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Announcements on #Updates

18 November, Mon 4:08 pm

If you recently participated in the Tata Motors merger and noticed you may have received fewer shares than expected, you’re not alone. This can be confusing, but it’s due to some shares being sold to cover the Tax Deducted at Source (TDS) on deemed dividends (amounts treated as dividends for tax purposes, even if not actually paid out). To help you understand why this happened and how it affects you, here’s a simple breakdown: Q: What was my expected share allocation? A: For example, if you owned 100 Tata Motors DVR shares at ₹100 each (totalling ₹10,000), you were expecting to get 70 Tata Motors shares based on the 10:7 swap ratio from the merger. Q: What are deemed dividends and how does TDS work? A: During the merger, part of the company’s profits was treated as deemed dividends. If the deemed dividend was ₹20 per DVR share, your total deemed dividend for 100 shares would be ₹2,000. The company deducts 10% TDS (which is ₹200) to pay to the government on your behalf. You can claim this back when filing your taxes. Q: Why were some of my shares sold? A: To cover the ₹200 TDS, the company sold about 1 of your Tata Motors shares. If the share price was ₹500, they sold 1 share for ₹500. Q: How many shares did I receive after the sale? A: You initially expected 70 shares, but after selling 1 to cover TDS, you ended up with 69 shares. Q: What happens to any leftover money from the sale? A: Any extra money from the sale of shares will be credited to your bank account within 45 to 60 days. Q: How do I calculate my new average price per share? A: Your total investment was ₹10,000 for 100 DVR shares. After the swap, the new average price per share is calculated as: - New Average Price = ₹10,000 ÷ 70 = ₹142.86 per share. Q: How will taxes apply when I sell my shares? A: If you sell your 69 shares at ₹600 each, here’s how your profits work out: 1. Capital Gain per Share: Selling Price - New Average Price = ₹600 - ₹142.86 = ₹457.14. This means you make ₹457.14 profit on each share. 2.Total Capital Gain for 69 Shares: 69 shares × ₹457.14 = ₹31,428.66. So, your total profit from selling all 69 shares is ₹31,428.66. 3.Adjusting for Deemed Dividend: From your total profit, you need to subtract the ₹2,000 deemed dividend. Adjusted Capital Gains = ₹31,428.66 - ₹2,000 = ₹29,428.66. This ₹29,428.66 is what will be taxed as Long-Term Capital Gains (LTCG). If your total LTCG for the year is under ₹1 lakh, you might not have to pay any tax on it!

#Updates

8 November, Fri 6:05 pm

Starting 21 Nov, F&O lot sizes of major NSE and BSE indices are increasing. Here are the details: Note: 1.⁠ ⁠The last expiry dates for the existing lot sizes are mentioned here. 2.⁠ ⁠After 24 December 2024: if you hold F&O contracts in BANKNIFTY quarterly or half-yearly expiries that do not match the new lot.. Read more

#Updates

Upstox - Stocks, IPO, MF

Stock Market Trading & Demat Account App

29 October, Tue 4:04 pm

Please note, the following securities will be removed from SEBI’s list of approved securities for Margin Pledge. As a result, you will not receive margins for F&O trading against these scrips starting Wednesday, 30 October 2024 : NOTE: If you have pledged any of the above, after 30 October 2024, you will not receive margins.. Read more

#Updates

29 October, Tue 12:33 pm

The Exchange has decided to remove 1,010 scrips from their list of ‘Approved Securities for Margin Pledge’. What does this mean? Starting from 1 August 2024, the Exchange will gradually increase the haircut percentage on these 1,010 scrips, eventually making it 100% by 1 November 2024. - From 1 August: 40% - From 1 September:.. Read more

#Updates

25 October, Fri 12:56 pm

RELIANCE Industries Limited has announced a bonus issue of 1:1. This means the shareholders will receive 1 additional share for every share they own. The record date for this adjustment is 28 October 2024. Due to this corporate action, please note the following impacts on your F&O contracts: 1. Contract Adjustments: All existing RELIANCE F&O.. Read more

#Updates

24 October, Thu 3:02 pm

Due to Daylight Saving Time in the USA, trading hours for all commodities have been revised: All MCX Intraday positions will be squared-off at 11.25 P.M. You can refer to the exchange circular here. Read more

#Updates

24 October, Thu 11:53 am

All ITM Natural Gas Option & Natural Gas Mini Option contracts on 24th October 2024 will be converted into Future contracts. To avoid square-off, please maintain sufficient margin before 10.00 PM today. Read more

#Updates

21 October, Mon 1:22 pm

We have exciting news! Starting 21 October 2024, you can use 100% of your stock sell value for same-day trading. In simple terms: If you sell stocks worth ₹100, you can use the full amount for trading on the same day! What was the previous policy? Previously, you could only use 80% of your stock.. Read more

#Updates

17 October, Thu 11:38 am

Introducing TBT Engine - A leap into the future of trading Earlier this year, we became the 1st broker in India to introduce Tick-by-Tick (TBT) powered charts, enabling you with accurate indicator mapping, pattern recognition and improved analysis. After this success, we’re ready with the second phase of our TBT offering, which is much bigger,.. Read more

