info@siddhardthcommodities.com +91- 7792007792

Trade with

At Siddhartha Commodities PVT. LTD. you have
access to a wide range of
investment choices, online trading platforms, research and investment education to help you build and manage a portfolio suited to your needs.

Open an Account


How to Open a Demat and Trading Account

  • Visit our website https://siddharthacommodities.com/ and click on DOWNLOAD ACCOUNT OPENING FORM
  • You can also download the account opening form from Download section under head FORMS
  • Fill up all the details after taking print out of form along with KYC form.
  • Visit our corporate Office C-73, Adarsh Nagar, Near Adarsh Nagar Police Station, Jaipur 302004 alongwith your Original PAN and Adhar for Inter personnel verification and submit hard copy of form along with bank statement and income proof.
OR
  • You may directly visit our corporate Office C-73, Adarsh Nagar, Near Adarsh Nagar Police Station, Jaipur 302004 or contact us on +141 -4911811 for account opening
  • Your RM will contact you in case there is any rejection of your account opening form.

What is a Trading Account?
Similar to a bank account, a trading account is used to trade in different kinds of securities and commodities by the investor. Meanwhile, a trading account is required to hold or buy new securities and commodities. It is not possible to buy or sell a unit of security or commodity without a trading account. You just have to place the order through the trading account and the request to buy/sell is forwarded to the stock exchanges. Before placing any order client has to deposited upfront required margin to his broker.
Features of Trading Account
A trading account is not limited to stocks, there are trading accounts for currencies, commodities, bonds, gold and exchange-traded funds. The biggest benefit is that you can open trading accounts online and not visit a bank or the office of the broker since trading accounts provide one-point access unlike physical trading. Through a single trading account, you can access stock exchanges like BSE and NSE, commodity exchanges like Multi-Commodity Exchange and National Commodity and Derivatives Exchange. Opening trading accounts online gives you

Step-by-Step Guide on How to Open a Demat and Trading Account

Opening a Demat and trading account opens up a host of investing possibilities. You can open a Demat and trading account in a few simple steps:

In the first step, choose a brokerage firm to open a trading account after conducting a thorough research. Take the various charges levied by brokerages, the interface of the trading platform and the value-added services into account before finalizing a brokerage.
After selecting a broker, enquire about the trading account opening procedure. The brokerage will require you to fill up an account opening form and a Know Your Customer (KYC) form. A representative from the brokerage firm will assist you with the process.
You will also have to submit identity proof, residence proof and proof of income and bank statements. A photocopy of the Aadhar card or passport, besides several other documents, can be used as proof of residence and a copy of an Aadhar card or PAN card can be used as identity proof. The PAN card is compulsory to open a trading account.
Post submission of the documents, the brokerage will conduct a manual KYC verification. A representative may visit your house to verify the documents or an online verification will be conducted. If you do not want to manually verify the documents, you can opt for the e-KYC process. For the e-KYC process, your PAN card should be linked to the Aadhar card and your bank account. The mobile number submitted in the account opening form should be the same as the Aadhar card for the e-KYC process.
It generally takes 3-4 days to activate the trading account after the completion of the verification process.

