The Trade Classroom @trustable_chart

Does anyone know how to stop the return of funds from a demat account to a bank account due to mandatory quarterly settlement? Especially in Zerodha or Dhan?

Anchor: "UPI charges are only for those who can afford it." Ashneer Grover: "You can afford it, pay ₹500/month just to breathe then. Does that make logic?" Brutal @Ashneer_Grover 👏👏👏

Want to invest? Pay MDR on every fund transfer ( Rs.300 cap ) Pay STT + Stamp duty + SEBI & Exchange turnover fees to trade. Pay 18% GST on charges. Pay up to 24% effective tax (Gains + Surcharge + Cess) on short term profits. LTCG upto: 13.94% ​this is not good , what is your take ?

I think MDR on UPI was probably inevitable at some point, especially given how widespread UPI adoption has become. It could also lead to more competition, instead of just three apps accounting for more than 95% of the market. That being said, there are some use cases, like investing and broking, where the proposed MDR structure doesn’t really make sense. The problem with broking is that there is no guarantee that money transferred to a broker will actually result in a transaction. As brokers, we can’t force a customer to trade after transferring money. And if we can’t pass the UPI charge on to the customer, there is essentially no limit to the cost a customer can impose on a broker without generating any revenue. Just as an example, 10,000 customers could each make 50 UPI transfers of ₹2 lakh in a month without executing a single trade. At the proposed MDR, this could potentially cost the broker around ₹2 crore, without generating any business. What makes this even more challenging is quarterly settlement (QS). This is a SEBI regulation that requires brokers to send unused funds back to clients every month or quarter. Most customers then transfer these funds back to their broking accounts, with more than half of these transfers happening through UPI. So regulation essentially forces this movement of money every month or quarter, and the broker could end up bearing the cost when the money comes back, without any incremental benefit or revenue. By the way, we currently don’t charge brokerage on equity delivery trades because the economics allow us to offer them for free. But if every UPI transfer starts carrying an additional cost, irrespective of whether the customer actually trades, I don’t see how we can absorb this indefinitely. I think having an MDR is okay. It still doesn’t solve the problem of customers transferring money without transacting, but something like 0.02% with a cap of ₹5 or ₹10 per transaction seems much more reasonable for broking, instead of a cap as high as ₹300.

Steamhouse and LCC project allotments are out on the KFinTech website. whereas the Asset Reconstruction Company, Karamtara Engineering Limited, and Manipal Payment allotments are out on the MUFG website.

bank debit of karamtara started.

IPo allotment for both IPOs i.e. Kanohar Electrical Limited and Glass Wall Systems (India) Limited is out. To check the allotment click here: in.mpms.mufg.com/Initial_Offer/… Do you get allotment? Comment below👇

Mainboard IPOs Tentative Allotment Matrix: 👇 ​1. Rentomojo 🔸 Retail: 1 in 14 chance 🔸 sHNI: 1 in 56 chance 🔸 bHNI: 1 in 15 chance ​2. Karamtara Engineering 🔸 Retail: 1 in 13 chance 🔸 sHNI: 1 in 45 chance 🔸 bHNI: 1 in 11 chance ​3. Steamhouse India 🔸 Retail: 1 in 16 chance 🔸 sHNI: 1 in 48 chance 🔸 bHNI: 1 in 9 chance ​4. LCC Projects 🔸 Retail: 1 in 24 chance 🔸 sHNI: 1 in 70 chance 🔸 bHNI: 1 in 12 chance ​5. ARCIL 🔸 Retail: 1 in 3 chance 🔸 sHNI: 1 in 13 chance 🔸 bHNI: 1 in 3 chance ​6. Manipal Payments 🔸 Retail: 1 in 2 chance 🔸 sHNI: 1 in 1.05 chance 🔸 bHNI: Firm Allotment ​Aapne inmein se kis IPO aur kis category mein apply kiya tha? Niche comment karke batayein! 👇 ​Fingers crossed for the allotment! 🤞🏻💰

Applied for Rentomojo, Karamtara, and Steamhouse only till now; which one are you choosing?

