Who is Upstox owner?

Asked by: Crawford Skiles  |  Last update: February 9, 2022
Score: 4.1/5 (24 votes)

Upstox is now being led by Ravi Kumar (Co-founder & CEO), Kavitha Subramanian (Co-founder) and Shrini Viswanath (Co-founder).

Is Upstox funded by Ratan Tata?

Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata. He held 1.33% stake in the company As of Jan 2020.

Is Upstox listed company?

Upstox is not a listed company. It is a privately owned company run by the promoters Mr. ... Along with the promoters, upstox has major private investors like Mr. Ratan Tata, Tiger Global Management, GVK Davix, and Kalaari Capital Partners.

Is Upstox a government?

Yes, Upstox is a SEBI registered stock broker and demat service provider. ... Upstox is also a member of NSE, BSE and MCX stock exchanges and CDSL and NSDL central depositories.

Can I trust Upstox?

Yes, Upstox is a safe broker. It is a registered member of SEBI, BSE, NSE, MCX and CDSL. The company is regulated by the stock broker regulations. It is audited regularly by the exchanges.

Ravi Kumar, Co-Founder Upstox on Ratan Tata

33 related questions found

What is RKSV full form?

Its Mumbai based broking company whose founder was Raghu Kumar, Ravi Kumar and Srinivas Vishwanath so on the name of founder this company name had been set up as a 'RKSV”. Here letter 'R' for Ravi and Raghu ,Letter 'K' is for Kumar while letter 'SV' denoted Shrinivas Vishwanath, So this is the full form for 'RKSV'.

Is Zerodha better or Upstox?

Upstox offers priority brokerage plan (at Rs 30 per trade) which has up to 25x leverage on Intraday, Futures & Options. Zerodha has one simple plan for all customers. Zerodha has much stronger focus and investment in technology which results in a better trading platform, trading tools and customer support.

How old is Upstox?

Formerly called RKSV Securities, the firm was founded as a proprietary trading firm in 2008 and entered the retail brokerage space in 2012.

Which Demat account is best?

14 BEST Demat Account In India [2022 RANKING]
  • Comparing Top Demat Trading Accounts.
  • #1) Upstox.
  • #2) Zerodha.
  • #3) Angel Broking.
  • #4) 5Paisa.
  • #5) Sharekhan Demat Account.
  • #6) IIFL Demat Account.
  • #7) Motilal Oswal Demat Account.

What if Upstox shuts down?

What If Upstox Shut's Down? ... Well, the answer is generic for all stock-brokers and not Upstox alone. If SEBI shuts down your broker due to some crisis, your shares remain with the depositories and are safe. As already discussed, CDSL & NSDL (and not your broker) have the control of your Demat account.

Is Upstox approved by RBI?

As per Reserve Bank of India (RBI) guidelines, NRIs who wish to invest in shares in India through a stock exchange need to approach the designated branch of any authorized dealer (bank)(Upstox currently offers the same with HDFC Bank, ICICI Bank and YES Bank) authorized.

Can I have 2 demat accounts?

Investors can open multiple demat accounts, so long as the accounts are opened with different Depository Participants. You cannot open more than one demat account with the same DP.

Who is RKSV broker?

RKSV is Mumbai, India based popular discount broker offering budget brokerage plans to India stock & commodity market investors. RKSV is well known for its flat Rs 20 per trade irrespective to the size of the trade across trade segments including Equities, Futures, Options, Currencies, and Commodities.

Which country made Upstox?

Upstox limited is an Indian stock broking company. The company headquarter is in New Delhi, India. The company offers online investments in stocks, derivatives, commodities, currencies, mutual funds and ETFs for both professional traders and investors.

Does Upstox charge monthly?

Only commodities – Absolutely Free. The monthly maintenance fee – ₹25 (excluding GST). This is applicable only on Demat accounts and as the name suggests, is charged every month. The Upstox clients need to pay a sum of ₹150 as maintenance charges for their Upstox Free Demat account.

Which trading app is best in India?

List of the Best Trading Apps in India
  • Upstox Pro App.
  • Zerodha Kite.
  • Angel Broking.
  • Groww app.
  • 5paisa online trading app.
  • Sharekhan App.
  • Motilal Oswal MO Investor App.
  • Edelweiss Online Trading App.

What is DR and CR in Upstox?

'(Dr. -Debit) and (Cr. -Credit)' in the bookkeeping system is simply a method of classification which provides a way of recording the changing values in the financial accounts of a business caused by monetary transactions. At the same time, the '(Dr. -Debit) and (Cr.

Who founded Upstox?

Shrini Viswanath - Cofounder - Upstox | LinkedIn.

Who is owner of Zerodha?

Zerodha Founder and CEO Nithin Kamath regularly takes a dig at some practices of his rival broking firms.

Who is the DP for Upstox?

Upstox is a Depository Participant (DP) of central depositories CDSL with DP ID as 81800. Check RKSV CDSL Membership detail. CDSL (Central Depository Services Limited) and NSDL (National Depository Services Limited) are 2 central depositories in India that holds your demat account.

Which is better Upstox or Groww?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. Upstox is having overall higher rating compare to Groww. Upstox is rated 4.5 out of 5 where Groww is rated only 4 out of 5.