Introducing TBT Engine - A leap into the future of trading Earlier this year, we became the 1st broker in India to introduce Tick-by-Tick (TBT) powered charts, enabling you with accurate indicator mapping, pattern recognition and improved analysis. After this success, we’re ready with the second phase of our TBT offering, which is much bigger, better, and bolder than before…. Presenting, TBT Engine, a suite of innovative features that leverage TBT data's full potential. You can watch the product keynote here in case you missed it - https://youtu.be/3GRNJrPjlp0?si=C3NuHHrMWCNtLW4c. And to use TBT Engine during market hours, click here - https://upstox.onelink.me/0H1s/Tbtengine Key features under TBT Engine 1. Order Flow Insights There are two main types of orders placed by traders: Limit and Market Orders. Currently, most traders prefer placing Limit Orders. However, a significant challenge with Limit Orders is ensuring their successful execution, often leading to guesswork during trade placement. To address this and improve execution rates, we’ve introduced Order Flow Insights. This feature leverages real-time Tick-by-Tick (TBT) data to provide traders with the following critical information before placing an order, helping them make more informed decisions and enhancing their chances of success. - Depth Rank: Tells you where your limit order stands in the market compared to other open orders. For example, if you place a limit order for XYZ stock at ₹100, you’ll immediately know at what level your order stands in the market. - Traded at or below/above: Tells you the percentage of orders traded below your limit buy order or above your limit sell order at that point of time - Qty. ahead: Tells you the total quantity of shares standing ahead of your order waiting to be traded - LIVE alerts: Notifies you every 15 minutes when your depth rank worsens 2. Market Depth 30 While trading in volatile markets, especially F&O contracts, the top 5 levels of market depth data are insufficient, as these levels can fill up quickly, leading to missed opportunities. To fix this gap, we will provide an in-depth order book, up to level 30 using the TBT data stream. 3. Demand and Supply Zones This section will show the top 5 prices with the highest quantities standing in the Exchange’s order book. It will help you with better trend identification. The Demand Zone helps you understand where there is strong buying interest, while the Supply Zone shows where selling pressure is high. This feature offers a clear advantage, helping you identify key price levels where the market might stabilize, rise, or fall. 4. GTT Trigger Engine Often, traders complain that their GTT orders weren’t triggered. This issue frequently occurs with highly volatile scrips. A major reason behind this is that most retail brokers use Snapshot Data, which is sampled at intervals, and therefore, their GTT triggers may miss capturing rapid price movements. We’re going to address this issue by utilising TBT data. Unlike Snapshot Data, TBT provides a continuous stream of all trade packets, ensuring that no price movement is overlooked. This comprehensive data allows for precise matching and reliable triggering of GTT orders. 5. Trade Price Checker Traders often need to verify whether their trades were executed correctly and check for any discrepancies between the broker’s report and the Exchange’s records. With our Trade Price Checker, we provide detailed information about every trade you place, regardless of which broker platform you use. How this works - to verify the accuracy of your trades, simply enter the Exchange order number into the Trade Price Checker. Upstox will instantly retrieve detailed information, including the exact time of execution, the precise trade price, and a reverse-matching of your order details. This feature allows you to see exactly how and with whom your order was matched, providing complete transparency and reinforcing trust in the accuracy and integrity of your transactions. With the power of our TBT Engine, your decisions are backed by precise, actionable market data insights. You’ll have a clear view of how many orders are ahead of you, where the demand-supply zones are, how many quantities are in the queue and more. This enables you to adjust your strategy for optimal execution. This level of access, once reserved for HFTs, and institutional traders is now at your fingertips, dramatically reducing information asymmetry and empowering you to make informed trading decisions. TBT Engine isn’t just an upgrade; it's a paradigm shift. TL;DR Upstox’s TBT Engine is here to help you: - Improve probability of success - Place informed trades - Gain a deeper understanding of the markets - Manage risks - Gain a competitive edge Quick links - Keynote: Upstox’s Biggest Product Launch Ever! | Feature access: https://upstox.onelink.me/0H1s/Tbtengine *Available only for NSE Cash and F&O scrips

#Updates

17 October, Thu 11:10 am

All ITM Crude Oil / CRUDEOILM Option contracts on 17th Oct 2024 will be converted into Futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the Future contracts before 10.00 PM today. Read more

#Updates

7 October, Mon 11:19 am

IDFC Limited (IDFC) has declared to the Exchange the issuance and allotment of 155 equity share for every 100 equity shares of IDFC Limited held by existing shareholders. The record date to determine shareholders who will be applicable for this is 10 October 2024. Due to this corporate action, keep in mind the following impact.. Read more

#Updates

1 October, Tue 8:50 pm

As announced by the Finance Minister earlier this year, Exchanges (NSE, BSE and MCX) have revised the Securities Transaction Tax (STT) and Transaction Charges applicable per-trade from 1 October 2024. The revised charges are mentioned below: A) Securities Transactions Tax: B) Exchange Transaction Charges - NSE B) Exchange Transaction Charges - BSE B)Exchange Transaction Charges .. Read more

#Updates

27 September, Fri 4:32 pm

We would like to inform you that around 1000 scrips have been disapproved by the Exchange from their list of ‘Approved Securities for Margin Pledge’ based on the circular issued on 8th July 2024. As per the circular, these scripts will now attract a minimum of 80% haircut starting from 1 October 2024. Earlier the.. Read more

#Updates

25 September, Wed 5:46 pm

Please note, the following securities will be removed from SEBI’s list of approved securities for Margin Pledge. As a result, you will not receive margins for F&O trading against these scrips starting Thursday, 26 September 2024: NOTE: If you have pledged any of the above, after 26 September 2024, you will not receive margins pledge.. Read more

