Angel OneSEBI INZ000161534
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹240/yr + GST
- SME IPOs
- Yes
- Delivery brokerage
- ₹20 or 0.1%, lower
- Cost to sell ₹15,000 of IPO shares
- ₹41.30Brokerage and DP with GST, ours
RupeezySEBI INZ000187932
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- 0.1%
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where Angel One and Rupeezy differ
6 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Angel One | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Same brokerage at both; a DP charge is not published | ₹41.30 | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹271.40 less at Angel One; a DP charge is not published | ₹47.20 | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldSame brokerage at both; a DP charge is not published | ₹495.60 | ₹212.40 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): Free in the first year, then ₹60 a quarter plus GST, charged after the… at Angel One, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 at Angel One, 0.1% on buy and sell at Rupeezy.
- DP charge on selling shares: ₹20 plus GST per scrip at Angel One, not stated at Rupeezy.
- Mainboard IPOs: Yes, in the IPO section of the app with a UPI mandate at Angel One, not stated at Rupeezy.
- SME IPOs: Yes, NSE Emerge and BSE SME IPOs, marked with an SME tag. Allotted SME… at Angel One, not stated at Rupeezy.
The same at both: account opening.
Angel One vs Rupeezy: charges side by side
Differs 6 of 7 charges differ between Angel One and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Angel One | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 for residents | ₹0 |
| Demat maintenance (AMC) | Free in the first year, then ₹60 a quarter plus GST, charged after the first trade in a quarter | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, in the IPO section of the app with a UPI mandate | Not stated on the pages we checked |
| SME IPOs | Yes, NSE Emerge and BSE SME IPOs, marked with an SME tag. Allotted SME shares can be sold from the app | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 | 0.1% on buy and sell |
| DP charge on selling shares | ₹20 plus GST per scrip (₹3.50 CDSL and ₹16.50 Angel One; ₹3.25 and ₹16.75 for women) | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000161534 | INZ000187932 |
For other trading, call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the Angel One and Rupeezy pages.
Angel One and Rupeezy strengths and things worth checking
Angel One
Strengths
- Free first month
- Cheaper dealer orders
- SME IPOs on both exchanges
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.
Rupeezy
Strengths
- Zero AMC
- Lower MTF
Worth checking
- Delivery has no cap
0.1% on each side: ₹15 on a ₹15,000 sale, more on bigger ones.
- DP charge on market sales not stated
Check it before you sell IPO shares.
Brokerage calculator: Angel One vs Rupeezy
| Charge | Angel One | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what Angel One and Rupeezy would each charge.
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Every comparison with Angel One or Rupeezy, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Angel One or Rupeezy?
Rupeezy does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. For two SME lots worth ₹2,50,000: Angel One ₹47.20, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Angel One and Rupeezy be over a year?
Not in full, because Rupeezy does not publish its DP charge.
Can I apply for SME IPOs on Angel One and Rupeezy?
Angel One lets you apply for SME IPOs; Rupeezy does not say so on the pages we checked.
What is the demat AMC at Angel One and Rupeezy?
Angel One: Free in the first year, then ₹60 a quarter plus GST, charged after the…. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.
What brokerage do Angel One and Rupeezy charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹17.70 at Angel One and ₹17.70 at Rupeezy (our calculation from their published rates).