m.StockSEBI INZ000163138
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- ₹10/order
- Cost to sell ₹15,000 of IPO shares
- ₹33.04Brokerage 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 m.Stock and Rupeezy differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | m.Stock | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹5.90 less at m.Stock; a DP charge is not published | ₹33.04 | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹283.20 less at m.Stock; a DP charge is not published | ₹33.04 | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹70.80 less at m.Stock; a DP charge is not published | ₹396.48 | ₹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 at m.Stock, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: ₹10 per order at m.Stock, 0.1% on buy and sell at Rupeezy.
- DP charge on selling shares: ₹18 plus GST per debit transaction at m.Stock, not stated at Rupeezy.
- Mainboard IPOs: Yes, with a two-click application at m.Stock, not stated at Rupeezy.
The same at both: account opening and SME IPOs.
m.Stock vs Rupeezy: charges side by side
Differs 5 of 7 charges differ between m.Stock and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | m.Stock | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | ₹0 |
| Demat maintenance (AMC) | ₹0 | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, with a two-click application | 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 | ₹10 per order | 0.1% on buy and sell |
| DP charge on selling shares | ₹18 plus GST per debit transaction | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000163138 | INZ000187932 |
For other trading, equity intraday, Futures, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the m.Stock and Rupeezy pages.
m.Stock and Rupeezy strengths and things worth checking
m.Stock
Strengths
- ₹10 per order
- ₹0 AMC
- Free call and trade
Worth checking
- System square-off is costly
₹100 plus GST per order if m.Stock squares off your intraday position.
- DP charge
₹18 plus GST per sale.
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: m.Stock vs Rupeezy
| Charge | m.Stock | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what m.Stock and Rupeezy would each charge.
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Frequently asked questions
Which is cheaper for selling IPO shares, m.Stock 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 ₹5.90 less at m.Stock (our calculation). For two SME lots worth ₹2,50,000: m.Stock ₹33.04, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between m.Stock 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 ₹70.80 less at m.Stock (our calculation).
Can I apply for SME IPOs on m.Stock and Rupeezy?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at m.Stock and Rupeezy?
m.Stock: ₹0. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.
What brokerage do m.Stock 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 ₹11.80 at m.Stock and ₹17.70 at Rupeezy (our calculation from their published rates).