DhanSEBI INZ000006031
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Yes
- Delivery brokerage
- ₹0
- Cost to sell ₹15,000 of IPO shares
- ₹14.75Brokerage 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 Dhan and Rupeezy differ
6 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Dhan | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹17.70 less at Dhan; a DP charge is not published | ₹14.75 | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹295.00 less at Dhan; a DP charge is not published | ₹14.75 | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹212.40 less at Dhan; a DP charge is not published | ₹177.00 | ₹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): ₹0 for individuals and HUFs at Dhan, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: ₹0 at Dhan, 0.1% on buy and sell at Rupeezy.
- DP charge on selling shares: ₹12.50 plus GST per instruction per ISIN at Dhan, not stated at Rupeezy.
- Mainboard IPOs: Yes, free, with UPI at Dhan, not stated at Rupeezy.
- SME IPOs: Yes, SME IPOs can be applied for with mobile UPI at Dhan, not stated at Rupeezy.
The same at both: account opening.
Dhan vs Rupeezy: charges side by side
Differs 6 of 7 charges differ between Dhan and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Dhan | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 for individuals and HUFs | ₹0 |
| Demat maintenance (AMC) | ₹0 for individuals and HUFs (₹800 plus GST for NRIs, companies, LLPs, firms and trusts) | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, free, with UPI | Not stated on the pages we checked |
| SME IPOs | Yes, SME IPOs can be applied for with mobile UPI | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹0 | 0.1% on buy and sell |
| DP charge on selling shares | ₹12.50 plus GST per instruction per ISIN | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000006031 | INZ000187932 |
For other trading, equity intraday, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the Dhan and Rupeezy pages.
Dhan and Rupeezy strengths and things worth checking
Dhan
Strengths
- ₹0 brokerage on delivery
- Low DP charge
- ₹0 AMC and account opening
Worth checking
- Dealer orders cost extra
Call and trade is ₹50 plus GST per order.
- MTF rate rises with size
From 12.49% a year, up to 15.49% on larger amounts.
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: Dhan vs Rupeezy
| Charge | Dhan | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what Dhan and Rupeezy would each charge.
Other comparisons
Every comparison with Dhan or Rupeezy, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Dhan or Rupeezy?
Rupeezy 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 ₹17.70 less at Dhan (our calculation). For two SME lots worth ₹2,50,000: Dhan ₹14.75, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Dhan and Rupeezy be over a year?
Not in full, because Rupeezy does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹212.40 less at Dhan (our calculation).
Can I apply for SME IPOs on Dhan and Rupeezy?
Dhan lets you apply for SME IPOs; Rupeezy does not say so on the pages we checked.
What is the demat AMC at Dhan and Rupeezy?
Dhan: ₹0 for individuals and HUFs. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.
What brokerage do Dhan 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 ₹0.00 at Dhan and ₹17.70 at Rupeezy (our calculation from their published rates).