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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Nandu who wrote (3718)2/14/1999 8:38:00 AM
From: Mohan Marette  Respond to of 12475
 
Brokerage commission & Fee Schedule

Anil:

Here is my borker's charges & fees etc.


BROKERAGE COMMISSION & FEE SCHEDULE


DEPOSITORY TRADING - BROKERAGE COMMISSION SCHEDULE 

TRADE AMOUNT  DISCOUNT  IPO ACCOUNT  MONEY MNGT 
0 - 100,000  1.25%  1.25%  0.70% 
100,000+  1.00%  1.00%  0.60%

Notes: Minimum Brokerage: 20 paisa per share for
shares below Rs. 10 and 40 paisa per share for
shares above Rs.10 or Rs.80/transaction whichever is more.

Depository Trading is available in over 300 stocks.
For more information on DEPOSITORY TRADING and a
LIST of securities on the Depository click here .
For a list of securities in which trading is
available ONLY on the Depository, please click here


PHYSICAL SHARES - BROKERAGE COMMISSION SCHEDULE 

TRADE AMOUNT*  DISCOUNT  IPO  MONEY MNGT 
0-100,000  1.25%  1.25%  1.00% 
100,001-300,000  1.00%  1.00%  0.75% 
300,000+  0.85%  0.80%  0.65%


Notes: Minimum Brokerage: 20 paisa per share for
shares below Rs. 10 and 40 paisa per share for
shares above Rs.10 or Rs. 80/transaction whichever is more.

Delivery Based Transactions require physical delivery
of share certificates to the broker on sale and
registration of physical securities with the company
on purchase. Alternatively, we can hold your securities
in custody (custodial charges apply).

* Trade Amount/Value per settlement (i.e. 7 days
beginning Wednesday and ending on the next Tuesday)

For Shares purchased in a IPO using an application
form with our broker code (23-08038), there is a 25%
discount on the above brokerage rates when you sell
the IPO shares.


NON DELIVERY TRANSACTIONS - BROKERAGE COMMISSION SCHEDULE 

TRADE AMOUNT*  DISCOUNT  IPO ACCOUNT  MONEY MNGT 
0-100,000  0.25%  0.25%  0.15% 
100,001-500,000  0.20%  0.20%  0.10% 
500,001+  0.15%  0.15%  0.10%

Notes: Minimum Brokerage: 10 paisa per share or
Rs. 50/transaction whichever is more .

Non Delivery Based Transactions are transactions
that are "squared off" or settled within the same
settlement cycle. For example if you buy 100
shares of ITC on Wednesday and sell 100 shares of
ITC by Tuesday your net position in ITC is -0-.
A settlement cycle begins on Wednesday and ends on
Tuesday next week (7 days).
Legend:

1) The Commission Schedule applies to Discount
Brokerage Accounts and Full Service Brokerage
Accounts only. Money Management Accounts are
managed by DUTT CAPITAL ADVISORS and there is an
additional money management fee. Please see
the DUTT CAPITAL ADVISORS page on this website.

2)Brokerage is a % of daily transaction amount

4) All Transactions require margin deposits of
50% before placing trades (This amount is over
the security deposit of Rs.10,000 for Discount
Brokerage Accounts and Rs.20,000 for Full Service
Brokerage Accounts).
IMPORTANT: SECURITY DEPOSIT HAS BEEN WAIVED FOR
ACCOUNTS OPENED ON OR BEFORE JULY 31, 1998

5) Other charges may apply on special client
requests like faxes/courier etc



SERVICE FEE SCHEDULE

SERVICE DISCOUNT BROKERAGE IPO ACCOUNT MONEY MANAGEMENT OTHERS(1)
IPO Form Mailing Charges Rs.2000/yr Rs.2000/yr Free Rs. 2000/yr
Mutual Fund/Other Investment Product Mailing Charges Rs. 11/mailing (First 3 requests free) Rs. 11/mailing (First 5 requests Free) Free Rs. 600/yr
Depository/Securities Account Opening Rs. 500 Rs. 500 Free Rs. 600
IPO Applications Under Power of Attorney Rs.200 Rs.200 Free Rs.300
Repatriation Account setup (Including RBI permission) Rs. 10,000 Rs. 10,000 Rs. 5000 Rs. 12,000
PAN/GIR/Tax ID # setup Rs. 1,500 Rs. 1,500 Rs.500 Rs. 2000
Converting Physical Shares to Depository Format Rs. 500/request Rs. 400/request Free Rs.700/request
Registering Power of Attorney (POA) with company on your behalf Rs. 300/request Rs.200/request Free Rs. 500/request
Safe Custody charges for Physical Shares Rs.3/certificate Rs. 3/certificate Free N/A




To: Nandu who wrote (3718)2/14/1999 9:06:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Indian Securites available for Depository Trading.

