Mandot Securities vs Sharekhan – Compare Charges, Trading Features, Offers & more

Find a Comparison of Mandot Securities 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 Mandot Securities and Sharekhan.

Background

Year of Incorporation 2014 2000
Website https://www.mandotsecurities.com/ https://www.sharekhan.com/
Phone 0731-6620000 022-41523200
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity 0.1% – 0.2% for Delivery & 0.01% – 0.02% for Intraday 0.03% for Intraday
Equity Futures 0.01% – 0.02% 0.03% of Turnover
Equity Options Rs.10 – Rs. 20 per Lot Rs 20 per lot
Currency Futures 0.01% – 0.02% 0.02% per Transaction Value
Currency Options Rs.10 – Rs. 20 per Lot Rs 5 per lot
Commodity Not Available Rs 20 per lot
Account Opening Costs

Trading only Rs. 299 Free
Trading & Demat Rs. 299 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 0.0002% of Total Turnover 0.00325% of Turnover
Futures 0.0020% of Total Turnover 0.0021% of Turnover
Options 0.0012% of Total Turnover 0.055% of Premium Turnover
Commodities Not Available 0.0027% of Turnover
AMC charge Rs 240 per Annum Rs 400 per year
DP Transaction Charge Zero Rs 30 or 0.03% whichever is higher
Offline order placing Charge Nil Not Available
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 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 2x for Delivery & Upto 6x for Intraday Upto 10x
Equity Futures Upto 3x Upto 2x for Intraday
Equity Options Upto 4x Upto 1x
Currency Futures Upto 4x No Leverage
Currency Options Upto 3x 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 60.42 Lakhs Rs 87.5 Crores
Profit after Tax FY12/13 Rs 62.67 Lakhs Rs 107 Crores
Profit after Tax FY13/14 Rs 65.29 Lakhs Rs 128.90 Crore
Profit after Tax FY 14/15 Rs 67.58 Lakhs Rs 168.52 Crore
Profit after Tax FY 15/16 Rs 69.93 Lakhs Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 72.45 Lakhs Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 75.60 Lakhs Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 77.81 Lakhs Rs 191.48 Crore
Profit after Tax FY 19/20 Rs 82.47 Lakhs Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 79.63 Lakhs Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 82.62 Lakhs Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 85.38 Lakhs Rs 205.86 Crore
Debt FY11/12 Rs 10.27 Lakhs Rs 335.1 Crores
Debt FY12/13 Rs 12.42 Lakhs Rs 335.1 Crores
Debt FY13/14 Rs 12.55 Lakhs Rs 486.64 Crores
Debt FY14/15 Rs 13.72 Lakhs Rs 481.20 Crores
Debt FY15/16 Rs 15.75 Lakhs Rs 376.69 Crores
Debt FY16/17 Rs 18.31 Lakhs Rs 364.87 Crores
Debt FY17/18 Rs 19.24 Lakhs Rs 547.71 Crores
Debt FY18/19 Rs 22.68 Lakhs Rs 434.84 Crores
Debt FY19/20 Rs 25.82 Lakhs Rs 565.48 Crores
Debt FY20/21 Rs 28.33 Lakhs Rs 455.09 Crores
Debt FY21/22 Rs 32.29 Lakhs Rs 453.87 Crores
Debt FY22/23 Rs 32.72 Lakhs Rs 593.90 Crores
Profit to Equity(%) FY11/12 10.21% 19.86
Profit to Equity(%) FY12/13 12.24% 16.04
Profit to Equity(%) FY13/14 10.88% Rs 22.13 Lakh
Profit to Equity(%) FY14/15 12.35% Rs 30.06
Profit to Equity(%) FY15/16 14.69% Rs 31.43
Profit to Equity(%) FY16/17 14.75% Rs 28.83
Profit to Equity(%) FY17/18 15.98% Rs 30.54
Profit to Equity(%) FY18/19 16.45% Rs 31.45
Profit to Equity(%) FY19/20 17.21% Rs 35.79
Profit to Equity(%) FY20/21 18.12% Rs 47.35
Profit to Equity(%) FY21/22 18.78% Rs 39.13
Profit to Equity(%) FY22/23 16.19% Rs 56.92
Balance Sheet Size FY11/12 Rs 349.37 Crores Rs 1689 Crores
Balance Sheet Size FY12/13 Rs 388.74 Crores Rs 1636 Crores
Balance Sheet Size FY13/14 Rs 400.07 Crores Rs 1715.00 Crores
Balance Sheet Size FY14/15 Rs 442.54 Crores Rs 2747.23 Crores
Balance Sheet Size FY15/16 Rs 499.85 Crores Rs 2700.50 Crores
Balance Sheet Size FY16/17 Rs 529.37 Crores Rs 2036.15 Crores
Balance Sheet Size FY17/18 Rs 549.66 Crores Rs 1791.65 Crores
Balance Sheet Size FY18/19 Rs 567.25 Crores Rs 3039.18 Crores
Balance Sheet Size FY19/20 Rs 588.48 Crores Rs 2876.57 Crores
Balance Sheet Size FY20/21 Rs 649.37 Crores Rs 1756.08 Crores
Balance Sheet Size FY21/22 Rs 668.11 Crores Rs 1965.11 Crores
Balance Sheet Size FY22/23 Rs 692.36 Crores Rs 2853.01 Crores

Comparison Link:

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

Frequently Asked Questions

Is Mandot Securities better than Sharekhan ?

Mandot Securities 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 Mandot Securities ?

Mandot Securities 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 Mandot Securities cheaper than Sharekhan ?

Mandot Securities 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 Mandot Securities ?

Mandot Securities 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 Mandot Securities vs. Sharekhan ?

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