Geojit vs Punch Trade – Compare Charges, Trading Features, Offers & more

Find a Comparison of Geojit vs Punch Trade here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Geojit and Punch Trade.

Background

Year of Incorporation 1996 2016
Website https://www.geojit.com/ https://www.punch.trade/
Phone 1800-425-5501 +91-7948222271
Exchanges enabled NSE, BSE, MCX-SX BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL & CDSL CDSL
Brokerage

Equity 0.03% Intraday & 0.30% Delivery Rs 20 or 0.03% per executed order
Equity Futures 0.01% of Turnover Rs 20 per executed order
Equity Options Rs 50 per lot Rs 20 per executed order
Currency Futures 0.03% of Turnover Rs 20 per executed order
Currency Options Rs 50 per lot Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Free Free
Trading & Demat Free Free
Commodity Not Available Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0021% of Turnover 0.0019% of Turnover
Options 0.055% of Turnover 0.05% of Turnover
Commodities Not Available 0.03% of Turnover
AMC charge Rs 400 per year Rs 300 per annum
DP Transaction Charge Rs 15 per debit transaction or 0.02% whichever is higher Rs 25 per Debit Transaction
Offline order placing Charge 0 Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 7 Days
End of Day 5 years 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x on Intraday and Upto 1x on Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 1x for Intraday 2x for intraday
Equity Options Upto 2x for Intraday Upto 2x for Intraday
Currency Futures Upto 1x for Intraday Upto 2x for intraday
Currency Options Upto 2x for Intraday Upto 2x for Intraday
Commodity Not Available Upto 2x for Intraday
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, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 47.7 Crores Not Available
Profit after Tax FY12/13 Rs 49.4 Crores Not Available
Profit after Tax FY13/14 Rs 75.8 Crores Not Available
Profit after Tax FY 14/15 Rs 88.00 Crores Not Available
Profit after Tax FY 15/16 Rs 107.71 Crores Not Available
Profit after Tax FY 16/17 Rs 137.49 Crores Rs 17 Lakhs
Profit after Tax FY 17/18 Rs 108.82 Crores Rs 27 Lakhs
Profit after Tax FY 18/19 Rs 93.60 Crores Rs 35 Lakhs
Profit after Tax FY 19/20 Rs 139.00 Crores Rs 42 Lakhs
Profit after Tax FY 20/21 Rs 128.86 Crores Rs 46 Lakhs
Profit after Tax FY 21/22 Rs 137.74 Crores Rs 61 Lakhs
Profit after Tax FY 22/23 Rs 160.05 Crores Rs 75 Lakhs
Debt FY11/12 Rs 27.58 Crores Not Available
Debt FY12/13 Rs 37.03 Crores Not Available
Debt FY13/14 Rs 29.78 Crores Not Available
Debt FY14/15 Rs 33.25 Crores Not Available
Debt FY15/16 Rs 31.87 Crores Not Available
Debt FY16/17 Rs 33.85 Crores Rs 12.22 Lakhs
Debt FY17/18 Rs 40.37 Crores Rs 18.64 Lakhs
Debt FY18/19 Rs 37.81 Crores Rs 26.79 Lakhs
Debt FY19/20 Rs 40.51 Crores Rs 33.82 Lakhs
Debt FY20/21 Rs 39.63 Crores Rs 39.47 Lakhs
Debt FY21/22 Rs 45.75 Crores Rs 48.58 Lakhs
Debt FY22/23 Rs 41.96 Crores Rs 52.22 Lakhs
Profit to Equity(%) FY11/12 31.3 Not Available
Profit to Equity(%) FY12/13 11.9 Not Available
Profit to Equity(%) FY13/14 18.2 Not Available
Profit to Equity(%) FY14/15 24.43 Not Available
Profit to Equity(%) FY15/16 35.17 Not Available
Profit to Equity(%) FY16/17 37.26 6.49%
Profit to Equity(%) FY17/18 40.67 7.22%
Profit to Equity(%) FY18/19 34.85 8.53%
Profit to Equity(%) FY19/20 30.01 8.09%
Profit to Equity(%) FY20/21 34.15 10.46%
Profit to Equity(%) FY21/22 39.42 11.35%
Profit to Equity(%) FY22/23 30.34 14.95%
Balance Sheet Size FY11/12 Rs 614 Crores Not Available
Balance Sheet Size FY12/13 Rs 610 Crores Not Available
Balance Sheet Size FY13/14 Rs 644 Crores Not Available
Balance Sheet Size FY14/15 Rs 686.71 Crores Not Available
Balance Sheet Size FY15/16 Rs 673.67 Crores Not Available
Balance Sheet Size FY16/17 Rs 960.37 Crores Rs 155 Lakhs
Balance Sheet Size FY17/18 Rs 900.92 Crores Rs 170 Lakhs
Balance Sheet Size FY18/19 Rs 919.72 Crores Rs 173 Lakhs
Balance Sheet Size FY19/20 Rs 1013.81 Crores Rs 188 Lakhs
Balance Sheet Size FY20/21 Rs 1050.98 Crores Rs 195 Lakhs
Balance Sheet Size FY21/22 Rs 944.55 Crores Rs 205 Lakhs
Balance Sheet Size FY22/23 Rs 921.74 Crores Rs 225 Lakhs

Comparison Link:

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Frequently Asked Questions

Is Geojit better than Punch Trade ?

Geojit and Punch Trade are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Punch Trade better than Geojit ?

Geojit and Punch Trade are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Geojit cheaper than Punch Trade ?

Geojit and Punch Trade are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Punch Trade cheaper than Geojit ?

Geojit and Punch Trade are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Geojit vs. Punch Trade ?

To find out the better of the two stockbrokers Geojit and Punch Trade, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.