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Geojit for IPO investors: charges, AMC and how to apply

Geojit is a Kochi-based full-service broker with a strong base in Kerala and the Gulf. Charges depend on the plan (GInvest Max, G-Trade Max, G-Trade Cash). Here are its charges as published on its own website (read 23 Oct 2026), what it costs to sell IPO shares, SME IPO access, and how to open an account and apply. Facts only, not a recommendation.

By IPO24by7 Research. Updated .

SEBI INZ000318938DP IN-DP-781-2024Charges read 23 Oct 2026

Open an account

Account opening
₹0
Demat AMC
Not stated

Apply for IPOs

Mainboard IPOs
Yes
SME IPOs
Not stated

Sell your IPO shares

Delivery brokerage
0.30%
DP charge on a sale
Not stated on the pages we checked
Cost to sell ₹15,000 of IPO shares
Not publishedBrokerage and DP with GST, ours

Geojit: strengths and things worth checking

Worth checking 2 · Strengths 1From Geojit's published charges

Worth checking

  • Percentage brokerage on delivery

    0.30% with no cap: ₹45 on a ₹15,000 sale.

  • AMC and DP charge not on the pricing page

    Check them before you open an account.

Strengths

  • Full-service support

    Branches and research, with a large base outside India.

Company and registration

CompanyGeojit Investment Limited
SEBI stockbroker registrationINZ000318938
Depository participantIN-DP-781-2024
Websitegeojit.com

Geojit account opening and AMC charges

ChargeAs published by Geojit
Account openingNil
Demat maintenance (AMC)Not stated on the pages we checked

Geojit brokerage charges

SegmentBrokerage
Equity deliveryWhen you sell IPO shares0.30%
Equity intraday0.03% (GInvest Max); ₹20 or 0.03%, whichever is lower (G-Trade plans)
Futures0.01% (GInvest Max); ₹20 per lot (G-Trade Max)
Options₹50 per lot (GInvest Max); slab-based on G-Trade plans

Other Geojit charges

ChargeAs published by Geojit
DP charge on selling delivery sharesWhen you sell IPO sharesNot stated on the pages we checked

Sources: Geojit brokerage charges, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check Geojit's page before you open an account.

Government and exchange charges

These are set by the government, SEBI and the exchanges, and are the same at every broker.

ChargeEquity deliveryEquity intraday
Securities transaction tax (STT)0.1% on buy and sell0.025% on sell
Exchange transaction chargeNSE 0.00307%, BSE 0.00375%NSE 0.00307%, BSE 0.00375%
SEBI fee₹10 per crore₹10 per crore
Stamp duty (buy side)0.015%0.003%
GST18% on brokerage, exchange and SEBI charges18% on brokerage, exchange and SEBI charges

Government and exchange rates as listed on the Zerodha and Indiabulls Securities charges pages, read on 23 Oct 2026.

What it costs to sell your IPO shares on Geojit

Applying for an IPO carries no brokerage. Costs come when you sell. For IPO shares worth ₹15,000 sold from your demat account (our calculation):

Geojit brokerage₹45.00
GST on brokerage₹8.10
DP charge with GSTNot published
Charged by GeojitNot published
STT (0.1%)₹15.00
Exchange and SEBI charges₹0.48
All charges on the saleNot published

Geojit brokerage calculator

Enter a trade to see every charge. The example is one SME lot of 800 shares bought at ₹179 and sold at ₹190.

ChargeGeojit

Our calculation from each broker's published charges and the government and exchange rates above (NSE). For delivery, the DP charge is added once on the sale. Where a broker does not publish a charge, it shows as not published.

Applying for IPOs on Geojit

Mainboard IPOsYes
SME IPOsNot stated on the pages we checked

How to apply for an IPO on Geojit

  1. Find the IPO. Open the IPO section of the Geojit app or website while bidding is open, and pick the IPO.
  2. Enter your bid. Enter the number of lots and either tick cut-off price or enter a price within the band. SME IPOs need a price; cut-off is not allowed.
  3. Approve the UPI mandate. Approve the mandate in your UPI app before 5 pm on the closing day. The money is blocked, not debited, until allotment.
  4. Check allotment and sell if you choose. Allotted shares reach your Geojit demat account the next working day. You can sell from the listing day.

Any demat account also lets you apply through ASBA in your bank's net banking. See the IPOs open this week.

How to open a Geojit account

  1. Keep your documents ready. PAN, Aadhaar linked to your mobile number, a bank account with a cancelled cheque or statement, and your signature on white paper.
  2. Start on geojit.com. Sign up on the Geojit website or app with your mobile number and email, and verify the OTPs.
  3. Complete KYC online. Enter your PAN and Aadhaar details, link your bank account, and upload a photo and signature. Most brokers also do in-person verification by video or selfie.
  4. E-sign the form. Sign the account opening form with an Aadhaar OTP. The account is usually active within one or two working days.

Compare Geojit with other brokers

All brokers and charges compared

Frequently asked questions

What are the Geojit account opening charges?

Nil. Demat AMC: Not stated on the pages we checked.

What is the Geojit brokerage on delivery?

0.30%. Intraday: 0.03% (GInvest Max); ₹20 or 0.03%, whichever is lower (G-Trade plans).

What is the Geojit DP charge?

Not stated on the pages we checked. The DP charge is collected each time you sell shares from your demat account, including IPO shares.

Can I apply for SME IPOs on Geojit?

Geojit's own pages we checked do not say whether SME IPOs can be applied for. Ask Geojit before the IPO opens.

How do I apply for an IPO on Geojit?

Open the IPO section of the Geojit app, pick the IPO, enter the lots and price (or cut-off for mainboard IPOs), and approve the UPI mandate before 5 pm on the closing day.

What does it cost to sell IPO shares on Geojit?

Geojit does not publish all the charges needed to work this out on the pages we checked. Ask for the delivery brokerage and DP charge on your plan.

Is Geojit registered with SEBI?

Yes. Geojit Investment Limited is registered with SEBI as a stockbroker, INZ000318938, and as a depository participant, IN-DP-781-2024. You can confirm it on the SEBI website.

What is the Geojit margin trading (MTF) interest rate?

Not stated on the pages we checked.

Is Geojit good for IPO investors?

It depends on how you invest. Compare the yearly AMC, the cost to sell IPO shares and SME IPO access below with other brokers. We list facts from Geojit's own website and do not rate or rank brokers.