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
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 Sahi and Stoxkart differ
5 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Sahi | Stoxkart |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹14.75 less at Sahi; a DP charge is not published | ₹24.78 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹11.80 less at Sahi; a DP charge is not published | ₹27.73 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹177.00 less at Sahi; a DP charge is not published | ₹297.36 | ₹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): Free at Sahi, not stated at Stoxkart.
- Equity delivery brokerage: ₹10 or 0.05% per order, whichever is lower at Sahi, ₹20 per executed order at Stoxkart.
- DP charge on selling shares: ₹13.50 per company at Sahi, not stated at Stoxkart.
- Mainboard IPOs: Yes, free at Sahi, not stated at Stoxkart.
The same at both: account opening and SME IPOs.
Sahi vs Stoxkart: charges side by side
Differs 5 of 7 charges differ between Sahi and Stoxkart. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Sahi | Stoxkart |
|---|---|---|
| Open an account | ||
| Account opening | Free | ₹0 |
| Demat maintenance (AMC) | Free | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, free | 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 or 0.05% per order, whichever is lower | ₹20 per executed order |
| DP charge on selling shares | ₹13.50 per company (GST not stated; we add 18% in our calculation) | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000317632 | INZ000196835 |
For other trading, equity intraday and Futures differ too. Intraday, futures, call and trade and margin charges are on the Sahi and Stoxkart pages.
Sahi and Stoxkart 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.
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: Sahi vs Stoxkart
| Charge | Sahi | Stoxkart |
|---|
Ours, with NSE rates. Change the trade to see what Sahi and Stoxkart would each charge.
Other comparisons
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Every comparison with Sahi or Stoxkart, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Sahi 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 ₹14.75 less at Sahi (our calculation). For two SME lots worth ₹2,50,000: Sahi ₹27.73, Stoxkart ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Sahi 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 ₹177.00 less at Sahi (our calculation).
Can I apply for SME IPOs on Sahi and Stoxkart?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at Sahi and Stoxkart?
Sahi: Free. Stoxkart: not stated.
What brokerage do Sahi 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 ₹8.85 at Sahi and ₹23.60 at Stoxkart (our calculation from their published rates).