Bajaj BrokingSEBI INZ000218931
- Account opening
- ₹0
- Demat AMC
- ₹0 (pack ₹431/yr from year 2)
- SME IPOs
- Yes
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- ₹64.90Brokerage and DP with GST, ours
TradejiniSEBI INZ000160938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where Bajaj Broking and Tradejini differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Bajaj Broking | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Same brokerage at both; a DP charge is not published | ₹64.90 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Same brokerage at both; a DP charge is not published | ₹64.90 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldSame brokerage at both; a DP charge is not published | ₹778.80 | ₹283.20 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): Nil, but the Freedom Pack subscription is ₹431 a year from the second… at Bajaj Broking, not stated at Tradejini.
- Equity delivery brokerage: ₹20 per order at Bajaj Broking, ₹20 per order at Tradejini.
- DP charge on selling shares: ₹35 or 0.0002% of the value, whichever is higher, plus taxes at Bajaj Broking, not stated at Tradejini.
- SME IPOs: Yes. SME IPOs are listed with an Apply Now option at Bajaj Broking, not stated at Tradejini.
The same at both: account opening and Mainboard IPOs.
Bajaj Broking vs Tradejini: charges side by side
Differs 5 of 7 charges differ between Bajaj Broking and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Bajaj Broking | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | Nil | Free online |
| Demat maintenance (AMC) | Nil, but the Freedom Pack subscription is ₹431 a year from the second year (free in the first) | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes | Yes, ₹0 commission |
| SME IPOs | Yes. SME IPOs are listed with an Apply Now option | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 per order (Professional Pack: ₹10, for ₹2,500 a year) | ₹20 per order |
| DP charge on selling shares | ₹35 or 0.0002% of the value, whichever is higher, plus taxes | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000218931 | INZ000160938 |
For other trading, call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the Bajaj Broking and Tradejini pages.
Bajaj Broking and Tradejini strengths and things worth checking
Bajaj Broking
Strengths
- Cheaper dealer orders
- No demat AMC
- SME IPOs
Worth checking
- Pack fee from year two
₹431 a year for the Freedom Pack.
- Higher DP charge
₹35 plus taxes per sale.
Tradejini
Strengths
- Flat ₹20
- IPOs free
Worth checking
- AMC and DP charge not on the list of charges
Check them before you open an account.
Brokerage calculator: Bajaj Broking vs Tradejini
| Charge | Bajaj Broking | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what Bajaj Broking and Tradejini would each charge.
Other comparisons
Every comparison with Bajaj Broking or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Bajaj Broking or Tradejini?
Tradejini 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: Bajaj Broking ₹64.90, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Bajaj Broking and Tradejini be over a year?
Not in full, because Tradejini does not publish its DP charge.
Can I apply for SME IPOs on Bajaj Broking and Tradejini?
Bajaj Broking lets you apply for SME IPOs; Tradejini does not say so on the pages we checked.
What is the demat AMC at Bajaj Broking and Tradejini?
Bajaj Broking: Nil, but the Freedom Pack subscription is ₹431 a year from the second…. Tradejini: not stated.
What brokerage do Bajaj Broking and Tradejini 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 Bajaj Broking and ₹23.60 at Tradejini (our calculation from their published rates).