions of new investors prefer it. Apart from stock broking services, it also provides research reports, portfolio tracking and other tools. Its presence has increased in cities as well as small towns. Angel One has become a trusted name for those who are looking to begin their investment journey at low cost.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    19.83%88.37%845.05%
    (Data as of 1 August 2025)

    5. Geojit Financial Services Ltd

    Geojit Financial Services Ltd is a trusted name in the stock broking industry and has a very strong hold especially in South India. This company not only provides trading platforms but also offers mutual funds, insurance and wealth management. Its clients include a large number of retail investors and NRIs. Geojit’s specialty is its customer service and advisory support to investors. The company is constantly improving its digital infrastructure, increasing both its reach and ensuring customer satisfaction.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    -27.03%59.43%132.31%
    (Data as of 1 August 2025)

    6. SMC Global Securities Ltd

    SMC Global Securities is a diversified financial services company established in 1990 in New Delhi, India. Founded by Subhash C. Aggarwal and Mahesh C. Gupta, SMC offers comprehensive financial services including brokerage across equities, derivatives, commodities and currency; investment banking; wealth management; insurance broking; NBFC financing; and research services through its extensive network of over 95 branches across 550 cities serving more than 1.9 million clients.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    -6.36%61.75%56.59%
    (Data as of 1 August 2025)

    7. 5Paisa Capital Ltd

    5Paisa Capital Ltd is made for those who want to invest on their own at a low cost. Its platform is simple and designed keeping the beginner investor in mind. Opening a demat account and trading from your mobile without visiting a branch is as easy. Its fees are also very low, which attracts new traders a lot. If you want to invest digitally without much hassle, then 5Paisa can be a good option.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    -22.34%37.60%17.82%
    (Data as of 1 August 2025)

    8. Arihant Capital Markets Ltd

    Arihant Capital Markets Ltd Capital is a stock broking company active in many parts of the country, especially in small towns. This company also provides broking services in equity, currency, commodity and other wealth management services. Arihant’s focus has been on customer-centric approach and affordable fee structure. Its app and online platform are getting good response among the users. Stable growth and strong customer support makes it an emerging option.

    Know the Returns: 

    1Y Return3Y Return 5Y Return 
    26.60%32.21%279.85%
    (Data as of 1 August 2025)

    9. Emkay Global Financial Services Ltd

    Emkay Global Financial Services Ltd is a research-driven broking firm that focuses exclusively on institutional and high value clients. This company has a strong presence in equity research, broking, investment banking and advisory services. Emkay is known for its in-depth research reports and client-centric approach. Its services are generally considered suitable for professional and serious investors who want to make data-driven decisions.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    24.64%227.81%455.22%
    (Data as of 1 August 2025)

    10. Indbank Merchant Banking Services Ltd

    Indbank Merchant Banking Services Ltd is a public sector company and a subsidiary of Indian Bank. Its platforms offer online trading, stock broking as well as depository and advisory services. This company is considered a stable and reliable option among low-risk investors seeking to invest in the government backed company.

    Know the Returns: 

    1Y Return3Y Return5Y Return 
    -39.76%63.01%407.85%
    (Data as of 1 August 2025)

    Key Performance Indicators (KPIs)

    CompanyOperating Margin (%)Net Profit Margin (%)ROE (%)ROCE (%)Debt to Equity
    Aditya Birla Capital Ltd.34.787.3710.9610.694.59
    Motilal Oswal Financial Services54.2530.0722.5820.381.33
    Nuvama Wealth Management Ltd51.2923.5128.2557.042.25
    Angel One Ltd.36.0122.3720.8532.790.60
    Geojit Financial Services34.1122.3214.4620.140.10
    SMC Global Securities Ltd.22.468.2611.9627.291.36
    5Paisa Capital Ltd.31.9818.9711.3018.600.36
    Arihant Capital Markets Ltd.36.6722.4415.2622.900.25
    Emkay Global Financial Services Ltd.20.1316.9318.7416.670.19
    Indbank Merchant Banking Services Ltd.43.4031.609.2312.670.00
    (Data as of March 2025)

    Read Also: 10 Best Fintech Stocks in India

    Factors to be Considered Before Investing in Stock Broking Stocks 

    Various factors to be considered before investing in stock broking stocks are given below:

    • Stability of client base and growth : The real strength of a brokerage company lies in its active users. If the company is constantly adding new clients and retaining existing users, then it is a sign that its business model is strong and reliable.
    • How diversified are the revenue sources : Companies that depend only on brokerage charges for revenues may be at risk. A company that is earning from offering many services like mutual fund distribution, advisory, margin trading facilities and wealth management services are considered better.
    • Innovation and upgradation in technology : In today’s era, user-friendly apps, fast execution and reliable mobile apps are the keys to growth. Companies that continuously invest in technology can perform better in the long run.
    • Ability to adapt to regulatory changes : SEBI regulations such as margin rules or brokerage capping affect the business of companies. The best company is the one that adopts changes quickly.
    • Fundamental Analysis: If the stock of a company is already overvalued, then caution is necessary. Check the performance, returns and valuation metrics of the last few years to avoid overvalued stocks.
    • Transparency of management and credibility of leadership : Strong management is the foundation of a company. When the leadership comprises honest and capable professionals, investor confidence in the company naturally grows.

    Conclusion

    Investing in broking companies can offer significant growth opportunities, provided the decision is made after evaluating the right parameters. Factors like customer base growth, technology adoption, regulatory compliance and management quality determine the success of the company in this segment. If you believe in long-term growth of the Indian financial markets, then these stocks can play a strong role in your portfolio. However, it is advised to consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1List Of Best Healthcare Stocks in India
    2List of Best Telecom Stocks in India
    3List Of Best Footwear Stocks in India
    4List Of Best Logistics Stocks in India
    5List of Best Liquor Stocks in India

    Frequently Asked Questions (FAQs)

    1. Are broking company stocks safe for long-term investment?

      If a broking company demonstrates stable growth, stays ahead in technology, and effectively manages regulatory risks, its stocks can be a good choice for long-term investment.

    2. How do broking firms make money?

      These companies earn from services like broking, mutual fund distribution, research services and margin funding.

    3. Should beginners invest in stock broking sector stocks?

      If you understand the sector and are not afraid of volatility, then these companies can be a good investment option. It is advised to consult a financial advisor before investing.

    4. Which factors affect the performance of stock broking companies?

      Factors like market volatility, regulatory policy, technology adoption and growth of client base directly affect their performance.

    5. What are the risks involved in investing in stock broking company stocks?

      Adverse regulatory changes, technological disruption, decline in customer base due to increased competition can directly impact the earnings of these companies.


  • Sri Lotus Developers and Realty IPO Allotment Status: Check Latest GMP, Steps to Verify Status

    Sri Lotus Developers and Realty IPO Allotment Status: Check Latest GMP, Steps to Verify Status

    Sri Lotus Developers IPO has closed for subscription today, 1 August 2025. The issue of ₹792 crore, entirely of a fresh issue of 5.28 crore shares. Its price band has been fixed at ₹140 to ₹150 per share and the listing is expected to happen on BSE and NSE on 6 August 2025.