Anil:

Please note more companies being added to this category and the list
is constantly updated.

INDIAN SECURITIES AVAILABLE FOR DEPOSITORY TRADING.

ACC Ltd.
Gujarat State Fert. & Chemicals Ltd.
Parrys' Confectionery Ltd.

Adam Comsof Ltd.
HCL Infosystems Ltd.
pentafour Software & Exports Ltd.

Advani Oerlikon Ltd.
HDFC Bank Ltd.
Pfizer Ltd.

Alok Textile Ind. Ltd.
HDFC Ltd.
Piramal Holdings Ltd.

Alastom Ltd.
Hero Honda Motors Ltd.
Praj Ind. Ltd.

Anagram Fin. Ltd.
Himatsingka Seide Ltd.
Prism Cement Ltd.

Apcotex Lattices Ltd.
Hindalco Ind. Ltd.
Procter & Gamble (I) Ltd.

Apple Credit Corp. Ltd.
Hindustan Inks & Resins Ltd.
Punjab National Bank

Apple Fin Ltd.
Hindustan Lever Ltd.
Punjab Tractors Ltd.

APR Ltd.
Hindustan Motors Ltd.
Punjab Wireless Systems Ltd.

Aptechh Ltd.
Hindustan Organic Chemicals Ltd.
Rassi Cement Ltd.

Arvind Mills Ltd.
Hindustan Petroleum Ltd.
Ranbaxy Laboratories Ltd.

Arvind Polycot Ltd.
HMT Ltd.
RCF Ltd.

Asea Brown Boveri Ltd.
Hoechst Morion-Roussel Ltd.
Reliance Capital Ltd.

Ashok Leyland Fin. Ltd.
Hoganas (I) Ltd.
Reliance Industrial Infrastructure Ltd.

Ashok Leyland Ltd.
Hotel Leelaventure Ltd.
Reliance Ind. Ltd.

Asian Paints (I) Ltd.
HUDCO (15 Infrastructure Bonds)
Reliance Petroleum Ltd.

Asatra-IDL Ltd.
HUDCO (Series VIII, Series IX(a) & Series IX (b)
Rohne Poulenc (I) Ltd.

Atul Ltd.
IBP Co. Ltd.
RPG Cables Ltd.

Bajaj Auto Ltd.
ICI (I) Ltd.
Sabero Organics Gujarat Ltd.

Balmer Lawrie & Co. Ltd.
ICICI Banking Ltd.
Sangai Polyesters Ltd.

Balrampur Chini Mills Ltd.
ICICI Ltd.
Sesa Goa Ltd.

Bank of Baroda
IDBI
Shree Cements Ltd.

Bank of India
IFCI Ld.
Shree Digvijay Cement Co. Ltd.

Bata (I) Ltd.
IG Petrochemicals Ltd.
Shree Krishna Petro Yarns Ltd.

Bharat Electronics Ltd.
India Foils Ltd.
Shree Krishna Polyester Ltd.

Bharat Petroleum Corpn. Ltd.
India Securities Ltd.
Siemens Ltd.

Binani Ind. Ltd.
Indian Aluminium Co. Ltd.
Smithkline Beecham Consumer Healthcare Ltd.

Birla Global Fin Ltd.
Indian Oil Ltd.
Smithkline Beecham Pharma. (I) Ltd.

Blow Plast Ltd.
Indian Rayon & Ind. Ltd.
Sonata Software Ltd.

Bongaigaon Ref. & Petrochem. Ltd.
Indo Gulf Ltd.
Soundcraft Ind. Ltd.

BPL Engineering Ltd.
Indo Rama Synthetics (I) Ltd.
Southern Petrochemical Ind. Ltd.

BPL Ltd.
IndusInd Bank Ltd.
SPIC Electronic & Systems Ltd.

Britannia (I) Ltd.
Infosys Technologies Ltd.
Standard Ind. Ltd.

BSES Ltd.
Ingersoll-Rand (I) Ltd.
State Bank of India

Burroughs Wellcome (I) Ltd.
Integrated Enterpriese (I) Ltd.
Steel Authority of (I) Ltd.

