Open an account
- Account opening
- ₹0
- Demat AMC
- ₹25/month + GST
Apply for IPOs
- Mainboard IPOs
- Yes
- SME IPOs
- Yes
Sell your IPO shares
- Delivery brokerage
- ₹20/order
- DP charge on a sale
- ₹15.34 per scrip per day
- Cost to sell ₹15,000 of IPO shares
- ₹38.94Brokerage and DP with GST, ours
5paisa: strengths and things worth checking
Worth checking
- Two pages, two headline prices
The brokerage charges page shows ₹0 "for all trades" while the pricing page lists ₹20 per order. Confirm which applies before you open an account.
- AMC
₹25 a month plus GST as listed.
- Flat ₹20 on delivery
Even small IPO share sales pay ₹20 brokerage.
Strengths
- Cheaper dealer orders
Call and trade and auto square-off cost ₹20 plus GST.
- ₹0 pledge
No charge to pledge shares for margin.
- SME IPOs
SME IPOs can be applied for.
Company and registration
| Company | 5paisa Capital Limited |
|---|---|
| SEBI stockbroker registration | INZ000010231 |
| Depository participant | IN-DP-192-2016 |
| Website | 5paisa.com |
5paisa account opening and AMC charges
| Charge | As published by 5paisa |
|---|---|
| Account opening | ₹0 |
| Demat maintenance (AMC) | ₹25 a month plus GST, as listed on the pricing page |
5paisa brokerage charges
| Segment | Brokerage |
|---|---|
| Equity deliveryWhen you sell IPO shares | ₹20 per executed order |
| Equity intraday | ₹20 per executed order |
| Futures and options | ₹20 per executed order |
| Currency and commodity | ₹20 per executed order |
| Mutual funds and IPOs | Free |
Other 5paisa charges
| Charge | As published by 5paisa |
|---|---|
| DP charge on selling delivery sharesWhen you sell IPO shares | ₹15.34 per scrip per day |
| Call and trade | ₹20 plus GST |
| Auto square-off | ₹20 plus GST, only when 5paisa squares off for a margin shortfall |
| Pledge | ₹0 |
| Margin trading (MTF) interest | 0.049% a day on the funded amount |
Sources: 5paisa pricing, 5paisa brokerage charges, 5paisa SME IPOs, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check 5paisa's page before you open an account.
Government and exchange charges
These are set by the government, SEBI and the exchanges, and are the same at every broker.
| Charge | Equity delivery | Equity intraday |
|---|---|---|
| Securities transaction tax (STT) | 0.1% on buy and sell | 0.025% on sell |
| Exchange transaction charge | NSE 0.00307%, BSE 0.00375% | NSE 0.00307%, BSE 0.00375% |
| SEBI fee | ₹10 per crore | ₹10 per crore |
| Stamp duty (buy side) | 0.015% | 0.003% |
| GST | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges |
Government and exchange rates as listed on the Zerodha and Indiabulls Securities charges pages, read on 23 Oct 2026.
What it costs to sell your IPO shares on 5paisa
Applying for an IPO carries no brokerage. Costs come when you sell. For IPO shares worth ₹15,000 sold from your demat account (our calculation):
| 5paisa brokerage | ₹20.00 |
| GST on brokerage | ₹3.60 |
| DP charge with GST | ₹15.34 |
| Charged by 5paisa | ₹38.94 |
|---|---|
| STT (0.1%) | ₹15.00 |
| Exchange and SEBI charges | ₹0.48 |
| All charges on the sale | ₹54.51 |
5paisa brokerage calculator
Enter a trade to see every charge. The example is one SME lot of 800 shares bought at ₹179 and sold at ₹190.
| Charge | 5paisa |
|---|
Our calculation from each broker's published charges and the government and exchange rates above (NSE). For delivery, the DP charge is added once on the sale. Where a broker does not publish a charge, it shows as not published.
Applying for IPOs on 5paisa
| Mainboard IPOs | Yes, in the current IPO section |
|---|---|
| SME IPOs | Yes, SME IPOs are listed with an apply option |
How to apply for an IPO on 5paisa
- Find the IPO. Open the IPO section of the 5paisa app or website while bidding is open, and pick the IPO.
- Enter your bid. Enter the number of lots and either tick cut-off price or enter a price within the band. SME IPOs need a price; cut-off is not allowed.
- Approve the UPI mandate. Approve the mandate in your UPI app before 5 pm on the closing day. The money is blocked, not debited, until allotment.
- Check allotment and sell if you choose. Allotted shares reach your 5paisa demat account the next working day. You can sell from the listing day.
Any demat account also lets you apply through ASBA in your bank's net banking. See the IPOs open this week.
How to open a 5paisa account
- Keep your documents ready. PAN, Aadhaar linked to your mobile number, a bank account with a cancelled cheque or statement, and your signature on white paper.
- Start on 5paisa.com. Sign up on the 5paisa website or app with your mobile number and email, and verify the OTPs.
- Complete KYC online. Enter your PAN and Aadhaar details, link your bank account, and upload a photo and signature. Most brokers also do in-person verification by video or selfie.
- E-sign the form. Sign the account opening form with an Aadhaar OTP. The account is usually active within one or two working days.
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Frequently asked questions
What are the 5paisa account opening charges?
₹0. Demat AMC: ₹25 a month plus GST, as listed on the pricing page.
What is the 5paisa brokerage on delivery?
₹20 per executed order. Intraday: ₹20 per executed order.
What is the 5paisa DP charge?
₹15.34 per scrip per day. The DP charge is collected each time you sell shares from your demat account, including IPO shares.
Can I apply for SME IPOs on 5paisa?
Yes, SME IPOs are listed with an apply option.
How do I apply for an IPO on 5paisa?
Open the IPO section of the 5paisa app, pick the IPO, enter the lots and price (or cut-off for mainboard IPOs), and approve the UPI mandate before 5 pm on the closing day.
What does it cost to sell IPO shares on 5paisa?
Selling ₹15,000 of IPO shares costs ₹38.94 in 5paisa brokerage and DP charge with GST, and ₹54.51 in all after STT, exchange and SEBI charges (our calculation).
Is 5paisa registered with SEBI?
Yes. 5paisa Capital Limited is registered with SEBI as a stockbroker, INZ000010231, and as a depository participant, IN-DP-192-2016. You can confirm it on the SEBI website.
What is the 5paisa margin trading (MTF) interest rate?
0.049% a day on the funded amount.
Is 5paisa good for IPO investors?
It depends on how you invest. Compare the yearly AMC, the cost to sell IPO shares and SME IPO access below with other brokers. We list facts from 5paisa's own website and do not rate or rank brokers.