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What is Indemnity Bond?

What if you have misplaced your original share certificates and requested the company to issue a duplicate one? The company will ask you for a bond to protect itself from potential financial losses arising from the misuse of the original share certificate, should it resurface later. This protective document is known as an “Indemnity Bond”.

In today’s blog post, we will provide you with a detailed overview of what an indemnity bond is, its key features and importance, and the differences between an affidavit and an indemnity bond.

Meaning of Indemnity Bond

An indemnity bond is a legal contract in which one party agrees to bear the financial loss or liability incurred by another party. This bond can be considered as a risk-transfer mechanism which ensures that any loss will be paid by the other party. The indemnity bond clearly states the risks and liabilities.

This bond generally includes details such as names of parties involved in the transaction, nature of indemnity, amount of liabilities, and the conditions under which the bond became applicable, and this indemnity bond needs to be properly stamped and can be used in civil and government processes.

Features of Indemnity Bond

The key features of an indemnity bond are as follows:

Contract: An indemnity bond is a legal written contract which indicates the terms and conditions of the indemnity.
Protect Losses: The primary objective of an indemnity bond is to protect the individual against any financial losses or legal liabilities.
Period: The indemnity contract defines the liability period during which it is enforceable.
Signature: The indemnity bond or contract needs to be signed by the parties involved in it.
Executed: The indemnity contract must be executed on non-judicial stamp paper.
Notarise: Sometimes, as per the local regulations, it is required to get it notarised.

Importance of using an Indemnity Bond

There are various important uses of an indemnity bond. A few of the important ones are as follows:

Legal Assurance: An indemnity bond provides legal protection in case of any financial loss due to any specific event.
Risk Reduction: An Indemnity bond helps transfer the risk of loss from one party to another in the event of unforeseen circumstances.
Customisation: The terms of the indemnity bond can be customised based on the specific needs of both parties.
Enforceable: When the bond is executed on stamp paper and is notarised, then it becomes legally enforceable in court on grounds of breach of contract.

Calculation of Stamp Duty on Indemnity Bond

Calculation of stamp duty on an indemnity bond is governed by the Indian Stamp Act, 1899, along with state-specific stamp laws. The amount of duty varies from one state to another. The step-by-step process of how the stamp duty is calculated is mentioned below:

The first step is to identify the value of the indemnity bond. The amount generally includes the maximum liability or coverage which an indemnifier agrees to cover.
Then you need to refer to the stamp duty rate based on your state. These rates are generally fixed or sometimes depend on the value of the bond.
After the calculation of stamp duty, you are required to purchase the non-judicial stamp paper of appropriate value.

Read Also: What is Government Bond

Difference between Affidavit and Indemnity Bond

There are significant differences between an affidavit and an indemnity bond; a few of these differences are mentioned below:

Particular	Affidavit	Indemnity Bond
Meaning	It is a written document of facts voluntarily taken as sworn and is notarised.	It is a legal contract in which one party agrees to compensate the other party for the loss.
Objective	The objective of an affidavit is to declare facts truthfully.	An indemnity bond is used to protect against financial or legal liabilities.
Type	It is declaratory.	It is contractual.
Liabilities	It does not involve any direct liabilities.	It carries liabilities by the indemnifier.
Notarization	Notarization of the affidavit is required.	It is advisable to get an indemnity bond notarised, but it is not always mandatory.
Usage	It is generally used for lost certificates, changes in name, address proofs, and other types of declarations etc.	An indemnity bond includes the refund claims, transfer of shares, property matters, etc.

Read Also: What is Insurance Bond?

Types of Indemnity Bond

The various types of indemnity bond include:

1. Indemnity bond for property

In this, the indemnity bond is used when there is a transfer of property ownership when original documents are missing. In such cases, municipal authorities or registrars may require an indemnity bond.

2. Indemnity bond for banks

The indemnity bond is also required when the fixed deposit receipts or account instruments are lost. By giving this bond, the bank will not be held liable for the loss of the instrument if it is misused.

When the share certificates are lost or misplaced, the investor must submit an indemnity bond to the company in order to obtain a duplicate share certificate.

4. Loan Repayment

There might be certain cases in which the loan provider asks for the indemnity bond. This generally occurs when a guarantor is unavailable or when required documents are missing.

Read Also: What are Social Bonds?

Conclusion

On a concluding note, an indemnity bond is a vital legal instrument that safeguards individuals and companies against potential financial or legal liabilities. Various types of indemnity bonds are available to suit different needs, and executing one requires payment of the applicable stamp duty. It is always advisable to consult a qualified legal advisor before entering into any indemnity bond.

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10	What are Bond Yields?
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Frequently Asked Questions (FAQs)

Can an indemnity bond be legally enforceable?
Yes, an indemnity bond can be legally enforceable in a court. It must be executed with proper stamp duty; while notarization adds evidentiary value, it is not mandatory for enforceability.
Which party prepares the indemnity bond?
The indemnifier prepares the indemnity bond.
What is an indemnity bond?
An indemnity bond is a legally enforceable contract in which one of the parties agrees to compensate the other for any potential loss or legal liability.
When an indemnity bond is required?
An indemnity bond is required in different situations, like loss of shares, transfer of property or assets, etc.
What is the difference between an affidavit and an indemnity bond?
An indemnity bond is a promise to compensate for the losses or damages, whereas an affidavit is a sworn statement of some facts.

September 13, 2025

What is Non Convertible Debentures?

In times of market uncertainty, everyone is looking for stable investment options with fixed returns. Among all the other fixed return options, Non-Convertible Debentures (NCDs) stand out as a popular choice, often offering higher returns than traditional bank fixed deposits.

In this blog, we provide a detailed overview of non-convertible debentures, including their types, features, and factors to consider before investing in them.

What are Non-Convertible Debentures?

A Non-convertible Debenture (NCD) is a financial instrument which is generally used by companies to raise capital for the long term. Non-convertible debentures cannot be converted into equity shares of the issuing companies. They offer a fixed interest rate or coupon along with the principal on the maturity date. They offer slightly higher returns than any other bank fixed deposit. As non-convertible debentures are not converted into equity, they remain a pure debt instrument throughout the investment period.

Features of Non-Convertible Debentures

The key features of non-convertible debentures are as follows:

Fixed Returns: The returns offered by the non-convertible debentures are fixed and are paid by the issuer at a predefined fixed interval.
Rating: The non-convertible debentures are rated by credit rating agencies such as CRISIL, ICRA, or CARE.
Liquidity: The issuing companies offer liquidity to their investors by making them list on the stock exchange.
Taxability: Interest received by an investor on the NCDs is taxable based on their income tax slab.
Duration: There are various tenures available for an investor to choose from the given options.

Types of Non-Convertible Debentures

The several types of non-convertible debentures are as follows:

1. Secured

The secured NCDs are backed by a specific asset of the issuing company. Therefore, in case of default, the investor can claim the assigned asset and recover their amount.

2. Unsecured

The non-convertible debentures are not secured by any asset; hence, in case of default, the investors are required to wait until the assets of the company are sold so that their liabilities can be met.

3. Listed

When an issuing company lists the debentures on the stock exchange to provide liquidity to its investors.

4. Unlisted

Unlisted NCDs are those which are not listed in the secondary market. Hence, they are generally considered illiquid.

5. Long-term

Long-term NCDs are generally issued for more than three years.

6. Short-term

These debentures are issued for a period of one year to three years.

7. Callable

Callable NCDs give the issuer the right to redeem them before the maturity date.

8. Putable

These NCDs come with an option that the buyer can redeem the debenture from the issuing company anytime before the maturity period.

Read Also: How to Buy NCDs in India?

How to Buy Non-Convertible Debentures

The following are two ways through which one can buy the non-convertible debentures:

1. Primary Market

This is where NCDs are issued for the first time by the company. They are offered to the public for subscription, and investors can apply using their demat account or through designated financial institutions by filling out an application form.

2. Secondary Market

When the NCDs are issued by the companies and are listed in the secondary market, allowing investors to purchase and sell them easily through an exchange similar to any other equity shares.

Factors to Consider Before Investing in Non-Convertible Debentures

The key factors to consider before investing in non-convertible debentures are as follows:

Risk: An investor should check the credit rating before making any investment in non-convertible debentures. And it is also advisable to avoid investing in NCDs with a rating below A.
Higher Returns: NCDs offer higher returns than the prevailing government bonds and FD rates. But they are not risk-free like government bonds.
Tenure: One should choose the tenure of NCD based on their investment horizon or financial goal.
Listed Non-convertible Debentures: An investor should opt for NCDs which are listed on the stock exchange, as they can provide liquidity before the maturity date.
Taxation: The interest received on the NCDs is added to your income and taxed based on your income tax slab. Hence, investors should check the tax liability which can arise while investing in NCDs beforehand.
Reinvestment Risk: If the interest rates in the economy are declining, then the proceeds of the NCDs on maturity, when reinvested in another NCD, might yield lower returns.

Conclusion

In summary, Non-Convertible Debentures offer investors an attractive way to earn fixed returns, often higher than traditional fixed deposits. As the name suggests, these instruments cannot be converted into equity shares and remain pure debt throughout their tenure. Companies issue them with varying maturities, coupon rates, and payout structures, giving investors flexibility in choosing options that match their financial goals. However, NCDs are not entirely risk-free, as they carry default risk. This is why credit rating agencies assess them, and why it is wise to invest only after reviewing the ratings and consulting a financial advisor.