#Updates

17 September, Tue 3:34 pm

All ITM Crude Oil / CRUDEOILM Option contracts on 17th Sep 2024 will be converted into Futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the Future contracts before 10.00 PM today. Read more

#Updates

28 August, Wed 7:02 pm

NSE has made it compulsory for all brokers to discontinue sharing brokerage commissions with individuals who aren’t registered as Authorised Persons (AP). What does this mean for you - Referral rewards: You can still earn rewards for referring friends to Upstox - Brokerage commissions: You won't be eligible to receive brokerage commissions for referred friends.. Read more

#Updates

26 August, Mon 12:51 pm

Please note, the following securities will be removed from SEBI’s ‘Approved Securities for Margin Pledge list’. As a result, you will not receive margins for F&O trading against these scrips starting Tuesday, 27 August 2024: NOTE: If you have pledged any of the above, after 27 August 2024, you will not receive margins pledge benefit.. Read more

#Updates

23 August, Fri 5:19 pm

All ITM Natural Gas Option contracts on 23rd August 2024 will be converted into Future contracts. To avoid square-off, please maintain sufficient margin before 10.00 PM today. Read more

#Updates

22 August, Thu 6:46 pm

Starting 23 August 2024, you can avail up to 4X margins via MTF to buy and hold Stocks for 365 days. What does this mean - Previously, MTF allowed you to buy Stocks with 50% funds, but now you can buy Stocks with a minimum 25% to 50% upfront funds - You can take positions.. Read more

#Updates

14 August, Wed 11:31 am

All ITM Crude Oil / CRUDEOILM Option contracts on 14th August 2024 will be converted into Futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the Future contracts before 10.00 PM today. Read more

#Updates

12 August, Mon 11:40 am

We're pleased to announce that you can now place Market Orders in BSE Derivatives, in addition to limit orders. What this means: Earlier we only permitted Limit Orders if you wished to trade in BSE Derivatives i.e. SENSEX Futures and Options. However, you can now place market orders as well. Keep in mind: - Market.. Read more

#Updates

7 August, Wed 3:54 pm

When a company announces a Rights Issue, they invite existing shareholders to buy more shares, usually at a discounted price. These shares are known as Rights Shares. After the Rights Issue is announced, the company credits its existing shareholders’ Demat Accounts with something called REs (Rights Entitlements). These REs are also listed on the exchange.. Read more

#Updates

24 July, Wed 5:58 pm

All ITM Natural Gas Option contracts on 24st July 2024 will be converted into Futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the Future contracts before 10.00 PM today. Read more

#Updates

22 July, Mon 2:59 pm

Due to expected trading volatility on the day of the Union Budget i.e. 23 July 2024, please note the following changes: Changes in intraday leverages & margin requirements: - 2X on F&O Stocks i.e. 50% fund requirement. - 1X on Non F&O allowed Stocks i.e. 100% fund requirement. - 1X on all Derivatives (Equity, Currency.. Read more

#Updates

12 July, Fri 11:30 am

Due to an intermittent issue, BSE F&O orders are still in a pending status. We are working with the Exchange to resolve this and will notify you. This is an industry-wide issue. Read more

#Updates

3 June, Mon 10:08 pm

Due to the Lok Sabha Election results on 4 June 2024, the market is expected to be volatile. To manage potential volatility, we are implementing some temporary risk management. As per this, please review the following important updates applicable only on 4 June 2024: MTF will be available only on Stocks that are listed in.. Read more

#Updates

3 June, Mon 10:09 am

Some users unable to place sell orders due to authorisation issues on 3 June 2024. We’re in touch with CDSL and will update you as soon as the issue is resolved. Thank you for your patience. Read more

#Updates

9 April, Tue 5:38 pm

We've noticed fake WhatsApp channels, such as ‘Upstox Facilities Group’ and ‘Upstox Investment Academy’, falsely claiming affiliation with Upstox and posing as Upstox employees. These groups are claiming to conduct educational courses and sessions on the Stock Market under our name. Please be aware that these channels are not official and have no association with.. Read more

#Updates

4 April, Thu 2:34 pm

As per RBI regulations, trading in currency derivatives is permitted solely for hedging your underlying forex exposure. If you have such an exposure, please submit your declaration by clicking here: Currency segment declaration. If we don’t receive your declaration by 3:30 PM today, 4 April 2024, we will have to square-off all existing positions. Please.. Read more

#Updates

2 April, Tue 10:04 pm

We have an important update regarding a circular issued by the RBI on 5 January 2024. As per the circular, Indian residents are allowed to participate in currency derivative trading on Exchanges only for the purpose of hedging. Hedging here refers to protecting against potential losses from currency fluctuations that arise from international transactions, which.. Read more

#Updates

29 February, Thu 6:16 pm

As per a recent update from the Reserve Bank of India (RBI) regarding customers with a Paytm Payments Bank (PPB) account, here are a few important things you must keep in mind which will come into effect from 10 March 2024: - Upstox will no longer accept payments or mandate requests through PPB - If PPB is your Primary bank account on Upstox, you will no longer be able to use it to add or withdraw funds - If you have a Secondary bank account other than PPB, we will mark your Secondary account as your Primary account - Mutual Fund transactions after 10 March 2024 will no longer be processed through your PPB account - You will not be able to add PPB as a new bank account on Upstox - Existing SIPs till 10 March will remain unimpacted What You Can Do: 1) If PPB is your current Primary bank account on Upstox: - Add a new bank account by following these steps: How do I add a new bank in my Upstox account? - Make the newly added bank account as your Primary bank account by following these steps: How do I change my Primary bank account linked to my Upstox account? 2) If your Mutual Fund SIPs are via PPB and it’s the only Primary bank account: - Add a new bank account by following these steps: How do I add a new bank in my Upstox account? - Stop your existing SIP by following these steps: How do I stop my mutual fund SIP at Upstox? - Create a fresh SIP with the new bank account. 3) If your Mutual Fund SIPs are via PPB and you already have a Secondary bank account on Upstox: - If you have any other bank mandate available, we will migrate your existing SIP to that mandate - If you don’t have any bank mandate available, we will transfer your SIPs to your Secondary bank account and you will receive a mandate approval email. Please approve the mandate by following these steps:

-> Click on ‘Click here’ or ‘Approve Mandate’ as per your email
-> Select a verification method (NetBanking / Debit Card)
-> Agree with the ‘Terms and Conditions’
-> Approve using NetBanking or Debit Card details
-> Your mandate will be approved within 5 working days.
-> We will link your SIP to the approved mandate.

These changes are designed to ensure compliance with the latest RBI directives and to maintain the integrity of your transactions on Upstox. You can refer to the RBI FAQs here: Reserve Bank of India - Frequently Asked Questions.

#Updates

27 February, Tue 12:54 pm

On Saturday, 2 March 2024, NSE & BSE will host a special LIVE trading session in the Equity and Derivative (F&O) segments. Why is this session happening? This session is happening because SEBI wants to ensure that market intermediaries such as Exchanges, Clearing Houses, and Depository Organizations can smoothly switch to a backup plan.. Read more

On Saturday, 2 March 2024, NSE & BSE will host a special LIVE trading session in the Equity and Derivative (F&O) segments. Why is this session happening? This session is happening because SEBI wants to ensure that market intermediaries such as Exchanges, Clearing Houses, and Depository Organizations can smoothly switch to a backup plan - the Disaster Recovery (DR) site in case of an unexpected disaster. It aims to ensure that trading activities continue without interruptions and that all data remains secure. What are the timings of this LIVE session ? The day will be divided into two trading sessions: Live Trading from the Primary Site (Trading Session 1):

Market Schedule	Start Time	End Time
Equity
Pre Open*	9:00 AM	9:08 AM
Normal Market	9:15 AM	10:00 AM
Derivative
Equity F&O	9:15 AM	10:00 AM

Live Trading from the DR Site (Trading Session 2):

Market Schedule	Start Time	End Time
Equity
Pre Open*	11:15 AM	11:23 AM
Normal Market	11:30 AM	12:30 PM
Closing Session	12:40 PM	12:50 PM
Derivative
Equity F&O	11:30 AM	12:30 PM

What to keep in mind on this day?

🔸 Any open orders not executed by the end of the first session will be cancelled and won’t be carried forward to the next session
🔸 Securities (including stocks having F&O Contracts) will have upper and lower circuit limits set at 5%
🔸 Stocks with existing 2% limits will maintain that limit
🔸 All futures contracts will operate within a 5% range
🔸 Typically, stocks in the F&O segment and futures contracts enjoy flexible price bands in a regular trading session. This means that if the circuit limit is reached, it is usually relaxed to facilitate continuous trading. However, this standard practice won't apply during this special session.
🔸 Only delivery trades would be allowed (No Intraday).
🔸 No fresh position would be permitted under MTF, only square off trades would be permitted.
🔸 Considering 2 March is a settlement holiday, any credits from the F&O segment and intraday profits from 1 March won't be available for trading during this session
🔸 Sale proceeds from BTST sell transactions on 2 March will be settled on Monday, 4 March. Credits will be available for trading on Tuesday, 5 March
🔸 SIP orders on Upstox won't be executed during the Special Trading Session. Scheduled SIP orders on 2 March will be processed on the next trading day i.e. 4 March
🔸 Brokerage charges will be applicable as usual
🔸 Fund withdrawals will not be processed on this day

For more information, check out the circulars here (NSE, BSE) This is the first time that the Exchanges are switching trading from their primary site to the disaster recovery (DR) site during a LIVE trading session. As per a notification from the Exchange (Refer to point 6), during this switch, there could be a possibility of executed trades getting cancelled by the Exchange. Details of such cancelled trades will be notified to you by EOD.

#Updates

22 February, Thu 4:27 pm

As we expand, we aim to offer more products and services, ensuring you have everything you need to Invest Right. We're currently restructuring to support this growth. Although 'Upstox' may be the name you're familiar with, our legal entity is 'RKSV Securities India Pvt. Ltd.' To streamline our structure and facilitate further growth, we're transitioning.. Read more

#Updates

24 January, Wed 4:08 pm

#Updates

23 January, Tue 7:07 pm

All ITM Natural Gas Option contracts on 23rd January 2024 will be converted into Futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the Future contracts before 10.00 PM today. Read more

#Updates

20 January, Sat 12:25 am

On account of a holiday declared under the Negotiable Instrument Act, please note the revisions in trade timings: Schedule for Saturday, 20 January Equity, Equity Derivatives: 9 AM - 3:30 PM Currency, Commodity: Closed Schedule for Monday, 22 January Equity, Equity Derivatives, Currency: Closed Commodity: 5 PM to 11:55 PM Note: The Special LIVE Trading.. Read more

#Updates

1 January, Mon 10:03 am

On account of New Year's day, Monday, Jan 1, 2024, please note: 👉 Commodity markets will be closed for the second session from 5 PM to 11:55 PM 👉 Intraday positions will be squared-off at 4:35 PM Read more

