SahiSEBI INZ000317632
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- ₹10 or 0.05%, lower
- Cost to sell ₹15,000 of IPO shares
- ₹24.78Brokerage and DP with GST, ours
SAMCOSEBI INZ000002535
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹400/yr + taxes
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20 cap
- Cost to sell ₹15,000 of IPO shares
- ₹47.20Brokerage and DP with GST, ours
Where Sahi and SAMCO differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Sahi | SAMCO |
|---|---|---|
| One mainboard lot, ₹15,000₹22.42 less at Sahi | ₹24.78 | ₹47.20 |
| Two SME lots, ₹2,50,000₹19.47 less at Sahi | ₹27.73 | ₹47.20 |
| A year: 12 mainboard lots sold₹269.04 less at Sahi | ₹297.36 | ₹566.40 |
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): Free at Sahi, ₹0 in the first year, then ₹400 plus taxes a year for individuals at SAMCO.
- Equity delivery brokerage: ₹10 or 0.05% per order, whichever is lower at Sahi, ₹20 per executed order or 2.5%, whichever is lower at SAMCO.
- DP charge on selling shares: ₹13.50 per company at Sahi, ₹20 plus taxes within SAMCO at SAMCO.
The same at both: account opening, Mainboard IPOs and SME IPOs.
Sahi vs SAMCO: charges side by side
Differs 4 of 7 charges differ between Sahi and SAMCO. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Sahi | SAMCO |
|---|---|---|
| Open an account | ||
| Account opening | Free | ₹0 |
| Demat maintenance (AMC) | Free | ₹0 in the first year, then ₹400 plus taxes a year for individuals |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, free | Yes |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹10 or 0.05% per order, whichever is lower | ₹20 per executed order or 2.5%, whichever is lower (the headline says 0.25% or ₹20) |
| DP charge on selling shares | ₹13.50 per company (GST not stated; we add 18% in our calculation) | ₹20 plus taxes within SAMCO; ₹25 or 0.02%, whichever is higher, plus taxes outside |
| Registration | ||
| SEBI registration | INZ000317632 | INZ000002535 |
For other trading, equity intraday, Futures and Call and trade differ too. Intraday, futures, call and trade and margin charges are on the Sahi and SAMCO pages.
Sahi and SAMCO strengths and things worth checking
Sahi
Strengths
- ₹10 cap
- ₹0 AMC and account opening
- IPOs free
Worth checking
- Newer broker
Registered with SEBI in 2024.
- DP charge
₹13.50 per sale.
SAMCO
Strengths
- ₹20 cap
Worth checking
- Two delivery rates on one page
The headline says 0.25% or ₹20 and the table says 2.5% or ₹20. Both cap at ₹20.
- AMC after year one
₹400 plus taxes a year.
- Dealer orders
₹50 plus taxes per order.
Brokerage calculator: Sahi vs SAMCO
| Charge | Sahi | SAMCO |
|---|
Ours, with NSE rates. Change the trade to see what Sahi and SAMCO would each charge.
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Every comparison with Sahi or SAMCO, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Sahi or SAMCO?
Selling one mainboard lot of IPO shares (₹15,000) costs ₹24.78 in broker charges at Sahi and ₹47.20 at SAMCO (our calculation). For two SME lots worth ₹2,50,000: Sahi ₹27.73, SAMCO ₹47.20 (our calculation, brokerage and DP charge with GST).
How much would the difference between Sahi and SAMCO be over a year?
If you sell 12 mainboard lots of ₹15,000 in a year, Sahi costs ₹269.04 less in broker charges (our calculation). Add the yearly AMC: Sahi: Free; SAMCO: ₹0 in the first year, then ₹400 plus taxes a year for individuals.
Can I apply for SME IPOs on Sahi and SAMCO?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at Sahi and SAMCO?
Sahi: Free. SAMCO: ₹0 in the first year, then ₹400 plus taxes a year for individuals.
What brokerage do Sahi and SAMCO charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹8.85 at Sahi and ₹23.60 at SAMCO (our calculation from their published rates).