Geojit vs Sharekhan – Compare Charges, Trading Features, Offers & more

Find a Comparison of Geojit vs Sharekhan 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 Sharekhan.

Background

Year of Incorporation 1996 2000
Website https://www.geojit.com/ https://www.sharekhan.com/
Phone 1800-425-5501 022-41523200
Exchanges enabled NSE, BSE, MCX-SX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL & CDSL
Brokerage

Equity 0.03% Intraday & 0.30% Delivery 0.03% for Intraday
Equity Futures 0.01% of Turnover 0.03% of Turnover
Equity Options Rs 50 per lot Rs 20 per lot
Currency Futures 0.03% of Turnover 0.02% per Transaction Value
Currency Options Rs 50 per lot Rs 5 per lot
Commodity Not Available Rs 20 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 400
Commodity Not Available Rs 0
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 0.0021% of Turnover
Options 0.055% of Turnover 0.055% of Premium Turnover
Commodities Not Available 0.0027% of Turnover
AMC charge Rs 400 per year Rs 400 per year
DP Transaction Charge Rs 15 per debit transaction or 0.02% whichever is higher Rs 30 or 0.03% whichever is higher
Offline order placing Charge 0 Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 30 Days
End of Day 5 years 10 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 Upto 10x
Equity Futures Upto 1x for Intraday Upto 2x for Intraday
Equity Options Upto 2x for Intraday Upto 1x
Currency Futures Upto 1x for Intraday No Leverage
Currency Options Upto 2x for Intraday No Leverage
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 Rs 87.5 Crores
Profit after Tax FY12/13 Rs 49.4 Crores Rs 107 Crores
Profit after Tax FY13/14 Rs 75.8 Crores Rs 128.90 Crore
Profit after Tax FY 14/15 Rs 88.00 Crores Rs 168.52 Crore
Profit after Tax FY 15/16 Rs 107.71 Crores Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 137.49 Crores Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 108.82 Crores Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 93.60 Crores Rs 191.48 Crore
Profit after Tax FY 19/20 Rs 139.00 Crores Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 128.86 Crores Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 137.74 Crores Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 160.05 Crores Rs 205.86 Crore
Debt FY11/12 Rs 27.58 Crores Rs 335.1 Crores
Debt FY12/13 Rs 37.03 Crores Rs 335.1 Crores
Debt FY13/14 Rs 29.78 Crores Rs 486.64 Crores
Debt FY14/15 Rs 33.25 Crores Rs 481.20 Crores
Debt FY15/16 Rs 31.87 Crores Rs 376.69 Crores
Debt FY16/17 Rs 33.85 Crores Rs 364.87 Crores
Debt FY17/18 Rs 40.37 Crores Rs 547.71 Crores
Debt FY18/19 Rs 37.81 Crores Rs 434.84 Crores
Debt FY19/20 Rs 40.51 Crores Rs 565.48 Crores
Debt FY20/21 Rs 39.63 Crores Rs 455.09 Crores
Debt FY21/22 Rs 45.75 Crores Rs 453.87 Crores
Debt FY22/23 Rs 41.96 Crores Rs 593.90 Crores
Profit to Equity(%) FY11/12 31.3 19.86
Profit to Equity(%) FY12/13 11.9 16.04
Profit to Equity(%) FY13/14 18.2 Rs 22.13 Lakh
Profit to Equity(%) FY14/15 24.43 Rs 30.06
Profit to Equity(%) FY15/16 35.17 Rs 31.43
Profit to Equity(%) FY16/17 37.26 Rs 28.83
Profit to Equity(%) FY17/18 40.67 Rs 30.54
Profit to Equity(%) FY18/19 34.85 Rs 31.45
Profit to Equity(%) FY19/20 30.01 Rs 35.79
Profit to Equity(%) FY20/21 34.15 Rs 47.35
Profit to Equity(%) FY21/22 39.42 Rs 39.13
Profit to Equity(%) FY22/23 30.34 Rs 56.92
Balance Sheet Size FY11/12 Rs 614 Crores Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 610 Crores Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 644 Crores Rs 1715.00 Crores
Balance Sheet Size FY14/15 Rs 686.71 Crores Rs 2747.23 Crores
Balance Sheet Size FY15/16 Rs 673.67 Crores Rs 2700.50 Crores
Balance Sheet Size FY16/17 Rs 960.37 Crores Rs 2036.15 Crores
Balance Sheet Size FY17/18 Rs 900.92 Crores Rs 1791.65 Crores
Balance Sheet Size FY18/19 Rs 919.72 Crores Rs 3039.18 Crores
Balance Sheet Size FY19/20 Rs 1013.81 Crores Rs 2876.57 Crores
Balance Sheet Size FY20/21 Rs 1050.98 Crores Rs 1756.08 Crores
Balance Sheet Size FY21/22 Rs 944.55 Crores Rs 1965.11 Crores
Balance Sheet Size FY22/23 Rs 921.74 Crores Rs 2853.01 Crores

Comparison Link:

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Frequently Asked Questions

Is Geojit better than Sharekhan ?

Geojit and Sharekhan 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 Sharekhan better than Geojit ?

Geojit and Sharekhan 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 Sharekhan ?

Geojit and Sharekhan 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 Sharekhan cheaper than Geojit ?

Geojit and Sharekhan 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. Sharekhan ?

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