Sharekhan Stock trading, Demat, Brokerage and Reviews 2018

Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has international presence in the UAE and Oman.

Sharekhan offers its services to all kinds of customers including individual investors and traders, corporate, institutional and NRI's. As of Dec 2014, Sharekhan has over 13 lakh customers. Sharekhan offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX. Sharekhan also offer depository services (demat account) and option to invest in mutual funds and IPOs. is the finest investment portal for India stock market. The well designed website provides wide range on investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much more.

Sharekhan also offers 'Sharekhan TradeTiger', one of the most popular trading terminals, for retail investors. The Trade Tiger is quite similar to Broker Terminal and allows frequent traders to place and execute their orders at a high speed. It also provides live data and other tools on the same screen to help the users with their trades.

Sharekhan's 'ShareMobile' platform offers trading facility though mobile application. Mobile apps are available for popular iPhone, iPad, Blackberry, Android and other phones.

Services offered by Sharekhan include trading in equity, F&O and Commodity and investment in IPO's, Mutual Funds, Insurance, Bonds and NCD's. Company also provide Sharekhan Demat Account and registered as a depository participant with NSD and CDS.

Sharekhan offers verity of accounts to suite customer requirement. These accounts include Sharekhan First Step Account, Sharekhan Classic Account, Sharekhan Trade Tiger Account and Portfolio Mgmt Services (PMS) though Sharekhan Platinum Circle Account.

Sharekhan has its own research teams which regularly publishes investment advice, stock tips, quarterly company result analysis and news alerts to its customer though email, SMS and on Sharekhan has an excellent knowledge center on its website to help stock and commodity market investors of all kind. It also offers free online and classroom seminars / workshops to investors. Each Sharekhan Accounts comes with online and in-person help from Sharekhan representative.

Do you trade with Sharkhan?

Information about Sharekhan account opening, Sharekhan open account, Sharekhan opening charges, Sharekhan account opening charges, Sharekhan account opening status, Sharekhan amc charges, Sharekhan account charges, Sharekhan account closure

Account Types

1. Classic account

Allow investor to buy and sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.

  1. Online trading account for investing in Equities and Derivatives
  2. Free trading through Phone (Dial-n-Trade)
    1. Two dedicated numbers for placing your orders with your cellphone or landline.
    2. Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers)
    3. Simple and Secure Interactive Voice Response based system for authentication
    4. get the trusted, professional advice of our telebrokers
    5. After hours order placement facility between 8.00 am and 9.30 am
  3. Integration of: Online trading + Bank + Demat account
  4. Instant cash transfer facility against purchase & sale of shares
  5. IPO investments
  6. Instant order and trade confirmations by e-mail
  7. Single screen interface for cash and derivatives

2. TradeTiger account

This is a net based executable application for active traders who trade frequently during the day's trading session. Following are few popular features of Trade Tiger account.

  1. A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX
  2. Multiple Market Watch available on Single Screen
  3. Hot keys similar to a traditional broker terminal
  4. Tie-up with 12 banks for online transfer of funds
  5. Different tools available to gauge market such as Tick Query, Ticker, Market Summary, Action Watch, Option Premium Calculator, Span Calculator
  6. Graph Studies are available including Average, Band- Bollinger, Know SureThing, MACD, RSI, etc

Sharekhan Brokerage Charges 2018

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account)- charges fully adjusted against first 6 months brokerage.
  • Trading Annual maintenance charges (AMC): Nil
  • Demat Account Opening Charges (One Time): Included in trading account opening charges
  • Demat Account Annual Maintenance Charges (AMC): Rs 400 (Free for 1st year with trading account.)

Sharekhan Trading Brokerages Charges:

  • Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
  • Delivery Based Trades: 0.5% or 10 paise per share or Rs 16 per scrip whichever is higher.
  • F&O Trades: 0.1% on the first leg and 0.02% on the second leg if squared off on the same day and 0.1% if squared off on any other day.
  • Options Trades: Rs 100 per contract or 2.5% on the premium (whichever is higher).
  • Currency Future: 0.1%.
  • Currency Options: Rs 30 per lot or 2.5% on premium (whichever is higher).
  • Commodity: 0.1%.

