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

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

Background

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

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

Comparison Link:

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Frequently Asked Questions

Is Punch Trade better than IDBI Capital ?

Punch Trade and IDBI Capital 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 better than Punch Trade ?

Punch Trade and IDBI Capital 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 cheaper than IDBI Capital ?

Punch Trade and IDBI Capital 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 IDBI Capital cheaper than Punch Trade ?

Punch Trade and IDBI Capital 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 Punch Trade vs. IDBI Capital ?

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