    Sri Lotus Developers IPO Day 3 Subscription Status

    Sri Lotus Developers IPO has received an overall subscription of 74.10 times. As of 5:00 pm on August 1, 2025 (Day 3), the retail category has been subscribed 21.77 times, QIB 175.61 times, and NII 61.82 times. This means that this IPO has received an overwhelming response from all investor segments.

    Investor CategorySubscription (x)
    Qualified Institutional Buyers (QIB)175.61
    Non-Institutional Investors (NII)61.82
    bNII (above ₹10 lakh)59.13
    sNII (less than ₹10 lakh)67.22
    Retail Individual Investors (RII)21.77
    Employee Quota21.37
    Total Subscriptions74.10

    Total Applications: 34,79,062

    How to Check Sri Lotus Developers & Realty Limited IPO Allotment Status

    Sri Lotus Developers & Realty Limited IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

    Method 1: Registrar’s website (Kfin Technologies Limited.)

    The most reliable way is to check allotment from the Kfin Technologies Limited website.

    How to do:

    • Visit Kfin Technologies official website
    • Select “Sri Lotus Developers & Realty Limited Ltd.” from the IPO list
    • Enter your details PAN number, Application number, or DP/Client ID
    • Click on Submit
    • You will see the allotment status on the screen.

    Method 2: Check from BSE or NSE’s website

    If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

    How to do:

    • Visit BSE or NSE’s official website
    • Select ‘Equity’ segment
    • Select “Sri Lotus Developers & Realty Limited Ltd.” from the IPO list
    • Enter PAN number and Application number
    • Click on Search

    Read Also: Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status & Key Highlights

    Objective of the Sri Lotus Developers IPO

    The funds raised from Sri Lotus Developers IPO will be used by the company to meet the construction costs of ongoing projects of subsidiary companies and general corporate needs.

    Use of IPO ProceedsAmount (₹ Cr)
    Investments in subsidiary companies Richfeel Real Estate Pvt. Ltd., Dhyan Projects Pvt. Ltd., and Tryksha Real Estate Pvt. Ltd. to partially fund the development and construction costs of their ongoing projects Amalfi, The Arcadian, and Varun550.00
    General corporate purposes–

    Sri Lotus Developers IPO GMP – Day 3 Update

    The last Grey Market Premium of Sri Lotus Developers IPO was recorded at ₹38, updated at 4:34 PM on August 1, 2025. Considering the price band of ₹150, the estimated listing price works out to be ₹188 (Cap Price + Today’s GMP). This means that the estimated listing gain per share is around 25.33%.

    DateGMPEst. Listing Price Gain (%)
    1 Aug 2025 (DAY-3)₹38₹18825.33%

    Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

    Sri Lotus Developers IPO – Key Details

    ParticularsDetails
    IPO Opening DateJuly 30, 2025
    IPO Closing DateAugust 1, 2025
    Issue Price Band₹140 to ₹150 per share
    Total Issue Size5,28,00,000 shares(aggregating up to ₹792.00 Cr)
    Listing PlatformBSE, NSE
    RegistrarKfin Technologies Limited
    Sri Lotus Developers IPO DRHPClick Here

    Important Dates for Sri Lotus Developers IPO Allotment

    EventDate
    Tentative AllotmentAug 4, 2025
    Refunds InitiationAug 5, 2025
    Credit of Shares to DematAug 5, 2025
    Listing DateAug 6, 2025

    Read Also: Sri Lotus Developers & Realty IPO Day 1: GMP & Subscription Status

    Sri Lotus Developers Overview

    Sri Lotus Developers & Realty Limited was founded in February 2015 and is a leading real estate company in Mumbai, specializing in the redevelopment of ultra-luxury and luxury residential projects in the Western Suburbs. As of June 30, 2025, the company has a total developable area of 0.93 million square feet, which includes both residential and commercial properties. The company’s main focus is on the construction of 2BHK and 3BHK flats (₹3-7 crores) and 3BHK to 4+ BHK penthouses (₹7 crores and above) in the high-end segment. Along with this, the company is also active in the development of premium commercial office spaces. So far, the company has completed 4 projects, 5 projects are in progress and 11 new projects are in the pipeline. Features such as strong brand value, ability to sell at premium prices, asset-light business model and timely project delivery make it a reliable real estate company. The company’s leadership team is equipped with experienced promoters and management professionals.

    Frequently Asked Questions (FAQs)

    1. What is the opening and closing date of Sri Lotus Developers IPO?

      Sri Lotus Developers IPO is open on 30th July 2025 and will close on 1st August 2025.

    2. What is the price band of Sri Lotus Developers IPO?

      Its price band is fixed from ₹140 to ₹150 per share.

    3. What is the GMP (Grey Market Premium) of Sri Lotus Developers IPO today?

      The GMP on 1 Aug 2025 is ₹38, which leads to a possible listing price of ₹188.

    4. When will the allotment and listing of Sri Lotus Developers IPO happen?

      Allotment of shares will be done on 4 August 2025 and listing of shares will take place on 6 August 2025 on BSE and NSE.

    5. Is there an Offer for Sale (OFS) in Sri Lotus Developers IPO?

      No, this IPO is a completely fresh issue.

  • M And B Engineering Limited IPO Allotment Status: Check GMP, Subscription Status

    M And B Engineering Limited IPO Allotment Status: Check GMP, Subscription Status

    The size of M&B Engineering IPO is ₹650 crore, which includes a fresh issue of ₹275 crore and an OFS of ₹375 crore. The issue will remain open from July 30 to August 1, 2025. The price band has been fixed at ₹366-₹385 per share. Its listing is expected on BSE and NSE on August 6. 

    M&B Engineering IPO Day 3 Subscription Status

    M&B Engineering IPO has got tremendous response from investors. The overall subscription of the IPO has now reached 38.11 times. Retail investors have subscribed 34.36 times, QIB 38.63 times, and NII investors 40.22 times. Employees category has also been subscribed 8.59 times.

    Investor CategorySubscription (x)
    Qualified Institutional Buyers (QIB)38.63
    Non-Institutional Investors (NII)40.22
    bNII (above ₹10 lakh)39.68
    sNII (less than ₹10 lakh)41.31
    Retail Individual Investors (RII)34.36
    Employee Quota8.59
    Total 38.11

    Total Applications: 14,22,694

    How to Check M&B Engineering IPO Allotment Status

    M&B Engineering IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

    Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

    The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

    How to do:

    • Visit MUFG Intime’s official website
    • Select “M&B Engineering Ltd.” from the IPO list
    • Enter your details PAN number, Application number, or DP/Client ID
    • Click on Submit
    • You will see the allotment status on the screen.

    Method 2: Check from BSE or NSE’s website

    If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

    How to do:

    • Visit BSE or NSE’s official website
    • Select ‘Equity’ segment
    • Select “M&B Engineering Ltd.” from the IPO list
    • Enter PAN number and Application number
    • Click on Search

    Objective of the M&B Engineering IPO

    M&B Engineering Company will use the funds raised from this IPO to expand its business and strengthen its finances. The company will invest these funds in important areas such as purchase of machinery, solar grid setup, loan repayment and IT upgradation.

    Use of IPO ProceedsAmount (₹ Cr)
    Procurement of machinery, equipment, building works, solar rooftop grids and transport vehicles for manufacturing facilities130.58
    Investment in IT software upgradation by the company5.20
    Partial or full repayment / prepayment of certain term loans taken by the company58.75
    Use for general corporate needs–

    M&B Engineering IPO GMP – Day 3 Update

    The grey market premium (GMP) of M&B Engineering IPO today is ₹51, updated as of 3:30 PM on 1 August 2025. The price band of the IPO is ₹385, and the estimated listing price based on today’s GMP could be ₹436, giving a potential return of around 13.25% per share.