Sharekhan Minimum Brokerage Fee:

  1. For Intra-day Trades: Sharekhan charges minimum brokerage of 5 paise per share. This means that while doing intraday trading if the share price you trade in is Rs 50 or less, a minimum brokerage of 5 paise per share will be charged.

  2. For Delivery Based Trades: Sharekhan charges minimum brokerage fee of 10 paise per share. This means; for delivery based trades minmum brokerage of 10 paise per share is charged when the share price is Rs 20 or less.

  3. Minimum DP charges: DP charges of Rs 16 per scrip is charged when the total traded value is Rs 3200 or less in case of sell transaction.

Sharekhan Post Paid Plans

Sharekhan offers following post paid plans. To get the offer customer has to deposit the margin money with Sharekhan based the plan they choose. The brokerage reduces as the margin money is high.

Sharekhan Pros and Cons

Sharekhan Advantages

  1. Sharekhan offers different trading platform to suite customer requirement. This includes online browser based trading, Installable terminal, mobile, call n trade and in-person trade though branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas are available with them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from bank account and Funds Pay-out to bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the dp account is free.
  6. Sharekhan has India-wide network of branches. You can find surly find a Sharekhan in your neighborhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposit as collateral for future and option trading.

Sharekhan Disadvantages

  1. Sharekhan doesn't offer 3-in-1 account as they don't provide banking services.
  2. They brokerage charges are % based which are higher in comparison to flat fee brokers.
  3. They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below 20 rs. (If you trade, you will loose majority of your money in brokerage).
  4. Facility to place orders after trading hours is not available.
  5. Classic account holders cannot trade commodities.

How to open account with Sharekhan Securities Pvt Ltd.?

For Online Stock trading with Sharkhan, investor needs to open 3 accounts: Sharekhan Bank Account, Sharekhan trading Account and Sharekhan Demat Account (DP Account).

Note: If you already have a bank account or demat account with Sharkhan, you could link it with new Sharekhan trading account.

Opening trading account with Sharekhan is easy. You could use one of the following options to open account with Sharkhan.

  • Visit and fill the "Open an Account" form.
  • Call Sharekhan and tell them that you are interested in opening an account with them.

In both the cases Sharekhan representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for demo if required.

Get information about Sharekhan broker, Sharekhan branches, Sharekhan sub broker, Sharekhan support, Sharekhan customer care, Sharekhan user reviews, Sharekhan user manual, Sharekhan website, Sharekhan review and Sharekhan toll free number

Sharekhan Pros and Cons

Sharekhan Advantages

  1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from Sharekhan and very well integrated. This feature makes Sharekhan the most interesting player in online trading facility. There is absolutely no manual interfere require. This is truly online trading environment.
  2. Unlike most of the online trading companies in India which require transferring money to the broker's pool or towards deposits, at Sharekhan you can manage your own demat and bank accounts through Money from selling stock is available in Sharekhan bank account as soon as the Sharekhan receive it.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from one website. General Insurance is also available from Sharekhan Lombard.
  4. trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
  6. Through myGTC feature, you can place buy and sell limit orders in equity scripts of your choice; specifying the period for which you want the order instruction to be valid.

Sharekhan Disadvantages

  1. Sharekhan brokerage is high and not negotiable.
  2. Sharekhan doesn't offer commodity trading. With Sharekhan trading account you cannot trade at MCX or NCDEX.
  3. With e-Invest account(3-IN-1 concept), the Demat Account has to be opened with Sharekhan Bank Ltd as the Depository Participant (DP) and the Bank Account has to be opened with Sharekhan Bank Ltd. as the Banker.
  4. Sharekhan minimum brokerage charge is Rs 35 per trade which is very high for traders who does small trades.
  5. Sharekhan Charges Rs 75 per month fee for using trading Terminal (trade Racer) if customer pays brokerage of less then Rs 750 per month.
  6. Sharekhan charges flat Rs 0.05 per share brokerage on stocks quoting upto Rs 10. This makes it very difficult to trade in penny stocks.
  7. Sharekhan charges Rs 25 per call for call & trade after first 20 free calls in a month.

