Open an account
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹400/yr
Apply for IPOs
- Mainboard IPOs
- Yes
- SME IPOs
- Not stated
Sell your IPO shares
- Delivery brokerage
- 0.30%
- DP charge on a sale
- Nil when sold through Mirae Asset Sharekhan
- Cost to sell ₹15,000 of IPO shares
- ₹53.10Brokerage and DP with GST, ours
Mirae Asset Sharekhan: strengths and things worth checking
Worth checking
- Percentage brokerage on delivery
0.30% with no cap: ₹45 on a ₹15,000 sale.
- Options per lot
₹39 per lot each side.
- MTF at 18%
Margin trading interest is 18% a year.
Strengths
- No DP charge on sales
Nil DP charge when shares are sold through Sharekhan.
- Free call and trade
Dealer orders cost nothing extra.
- Research and branches
Full-service support.
Company and registration
| Company | Sharekhan Limited (Mirae Asset Sharekhan) |
|---|---|
| SEBI stockbroker registration | INZ000171337 |
| Depository participant | IN-DP-365-2018 |
| Website | sharekhan.com |
Mirae Asset Sharekhan account opening and AMC charges
| Charge | As published by Mirae Asset Sharekhan |
|---|---|
| Account opening | ₹0 |
| Demat maintenance (AMC) | ₹400 a year, free for the first year |
| AMC, basic services demat account (BSDA) | Nil up to ₹50,000 of holdings; ₹100 a year from ₹50,001 to ₹2 lakh |
Mirae Asset Sharekhan brokerage charges
| Segment | Brokerage |
|---|---|
| Equity deliveryWhen you sell IPO shares | 0.30% of trade value (minimum 1 paisa a share) |
| Equity intraday | 0.02% each side (minimum 1 paisa a share) |
| Equity futures | 0.02% each side |
| Equity options | ₹39 per lot each side |
| Currency | Futures 0.02% each side; options ₹5 per lot |
| Commodity | Futures 0.10%; options 1% of premium or ₹150, whichever is higher |
Other Mirae Asset Sharekhan charges
| Charge | As published by Mirae Asset Sharekhan |
|---|---|
| DP charge on selling delivery sharesWhen you sell IPO shares | Nil when sold through Mirae Asset Sharekhan |
| Call and trade | Free |
| Pledge for margin | ₹20 per request; ₹30 under margin funding |
| Margin trading (MTF) interest | 18% a year |
Sources: Mirae Asset Sharekhan pricing, read on 23 Oct 2026. GST at 18% applies on brokerage and most charges unless stated. Charges change; check Mirae Asset Sharekhan'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 Mirae Asset Sharekhan
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):
| Mirae Asset Sharekhan brokerage | ₹45.00 |
| GST on brokerage | ₹8.10 |
| DP charge with GST | ₹0.00 |
| Charged by Mirae Asset Sharekhan | ₹53.10 |
|---|---|
| STT (0.1%) | ₹15.00 |
| Exchange and SEBI charges | ₹0.48 |
| All charges on the sale | ₹68.67 |
Mirae Asset Sharekhan 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.
Applying for IPOs on Mirae Asset Sharekhan
| Mainboard IPOs | Yes |
|---|---|
| SME IPOs | Not stated on the pages we checked |
How to apply for an IPO on Mirae Asset Sharekhan
- Find the IPO. Open the IPO section of the Mirae Asset Sharekhan 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 Mirae Asset Sharekhan 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 Mirae Asset Sharekhan 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 sharekhan.com. Sign up on the Mirae Asset Sharekhan 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.
Compare Mirae Asset Sharekhan with other brokers
- Mirae Asset Sharekhan vs 5paisa
- Mirae Asset Sharekhan vs Alice Blue
- Mirae Asset Sharekhan vs Angel One
- Mirae Asset Sharekhan vs Bajaj Broking
- Mirae Asset Sharekhan vs Bigul (Bonanza)
- Mirae Asset Sharekhan vs Choice
- Mirae Asset Sharekhan vs Dhan
- Mirae Asset Sharekhan vs FYERS
- Mirae Asset Sharekhan vs Geojit
- Mirae Asset Sharekhan vs Groww
- Mirae Asset Sharekhan vs HDFC Securities (HDFC Sky)
- Mirae Asset Sharekhan vs ICICI Direct
- Mirae Asset Sharekhan vs IIFL Capital
- Mirae Asset Sharekhan vs Indiabulls Securities
- Mirae Asset Sharekhan vs INDmoney
- Mirae Asset Sharekhan vs Jainam
- Mirae Asset Sharekhan vs Kotak Securities (Kotak Neo)
- Mirae Asset Sharekhan vs m.Stock
- Mirae Asset Sharekhan vs PhonePe Invest (Share.Market)
- Mirae Asset Sharekhan vs ProStocks
- Mirae Asset Sharekhan vs Rupeezy
- Mirae Asset Sharekhan vs Sahi
- Mirae Asset Sharekhan vs SAMCO
- Mirae Asset Sharekhan vs Stoxkart
- Mirae Asset Sharekhan vs Tradejini
- Mirae Asset Sharekhan vs Upstox
- Mirae Asset Sharekhan vs Zerodha
All brokers and charges compared
Frequently asked questions
What are the Mirae Asset Sharekhan account opening charges?
₹0. Demat AMC: ₹400 a year, free for the first year.
What is the Mirae Asset Sharekhan brokerage on delivery?
0.30% of trade value (minimum 1 paisa a share). Intraday: 0.02% each side (minimum 1 paisa a share).
What is the Mirae Asset Sharekhan DP charge?
Nil when sold through Mirae Asset Sharekhan. The DP charge is collected each time you sell shares from your demat account, including IPO shares.
Can I apply for SME IPOs on Mirae Asset Sharekhan?
Mirae Asset Sharekhan's own pages we checked do not say whether SME IPOs can be applied for. Ask Mirae Asset Sharekhan before the IPO opens.
How do I apply for an IPO on Mirae Asset Sharekhan?
Open the IPO section of the Mirae Asset Sharekhan 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 Mirae Asset Sharekhan?
Selling ₹15,000 of IPO shares costs ₹53.10 in Mirae Asset Sharekhan brokerage and DP charge with GST, and ₹68.67 in all after STT, exchange and SEBI charges (our calculation).
Is Mirae Asset Sharekhan registered with SEBI?
Yes. Sharekhan Limited (Mirae Asset Sharekhan) is registered with SEBI as a stockbroker, INZ000171337, and as a depository participant, IN-DP-365-2018. You can confirm it on the SEBI website.
What is the Mirae Asset Sharekhan margin trading (MTF) interest rate?
18% a year.
Is Mirae Asset Sharekhan 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 Mirae Asset Sharekhan's own website and do not rate or rank brokers.