Equity Broking & Demat Services
Account opening is fully online. Prefer a hand? Visit us at Horniman Circle and we’ll do it together.

What you get
Through our Authorised Person relationship with Kotak Securities Limited, you get an integrated ecosystem backed by the Kotak Neo platform for swift execution human support whenever you need it.
Trade seamlessly across NSE, BSE, and MCX from a single centralized account. You can place orders yourself online while retaining asset safety in your name, not ours.
We add the crucial layer most broking apps removed. Keep a named person in Fort/Horniman Circle to call when you need assistance with complex corporate actions, asset transfers, or a second pair of eyes.
Direct equity engine operates on three interconnected accounts, synchronized smoothly during our single, largely paperless onboarding process.
Holds your primary liquid capital securely until execution.
Places active market orders on the respective exchange platforms.
Holds electronic shares in your own name with the NSDL or CDSL depository.
When you purchase equity, funds flow from your bank to the broker, and shares credit to your demat. When you sell, this operational cycle reverses automatically.
Futures and options are complex, highly leveraged contracts. You deposit a fraction of the total position control value as margin, meaning both gains and losses are significantly magnified.
Straightforward Disclosure:
Regulatory and exchange studies have repeatedly established that most individual F&O traders lose money over time. We choose to inform you openly here rather than burying it in the fine print.
When used deliberately to hedge a core portfolio, or run by strict disciplined traders using hard position sizing and exit rules, derivatives are effective tools.
Exchanges strictly mandate proof of income to activate the derivatives segment. If you're unsure, our 3-minute sober risk profiler is an excellent starting point.
Apply directly for new public issues (IPOs) from your unified Kotak trading account using the structured ASBA/UPI mechanism.
Your investment capital is only blocked inside your own bank account. Funds actually leave your account only if shares are successfully allotted to you. Your Relationship Manager will guide you from initial bidding to final allotment.
Devmani Traders Pvt. Ltd. acts as an Authorised Person providing local services. Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Brokerage/statutory charges apply.
Buy shares outright and hold them in your demat account, no leverage, no time limit. The foundation of long-term direct equity.
Positions opened and squared off within the same session. Faster and riskier, best treated as a craft, not a pastime.
Leveraged contracts for hedging or informed trading. Losses can exceed your margin; read our honest note above first.
Exchange-traded currency futures and options, used to hedge import–export exposure or express a currency view.
Commodity futures on MCX within the same account relationship, under our MCX Authorised Person registration.
Apply to public issues via ASBA/UPI from your Kotak account; money leaves your bank only if shares are allotted.
No, your account is opened with Kotak Securities Limited, a SEBI-registered broker. Devmani Traders acts as an Authorised Person, providing local service and support on that account.
Yes, IPO applications are supported through your Kotak trading account, and your relationship manager can help you through the process.
Your PAN, Aadhaar or another officially valid address proof, a photograph, your bank details (a cancelled cheque or a recent statement) and a signature image for the online form. If you want the derivatives, currency or commodity segments activated, exchanges additionally require proof of income, such as a recent ITR acknowledgement, salary slip or bank statement.
Yes, meaningfully riskier than delivery investing. Derivatives are leveraged, so gains and losses are both magnified, and losses can exceed the margin you put up. Regulatory and exchange studies have repeatedly found that most individual F&O traders lose money over time. If you still choose to trade derivatives, do it with money you can afford to lose, position sizes you can defend, and a clear exit plan.
Brokerage follows the Kotak Securities schedule you sign up for, and statutory levies (STT, exchange transaction charges, SEBI turnover fees, stamp duty and GST) apply as per regulation. Demat transactions attract depository participant charges. We walk you through the schedule before you open the account, and there is nothing payable separately to Devmani Traders.
Disclaimer: Devmani Traders Private Limited is an Authorised Person of Kotak Securities Limited in the Equity, Derivatives & Commodity segments of the Exchanges (NSE, BSE & MCX). AP Registration No. — NSE: AP0291562863, BSE: AP01067301154926, MCX: MCX/AP/162433. Kotak Securities Limited: CIN U99999MH1994PLC134051, SEBI Registration No. INZ000200137 (Member of NSE, BSE, MSE, MCX & NCDEX), AMFI-registered Mutual Fund Distributor (ARN 0164), PMS INP000000258, APMI APRN02879 and Research Analyst INH000000586. NSDL/CDSL: IN-DP-629-2021. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Derivatives are a sophisticated investment device; the investor is requested to take into consideration all the risk factors before actually trading in derivative contracts. Past performance is not indicative of future returns. We act as an Authorised Person for broking services only. We are not a SEBI-registered Investment Adviser and do not provide investment advisory or portfolio management services. All content on this page is for general information and education only and does not constitute investment, tax or legal advice, or an offer or solicitation to invest. Brokerage and other charges apply as per the tariff; details are available on request.