Useful links about Sharekhan

  1. Contact Sharekhan For Trading & Demat Account

Enquiry Form

Sharekhan Brokerage Charges, Fees, AMC, transaction Charges 2018

Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years ..Read More

Sharekhan offers stock trading account and demat account services. Customer pays the fees, commission and taxes while trading with Sharekhan. Sharekhan fee structure and trading commission rates are explained as below.

Sharekhan Account Opening Fee / Annual Maintenance Charges (AMC)

To open Sharekhan account you have to pay account opening charges and annual maintenance charges (AMC).

Sharekhan Brokerage Charges 2018

Customer pays commission (brokerage) when buying or selling stocks through Sharekhan. The brokerage charges for equity, commodities and currency derivative trading for Sharekhan are explain as below.

Sharekhan Demat Account Charges 2018

The demat account transactions are charged separately from trading commission. Find Sharekhan demat account charges 2018.

All information about Sharekhan demat account, Sharekhan demat account review, Sharekhan demat account charges, Sharekhan demat account opening, Sharekhan dp charges, Sharekhan demat charges and Sharekhan dp id

Sharekhan transaction Charges / Turnover Charge

A combination of Exchange Turnover Charge and trade Clearing Charge. Know more about transaction Charges.

Find information about Sharekhan account opening, Sharekhan open account, Sharekhan opening charges, Sharekhan account opening charges, Sharekhan account opening status, Sharekhan amc charges, Sharekhan account charges and Sharekhan account closure.

Sharekhan Broker FAQs 2018

Sharekhan is a retail trading and investment service from Sharekhan Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. Sharekhan Securities is part of Sharekhan Group...Read More

Frequently Asked Questions about Sharekhan Trading / Demat Accounts

Do you have questions about Sharekhan share trading account or Sharekhan demat account?

Get all your share trading doubts and questions answered by reading the Sharekhan demat, trading account information FAQ. All Sharekhan questions, Sharekhan q&a, Sharekhan faq and Sharekhan questions and answers.

Frequently Asked Questions about Sharekhan Trading / Demat Accounts

Do you have questions about Sharekhan share trading account or Sharekhan demat account?

Get all your share trading doubts and questions answered by reading the Sharekhan demat, trading account information FAQ. All Sharekhan questions, Sharekhan q&a, Sharekhan faq and Sharekhan questions and answers.

  1. Which type of stockbroker Sharekhan is?

    Full Service Broker

  2. In which stock or commodity exchanges in India I can trade through Sharekhan?

    Sharekhan offers trading at - BSE, NSE, MCX, NCDEX, NSEL.

  3. How much does Sharekhan charges for account opening?

    Sharekhan charges Rs 750 (adjusted against first 6 months brokerage) to open trading account.

  4. Is there an Annual Maintenance Charge for Sharekhan trading account? How much is the Sharekhan's AMC for trading account?

    Rs 0

  5. How much does Sharekhan charges for Demat Account opening?

    Rs 0

  6. How much is the yearly Demat Account Maintenance Charges with Sharekhan?

    Rs 400

  7. Need Help? Ask your question...
  8. Is Demat Account Mandatory with trading account at Sharekhan?

    Yes, Demat Account is mandatory when opening trading account with Sharekhan.