FAQ FOR ACCOUNT OPENING AND ACTIVATION
  • Which type of account that can be opened with Siddhartha?
  • Trading Account
  • In which segments I can open an account with Siddhartha?
  • Commodity
  • Who can open a Trading account with Siddhartha?
  • Individual
  • Resident Individuals
  • NRIs
  • Non-individual
  • Corporate
  • Partnership firms
  • Registered/Unregistered trust
  • Registered/Unregistered society
  • Association of Persons (AOP)
  • FII/FPI (Only Trading Account)
  • Bank
  • Mutual funds
  • LLP (Limited Liability Partnership)
  • What are the documents required for opening the account?
  • Resident Indian Individual account
  • Proof of Identity (PAN with photograph mandatory)
  • Proof of Address (Passport/ Voters Identity Card/ Ration Card/ Registered Lease or Sale Agreement of Residence/ Driving License/ Flat Maintenance bill/ Insurance Copy /Aadhaar Letter issued by Unique Identification Authority of India./
  • Telephone Bill (only land line)/ Electricity bill/
  • Gas bill/Bank Account Statement/Passbook – (Not more than 3 months old – as on date of receipt for documents).
  • Proof of Bank account
  • Income Poof (Mandatory incase of derivatives/Currency Segment )
  • Last 6 month bank statement
HUF Account:
  • HUF PAN copy
  • HUF address proof
  • HUF bank proof
  • Last 6-month bank statement
  • Karta's PAN card copy (individual with photo visible)
  • Karta's address proof
  • ITR and balance sheet of the last 2 years
  • Last 6-month bank statement
  • No Objection Certificate from all Co-Parceners, along with a list of Co-Parceners
  • Details of Family members and PAN numbers of co-parceners
Partnership Firm Account:
  • Partnership firm can open a trading account in the name of the firm
  • PAN card of Partnership firm
  • Address proof of Partnership firm
  • Bank proof of Partnership firm
  • PAN card copy along with address proof for all authorized partners is mandatory
  • Declaration required duly signed by all partners
  • Declaration to be given by partners on the letterhead of the firm
  • List of partners required on the letterhead of the firm
  • Profit-sharing certificate required with a percentage on the letterhead of the firm
  • Copy of Partnership Deed required
  • Last 2 years' Annual Accounts (audited Balance sheet) (C.A. Certified)
  • Latest Net worth certificate
  • Last 6-month bank statement
  • Firm's stamp required on all places where signatures are done on the trading account agreement form and all related documents
  • Registration certificate required
NRI Account:
  • Two types - NRE and NRO
  • India address proof (not required in the case of NRE)
  • Foreign address proof (Mandatory in both cases)
  • PIS Letter (issued by RBI)
  • PAN card
  • Bank Account Statement/ Passbook Bank proof should indicate NRE/NRO saving a/c bank details
  • If NRE or NRO is not mentioned (pre printed) on cheque, then bank verification letter is required.
  • All the photocopy of the KYC document should be attested by the any of the entities: Notary Public, any Court, magistrate, judge, Local banker, Indian embassy, Consulate General of the country where NRI is residing.
Corporate Account:
  • PAN Card copy of the corporate
  • Bank proof of the corporate
  • Address proof of the corporate
  • Last 2 year's annual reports & income tax returns
  • Latest Net worth certificate
  • Last 6 month bank statement
  • Memorandum & Articles of Association
  • Board Resolution as per the Specific Format
  • List of Authorized Signatory
  • Copy of latest share holding pattern of the Company
  • Form no 32 (If changes in directors)
  • List of Directors (name & signature) with their shareholding
  • Stamp of the corporate required on all the signatures as well as the supporting documents
  • PAN copy of all the directors
  • Certified copy of the Board resolution (As per the format given in form and it should be on the letterhead of the Company)
  • Undertaking letter is required if the company is involved in share broking business or any investment made in broking business
  • For Foreign entities, CIN is optional; and in the absence of DIN no. for the directors, their passport copy should be given
  • Format of declaration of beneficial owners
Trust Account:
  • PAN card copy of the Trust
  • Last 2 years’ audited annual accounts
  • Copy of Income tax return
  • Certified copy of the Trust-Deed
  • List of trustees with signatures across their photograph as well as Trust stamp
  • Board Resolution
  • Trust Stamp required on all the signatures as well as the Supporting documents
  • PAN proof along with the address proof of trustees
  • Copy of Trust registration certificate
  • Proof of the address of the registered office of Trust
  • List of Authorized trustees along with specimen signatures
How to Open an Account with Siddhartha:

Offline:

You can call on phone number 7792007792 / 0141-4911811 and you will connect with an RM (Relationship Manager) who will assist you in account opening.