    DateGMPEst. Listing Price Gain (%)
    1 August 2025 (DAY-3)₹51₹43613.25%

    Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

    M&B Engineering IPO – Key Details

    ParticularsDetails
    IPO Opening DateJuly 30, 2025
    IPO Closing DateAugust 1, 2025
    Issue Price Band₹366 to ₹385 per share
    Total Issue Size1,68,83,116 shares(aggregating up to ₹650.00 Cr)
    Listing PlatformBSE, NSE
    RegistrarMUFG Intime India Private Limited
    M&B Engineering IPO DRHPClick Here
    M&B Engineering IPO RHPClick Here

    Important Dates for M&B Engineering IPO Allotment

    EventDate
    Tentative AllotmentAug 4, 2025
    Refunds InitiationAug 5, 2025
    Credit of Shares to DematAug 5, 2025
    Listing Date Aug 6, 2025

    M&B Engineering Overview

    M&B Engineering Limited was established in 1981 and since then, it has been engaged in the field of Pre-Engineered Buildings (PEBs) and Self-Supported Roofing Solutions. The company offers a complete design to installation solution to produce strong and durable steel structures.It has two manufacturing plants located at Sanand in Gujarat and Cheyyar in Tamil Nadu with a total production capacity of 1.03 lakh MTPA. The Phenix division specializes in PEB manufacturing, while the Proflex division manufactures roofing on site using mobile units. The company has completed over 9,500 projects so far.M&B Engineering has clients from various sectors such as textiles, manufacturing, food, power and railways. The company exports its products to over 22 countries. Its order book stands at over ₹842 crore as of June 2025, reflecting its strong market position.

    Frequently Asked Questions (FAQs)

    1. What is the opening and closing date of M&B Engineering IPO?

      M&B Engineering IPO is open on 30th July 2025 and will close on 1st August 2025.

    2. What is the price band of M&B Engineering IPO?

      Its price band is fixed from ₹366 to ₹385 per share.

    3. What is the GMP (Grey Market Premium) of M&B Engineering IPO today?

      The GMP on 1 Aug 2025 is ₹51, which leads to a possible listing price of ₹436.

    4. What is the total issue size of M&B Engineering IPO?

      The total issue size of the IPO is ₹650 crore, which includes a fresh issue of ₹275 crore and an offer for sale of ₹375 crore.

    5. What is the expected listing date of M&B Engineering?

      This IPO will get listed on BSE and NSE on August 6, 2025.

  • NSDL IPO Allotment Status: Check Latest GMP, Steps to Verify Status

    NSDL IPO Allotment Status: Check Latest GMP, Steps to Verify Status

    National Securities Depository Limited (NSDL)’s ₹4,011.60 crore IPO was open from July 30 to August 1, 2025. It was a fully OFS of 5.01 crore shares. The price band has been fixed at ₹760–₹800 and the listing will take place on BSE on August 6. 

    NDSL IPO Day 3 Subscription Status

    The NSDL IPO has been subscribed a total of 41.02 times as of 1 August 2025. It has been subscribed 7.76 times by retail investors, 103.97 times in the QIB category and 34.98 times in the NII category. These figures are till August 1, 2025, 5:04 pm (Day 3).

    Investor CategorySubscription (x)
    Anchor Investors1.00
    Qualified Institutional Buyers (QIB)103.97
    Non-Institutional Investors (NII)34.98
    bNII (above ₹10 lakh)37.73
    sNII (less than ₹10 lakh)29.47
    Retail Individual Investors (RII)7.76
    Employee Quota15.39
    Total Subscriptions41.02

    Total Application : 51,99,261

    How to Check NDSL IPO Allotment Status

    NDSL IPO allotment can be easily checked online in two ways: Registrar’s website and BSE’s website. Note, this IPO will be listed only on the BSE platform so it is not possible to check on NSE.

    Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

    The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

    How to do:

    • Visit MUFG Intime’s official website
    • Select “National Securities Depository Limited.” from the IPO list
    • Enter your details PAN number, Application number, or DP/Client ID
    • Click on Submit
    • You will see the allotment status on the screen.

    Method 2: Check from BSE Website

    If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

    How to do:

    • Visit BSE  official website
    • Select ‘Equity’ segment
    • Select “National Securities Depository Limited.” from the IPO list
    • Enter PAN number or Application number
    • Click on Search

    Read Also: National Securitie Depository Limited IPO Day 2 : Check GMP & Subscription Status

    Objective of the NDSL IPO

    The main objective of the NSDL IPO is to list the company’s equity shares on the BSE. Since this is purely an offer for sale, the amount raised from this will not go to the company, but to the investors selling the shares.

    NDSL IPO GMP – Day 3 Update

    The latest grey market premium of NSDL IPO today is ₹135, updated at 5:00 pm on August 1, 2025. Considering the upper limit of the price band of ₹800, the estimated listing price of this IPO works out to be ₹935. This means that investors can get a potential listing gain of 16.88%.

    DateGMPEst. Listing Price Gain (%)
    1 Aug 2025 (DAY-3)₹135₹93516.88%

    Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

    NDSL IPO – Key Details

    ParticularsDetails
    IPO Opening DateJuly 30, 2025
    IPO Closing DateAugust 1, 2025
    Issue Price Band₹760 to ₹800 per share
    Total Issue Size5,01,45,001 shares(aggregating up to ₹4,011.60 Cr)
    Listing PlatformBSE
    RegistrarMUFG Intime India Private Limited
    NDSL IPO DRHPClick Here
    NDSL IPO RHPClick Here

    Important Dates for NDSL IPO Allotment

    EventDate
    Tentative AllotmentAug 4, 2025
    Refunds InitiationAug 5, 2025
    Credit of Shares to DematAug 5, 2025
    Listing Date on BSE Aug 6, 2025

    NDSL Overview

    National Securities Depository Limited (NSDL) is one of the oldest and most trusted depository companies in India. Established in 2012, the company operates as a SEBI registered Market Infrastructure Institution (MII). Its main function is to facilitate the holding and transfer of shares and other securities in electronic form. Through NSDL, investors get services like trade settlement, pledging, off-market transfer and corporate actions in demat accounts. Also, features like e-voting, Consolidated Account Statement (CAS) and Non-Disposal Undertaking (NDU) are also available.

    NDSL has two major subsidiaries

    • NDML, which handles projects such as e-governance, KYC and National Skills Registry, and
    • NSDL Payments Bank, which provides digital payments and micro-banking services.

    As of March 2025, NSDL has more than 3.94 crore active demat accounts. This company has reached more than 99% of pin codes across India and 186 countries. Its biggest strength is strong technology, secure systems and experienced leadership.

    Read Also: National Securities Depository Limited IPO Day 1: Check GMP, Subscription Status

    Frequently Asked Questions (FAQs)

    1. What is the opening and closing date of the NDSL IPO?

      NDSL IPO is open on 30th July 2025 and will close on 1 August 2025.

    2. What is the price band of the NDSL IPO?

      Its price band is fixed from ₹760 to ₹800 per share.

