
Navia Markets is one of the Primary Online & Offline E-brokering Companies located in South India. The services of Navia started from1985 with an objective to make investing suitable, safe and reasonably priced. It enables both Resident Indians and Non-Resident Indians (NRIs) to trade on the Internet with best recommendations and live quotes. Navia Markets are members of National Stock Exchange (NSE) and Madras Stock Exchange (MSE) as well as a Participant of National Securities Depository Limited (NSDL).
Navia Offers
Navia offers Equities & Derivatives Trading, Mutual Fund, Initial Public Offering (IPO) Investments, and Employee Stock Ownership Plan (ESOP), liquidation and repatriation services. One can also be a franchisee of Navia Markets. They have international clientele from countries like USA, Canada, UK, UAE, Australia, Japan, Germany, Kenya, New Zealand and many others.
IPO: When a company issues a common stocks or shares to the public for the first time, in order to expand its capital it is commonly known as Initial Public Offering (IPO). Navia offers IPO services with related information such as current and forthcoming initial public offering reports, with the best recommendations from share brokers.
All the above mentioned investment facilities are available for both Resident Indians and NRIs. For investing the amount in shares one should have the Dematerialized account where investments are done without any paper credentials.

With the onset of technology and its augmentation, everything today has become â??onlineâ?? and this includes trading! All non-residents today trade online. Almost all the registered brokers today offer Online Trading facility in Equities for non-residents. But of course, there are certain prerequisites for being able to trade online. The non-resident must have/open: 1. Bank account with a Portfolio Investment Scheme (PIS) Designated Bank (DB) 2. Demat account with broker 3. Broking account with broker. Before proceeding further, let us tell you what exactly all these accounts are. PIS Account: Portfolio Investment Scheme, better known as PIS, account is mandatory for all Indians living abroad, and enables non-residents to invest in the shares of Indian companies based on repatriation or non-repatriation, in respect of shares or convertible debentures sold or purchased through a registered stock broker on a recognized stock exchange. Please note that other means of acquiring shares (like bonus shares, shares purchased through IPO etc. ) is not covered under this scheme. Demat/DMAT Account: Dematerialised or DMAT account is similar to any conventional bank account, the only difference being that the latter deals with money, while the former deals with sale and purchase of stocks. Maintained with a Depository and opened through a Depository Participant (DP), we at nriinvestindia. com help our clients to open such an account in India. Broking/Trading Account: The name might sound complex, but trading account is nothing but an account opened with a stock brokers, enabling you to buy and sell shares or any other financial instruments through them. Now that you know what these accounts mean, we now proceed to tell you how to open these accounts, and the various documents you will need, if any, for the same. Opening a Bank Account with a PIS DB: To invest in the secondary market, non-residents require the permission of the Reserve Bank of India (RBI), and for this you need to open a bank account with a DB under the PIS. The fund for investment in the market has to be routed through the PIS Bank account. The brokers can have a tie-up with UTI Bank, HDFC Bank, IndusInd Bank etc for this purpose since these are the DB of the RBI, and can hence issue RBI approval to non-residents. The account can be opened based on whether you want benefits of repatriation upon investing (NRE Account) or do not wants benefits on repatriation upon investing (NRO Account). Brokers will send you a trading account opening kit enclosed with the application forms for opening Bank account as well with any one of the above-referred DB under the Portfolio Investment Scheme. This will facilitate online trading for non-residents around the world. Upon receiving these forms, the DB will open two bank accounts â?? a PIS account and non-PIS account. All investments and sale proceeds will be done through the PIS account. Please remember that the PIS account needs to be funded before the broker can make investments. The non-PIS account functions like any usual Savings Bank non-resident account, and transactions other than those under the PIS account will be routed through the non-PIS account. In case of NRO accounts, the non-PIS transaction would include payment to IPO and ESOP, dividend payment, amongst others. You need to produce the following documents while opening a PIS account: * Attested copy of Passport. * Attested copy of Valid VISA copy /Work permit (Iqqama for middle east countries). * Details of existing shares holding both in NRI status & resident status duly signed. * 3 Passport size Photographs. The DB shall send the A/c opening intimation directly to the clients & a copy of the RBI approval is delivered to the broker. On receipt of the RBI approval from the DB, the broker proceeds to the next step – opening a Demat and Broking account. Opening a DMAT account with a broker: Based on RBIâ??s approval, the broker will open the DMAT account in the same status (NRE or NRO) and pattern (Joint or Single) as is the account with the bank. Shares are held here in an electronic form and shares bought by the client get credited on the second working day from the day of purchase. Example: Shares bought on Monday will be credited on Wednesday; those bought on Tuesday will be credited on Thursday, and so on. Opening a Broking/Trading account with a broker: Broking account is a trading account with the help of which the client does the transactions of â??buyâ?? and â??sellâ?? in the Secondary Market. The broking account is opened after the DMAT account gets opened, and the former is linked with the latter. Now that you know the process of opening the various accounts, we will now inform you, in detail, about the trading process and the transactions of â??buyâ?? and â??sellâ??. Trading process: To enable the client to trade, the client is given, generally, a Trade Login User ID and a password. All the client has to do is place the “Buy” and “Sell” Orders on the Broker’s Trade Page. Most of the Brokers have user-friendly Trading System thus ensuring that the client has a pleasant trading experience. Buy: By moving funds in her/his PIS account to the broker, the client can initiate a â??buyâ?? transaction. The movement of the fund is done in less than a minute and accordingly the Trading Limit is updated facilitating the client to