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Frequently Asked Questions (FAQs)

What is the full form of NCD?
NCD is known as non-convertible debentures. It is a financial instrument issued by companies to raise capital for both long-term and short-term.
What is the taxation on NCD?
The interest received on the NCD is taxed based on the income tax slab of the investor. And the capital gain arising from selling in the secondary market is also taxed based on the applicable capital gain tax rate.
Is there any option through which an NCD can be sold before maturity?
Yes, one can sell the non-convertible debentures on the secondary market or stock exchange like any other stock, only in the case of listed NCDs.
Can an NRI invest in NCDs in India?
Yes, NRIs can invest in Indian NCDs, provided the issuing company permits such investments as per the offer terms and regulatory guidelines.
How to get the money in case of maturity of NCDs?
On maturity, the principal amount along with the interest is credited to the registered bank account of the investor.

September 13, 2025

Urban Company IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Urban Company, a prominent tech-enabled home services platform, has launched its ₹1,900 crore Initial Public Offering (IPO), comprising a fresh issue of ₹472 crore and an offer-for-sale (OFS) of ₹1,428 crore. The IPO opened for subscription on September 10, 2025, with a price band set between ₹98 and ₹103 per share. The subscription window will close on September 12, 2025, and the shares are scheduled to be listed on both the BSE and NSE on September 17, 2025.

Urban Company IPO Day 3 Subscription Status

The Urban Company IPO witnessed an overwhelming response, closing with an overall subscription of 108.97 times. The Qualified Institutional Buyers (QIB) segment topped the charts at 147.35 times, followed by Non-Institutional Investors (NII) at 77.81 times. Retail participation remained strong with 41.41 times subscription, while the employee quota was subscribed 42.47 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	147.35
Non-Institutional Investors (NII)	77.81
bNII (above ₹10 lakh)	86.75
sNII (less than ₹10 lakh)	59.93
Retail Individual Investors (RII)	41.41
Employees	42.47
Total Subscriptions	108.97

Total Applications: 44,83,574

Total Bid Amount (₹ Crores): 1,13,993

How to Check Urban Company IPO Allotment Status

Urban Company 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 “Urban Company” 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 “Urban Company” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Urban Company IPO

Urban Company plans to utilize the net proceeds from the fresh issue for the following purposes:

Use of IPO Proceeds	Amount (₹ Cr)
Expenditure for new technology development and cloud infrastructure	190
Expenditure for lease payments for the offices	75
Expenditure towards marketing activities	90
General Corporate Purposes	–

Urban Company IPO GMP – Day 3 Update

The grey market premium (GMP) of Urban Company IPO is ₹50, as on 5:00 PM September 12, 2025. The upper limit of the price band is ₹103, and the estimated listing price as per today’s GMP can be ₹153, giving a potential gain of around 48.54% per share.

Date	GMP	Est. Listing Price	Gain
12-09-2025 (DAY 3)	₹50	₹153	48.54%

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.

Urban Company IPO – Key Details

Particulars	Details
IPO Opening Date	September 10, 2025
IPO Closing Date	September 12, 2025
Issue Price Band	₹98 to ₹103 per share
Total Issue Size	18,44,66,018 shares(aggregating up to ₹1,900 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Urban Company IPO RHP	Click Here

Important Dates for Urban Company IPO Allotment

Event	Date
Tentative Allotment	September 15, 2025
Refunds Initiation	September 16, 2025
Credit of Shares to Demat	September 16, 2025
Listing Date	September 17, 2025

Urban Company Overview

Urban Company Limited is a technology-driven, full-stack online services marketplace providing home, beauty, and wellness services across 51 cities, including 47 in India, and select international markets such as UAE and Singapore. The platform enables consumers to access services like cleaning, pest control, electrical, plumbing, carpentry, appliance repair, on-demand home-help assistance, painting, skincare, hair grooming, and massage therapy. It also operates the ‘Native’ brand offering water purifiers and electronic door locks. Urban Company engages a network of trained and background-verified service professionals, empowering them with tools, consumables, training, and technology to deliver standardized, quality-driven services. The company leverages a tech-enabled platform for demand-supply matching, service management, and consumer engagement, enabling growth, higher consumer retention, and improved earnings for service professionals.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Urban Company IPO?
Urban Company IPO is open on 10 September 2025 and will close on 12 September 2025.
What is the price band of the Urban Company IPO?
Its price band is fixed from ₹98 to ₹103 per share.
What is the GMP (Grey Market Premium) of Urban Company IPO today?
The GMP on 12 September 2025 is ₹50, which leads to a possible listing price of ₹153.
What is the total issue size of Urban Company IPO?
The total issue size of the Urban Company IPO is ₹1,900 crore, comprising a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore.
What is the expected listing date of Urban Company?
This IPO is expected to be listed on BSE and NSE on 17 September 2025.

September 12, 2025

Best Books on Mutual Funds for Beginners in India

If you have ever thought about investing, chances are mutual funds came up as the first option. They are simple, beginner-friendly, and eliminate the need to analyse individual stocks. But here is the truth: just because mutual funds are easy to start with does not mean you should jump in without learning the basics.

The more you know, the better are your investment decisions. And while the internet is flooded with tips, reels, and suggestions, books give you a deeper understanding. They share decades of wisdom and proven lessons that short videos just cannot cover.

In this blog, we will tell you about 10 amazing books on mutual funds and investing. Some are classics, some are simple guides, and a few explore investor psychology, but all of them will change the way you invest in mutual funds.

Why Read Books on Mutual Funds?

We are living in the age of instant advice; scroll through Instagram or YouTube, and you will find endless investing hacks. They are fun, sometimes even useful. But they do not always prepare you for the challenges of investing, like staying calm during a market crash.

Books do that. They slow you down, give you perspective, and show you the bigger picture. Below are some of the reasons why they are worth your time.

They build strong basics – You will understand terms like SIPs, NAVs, and diversification without getting confused by complicated market terms.
They teach patience – Real wealth is built slowly through compounding, not by chasing quick gains.
They give perspective – Many of these authors have seen decades of market ups and downs, and they share what actually works.
They help with mindset – A key aspect of successful investing is managing your emotions. Books prepare you for that.

10 Best Books on Mutual Funds in India for Beginners

Common Sense on Mutual Funds – John C. Bogle
The Little Book of Common Sense Investing – John C. Bogle
The Four Pillars of Investing – William J. Bernstein
The Intelligent Investor – Benjamin Graham
The Coffeehouse Investor – Bill Schultheis
Indian Mutual Funds Handbook (5th Edition) – Sundar Sankaran
Mutual Funds – Ladder to Wealth Creation – Vivek K Negi
How to Make a Fortune Through Mutual Funds: Hunt with the Hounds – Ashu Dutt
Mutual Funds For Dummies – Eric Tyson
Mutual Funds Made Easy – Gerard W. Perritt

An overview of the top 10 mutual funds books in India is given below:

1. Common Sense on Mutual Funds – John C. Bogle

This is Bogle’s book, where he explains everything he believes about mutual funds. He makes a simple but powerful point: high costs and too much trading eat away at your returns. Any individual should stick to plain, low-cost index funds and hold them for the long term. If you are serious about investing, it is worth the time. Think of it as a masterclass from the man who changed investing forever.

2. The Little Book of Common Sense Investing – John C. Bogle

This is the pocket guide where Bogle convinces you that index funds are the smartest, simplest way to invest. He explains about “beating the market” and shows why most people are better off owning it. The writing is simple, the arguments are clear, and the lessons stick. For beginners, this is the best place to start your investing journey.

3. The Four Pillars of Investing – William J. Bernstein

Bernstein takes a wide-angle view of investing. He talks about the theory (why diversification matters), history (how markets behave), psychology, and the business side. While the book is broader than just mutual funds, the lessons on portfolio diversification, risk management, and long-term planning are directly applicable to mutual fund investing. He is sure about one thing: most people should just focus on low-cost funds and stop trying to outsmart the market. The mix of history and science makes this book eye-opening for anyone who wants to understand investing in a better way.

4. The Intelligent Investor – Benjamin Graham

This one is known as a classic for a reason. Benjamin Graham, Warren Buffett’s mentor, lays down multiple lessons about patience, discipline, and protecting yourself from risk. He explains the difference between being an “investor” and a “speculator”, a line that many people are not able to comprehend. Although Graham focuses on stocks, the principles of risk management, value assessment, and long-term thinking are highly relevant to mutual fund investing. The writing is a bit old-school, but the knowledge it carries is still relevant. If you read it, you will take away a whole new way of looking at money and risk.

5. The Coffeehouse Investor – Bill Schultheis

This book feels like a chat with a wise friend over coffee. Schultheis argues that investing doesn’t need to be complicated, no need for fancy strategies, endless research, or sleepless nights. His approach is simple: build a balanced portfolio with index funds, leave it, and continue living your life. The language is simple, even humorous at times, making it perfect for beginners who feel overwhelmed by finance. It’s not about chasing every opportunity, but about finding peace of mind while still growing your wealth steadily.

6. Indian Mutual Funds Handbook (5th Edition) – Sundar Sankaran

If you have ever wanted an easy, no-nonsense guide to how the Indian mutual fund industry works, this book can be of great help. Sundar Sankaran does a great job of breaking things down, whether it is the different types of funds, how they compare to other investment options, or how to invest across sectors. What makes it especially useful is how practical and India-focused it is, so you are not just getting theory but insights you can actually use. In many ways, it is a handbook for anyone who wants to understand mutual funds in the Indian context.

