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
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 Geojit and Tradejini differ
2 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Geojit | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹29.50 less at Tradejini; 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 Tradejini; 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 Tradejini; 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 order at Tradejini.
The same at both: account opening, Demat maintenance (AMC), DP charge on selling shares, Mainboard IPOs and SME IPOs.
Geojit vs Tradejini: charges side by side
Differs 2 of 7 charges differ between Geojit and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Geojit | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | Nil | Free online |
| Demat maintenance (AMC) | Not stated on the pages we checked | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes | Yes, ₹0 commission |
| 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 order |
| DP charge on selling shares | Not stated on the pages we checked | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000318938 | INZ000160938 |
For other trading, equity intraday and Futures differ too. Intraday, futures, call and trade and margin charges are on the Geojit and Tradejini pages.
Geojit and Tradejini 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.
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: Geojit vs Tradejini
| Charge | Geojit | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what Geojit and Tradejini would each charge.
Other comparisons
Every comparison with Geojit or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Geojit or Tradejini?
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 Tradejini (our calculation). For two SME lots worth ₹2,50,000: Geojit ₹885.00 brokerage; DP charge not published, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Geojit and Tradejini 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 Tradejini (our calculation).
Can I apply for SME IPOs on Geojit and Tradejini?
Neither says clearly on its pages that SME IPOs can be applied for.
What brokerage do Geojit 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 ₹53.10 at Geojit and ₹23.60 at Tradejini (our calculation from their published rates).