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
TradejiniSEBI INZ000160938
- 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 SAMCO and Tradejini differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | SAMCO | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Same brokerage at both; a DP charge is not published | ₹47.20 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Same brokerage at both; a DP charge is not published | ₹47.20 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldSame brokerage at both; a DP charge is not published | ₹566.40 | ₹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 ₹400 plus taxes a year for individuals at SAMCO, not stated at Tradejini.
- Equity delivery brokerage: ₹20 per executed order or 2.5%, whichever is lower at SAMCO, ₹20 per order at Tradejini.
- DP charge on selling shares: ₹20 plus taxes within SAMCO at SAMCO, not stated at Tradejini.
The same at both: account opening, Mainboard IPOs and SME IPOs.
SAMCO vs Tradejini: charges side by side
Differs 4 of 7 charges differ between SAMCO and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | SAMCO | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | Free online |
| Demat maintenance (AMC) | ₹0 in the first year, then ₹400 plus taxes a year for individuals | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes | Yes, ₹0 commission |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 per executed order or 2.5%, whichever is lower (the headline says 0.25% or ₹20) | ₹20 per order |
| DP charge on selling shares | ₹20 plus taxes within SAMCO; ₹25 or 0.02%, whichever is higher, plus taxes outside | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000002535 | INZ000160938 |
For other trading, equity intraday and Call and trade differ too. Intraday, futures, call and trade and margin charges are on the SAMCO and Tradejini pages.
SAMCO and Tradejini strengths and things worth checking
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.
Tradejini
Strengths
- Flat ₹20
- IPOs free
Worth checking
- AMC and DP charge not on the list of charges
Check them before you open an account.
Brokerage calculator: SAMCO vs Tradejini
| Charge | SAMCO | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what SAMCO and Tradejini would each charge.
Other comparisons
Every comparison with SAMCO or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, SAMCO or Tradejini?
Tradejini does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. For two SME lots worth ₹2,50,000: SAMCO ₹47.20, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between SAMCO and Tradejini be over a year?
Not in full, because Tradejini does not publish its DP charge.
Can I apply for SME IPOs on SAMCO and Tradejini?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at SAMCO and Tradejini?
SAMCO: ₹0 in the first year, then ₹400 plus taxes a year for individuals. Tradejini: not stated.
What brokerage do SAMCO and Tradejini charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹23.60 at SAMCO and ₹23.60 at Tradejini (our calculation from their published rates).