7. Mutual Funds – Ladder to Wealth Creation – Vivek K Negi

If you are starting your investing journey, this book is a perfect place to begin. Often rated as one of the best beginner-friendly guides on mutual funds, it explains the basics in a way that is simple and easy-to-follow. Vivek K Negi not only covers the fundamentals but also shows how mutual funds can become a smart tool for long-term wealth creation. For anyone new to the world of investing, this should be one of the first books on your reading list.

8. How to Make a Fortune Through Mutual Funds: Hunt with the Hounds – Ashu Dutt

This book shows how you can achieve extraordinary returns from mutual funds beyond the steady, slow gains most investors expect. Ashu Dutt explains that mutual funds deliver their best results in rising markets, and that conventional approaches like always investing through systematic investment plans or holding long-term may not make you rich. Instead, the book emphasizes timing your investments and strategically trading mutual funds to maximize profits. At the same time, Dutt keeps the language simple, making it easy for beginners to follow and addressing common myths, such as the fear of losing money during downturns or thinking mutual funds are only for long-term investing. This practical guide is perfect for investors who want to start investing with confidence while exploring the full potential of mutual funds.

9. Mutual Funds For Dummies – Eric Tyson

If you have just started your financial journey and are feeling lost, this book is like having a friendly guide walk you through the world of mutual funds step by step. Eric Tyson is trying to show you how to choose funds that align with your investment goals and help you understand all the jargon. You do not need to be an expert; this book is designed for everyday investors who just want clear, practical advice.

10. Mutual Funds Made Easy – Gerard W. Perritt

Gerard W. Perritt wrote this book with beginners in mind, making it a simple, step-by-step guide to understanding mutual funds. It covers the basics of how to get started, while also teaching you the importance of managing risk, diversifying your portfolio, and building a clear financial plan. Perritt also shares practical suggestions on how to stay disciplined as an investor and avoid common mistakes, making this book a reliable companion for anyone looking to grow wealth over time through mutual funds.

Conclusion

Mutual funds are often sold as “easy investment options,” but the truth is, they are only effective when a person uses them mindfully. It is important to have the right mindset, patience, and a consistent investment plan.

The books listed above are not just about mutual funds; they are about becoming a better investor overall. They will teach you to avoid the noise and trust the power of compounding. Instead of relying on short-term tips, consider reading one of these books as the knowledge you will gain will stay with you for the long term.

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Frequently Asked Questions (FAQs)

Are these books useful for Indian investors?
Yes, while most are written with U.S. markets in mind, the lessons, like patience, diversification, and low costs, apply everywhere.
Which book should I start with as a beginner?
Go for The Little Book of Common Sense Investing, it is simple and beginner-friendly.
Do these books talk about SIPs?
Some mention systematic investing strategies, which are almost the same idea.
Do I need to read all 10?
No. Even reading one or two will make a huge difference in how you see mutual funds.
Can I buy these books easily in India?
Yes, most are available on Amazon, Flipkart, or even in local bookstores.

September 12, 2025

What are War Bonds?

Governments require large amounts of funds during war, and war bonds become important in such a situation. These bonds help in funding war expenses by raising money from the common people. During the Second World War, people in countries like America and Britain invested in war bonds out of patriotism. It was not just an investment, but also a symbol of trust between the government and the citizens.

In this blog, we will know the purpose of war bonds, its benefits, limitations and its importance in today’s time.

What are War Bonds?

War bonds are bonds issued by the government to raise funds in emergency situations like war. They allow ordinary citizens to lend money directly to the government, supporting the nation’s defense efforts. Technically, it is a debt instrument, in which the government borrows money from the public for a fixed period of time and returns it later with interest.

How do War Bonds work?

When a country is in a war-like situation, its expenses increase drastically such as purchasing weapons, training soldiers, medical facilities, supplies, etc. To meet all these expenses, governments often issue war bonds during wartime. Citizens buy these bonds, which gives the government immediate funds, and after a few years the government repays that amount with interest.

For example, during World War II, the US launched Series E War Bonds, which had a maturity of 10 years and relatively low interest rates. The purchase of these bonds was motivated by patriotism, not by the hope of high returns.

Read Also: What Is a Callable Bond?

Key Features of War Bonds

Government Guarantee: War bonds are fully backed by the government, which makes the risk of default very low.
Fixed Maturity: These bonds have a fixed tenure (such as 10, 15 or 20 years), after which the investor gets his money back with interest.
Low Interest Rate: They usually pay interest rates lower than the market rate because their motive is service to the nation, not profit.
Patriotism: During wartime, they were sold through massive publicity, movies, posters and celebrities.

History and Role of War Bonds in India

The concept of war bonds was used in India during the British period during World War I.

British War Loans : The British government raised money from the Indian public through war loans and war funds in India.
Large landowners, merchants and ordinary citizens were asked to contribute to the war effort.
Many Indian industrialists and kings purchased war bonds in large amounts.

Although war bonds in the traditional sense were not used in independent India, the Government of India launched instruments like Defence Savings Certificates which were similar to war bonds.

War Bonds vs. Normal Government Bonds

Point	War Bonds	Regular Government Bonds
Purpose	To fund war-related expenses	For infrastructure, development, etc.
Interest Rate	Relatively low	Market-based returns
Promotion	Emotion-driven and patriotic messaging	Promoted based on financial benefits to investors
Relevance	Used in special/emergency situations (like wars)	Used for general and long-term government plans

History of War Bonds and Global Examples

War Bonds began during World War I, but their greatest impact was seen in World War II. To meet the heavy expenses of the war, countries like the US, Britain, Canada, Germany and Japan issued war bonds to raise money from the public. These bonds were not only a means of financial support, but also became a means of connecting the public emotionally to the war effort.

America : Liberty Bonds and later Series E War Bonds were introduced in the US. The government made their sale a patriotic campaign through Hollywood stars, posters and radio.
Britain : In Britain, National War Bonds were linked to national service and were promoted through churches and newspapers.
Canada : Canada issued Victory Bonds, which were sold in schools and offices. Even children were encouraged to contribute to War Savings Stamps.
Germany : In Germany, these were called Kriegsanleihe and were linked to national pride.
Japan : Japan used religious and cultural influences to get citizens to contribute to savings schemes.

One special thing about these bonds was the active participation of the public. From children to women, everyone bought war bonds, due to which the entire society indirectly participated in the war.

Purpose of War Bonds

In a situation like war, the government needs not only resources but also the cooperation of the public. War Bonds were the economic form of this cooperation. These bonds created a relationship of trust between the government and the citizens, where people invested their money in the security of the country.

Direct financial support for war expenses : The government needed huge funds for things like military needs, weapons, medical facilities and logistics. War bonds helped in fulfilling that need immediately.
Connecting the public with war efforts : Through these bonds, common people could also contribute to the war. This made the citizens feel that they were not just spectators, but a part of this battle.
Controlling inflation by reducing cash in the market : Investing in war bonds reduced the money in the market, which made it easier to control excessive expenditure and inflation during the war.
Reducing dependence on foreign borrowing : Domestic investment saved the government from having to borrow from abroad, thus maintaining economic self-sufficiency.
Trust between the public and the government : Bonds created a trust that the country will protect your capital and pay it back on time. This trust was the real strength of these bonds.

Read Also: What are Social Bonds?

Benefits of War Bonds

War Bonds were not just a funding tool, but a medium through which the government, the public and the economy all three got different benefits.

Benefits for the government

The government got funds without any delay, which did not hinder the war operations.
Domestic investment reduced dependence on foreign debt.
This method was also politically convenient because selling bonds was more acceptable to the public than raising taxes.

Benefits for the citizens

These bonds were considered safe investments as they were government guaranteed.
This inculcated the habit of saving and long-term financial planning in people.
People also got emotional satisfaction that they were doing something for their country.

Benefits for the economy

Investing money in war bonds removed cash from the market, which kept inflation under control.
Economic unity and stability was maintained throughout the society.

Read Also: What is Government Bonds

Limitations and criticisms of War Bonds

While War Bonds helped the government to fund the war, on the other hand, they also had some limited and controversial aspects which cannot be ignored.

Low returns : The interest received on War Bonds was usually much lower than the market rate. These bonds were based on patriotic sentiments, not on attractive investment returns.
Limited liquidity : It was difficult to redeem War Bonds before the scheduled time. This investment was not suitable for short-term needs, which troubled many investors later.
Publicity and social pressure : Governments ran large-scale publicity campaigns to sell these bonds. Sometimes this campaign was so emotional and gilt-based that people were forced to invest.
Not successful in all countries : In some countries, including India, War Bonds did not reach the expected target. Sometimes the economic condition of the public or lack of trust became the reason.
Post-war problems : After the war, some people were not able to redeem their bonds, or they were not aware of it. Even today, many old estates yield unclaimed War Bonds, whose validity has expired with time.

Are War Bonds Still Relevant Today?

In today’s time, the economy and the methods of government funding have changed a lot. Earlier, where the government was given financial help through direct participation of the public like War Bonds, now it has been replaced by big banks, foreign investors and institutional funding. In such a situation, options like War Bonds are not commonly used now, but is their need completely over?

If we look at the international level, the US had issued “Patriot Bonds” after 9/11, whose purpose was to get financial support from the common people for national security. Similarly, bonds were also introduced for defense funding on a limited scale in some European countries. These examples make it clear that schemes like War Bonds can be implemented even today if needed.

There is currently no official structure like War Bonds in India. If a serious national crisis arises in the future such as border disputes or cyber attacks then the government can restart schemes like War Bonds in digital and transparent form. This will not only be a means of raising funds, but can also become a powerful medium to involve citizens in nation building.