#Updates

8 November, Wed 6:32 pm

Muhurat Trading is a special 1-hour session held every year on the occasion of Diwali to mark the beginning of a New Samvat Year. Investors consider Muhurat Trading auspicious and believe it will bring wealth and prosperity throughout the coming year And to celebrate this auspicious occasion, we are offering brokerage*- free trading on 12th.. Read more

#Updates

27 October, Fri 11:44 am

On 26th October 2023 few of our users faced a market feed issue. We sincerely apologise for the inconvenience this might have caused. Here’s a detailed breakdown of why this happened and how we resolved it: 🔸 9:58 AM: We were alerted that one of our IT Systems had developed issues due to which some.. Read more

#Updates

13 October, Fri 7:18 pm

As per MCX/TRD/700/2023 and MCX/TECH/694/2023 circular, due to the introduction of a new Commodity (MCX) Derivatives Platform on Monday, 16th October, 2023 note the revised trading hours for orders on 16th October 2023 Particulars Special Session Trade Start Time Trade End Time Client Code Modification Session Non-Agri Commodities 10:30 AM to 10:44 AM 10:45.. Read more

#Revised Timings,Updates

9 October, Mon 7:54 pm

The Bombay Stock Exchange (BSE) has discontinued Stop Loss Market (SL-M) orders from 9th October 2023. What are Stop-Loss Orders? As the name suggests, Stop-Loss is an order placed to limit your losses. A stop-loss can either be a buy order or a sell order and is the opposite of your open trade. For instance,.. Read more

#Updates

6 September, Wed 8:50 am

As you haven’t validated your KYC details - email ID and mobile number registered with KRA (SEBI’s KYC Registration Agency) by 1st September, your account has been temporarily blocked and frozen by CDSL. To unblock it, please follow these steps: 👉 Visit cvlkra.com 👉 Click the KYC inquiry section 👉 Enter your PAN and captcha.. Read more

#Updates

4 September, Mon 10:52 am

With effect from 4th September 2023, please note the following changes while trading in illiquid Options: 👉 You will not be allowed to trade in Stock Option contract with a volume less than 100 👉 Following far OTM/DEEP ITM Stock Options contracts will be blocked for trading: 🔸 For current month expiry: Contracts with.. Read more

#Updates

1 September, Fri 10:43 am

We've noticed fake Telegram Channels such as ‘Upstox Data Tutor’ falsely claiming affiliation with Upstox. Please note that these channels are not official and Upstox has no connection with them. To ensure your account's security, follow these guidelines: ⛔️ Never share your passwords/PINs 🔄 Keep your app updated for the latest fixes 🛡️ Stay cautious.. Read more

#Updates

20 August, Sun 11:35 am

Reliance Industries Limited (RIL) demerged its financial unit Reliance Strategic Investments and renamed it Jio Financial Services (JSFL). The record date for the purpose of determining eligibility was 20th July 2023. Accordingly, all RIL shareholders as of 20th July will get one share of JFSL for every RIL share they own. 👀Due to this keep.. Read more

#Corporate Action,Holdings,Updates

13 July, Thu 5:14 pm

Reliance Industries Limited (RELIANCE) has declared to the Exchange the issuance and allotment of 1 equity share for every 1 equity share of Reliance Industries Limited held by existing shareholders.The record date for the purpose of determining shareholders who will be applicable for this is 20th July 2023. Due to this corporate action, keep in.. Read more

#Updates

11 July, Tue 11:29 am

Due to the merger between HDFC Limited and HDFC Bank, trading will be suspended in HDFC Limited from 13th July 2023. Due to this keep the following impact in mind: - You will not be able to trade in HDFC Limited from 13th July 2023 onwards and your HDFC Limited holdings will not be visible.. Read more

#Updates

10 July, Mon 12:40 pm

We can't wait to share some exciting new updates in our MTF (Margin Trading Facility). Applicable from 17th July 2023, you can now enjoy MTF Positions with lesser upfront margins! - Instead of just flat 50% margin, enjoy these margins: A. For F&O Stocks = VAR + 3 times ELM B. For Non F&O Stocks.. Read more

#Updates

25 April, Tue 10:33 am

As per Exchange guidelines, it is mandatory to link your PAN to your Aadhaar before 30th June 2023. If you do not link your PAN to your Aadhaar by this date, 👉 You will not be allowed to to trade from 1st July 2023 onwards 👉 Your PAN shall be considered as invalid. 👉 Any.. Read more

#Updates

18 April, Tue 2:02 pm

Traders, we’ve got good news for you! Now you can up your trades with these latest updates: 🚀490 790 Scrips Applicable For Equity Intraday Trading! Earlier equity intraday orders were applicable only on 490 scrips, but we’ve increased this limit to 790 scrips This means you can place equity intraday orders on 300 scrips more.. Read more

#Updates

3 April, Mon 11:20 am

As per the NSE exchange circular NSE/FA/56129, please note the revised transaction charges and revised STT (securities transaction tax applied by the government) applicable from 1st April 2023 onwards. Charges per lakh of traded value NSE Transaction Charges Old Rate (₹) New Rate (₹) Cash Market (traded value) 3.45 3.25 Equity Futures (traded value) 2.. Read more

#Updates

15 March, Wed 11:56 am

Nomination is an important aspect of managing your account in your absence, whether it's your bank account, trading account or Demat account. Why should you add a Nominee? A nominee is the person or person(s) you legally appoint to own your shares in your absence. 🔸 Adding a nominee can provide peace of mind knowing.. Read more

