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Securities Lending & Borrowing (SLB)

What?

SLB is a legally approved medium for lending and borrowing of securities. It is done for a stipulated period of time at a certain lending or borrowing fee.

Why?

Provides an incremental return to the Lender on a long hold strategy portfolio. No risk as the settlement is guaranteed by the NSE Clearing Ltd. (NCL) thereby ensuring the return of stock.

WHo?

Scenarios in our experience where opportunities arise for Borrowers.

  • To cover short position or to avoid settlement failure.
  • Reverse arbitrage when futures are at a discount to stock.
  • Borrow demand due to Physical Settlements in Equity Derivatives.
  • Financing the Trading Book at a lower book of interest.

Margins

Lenders:

  • 25% of Lending Price & MTM at EOD
  • No margins if securities delivered early.

Borrowers:

  • On T day- 100% of Lending fees
  • On T+1 day- 100% of Lending Price, VaR, ELM & MTM at EOD.

Corporate Action Treatment

Dividend: Dividend amount collected from borrower and paid out to lender on book closure start date.
Stock Split: Borrowers’ position proportionately adjusted. Lender receives revised quantity of shares in reverse leg settlement.

Early Recall And Repay Facility

Early Recall facilityEarly Repay Facility
Available for lenders of securities, is as good as borrowing.Available for borrowers of securities, is as good as lending.
Facility to call back the securities lent prior to predefined tenorFacility to return the securities borrowed prior to predefined tenor.
Used when lenders want to sell their holdingsUsed when borrowers have executed their planned strategy and no longer need the securities.

Product Specifications

Trade Related:

  • More than 386 securities-including F&O,sligible non F&O stocks and ETF.
  • 9:15 am to 5:00 pm
  • Rollover facility available.

Orders:

  • Types: Lend,Borrow,Repay,Recall.
  • Quotes: Lending fee per share.
  • Screen Based anonymous trading.

Settlement:

  • 1st Leg : T+1
  • Reverse Leg: 1st Thursday of respective series month.
  • Reverse Leg Date postponed to nest working day in case of Thursday being a holiday.

Contact us for further information!

If you are convinced with our services, you can fill the form to open an account with us and we shall get back to you with more details.For further details, write to us at bahubali10@yahoo.com  or Contact Mr. Shresth Jain  at +91.9958608968.

Bahubali stands for creating an environment where investors' interests come first, clients are empowered to gain from market opportunities and long term relationships are built with our clients.

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+91 8069209500

backoffice@bahubali.in

12, India Exchange Place, 3rd Floor, Kolkata – 700 001

Attention Investors
• Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
• Update your mobile number & email Id with your stockbroker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
• Pay 20% upfront margin of the transaction value to trade in cash market segment.
• Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020and other guidelines issued from time to time in this regard.
• Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Bahubali refers to Shree Bahubali Stock Broking Limited: CIN- U17125WB1994PLC210459

Shree Bahubali Stock Broking Limited acts in the capacity of a distributor for Mutual Funds having AMFI Registration Number - 77517. EUIN No.: E027705, E184248. Broking and DP services offered by Shree Bahubali Stock Broking Limited under SEBI Registration No.: INZ000103838 (Member of NSE, BSE and MSEI), IN-DP-NSDL-80-99 (DP with NSDL) and IN- DP-CSDL-632-2011 (DP with CDSL).

Shree Bahubali Commodity: INZ000094235 Shree Bahubali Corporation Limited-RBI registered NBFC-21 83433

Investor grievance resolution team: (+91) 8069209500. Name of the Compliance Officer for Trading & DP - Amit Jain, Email IDs: compliance@bahubali.in . Corporate Office: 12, India Exchange Place, 3rd Floor, Kolkata – 700 001, Telephone No.: (+91) 8069209500

Filing compliant on SCORES – Easy & quick: a. Register on SCORES portal. b. Mandatory details for filing complaints on SCORESi. Name, PAN, Address, Mobile Number, E-mail IDc. Benefits:i. Effective Communicationii. Speedy redressal of the grievances : You may refer the website : https://scores.gov.in/scores/Welcome.html :for more information.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment.

Attention Investors : Prevent Unauthorised transactions in your trading/demat account. Update your mobile numbers/email IDs with your stock broker/depository participant.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process