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

Find a Comparison of IDBI Capital 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 IDBI Capital and Sharekhan.

Background

Year of Incorporation 1993 2000
Website https://trade.idbicapital.com/ https://www.sharekhan.com/
Phone 022-39135001 022-41523200
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerage

Equity 0.08% for Intraday, 0.5% for Delivery 0.03% for Intraday
Equity Futures 0.08% per executed order 0.03% of Turnover
Equity Options Rs 100 per lot Rs 20 per lot
Currency Futures Not Available 0.02% per Transaction Value
Currency Options Not Available Rs 5 per lot
Commodity Not Available Rs 20 per lot
Account Opening Costs

Trading only Rs 500 Free
Trading & Demat Rs 500 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 0.0019% of Turnover 0.0021% of Turnover
Options 0.051% of Premium Turnover 0.055% of Premium Turnover
Commodities Not Available 0.0027% of Turnover
AMC charge Rs 450 Rs 400 per year
DP Transaction Charge Rs 10/debit transaction Rs 30 or 0.03% whichever is higher
Offline order placing Charge NIL Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 years, Extra rental fees for trading software 30 Days
End of Day 5 years, Extra rental fees for trading software 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x Intraday Upto 10x for Intraday & Upto 3x for Delivery
Equity Futures No Leverage Upto 2x for Intraday
Equity Options No Leverage Upto 1x
Currency Futures Not Available No Leverage
Currency Options Not Available 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 26.8 Crores Rs 87.5 Crores
Profit after Tax FY12/13 Rs 24.2 Crores Rs 107 Crores
Profit after Tax FY13/14 Rs 17.4 Crores Rs 128.90 Crore
Profit after Tax FY 14/15 Rs 28.01 Crores Rs 168.52 Crore
Profit after Tax FY 15/16 Rs 21.65 Crores Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 36.67 Crores Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 31.76 Crores Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 31.68 Crores Rs 161.48 Crore
Profit after Tax FY 19/20 Rs 26.53 Crores Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 27.34 Crores Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 36.28 Crores Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 27.52 Crores Rs 205.86 Crore
Debt FY11/12 Rs 14.46 Crores Rs 335.1 Crores
Debt FY12/13 Rs 16.99 Crores Rs 335.1 Crores
Debt FY13/14 Rs 10.30 Crores Rs 486.64 Crores
Debt FY14/15 Rs 11.48 Crores Rs 481.20 Crores
Debt FY15/16 Rs 14.52 Crores Rs 376.69 Crores
Debt FY16/17 Rs 19.01 Crores Rs 364.87 Crores
Debt FY17/18 Rs 20.26 Crores Rs 547.71 Crores
Debt FY18/19 Rs 17.83 Crores Rs 434.84 Crores
Debt FY19/20 Rs 23.93 Crores Rs 565.48 Crores
Debt FY20/21 Rs 18.71 Crores Rs 455.09 Crores
Debt FY21/22 Rs 24.32 Crores Rs 453.87 Crores
Debt FY22/23 Rs 19.41 Crores Rs 593.90 Crores
Profit to Equity(%) FY11/12 9.93 19.86%
Profit to Equity(%) FY12/13 10.47 16.04%
Profit to Equity(%) FY13/14 9.16 22.13%
Profit to Equity(%) FY14/15 10.87 30.06%
Profit to Equity(%) FY15/16 12.27 31.43%
Profit to Equity(%) FY16/17 10.68 28.83%
Profit to Equity(%) FY17/18 12.94 30.54%
Profit to Equity(%) FY18/19 15.11 31.45%
Profit to Equity(%) FY19/20 17.20 35.79%
Profit to Equity(%) FY20/21 14.37 27.35%
Profit to Equity(%) FY21/22 17.61 29.13
Profit to Equity(%) FY22/23 20.92 26.92%
Balance Sheet Size FY11/12 Rs 322 Crores Rs 1589 Crores
Balance Sheet Size FY12/13 Rs 356 Crores Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 343 Crores Rs 1715.00 Crores
Balance Sheet Size FY14/15 Rs 429.89 Crores Rs 1791.65 Crores
Balance Sheet Size FY15/16 Rs 527.83 Crores Rs 2036.15 Crores
Balance Sheet Size FY16/17 Rs 572.00 Crores Rs 2700.50 Crores
Balance Sheet Size FY17/18 Rs 626.89 Crores Rs 2747.23 Crores
Balance Sheet Size FY18/19 Rs 617.23 Crores Rs 2939.18 Crores
Balance Sheet Size FY19/20 Rs 576.57 Crores Rs 3076.57 Crores
Balance Sheet Size FY20/21 Rs 453.96 Crores Rs 3456.08 Crores
Balance Sheet Size FY21/22 Rs 683.25 Crores Rs 3765.11 Crores
Balance Sheet Size FY22/23 Rs 421.93 Crores Rs 3953.01 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, IDBI Capital or Sharekhan?

IDBI Capital Securities and Sharekhan are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do IDBI Capital and Sharekhan offer mobile trading apps?

Yes, both IDBI Capital Securities and Sharekhan provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Sharekhan and IDBI Capital?

The account opening charges by brokers IDBI Capital and Sharekhan for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both IDBI Capital and Sharekhan are SEBI-registered brokers with good reputations. IDBI Capital is known for its trading platforms, while Sharekhan is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both IDBI Capital and Sharekhan offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.