#Updates

2 March, Thu 10:26 am

Starting from 1st March 2023 BSE will be revising tick size for scrips trading below ₹100. Before 1st March 2023 scrips with price of ₹15 or below had a tick size of 0.01 on BSE. But now scrips with price of ₹100 or less will have tick size of 0.01 per tick instead of 0.05.. Read more

#Updates

20 February, Mon 12:27 pm

All ITM Natural Gas option contracts on 21st February 2023 will be converted into futures contracts. To avoid square-off, ensure that you maintain sufficient margin for the future contracts before 10.00 PM today. Read more

#Updates

27 January, Fri 5:13 pm

Rights Entitlements (REs) is the number of new shares that the shareholder of a company is eligible to apply for under the Rights issue offer of that company. The REs will be in the form of temporary Demat securities which will lapse if you do not use them to apply for the rights or sell.. Read more

#Updates

23 January, Mon 2:47 pm

As per SEBI, the T+1 settlement cycle is now becoming applicable to all equity stocks. This is being implemented in a phased manner. The first list of stocks applicable for the T+1 settlement cycle went live from 25th February 2022. The last list of stocks applicable for the T+1 settlement cycle will go live from.. Read more

#Updates

12 January, Thu 10:48 am

Starting from 12th January 2023, any Standard Withdrawal Request placed after 8 AM on a Friday, will be processed on a Monday. If Monday is a trading holiday it will be processed on the next trading day. What does this mean? To transfer funds from your trading account to your registered bank account linked with Upstox, you need to place a Standard Withdrawal request or an Instant Withdrawal request on our platform. Earlier, if you placed a Standard Withdrawal request after 8 AM on a Friday, your funds would get transferred to your registered bank account by 3 PM on Saturday if it was a working Saturday. However, now any Standard Withdrawal request placed after 8 AM on Friday will be processed by 3 PM on Monday. This means you’ll receive your funds in your registered bank account by 3 PM on Monday. If Monday happens to be a trading holiday, you’ll get your funds on the next trading day. Why has this change come into effect? As per a recent SEBI circular dated 20th July 2021, SEBI has introduced a mechanism wherein brokers in addition to depositing clients money with Exchange/Clearing Corporation (CC), are also required to allocate the funds to the respective clients at the Exchange/CC. This circular will ensure that client funds are not misused in any way. As the second phase of this circular comes into effect, your funds will be deposited and allocated to the Exchange/CC on a real time basis. And since the Exchange/CC are non functional on Saturday we will be unable to deallocate your funds and withdraw it from the CC/ Exchange to meet your withdrawals on weekends. What should you do, if you need funds earlier? If you need your funds earlier you have the option to place an Instant Withdrawal request on any trading day between 10 AM to 6 PM. By placing an Instant Withdrawal request, funds will be transferred from your Upstox account into your registered bank account within 15 minutes. For placing an Instant Withdrawal request, keep the following in mind → -Through Instant Withdrawal, you can withdraw anywhere between ₹100 up to ₹2 lakhs per day -Ensure that the IMPS mode is active on your bank account -Used margin is the total amount that you have utilised against any open or closed positions and it needs to be zero. -Positions that are still open and not squared off should be exited before placing an instant withdrawal request -Instant Withdrawal is only available on trading days. As per this, what’s the Standard Withdrawal TAT for all days?

Trading day	Withdrawal request time	Time frame
Monday - Friday	Before 8.00 AM	By 3:00 PM on the same day
Monday - Thursday	After 8.00 AM	By 3:00 PM on the next trading day
Friday - Saturday	After 8.00 AM	By 3:00 PM on Monday (or the next trading day if Monday is a holiday)
Bank holiday/ Settlement holidays/ Public holiday	Any time	By 3:00 pm on the next trading day

For further help, kindly refer to our help centre article here:

How can I withdraw funds from my Upstox account?

#Updates

30 December, Fri 1:47 am

Fresh orders under MTF will be accepted only for the scrips, listed under F&O. This change will be effective from 30th December 2022 until further notice. Thank you for your patience. Read more

#Updates

20 December, Tue 3:21 pm

As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on the expiry date. What is Physical Settlement? In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This.. Read more

As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on the expiry date. What is Physical Settlement? In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This implies they have to physically give/take delivery of Stocks to settle the open transactions instead of settling them with cash. Examples of physical settlement: Futures Long positions of 1 lot of Reliance, 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have a total contract value of Rs. 5 lakhs. Short positions of 1 lot Reliance 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have the holdings of 250 quantities of Reliance and Rs. 1 lakh margin money till the expiry date. Options Long - 1 lot of Reliance, 250 quantity for the strike price of Rs. 2000 Call (CE) Options. If the underlying price of Reliance is greater than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to maintain a free ledger balance of Rs 5 Lakh in your account, else physical settlement would not be done. Long - 1 lot of Reliance, 250 quantity for the Strike price of Rs. 2000 Put (PE) Options. If the underlying price of Reliance is lesser than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to provide the Stocks (shares) equal to the lot quantity positioned to be available in the Demat account, else physical settlement would not be done. Please note --

Short ITM PE options and treatment would be similar to Long ITM CE options. Free ledger balance equal to the contract value to be maintained.
Short ITM CE options, treatment would be similar to Long ITM PE options. Holdings shares of lot quantity are positioned to be available in the Demat account.