    3. What is the GMP (Grey Market Premium) of the NDSL IPO today?

      The GMP on 1 August 2025 is ₹135, which leads to a possible listing price of ₹935.

    4. What is the total issue size of the NSDL IPO?

      The total issue size is ₹4,011.60 crore, which is entirely an Offer For Sale (OFS).

    5. What is the expected listing date of NDSL?

      This IPO will be listed on BSE on August 6, 2025.

  • Raksha Bandhan 2025: Best Financial Gifts for Sister

    Raksha Bandhan 2025: Best Financial Gifts for Sister

    In Hindu tradition, Rakshabandhan is more than just a festival or a symbolic thread of protection, it represents an unsaid commitment to safeguard your sister. In the same way, you can protect her financial future by giving financial gifts instead of material ones, as financial assets usually appreciate in value, helping her secure her future and achieve her dreams.

    In this blog, we will give you an overview of the best financial gifts for your sister, which you can give to her this Rakshabandhan.

    What is a Financial Gift?

    A financial gift is a transfer of property, money, or assets to another person without expecting anything in return. It is a way to give valuable assets to your close ones. The financial gifts include cash, fixed deposits, mutual funds, stocks, etc. The main objective of these gifts is to help your close ones in building long-term wealth and encourage financial discipline. 

    Importance of Financial Gift

    The key benefits of a financial gift are as follows:

    1. Financial Security: A monetary gift can help an individual build a strong foundation for creating long-term wealth. 
    2. Encourage Discipline: Gifting mutual funds and fixed deposits can encourage financial discipline. 
    3. Wealth Creation: Financial gifts can help an individual build long-term wealth while reducing the tendency to spend the amount immediately.
    4. Financial Goals: Financial gifts can be given for achieving specific financial goals such as marriage, education, house purchase, etc.
    5. Tax Efficiency: Gifts given to close ones, such as siblings, parents or children, are exempted from tax in India.

    Best Financial Gifts for Sister 2025

    The list of the best financial gifts for a sister is as follows:

    1. Mutual Funds

    Mutual funds are financial assets which can help a person create wealth in the long run. There are various options through which one can gift mutual funds to their sister, such as in the form of a lump sum investment or SIP. It is best to save based on specific goals such as education, marriage, etc. Mutual funds are professionally managed funds that offer diversification, helping to reduce risk. One can start a SIP for her and help her learn the importance of financial discipline over time. However, you also invest a lump sum amount in the mutual fund and gift it to her.

    2. Stocks

    It is important to introduce your sister to the world of the stock market so that she can understand the benefit of compounding at an early stage. You can give her shares of fundamentally strong companies so that the value of her equity portfolio increases over time. You can transfer shares from your demat account to her demat account directly. However, she will have to pay capital gain tax whenever she sells the shares. It is advisable to conduct thorough research before choosing any stock for investment.

    3. Digital Gold

    Gold has always been considered a traditional investment option and a safe haven. Earlier, people used to give gold jewellery to their sisters, but owning physical jewellery carries certain risks, such as storage cost, wear and tear, etc. Hence, digital gold in the form of gold mutual funds, gold ETFs, and Sovereign Gold Bonds can be a better option to gift your sister. You can purchase digital gold in her name and gift it to her.

    4. Fixed Deposit

    Investment in fixed deposits is low risk and has assured returns. Therefore, fixed deposits can be a suitable gift option for your sister if you are looking for stable returns. Returns on fixed deposits may not be inflation-beating but they can be used as an emergency fund or for short-term financial goals. You can easily open a fixed deposit in her name and give the fixed deposit receipt to her, and on maturity, she can visit the bank and get it encashed.

    5. Sukanya Samriddhi Yojana

    It is a government scheme in which you can open a Sukanya Samriddhi account in the name of your sister who is below 10 years of age. Investment in the Sukanya Samriddhi Yojana comes with a lock-in period, which lasts 21 years from the date of opening of the account or gets married after attaining 18 years of age. These are backed by the government, hence carry the lowest risk. Sukanya Samriddhi Yojana cannot be gifted directly unless you are a guardian.

    6. Gift Cards

    A perfect balance between thoughtfulness and freedom, letting your sister decide what she loves most. Various online retailers offer gift cards. You can purchase the gift card from them and gift it to your sister on Rakshabandhan.

    7. Cash

    It is the most convenient financial gift which one can give to their sister on Rakshabandhan. Unlike other financial gifts that are meant for long term financial goals, cash can be used anytime by your sister.

    Tax Implications of a Gift

    All the above-mentioned gifts, if gifted to your sister, are considered tax-free. No tax is payable by your sister. However, the interest or capital gain earned on these financial gifts are subject to taxation as per the applicable capital gain tax rate or as per her income tax slab. And if your sister is a minor, the income on these financial assets may be clubbed with the parents’ or guardian’s income.

    Conclusion

    On a concluding note, gifting financial assets to your sister on the auspicious occasion of Rakshabandhan is a smart choice. The financial gifts can help your sister achieve her financial goals. The Income Tax Act also allows tax-free gifting to your siblings, hence making it one of the most efficient ways to create wealth. The value of material gifts decreases over time, but the value of financial assets increases. Therefore, consider gifting financial assets to your sister but only after consulting your investment advisor to ensure they align with her risk profile and investment objectives.

    Frequently Asked Questions (FAQs)

    1. What is the applicable tax rate on giving financial gifts to my sister?

      There is no tax payable by you or by your sister on the gift given to her. However, the income generated by the financial assets is taxable as per the applicable tax laws.

    2. Is there any limit on the amount that is tax-free when gifting to a sister?

      No, there is no limit. Gifts given to your sister are fully exempt from tax under the Income Tax Act.

    3. How can I gift stocks to my sister?

      First, you need to open a demat account for your sister, and then you can choose the stock from your demat account and gift it directly to your sister. It will be debited from your demat account and credited to her demat account.

    4. Is a gift deed required for financial gifts given to a sister?

      No, it is not mandatory to prepare a deed while gifting a financial asset to your sister. However, it is advisable to create one for high-value gifts to avoid any future inconvenience.

    5. Is the income generated from the gifts given to the sister taxable?

      Yes, income generated from the financial gifts given to your sister is taxable.

  • Best UPI Apps in India 2025

    Best UPI Apps in India 2025

    Anyone who has ever scrambled to find spare change in a crowded market knows how frustrating and time-consuming cash payments can be. That’s where UPI apps come in to save the day as they let you send money with just a few taps. 

    This blog will introduce you to some of the most popular UPI apps in India, helping you choose the one that fits your needs best. With so many options available, each with its own unique features, strengths, and drawbacks, understanding the pros and cons of each app will make it easier for you to make the right choice.

    What is UPI?

    Unified Payments Interface, or UPI for short, is an instant money transfer system built by The National Payments Corporation of India in 2016. With UPI, money moves straight from one bank account to another, with just the help of a smartphone almost like a text message traveling with cash inside. This system enables high speed digital financial transactions.  

    Since the launch, UPI has transformed the way we think about payments. In 2022, close to half the world’s instant transactions passed through Indian phones. India literally tapped its way through 18.68 billion UPI payments in May 2025, moving a jaw-dropping ₹25.14 trillion before the month even ran out. If the current trend holds, UPI could claim nearly 90% of every retail digital rupee spent by the end of 2026-2027. This rising growth is also fueling a boom in the wider digital wallet scene, where UPI sets the pace. Meanwhile, the Reserve Bank of India keeps a watchful eye, adding a layer of regulatory oversight and increasing trust among the users.