  9. What are the Sharekhan's brokerage charges for Equity Delivery Trading?


  10. How much does Sharekhan charge for Equity Intraday Trading (Day Trading of Shares)?


  11. What are the Sharekhan's equity futures brokerage charges?


  12. How much does Sharekhan charges for Equity Options Trading in India?

    Rs 100 per lot

  13. What are Sharekhan's Commodity Brokerage Charges?


  14. What are Sharekhan Currency Derivatives (Future) Brokerage Charges?


  15. Sharekhan Currency Derivatives (Options) Brokerage Charges?

    Rs 30 per lot

  16. How much is the Minimum Brokerage charged by Sharekhan?

    Rs 16 per scrip

  17. What are Sharekhan's transaction charges for Equity Delivery Trading?

    NSE ?325 | BSE ?275

  18. What are 's transaction charges for Equity Intraday Trading (stock day trading)?

    NSE ?325 | BSE ?275

  19. What are the Equity Futures Transaction Charges at Sharekhan?

    NSE ?190 | BSE ?50

  20. Sharekhan transaction charges for Equity Options Trading?

    NSE ?5000 | BSE ?50

  21. Sharekhan transaction charges for futures (Currency Derivatives Trading)?

    NSE ?135 | MCX ?130

  22. Sharekhan transaction charges for options (Currency Derivatives Trading)?

    NSE ?4220 | MCX ?3220

  23. How much is the transaction charge for commodity trading at Sharekhan ?

    MCX (Non-Agri) ?230 | MCX (Agri) ?95

  24. Does Sharekhan offer Equity (Share) Trading?

    Yes; you can trade in equity segment with Sharekhan.

  25. Can I buy / apply for an IPO through Sharekhan?

    Yes; you can apply in IPO's if you have trading account with Sharekhan.

  26. Does Sharekhan offer investing in Mutual Funds?

    Yes; you can buy / sell Mutual Fund's if you have trading account with Sharekhan.

  27. Can I buy or trade Bonds and NCD's with Sharekhan?

    Yes; you can trade in bonds and NCD's with Sharekhan.

  28. Does Sharekhan offer Commodity Trading?

    Yes; you can trade in commodity segment with Sharekhan.

  29. Does Sharekhan offer Currency Derivative Trading?

    Yes; you can trade in currency derivative segment with Sharekhan.

  30. Does Sharekhan stock broking company provide mobile trading application? Can I trade through mobile phones with Sharekhan?

    Yes; cell phone apps are available to trade on phone with Sharekhan.

  31. Can I open 3-in-1 account with Sharekhan? Account which include share trading account, demat account and a linked bank account for seamless transitions.

    No; 3 in 1 accounts is not available with Sharekhan.

  32. Does Sharekhan offer automated trading (algorithmic trading) for retail investors in India?

    No; Sharekhan doesn't offer automated trading to its retail trading customers.

  33. Does Sharekhan offer After Trading Hours Order or After Market Order (AMO) or Off Market Orders? Can I place orders after trading hours; the orders which gets executed when market opens next time? Can I place an order when the market is closed?

    Yes; you can place 'After Trading Hours' Order with Sharekhan. The After Hour Sessions enable you to place orders even when the market is closed. The timings of the After Hour Order varies by broker to broker. Most brokers allows to place the AMO orders between 3:30 PM to 9:00 AM on trading day and 24 hrs on non trading day (weekends or trading holidays).

    Note: After hour facility for order placement may not be available certain segments. Please check with the broker for more detail about this service.

  34. Can I place Good Till Cancelled (GTC) orders though Sharekhan? With Good Till Cancelled trading orders; order remains in the system until you cancels it or they gets executed.

    Yes; you can place GTC Orders with Sharekhan.

  35. Does Sharekhan back-office provide combined ledger for Equity and Commodity?

    No; combined ledger for Equity and Commodity is not available when trading with Sharekhan.

  36. Sharekhan uses which trading platform or trading software?


  37. What is the Intraday Square-off Time for Intraday Trading in Equity segment at Sharekhan?

    3:30 PM

  38. Does Sharekhan offer 24x7 customer service?

    No; Sharekhan doesn't provide 24x7 customer service.

  39. Does Sharekhan provide customer support though online Chat on website?

    Yes; Sharekhan provide customer service through Chat service online.

  40. Does Sharekhan has a toll free phone number for customer support?

    Yes; Sharekhan provide toll free number for customer support.

  41. Does Sharekhan offer customer service through local branch offices or broker franchise?

    Yes; Sharekhan offers customer service through local branch offices, local partners and franchises.

  42. Does Sharekhan publish Daily Market Research Reports?


  43. Does Sharekhan provide any Stock/Commodity trading tips or investment strategies to its customers?

    Yes' Sharekhan provide free tips for stock and commodity trading to its customers.

