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

Find a Comparison of IDBI Capital 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 IDBI Capital and Punch Trade.

Background

Year of Incorporation 1993 2016
Website https://trade.idbicapital.com/ https://www.punch.trade/
Phone 022-39135001 +91-7948222271
Exchanges enabled NSE & BSE BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.08% for Intraday, 0.5% for Delivery Rs 20 or 0.03% per executed order
Equity Futures 0.08% per executed order Rs 20 per executed order
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures Not Available Rs 20 per executed order
Currency Options Not Available Rs 20 per executed order
Commodity Not Available Rs 20 per executed order
Account Opening Costs

Trading only Rs 500 Free
Trading & Demat Rs 500 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 0.0019% of Turnover 0.0019% of Turnover
Options 0.051% of Premium Turnover 0.05% of Turnover
Commodities Not Available 0.03% of Turnover
AMC charge Rs 450 Rs 300 per annum
DP Transaction Charge Rs 10/debit transaction Rs 25 per Debit Transaction
Offline order placing Charge NIL Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 years, Extra rental fees for trading software 7 Days
End of Day 5 years, Extra rental fees for trading software 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Intraday 1x on Delivery & upto 5x on Intraday
Equity Futures No Leverage 2x for intraday
Equity Options No Leverage Upto 2x for Intraday
Currency Futures Not Available Upto 2x for intraday
Currency Options Not Available 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 26.8 Crores Not Available
Profit after Tax FY12/13 Rs 24.2 Crores Not Available
Profit after Tax FY13/14 Rs 17.4 Crores Not Available
Profit after Tax FY 14/15 Rs 28.01 Crores Not Available
Profit after Tax FY 15/16 Rs 21.65 Crores Not Available
Profit after Tax FY 16/17 Rs 36.67 Crores Rs 17 Lakhs
Profit after Tax FY 17/18 Rs 31.76 Crores Rs 27 Lakhs
Profit after Tax FY 18/19 Rs 31.68 Crores Rs 35 Lakhs
Profit after Tax FY 19/20 Rs 26.53 Crores Rs 42 Lakhs
Profit after Tax FY 20/21 Rs 27.34 Crores Rs 46 Lakhs
Profit after Tax FY 21/22 Rs 36.28 Crores Rs 61 Lakhs
Profit after Tax FY 22/23 Rs 27.52 Crores Rs 75 Lakhs
Debt FY11/12 Rs 14.46 Crores Not Available
Debt FY12/13 Rs 16.99 Crores Not Available
Debt FY13/14 Rs 10.30 Crores Not Available
Debt FY14/15 Rs 11.48 Crores Not Available
Debt FY15/16 Rs 14.52 Crores Not Available
Debt FY16/17 Rs 19.01 Crores Rs 12.22 Lakhs
Debt FY17/18 Rs 20.26 Crores Rs 18.64 Lakhs
Debt FY18/19 Rs 17.83 Crores Rs 26.79 Lakhs
Debt FY19/20 Rs 23.93 Crores Rs 33.82 Lakhs
Debt FY20/21 Rs 18.71 Crores Rs 39.47 Lakhs
Debt FY21/22 Rs 24.32 Crores Rs 48.58 Lakhs
Debt FY22/23 Rs 19.41 Crores Rs 52.22 Lakhs
Profit to Equity(%) FY11/12 9.93 Not Available
Profit to Equity(%) FY12/13 10.47 Not Available
Profit to Equity(%) FY13/14 9.16 Not Available
Profit to Equity(%) FY14/15 10.87 Not Available
Profit to Equity(%) FY15/16 12.27 Not Available
Profit to Equity(%) FY16/17 10.68 6.49%
Profit to Equity(%) FY17/18 12.94 7.22%
Profit to Equity(%) FY18/19 15.11 8.53%
Profit to Equity(%) FY19/20 17.20 8.09%
Profit to Equity(%) FY20/21 14.37 10.46%
Profit to Equity(%) FY21/22 17.61 11.35%
Profit to Equity(%) FY22/23 20.92 14.95%
Balance Sheet Size FY11/12 Rs 322 Crores Not Available
Balance Sheet Size FY12/13 Rs 356 Crores Not Available
Balance Sheet Size FY13/14 Rs 343 Crores Not Available
Balance Sheet Size FY14/15 Rs 429.89 Crores Not Available
Balance Sheet Size FY15/16 Rs 527.83 Crores Not Available
Balance Sheet Size FY16/17 Rs 572.00 Crores Rs 155 Lakhs
Balance Sheet Size FY17/18 Rs 626.89 Crores Rs 170 Lakhs
Balance Sheet Size FY18/19 Rs 617.23 Crores Rs 173 Lakhs
Balance Sheet Size FY19/20 Rs 576.57 Crores Rs 188 Lakhs
Balance Sheet Size FY20/21 Rs 453.96 Crores Rs 195 Lakhs
Balance Sheet Size FY21/22 Rs 683.25 Crores Rs 205 Lakhs
Balance Sheet Size FY22/23 Rs 421.93 Crores Rs 225 Lakhs