Read Also: What is Straight Bond

Conclusion

During wartime, War Bonds served as a bridge of trust between the government and the public. They provided financial support while also reflecting the active participation of citizens. Today, even though War Bonds are part of history, their spirit of unity and contribution to the nation remains alive. If such circumstances arise again in the future, this model could be revived, especially when public support is the greatest resource.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Electoral Bonds Explained: What Are They and Why Did Supreme Court Ban It?
2	CAT Bonds: An Easy Explainer
3	Explainer on Green Bonds: History, Process, Pros, Cons, and Future Outlook
4	What Is Bowie Bond (Music Bonds) : History, Features, Advantages & Disadvantages
6	Secured and Unsecured Bonds: Understand the Difference
7	Detailed Guide on Bond Investing: Characteristics, Types, and Factors Explained
8	What is Coupon Bond?
9	Tax-Free Bonds: Their Features, Benefits, and How to Invest
10	What are Bond Yields?
11	Stocks vs Bonds: Difference Between Bonds and Stocks
12	What Are Corporate Bonds?

Frequently Asked Questions (FAQs)

What are War Bonds used for?
They are used to raise funds for the country in times of war or emergency.
Are War Bonds still issued in India?
No, War Bonds are not issued in India at present.
Do War Bonds give returns like normal bonds?
No, the returns are very low or sometimes not available.
Who can invest in War Bonds?
Any citizen or institution that wants to help the country can invest.
Are War Bonds safe to invest in?
Yes, they are government-backed, but returns are not guaranteed.

September 12, 2025

What is Insurance Bond?

Securing the future along with saving has become a necessity for everyone today. In such a situation, an insurance bond is an option that maintains a balance between investment and insurance. This is a great option for those who want to save tax and also want to invest money safely for a long time.

In this blog, we will tell you every important thing related to insurance bonds in simple language – so that you do not have any problem in understanding and you can take the right decision.

What is an Insurance Bond?

An insurance bond is a long-term investment product offered by insurance companies. You invest in it by paying a lump sum premium and in return you get insurance protection along with a fixed return after a few years. You can consider it a combination of investment and life insurance.

How is it different from Mutual Fund and traditional insurance?

Mutual Funds are only investment focused, there is no insurance cover in them.
In traditional insurance policies, the focus is mainly on death benefit, the returns are low.
But in an insurance bond, you get a minimum life cover along with return on investment.

Its main elements

Lump sum investment: You have to pay the premium only once.
Lock-in period: Usually there is a lock-in of 5 to 10 years.
Tax benefits: Tax can be deferred on some plans or tax-free returns can also be obtained if the conditions of Section 10(10D) are met.
Part nomination option: It makes the process of financial planning and will easier.

Example : Understand it like this – you have made a Fixed Deposit in which a small life insurance cover is also attached. That is, your capital is safe and security cover is also there. This balance makes the insurance bond special.

Read Also: What Is a Callable Bond?

Types of Insurance Bonds

There are many types of insurance bonds, designed based on different investment needs, risk profiles and tax planning. Below are the 3 main types that are prevalent and valid today:

1. Surety Bond

A surety bond is an agreement in which a third party (insurance company) guarantees on behalf of a person or organization that it will complete the work or service on time and properly.

It has three parties: Principal (who has to do the work), Obligee (who needs the work), and Surety (who gives the guarantee).
It is usually used in large construction, government tenders or contract work.
If the contractor does not complete his work, the surety (insurance company) compensates for the loss.

Use: Infrastructure projects, government tenders, service contracts

2. Fidelity Bond

The purpose of fidelity bond is to protect companies from losses caused by fraud or improper behavior of their employees.

It is often also called “Employee Dishonesty Bond”.
This bond protects employers in case an employee commits theft, fraud or misuse of funds.
It is also available for small businesses and is considered a strong means of risk management.

Uses: Banking, Financial Services, Securities Firms, Startups

3. Investment Bond

An investment bond is a life insurance policy designed for the purpose of investment. By paying a lump sum premium, you invest for a long time and in return get life cover as well as returns.

It is usually used by individual investors who want to do tax planning and long-term investing.
These bonds are available in several forms: Guaranteed Bond, With-Profit Bond and Market-Linked ULIP Bond (all of these will be explained in detail in the next section).
In India, companies like HDFC Life, ICICI Prudential, and LIC offer these types of bonds.

Uses: Long-term savings, tax deferral planning, estate planning, children’s financial preparation.

Read Also: What are Social Bonds?

Sub-Types of Investment Bonds You Should Know Before Investing

1. Guaranteed Insurance Bonds

This is the safest type of insurance bond. In this, you get a pre-determined fixed return, as well as the capital is guaranteed.

Best for risk-free investment
Usually 5 to 10 years tenure
Includes life insurance cover

Example: Annuity-based bonds like LIC’s Jeevan Shanti

Suitable for: Retired persons or NRIs who want fixed returns

2. Unit-Linked Insurance Bonds (ULIP-type)

In this type of bond, your investment is linked to the market, i.e. invested in equity or debt funds.

Possibility of high returns, but risk is also high
Suitable for long-term investors
Both insurance cover + market returns

Example: HDFC Life Sanchay Plus ULIP option

3. With-Profit Insurance Bonds

These bonds give a share in the profits of the insurance company. You can get additional benefits in the form of bonus or fair revision.

Bonus is usually declared annually
Balance of risk and return
Possibility of good returns in the long term
Offered by large insurance companies

4. Offshore or International Insurance Bonds

These are especially for HNIs (High Net-Worth Individuals) who invest for global tax planning or currency diversification.

Not suitable for regular investors in India
Mostly used by NRIs living in UK, UAE or Singapore
Helpful in tax deferral and will planning

Every investor should choose the right type of insurance bond based on his risk profile, investment period and tax planning.

Key Features of Insurance Bonds

Single Premium Payment : Insurance bonds usually require the investor to invest the entire amount in one go. This makes them an easy and hassle-free option.
Life Insurance Coverage : These bonds include a limited life insurance protection, which provides the amount to the nominee on the death of the policyholder.
Lock-in period and surrender clause : These can have a lock-in period of 5 to 10 years. During this time, withdrawal of money is not possible or a penalty is levied.
Benefit of tax deferral : Capital gains tax on investment in insurance bonds is deferred until you redeem it. This can be beneficial for long-term tax planning.
Nominee facility and ease of succession : It is easy to add a nominee in these, so there is no legal hurdle in investment transfer.

Read Also: What is Government Bond

Who Should Consider Insurance Bonds?

Retired Individuals : For those who want to protect capital and save taxes after retirement, insurance bonds can be a stable option.
Non-Resident Indians (NRIs) : For NRI investors whose priority is estate planning and easy nominee transfer, these bonds are considered ideal.
Salaried Professionals : For professionals looking for some tax-efficient and safe investment other than EPF, PPF or FD, these bonds are beneficial.
High Net Worth Individuals (HNIs) : For those who need benefits like wealth transfer and tax deferral, this long-term instrument is useful.

Risks and limitations of insurance bonds

Lock-in period : Insurance bonds usually have a lock-in period of 5 to 10 years, making them unsuitable for short-term needs.
Limited liquidity : Premature surrender of bonds is not easy and may attract a penalty or charge in some cases.
Lower returns than market : ULIP-based insurance bonds are subject to market risk, while traditional plans often have fixed returns that may be lower than mutual funds.
Surrender charges : If you wish to withdraw your investment before maturity, some plans may have to pay surrender charges.
Capital not guaranteed: In bonds like ULIPs, your capital may be at risk as it is linked to equity or debt funds.

Read Also: What is Straight Bond

Insurance Bonds vs ULIPs vs Mutual Funds

Feature	Insurance Bond	ULIP	Mutual Fund
Life Cover	Yes	Yes	No
Tax Deferral	Yes	Yes	No
Lock-in	5+ years	5 years	No
Liquidity	Low	Medium	High
Risk Profile	Low to Medium	Medium to High	Varies
Goal	Estate/tax planning	Investment + Insurance	Pure investment

Tax Treatment of Insurance Bonds in India

1. Section 10(10D) exemption

If the annual premium in an insurance bond is ₹5 lakh or less, the maturity amount is tax-free. This exemption is applicable only if all the conditions are met.

2. Tax on premium exceeding limit

If the premium in a year is more than ₹5 lakh, the maturity amount of that insurance bond will be considered as “Other Income” and will be taxed as per the slab rate.

3. TDS deduction

If the maturity or surrender amount is more than ₹1 lakh, and is not exempt under Section 10(10D), then 5% TDS will be deducted on it (under Section 194DA).

4. Investment period benefits

Keeping the investment period in insurance bonds longer gives the benefit of tax deferral i.e. no tax is levied until redemption.

Conclusion

Insurance bonds are an option that provides insurance protection as well as an investment opportunity. If you are looking for a tool where the risk is low and the money is safe for a long time, then this can be an option worth thinking about. Yes, before taking a decision, definitely understand its rules, tax and lock-in aspects. A small step taken with the right information can give big benefits in the future.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Electoral Bonds Explained: What Are They and Why Did Supreme Court Ban It?
2	CAT Bonds: An Easy Explainer
3	Explainer on Green Bonds: History, Process, Pros, Cons, and Future Outlook
4	What Is Bowie Bond (Music Bonds) : History, Features, Advantages & Disadvantages
6	Secured and Unsecured Bonds: Understand the Difference
7	Detailed Guide on Bond Investing: Characteristics, Types, and Factors Explained
8	What is Coupon Bond?
9	Tax-Free Bonds: Their Features, Benefits, and How to Invest
10	What are Bond Yields?
11	Stocks vs Bonds: Difference Between Bonds and Stocks
12	What Are Corporate Bonds?