New IPO Update: NATIONAL STOCK EXCHANGE OF INDIA LIMITED ​🗓️ Dates: September 17, 2026 - September 21, 2026 ​💰 Price Band: ₹1700 - 1785 ​📊 Issue Size: ₹22,561.57 Cr ​📈 Lot Size: 8 Shares ​Retail Quota: 35% ​Retail Application Amount: ₹14,280 ​Face Value: ₹1/- Per Share ​Listing Date: 24-09-2026 ​Registrar: MUFG Intime India Private Limited, Pantomath Capital, 360 ONE WAM ​GMP: ₹191 - ₹226 (unofficial/indicative) ​Follow for more market details.

🚨IPO GMP Update: Grey Market Premium (GMP) for Ongoing IPOs as on 09.09.2026 (Morning)🚨 Mainboard IPOs: (1) Kanohar Electricals (8 Sep - 10 Sep): ₹218 (34.49%) (2) Pranav Constructions (7 Sep - 9 Sep): ₹43 (34.68%) (3) Rentomojo (9 Sep - 11 Sep): ₹134 (33.17%) (4) Glass Wall Systems (8 Sep - 10 Sep): ₹56 (30.77%) (5) Karamtara Engineering (9 Sep - 11 Sep): ₹68 (26.77%) (6) LCC Projects (9 Sep - 11 Sep): ₹34 (23.29%) (7) Veegaland Developers (10 Sep - 15 Sep): ₹33 (23.57%) (8) Steamhouse (9 Sep - 11 Sep): ₹18 (22.22%) (9) Asset Reconstruction (9 Sep - 11 Sep): ₹30 (21.58%) (10) Manika Plastech (11 Sep - 16 Sep): ₹17 (39.53%) (11) Manipal Payment and Identity Solutions (9 Sep - 11 Sep): ₹37 (10.91%) (12) Prasol Chemicals (8 Sep - 10 Sep): ₹30 (4.44%) (13) NSE (Period TBA): ₹255 (0.00%) (14) Jindal Supreme (16 Sep - 18 Sep): ₹0 (0.00%) SME IPOs: (1) Qualiance International (4 Sep - 8 Sep): ₹65 (51.18%) (2) Maharaja & Speedex India (10 Sep - 15 Sep): ₹30 (16.13%) (3) Vinod Texworld (9 Sep - 11 Sep): ₹15 (15.96%) (4) Apana Logistics (7 Sep - 9 Sep): ₹5 (8.33%) Disclaimer: Grey Market Premium (GMP) of IPOs is unofficial and indicative only. This post is for informational purposes only.

IPO Listing Alert 🔔 1️⃣ Deepa Jewellers (NSE & BSE) 📌 Listing Price: ₹221 📌 Issue Price: ₹177 🟢 Premium: +24.86% Profit Calculation: 🙋‍♂️ Retail (1 Lot): ₹3,696 💰 🏦 HNI (1 App): ₹51,744 💸 2️⃣ Rays of Belief (NSE & BSE) 📌 Listing Price: ₹239 📌 Issue Price: ₹239 🟢 Premium: 0.00% Profit Calculation: 🙋‍♂️ Retail (1 Lot): ₹0 💰 🏦 HNI (1 App): ₹0 💸 Kis kis ko allotment mila tha? Let me know in the replies. 👇 Keep following @trustable_chart for more market updates! 🌟