Cadburi (I) Ltd.
IPCL
Sterlite Ind. (I) Ltd.

Canbank MF - Unit Canstar CG
Isibars Ltd.
Sun Pharmaceutical Ind. Ltd.

Carborundum Universal Ltd.
Ispat Alloys Ltd.
Sundaram Clayton Ltd.

Castrol (I) Ltd.
Ispat Ind. Ltd.
Synthetics & Chemicals Ltd.

Century Textiles & Ind. Ltd.
ITC Agro - Tech Ltd.
Tamilnadu Newsprint & Papers Ltd.

Chambal Fert. & Chemicals Ltd.
ITC Badrachalam Paperboards Ltd.
Tamilnadu Petroproducts Ltd.

Cheminor Drugs Ltd.
ITC Ltd.
Tata Chemicals Ltd.

Cholamandalam Inv. & Fin. Co. Ltd.
ITI Ltd.
Tata Engineerings & Locomotive Co. Ltd.

Cipla Ltd.
ITW Signode (I) Ltd.
Tata Infotech Ltd.

Clariant (I) Ltd.
Jain Irrigation Systems Ltd.
Tata Tea Ltd.

Coates Viyella (I) Ltd.
JBF Ind. Ltd.
The Andhra Valley Power Supply Co. Ltd.

Cochin Refineries Ltd.
Jindal Iron & Steel Co. Ltd.
The Bishnauth Tata Co. Ltd.

Colgate Palmolive (i) Ltd.
Jindal Photo Films Ltd.
The Bombay Burmah Trading Ltd.

Container Corp. of (I) Ltd.
Jindal Strips Ltd.
The Bombay Dyeing & Mfg. Co. Ltd.

Coromandel Fert. Ltd.
Jindal Vijaynagar Steel Ltd.
The Dhampur Sugar Mills Ltd.

Corp. Bank
JM Basic Fund
The Fedral Bank Ltd.

CRISIL
Jyoti Structures Ltd.
The Fert. & Chemicals Travancore Ltd.

Crompton Greaves Ltd.
K.G. Denim Ltd.
The Indian Card Clothing Co. Ltd.

Cybertech Systems & Software Ltd.
Kesoram Oil Engines Ltd.
The Indian Hotels Co. Ltd.

Dabur (I) Ltd.
Kirloskar Oil Engines Ltd.
The Jammu & Kashmir Bank Ltd.

Dena Bank
Kporan Ltd.
The Morarjee Gucoldas Spg. & Wvg. Co. Ltd.

DGP Windsor (I) Ltd.
Kotak Mahindra Fin Ltd.
The Shipping of (I) Ltd.

Digital Equipment (I) Ltd.
Krishna Filaments Ltd.
The Supreme Ind. Ltd.

DLF Cement Ltd.
Krishna Texport Ind. Ltd.
The Tata Hydro-Electric Power Supply Co. Ltd.

Dr. Reddy's Laboratories Ltd.
L&T Ltd.
The Tata Power Co. Ltd.

EIH Ltd.
LIC Housing Fin. Ltd.
The United Western Bank Ltd.

E Merck (I) Ltd.
Lloyds Fin. Ltd.
Thermax Ltd.

E.I.D Parry Ltd.
Madras Regineries Ltd.
Timax Watches Ltd.

Eicher Ltd.
Mahanagar Telephone Nigam Ltd.
TISCO Ltd.

Eicher Motors Ltd.
Mahindra & Mahidra Ltd.
Titanor Components Ltd.

Electrosteel Castings Ltd.
Malvika Steel Ltd.
Tube Investments of (I) Ltd.

Emco Transformers Ltd.
Manali Petrochemical Ltd.
TVS Suzuki Ltd.

Escort Mutul Fund
Manglore Refinery & Petrochemicals Ltd.
United Phosphorous Ltd.

Escorts Ltd.
Marico Ind. Ltd.
Usha (I) Ltd.

Essar Oil Ltd.
Max (I) Ltd.
Usha Beltron Ltd.

Essar Steel Ltd.
Merind Ltd.
Usha Ispat Ltd.

Essel Packaging Ltd.
Morepen Laboratories Ltd.
UTI Bank Ltd.

