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

Find a Comparison of Punch Trade 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 Punch Trade and Sharekhan.

Background

Year of Incorporation 2016 2000
Website https://www.punch.trade/ https://www.sharekhan.com/
Phone +91-7948222271 022-41523200
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL & CDSL
Brokerage

Equity Rs 20 or 0.03% per executed order 0.03% for Intraday
Equity Futures Rs 20 per executed order 0.03% of Turnover
Equity Options Rs 20 per executed order Rs 20 per lot
Currency Futures Rs 20 per executed order 0.02% per Transaction Value
Currency Options Rs 20 per executed order Rs 5 per lot
Commodity Rs 20 per executed order Rs 20 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 400
Commodity Free 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 0.05% of Turnover 0.055% of Premium Turnover
Commodities 0.03% of Turnover 0.0027% of Turnover
AMC charge Rs 300 per annum Rs 400 per year
DP Transaction Charge Rs 25 per Debit Transaction Rs 30 or 0.03% whichever is higher
Offline order placing Charge Rs 20 per executed order 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 1x on Delivery & upto 5x on Intraday Upto 10x
Equity Futures 2x for intraday Upto 2x for Intraday
Equity Options Upto 2x for Intraday Upto 1x
Currency Futures Upto 2x for intraday No Leverage
Currency Options Upto 2x for Intraday No Leverage
Commodity Upto 2x for Intraday 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 Not Available Rs 87.5 Crores
Profit after Tax FY12/13 Not Available Rs 107 Crores
Profit after Tax FY13/14 Not Available Rs 128.90 Crore
Profit after Tax FY 14/15 Not Available Rs 168.52 Crore
Profit after Tax FY 15/16 Not Available Rs 161.82 Crore
Profit after Tax FY 16/17 Rs 17 Lakhs Rs 121.89 Crore
Profit after Tax FY 17/18 Rs 27 Lakhs Rs 113.87 Crore
Profit after Tax FY 18/19 Rs 35 Lakhs Rs 191.48 Crore
Profit after Tax FY 19/20 Rs 42 Lakhs Rs 111.55 Crore
Profit after Tax FY 20/21 Rs 46 Lakhs Rs 131.23 Crore
Profit after Tax FY 21/22 Rs 61 Lakhs Rs 174.09 Crore
Profit after Tax FY 22/23 Rs 75 Lakhs Rs 205.86 Crore
Debt FY11/12 Not Available Rs 335.1 Crores
Debt FY12/13 Not Available Rs 335.1 Crores
Debt FY13/14 Not Available Rs 486.64 Crores
Debt FY14/15 Not Available Rs 481.20 Crores
Debt FY15/16 Not Available Rs 376.69 Crores
Debt FY16/17 Rs 12.22 Lakhs Rs 364.87 Crores
Debt FY17/18 Rs 18.64 Lakhs Rs 547.71 Crores
Debt FY18/19 Rs 26.79 Lakhs Rs 434.84 Crores
Debt FY19/20 Rs 33.82 Lakhs Rs 565.48 Crores
Debt FY20/21 Rs 39.47 Lakhs Rs 455.09 Crores
Debt FY21/22 Rs 48.58 Lakhs Rs 453.87 Crores
Debt FY22/23 Rs 52.22 Lakhs Rs 593.90 Crores
Profit to Equity(%) FY11/12 Not Available 19.86
Profit to Equity(%) FY12/13 Not Available 16.04
Profit to Equity(%) FY13/14 Not Available Rs 22.13 Lakh
Profit to Equity(%) FY14/15 Not Available Rs 30.06
Profit to Equity(%) FY15/16 Not Available Rs 31.43
Profit to Equity(%) FY16/17 6.49% Rs 28.83
Profit to Equity(%) FY17/18 7.22% Rs 30.54
Profit to Equity(%) FY18/19 8.53% Rs 31.45
Profit to Equity(%) FY19/20 8.09% Rs 35.79
Profit to Equity(%) FY20/21 10.46% Rs 47.35
Profit to Equity(%) FY21/22 11.35% Rs 39.13
Profit to Equity(%) FY22/23 14.95% Rs 56.92
Balance Sheet Size FY11/12 Not Available Rs 1689 Crores
Balance Sheet Size FY12/13 Not Available Rs 1636 Crores
Balance Sheet Size FY13/14 Not Available Rs 1715.00 Crores
Balance Sheet Size FY14/15 Not Available Rs 2747.23 Crores
Balance Sheet Size FY15/16 Not Available Rs 2700.50 Crores
Balance Sheet Size FY16/17 Rs 155 Lakhs Rs 2036.15 Crores
Balance Sheet Size FY17/18 Rs 170 Lakhs Rs 1791.65 Crores
Balance Sheet Size FY18/19 Rs 173 Lakhs Rs 3039.18 Crores
Balance Sheet Size FY19/20 Rs 188 Lakhs Rs 2876.57 Crores
Balance Sheet Size FY20/21 Rs 195 Lakhs Rs 1756.08 Crores
Balance Sheet Size FY21/22 Rs 205 Lakhs Rs 1965.11 Crores
Balance Sheet Size FY22/23 Rs 225 Lakhs Rs 2853.01 Crores

Comparison Link:

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Frequently Asked Questions

Is Punch Trade better than Sharekhan ?

Punch Trade 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 Punch Trade ?

Punch Trade 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 Punch Trade cheaper than Sharekhan ?

Punch Trade 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 Punch Trade ?

Punch Trade 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 Punch Trade vs. Sharekhan ?

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