Check out this detailed review of Shoonya by Finvasia, as we analyze this innovative platform to uncover its features, benefits, and potential drawbacks. Explore a complete, in-depth review of Shoonya by Finvasia's brokerage charges, account opening charges, profits, debts, balance sheets, and past performances.
Background
| Year of Incorporation | 2020 |
| Website | https://shoonya.com/ |
| Phone | +91-172-474-0000 |
| Exchanges enabled | BSE, NSE, NCDEX, MCX |
| Demat (NSDL/CDSL) | CDSL |
Brokerage
| Equity | Zero in Delivery and 0.03% or Rs. 5, whichever is low in Intraday |
| Equity Futures | 0.03% or Rs. 5, whichever is low |
| Equity Options | Flat Rs. 5 + GST |
| Currency Futures | 0.03% or Rs. 5, whichever is low |
| Currency Options | Flat Rs. 5 + GST |
| Commodity | 0.03% or Rs. 5 in Futures and Flat Rs. 5 + GST on Options |
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Account Opening Costs
| Trading only | Free |
| Trading & Demat | Free |
| Commodity | Free |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0 |
| Futures | 0 |
| Options | 0 |
| Commodities | 0 |
| AMC charge | 0 |
| DP Transaction Charge | Rs 9 + GST |
| Offline order placing Charge | 0 |
Platforms
| Software |  |
| Web/HTML 5 | |
| Mobile | |
Charting
| Intraday | Yes |
| End of Day | Yes |
| Coding/Backtesting | |
Reporting
| Online Trade Reports | |
| Online PNL Reports | |
| Online Contract Notes | |
Margins
Leverage Provided
| Equity | Upto 1x on Delivery & Upto 2x on Intraday |
| Equity Futures | Upto 1x |
| Equity Options | Upto 1.5x |
| Currency Futures | Upto 1.2x |
| Currency Options | Upto 1.5x |
| Commodity | Upto 1.5x |
Support & Tools
| Research & Tips |
|
| Brokerage Calculator | |
| Margin Calculator | |
| Bracket orders | |
| Trailing Stoploss | |
| Training & Education | |
Convenience
| 3 in 1 Account | |
| Instant Fund withdrawal | |
| Relationship Managers | |
Financial Health
Equity & Commodity Consolidated
Look for brokerages with higher profit, low debt, and a higher profit to equity ratio, which will indicate profitability based on capital deployed, and a balance sheet size of at least Rs 50 crore. If a broker is in financial trouble, it will start showing up on his balance sheet.
| Profit after Tax FY11/12 | 0 |
| Profit after Tax FY12/13 | 0 |
| Profit after Tax FY13/14 | 0 |
| Profit after Tax FY 14/15 | 0 |
| Profit after Tax FY 15/16 | 0 |
| Profit after Tax FY 16/17 | 0 |
| Profit after Tax FY 17/18 | 0 |
| Profit after Tax FY 18/19 | 0 |
| Profit after Tax FY 19/20 | Rs 140 Crores |
| Profit after Tax FY 20/21 | Rs 225.12 Crores |
| Profit after Tax FY 21/22 | Rs 248.93 Crores |
| Profit after Tax FY 22/23 | Rs 451.24 Crores |
| Profit after Tax FY 23/24 | Rs 578.66 Crore |
| Profit after Tax FY 24/25 | |
| Debt FY11/12 | 0 |
| Debt FY12/13 | 0 |
| Debt FY13/14 | 0 |
| Debt FY14/15 | 0 |
| Debt FY15/16 | 0 |
| Debt FY16/17 | 0 |
| Debt FY17/18 | 0 |
| Debt FY18/19 | 0 |
| Debt FY19/20 | Rs 5.31 Crores |
| Debt FY20/21 | Rs 6.45 Crores |
| Debt FY21/22 | Rs 7.63 Crores |
| Debt FY22/23 | Rs 6.85 Crores |
| Debt FY23/24 | Rs 18.36 Crores |
| Debt FY24/25 | |
| Profit to Equity(%) FY11/12 | 0 |
| Profit to Equity(%) FY12/13 | 0 |
| Profit to Equity(%) FY13/14 | 0 |
| Profit to Equity(%) FY14/15 | 0 |
| Profit to Equity(%) FY15/16 | 0 |
| Profit to Equity(%) FY16/17 | 0 |
| Profit to Equity(%) FY17/18 | 0 |
| Profit to Equity(%) FY18/19 | 0 |
| Profit to Equity(%) FY19/20 | 3.12% |
| Profit to Equity(%) FY20/21 | 2.75% |
| Profit to Equity(%) FY21/22 | 3.94% |
| Profit to Equity(%) FY22/23 | 4.31% |
| Profit to Equity(%) FY23/24 | 8.64% |
| Profit to Equity(%) FY24/25 | |
| Balance Sheet Size FY11/12 | 0 |
| Balance Sheet Size FY12/13 | 0 |
| Balance Sheet Size FY13/14 | 0 |
| Balance Sheet Size FY14/15 | 0 |
| Balance Sheet Size FY15/16 | 0 |
| Balance Sheet Size FY16/17 | 0 |
| Balance Sheet Size FY17/18 | 0 |
| Balance Sheet Size FY18/19 | 0 |
| Balance Sheet Size FY19/20 | Rs 1503 Crores |
| Balance Sheet Size FY20/21 | Rs 2314 Crores |
| Balance Sheet Size FY21/22 | Rs 3287.21 Crores |
| Balance Sheet Size FY22/23 | Rs 4821.39 Crores |
| Balance Sheet Size FY23/24 | Rs 5719.75 Crores |
| Balance Sheet Size FY24/25 |