Eveready Ind. (i) Ltd.
Morgan Stanley Growth Fund
UTI Unit '64 Scheme

Finolex Cables Ltd.
National Aluminium Co. Ltd.
UTI Grandmaster 93

Finolex Ind. Ltd.
National Organic Chemical Ind. Ltd.
UTI Mastergain 92

Gas Authority of (I) Ltd.
Navneet Publications (I) Ltd.
UTI Mastergrowth 93

George Williamson (Assam) Ltd.
Nestle (I) Ltd.
UTI Masterplus 91

Glaxo (I) Ltd.
Nicholas Piramal (I) Ltd.
UTI Mastershare 86

Global Telesystems Ltd.
NIIT Ltd.
V.I.P. Ind. Ltd.

Global Trust Bank Ltd.
Nirmal Ltd.
Videsh Sanchar Nigam Ltd.

Godrej Soaps Ltd.
Novartis (I) Ltd.
Voltas Ltd.

Grasim Ind. Ltd.
Oil & Natural Gas
Vysya Bank Ltd.

Great Eastern Shpg. Co. Ltd.
Onward Technologies Ltd.
Wartsila NSD (I) Ltd.

Greaves Ltd.
Orchid Chemicals & Pharmaceuticals Ltd.
Weizmann Ltd.

Gujarat Alkalies and Chemicals Ltd.
Oriental Bank of Commerce
Williamson Mogar & Co. Ltd.

Gujarat Ambuja Cements ltd.
Oswal Agro Mills Ltd.
Wipro Ltd.

Gujarat Ind. Power Co. Ltd.
Oswal Chemicals & Fert. Ltd.
Wockhardt Ltd.

Gujarat Mineral Devp. Corpn. Ltd.
OTIS Elevator Co. (I) Ltd.
Woolworth (I) Ltd.

Gujarat Narmada Velly Fert. Co. Ltd.
Parke-Davis (i) Ltd.
Zee Telefilms Ltd.

Zuari Ind. Ltd.



To: Nandu who wrote (3718)2/15/1999 3:27:00 PM
From: Mohan Marette  Read Replies (3) | Respond to of 12475
 
Wipro rides high on software boom..

Anil:
Here is another good one worth considering.
==============================
(Courtesy: Quantum research)

The company

Wipro Ltd. is a part of Wipro Corporation, and is engaged in the businesses of information technology, financial services, health care systems, consumer, lighting, and hydraulic products. Its infotech division is the premier PC and peripherals supplier in the country, and the second largest software service provider. It is an IT leader in many sectors, including finance, telecom, government and energy.

Wipro markets its own products as well as those of its partners including Canon, Sun Microsystems, Cisco, Epson, HP, Tandem, and Seiko. Besides, it markets software products of Netscape, Adobe, and Borland. Wipro's international operations are spread across USA, Europe and the Asia-Pacific regions. International clients include Samsung, Lucent, Mitsubishi and Sony. It has entered the high-end of the PC maket in (55:45) collaboration with Acer. It also has a JV with British Telecom for providing value-added network and VSAT services.

The consumer division manufactures vanaspati, baby products, and toilet soaps. Its lighting division has a technical collaboration with Toshiba lighting, while its medical systems division has a JV with GE (USA) and the the hydraulics division has an alliance with Sun Hydraulics (USA).

During FY98, Wipro's software revenues contributed 27% towards sales and is now its largest division. Software is the thrust area for the company's future plans, and it plans to ride the Y2K and Euro boom. By FY2000, Wipro plans to expand its software facilities by 200,000 sq.ft., and set up subsidiaries abroad at an estimated cost of Rs 3 bn. Its total capex for the next three years is Rs 4 bn.

Is Azim Premji India's richest individual?

Over the past two years, Wipro's market capitalisation (defined as number of shares outstanding x market price per share) has increased exponentially, and with it, the networth of its chief promoter, Mr Azim Premji (Chairman & Managing Director). A quick calculation yields the following:

No. of shares outstanding 45.83 m

Market price per share Rs 1,716.50 (as on 28th September '98)

...leading to a market capitalisation of Rs 78,667 m or US$ 1,851 m (at Rs 42.5 per US$)

Azim Premji's holds 77% of Wipro's equity which implies that his holding in Wipro is worth around Rs 60,574 m or US$ 1,425 m

...which is far ahead of the Ambanis, Bajajs and Birlas in these beleagured times.

So is Azim Premji the richest man in India? Just off the record, Mr. Subhash Chandra could come a close second depending on how the now-on-now-off deal with Rupert Murdoch Star TV works out. Watch this space for more of that.


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