Prabhudas Lilladher Private Limited
Primary
IN
U67190MH1983PTC029670
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1 entity
unverified
unverified
unverified
Broker profile
PR
Prabhudas Lilladher Review: Is It Legit and Regulated?
Prabhudas Lilladher Private Limited
IN
Operating period unverified
AKA PL Capital
FindMyFX score
critical risk3.4/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-23
Contact & regulation
- Official website
- plindia.com
- Address
- 3rd Floor, Sadhana House, 570 P.B. Marg, Worli, Mumbai 400018, Maharashtra, India
- Contact
- 3rd Floor, Sadhana House, 570 P.B. Marg, Worli, Mumbai 400018, Maharashtra, India
- Primary license
- SEBI · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Prabhudas Lilladher legit and regulated?
FindMyFX has license records for Prabhudas Lilladher, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Prabhudas Lilladher, also branded PL Capital, is an Indian securities broker that offers exchange-traded currency derivatives. Its regulatory disclosure identifies SEBI registration INZ000196637 and memberships in Indian exchanges.
Professional broker overview
FindMyFX editorial summary
Prabhudas Lilladher Private Limited publishes SEBI registration INZ000196637 and offers exchange-traded currency derivatives through Indian exchanges. Its currency page covers INR pairs and permitted cross-currency contracts rather than a global OTC forex or CFD account. A May 2020 SEBI adjudication order is included as a historical enforcement record and should be reviewed in context.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: This is an Indian exchange-brokerage offering, not a conventional offshore retail OTC forex account. Current margin, fees and contract specifications should be checked against the exchange and broker schedules before publication.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- Not verified
Support languages: English
Documented advantages
- The broker publishes its SEBI registration and exchange memberships.
- Currency products are exchange-traded through Indian market infrastructure.
Documented limitations
- The offering is limited to exchange-traded currency derivatives rather than a global OTC forex account.
- The inspected official pages did not provide a single current minimum deposit or global leverage figure.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
EUR/INR
unverified
EUR/USD
unverified
GBP/INR
unverified
GBP/USD
unverified
JPY/INR
unverified
USD/INR
unverified
USD/JPY
unverified
Additional broker contacts
Compliance officer
+91 22 6632 2357
Stock-broking grievance contact
+91 22 6632 2366
Research sources
Licenses and regulators
SEBI
INZ000196637
Last verified: Not shown
Type: Stock broker
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
Historical SEBI adjudication order
medium · draftSEBI published a May 18, 2020 adjudication order concerning Prabhudas Lilladher Private Limited in the Zylog Systems matter.
Jurisdiction-specific offerings
IN · retail
unverifiedEntity not linked · Leverage not shown
Compensation scheme not shown
Score components
Regulation and licenses
5.0/10 · 35%The broker's official regulatory disclosure is detailed, but a direct current SEBI register entry was not captured.
Security and track record
2.5/10 · 20%An authoritative historical enforcement order was found, while a complete long-term incident review was not performed.
Trading conditions
2.5/10 · 15%Supported currency contracts are disclosed, but current fees, margin schedules and deposit requirements are incomplete.
Company transparency
7.5/10 · 10%The broker publishes its company identity, CIN, registration, memberships, address and compliance contacts.
Service quality
0.0/10 · 10%No inspectable official service-quality metric was found.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was found.
Profile update history
Broker profile was published.
2026-07-23
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These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.