What is the process for Physical Settlement on Upstox? To opt for physical settlement on Upstox, you need to provide your consent first, and here are the details for the same:

To provide your consent for physical settlement of open Stock F&O contract(s) with December 2022 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Tuesday, 27th December 2022.
Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there are sufficient ledger balances/holdings (whichever applicable) is available.
Kindly, plan your trades keeping in mind that you will not be able to trade in fresh positions in the current December 2022 expiry F&O contracts from Wednesday, 28th December 2022 onwards.
Correspondingly, position conversion(s) on carrying forward of any stock futures positions shall also not be permitted.

What other impact could this have on your positions? Your position will automatically be squared off on expiry day at 12:00 PM in case:

You have not provided your consent for physical settlement
You provided your consent for physical settlement and do not have Ledger Value (equal to contract value) / holdings available for the physical settlement of your positions.
In the case of funds/holdings not being available for all the open positions, we will execute square-offs for all the positions. Thus no partial funds/holdings evaluation for the expiring positions will be considered by our team.

What else to keep in mind? Delivery margins would be applicable as per Exchange norms on all the existing long ITM (In The Money) stock option positions in a staggered manner as explained below:

10% of delivery margins computed on expiry -4 days EOD (Friday)
25% of delivery margins computed on expiry -3 days EOD (Monday)
45% of delivery margins computed on expiry -2 days EOD (Tuesday)*
70% of delivery margins computed on expiry -1 day EOD (Wednesday)*

To avoid margin shortages, Upstox would be blocking such (above-mentioned) delivery margins from the Beginning of the Day (BOD) instead of the End of the Day (EOD).
If the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and you would be liable to pay the entire amount of the settlement.

* If you have opted for physical settlement, you would be required to fulfill the entire funds (contract value) / holdings requirement by EOD on Tuesday, 27th December 2022. In the case of spread contracts, you are advised to provide margins for both legs since the risk of one leg square off by you anytime would result in physical settlement of the other leg. Brokerage in Physical settlement: Since there is a substantial increase in effort and risk to settle these F&O positions resulting in physical delivery if F&O positions result in the physical delivery brokerage will be 0.25% of the physical settled value. For all the netted-off positions brokerage will be 0.1% of the physical settled value. All physical settled contracts (Futures & Options) will also carry an applicable Exchange charge. And that’s all. Keep a watchful eye on this page for more updates from Upstox!

#Updates

16 December, Fri 4:35 pm

In case of concerns are not addressed within a reasonable time i.e. within 5 working days, you may escalate it to Next Level as per the defined matrix. Escalation Level Details of Contact Person Address Contact No. Email Id Operational / Working hours Level 1 Customer Care / Client Servicing Customer Service 30th Floor, SunshineTower,.. Read more

#Updates

19 November, Sat 9:55 am

On 18th November 2022 - CDSL (Central Depository Services Ltd) faced intermittent issues due to which, there was an industry-wide impact on a few transactions. What is the impact? On authorisation of MTF positions Some of you may have seen this error ‘Your request failed due to timeout’ while trying to authorise your MTF.. Read more

#Updates

16 November, Wed 12:16 pm

As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on the expiry date. What is Physical Settlement? In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This implies they have to physically give/take delivery of Stocks to settle the open transactions instead of settling them with cash. Examples of physical settlement: Futures Long positions of 1 lot of Reliance, 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have a complete contract value of Rs. 5 lakhs. Short positions of 1 lot Reliance 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have the holdings of 250 quantity of Reliance and Rs. 1 lakh margin money till the expiry date. Options Long - 1 lot of Reliance, 250 quantity for a strike price of Rs. 2000 Call (CE) Options. If the underlying price of Reliance is greater than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to maintain a free ledger balance of Rs 5 Lakh in your account, else physical settlement would not be done. Long - 1 lot of Reliance, 250 quantity for a Strike price of Rs. 2000 Put (PE) Options. If the underlying price of Reliance is lesser than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to provide the Stocks (shares) equal to the lot quantity positioned to be available in the Demat account, else physical settlement would not be done. Please note --

Short ITM PE options and treatment would be similar to Long ITM CE options. Free ledger balance equal to the contract value to be maintained.
Short ITM CE options, treatment would be similar to Long ITM PE options. Holdings shares of lot quantity are positioned to be available in the Demat account.

What is the process for Physical Settlement on Upstox? To opt for physical settlement on Upstox, you need to provide your consent first, and here are the details for the same:

To provide your consent for physical settlement of open Stock F&O contract(s) with November 2022 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Tuesday, 22nd November 2022.
Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there are sufficient ledger balances/holdings (whichever applicable) is available.
Kindly, plan your trades keeping in mind that you will not be able to trade in fresh positions in the current November 2022 expiry F&O contracts from Wednesday, 23rd November 2022 onwards.
Correspondingly, position conversion(s) on carrying forward any stock futures positions shall also not be permitted.

What other impact could this have on your positions? Your position will automatically be squared off on expiry day at 12:00 PM in case:

You have not provided your consent for physical settlement
You provided your consent for physical settlement and do not have Ledger Value (equal to contract value) / holdings available for the physical settlement of your positions.
In the case of funds/holdings not being available for all the open positions, we will execute square-offs for all the positions. Thus no partial funds/holdings evaluation for the expiring positions will be considered by our team.

