Open an account
- Account opening
- ₹0
- Demat AMC
- Not stated
Apply for IPOs
- Mainboard IPOs
- Not stated
- SME IPOs
- Not stated
Sell your IPO shares
- Delivery brokerage
- ₹20 (DIY) or 0.4%
- DP charge on a sale
- DIY: ₹18 per scrip
- Cost to sell ₹15,000 of IPO shares
- ₹44.84Brokerage and DP with GST, ours
Jainam: strengths and things worth checking
Worth checking
- Premium delivery is 0.4%
₹60 on a ₹15,000 sale on the Premium plan. Our calculator uses the DIY plan.
- DIY dealer orders cost ₹70
Plus ₹20 brokerage and GST.
Strengths
- Two plans
DIY flat fee or Premium with dealer support at no extra charge.
Company and registration
| Company | Jainam Broking Limited |
|---|---|
| SEBI stockbroker registration | INZ000198735 |
| Depository participant | IN-DP-CDSL-223-2016 |
| Website | jainam.in |
Jainam account opening and AMC charges
| Charge | As published by Jainam |
|---|---|
| Account opening | ₹0 online |
| Demat maintenance (AMC) | Not stated on the pages we checked |
Jainam brokerage charges
| Segment | Brokerage |
|---|---|
| Equity deliveryWhen you sell IPO shares | DIY: ₹20 per order; Premium: 0.4% |
| Equity intraday | DIY: ₹20 per order; Premium: 0.04% |
| Futures | DIY: ₹20 per order; Premium: 0.04% |
| Options | DIY: ₹20 per order; Premium: ₹50 per lot |
Other Jainam charges
| Charge | As published by Jainam |
|---|---|
| DP charge on selling delivery sharesWhen you sell IPO shares | DIY: ₹18 per scrip; Premium: ₹25 per request plus GST |
| Call and trade | DIY: ₹70 per order plus ₹20 brokerage plus GST; Premium: ₹0 |
| Pledge | DIY: ₹15 per scrip plus GST; Premium: ₹5 |
Sources: Jainam pricing, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check Jainam'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 Jainam
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):
| Jainam brokerage | ₹20.00 |
| GST on brokerage | ₹3.60 |
| DP charge with GST | ₹21.24 |
| Charged by Jainam | ₹44.84 |
|---|---|
| STT (0.1%) | ₹15.00 |
| Exchange and SEBI charges | ₹0.48 |
| All charges on the sale | ₹60.41 |
Jainam 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 | Jainam |
|---|
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 Jainam
| Mainboard IPOs | Not stated on the pages we checked |
|---|---|
| SME IPOs | Not stated on the pages we checked |
How to apply for an IPO on Jainam
- Find the IPO. Open the IPO section of the Jainam 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 Jainam 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 Jainam 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 jainam.in. Sign up on the Jainam 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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All brokers and charges compared
Frequently asked questions
What are the Jainam account opening charges?
₹0 online. Demat AMC: Not stated on the pages we checked.
What is the Jainam brokerage on delivery?
DIY: ₹20 per order; Premium: 0.4%. Intraday: DIY: ₹20 per order; Premium: 0.04%.
What is the Jainam DP charge?
DIY: ₹18 per scrip; Premium: ₹25 per request plus GST. The DP charge is collected each time you sell shares from your demat account, including IPO shares.
Can I apply for SME IPOs on Jainam?
Jainam's own pages we checked do not say whether SME IPOs can be applied for. Ask Jainam before the IPO opens.
How do I apply for an IPO on Jainam?
Open the IPO section of the Jainam 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 Jainam?
Selling ₹15,000 of IPO shares costs ₹44.84 in Jainam brokerage and DP charge with GST, and ₹60.41 in all after STT, exchange and SEBI charges (our calculation).
Is Jainam registered with SEBI?
Yes. Jainam Broking Limited is registered with SEBI as a stockbroker, INZ000198735, and as a depository participant, IN-DP-CDSL-223-2016. You can confirm it on the SEBI website.
What is the Jainam margin trading (MTF) interest rate?
Not stated on the pages we checked.
Is Jainam 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 Jainam's own website and do not rate or rank brokers.