Frequently Asked Questions (FAQs)

What is an Insurance Bond?
Insurance Bond is a long-term investment that is a combination of insurance and investment.
Is Insurance Bond Safe?
Yes, it is usually safe as it also includes insurance cover.
Can I withdraw money from an Insurance Bond anytime?
No, it has a lock-in period, usually 5 to 10 years.
Are Insurance Bonds tax-free?
There is a tax benefit in some cases, but it is not completely tax-free.
Who should invest in Insurance Bonds?
People who want long-term financial security and tax planning.

September 12, 2025

Urban Company IPO Day 2: Check GMP, Subscription Status & Key Highlights

Urban Company IPO Day 2 Subscription Status

The Urban Company IPO saw an even stronger response on Day 2, with an overall subscription of 9.47 times. The Non-Institutional Investors (NII) segment led the demand at 19.14 times, followed by the retail segment at 18.64 times. The employee portion was subscribed 15.54 times, while Qualified Institutional Buyers (QIBs) continued their steady participation at 1.56 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	1.56
Non-Institutional Investors (NII)	19.14
bNII (above ₹10 lakh)	18.70
sNII (less than ₹10 lakh)	20.02
Retail Individual Investors (RII)	18.64
Employees	15.54
Total Subscriptions	9.47

Total Applications: 19,36,520

Total Bid Amount (₹ Crores): 9,910

Objective of the Urban Company IPO

Urban Company plans to utilize the net proceeds from the fresh issue for the following purposes:

Use of IPO Proceeds	Amount (₹ Cr)
Expenditure for new technology development and cloud infrastructure	190
Expenditure for lease payments for the offices	75
Expenditure towards marketing activities	90
General Corporate Purposes	–

Urban Company IPO GMP – Day 2 Update

The grey market premium (GMP) of Urban Company IPO is ₹37, as on 5:00 PM September 11, 2025. The upper limit of the price band is ₹103, and the estimated listing price as per today’s GMP can be ₹140, giving a potential gain of around 35.92% per share.

Date	GMP	Est. Listing Price	Gain
11-09-2025 (DAY 1)	₹37	₹140	35.92%

Urban Company IPO – Key Details

Particulars	Details
IPO Opening Date	September 10, 2025
IPO Closing Date	September 12, 2025
Issue Price Band	₹98 to ₹103 per share
Total Issue Size	18,44,66,018 shares(aggregating up to ₹1,900 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Urban Company IPO RHP	Click Here

Important Dates for Urban Company IPO Allotment

Event	Date
Tentative Allotment	September 15, 2025
Refunds Initiation	September 16, 2025
Credit of Shares to Demat	September 16, 2025
Listing Date	September 17, 2025

Urban Company Overview

Easy Steps to Apply for Urban Company IPO via Pocketful

Step 1 : Install the Pocketful Application 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 “Urban Company” in the list

Step 5 : Tap on Apply and enter your bid details

Frequently Asked Questions (FAQs)

What is the opening and closing date of Urban Company IPO?
Urban Company IPO is open on 10 September 2025 and will close on 12 September 2025.
What is the price band of the Urban Company IPO?
Its price band is fixed from ₹98 to ₹103 per share.
What is the GMP (Grey Market Premium) of Urban Company IPO today?
The GMP on 10 September 2025 is ₹37, which leads to a possible listing price of ₹140.
What is the total issue size of Urban Company IPO?
The total issue size of the Urban Company IPO is ₹1,900 crore, comprising a fresh issue of ₹472 crore and an offer for sale (OFS) of ₹1,428 crore.
What is the expected listing date of Urban Company?
This IPO is expected to be listed on BSE and NSE on 17 September 2025.

September 11, 2025

Best Apps for IPO Investment in India

In the first quarter of 2025, India raised US$2.8 billion through 62 IPOs, representing about 22% of global IPO activity. This rapidly growing IPO market has highlighted the importance of reliable IPO investment apps in India. It is important for investors to choose the right IPO app in India that makes the journey from application to listing simple and hassle-free. Whether you are investing in an IPO from an app for the first time or are a seasoned investor, the right platform makes the difference.

In this blog, we will explain what IPO investment apps are, how they work, and the two main ways to apply for IPOs using UPI apps and ASBA. We will also share the top 10 IPO apps in India with their features, pros, and cons to help you choose the right one for your investment journey.

Understanding IPO Investment Apps

An IPO investment platform India is an app or a platform through which you can apply, track and make post-listing decisions in an IPO all from one place. It gives you a simple interface, real-time allotment updates, and secure transactions with the help of UPI or ASBA. Such Apps make your IPO journey fast, transparent and smart, especially if you are investing in an IPO from an app for the first time.

Two major ways of investing in IPO: UPI-based apps and bank via ASBA

UPI‑based apps (Broker/FintTech Apps)

Most brokers like Pocketful Zerodha, Groww, etc. support UPI. You choose the IPO in the app, enter the UPI ID and bid details, submit the application, and set the mandate for the application from UPI application. If you are allotted the shares, the amount is deducted from the account; if not the amount is refunded. This method is fast, convenient and you will always have funds in your bank account till the allotment happens.

ASBA (Application Supported by Blocked Amount)

This system developed by SEBI allows you to block the IPO amount till the shares are allotted. When the allotment happens, you are only liable for that amount; the rest of the amount already available in the bank is released and you keep earning interest. This method is ideal for those comfortable with a traditional banking system and those who want secure transactions.

Top 10 Apps for IPO Investment in India

Pocketful
Zerodha
Upstox
Groww
Angel One
Dhan
Paytm Money
ICICIdirect
HDFC Securities
Kotak Securities

An overview of the top 10 apps for IPO investment in India is given below:

1. Pocketful

Pocketful is a modern and fast-growing trading-investment app designed specifically to make IPO investing and trading easy. Here you can apply for both Mainboard and SME IPOs via UPI in just a few steps. The app interface is responsive and user-friendly, making it extremely easy to track allotment status. Pocketful also provides IPO alerts on WhatsApp and daily newsletters with all the important details, ensuring you never miss an opportunity.

Key Features

IPO alerts on WhatsApp and daily newsletters with complete details
UPI enables a fast and secure IPO application process in just a few steps.
Mainboard and SME IPO support enables easy access to both types of IPOs.
Modern & Responsive UI lets you smoothly navigate the platform.
Zero hidden charges, zero AMC and zero delivery brokerage charges.
“Pockets” Thematic Investing sector-based investments like fintech, green energy etc.

Pros

User-friendly interface and reliable performance suitable for both beginners and experienced investors
Regular alerts and newsletters keep investors updated on all IPO opportunities
Zero-fee structure with transparent pricing makes investing cost-effective
Thematic investing (“Pockets”) enables smart and diversified portfolio building

2. Zerodha

Zerodha has made IPO investing extremely simple. With Kite and Console, you can apply for IPOs directly from UPI and the allotment process remains transparent. Zerodha also has the option to apply for SME IPOs with Mainboard. The app interface is clean and fast, so even new investors can easily apply for IPOs.

Key Features

Seamless IPO application via UPI
Support for both Mainboard and SME IPOs
Clean and user-friendly interface
Allotment updates from registrar/exchange link

Pros

Trusted and stable platform
Easy process for new investors
Access to SME IPOs

3. Upstox

Upstox has made the IPO application process extremely seamless on mobile. From the “IPO” section in the app, you can apply directly via UPI and choosing the cut-off price is also easy. The best part is that you also get the option of SME IPOs, which are shown separately in the app. Upstox sends timely notifications and reminders so that investors do not forget about mandate approval.

Key Features

Faster IPO application via UPI
Support for both Mainboard and SME IPOs
In-app reminders and alerts
Allotment status is displayed directly in the app

Pros

Easy experience for beginner investors
Timely alerts and notifications
Access to SME IPOs

4. Groww

Groww has made IPO applications straightforward and easy. The app has a clean interface and provides access to Mainboard IPOs as well as some SME IPOs. You can apply via UPI and features like IPO calendar and reminders are available. Allotment status can be easily viewed from within the app, allowing investors to track the entire process. Groww is especially great for first-time IPO investors and want a simple experience.

Key Features

UPI-based application
IPO calendar and reminders
Support for Mainboard and some SME IPOs
Allotment updates in-app

Pros

Easy interface for new investors
Never miss an issue with reminders
User-friendly experience

5. Angel One

Angel One not only provides IPO investors with information about the application process but also the pre-application process. The IPO section of the app gives you information like company highlights, price band and business summary. This helps investors take informed decisions. Here you can apply via UPI and also check allotment updates easily. Angel One is ideal for investors who like to read research and basic insights before investing in an IPO.

Key Features

UPI support for IPO application
Detailed IPO summaries and insights
Mainboard and SME IPO options
Allotment updates easily available

Pros

Research and insights available
Helps in making informed decisions
User-friendly platform experience

6. Dhan

Dhan app is good for those investors who apply for an IPO and also focus on listing-day trading. Here you can apply quickly through UPI and get allotment information on time. The specialty of Dhan is that it offers features like advanced charting and GTT orders, so that you can plan in advance on listing-day and sell or hold shares. If you are an active trader, then this app will be right for you.

Key Features

UPI based IPO application
Fast allotment updates
Advanced charts and GTT orders
Mainboard and SME IPO option

Pros

Best for active traders
Fast and clear allotment updates
Listing-day planning is easy

7. Paytm Money

Paytm Money is strong in providing alerts and reminders to IPO investors. Here you can apply through UPI and get features like IPO calendar and watchlist. Allotment status can also be easily tracked in the app. SME IPO coverage is limited, but alerts and notifications make it ideal for investors who want to apply for IPOs even amidst a busy schedule.

