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
StoxkartSEBI INZ000196835
- 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 Geojit and Stoxkart differ
3 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Geojit | Stoxkart |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹29.50 less at Stoxkart; a DP charge is not published | ₹53.10 brokerage; DP charge not published | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹861.40 less at Stoxkart; a DP charge is not published | ₹885.00 brokerage; DP charge not published | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹354.00 less at Stoxkart; a DP charge is not published | ₹637.20 brokerage; DP charge not published | ₹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.
- Equity delivery brokerage: 0.30% at Geojit, ₹20 per executed order at Stoxkart.
- Mainboard IPOs: Yes at Geojit, not stated at Stoxkart.
The same at both: account opening, Demat maintenance (AMC), DP charge on selling shares and SME IPOs.
Geojit vs Stoxkart: charges side by side
Differs 3 of 7 charges differ between Geojit and Stoxkart. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Geojit | Stoxkart |
|---|---|---|
| Open an account | ||
| Account opening | Nil | ₹0 |
| Demat maintenance (AMC) | Not stated on the pages we checked | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes | Not stated on the pages we checked |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | 0.30% | ₹20 per executed order |
| DP charge on selling shares | Not stated on the pages we checked | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000318938 | INZ000196835 |
For other trading, equity intraday and Futures differ too. Intraday, futures, call and trade and margin charges are on the Geojit and Stoxkart pages.
Geojit and Stoxkart strengths and things worth checking
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.
Stoxkart
Strengths
- Flat ₹20
Worth checking
- AMC, DP and IPO details not on the pricing page
Check them before you open an account.
Brokerage calculator: Geojit vs Stoxkart
| Charge | Geojit | Stoxkart |
|---|
Ours, with NSE rates. Change the trade to see what Geojit and Stoxkart would each charge.
Other comparisons
Every comparison with Geojit or Stoxkart, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Geojit or Stoxkart?
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 Stoxkart (our calculation). For two SME lots worth ₹2,50,000: Geojit ₹885.00 brokerage; DP charge not published, Stoxkart ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Geojit and Stoxkart 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 Stoxkart (our calculation).
Can I apply for SME IPOs on Geojit and Stoxkart?
Neither says clearly on its pages that SME IPOs can be applied for.
What brokerage do Geojit and Stoxkart charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹53.10 at Geojit and ₹23.60 at Stoxkart (our calculation from their published rates).
Can I apply for mainboard IPOs on Geojit and Stoxkart?
Geojit: Yes. Stoxkart: not stated.