5paisaSEBI INZ000010231
- Account opening
- ₹0
- Demat AMC
- ₹25/month + GST
- SME IPOs
- Yes
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- ₹38.94Brokerage and DP with GST, ours
Bigul (Bonanza)SEBI INZ000212137
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹250/yr + GST
- SME IPOs
- Not stated
- Delivery brokerage
- ₹18/order
- Cost to sell ₹15,000 of IPO shares
- ₹35.40Brokerage and DP with GST, ours
Where 5paisa and Bigul (Bonanza) differ
6 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | 5paisa | Bigul (Bonanza) |
|---|---|---|
| One mainboard lot, ₹15,000₹3.54 less at Bigul (Bonanza) | ₹38.94 | ₹35.40 |
| Two SME lots, ₹2,50,000₹3.54 less at Bigul (Bonanza) | ₹38.94 | ₹35.40 |
| A year: 12 mainboard lots sold₹42.48 less at Bigul (Bonanza) | ₹467.28 | ₹424.80 |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Demat maintenance (AMC): ₹25 a month plus GST, as listed on the pricing page at 5paisa, Free in the first year, then ₹250 a year plus GST at Bigul (Bonanza).
- Equity delivery brokerage: ₹20 per executed order at 5paisa, ₹18 per order at Bigul (Bonanza).
- DP charge on selling shares: ₹15.34 per scrip per day at 5paisa, ₹14.16 per scrip including depository charges and GST at Bigul (Bonanza).
- Mainboard IPOs: Yes, in the current IPO section at 5paisa, not stated at Bigul (Bonanza).
- SME IPOs: Yes, SME IPOs are listed with an apply option at 5paisa, not stated at Bigul (Bonanza).
The same at both: account opening.
5paisa vs Bigul (Bonanza): charges side by side
Differs 6 of 7 charges differ between 5paisa and Bigul (Bonanza). Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | 5paisa | Bigul (Bonanza) |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | ₹0 |
| Demat maintenance (AMC) | ₹25 a month plus GST, as listed on the pricing page | Free in the first year, then ₹250 a year plus GST; basic services demat accounts: ₹0 up to ₹4 lakh |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, in the current IPO section | Not stated on the pages we checked |
| SME IPOs | Yes, SME IPOs are listed with an apply option | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 per executed order | ₹18 per order |
| DP charge on selling shares | ₹15.34 per scrip per day | ₹14.16 per scrip including depository charges and GST |
| Registration | ||
| SEBI registration | INZ000010231 | INZ000212137 |
For other trading, equity intraday, Futures, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the 5paisa and Bigul (Bonanza) pages.
5paisa and Bigul (Bonanza) strengths and things worth checking
5paisa
Strengths
- Cheaper dealer orders
- ₹0 pledge
- SME IPOs
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.
Bigul (Bonanza)
Strengths
- Flat ₹18
- DP charge with GST shown
Worth checking
- Pledge charge
₹118 per ISIN per request.
- IPO access not stated
The pricing page does not mention IPOs.
Brokerage calculator: 5paisa vs Bigul (Bonanza)
| Charge | 5paisa | Bigul (Bonanza) |
|---|
Ours, with NSE rates. Change the trade to see what 5paisa and Bigul (Bonanza) would each charge.
Other comparisons
Every comparison with 5paisa or Bigul (Bonanza), or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, 5paisa or Bigul (Bonanza)?
Selling one mainboard lot of IPO shares (₹15,000) costs ₹35.40 in broker charges at Bigul (Bonanza) and ₹38.94 at 5paisa (our calculation). For two SME lots worth ₹2,50,000: 5paisa ₹38.94, Bigul (Bonanza) ₹35.40 (our calculation, brokerage and DP charge with GST).
How much would the difference between 5paisa and Bigul (Bonanza) be over a year?
If you sell 12 mainboard lots of ₹15,000 in a year, Bigul (Bonanza) costs ₹42.48 less in broker charges (our calculation). Add the yearly AMC: 5paisa: ₹25 a month plus GST, as listed on the pricing page; Bigul (Bonanza): Free in the first year, then ₹250 a year plus GST.
Can I apply for SME IPOs on 5paisa and Bigul (Bonanza)?
5paisa lets you apply for SME IPOs; Bigul (Bonanza) does not say so on the pages we checked.
What is the demat AMC at 5paisa and Bigul (Bonanza)?
5paisa: ₹25 a month plus GST, as listed on the pricing page. Bigul (Bonanza): Free in the first year, then ₹250 a year plus GST.
What brokerage do 5paisa and Bigul (Bonanza) charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹23.60 at 5paisa and ₹21.24 at Bigul (Bonanza) (our calculation from their published rates).