IIFL CapitalSEBI INZ000164132
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹250/yr + GST
- SME IPOs
- Not stated
- Delivery brokerage
- 0.25%
- Cost to sell ₹15,000 of IPO shares
- ₹73.75Brokerage 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 IIFL Capital and Stoxkart differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | IIFL Capital | Stoxkart |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹20.65 less at Stoxkart; a DP charge is not published | ₹73.75 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹713.90 less at Stoxkart; a DP charge is not published | ₹767.00 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹247.80 less at Stoxkart; a DP charge is not published | ₹885.00 | ₹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): ₹0 in the first year, then ₹250 plus GST a year at IIFL Capital, not stated at Stoxkart.
- Equity delivery brokerage: 0.25% at IIFL Capital, ₹20 per executed order at Stoxkart.
- DP charge on selling shares: ₹25 plus GST per scrip at IIFL Capital, not stated at Stoxkart.
- Mainboard IPOs: Yes at IIFL Capital, not stated at Stoxkart.
The same at both: account opening and SME IPOs.
IIFL Capital vs Stoxkart: charges side by side
Differs 5 of 7 charges differ between IIFL Capital and Stoxkart. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | IIFL Capital | Stoxkart |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | ₹0 |
| Demat maintenance (AMC) | ₹0 in the first year, then ₹250 plus GST a year | 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 | 0.25% | ₹20 per executed order |
| DP charge on selling shares | ₹25 plus GST per scrip | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000164132 | INZ000196835 |
For other trading, equity intraday, Futures and Call and trade differ too. Intraday, futures, call and trade and margin charges are on the IIFL Capital and Stoxkart pages.
IIFL Capital and Stoxkart strengths and things worth checking
IIFL Capital
Strengths
- Full-service support
- Lower AMC
Worth checking
- Percentage brokerage on delivery
0.25% with no cap: ₹37.50 on a ₹15,000 sale.
- DP charge
₹25 plus GST per sale.
- System square-off
₹100 per order.
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: IIFL Capital vs Stoxkart
| Charge | IIFL Capital | Stoxkart |
|---|
Ours, with NSE rates. Change the trade to see what IIFL Capital and Stoxkart would each charge.
Other comparisons
Every comparison with IIFL Capital or Stoxkart, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, IIFL Capital or Stoxkart?
Stoxkart 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 ₹20.65 less at Stoxkart (our calculation). For two SME lots worth ₹2,50,000: IIFL Capital ₹767.00, Stoxkart ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between IIFL Capital and Stoxkart be over a year?
Not in full, because Stoxkart does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹247.80 less at Stoxkart (our calculation).
Can I apply for SME IPOs on IIFL Capital and Stoxkart?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at IIFL Capital and Stoxkart?
IIFL Capital: ₹0 in the first year, then ₹250 plus GST a year. Stoxkart: not stated.
What brokerage do IIFL Capital 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 ₹44.25 at IIFL Capital and ₹23.60 at Stoxkart (our calculation from their published rates).