Key Features

IPO application through UPI
IPO calendar and watchlist
In-app allotment tracking
Alerts and reminders

Pros

Never miss an IPO with alerts
Easy and clean interface
Convenient for new investors

8. ICICIdirect

ICICIdirect is a bank-linked platform that allows investors to apply for IPOs using both UPI and ASBA methods. One of its biggest advantages is that allotments and refunds can be tracked directly through the linked bank account. The platform supports applications for both Mainboard and SME IPOs, making it suitable for investors who value convenience, security, and trust.

Key Features

Support for both UPI and ASBA applications
Ability to apply for Mainboard and SME IPOs
Allotment and refund updates directly through the bank account
Reliable and secure banking ecosystem

Pros

Strong trust due to banking association
Transparent allotment and refund process
Access to both Mainboard and SME IPOs

9. HDFC Securities

HDFC Securities is also a bank-based platform that allows IPO applications via both UPI and ASBA. Its biggest feature is that allotment and refund information is clearly visible in the bank ledger. The benefits of strong customer support and banking ecosystem make it perfect for investors who value stability and security.

Key Features

Apply via both UPI and ASBA
Allotment updates in bank ledger
Mainboard and SME IPO support
Strong customer support

Pros

Trust in banking
Transparency in allotment and refund
Easy process

10. Kotak Securities

Kotak Securities is a combination of banking and broking where you can apply for IPOs through both UPI and ASBA. You get access to Mainboard and SME IPO and allotment status can be easily tracked through the bank channel. This platform is good for investors who are already associated with Kotak Bank and want to avail banking and investment services at one place.

Key Features

IPO application through both UPI and ASBA
Option to access both Mainboard and SME IPO
Allotment status tracked through bank channel
Integrated banking + investing

Pros

Banking and broking under one roof
SME IPO support
Reliable and stable experience

Key Factors to Evaluate Before Choosing an IPO Platform

Choosing the right IPO investment platform India is as important for the investor as choosing the right IPO. A good platform makes your entire journey from application to allotment and listing easy and reliable. Below are some key points to consider:

Easy application process : The platform should have a seamless UPI-based flow, where the cut-off price option is clearly visible and the entire process is completed in a few clicks.
Transparency of allotment : The right platform is the one that shows you real-time status, UPI mandate reminders and clearly states the refund status.
Coverage (Mainboard + SME IPO) : Not all apps offer SME IPO. Hence, it is important to check whether your chosen IPO online app also offers the option to apply for India SME IPO.
Charges and fees : Always compare delivery, sell, DP charges and other hidden charges. Even small fees impact listing gains.
Reliable performance : The server load is high during peak IPO days. A reliable platform prevents downtime and ensures smooth operation.
Help and support : Dedicated IPO desk or responsive customer care is a great help in case of any technical or refund issue.
Additional features : Tools like IPO calendar, alerts, research snippets and market insights further enhance the user experience.

Read Also: Best Trading Apps in India

Common Mistakes to Avoid

Some of the common mistakes to avoid while applying for an IPO is given below:

Not getting UPI Mandate approved on time : Many investors apply but forget to approve the UPI mandate. As a result, their application does not move forward. Always get approval before the cut-off time.
Relying too much on Grey Market Premium (GMP) : GMP is only an informal indication, it does not guarantee the future. Instead of applying only by looking at GMP, also pay attention to the fundamentals and business model of the company.
Not planning for Listing Day : Many investors are unable to decide whether to hold or sell shares after allotment. It is better to decide your strategy in advance, profit booking or long-term hold.
Choosing the wrong platform : Not every platform supports SME IPOs. If you want to invest in SME, make sure that your chosen IPO investment platform India offers this facility.

Conclusion

Applying for an IPO today is simple, and choosing the right platform makes all the difference. Pocketful is designed to make IPO investing seamless for everyone, whether you are a beginner or an experienced investor. With its fast UPI-based application process, support for both Mainboard and SME IPOs, zero hidden charges, and an easy-to-use interface, Pocketful ensures a smooth journey from application to listing. If you want a modern, reliable, and cost-effective way to invest in IPOs directly from your mobile, Pocketful is the platform to choose.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	10 Best Paper Trading Apps in India
2	Best UPI Apps in India
3	Best Share Market Learning Apps in India
4	10 Best Stock Market Simulators for Beginners – Platforms and Apps
5	10 Best Apps for SIP Investment in India
6	Top 10 AI Tools for Stock Market Analysis
7	Best Brokers for Low Latency Trading in India

Frequently Asked Questions (FAQs)

Which is the best IPO platform?
Pocketful is one of the best IPO platforms for both beginners and experienced investors.
Can I apply for an IPO through UPI?
Yes, nowadays most of the IPO applications are done through UPI.
Does every app offer an SME IPO?
No, only a few apps support SME IPO like Pocketful.
Is allotment guaranteed by applying a cut-off price?
No, allotment is done through lottery system, cut-off only increases your chances.
How to check IPO status?
You can check the allotment from your app, bank portal or registrar’s website.
Can I get an IPO without a Demat account?
No, Demat account is necessary for applying for an IPO.

September 11, 2025

Best Apps & Tools for Option Chain Analysis in India

Options trading in India is growing rapidly today and every trader needs reliable data to make the right decisions. This is where apps and platforms with the best option chains help the most. These apps give you important information like OI (Open Interest), IV (Implied Volatility), strike prices, etc. If you are wondering which is the best option chain app in India or the best app for option chain analysis, then this blog is for you.

What is an Option Chain?

An option chain is a comprehensive table that displays all Call (CE) and Put (PE) options for a particular stock or index. It provides key details such as the strike price, Open Interest (OI), Implied Volatility (IV), Last Traded Price (LTP), etc., all on a single screen.

Traders look at this data and try to make an estimate in which direction the market can go. Suppose OI is continuously increasing in the Call option at a particular strike price on the expiry day, then it indicates that resistance is being formed at that level. On the other hand, if the OI is high in the Put option, then it means that the support level can be strong.

This information is very helpful for intraday and short-term traders because it gives them an idea of both trend and sentiment. But because this data is quite extensive and technical, traders now rely more on the best option chain app or option chain analysis app, which converts all these numbers into easy insights.

10 Best Apps & Tools for Option Chain Analysis in India

App/Tool	Best For	Key Features
Pocketful	From beginners to advanced and active traders	Clean option chain, Greeks, Algo trading, MCP, technical analysis tools, etc.
Sensibull	From beginners to intermediate traders	Strategy builder, payoff diagrams, screener, OI & IV charts, broker integration
Opstra (Definedge)	Advanced and professional traders	IV analysis, backtesting, historical data, payoff graphs, custom strategies
NSE Option Chain	Those looking for authentic data	Raw option chain, OI, LTP, volume, strike-wise details
Quantsapp	Active intraday and short-term traders	OI buildup, IV charts, option chain heatmaps, option writing analysis
Nifty Trader	Beginners looking for free and basic tools	Free option chain, option strategy payoff charts, PCR and OI analysis
Stolo	Tech-savvy traders who prefer AI-driven insights	Option chain signals, smart alerts, advanced charting tools
TalkOptions	Traders focused on strategies and learning	Multi-leg strategy builder, option chain analysis, learning resources
Tradingtick	Intraday and F&O traders who want reliable data	Real-time option chain, OI/IV charts, etc.
TradingView	Traders who rely on charts & advanced technical tools	Advanced charting platform, option data, technical indicators

Overview of Best Option Chain Apps & Tools in India

An overview of the best option chain apps & tools in India is given below:

1. Pocketful

Pocketful is a modern and user-friendly broker that is fast becoming popular among active intraday users. It offers advanced charting tools along with an easy-to-use option chain. The Pocketful app has a smooth user interface and provides real-time market data that is always updated. It has in-built technical indicators, which help traders plan their strategies better. By leveraging Pocketful’s free APIs and MCP, the app enables cost-effective trading across options, equities, and other markets.

Key Features

Real-time option chain data (OI, IV, Greeks)
Technical tools
Algo trading support and MCP
Flat ₹20 per order for F&O trading

Pros

Smooth and easy-to-use interface
Suitable for both beginners and intraday traders
Low brokerage and advanced trading tools
Advanced technical tools

Cons

Being a relatively new platform, Pocketful is still evolving, which means users benefit from frequent updates and new features.

2. Sensibull

Sensibull is said to be the preferred choice of beginners in the world of options trading. Its best feature is its clean and simple interface, which makes it easy to understand the option chain. It has tools like strategy builder and payoff chart, with which you can visualize the result of your trading positions even before trading. Along with this, the option of virtual trading is also given, where practice can be done without risking money. Direct integration with brokers like Zerodha makes it even more useful because it becomes easy to trade immediately after analysis.

Key Features

Real-time option chain data
Strategy builder and payoff charts
Virtual trading practice
Easy execution with broker integration

Pros

Easy and clean interface for beginners
Facility to practice without risk
Direct broker integration

Cons

Free version has many limitations
Paid plans required for advanced tools

3. Opstra (Definedge)

Opstra is considered a great option chain platform for serious and professional options traders. Its focus is not just on showing the option chain, but it also offers detailed features like IV charts, payoff graphs and strategy builder. Its biggest strength is backtesting and historical data analysis, which allows you to test your strategies first and then apply them in the real market. This is why it is preferred by traders doing data-driven trading. Yes, its interface may seem a bit complex to beginners, but with practice it proves to be powerful.