    UPI : A Simple Breakdown

    Sending cash through a UPI app is all about smart tech and user friendly technology doing its job behind the curtain. Digital IDs, mobile networks, and a high tech savvy system together enable instant payments that barely gets noticed. Encryption wraps around the data like a security blanket, keeping prying eyes out until your phone beeps to confirm the transfer.

    Every transaction begins and ends with the Virtual Payment Address (VPA) also known as UPI ID. This is a unique ID of the user’s bank account and using this unique ID helps in securing the other sensitive information like the IFSC code or full bank account details as the odds of important financial information leaking out during a money transfer drop sharply. 

    To authorise a transaction the app asks for a UPI PIN. This is a secret 4 or 6 digit code which is similar to an ATM PIN. This PIN adds a security layer to the transaction, with two-factor-authentication process safeguarding the transaction till the last step, keeping fraudsters locked outside the vault. 

    The NPCI manages the entire UPI ecosystem, making it an easy to use, smooth and secure way of transaction with integration of all banks and payments applications.

    UPI payment methods fall into two categories :

    • Push Payments: You decide to send cash, either by typing in a virtual payment address (VPA) or by scanning a QR code that someone hands you. Once you hit send and enter your PIN, the money is sent to the other person’s account almost instantly. 
    • Pull Payments: A shop owner or a friend can ping you with a money request. If you agree, you approve the request with your PIN, and the funds are sent from your account to fulfill these requests. 

    UPI allows a single app to add and transfer funds to several bank accounts, this means you can switch to pay to different users, giving you flexibility and convenience to manage your finances by using one interface. 

    Top UPI Apps in India 

    AppKey FeaturesUnique Selling PointBest For (User Type)
    PhonePeUser-friendly interface, multi-language, bill payments, recharges, QR scan, investments (MFs, Gold, NPS), insurance, loans, PhonePe Switch Comprehensive “Super App” with wide merchant networkAll-round users seeking diverse financial services
    Google PayMinimalist design, NFC tap-to-pay, bill payments, recharges, expense tracking, voice transactions, tokenization security, loans via partners Simplicity, strong security, Google ecosystem integrationSecurity-conscious users, those preferring a clean interface
    PaytmUPI payments, autopay, QR payments, ticket booking, Paytm Money (stocks, MFs), insurance, loans, Paytm Mall Extensive ecosystem, privacy features, wallet integrationUsers who are comfortable using the Paytm ecosystem.
    BHIMGovt. backed, multi-language, low connectivity optimization, Family Mode, Spend Analytics, UPI Lite, RuPay Credit Card on UPI, Split Expenses NPCI’s official app, focus on inclusion & accessibilityUsers preferring a government-backed app, basic UPI needs
    FreechargeQR scan, UPI Lite, Credit Line on UPI, Aadhaar OTP for PIN set, personal loans, Digital Gold, Axis Bank backing Leverages recharge base, Axis Bank trust, credit lineExisting Freecharge users, those seeking UPI with credit line
    MobiKwikPocket UPI (wallet-based UPI), budget digital spends, clutter-free bank statements, one-tap payments, bill payments, recharges Wallet-centric UPI, helps manage digital spending poolUsers preferring wallet-based UPI, budget-conscious users
    CREDRewards for credit card bills (CRED Coins), CRED UPI (link credit cards), CRED Pay, personal loans (CRED Cash), P2P lending (CRED Mint) Rewards for creditworthy users; enables credit usage via UPI.Affluent credit card users, those wanting to use credit via UPI

    Overview of Top UPI Apps in India

    An overview of the top UPI apps in India is given below:

    1. PhonePe

    Launched in 2016, it carries about 600 million users and handled nearly half of the nation’s transactions as of March 2025. The app ticks off more than 330 million payments a day, adding up to over ₹150 lakh crore in a year.
    PhonePe aims to be a one-stop shop. You can pay bills, recharge your phone, and even jump to other apps such as shopping, food, travel, etc. from the PhonePe app through a feature called PhonePe Switch. Every feature sits behind tight security, with tools like Security shield watching for suspicious activity. Frequent users also rack up cashback and discount rewards, adding a nice bonus to everyday payments.

    2. Google Pay

    It first showed up in India as Tez before its rebranding for a wider audience. The app now handles a hefty chunk of UPI traffic, roughly 35 to 37% of the market share. Using the app feels nearly effortless due to its clean, minimalist design and robust security. Biometric locks and Google Play Protect offer an enhanced level of security for the users. NFC (near field communication) in GooglePay offers users tap-to-pay, bill payments and voice generated transactions. The app has now expanded to lend personal loans and ticket booking via partnerships. For rewarding the users it uses reward based scratch cards and vouchers for transactions done. 

    3. Paytm

    It began as a mobile wallet but has now emerged as a one-stop digital payment app with a total market share of about 10% to 15%. Paytm combines its wallet with UPI services. Paytm has features like QR payments, ticket bookings, personalized UPI IDs like name@pytes, which helps in ensuring the privacy of your mobile numbers. Safety is maintained by UPI PIN verification and two-factor authentication.
    Paytm ecosystem includes Paytm Money for investment, Paytm Mall for e-commerce, also it has various services like mutual funds, loans, and even credit cards. Cashback coupons and promo are available round the corner for its wider range of services.

    Read Also: Paytm Case Study

    4. BHIM

    Bharat Interface for Money or BHIM is NPCI’s official UPI app designed for promoting financial inclusion and digital payments in India. It has a multilingual option with over 15 languages inbuilt and is highly optimised for low connectivity areas. Key features of BHIM include “Spend analytics” feature allowing users to track their personal expenses, UPI Lite for small amount transactions without the requirement of PIN. Also it is built to link your credit cards (generally RuPay cards)  for hassle free credit card payments. 

    BHIM is a government supported initiative which serves as the backbone of the UPI ecosystem in India. The main aim is to provide simple, secure and effortless digital payments. 

    5. Freecharge

    It began as a simple prepaid top-up platform and now serves a customer base of 100 million people. Today the app functions as any other UPI application, meaning you can easily send money from your phone in seconds. Freecharge also offers UPI Lite, which lets you pay small amounts even when the connectivity is low, the app also consists of a Credit Line on UPI feature, making merchant payments easier. 

    The app is supported by Axis Bank and allows you to securely set up your UPI PIN via Aadhaar OTP. Freecharge provides various options for the app users like personal loan, co-branded credit card, or even buy Digital Gold. 

    6. MobiKwik

    It is a “Pocket UPI” app that lets you pay from your wallet balance rather than directly linking your bank account. This allows you to put money directly into your wallet where you can easily monitor your daily expenses. 

    With Pocket UPI, you can transfer as much as Rs.2,00,000 into your MobiKwik wallet with a daily limit of Rs.1,00,000, making it easier for users to scan a QR and pay instantly. Mobikwik securely detaches your bank account with its secure wallet so that risk of frauds could be evaded. It provides additional services like utility bills, travel booking, recharge etc. 