What else to keep in mind? Delivery margins would be applicable as per Exchange norms on all the existing long ITM (In The Money) stock option positions in a staggered manner as explained below:

10% of delivery margins computed on expiry -4 days EOD (Friday)
25% of delivery margins computed on expiry -3 days EOD (Monday)
45% of delivery margins computed on expiry -2 days EOD (Tuesday)*
70% of delivery margins computed on expiry -1 day EOD (Wednesday)*

To avoid margin shortages, Upstox would be blocking such (above-mentioned) delivery margins from the Beginning of the Day (BOD) instead of the End of the Day (EOD).
If the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and you would be liable to pay the entire amount of the settlement.

* If you have opted for physical settlement, you would be required to fulfill the entire funds (contract value) / holdings requirement by EOD on Tuesday, 22nd November 2022. In the case of spread contracts, you are advised to provide margins for both legs since the risk of one leg being squared off by you at any time would result in the physical settlement of the other leg. Brokerage in Physical settlement: Since there is a substantial increase in effort and risk to settle these F&O positions resulting in physical delivery if F&O positions result in the physical delivery brokerage will be 0.25% of the physical settled value. For all the netted-off positions brokerage will be 0.1% of the physical settled value. All physical settled contracts (Futures & Options) will also carry an applicable Exchange charge. And that’s all. Keep a watchful eye on this page for more updates from Upstox!

#Updates

9 November, Wed 12:52 pm

We have discontinued offline process for the following: -Activating segments - F&O, Commodity, Currency -Adding nominees -Changing/adding another bank account -Changing registered email address -Changing registered mobile number All of the above processes can now be done online. Steps for each are given below: - Activating segments: Segment Addition - Adding nominee: How can I.. Read more

#Updates

SESSIONS	EQUITY/CASH	NFO	CURRENCY	COMMODITY
Pre-open	6:00 PM - 6:08 PM	-	-	-
Normal market	6:15 PM - 7:15 PM

Particulars	Special Session	Trade Start Time	Trade End Time	Client Code Modification Session
Non-Agri Commodities	10:30 AM to 10:44 AM	10:45 AM	11:30 PM	11:30 PM to 11:45 PM
Select Agri Commodities (Cotton & Kapas)	10:30 AM to 10:44 AM	10:45 AM	9:00 PM	9.00 PM to 9.15 PM
All Other Agri Commodities	10:30 AM to 10:44 AM	10:45 AM	5:00 PM	5.00 PM to 5.15 PM

Particulars	Special Session	Trade Start Time	Trade End Time	Client Code Modification Session
Non-Agri Commodities	08:45 AM to 08:59 AM	09:00 AM	11:30 PM	11:30 PM to 11:45 PM
Select Agri Commodities (Cotton & Kapas)	08:45 AM to 08:59 AM	09:00 AM	9:00 PM	9.00 PM to 9.15 PM
All Other Agri Commodities	08:45 AM to 08:59 AM	09:00 AM	5:00 PM	5.00 PM to 5.15 PM

	Charges per lakh of traded value
STT Charges	Old Rate (₹)	New Rate (₹)
Equity Futures (traded value)	10	12.5
Equity Options (premium value)	50	62

Close price in ₹	Tick size in ₹
0 - 100	0.01
100 and above	0.05

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Company	Rights Entitlements (RE)	ISIN	RE Listing Date	RE Last Trading Date	Last Day to Apply for Rights Shares
Vaxfab Enterprises Ltd	VEL-RE	INE560T20015	Jan 18	Feb 06	Feb 10
Rajapalayam Mills Ltd	RAJAPAL-RE	INE296E20026	Jan 18	Feb 02	Feb 07
Pacific Industries Limited	PACIFIC-RE	INE883C20017	Jan 19	Jan 30	Feb 02
Family Care Hospitals Ltd	FAMILY-RE	INE146N20016	Jan 23	Feb 01	Feb 07
Markolines Pavement Technologies Ltd	MARKO-RE	INE0FW020016	Jan 27	Feb 06	Feb 09
Indowind Energy Limited	INDO-RE	INE227G20018	Jan 27	Feb 06	Feb 10
Heritage Foods Limited	HERITGFOOD-RE	INE978A20019	Jan 30	Feb 08	Feb 13

Escalation Level	Details of	Contact Person	Address	Contact No.	Email Id	Operational / Working hours
Level 1	Customer Care / Client Servicing	Customer Service	30th Floor, SunshineTower, Senapati Bapat Marg, Dadar(W), Mumbai, Maharashtra 400013	022-41792999	support@upstox.com	All Trading Days – 8 am to 5 pm
Level 2	Head of Customer Care	Jeffrey DeSouza	30th Floor, SunshineTower, Senapati Bapat Marg, Dadar(W), Mumbai, Maharashtra 400013	022-4179 2936 / 022-7114 6936	complaints@upstox.com	All Trading Days – 8 am to 5 pm
Level 3	Compliance Officer	Manoj Agarwal	30th Floor, SunshineTower, Senapati Bapat Marg, Dadar(W), Mumbai, Maharashtra 400013	022-7114 6955 / 022-4179 2955	compliance@upstox.com	All Trading Days – 8 am to 5 pm
Level 4	CEO	Ravi Kumar	30th Floor, SunshineTower, Senapati Bapat Marg, Dadar(W), Mumbai, Maharashtra 400013	022-7114 6941 / 022-4179 2941	ceodesk@upstox.com	All Trading Days – 8 am to 5 pm

ANNOUNCEMENTS

Our latest announcements and updates

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Upstox - Stocks, IPO, MF

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What does this mean for you?

New Banking Details

What next?

Upstox - Stocks, IPO, MF

Our latest announcements
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