ProStocksSEBI INZ000048660
- Account opening
- ₹0
- Demat AMC
- ₹0 (₹1,000 deposit)
- SME IPOs
- Not stated
- Delivery brokerage
- ₹0
- Cost to sell ₹15,000 of IPO shares
- ₹23.60Brokerage 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 ProStocks and Rupeezy differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | ProStocks | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹17.70 less at ProStocks; a DP charge is not published | ₹23.60 | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹295.00 less at ProStocks; a DP charge is not published | ₹23.60 | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹212.40 less at ProStocks; a DP charge is not published | ₹283.20 | ₹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.
- Account opening: No fee listed at ProStocks, ₹0 at Rupeezy.
- Demat maintenance (AMC): None at ProStocks, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: ₹0 at ProStocks, 0.1% on buy and sell at Rupeezy.
- DP charge on selling shares: ₹20 per scrip plus 18% GST at ProStocks, not stated at Rupeezy.
The same at both: mainboard IPOs and SME IPOs.
ProStocks vs Rupeezy: charges side by side
Differs 5 of 7 charges differ between ProStocks and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | ProStocks | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | No fee listed (online application) | ₹0 |
| Demat maintenance (AMC) | None; ₹1,000 refundable demat deposit | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Not stated on the pages we checked | 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 (flat fee plan) | 0.1% on buy and sell |
| DP charge on selling shares | ₹20 per scrip plus 18% GST | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000048660 | 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 ProStocks and Rupeezy pages.
ProStocks and Rupeezy strengths and things worth checking
ProStocks
Strengths
- ₹0 delivery brokerage
- No AMC
- Cheap dealer orders
Worth checking
- Refundable deposit
₹1,000 demat deposit.
- IPO access not stated
The pricing page does not mention IPO applications.
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: ProStocks vs Rupeezy
| Charge | ProStocks | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what ProStocks and Rupeezy would each charge.
Other comparisons
Every comparison with ProStocks or Rupeezy, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, ProStocks 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 ProStocks (our calculation). For two SME lots worth ₹2,50,000: ProStocks ₹23.60, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between ProStocks 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 ProStocks (our calculation).
Can I apply for SME IPOs on ProStocks and Rupeezy?
Neither says clearly on its pages that SME IPOs can be applied for.
Is account opening free at ProStocks and Rupeezy?
ProStocks: No fee listed. Rupeezy: ₹0.
What is the demat AMC at ProStocks and Rupeezy?
ProStocks: None. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.