    Read Also: One MobiKwik Systems Case Study

    7. CRED

    It is for premium class users that have a high credit score, it rewards the credit card payments with “CRED Coin”. CRED UPI helps in linking the users credit cards (especially Rupay) for making UPI payments from one’s credit card directly. CRED also offers “CRED Cash” which allows instant personal loan facility, “CRED Mint” where peers can lend money among themselves.  

    It is a holistic app that combines UPI and credit card services. Biometric locks and PIN shields your personal data, keeping it secure during transactions. 

    Read Also: CRED Case Study

    Advantages Of UPI

    Advantages of using UPI to make payments are listed below:

    • Lightning-Fast Payments : The most unique feature of UPI is the instant one click payment helping users with speedy transactions. The money transferred instantly appears in the receiver’s wallet or bank account. 
    • 24×7 : UPI has no time restrictions as you can pay anytime, may it be a holiday or non banking hours, as via UPI one has the leverage of making payments 24×7, 7 days a week as compared to primitive money transfer options like NEFT or RTGS.
    • Super Convenient : UPI apps run smoothly on your smartphone, which means paying for chai, booking a movie ticket, or splitting dinner with classmates can be done in seconds. 
    • Top-Notch Security : People worry about money, and UPI addresses this concern. Every payment is authenticated with UPI PIN before money is sent.
    • No Need to Share Personal Information : Sharing your bank account details can feel risky. With UPI you simply use your VPA ID or even your mobile number to receive money.  
    • Mostly Free (for Users) : Most of the time, sending cash via UPI costs you nothing, which is a nice perk for students living on pocket money. Most people who send money directly from one bank to another using UPI find the transfer costs zero, but merchants may incur some fees associated for certain types of transactions.  
    • One App, Many Accounts : Switching from one banking app to another for payments might feel irritating sometimes, with most UPI wallets you can stack several accounts into one screen and pick your desired bank for different kinds of payments.
    • Accepted Almost Everywhere : UPI apps have widely grown across the country making it acceptable by everyone, by just scanning the QR code bills or purchases can be dealt instantly even if you are at a chai stall or buying a gadget from an electronics shop.

    Read Also: Fake Payment Screenshot Scam: How to Identify and Avoid It

    Understanding UPI Limits

    Various limits concerning UPI are mentioned below:

    1. General Daily Limit

    If you’re using UPI the usual way, the National Payments Corporation of India (NPCI) lets you send up to ₹1 lakh per day.

    2. Bank-Specific Variations

    Not every bank has the same rules. Some lenders quietly trim the ceiling to ₹25,000 or ₹50,000. Check your official banking app to know the exact maximum amount allowed.

    3. Higher Limits for Specific Categories (NPCI Guidelines)

    • When money is transferred to purchase stocks, mutual funds, or even insurance premiums, the limit jumps to ₹2 lakh per day. The same ₹2 lakh ceiling also includes EMI collections for NBFCs and foreign inward remittances. 
    • IPOs, RBI Direct Bonds, schools fees, and Hospital payments have a ₹5 lakh per transaction limit.

    4. Transaction Count Limit

    UPI isn’t just about how much, it’s also about how often. Most apps keep the daily peer-to-peer transaction limit between 10 and 20 transfers a day.

    Basic Tips for UPI App Security

    If you want to use UPI in a secure manner, then it is advised that you follow the below tips:

    • Keep Your UPI PIN Secret : UPI pin acts as the main payment authenticator, so never scribble it on a sticky note or share it with someone.
    • Double-Check the Payee details : Before proceeding with payments, slow down and look at the name and UPI ID correctly. A tiny typo could send cash to a different account incurring loss.
    • Beware of Unknown payment request : If a payment request pops up from someone you don’t recognize, hit decline without hesitation. 
    • Don’t scan unknown QR codes : A square barcode can be both a shortcut and a trap. Skip scanning any QR code other than where you need to pay. 
    • Stick to official and updated apps : Apps are powerful, but fraudulent apps can carry viruses. Download your preferred UPI app only from the Play Store or Apple’s App Store.
    • Layer on Extra Security : Keep your smartphone secure using a pin, app lock, fingerprint scan, or face ID to prevent unauthorized access. 
    • Skip Public Wi-Fi : A private home network or using your mobile data to make payments is safer.
    • Dispute Resolution : If a payment is mistakenly done to a different account, tap into the transaction history to dispute it right away. You can also call your app’s customer support or dial NPCIs helpline (1800-120-1740) for resolution.

    Conclusion 

    Unified Payment Interface (UPI) has transformed the Indian money transfer ecosystem, with a highly secure, fast, and convenient digital transaction system. With evidently massive online transactions and wider acceptance UPI is taking over the traditional payment methods. Features like UPI lite, ticket booking, UPI’s inbuilt credit services are indicating the ongoing innovation. UPI’s adaptability and reliability among the users making it the next big thing. 

    Frequently Asked Questions (FAQs)

    1. What shall be done if the UPI payment fails?

      No worries, your money is safe with the bank and you try making the payment after some time.

    2. Can multiple bank accounts be linked to one UPI App?

      Yes, majorly all the UPI apps can integrate multiple bank accounts in one application and you can even select the bank which you want to use for your next payment. 

    3. Can UPI be used for international payments as well?

      UPI is prominently used in India only. However, NPCI recently launched UPI Global Acceptance, a feature that enables users to make QR-based payments at select international merchant locations.

    4. What is UPI lite and when shall it be used?

      UPI lite is a type of a wallet, in which small payments are done without the requirement of the PIN. 

    5. How to judge which UPI app is the best?

      It depends upon the app’s interface and services offered. For a clean interface and easy to use application one shall consider GooglePay, Phonepe for multiple bill payment options, CRED for credit services. 

  • Margin Against Shares: How Does it Work?

    Margin Against Shares: How Does it Work?

    Have you ever wanted to trade but didn’t have enough cash on hand while holding stocks you believe will perform well and don’t want to sell? This is where Margin Against Shares (MAS) comes in. It’s a popular and highly effective facility that allows you to borrow funds by pledging the shares you already own, giving you the liquidity to trade without having to sell your investments.

    We’ll explain the concept of Margin Against Shares (MAS) in an easy-to-understand way with an example. Moreover, we will discuss its advantages and disadvantages.

    Understanding Margin Against Shares 

    Consider it this way – You have shares in your demat account. When you need more money to trade, you can pledge these shares to your broker rather than selling them. You receive a certain amount of money (also referred to as “pledged margin”) in exchange, which you can use to trade more stocks or derivative contracts. 

    How Does it Work? 

    Usually, it goes like this:

    1. You have shares in your demat account.
    2. You request that your broker pledge those shares.
    3. After evaluating their eligibility, the broker informs you of the margin you will receive, which is normally between 50% and 80% of the total value.
    4. That sum is credited to your trading account as pledged margin.
    5. Now you can trade with it. 
    6. You can unpledge your shares if you no longer need margin to trade.

    Example: Suppose you own ₹1,00,000 worth of ABC stock. Your broker gives you a ₹60,000 margin (at 60%) after you pledge it. You can now trade with more purchasing power without having to sell your shares or transfer additional funds.

    Read Also: Margin Pledge: Meaning, Risks, And Benefits

    Benefits/Risks of Margin Against Shares 

    Benefits 

    1. You Are Not Required to Sell Your Stocks

    You want to trade but do not want to part with your long-term holdings? Instead of selling your shares, MAS allows you to borrow against them.