Key Features

IV charts and payoff graphs with option chain
Strategy builder and advanced analytics tools
Historical data and backtesting support
Detailed insights for professional traders

Pros

Ideal for in-depth analysis
Opportunity to test strategies with backtesting
Professional level tools available

Cons

Interface can be a bit complex for beginners
Premium features are available only in paid subscription

4. NSE Option Chain (Official)

The official option chain platform of NSE is the most trusted source for traders who want to see raw and authentic data. It provides complete details of call and put contracts at every strike price, such as OI, volume, LTP and change in OI. Since it comes directly from the exchange, there is no doubt about the data accuracy. Although the interface is a bit basic and it does not offer advanced tools like charts or strategy builder, it is still the most used source for reference and data verification.

Key Features

Strike-wise option chain with OI, volume and LTP
Data directly from NSE exchange
Free access without any subscription

Pros

Most authentic and reliable data
Completely free to use
Perfect for reference and cross-check

Cons

Interface is functional and designed for data accuracy rather than advanced analytics

5. Quantsapp

Quantsapp is one of the most widely used dedicated options trading apps in India. It is especially popular among intraday and active traders as it offers advanced tools like option chain with OI buildup, IV charts and option writing analysis. Its interface is mobile-friendly and the charts show insights in detail. The biggest strength of Quantsapp is its real-time heatmaps and build-up analysis, which helps traders quickly get an idea of support and resistance levels. However, the free version offers very limited features, and a subscription is required to use the best tools.

Key Features

Option chain with OI buildup and IV charts
Real-time heatmaps and option writing analysis
Mobile-friendly charts and data visualization

Pros

Very useful for active intraday traders
Heatmap and buildup analysis clearly shows the trend
Smooth and fast mobile app

Cons

Very limited features in the free version
Subscription required for advanced tools

6. Nifty Trader

Nifty Trader is a trusted platform designed for F&O traders. It provides real-time information like OI, IV, PCR, Max-Pain and Greeks along with an option chain. Apart from this, there is also an options screener, OI buildup charts and simulator/backtesting tools to test strategies first. Its free version is quite useful for beginners, but advanced tools and ads-free experience are available only in paid plans.

Key Features

Real-time option chain and OI analysis
PCR, Max-Pain, IV and Greeks charts
Options screener and simulator/backtesting

Pros

Comprehensive F&O data
Opportunity to test strategies without risk

Cons

Advanced tools only in paid plans
Limitations in free version

7. Stolo

Stolo is one of those apps that tries to give all the necessary tools to options traders in one place. In this, you get to see option chains as well as OI analysis and different live charts. The special thing is that features like strategy builder, trading journal and trade automation are also present in it. That is, you can not only analyze data, but also create your own strategies, apply them and review them later. Its interface is modern and useful for everyone from active intraday to positional traders.

Key Features

Option chain and OI analysis
20+ live market analysis tools
Strategy builder and trading journal
Trade automation support

Pros

Analysis, execution and review all in one place
Real-time and advanced tools
Suitable for different trading styles

Cons

Limited features in free version
For new users, the interface may seem a bit complex in the beginning

8. TalkOptions

TalkOptions is an app that focuses on making options trading easier as well as educating traders. It offers features like option chain analysis, multi-leg strategy builder and payoff chart. One of the special features of the app is that it also conducts regular webinars and learning sessions, so that new traders can understand the strategies practically. Its interface is simple and the tools are given in an organized manner, so it can be used by both beginners and intermediate users. Yes, a paid subscription is required to take full advantage of the advanced features.

Key Features

Option chain analysis and payoff chart
Multi-leg strategy builder
Regular webinars and learning resources
User-friendly interface

Pros

Learning support for beginners
Facility to create and visualize strategies
Clean and easy interface

Cons

Features limited in free version
Premium tools and learning sessions available only in paid subscription

9. TradingTick

TradingTick is one of the platforms that helps F&O traders to see small-to-micro price movements. It has features like OI changes along the real-time option chain, OI data at 15- and 60-minute intervals, and backed-by tick-level analysis. Its interface is designed so that day traders and scalpers can understand and react instantly to local market movements. Although its structure may seem overwhelming to some users at first, the real-time data insights make it stand out from other apps.

Key Features

OI changes at 15, 60 and daily intervals for NIFTY and BANK NIFTY
Real-time option chain plus tick-level insights (phase-by-phase OI movements)

Pros

Intraday and scalping-focused traders get micro-level market signals
Better understanding of the right cycle of trades and market structure

Cons

Interface may seem technical to some users, but becomes easier with practice
Overall features are not as comprehensive as full-stack trading platforms

10. TradingView

TradingView is the world’s most popular charting platform, which is also widely used by traders in India. Its specialty is its powerful technical charts and many indicators, with which you can track even the smallest movement of the market. For option traders, it also provides features like option chain data and OI analysis through add-ons. TradingView’s community feature is also very useful, where traders share their strategies and charts. Basic tools are available in the free version, but the full benefit of advanced indicators, multiple charts and real-time alerts is available in paid plans.

Key Features

Advanced technical charting and indicators
Option chain data via add-ons
Customizable alerts and multiple watchlists
Active trader community support

Pros

Most reliable and globally trusted charting tool
Useful for both beginners and advanced traders
Opportunity to learn from the community and share strategies

Cons

Many limitations in the free version
Options-specific features are dependent on add-ons

Key Features to Look for in the Best Option Chain App

Some of the key features to look for in the best option chain platform are:

Real-time data : The biggest requirement of a good option chain analysis app is live and accurate data. Even a delay of seconds can change the outcome of the trade. Therefore, the app should be such that it updates OI, IV and price every moment.
OI and Volume Analysis : Open Interest (OI) and Volume help you understand at what level the market can create support or resistance. The right app should show both of these in easy charts and graphs.
IV and Greeks Data: IV along with Greeks like Delta, Theta, Gamma help the trader understand the risk associated with a particular strike price. This feature is important for advanced trading.
Easy and clean interface : No matter how good the data is, if the interface is complex then it is of no use. A good app should be such that even a beginner can use it without any problem.
Direct connection with brokerage : If the app connects to your brokerage account, then it becomes easy to place a trade directly after analysis. This feature is important to save time and speed up execution.
Advanced tools and alerts : Just viewing the option chain is not enough. Features like strategy builder, payoff charts, alerts and screeners make an app complete and add value for professional traders.

How to use Option Chain Analysis Apps?

Do not rely on only one indicator : While reading the option chain, just looking at OI or volume does not give the complete picture. It would be better to understand the trend by combining OI, volume and IV.
Cross-check the data : Sometimes there may be slight latency in the apps. Therefore, it would be wise to compare the data of your chosen app with the official option chain of NSE.
Use the strategy builder : Instead of trading directly, first use the strategy builder or payoff chart. This will enable you to visualize both risk and reward in advance.
Start with paper trading : If you are new, then do virtual or paper trading before investing real money. This will enable you to practically test your understanding of the option chain and increase your confidence.
Take advantage of alerts and notifications : Many apps give alerts on strike price, OI build-up or IV changes. By setting these you will not have to miss the market movements.

Read Also: Best Trading Apps in India

Conclusion

Option chain analysis is the most important tool for making the right decisions in options trading. There are many apps and platforms available in the market today, but it is important to choose the right one for your needs. From new apps like Pocketful to established tools like Sensibull and Opstra, each platform has its own specialty. If beginners want an easy to use interface with advanced tools and AI insights, then Pocketful is a great option. By choosing the right app, you can make your trading not only easier, but also more accurate and smarter.

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4	10 Best Stock Market Simulators for Beginners – Platforms and Apps
5	10 Best Apps for SIP Investment in India
6	Top 10 AI Tools for Stock Market Analysis
7	Best Brokers for Low Latency Trading in India

Frequently Asked Questions (FAQs)

Which is the best app for option chain analysis in India?
Pocketful is considered the best app for option chain analysis in India.
Are free option chain apps reliable?
Yes, the NSE option chain is reliable but offers limited features.
Which app is best for beginners in option trading?
Pocketful is the best and most useful option chain app for beginners.
Do broker apps provide an option chain?
Yes, Pocketful and other broker apps provide an option chain for easy analysis.
Should I depend only on option chain data for trading?
No, technical analysis is also important along with the option chain.

September 11, 2025

Margin Trading vs Short Selling – Key Differences

What if you could borrow money to buy more stocks and multiply your gains? Or imagine selling shares you don’t even own, betting their price will fall so you can buy them back cheaper later. Yes, the Indian financial markets offer you these opportunities and these intriguing strategies are known as margin trading and short selling. While both offer unique opportunities to potentially boost your returns (or losses), they operate in fundamentally different ways.

Today, we are going to explore the difference between margin trading and short selling. We will look at what it means to be buying on margin vs short selling, and understand the unique ways these powerful tools work.

What is Margin Trading?

Margin trading is the practice of buying securities with borrowed funds from a broker, allowing investors to trade larger positions than their own capital permits. Let’s say you are looking at shares of a company named ABC and you strongly believe their price will go up. You have some money, let’s say Rs.25,000, but you wish you could buy more shares to get a bigger profit. This is where margin trading steps in, it is like taking a small loan from your stockbroker to buy more shares than your own cash would allow. You put in a part of the money, and your broker lends you the rest. This way, you get to control a larger number of shares, effectively increasing your purchasing power.