🚨IPO GMP Update: Grey Market Premium (GMP) for Ongoing IPOs as on 07.09.2026 (Morning)🚨 Mainboard IPOs: (1) Rentomojo (9 Sep - 11 Sep): ₹149 (36.88%) (2) Pranav Constructions (7 Sep - 9 Sep): ₹44 (35.48%) (3) Kanohar Electricals (8 Sep - 10 Sep): ₹205 (32.44%) (4) Karamtara Engineering (9 Sep - 11 Sep): ₹55 (21.65%) (5) Veegaland Developers (10 Sep - 15 Sep): ₹30 (21.43%) (6) Glass Wall Systems (8 Sep - 10 Sep): ₹35 (19.23%) (7) Prasol Chemicals (8 Sep - 10 Sep): ₹115 (17.01%) (8) LCC Projects (9 Sep - 11 Sep): ₹25 (17.12%) (9) Manika Plastech (11 Sep - 16 Sep): ₹7 (16.28%) (10) Deepa Jewellers (1 Sep - 3 Sep): ₹21.5 (12.15%) (11) Manipal Payment and Identity Solutions (9 Sep - 11 Sep): ₹30 (8.85%) (12) Rays of Belief (1 Sep - 3 Sep): ₹20 (8.37%) (13) NSE (Period TBA): ₹275 (0.00%) (14) Asset Reconstruction (9 Sep - 11 Sep): ₹0 (0.00%) (15) Steamhouse (9 Sep - 11 Sep): ₹0 (0.00%) SME IPOs: (1) Farm Peace (1 Sep - 3 Sep): ₹50 (84.75%) (2) Qualiance International (4 Sep - 8 Sep): ₹55 (43.31%) (3) Apana Logistics (7 Sep - 9 Sep): ₹8 (13.33%) Disclaimer: Grey Market Premium (GMP) of IPOs is unofficial and indicative only. This post is for informational purposes only.

🚨IPO GMP Update: Grey Market Premium (GMP) for Ongoing IPOs as on 06.09.2026 (Morning)🚨 Mainboard IPOs: (1) Rentomojo (9 Sep - 11 Sep): ₹155 (38.37%) (2) Pranav Constructions (7 Sep - 9 Sep): ₹41 (33.06%) (3) Kanohar Electricals (8 Sep - 10 Sep): ₹190 (30.06%) (4) Glass Wall Systems (8 Sep - 10 Sep): ₹50 (27.47%) (5) Karamtara Engineering (9 Sep - 11 Sep): ₹50 (19.69%) (6) Prasol Chemicals (8 Sep - 10 Sep): ₹125 (18.49%) (7) LCC Projects (9 Sep - 11 Sep): ₹25 (17.12%) (8) Veegaland Developers (10 Sep - 15 Sep): ₹22 (15.71%) (9) Deepa Jewellers (1 Sep - 3 Sep): ₹19 (10.73%) (10) Manipal Payment and Identity Solutions (9 Sep - 11 Sep): ₹30 (8.85%) (11) Rays of Belief (1 Sep - 3 Sep): ₹11 (4.60%) (12) NSE (Period TBA): ₹310 (0.00%) (13) Purple Style Labs (31 Aug - 2 Sep): -₹5 (-0.87%) (14) Asset Reconstruction (9 Sep - 11 Sep): ₹0 (0.00%) (15) Steamhouse (9 Sep - 11 Sep): ₹0 (0.00%) SME IPOs: (1) Farm Peace (1 Sep - 3 Sep): ₹47 (79.66%) (2) Shanti Inorganics (31 Aug - 2 Sep): ₹47 (56.63%) (3) Ashutosh Fibre (31 Aug - 2 Sep): ₹50 (54.35%) (4) Qualiance International (4 Sep - 8 Sep): ₹55 (43.31%) Disclaimer: Grey Market Premium (GMP) of IPOs is unofficial and indicative only. This post is for informational purposes only.