buy shares. Once the NRI has bought and/or sold the balance money, if any, the same has to be transferred by the client from her/his PIS account on receipt of the trade confirmation, and the Broker then sends it after the Market closes for the day. The National Stock Exchange (NSE) settles the delivery for shares bought on the second working day (example: if you bought a share on Monday it will be credited to your account on Wednesday and so on) from the Date of Purchase. Sell: You need to have shares in your DMAT account to initiate a â??sellâ?? transaction. The trading system would reject your order otherwise. The shares bought are, as mentioned above, credited to your account on the second working day and available for trade on the third day. The NSE settles the sale proceeds on the second day from the date of sale and the broker wires the money to the clientâ??s PIS account, on the second day itself. The DB credits the proceeds into the clientâ??s PIS account after Calculation Gains and deducting tax if any. The client can get an update on the Broking account by looking at the â??Accounts Statementâ?? on the brokerâ??s trading website. The Daily Account Statement gives details of Funds Transfers – both for transfers done by the client to Broker & by Broker to the clientâ??s PIS A/c and the date-wise break-up of shares bought or sold by the client. VALUE ADDED SERVICES RENDERED BY THE BROKER FOR ONLINE NRI CLIENTSA broker will not ONLY take care of your transactions. She/he provides a lot of innumerable services. These include:One-stop shop: Most of the brokers will open all the three accounts for you by coordinating for the same with the DB. So all the applicant has to do is fill up the relevant forms and give it to the broker. Trade confirmations: Brokers will email you the details of the trade done for the day which will include confirmation for the trade done and the brokerage fee charged for the same. Report transaction: Brokers will report every transaction done by a client to RBI by the DB. Contract notes: In addition to the emails, the client can view their Digital Contract notes on the website. PIS account queries/reconciliation: In order to ensure that the PIS account is regular, the broker shall coordinate with the DB and clarify all queries related to PIS transactions. Please note that every transaction done in the Trading account has to be reported through the DB. Offline orders: Some brokers accept offline orders through emails, fax, and even over the phone, after confirming the identity of the client, thus permitting even those who do not have access to Internet/Computer. The brokers may also offer opening an account for liquidating the shares bought in Primary Market. They will also obtain the Auditorâ??s Certificate for such sales and the proceeds will be credited to your NRE/NRO Account after the tax has been deducted. Processing of IPO Applications: The broker, on behalf of NRI clients, can apply for IPO relieving the client off the paper work. All the client has to do is indicate the number of shares to be applied for, either through an email or by filling the online application available on the brokerâ??s website (most of the brokers provide such services). TIP â?? Recommendation/Call of Stocks: Thanks to technology, brokers, today, send SMS and/or email alerts keeping their clients updated about the market. Clients having considerable holding in a particular stock also receive price alerts in addition to the latest market news. Online helpdesk: Due to the boom in technology, brokers today are able to assist their clients through an â??online helpdeskâ??, hence certifying that suggestions/solutions are provided to the clients immediately. TRADING PROCESSNon-residents require the following documents depending on whether they are NRI, PIO or OCI:Non-Resident Indian (NRI) requires PAN Card and a copy of the Indian Passport. Person of Indian Origin (PIO) requires PIO Card, copy of Foreign Passport showing Indian birthplace and PAN Card. Overseas Citizen of India (OCI) requires copy of OCI Card and PAN Card. For further details please contact us at: contact@nriinvestindia. com or you may checkout the website: www. nriinvestindia. comNon-residents can invest in both Primary and Secondary Markets with the help of a registered broker. These brokers offer a wide range of services warranting that the clients feel at home while making investment decisions. THINGS NON-RESIDENTS CAN DOVis-Ã -vis trading, non-residents today can do various kinds of trading as per their convenience. Some of them include:Online Trading (stocks and derivatives)Various brokers give you tools used by institutions and professionals for trading in the Capital Market. Many of them provide an Online Trading Platform certifying non-residents to transact paper-free trading in â??Equities and Derivativesâ?? segments. Such Online Trading System provides the most distinct services like Streaming Market Watch, Technical Analysis, AMO (After Market Order), Online Funds Transfer and NRI Online Helpdesk facilitating you to have a pleasant trading experience. Offline TradingAs said earlier, brokers, today, allow clients to place orders for trade through phone, email and/or fax. Mutual Fund InvestmentsNon-resident can invest in Indian Mutual Funds with the help of registered distributors or brokers. Some of them also offer simplified process that is free of all paperwork. These distributors also provide updates on the latest top funds, NAV, and new fund offer. They also provide performance report of various funds to ensure smart investments are made in the Mutual Fund segment. Investment in Initial Public Offer (IPO)Investors can make paper-free investments through select brokers in the Primary Market â?? Initial Public Offer (IPO). Various details such as current and upcoming IPOs, performance of past IPOs, basis of allotment etc are provided by them making possible for their clients to make hassle free IPO investments. ESOP TradingBy offering value added service in the form of ESOP Trading, few good brokerage houses enable clients to liquidate the Stock Option given by their Employers and remit abroad the sale proceeds or reinvest the same in the Secondary Market. Dematerialisation of Shares bought in Primary MarketUsually brokers assist clients to convert their physical share certificates to electronic form (DMAT Form). All that the client has to do is open a NRI account and submit the DMAT Request along with the necessary certificates, and your broker will take care of everything else. Important: The content above provides general information regarding how brokers help non-residents to open a trading account and let them trade. However, services and regulations may differ from broker to broker. Please check with your chosen broker for the same.