SBICAP Securities vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of SBICAP Securities vs Groww 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 SBICAP Securities and Groww.

Background

Year of Incorporation 2001 2017
Website https://www.sbisecurities.in/ https://groww.in/
Phone 1800-209-9345 +91 9108800604
Exchanges enabled NSE & BSE NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity 0.05% for Intraday, 0.5% for Delivery Rs 20 or 0.05% per order
Equity Futures 0.05% of Turnover Rs 20 per executed order
Equity Options Rs 100 per lot Rs 20 per executed order
Currency Futures 0.03% of Turnover Not Available
Currency Options Rs 30 per lot Not Available
Commodity Not Available Not Available
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 850 Rs. 0
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%
Futures 0.0019% 0.0035%
Options 0.05% of Turnover 0.07%
Commodities Not Available 0.004%
AMC charge Rs 350 per year Rs 0
DP Transaction Charge Rs 21 per debit instruction or 0.01% whichever is lower Rs.13.5 per Scrip
Offline order placing Charge NIL Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Upto 5 days on ODIN 22 days
End of Day 5 years on ODIN 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for Intraday, Upto 2 times for Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures No Intraday Leverage Upto 2x for intraday
Equity Options Upto 3x No leverage
Currency Futures No Intraday Leverage Upto 2x for intraday
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 4.03 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 2.42 Crores Rs 78.48 crores
Profit after Tax FY13/14 Rs 8.01 Crores Rs 83.78 Crore
Profit after Tax FY 14/15 Rs 7.21 Crores Rs 95.92 Crore
Profit after Tax FY 15/16 Rs 9.17 Crores Rs 102.85 Crore
Profit after Tax FY 16/17 Rs 11.16 Crores Rs 110.14 Crore
Profit after Tax FY 17/18 Rs 12.81 Crores Rs 126.09 Crore
Profit after Tax FY 18/19 Rs 12.04 Crores Rs 145.68 Crore
Profit after Tax FY 19/20 Rs 11.30 Crores Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 14.09 Crores Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 15.68 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 17.89 Crores Rs 205.65 Crore
Debt FY11/12 Rs 12.46 Lakhs Rs 101 Crores
Debt FY12/13 Rs 14,51 Lakhs Rs 161.5 Crores
Debt FY13/14 Rs 20.1 Lakhs Rs 282.93 Crores
Debt FY14/15 Rs 26.94 Lakh Rs 249.48 Crores
Debt FY15/16 Rs 29.05 Lakh Rs 241.73 Crores
Debt FY16/17 Rs 23.54 Lakh Rs 314.26 Crores
Debt FY17/18 Rs 30.52 Lakh Rs 369.77 Crores
Debt FY18/19 Rs 33.77 Lakh Rs 397.16 Crores
Debt FY19/20 Rs 27.17 Lakh Rs 451.39 Crores
Debt FY20/21 Rs 33.21 Lakh Rs 537.47 Crores
Debt FY21/22 Rs 33.36 Lakh Rs 577.59 Crores
Debt FY22/23 Rs 30.28 Lakh Rs 580.11 Crores
Profit to Equity(%) FY11/12 6.09 12.90%
Profit to Equity(%) FY12/13 6.75 12.38%
Profit to Equity(%) FY13/14 10.72 14.86%
Profit to Equity(%) FY14/15 8.65 17.05%
Profit to Equity(%) FY15/16 12.85 14.29%
Profit to Equity(%) FY16/17 12.87 19.11%
Profit to Equity(%) FY17/18 14.75 21.51%
Profit to Equity(%) FY18/19 12.05 18.17%
Profit to Equity(%) FY19/20 15.18 18.49%
Profit to Equity(%) FY20/21 15.66 28.58%
Profit to Equity(%) FY21/22 17.13 32.31%
Profit to Equity(%) FY22/23 18.68 22.24%
Balance Sheet Size FY11/12 Rs 127.1 Crores Rs 2264 Crores
Balance Sheet Size FY12/13 Rs 172.7 Crores Rs 2596.15 Crores
Balance Sheet Size FY13/14 Rs 189 Crores Rs 2803.40 Crores
Balance Sheet Size FY14/15 Rs 171.25 Crores Rs 2936.36 Crores
Balance Sheet Size FY15/16 Rs 141.00 Crores Rs 3133.57 Crores
Balance Sheet Size FY16/17 Rs 150.18 Crores Rs 3544.52 Crores
Balance Sheet Size FY17/18 Rs 185.99 Crores Rs 3952.01 Crores
Balance Sheet Size FY18/19 Rs 212.22 Crores Rs 4280.32 Crores
Balance Sheet Size FY19/20 Rs 210.76 Crores Rs 4476 Crores
Balance Sheet Size FY20/21 Rs 158.79 Crores Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 211.22 Crores Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 190.16 Crores Rs 5994.78 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, SBICAP Securities or Groww?

SBICAP Securities Securities and Groww 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 SBICAP Securities and Groww offer mobile trading apps?

Yes, both SBICAP Securities Securities and Groww provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Groww and SBICAP Securities?

The account opening charges by brokers SBICAP Securities and Groww for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both SBICAP Securities and Groww are SEBI-registered brokers with good reputations. SBICAP Securities is known for its trading platforms, while Groww is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both SBICAP Securities and Groww offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.