🚨IPO GMP Update: Grey Market Premium (GMP) for Ongoing IPOs as on 05.09.2026 (Evening)🚨 Mainboard IPOs: (1) Kanohar Electricals (8 Sep - 10 Sep): ₹205 (32.44%) (2) Glass Wall Systems (8 Sep - 10 Sep): ₹67 (36.81%) (3) Pranav Constructions (7 Sep - 9 Sep): ₹37 (29.84%) (4) Rentomojo (9 Sep - 11 Sep): ₹99 (24.50%) (5) Prasol Chemicals (8 Sep - 10 Sep): ₹165 (24.41%) (6) Karamtara Engineering (9 Sep - 11 Sep): ₹40 (15.75%) (7) Veegaland Developers (10 Sep - 15 Sep): ₹22 (15.71%) (8) LCC Projects (9 Sep - 11 Sep): ₹17 (11.64%) (9) Deepa Jewellers (1 Sep - 3 Sep): ₹19 (10.73%) (10) Manipal Payment and Identity Solutions (9 Sep - 11 Sep): ₹29 (8.55%) (11) Rays of Belief (1 Sep - 3 Sep): ₹12 (5.02%) (12) Exchange and Data Platform (Period TBA): ₹285 (0.00%) (13) Purple Style Labs (31 Aug - 2 Sep): ₹0 (0.00%) (14) Asset Reconstruction (9 Sep - 11 Sep): ₹0 (0.00%) (15) Steamhouse (9 Sep - 11 Sep): ₹0 (0.00%) SME IPOs: (1) Farm Peace (1 Sep - 3 Sep): ₹45 (76.27%) (2) Shanti Inorganics (31 Aug - 2 Sep): ₹43 (51.81%) (3) Ashutosh Fibre (31 Aug - 2 Sep): ₹44 (47.83%) (4) Qualiance International (4 Sep - 8 Sep): ₹55 (43.31%) Disclaimer: Grey Market Premium (GMP) of IPOs is unofficial and indicative only. This post is for informational purposes only.

Deepa Jewellers IPO allotment status is officially LIVE! ​👉 Click here to check: ipo.bigshareonline.com/IPO_Status.html ​Current GMP is Rs.21 (11.86%) ​Kis kis ka allotment confirm hua? Let me know your status in the comments below 👇

Rays of Belief IPO allotment status is now LIVE! ​👉 Click here to check: ipostatus.kfintech.com ​Current GMP is Rs.11 (4.6%) kis kis ne ​Allotment check kar kiya?

Never seen daylight robbery like this. ASM / GSM Higher LTCG Higher STT Higher STCG And now the final Brahmastra: CAS. Somebody tell us what the retail investor is getting out of it ?

🚨IPO GMP Update: Grey Market Premium (GMP) for Ongoing IPOs as on 04.09.2026 (Evening)🚨 Mainboard IPOs: (1) Kanohar Electricals (8 Sep - 10 Sep): ₹205 (32.44%) (2) Glass Wall Systems (8 Sep - 10 Sep): ₹53 (29.12%) (3) Pranav Constructions (7 Sep - 9 Sep): ₹34 (27.42%) (4) Prasol Chemicals (8 Sep - 10 Sep): ₹115 (17.01%) (5) Veegaland Developers (10 Sep - 15 Sep): ₹22 (15.71%) (6) Rentomojo (9 Sep - 11 Sep): ₹55 (13.61%) (7) Deepa Jewellers (1 Sep - 3 Sep): ₹22 (12.43%) (8) Karamtara Engineering (9 Sep - 11 Sep): ₹20 (7.87%) (9) Rays of Belief (1 Sep - 3 Sep): ₹17 (7.11%) (10) Purple Style Labs (31 Aug - 2 Sep): ₹2 (0.35%) SME IPOs: (1) Shanti Inorganics (31 Aug - 2 Sep): ₹41 (49.40%) (2) Ashutosh Fibre (31 Aug - 2 Sep): ₹41 (44.57%) (3) Qualiance International (4 Sep - 8 Sep): ₹55 (43.31%) Disclaimer: Grey Market Premium (GMP) of IPOs is unofficial and indicative only. This post is for informational purposes only.

New IPO Update: KANOHAR ELECTRICALS LIMITED ​🗓️ Dates: September 08, 2026 - September 10, 2026 ​💰 Price Band: ₹601 - 632 ​📊 Issue Size: ₹1,019 Cr - 1,056 Cr ​📈 Lot Size: 23 Shares ​Retail Quota: 35% ​Retail Application Amount: ₹14,536 ​Face Value: ₹2/- Per Share ​Listing Date: 16-09-2026 ​Registrar: MUFG Intime India Pvt. Ltd. ​GMP: ₹170 - ₹200 (unofficial/indicative) ​Follow for more market details.