Rejection Notification:

Your RM will contact you in case there is any rejection of your account opening form.

Account Opening Notification:

You will receive:

  • Welcome SMS on your registered mobile number
  • Welcome email on the registered email address
  • Welcome letter along with a welcome kit on the registered address
I have not received the welcome letter. What should I do?

In case you do not receive the welcome letter along with welcome kit and the same is returned to us and your account will be freezed.

How can I unfreeze the account if I have not received the welcome letter? You can call on 7792007792 /0141-4911811 to unfreeze the account.

Attention Investors

1.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 again when you approach another intermediary. | 2. Prevent Unauthorized Transactions in your Demat and/or Trading account- Update your Mobile Number with your Depository Participant and Stock Brokers. Receive alerts on your Registered Mobile/ Email ID for all debit and other important transactions in your account directly from CDSL/Exchanges at the end of the day. | 3. No need to issue cheque/s 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. No worries for refund as the money remain in investor’s account. | 4. Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website. | 5. Please update your 6 KYC attributes viz. Name, Address, PAN (linked with Aadhaar), Valid Mobile Number, Valid Email ID and Income Range, failing which your Demat and/or Trading account/s, will be liable for being frozen for debits. | 6. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs)( issued vide circular reference — for NSE – NSE/INSP/45191 dated July 31, 2020 & NSE/INSP/45534 dated August 31, 2020 and for BSE – issued vide notice no. 20200731-7 dated July 31, 2020 & 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. | 7. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. | 8. Whenever you are buying of Rights entitlements (RE), please note that such buying of RE shall not automatically result in credit of the Rights Equity shares in your demat account and you will have to apply for the Right Equity Shares in order to receive the same. 9. Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms. 10. Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms. 11. Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: https://www.nseindia.com/invest/about-defaulter-section. 12. Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client. 13. Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly. 14. Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith. 15. Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy. 16 Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.” – Members may take note of the above and comply.

“The Stock Exchange Mumbai is not any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-Laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this website or for any services rendered by us, our employees and our servants.”

Attention Investor

  • Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

  • Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

  • Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors"

In case, if you want to register your complaint through SEBI Score Portal, please Click here

Stock Exchange Membership & SEBI Registration Details & Other Details

Siddhartha Commodities Pvt.Ltd.
Corporate Member: Multi Commodity Exchange of india Ltd. (MCX) & National Stock Exchange of India Ltd. (NSE)
SEBI Reg. No. - INZ000086139 | Member Code MCX: 31460, NSE: 90344 | CM Code: M70076 | CIN No. - U51109RJ2004PTC019795 | GST NO. - 08AAICS9411J1Z0 | TAN NO. – JPRM04044F |
PAN NO. - AAICS9411J

Registered Address:

C-73, Adarsh Nagar, Near adarsh nagar Police Station, Jaipur - 302004


Disclaimer: "Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing." "Brokerage will not exceed the SEBI prescribed limit."

"Siddhartha Commodities Private Limited is engaged in Client based and proprietary trading on various stock exchanges."

Filing complaints on SCORES - Easy & quick

Filing compliant on SCORES – Easy & Quick: (a) Register on SCORES Portal (b) Mandatory details for filing complaints on SCORES i. Name, PAN, Address, Mobile Number, E-Mail ID (c) Benefits: i. Effective Communication ii. Speedy redressal of the grievances.

In case, if you want to register your complaint through SEBI Score Portal, please Click here

In case, if you want to register your complain via SMART ODR Portal (Online Dispute Resolution Portal) click here https://smartodr.in/login

SCORES Tollfree Investor Helpline

1800 266 7575 or 1800 22 7575 (All days from 9:00 AM to 6:00 PM excluding declared holidays in the state of Maharashtra)

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do’s & Don’t’s) in Vernacular Language :
Click to Link CLIENT REGISTRATION DOCUMENTS)
Note: “This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail.”