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Bajaj Broking for IPO investors: charges, AMC and how to apply

Bajaj Broking is the broking arm of the Bajaj Finance group, with subscription packs. Figures below are for the default Freedom Pack. Here are its charges as published on its own website (read 23 Oct 2026), what it costs to sell IPO shares, SME IPO access, and how to open an account and apply. Facts only, not a recommendation.

By IPO24by7 Research. Updated .

SEBI INZ000218931DP IN-DP-418-2019Charges read 23 Oct 2026

Open an account

Account opening
₹0
Demat AMC
₹0 (pack ₹431/yr from year 2)

Apply for IPOs

Mainboard IPOs
Yes
SME IPOs
Yes

Sell your IPO shares

Delivery brokerage
₹20/order
DP charge on a sale
₹35 or 0.0002% of the value, whichever is higher, plus taxes
Cost to sell ₹15,000 of IPO shares
₹64.90Brokerage and DP with GST, ours

Bajaj Broking: strengths and things worth checking

Worth checking 2 · Strengths 3From Bajaj Broking's published charges

Worth checking

  • Pack fee from year two

    ₹431 a year for the Freedom Pack.

  • Higher DP charge

    ₹35 plus taxes per sale.

Strengths

  • Cheaper dealer orders

    Call and trade and auto square-off cost ₹20 plus GST.

  • No demat AMC

    Demat AMC is nil.

  • SME IPOs

    SME IPOs can be applied for.

Company and registration

CompanyBajaj Financial Securities Limited
SEBI stockbroker registrationINZ000218931
Depository participantIN-DP-418-2019
Websitebajajbroking.in

Bajaj Broking account opening and AMC charges

ChargeAs published by Bajaj Broking
Account openingNil
Demat maintenance (AMC)Nil, but the Freedom Pack subscription is ₹431 a year from the second year (free in the first)

Bajaj Broking brokerage charges

SegmentBrokerage
Equity delivery (Freedom Pack)When you sell IPO shares₹20 per order (Professional Pack: ₹10, for ₹2,500 a year)
Equity intraday₹20 per order
Futures and options₹20 per order
Margin trading (MTF)0.10% of trade value

Other Bajaj Broking charges

ChargeAs published by Bajaj Broking
DP charge on selling delivery sharesWhen you sell IPO shares₹35 or 0.0002% of the value, whichever is higher, plus taxes
Call and trade₹20 plus GST per executed order
Auto square-off (RMS)₹20 plus GST per order
Pledge₹40 per pledge; margin pledge ₹20; MTF pledge ₹25
Margin trading (MTF) interestUp to 12.74% a year

Sources: Bajaj Broking pricing, Bajaj Broking: what are DP charges, Bajaj Broking current IPOs, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check Bajaj Broking'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.

ChargeEquity deliveryEquity intraday
Securities transaction tax (STT)0.1% on buy and sell0.025% on sell
Exchange transaction chargeNSE 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%
GST18% on brokerage, exchange and SEBI charges18% 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 Bajaj Broking

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):

Bajaj Broking brokerage₹20.00
GST on brokerage₹3.60
DP charge with GST₹41.30
Charged by Bajaj Broking₹64.90
STT (0.1%)₹15.00
Exchange and SEBI charges₹0.48
All charges on the sale₹80.47

Bajaj Broking 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.

ChargeBajaj Broking

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 Bajaj Broking

Mainboard IPOsYes
SME IPOsYes. SME IPOs are listed with an Apply Now option

How to apply for an IPO on Bajaj Broking

  1. Find the IPO. Open the IPO section of the Bajaj Broking app or website while bidding is open, and pick the IPO.
  2. 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.
  3. 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.
  4. Check allotment and sell if you choose. Allotted shares reach your Bajaj Broking 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 Bajaj Broking account

  1. 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.
  2. Start on bajajbroking.in. Sign up on the Bajaj Broking website or app with your mobile number and email, and verify the OTPs.
  3. 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.
  4. E-sign the form. Sign the account opening form with an Aadhaar OTP. The account is usually active within one or two working days.

Compare Bajaj Broking with other brokers

All brokers and charges compared

Frequently asked questions

What are the Bajaj Broking account opening charges?

Nil. Demat AMC: Nil, but the Freedom Pack subscription is ₹431 a year from the second year (free in the first).

What is the Bajaj Broking brokerage on delivery?

₹20 per order (Professional Pack: ₹10, for ₹2,500 a year). Intraday: ₹20 per order.

What is the Bajaj Broking DP charge?

₹35 or 0.0002% of the value, whichever is higher, plus taxes. The DP charge is collected each time you sell shares from your demat account, including IPO shares.

Can I apply for SME IPOs on Bajaj Broking?

Yes. SME IPOs are listed with an Apply Now option.

How do I apply for an IPO on Bajaj Broking?

Open the IPO section of the Bajaj Broking 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 Bajaj Broking?

Selling ₹15,000 of IPO shares costs ₹64.90 in Bajaj Broking brokerage and DP charge with GST, and ₹80.47 in all after STT, exchange and SEBI charges (our calculation).

Is Bajaj Broking registered with SEBI?

Yes. Bajaj Financial Securities Limited is registered with SEBI as a stockbroker, INZ000218931, and as a depository participant, IN-DP-418-2019. You can confirm it on the SEBI website.

What is the Bajaj Broking margin trading (MTF) interest rate?

0.10% of trade value.

Is Bajaj Broking 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 Bajaj Broking's own website and do not rate or rank brokers.