General

After depositing securities as margin, by how much do limits increase? Where can I view all securities deposited as margin?

On depositing securities, F&O limits and Equity limits increase after your pledge request has been successfully confirmed by the 'Limit to be created' indicated on the 'Pledge & Create Limit' page. This is arrived at for each security as per the following formula: (Quantity of the stock deposited * Valuation Price of the stock ) * (1 - Haircut% for the stock) The valuation price and haircut% are specified by ICICI Securities. Generally, the closing price of a stock on the previous day is specified as the valuation price. The haircut% for all eligible stocks can be seen in the 'Stock List' page in the (Equity andF&O) section. The valuation price and the haircut% for all stocks available for deposit can also be seen in the ''Pledge & Create Limit' page. The limit arising out of securities deposited can be seen in the F&O and Equity limit page. Limit would be arrived by aggregating. (a) Allocation of funds from back account (voluntary in the form of 'Bank Allocation and involuntary in the form of 'Block for Trade') (b) Securities Deposited (c) Settlement balances (net) The details of how limit is arising from individual securities deposited can be seen in the F&O and Equity Deposited Securities page.