Open an account
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹250/yr + GST
Apply for IPOs
- Mainboard IPOs
- Yes
- SME IPOs
- Not stated
Sell your IPO shares
- Delivery brokerage
- 0.25%
- DP charge on a sale
- ₹25 plus GST per scrip
- Cost to sell ₹15,000 of IPO shares
- ₹73.75Brokerage and DP with GST, ours
IIFL Capital: strengths and things worth checking
Worth checking
- Percentage brokerage on delivery
0.25% with no cap: ₹37.50 on a ₹15,000 sale.
- DP charge
₹25 plus GST per sale.
- System square-off
₹100 per order.
Strengths
- Full-service support
Research and a dealing desk.
- Lower AMC
₹250 plus GST a year after the first year.
Company and registration
| Company | IIFL Capital Services Limited (formerly IIFL Securities Limited) |
|---|---|
| SEBI stockbroker registration | INZ000164132 |
| Depository participant | IN-DP-185-2016 |
| Website | indiainfoline.com |
IIFL Capital account opening and AMC charges
| Charge | As published by IIFL Capital |
|---|---|
| Account opening | ₹0 |
| Demat maintenance (AMC) | ₹0 in the first year, then ₹250 plus GST a year |
IIFL Capital brokerage charges
| Segment | Brokerage |
|---|---|
| Equity deliveryWhen you sell IPO shares | 0.25% |
| Equity intraday and futures | 0.025% |
| Options | ₹25 per lot |
| Currency | Futures ₹20 per lot; options ₹8 per lot |
| Commodity | 0.025%; options per lot from ₹10 (Gold Mini) to ₹125 (Gold) |
Other IIFL Capital charges
| Charge | As published by IIFL Capital |
|---|---|
| DP charge on selling delivery sharesWhen you sell IPO shares | ₹25 plus GST per scrip |
| Call and trade | ₹50 extra per order through the dealing desk |
| System and risk square-off | ₹100 |
| Pledge | ₹25 per ISIN including GST |
Sources: IIFL Capital brokerage charges, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check IIFL Capital'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.
| Charge | Equity delivery | Equity intraday |
|---|---|---|
| Securities transaction tax (STT) | 0.1% on buy and sell | 0.025% on sell |
| Exchange transaction charge | NSE 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% |
| GST | 18% on brokerage, exchange and SEBI charges | 18% 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 IIFL Capital
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):
| IIFL Capital brokerage | ₹37.50 |
| GST on brokerage | ₹6.75 |
| DP charge with GST | ₹29.50 |
| Charged by IIFL Capital | ₹73.75 |
|---|---|
| STT (0.1%) | ₹15.00 |
| Exchange and SEBI charges | ₹0.48 |
| All charges on the sale | ₹89.32 |
IIFL Capital 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.
| Charge | IIFL Capital |
|---|
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 IIFL Capital
| Mainboard IPOs | Yes |
|---|---|
| SME IPOs | Not stated on the pages we checked |
How to apply for an IPO on IIFL Capital
- Find the IPO. Open the IPO section of the IIFL Capital app or website while bidding is open, and pick the IPO.
- 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.
- 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.
- Check allotment and sell if you choose. Allotted shares reach your IIFL Capital 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 IIFL Capital account
- 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.
- Start on indiainfoline.com. Sign up on the IIFL Capital website or app with your mobile number and email, and verify the OTPs.
- 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.
- E-sign the form. Sign the account opening form with an Aadhaar OTP. The account is usually active within one or two working days.
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Frequently asked questions
What are the IIFL Capital account opening charges?
₹0. Demat AMC: ₹0 in the first year, then ₹250 plus GST a year.
What is the IIFL Capital brokerage on delivery?
0.25%. Intraday: 0.025%.
What is the IIFL Capital DP charge?
₹25 plus GST per scrip. The DP charge is collected each time you sell shares from your demat account, including IPO shares.
Can I apply for SME IPOs on IIFL Capital?
IIFL Capital's own pages we checked do not say whether SME IPOs can be applied for. Ask IIFL Capital before the IPO opens.
How do I apply for an IPO on IIFL Capital?
Open the IPO section of the IIFL Capital 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 IIFL Capital?
Selling ₹15,000 of IPO shares costs ₹73.75 in IIFL Capital brokerage and DP charge with GST, and ₹89.32 in all after STT, exchange and SEBI charges (our calculation).
Is IIFL Capital registered with SEBI?
Yes. IIFL Capital Services Limited (formerly IIFL Securities Limited) is registered with SEBI as a stockbroker, INZ000164132, and as a depository participant, IN-DP-185-2016. You can confirm it on the SEBI website.
What is the IIFL Capital margin trading (MTF) interest rate?
Not stated on the pages we checked.
Is IIFL Capital 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 IIFL Capital's own website and do not rate or rank brokers.