Sharekhan Demat Account Charges / Review / Opening

Incorporated in 2005, Sharekhan is among the top share brokers in India offering trading and investment services to retail and corporate customers. Sharekhan offers online trading as well as offline services though its branches located across India.

Sharekhan offers 2-in-1 account which includes a trading account and a demat account. Sharekhan offers prepaid and postpaid trading brokerage plans for wide range of investors and traders.

Sharekhan Demat Account Key Features:

  • Online account management
  • Online transfer of securities
  • Ability to manager account by visiting local branches
  • Seamless transaction between trading and demat account
  • Auto deposit of dividends in linked bank account
  • Ability to link 5 demat account to trading account
  • Sharekhan Demat Account Key Features:

Sharekhan Demat Acct Opening Fee

To open a new demat account with Sharekhan, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the Sharekhan Demat Account Opening Charges and Sharekhan AMC as below:

  • Sharekhan DP Account Opening Fee: Rs 0
  • Sharekhan DP Account AMC: Rs 400
  • Share Debit Transaction Fee:
  • Is demat account mandatory?: No

Sharekhan Demat Account Transaction Charges

Sharekhan Demat Account Transaction Charges

Information about Sharekhan demat account, Sharekhan demat account review, Sharekhan demat account charges, Sharekhan demat account opening, Sharekhan dp charges, Sharekhan demat charges, and Sharekhan dp id.

About Sharekhan

Sharekhan, an online trading brand of Sharekhan ltd (SKL) is the 3nd largest and among most popular traditional stock broker in India, also known as brick and mortar brokerage firm.

Sharekhan main business is retail share broking in equity, commodity and currency segments with small presence in the portfolio management services, arbitrage trading and in the distribution of mutual fund products. Equity broking income accounted for 60% of the total revenues of the company as per FY15.

Sharekhan booked net profit after tax of Rs. 152.20 Crores on a Total Operating Income of Rs. 409 Crores in FY15 as compared to a net profit of Rs. 83.80 Crores on a total operating income of Rs. 274 Crores in FY14.

In early 2016, SKL was acquired by BNP Paribas S.A. (France) with the bank took 100% stake in the firm.

Sharekhan Official Mobile Trading App - ShareMobile

ShareMobile, a mobile trading app from Sharekhan offers trade anytime, anywhere and in any segment. The well designed trading app offers trading at BSE, NSE, MCX and NCDEX. Sharekhan customers can download and use this mobile trading app to trade in equity, equity F&O, Currency F&O and Commodities.

The ShareMobile App is available for free of charge to all its online customers.

Supported Platform / Devices for Sharekhan Trading App

The mobile app of Sharekhan is available for android and iOS smart phone devices.

  1. Sharekhan App for Android Phone

    Sharekhan app for Android phones is available at Android Play Store for download.

  2. Sharekhan Trading App for iPhone

    Sharekhan app for iOS (Apple iPhone) is available at iTunes store for download.

Sharekhan Mobile Trading application allows customers to:

  • Trade online (in equity and equity F&O) and invest in Mutual Funds.
  • Apply for IPO shares.
  • View live stock quotes, market watch, equity portfolio, Equity F&O) portfolio, Charts, your networth etc.
  • Get customer service.
  • Get alerts and research calls on real-time basis

10 Features of Sharekhan Mobile App

The Sharekhan mobile app offers:

  1. Online Trading on Mobile Devices (smartphone, Tablets, iPAD).
    • Trading in Equity Cash (Delivery)
    • Trading in Equity Derivatives (F&O)
    • Trading in Currency Derivatives (F&O)
    • Trading in Commodities at MCX and NCDEX
  2. Order Book to Track Orders
  3. View Demat Account Holdings
  4. Online Fund Transfer
  5. Live Streaming Quotes & Charts
  6. Live Reports
  7. Live Market Info and Market Watch
  8. Live Market News & Alerts
  9. Intraday Tick by Tick Charts
  10. Manager Account / Profile

Sharekhan Mobile Trading FAQ

  1. My phone is not supported by Sharekhan Mobile App. Can I still trade using mobile with Sharekhan?

    Yes. Sharekhan also provide a lightweight trading website designed to be used on mobile internet browser. This website works irrespective to your phone version or operating system. Any phone with a web browser can be used to trading online using this website.

