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
GeojitSEBI INZ000318938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- 0.30%
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where 5paisa and Geojit differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | 5paisa | Geojit |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹29.50 less at 5paisa; a DP charge is not published | ₹38.94 | ₹53.10 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹861.40 less at 5paisa; a DP charge is not published | ₹38.94 | ₹885.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹354.00 less at 5paisa; a DP charge is not published | ₹467.28 | ₹637.20 brokerage; DP charge not published |
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, not stated at Geojit.
- Equity delivery brokerage: ₹20 per executed order at 5paisa, 0.30% at Geojit.
- DP charge on selling shares: ₹15.34 per scrip per day at 5paisa, not stated at Geojit.
- SME IPOs: Yes, SME IPOs are listed with an apply option at 5paisa, not stated at Geojit.
The same at both: account opening and Mainboard IPOs.
5paisa vs Geojit: charges side by side
Differs 5 of 7 charges differ between 5paisa and Geojit. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | 5paisa | Geojit |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | Nil |
| Demat maintenance (AMC) | ₹25 a month plus GST, as listed on the pricing page | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, in the current IPO section | Yes |
| 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 | 0.30% |
| DP charge on selling shares | ₹15.34 per scrip per day | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000010231 | INZ000318938 |
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 Geojit pages.
5paisa and Geojit 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.
Geojit
Strengths
- Full-service support
Worth checking
- Percentage brokerage on delivery
0.30% with no cap: ₹45 on a ₹15,000 sale.
- AMC and DP charge not on the pricing page
Check them before you open an account.
Brokerage calculator: 5paisa vs Geojit
| Charge | 5paisa | Geojit |
|---|
Ours, with NSE rates. Change the trade to see what 5paisa and Geojit would each charge.
Other comparisons
Every comparison with 5paisa or Geojit, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, 5paisa or Geojit?
Geojit does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. On brokerage alone, one mainboard lot (₹15,000) costs ₹29.50 less at 5paisa (our calculation). For two SME lots worth ₹2,50,000: 5paisa ₹38.94, Geojit ₹885.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between 5paisa and Geojit be over a year?
Not in full, because Geojit does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹354.00 less at 5paisa (our calculation).
Can I apply for SME IPOs on 5paisa and Geojit?
5paisa lets you apply for SME IPOs; Geojit does not say so on the pages we checked.
What is the demat AMC at 5paisa and Geojit?
5paisa: ₹25 a month plus GST, as listed on the pricing page. Geojit: not stated.
What brokerage do 5paisa and Geojit 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 ₹53.10 at Geojit (our calculation from their published rates).