Terms of Use
Last Updated: July 2026
1. Acceptance of These Terms
This website (www.sphpnp.com) is operated by the Panipat branch of Shri Parasram Holdings Pvt. Ltd. ("Parasram", "we", "us", "our"), a SEBI-registered stock broker and depository participant. By accessing or using this website, you agree to be bound by these Terms of Use and by all applicable laws and regulations. If you do not agree with any part of these terms, please do not use this website.
2. Scope of the Website
This website is an informational and service-facilitation platform for the Panipat branch. It provides details of our broking, depository, and investment-facilitation services, market information, educational content, and tools such as calculators and screeners. Trading, settlement, and depository operations are carried out through the regulated systems of Shri Parasram Holdings Pvt. Ltd. and the relevant exchanges and depositories (NSE, BSE, MCX, NSDL, CDSL), and are governed by the separate account-opening documents you sign at onboarding.
3. Eligibility
To open an account or use our services you must be at least 18 years of age, of sound mind, and competent to enter into a legally binding contract under the Indian Contract Act, 1872. You must not be barred from accessing securities markets by SEBI or any other regulatory authority.
4. Account Opening & KYC Obligations
- You agree to provide true, accurate, and complete information during KYC and account opening, including PAN, Aadhaar, bank, and income details as required by SEBI regulations.
- You are responsible for keeping your login credentials, passwords, TPINs, and OTPs confidential. Any activity carried out through your credentials is your responsibility.
- You must promptly notify us of any unauthorised use of your account or any breach of security.
5. Brokerage, Charges & Payments
Rates published on this website (including on our Pricing & Charges page) are indicative and may be customised based on your trading volume, segments, and order profile. Brokerage, statutory levies (STT, exchange transaction charges, SEBI fees, stamp duty, GST) and other charges are applied in accordance with your agreed tariff and prevailing regulations, and are subject to change without prior notice. In case of any conflict, the tariff recorded in your signed account documents prevails.
6. Market Risk Disclosure
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. The value of investments in equity shares, derivatives, debentures, mutual funds, and other instruments can go up or down, and past performance is not indicative of future results. Investments are not obligations of, nor guaranteed by, Parasram. Derivatives and margin trading carry a high level of risk and may not be suitable for all investors.
7. No Investment Advice
Unless expressly provided under a signed research or advisory agreement, the content on this website - including articles, market data, tools, and general information - is for educational and informational purposes only and does not constitute investment, tax, legal, or financial advice or a recommendation to buy or sell any security. You should make your own independent assessment and consult a qualified professional before acting on any information.
8. Acceptable Use
You agree not to:
- Use the website for any unlawful, fraudulent, or manipulative purpose, including market manipulation or insider trading.
- Attempt to gain unauthorised access to any part of the website, its servers, or connected systems.
- Introduce viruses, malware, or other harmful code, or interfere with the proper working of the website.
- Copy, scrape, reproduce, or redistribute website content except as permitted under Section 9.
9. Intellectual Property
All content on this website - text, graphics, logos, tools, and software - is the property of Parasram or its licensors and is protected by applicable intellectual-property laws. You may view and print content for personal, non-commercial use only. Any other use requires our prior written permission.
10. Third-Party Links
This website may contain links to third-party websites and data sources (such as exchanges and data providers). Such links are provided for convenience only. We do not control and are not responsible for the content, accuracy, or practices of third-party sites, and access to them is at your own risk.
11. Limitation of Liability
To the maximum extent permitted by law, Parasram shall not be liable for any direct, indirect, incidental, special, or consequential loss or damage arising from your use of, or inability to use, this website, including losses due to reliance on information, delays, interruptions, or errors. We do not warrant that the website will be uninterrupted, error-free, or free of viruses or other harmful components. Nothing in these terms limits any liability that cannot be excluded under applicable law.
12. Indemnity
You agree to indemnify and hold harmless Parasram, its directors, employees, and representatives from any claims, losses, or expenses arising out of your breach of these Terms of Use or your misuse of the website.
13. Privacy
Your use of this website is also governed by our Privacy Policy and Cookie Policy, which explain how we collect, use, and protect your information.
14. Grievance Redressal
For any complaint or grievance, please contact our compliance team at compliance@sphpl.com. If your grievance is not resolved satisfactorily, you may escalate it to the exchanges or through SEBI's online complaint platform, SCORES, at scores.sebi.gov.in.
15. Governing Law & Jurisdiction
These Terms of Use are governed by the laws of India. Subject to the arbitration and dispute-resolution mechanisms of the relevant exchanges and SEBI regulations, the courts at Panipat, Haryana shall have jurisdiction over any dispute arising from the use of this website.
16. Changes to These Terms
We may update these Terms of Use from time to time. Changes take effect when posted on this page. Your continued use of the website after any change constitutes acceptance of the revised terms.
17. Contact
For questions about these Terms of Use, contact the Panipat branch at parasrampnp@gmail.com or see our Contact page.