    2. Easy Access to Money

    All you have to do is pledge your shares to access funds, which can sometimes be fulfilled within a matter of hours.

    3. Increased Profit Potential

    Your money stays invested in your shares while also being used as collateral for trading, allowing you to maximize the potential of your capital.

    4. Do With It As You See Fit

    You may use the pledged margin to trade F&O or additional stocks on an intraday basis.

    5. The shares are still yours.

    You still receive dividends, bonuses, and other benefits even though your shares are pledged.

    Risks 

    1. Markets May Be Volatile

    Your margin limit also decreases if the value of the shares you pledged declines, and your broker may request that you deposit additional money or pledge additional securities.

    2. Your Shares May Be Sold

    Your broker may sell your pledged shares or square off your trades to make up the difference if you don’t fulfill margin requirements promptly.

    3. Interest Charges May Increase

    It is not always free to use the margin. Trading in F&O contracts may attract interest charges if the cash component of the margin requirement is funded by your broker.

    4. Not Every Stock Is Permitted

    Not all shares are allowed for availing margin against shares. You can only pledge shares that are approved by your broker and permitted by regulatory authorities.

    5. Significant Losses

    You could be tempted to trade more than you should if you have additional money. Additionally, overtrading in the market can quickly result in significant losses.

    Read Also: What is Stock Margin?

    Conclusion 

    If you wish to do trading without depositing additional funds and selling your favourite stocks, using margin against shares is a wise choice. It is efficient, enhances profit potential, but also involves risks. Therefore, if you want to use it, start small, stay informed, and never trade beyond your comfort level. When used properly, MAS can be an effective tool for increasing your profits without affecting your long-term investments.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1What is Pledging of Shares?
    2Top Tips for Successful Margin Trading in India
    3Features and Benefits of Demat Account
    4Smart Beta Funds: Characteristics, Factors, Benefits, and Limitations
    5Different Types of Trading in the Stock Market

    Frequently Asked Questions (FAQs)

    1. Is it possible for me to sell pledged shares at any time?

      No, you must first unpledge them.

    2. What would happen if stock prices fell?

      A margin call to transfer additional funds or pledge additional securities might be sent to you by your broker.

    3. After pledging, how long does it take to receive the margin?

      Usually within one working day, you get access to margin funds.

    4. Is it possible to use a joint account for this?

      Yes, but it might require approval from both account holders.

    5. Is this something that all brokers provide?

      Check with your broker; the majority of full-service and discount brokers currently offer this facility.

  • Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status & Key Highlights

    Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status & Key Highlights

    Sri Lotus Developers IPO opened for subscription on 30 July 2025. The issue of ₹792 crore consists entirely of a fresh issue of 5.28 crore shares. Its price band has been fixed at ₹140 to ₹150 per share and the listing is expected to happen on BSE and NSE on 6 August 2025.

    Sri Lotus Developers IPO Day 2 Subscription Status

    Sri Lotus Developers IPO has received a total subscription of 11.10 times till the second day. The retail category has received 9.58 times, QIB 9.31 times and the NII segment has received the highest number of applications at 17.10 times. In total, more than 15 lakh applications have been submitted and bids worth more than ₹ 6,165 crore have been received. This data is till 5:04 pm on July 31, 2025 (Day 2 Completion Status).

    Investor CategorySubscription (x)
    Qualified Institutional Buyers (QIB)9.31
    Non-Institutional Investors (NII)17.10
    bNII (above ₹10 lakh)14.11
    sNII (less than ₹10 lakh)23.09
    Retail Individual Investors (RII)9.58
    Employee Quota8.46
    Total Subscriptions11.10

    Total Applications: 15,09,224

    Objective of the Sri Lotus Developers IPO

    The funds raised from Sri Lotus Developers IPO will be used by the company to further its development work. The funds will be primarily used to meet the construction costs of ongoing projects of subsidiary companies and general corporate needs.

    Use of IPO ProceedsAmount (₹ Cr)
    Investments in subsidiary companies Richfeel Real Estate Pvt. Ltd., Dhyan Projects Pvt. Ltd., and Tryksha Real Estate Pvt. Ltd. to partially fund the development and construction costs of their ongoing projects Amalfi, The Arcadian, and Varun550.00
    General corporate purposes–

    Sri Lotus Developers IPO GMP – Day 2 Update

    The last Grey Market Premium of Sri Lotus Developers IPO was recorded at ₹42 on July 31, 2025. Considering the price band’s upper limit of ₹150, the estimated listing price works out to be ₹192. This means that the estimated listing gain per share is around 28%.

    DateGMP (₹)Est. Listing Price (₹)Gain (%)
    31 July 2025 (DAY-2)₹42₹19228%

    Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

    Sri Lotus Developers IPO – Key Details

    ParticularsDetails
    IPO Opening DateJuly 30, 2025
    IPO Closing DateAugust 1, 2025
    Issue Price Band₹140 to ₹150 per share
    Total Issue Size5,28,00,000 shares(aggregating up to ₹792.00 Cr)
    Listing PlatformBSE, NSE
    RegistrarKfin Technologies Limited
    Sri Lotus Developers IPO DRHPClick Here

    Important Dates for Sri Lotus Developers IPO Allotment

    EventDate
    Tentative AllotmentAug 4, 2025
    Refunds InitiationAug 5, 2025
    Credit of Shares to DematAug 5, 2025
    Listing Date on BSE SMEAug 6, 2025

    Sri Lotus Developers Overview

    Sri Lotus Developers & Realty Limited was founded in February 2015 and is a leading real estate company in Mumbai, specializing in the redevelopment of ultra-luxury and luxury residential projects in the Western Suburbs. As of June 30, 2025, the company has a total developable area of 0.93 million square feet, which includes both residential and commercial properties. The company’s main focus is on the construction of 2BHK and 3BHK flats (₹3-7 crores) and 3BHK to 4+ BHK penthouses (₹7 crores and above) in the high-end segment. Along with this, the company is also active in the development of premium commercial office spaces. So far, the company has completed 4 projects, 5 projects are in progress and 11 new projects are in the pipeline. Features such as strong brand value, ability to sell at premium prices, asset-light business model and timely project delivery make it a reliable real estate company. The company’s leadership team is equipped with experienced promoters and management professionals.

    Read Also: Sri Lotus Developers & Realty IPO Day 1: GMP & Subscription Status

    Easy Steps to Apply for Sri Lotus Developers IPO via Pocketful

    Step 1 :  Install the Pocketful App from Play Store or App Store

    Step 2 : Sign up and complete your KYC requirements

    Step 3 : Go to the IPO section from the home page

    Step 4 : Look for “Sri Lotus Developers IPO” in the list

    Step 5 : Tap on Apply and enter your bid details

    Frequently Asked Questions (FAQs)

    1. What is the opening and closing date of Sri Lotus Developers IPO?

      Sri Lotus Developers IPO is open on 30th July 2025 and will close on 1st August 2025.

    2. What is the price band of Sri Lotus Developers IPO?

      Its price band is fixed from ₹140 to ₹150 per share.

    3. What is the GMP (Grey Market Premium) of Sri Lotus Developers IPO today?

      The GMP on 31th July 2025 is ₹42, which leads to a possible listing price of ₹192.

