Punch

Punch is a technology-led, SEBI‑registered broking platform operating on a flat ₹1 per order model, built primarily for active options and equity traders who need speed, reliability, and powerful chart-integrated tools. It leverages Market Pulse’s legacy in mobile charting, is backed by respected venture investors, and competes in India’s discount broking market through a mix of high performance, mobile-first UX and aggressively low pricing rather than traditional advisory or research-heavy services.

Core Products and Services

• Equity trading in listed stocks on NSE and BSE with a mobile-first, single-screen interface for analysis and execution.

• Intraday and scalping tools with low-latency execution, including split charts and scalper mode for high-frequency traders.

• Index and stock options trading with advanced analytics such as open interest, PCR, IV, and VIX to support options strategies.

• Trade-from-charts capability, allowing orders, stop-loss and targets to be placed and managed directly on charts, plus protection-order features for risk control.​

Business Model and Revenue Streams

• Flat ₹1 brokerage per executed order across all supported segments (equity delivery, intraday, options).

• Volume-driven discount-broker model focused on active and intraday/options traders who place many trades and generate high order volumes.

• Pass-through of statutory and exchange charges (STT, exchange transaction charges, SEBI fees, stamp duty, GST), which are collected from clients as per regulations.

• Cost efficiency through a lean, tech-heavy, mobile-first setup, enabling sustainable ultra-low brokerage while scaling with growing transaction volumes.