Let’s look at a simple example to see how your gains (or losses) can grow. Suppose you have Rs.25,000 and borrow Rs.75,000 to buy shares worth Rs.1,00,000. If the shares go up by 10% (from Rs.1,00,000 to Rs.1,10,000), your profit is Rs.10,000. On your initial Rs.25,000, this is a 40% return.

However, if the value of your shares fall by 10% (from Rs.1,00,000 to Rs.90,000), your loss is Rs.10,000. This means you lost 40% of your initial Rs.25,000. This illustrates how margin trading can amplify both profits and losses. When an investor borrows money to increase their buying power, any percentage change in the stock price applies to the total value of the position, not just the investor’s initial capital.

What is Short Selling?

Short selling is the practice of selling borrowed securities in anticipation of a price decline, with the aim of buying them back later at a lower price to return to the lender and profit from the difference. Imagine you are watching a company named XYZ and you have a strong feeling that its share price is going to drop because of some reports and news. Most people buy shares hoping they will go up. But what if you could make money when prices go down. This is exactly what short selling allows you to do.

Let’s look at a simple example, suppose you think the shares of XYZ, currently trading at Rs.150 will fall. You borrow 100 shares and sell them for Rs.15,000. Later, the price drops to Rs.120. You buy 100 shares for Rs.12,000. You return the shares and your profit is Rs.15,000 – Rs.12,000 = Rs.3,000 (minus broker fees).

But if the price goes up to Rs.180, you still have to buy them back at Rs.180 to return them. Your loss would be Rs.15,000 – Rs.18,000 = – Rs.3,000. This illustrates a critical aspect of short selling, the possibility for losses can be unlimited. Unlike buying a stock where losses are capped at the initial investment, there is theoretically no upper limit to how high a stock price can rise.

Margin Trading vs. Short Selling

Now that we understand what margin trading and short selling are individually, let’s look at how they are different. Even though both involve using borrowed funds or shares, their goals and how they work are quite opposite. This will help you clearly see the distinction between buying on margin vs short selling.

Market Outlook

Margin Trading : You use this strategy when you are hopeful (optimistic) about a stock. You believe its price will go up.
Short Selling : You use this when you are cautious or pessimistic about a stock. You believe its price will go down.

How You Make Money

Margin Trading : You make money when the price of the shares you bought goes up.
Short Selling : You make money when the price of the shares you sold (which you borrowed) goes down, allowing you to buy them back cheaper.

Using Borrowed Funds

Margin Trading : You borrow money from your broker to buy more shares.
Short Selling : You borrow shares from your broker to sell them, even though you do not own them.

This table will help you quickly understand the main differences between these two strategies.

Feature	Margin Trading	Short Selling
Market Outlook	Expecting price to increase	Expecting prices to fall
Mechanism	Money is borrowed to increase purchasing power	Securities are borrowed and sold
Profit Conditions	Profit from rising stock price	Profits are earned with declining stock price
Risk	Losses can exceed initial investment, but are limited	Unlimited loss potential
Market Conditions	Works well in bullish market	Great during bearish market

Advantages and Disadvantages

Every trading strategy in the market comes with its own set of benefits and risks. Both margin trading and short selling are no different. Understanding their upsides and downsides is crucial before you use them.

Advantages of Margin Trading

Increased Buying Power : The biggest advantage is that you can buy more shares than your own money would allow. This means you can participate in larger trades, potentially leading to higher returns.
Potential Profits : If the stock price moves in your favor, your profits can be much higher than if you had only used your own money. The leverage amplifies your gains.
More Flexibility : It gives you quick access to funds. You can take advantage of short-term market opportunities without having to sell your existing investments.

Disadvantages of Margin Trading

Magnified Losses : Just as profits are amplified, so are losses. If the stock price falls, you can lose much more than your initial investment.
Interest Payments : The money you borrow from your broker comes with interest charges. These costs can eat into your profits, especially if your gains are small or if you hold the position for a long time.
Risk of Margin Calls & Liquidation : If your investment drops significantly, you might get a ‘margin call’ asking for more money. If you cannot pay, your broker can sell your shares, leading to forced losses.

Short Selling Advantages

Profits : This is unique as short selling allows you to make money even when the overall market or a specific stock is going down. This is very useful in a ‘bearish’ market.
Hedging : You can use short selling as a protective shield for your existing investments. If you own many shares, short selling a few related ones can help reduce your overall risk if the market drops.
Fair Prices : Short sellers often bet against companies they believe are overvalued. This activity helps bring down inflated stock prices, making the market more fair and efficient.

Short Selling Disadvantages

Unlimited Losses : This is the biggest and most serious risk. Unlike buying a stock where you can only lose what you invested, a stock’s price can theoretically rise endlessly. This means your losses from short selling could be much, much larger than you expect.
Margin Calls : If the price of the stock you shorted starts to rise sharply, your broker will likely issue a margin call, asking for more funds.
Knowledge & Timing : Short selling is complex, it requires deep research, accurate predictions, and excellent timing. It is generally not for beginners.

Conclusion

You now understand the core difference between margin trading and short selling, and what it means when people talk about buying on margin vs short selling. Both strategies offer unique ways to potentially make money in the stock market, whether you are hopeful about rising prices or cautious about falling ones.

However, it is very important to remember that both these strategies involve using borrowed money or shares. This means they can amplify your profits, but they can also dramatically increase your losses. They are not for everyone, especially not for those new to the market. Always approach them with a clear mind, thorough research, and a strong understanding of the risks involved. Your financial journey is unique, and what works for one person might not work for another.

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Frequently Asked Questions (FAQs)

Do every stock broker provide margin trading and short selling facility?
No, not all stock brokers offer these facilities. To engage in margin trading, you need a broker that provides a ‘Margin Trading Facility’ (MTF). For both margin trading and short selling, you will need to open a special ‘margin account’ with your broker.
How much shall I invest to start margin trading?
There is not one fixed amount, as it depends on your broker’s rules and the price of the shares you want to buy. Brokers usually ask for an ‘initial margin’, which is a percentage of the total value of the shares (often around 20% to 25% for stocks).
In India, is short selling limited to intraday trades?
For regular stock trading (cash segment) by retail investors in India, short selling is generally restricted to ‘intraday’ trading. This means you must close your position (buy back the shares) by the end of the same trading day.
How can I mitigate risks?
These strategies carry high risks, so protecting your money is very important. Start small, use stop loss orders, avoid over leveraging, research thoroughly, monitor regularly, maintain sufficient funds.
Are profits from margin trading and short selling taxable?
Yes, both are taxable. Profits or losses are treated as business income or capital gains depending on how frequently you trade, and you are required to report them while filing taxes.

September 11, 2025

Blog

Meaning of Indemnity Bond

Features of Indemnity Bond

Importance of using an Indemnity Bond

Calculation of Stamp Duty on Indemnity Bond

Difference between Affidavit and Indemnity Bond

Types of Indemnity Bond

1. Indemnity bond for property

2. Indemnity bond for banks

3. Loss of Share Certificates

4. Loan Repayment

Conclusion

Frequently Asked Questions (FAQs)

Can an indemnity bond be legally enforceable?

Which party prepares the indemnity bond?

What is an indemnity bond?

When an indemnity bond is required?

What is the difference between an affidavit and an indemnity bond?

What are Non-Convertible Debentures?

Features of Non-Convertible Debentures

Types of Non-Convertible Debentures

1. Secured

2. Unsecured

3. Listed

4. Unlisted

5. Long-term

6. Short-term

7. Callable

8. Putable

How to Buy Non-Convertible Debentures

1. Primary Market

2. Secondary Market

Factors to Consider Before Investing in Non-Convertible Debentures

Conclusion

Frequently Asked Questions (FAQs)

What is the full form of NCD?

What is the taxation on NCD?

Is there any option through which an NCD can be sold before maturity?

Can an NRI invest in NCDs in India?

How to get the money in case of maturity of NCDs?

Urban Company IPO Day 3 Subscription Status

How to Check Urban Company IPO Allotment Status

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

Method 2: Check from BSE or NSE’s website

Objective of the Urban Company IPO

Urban Company IPO GMP – Day 3 Update

Urban Company IPO – Key Details

Important Dates for Urban Company IPO Allotment

Urban Company Overview

Frequently Asked Questions (FAQs)

What is the opening and closing date of Urban Company IPO?

What is the price band of the Urban Company IPO?

What is the GMP (Grey Market Premium) of Urban Company IPO today?

What is the total issue size of Urban Company IPO?

What is the expected listing date of Urban Company?

Why Read Books on Mutual Funds?

10 Best Books on Mutual Funds in India for Beginners

1. Common Sense on Mutual Funds – John C. Bogle

2. The Little Book of Common Sense Investing – John C. Bogle

3. The Four Pillars of Investing – William J. Bernstein

4. The Intelligent Investor – Benjamin Graham

5. The Coffeehouse Investor – Bill Schultheis

6. Indian Mutual Funds Handbook (5th Edition) – Sundar Sankaran

7. Mutual Funds – Ladder to Wealth Creation – Vivek K Negi

8. How to Make a Fortune Through Mutual Funds: Hunt with the Hounds – Ashu Dutt

9. Mutual Funds For Dummies – Eric Tyson

10. Mutual Funds Made Easy – Gerard W. Perritt

Conclusion

Frequently Asked Questions (FAQs)

Are these books useful for Indian investors?

Which book should I start with as a beginner?

Do these books talk about SIPs?

Do I need to read all 10?

Can I buy these books easily in India?

What are War Bonds?

How do War Bonds work?

Key Features of War Bonds

History and Role of War Bonds in India

War Bonds vs. Normal Government Bonds

History of War Bonds and Global Examples