    4. When will the allotment and listing of Sri Lotus Developers IPO happen?

      Allotment of shares will be done on 4 August 2025 and listing of shares will take place on 6 August 2025 on BSE and NSE.

    5. Is there an Offer for Sale (OFS) in Sri Lotus Developers IPO?

      No, this IPO is a completely fresh issue.

  • How to Use AI for Stock Trading?

    How to Use AI for Stock Trading?

    Have you ever thought about whether you could trade stocks like Wall Street experts using artificial intelligence (AI)? AI is increasingly being used in the world of investing, and it’s no longer limited to large institutions or tech experts.

    Nowadays, anyone can use AI tools to predict stock prices, automate strategies, track market trends, and improve their trading decisions. You do not have to be a software developer or data scientist to get started. In this guide, we’ll explain what AI trading is, how it works, and how you can start using it.

    What is AI Trading? 

    Consider artificial intelligence (AI) as a very intelligent assistant that can analyse extensive volumes of data, such as historical stock prices, news headlines, social media noise, and identify trends that could help you predict a stock’s future price movements.

    AI can assist with trading in the following ways:

    • Recognising patterns and forecasting prices
    • Examining sentiment in tweets and news
    • Automated trade execution
    • Rebalancing portfolio 
    • Managing risk

    Evolution of AI in Stock Trading 

    Trading stocks has advanced significantly. In the past, it was all about being intuitive and the people you knew. These days, computers can read news articles, analyse tweets, and make trades more quickly than a human could.

    How did we get here, then? Let us take a quick look back at how artificial intelligence (AI) gradually but steadily entered the stock market.

    Before 1980s 

    Imagine traders yelling across the floor, phones ringing nonstop, and stock prices scrawled on notepads. There were no advanced models or fast computers, so people relied on their experience, intuition, and the morning paper while making decisions. Everything was manual, emotional, and, well, a little chaotic.

    1980-90s

    With the introduction of personal computers, things began to change. To test strategies, traders started using spreadsheets and basic formulas. It was the first time that people could analyse actual data before making a trade, but it wasn’t AI. This period created the foundation for “quantitative trading,” in which reason and statistics began to take first place over intuition.

    Early 1990s

    The 1990s saw a boom in trading. High-frequency trading, or HFT, began when computers began to make thousands of tiny trades per second.

    This was not AI. It was more like automatic, lightning-fast math. Nonetheless, it suggested a major shift from human-driven to rule-based automation.

    Late 1990s

    Things started to get fascinating at this point. Traders started feeding previous market data into algorithms that could learn and get better over time as machine learning gained popularity. Traders started allowing computers to make decisions on their own instead of following only predefined instructions. This strategy was used by prominent hedge funds like Renaissance Technologies, which are extremely successful and secretive, and quietly control the markets.

    Early 2010 

    We were all overwhelmed by information in the 2010s. At that point, AI advanced further by learning to read and comprehend human language. In a shorter period than it would take a human to read the article, tools that use natural language processing (NLP) could determine whether the sentiment surrounding a stock was positive or negative and take appropriate action.

    With robo-advisors and app-based tools suggesting portfolios based on individual goals and risk tolerance, retail investors also began to benefit.

    Fast Forward to Now 

    AI is more intelligent, faster and widely available than before. Deep learning models can forecast stock price trends by identifying patterns that humans might miss. Large language models are useful for writing trading strategies, carrying out market research, and even coding.

    Read Also: How AI is Transforming Stock Market Predictions

    How AI Trading Works?

    A basic framework of how AI trading works is given below:

    1. Identifying Trends and Formulating Forecasts: It is possible to train AI tools, particularly those that employ machine learning, to identify patterns in past stock data. They improve their ability to forecast the possible behaviour of particular stocks over time. Imagine it as a more advanced form of technical analysis, only faster and more accurate.

    2. Sentiment Analysis: Artificial intelligence (AI) systems can search the internet for anything, including news articles, financial reports, Reddit posts, and tweets. They can very quickly ascertain whether the general sentiment regarding a particular stock or industry is favourable or unfavourable. This is referred to as sentiment analysis, and it can help you in anticipating the market’s reaction.

    3. Trading Automatically Using Predetermined Rules: When trades are carried out automatically in response to a set of instructions, this is known as algorithmic trading, or algo trading. These rules can now be adjusted in response to real-time data when AI is added. A bot can buy or sell for you depending on the state of the market.

    4. Optimising Your Portfolio: Artificial intelligence (AI) tools can analyze your investments and make recommendations for strategies to lower risk or increase returns. They perform this by examining the movement of various assets and determining the best combination depending on your objectives.

    5. Recognizing Risks: By identifying unusual activity, abrupt volatility, etc. AI can even help you avoid mistakes, thereby helping you manage risk.

    Steps to do AI Trading 

    1. Learn Key AI Concepts: Before you start working with artificial intelligence (AI), learn the basics, including how it can recognise patterns, predict trends, assess the sentiment of news, and automate trades. You don’t have to be a tech expert to understand the problems AI helps to solve in the trading industry.

    2. Pick suitable AI Tools: Choose tools based on your goals and skill level. Professionals might look into QuantConnect, while beginners can begin with no-code platforms. Verify that the tool supports automation, real-time data, and backtesting.

    3. Build your AI Trading System: After selecting a platform, create a trading strategy. Before going live, analyze historical data, establish risk limits, set entry and exit rules, and execute backtests to observe how your AI system performs in various market scenarios.

    4. Use AI Features Effectively: Make use of AI tools for price prediction, pattern recognition, sentiment analysis, and portfolio optimisation. For example, some AI models can alert you when a stock is overbought or automatically adjust your holdings in response to market volatility.

    5. Combine AI with Human Oversight: AI is not perfect, so don’t rely solely on it. Watch your system closely and be prepared to take over control over trading when necessary. Combining market experience with AI’s speed yields the best results.

    Read Also: Benefits of AI in the Stock Market

    Conclusion 

    AI has significantly changed stock trading, evolving from human-driven decisions to systems that can learn, adapt, and even outperform experienced traders. This journey is still unfolding, making it an exciting time for both beginners and seasoned investors to explore how AI can enhance their trading strategies. It is advised to consult a financial advisor before trading.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1Best AI-Based Trading Strategies Explained
    2How to Use AI for Smarter Investing in India
    3Can AI Predict the Stock Market?
    4How AI and Machine Learning Are Transforming Trading Strategies?
    5Stock Market Prediction Using Machine Learning in 2025
    6Scope of AI in Investing: Usage, Benefits, and Challenges

    Frequently Asked Questions (FAQs)

    1. Does using AI for trading require coding knowledge?

      No, not always! Without writing a single line of code, you can create AI-powered strategies with the help of no-code platforms.

    2. Is it possible for AI to forecast stock prices?

      Although no model is 100% accurate, AI can predict trends based on historical data. It is not a crystal ball, but a tool.

    3. Is AI trading meant for experts?

      Not at all! Even novices can use AI to automate processes or do more intelligent data analysis with today’s tools.

    4. Describe backtesting and explain its significance.

      Backtesting is the process of evaluating your approach using historical data to determine how well it would have worked. It keeps unpleasant surprises at bay.

    5. Is it possible for AI to eliminate trading risk?

      No. Although markets are unpredictable, AI can improve risk management. Always keep an eye on your plan and make necessary adjustments.

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