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Sharekhan Account Opening

Sharekhan is 3rd largest stock broker in India offering brokerage services to retail and institutional customers. Sharekhan has wide network of branches, sub brokers and franchisee across the nation. Despite relatively higher brokerage charges, Sharekhan is the most popular broker among retail investor because of its personalized customer service through local offices, investors education programs and high quality trading platform.

Sharekhan offers 2-in-1 account (trading + demat account). The demat account is not mandatory with Sharekhan for investors who trade in only in derivatives segment (F&O).

Sharekhan has attractive prepaid trading plans for high volume customer which reduces brokerage fee significantly as you trade more.

Sharekhan Account Opening

You need a trading account with Sharekhan to trade in equity, commodity or currency. If you are planning to invest in equity (hold the shares you are buying for few days or month), then you also have open a Sharekhan Demat account.

Once you open trading account with Sharkhan, you could invest in Equity, IPO, Mutual Funds, Derivative Products (Equity F&O and Currency F&O), Systematic Investment Plans (SIP), Fixed Deposits, NCDs etc.

Note minimum balance of Rs 5000 (Monthly Average Balance) has to be maintained in Sharekhan Bank Saving Account linked with 3-in-1 account.

Account opening with Sharekhan is the easiest in the industry. They have local offices (branch, sub-brokers and franchisee) in the neighborhood of most of the prospectus customers in India.

Open an Account in Sharekhan - 2 Easy Ways

To open an account in Sharekhan, an stock market investor or trader can follow below 2 easy ways:

  1. Request a Call Back - Online Visit Sharekhan website and click on 'Open an Account' button. On the right side of the page, provide your contact information. Sharekhan sales advisor would contact you within few hours and arrange a personal visit of local sales representative to your home or office. You could also ask for a detailed demo of Sharekhan offerings and trading platform.
  2. Visit Local Branch or Sub-broker Office Find the local branch or office of a sharekhan sub-broker and give them a phone call. They will arrange a personal visit to open an account for you. They will also provide a detail demo of the products they offer.

Sharekhan Account Opening Specials

Sharekhan has a special offer for visitors using which you can open an Online Trading + Demat Account for FREE (zero account opening charges).

Sharekhan also adjust the AMC charges with against brokerage which reduces the cost further

Sharekhan Account Opening Status

To check the account opening status, please call your sales representative who helped you with filling the form or visit local Sharekhan branch.

Sharekhan Account Opening Forms

Sharekhan demat account opening form pdfs are not available online. Please contact the sales advisor of Sharekhan or visit local branch to get the account opening forms.

Sharekhan Account Closure Procedure

Sharekhan customers pays an annual maintenance fee of Rs 400 + taxes each year. If you are no more need the account or moved to another broker, it is recommended to avoid these charges by closing the Sharekhan account.

Please Note:

  • The AMC amount keep getting accumulated every year with additional interest charged on it if you do not pay.
  • Sharekhan doesn't accept or process your demat account closure request until all dues are clear.
  • Phone calls or email are not entertained for account closure. Personal visit to Sharekhan office is required in almost all cases.

To close account with Sharekhan, customer has to visit nearby Sharekhan branch, clear all dues, return back all unused offline demat transaction slips and fill the account closure form. Make sure to keep a copy of your account closure request as 100's of customer every year complaint that they have submitted the request but continue getting charged AMC as account years after.

Information about Sharekhan account opening, Sharekhan open account, Sharekhan opening charges, Sharekhan account opening charges, Sharekhan account opening status, Sharekhan amc charges, Sharekhan account charges and Sharekhan account closure.

It takes 7 working days for Sharekhan to process the account closure request. Customer receive a confirmation letter within 15 days.

It's very important for customer to get a confirmation of the account closure to avoid surprises later. If you do not receive any information in 15 days, contact the local branch where you submitted the closure request.

