Open an account
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹240/yr + GST
Apply for IPOs
- Mainboard IPOs
- Yes
- SME IPOs
- Yes
Sell your IPO shares
- Delivery brokerage
- ₹20 or 0.1%, lower
- DP charge on a sale
- ₹20 plus GST per scrip
- Cost to sell ₹15,000 of IPO shares
- ₹41.30Brokerage and DP with GST, ours
Angel One: strengths and things worth checking
Worth checking
- AMC after the first year
₹60 a quarter plus GST (₹240 a year plus GST) for a regular demat account.
- Brokerage and DP charge on delivery
Up to ₹20 per order plus a ₹20 plus GST DP charge when you sell.
Strengths
- Free first month
₹0 brokerage for the first 30 days, up to ₹500.
- Cheaper dealer orders
Call and trade costs ₹20 per order, and auto square-off has no extra penalty.
- SME IPOs on both exchanges
NSE Emerge and BSE SME IPOs can be applied for in the app.
Company and registration
| Company | Angel One Limited |
|---|---|
| SEBI stockbroker registration | INZ000161534 |
| Website | angelone.in |
| Size | One of the five largest brokers by active clients on NSE (September 2026) |
Angel One account opening and AMC charges
| Charge | As published by Angel One |
|---|---|
| Account opening | ₹0 for residents |
| Demat maintenance (AMC) | Free in the first year, then ₹60 a quarter plus GST, charged after the first trade in a quarter |
| AMC, basic services demat account (BSDA) | Nil up to ₹4 lakh of holdings; ₹100 a year plus GST from ₹4 lakh to ₹10 lakh |
Angel One brokerage charges
| Segment | Brokerage |
|---|---|
| Equity deliveryWhen you sell IPO shares | ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 |
| Futures and options | ₹20 per executed order |
| Currency | ₹20 per executed order |
| Commodity | ₹20 per executed order |
| New accounts | ₹0 brokerage for the first 30 days, up to ₹500 |
Other Angel One charges
| Charge | As published by Angel One |
|---|---|
| DP charge on selling delivery sharesWhen you sell IPO shares | ₹20 plus GST per scrip (₹3.50 CDSL and ₹16.50 Angel One; ₹3.25 and ₹16.75 for women) |
| Call and trade | ₹20 per order |
| Auto square-off | Same as brokerage, no extra penalty |
| Physical contract note | ₹50 |
| Pledge for margin | ₹15 plus GST (Angel One) and ₹5 plus GST (CDSL) per ISIN |
| Margin trading (MTF) interest | 0.041% a day on the funded amount |
Sources: Angel One charges, Angel One: how to apply for SME IPOs, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check Angel One'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 Angel One
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):
| Angel One brokerage | ₹15.00 |
| GST on brokerage | ₹2.70 |
| DP charge with GST | ₹23.60 |
| Charged by Angel One | ₹41.30 |
|---|---|
| STT (0.1%) | ₹15.00 |
| Exchange and SEBI charges | ₹0.48 |
| All charges on the sale | ₹56.87 |
Angel One 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 | Angel One |
|---|
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 Angel One
| Mainboard IPOs | Yes, in the IPO section of the app with a UPI mandate |
|---|---|
| SME IPOs | Yes, NSE Emerge and BSE SME IPOs, marked with an SME tag. Allotted SME shares can be sold from the app |
How to apply for an IPO on Angel One
- Find the IPO. Open the IPO section of the Angel One 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 Angel One 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 Angel One 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 angelone.in. Sign up on the Angel One 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 Angel One account opening charges?
₹0 for residents. Demat AMC: Free in the first year, then ₹60 a quarter plus GST, charged after the first trade in a quarter.
What is the Angel One brokerage on delivery?
₹20 or 0.1% per executed order, whichever is lower, minimum ₹5. Intraday: ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5.
What is the Angel One DP charge?
₹20 plus GST per scrip (₹3.50 CDSL and ₹16.50 Angel One; ₹3.25 and ₹16.75 for women). The DP charge is collected each time you sell shares from your demat account, including IPO shares.
Can I apply for SME IPOs on Angel One?
Yes, NSE Emerge and BSE SME IPOs, marked with an SME tag. Allotted SME shares can be sold from the app.
How do I apply for an IPO on Angel One?
Open the IPO section of the Angel One 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 Angel One?
Selling ₹15,000 of IPO shares costs ₹41.30 in Angel One brokerage and DP charge with GST, and ₹56.87 in all after STT, exchange and SEBI charges (our calculation).
Is Angel One registered with SEBI?
Yes. Angel One Limited is registered with SEBI as a stockbroker, INZ000161534. You can confirm it on the SEBI website.
What is the Angel One margin trading (MTF) interest rate?
0.041% a day on the funded amount.
Is Angel One 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 Angel One's own website and do not rate or rank brokers.