Comparison Link:

Compare IDBI Capital Compare Punch Trade
IDBI Capital Vs BlinkX Punch Trade Vs BlinkX
IDBI Capital Vs Lemonn Punch Trade Vs Lemonn
IDBI Capital Vs Mandot Securities Punch Trade Vs Mandot Securities
IDBI Capital Vs HDFC Sky Punch Trade Vs HDFC Sky
IDBI Capital Vs Dhan Punch Trade Vs Dhan
IDBI Capital Vs Goodwill Wealth Punch Trade Vs Goodwill Wealth
IDBI Capital Vs Shoonya by Finvasia Punch Trade Vs Shoonya by Finvasia
IDBI Capital Vs NJ Wealth Punch Trade Vs NJ Wealth
IDBI Capital Vs Paytm Money Punch Trade Vs Paytm Money
IDBI Capital Vs Globe Capital Punch Trade Vs Globe Capital
IDBI Capital Vs Finvasia Punch Trade Vs Finvasia
IDBI Capital Vs Cholamandalam Securities Punch Trade Vs Cholamandalam Securities
IDBI Capital Vs Canara Bank Punch Trade Vs Canara Bank
IDBI Capital Vs Axis Direct Punch Trade Vs Axis Direct
IDBI Capital Vs Alice Blue Punch Trade Vs Alice Blue
IDBI Capital Vs 5Paisa Punch Trade Vs 5Paisa
IDBI Capital Vs M.stock Punch Trade Vs M.stock
IDBI Capital Vs WisdomCapital Punch Trade Vs WisdomCapital
IDBI Capital Vs Way2wealth Punch Trade Vs Way2wealth
IDBI Capital Vs Ventura Securities Punch Trade Vs Ventura Securities
IDBI Capital Vs Navia Markets Ltd Punch Trade Vs Navia Markets Ltd
IDBI Capital Vs Tradejini Punch Trade Vs Tradejini
IDBI Capital Vs Tata Securities Punch Trade Vs Tata Securities
IDBI Capital Vs Swastika Investmart Punch Trade Vs Swastika Investmart
IDBI Capital Vs SMC Global Punch Trade Vs SMC Global
IDBI Capital Vs SBICAP Securities Punch Trade Vs SBICAP Securities
IDBI Capital Vs SASOnline Punch Trade Vs SASOnline
IDBI Capital Vs Samco securities Punch Trade Vs Samco securities
IDBI Capital Vs RK Global Punch Trade Vs RK Global
IDBI Capital Vs Reliance Securities Punch Trade Vs Reliance Securities
IDBI Capital Vs Nirmal Bang Punch Trade Vs Nirmal Bang
IDBI Capital Vs Master Trust Capital Punch Trade Vs Master Trust Capital
IDBI Capital Vs Kotak Securities Punch Trade Vs Kotak Securities
IDBI Capital Vs Interactive Brokers Punch Trade Vs Interactive Brokers
IDBI Capital Vs IIFL Securities Punch Trade Vs IIFL Securities
IDBI Capital Vs Dhani Punch Trade Vs Dhani
IDBI Capital Vs HDFC Securities Punch Trade Vs HDFC Securities
IDBI Capital Vs Geojit Punch Trade Vs Geojit
IDBI Capital Vs Fyers Securities Punch Trade Vs Fyers Securities
IDBI Capital Vs Edelweiss Capital Punch Trade Vs Edelweiss Capital
IDBI Capital Vs Easytradez Punch Trade Vs Easytradez
IDBI Capital Vs Rupeezy Punch Trade Vs Rupeezy
IDBI Capital Vs Anand Rathi Punch Trade Vs Anand Rathi
IDBI Capital Vs Aditya Birla Money Punch Trade Vs Aditya Birla Money
IDBI Capital Vs Achiievers Punch Trade Vs Achiievers
IDBI Capital Vs Angel One Punch Trade Vs Angel One
IDBI Capital Vs Motilal Oswal Punch Trade Vs Motilal Oswal
IDBI Capital Vs ICICI Direct Punch Trade Vs ICICI Direct
IDBI Capital Vs Sharekhan Punch Trade Vs Sharekhan
IDBI Capital Vs Groww Punch Trade Vs Groww
IDBI Capital Vs Tradesmart Online Punch Trade Vs Tradesmart Online
IDBI Capital Vs Upstox Punch Trade Vs Upstox
IDBI Capital Vs Zerodha Punch Trade Vs Zerodha

Frequently Asked Questions

Is IDBI Capital better than Punch Trade ?

IDBI Capital 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 IDBI Capital ?

IDBI Capital 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 IDBI Capital cheaper than Punch Trade ?

IDBI Capital 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 IDBI Capital ?

IDBI Capital 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 IDBI Capital vs. Punch Trade ?

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