About Sharekhan Company

Incorporated in year 2000, Sharekhan is Mumbai based 3rd largest stock broker in India offering investment services to retail and institutional customers. Sharekhan offers product and services including Equities, Derivatives, Commodities, Currency, Portfolio Management Services (PMS), Mutual Funds & IPOs, Advisory Services, Adviseline and Systematic Investment Plan (SIP)

As of FY 2015-16, Sharekhan had 7% of market share and over 12 lakh customers.

Sharekhan Branches

Sharekhan has a network branches and franchise offices in over 575 cities across India and UAE. Sharekhan also has 34 Online Trading Academy centres to guide retail investors.

As of Dec 2015; Sharekhan had:

  • Number of Sharekhan Branches: 153
  • Number of Sharekhan Franchisee: 2,229
  • Number of Sharekhan Retail Customers: 13 Lakh

Sharekhan branches and franchisee covers almost every corner of India ranging from metro cities to small towns.

Sharekhan Branch Locator / Sharekhan Franchisee Locator

To find Sharekhan branch or franchisee office in your neighborhood; visit 'Contact us' section of the Sharekhan website.

In Sharekhan Branch Locator section on the website, the local offices are categorized by state and city.

    You can use the branch finder for:
  • Sharekhan branches in Mumabi
  • Sharekhan branches in India
  • Sharekhan branches in Hyderabad
  • Sharekhan branch in Pune
  • Sharekhan branches in Chennai

Information about Sharekhan broker, Sharekhan branches, Sharekhan sub broker, Sharekhan support, Sharekhan customer care, Sharekhan user reviews, Sharekhan user manual, Sharekhan website, Sharekhan review, Sharekhan toll free number and Sharekhan complaints.

Sharekhan IPO

Sharekhan, India's 3rd most popular stock broker, offer online IPO's to its customers. The process of applying in Initial Public offers with sharekhan is 100% online, extremely simple and quick. Sharekhan customer doesn't have to fill the paper forms or sign them to apply for shares offered though IPO's at BSE and NSE.

Sharekhan IPO application process comprises 3 easy steps:

  1. Choose the IPO.
  2. Specify the quantity of shares to apply.
  3. Provide the price at which you would like to buy the IPO shares.

That's it. Everything else is taken care by the company on your behalf.

Key Features of Sharekhan IPO Online

  • No paper work. 100% online process.
  • Convenient way to transfer money from your linked back account to IPO account.
  • Refund comes to customers IPO account which can easily be transferred back to back account.
  • Online modification or cancellation of IPO application while the IPO is open.
  • Order history page provides detail of all IPO's customers applied in past.

How to apply for IPO in Sharekhan?

Sharekhan customer can follow below east steps to apply for shares in an IPO. After login to Sharekhan trading website go to the IPO Home section and follow the steps.

  • Fund Transfer You need to first transfer funds from your personal bank account to your Sharekhan IPO pool account using the payment gateway service.
  • Apply IPO Once you successfully transfer the funds, check on Apply IPO. This will list all fixed and book building open IPOs. Select your choice of company and submit your order.
  • Order Book Once order is submitted, it can be tracked though order book.

Applying in SME IPO's with Sharekhan

Sharekhan doesn't offer online IPO application for SME IPOs. Sharekhan customer has to apply for BSE SME or NSE Emerge IPO using the paper forms.

Sharekhan IPO Charges

Sharekhan doesn't charge any fee for applying for IPO shares through Sharekhan Online IPO platform.

Customer still have to pay the brokerage when they sell the shares allocated though IPO.

Sharekhan IPO FAQ's

  1. Can I use my stock trading account funds to invest in IPO with Sharekhan?
  2. No, you cannot utilize your trading account allocated funds for IPO. But you could transfer fund between trading account and IPO account.

  3. Can I modify or cancel the IPO order placed online with Sharekhan?
  4. Yes, while the bidding is open for the IPO shares, customer can modify or cancel the IPO application placed online.

Information about Sharekhan Initial Public Offer, Sharekhan IPO, Sharekhan Allotment Status, Sharekhan Applciation Status, Sharekhan ASBA, Sharekhan Apply IPO andSharekhan Demat.