Sharkhan Stock trading, Demat, Brokerage and Reviews 2018


Sharkhan is a retail trading and investment service from Sharkhan Securities, the largest retail stock broker firm in India

offering a wide range of investment options to the retail and institutional customers. Sharkhan Securities is part of Sharkhan Group, India's top financial service provider offering banking and other financial services. Sharkhan Securities offers 'online trading and investment' services to over 20 lakhs customers through Sharkhan (Sharkhan.com).

Sharkhan.com is the flagship website of Sharkhan Bank. This website offers a complete suite of investment products such as Online Equity trading, Derivatives trading, Mutual Fund & IPO, Fixed Deposit, Bond, NCD, wealth products, Home Loans, Loan against Securities etc.; all under one login. Sharkhan.com is among the most visited investment portals in India.

The 3-in-1 account, which includes Sharkhan Bank Account, Sharkhan trading Account and Sharkhan Demat Account, is the key offering for retail stock market investors in India. It provides extremely simple and efficient way to invest in stock market and other financial instruments. The customers can visit any of the over 1500 Sharkhan Bank branches or Sharkhan offices to get in-person help on financial products which are sold through Sharkhan direct.

Sharkhan also offers timely pay-in and pay-out, hassle free settlements and above all local and personalized service.

Do you trade with Sharkhan?

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

Sharkhan's trading Platforms

Sharkhan offers 2 trading platforms to its customers:

1. Share trading Account (Website Based trading)

Website based online Share trading Account by Sharkhan is primarily for buying and selling of stocks at BSE and NSE. The Sharkhan website allows Cash trading, Margin trading, MarginPLUS trading, Spot trading, Buy Today Sell Tomorcol-md-12, IPO Investment, Mutual Fund Investment etc.

Sharkhan.com website is the primary Investment vehicle of Sharkhan Limited.

2. trade Racer (trading Terminal)

trade Racer is a power packed trading platform which provides an investor with Live streaming quotes & Research Calls, integrated fund transfer system along with multiple watch list facility. Investor can also do technical analysis with the help advance charting tools. Single Order entry page for Equities and Derivatives, Technical Analysis, Integrated Fund transfer System, Customized Interface, Intra-day and EOD Charts and Shortcut keys for faster access to markets are some of the key features of trade Racer Terminal.

trade Racer Subscription Fee (Cost of using Sharkhan trading Terminal)

trade Racer, the installable trading terminal from Sharkhan is free for customers who give a brokerage of more than Rs 750 in a month. For others (if the trade Racer facility is activated by the customer); Sharkhan charges Rs 75 per month towards subscription for trade Racer.

Find info about Sharkhan platform, Sharkhan trading platform, Sharkhan trading software, Sharkhan trading demo, Sharkhan Demo, Sharkhan download, Sharkhan software download, Sharkhan software, Sharkhan stop loss, Sharkhan trading and Sharkhan trading account.

Sharkhan Brokerage Charges 2018

  • trading Account Opening Charges (One Time): Rs 975
  • trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): Rs 100 (for Agreement Stamp Paper)
  • Demat Account Annual Maintenance Charges (AMC): Rs 500 (Rs 0 for 1st year with 3 in 1 Account)

Sharkhan offers 2 types of brokerage plans to its customer:

  1. I-Secure Plan (Flat brokerage Plan)
  2. This plan offers Flat Brokerage (in %) irrespective of turnover value. This plan is suitable for traders / investors looking at secured and fixed brokerage.

  3. I-Saver Plan (Variable brokerage plan)
  4. This plan offers brokerage based on the trading volume i.e. high brokerage for low volume and low brokerage for high volume trades. This plan suitable for traders / investors who trade in high volumes and can benefit from low brokerage.

Sharkhan Other Brokergae Charges

  1. Minimum Brokerage Sharkhan: Sharkhan charges minimum brokerage of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  2. Sharkhan charges flat 5 paisa per share (Rs 0.05) brokerage on stocks priced less then Rs 10 per share.

Useful Articles:

  • The Best 3-in-1 trading Account in India Stock Market - Sharkhan Bank, HDFC Bank, SBI, Kotak Securities etc
  • Know about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)

Get detail about Sharkhan pricing, Sharkhan brokerage calculater, Sharkhan brokerage, Sharkhan plans, Sharkhan brokerage review, Sharkhan brokerage plans, Sharkhan fund transfer, Sharkhan intraday brokerage, Sharkhan charges, Sharkhan charge list, Sharkhan charges calculator, Sharkhan prepaid brokerage plans, Sharkhan yearly charges, Sharkhan fees, Sharkhan yearly maintenance charge, Sharkhan option brokerage and Sharkhan trading charges.

How to open account with Sharkhan Securities Pvt Ltd.?

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

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

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

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

In both the cases Sharkhan 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 Sharkhan broker, Sharkhan branches, Sharkhan sub broker, Sharkhan support, Sharkhan customer care, Sharkhan user reviews, Sharkhan user manual, Sharkhan website, Sharkhan review and Sharkhan toll free number

Sharkhan Pros and Cons

Sharkhan Advantages

  1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from Sharkhan and very well integrated. This feature makes Sharkhan 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 Sharkhan you can manage your own demat and bank accounts through Sharkhan.com. Money from selling stock is available in Sharkhan bank account as soon as the Sharkhan 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 Sharkhan 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.

Sharkhan Disadvantages

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

Sharkhan Complaints received at BSE / NSE:

Number of customer complained against Sharkhan Securities Pvt Ltd. share broker. The Sharkhan Securities Pvt Ltd. consumer complaints provide the summary of grievance which went to exchange for resolution.

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about Sharkhan

  1. Website: http://www.Sharkhan.com

Enquiry Form

Sharkhan Brokerage Charges, Fees, AMC, transaction Charges 2018

Sharkhan is a retail trading and investment service from Sharkhan Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. Sharkhan Securities is part of Sharkhan Group, India's top financial service provider offering banking and other financial services. Sharkhan Securi...Read More

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

Sharkhan Account Opening Fee / Annual Maintenance Charges (AMC)

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

Sharkhan Brokerage Charges 2018

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

Sharkhan Demat Account Charges 2018

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

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

Sharkhan transaction Charges / Turnover Charge

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

Do you trade with Sharkhan? Rate Sharkhan

  1. Website: http://www.Sharkhan.com

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

Sharkhan Broker FAQs 2018

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

Frequently Asked Questions about Sharkhan Trading / Demat Accounts

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

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

  1. Which type of stockbroker Sharkhan is?

    Full Service Broker

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

    Sharkhan offers trading at - BSE, NSE.

  3. How much does Sharkhan charges for account opening?

    Sharkhan charges Rs 975 to open trading account.

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

    NIL

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

    NIL

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

    Rs 600

  7. Is Demat Account Mandatory with trading account at Sharkhan?

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

  8. What are the Sharkhan's brokerage charges for Equity Delivery Trading?

    0.55%

  9. How much does Sharkhan charge for Equity Intraday Trading (Day Trading of Shares)?

    0.275%

  10. What are the Sharkhan's equity futures brokerage charges?

    0.05% to 0.03%

  11. How much does Sharkhan charges for Equity Options Trading in India?

    Rs 95 to Rs 35 per lot

  12. What are Sharkhan's Commodity Brokerage Charges?

    NA

  13. What are Sharkhan Currency Derivatives (Future) Brokerage Charges?

    0.050% to 0.030%

  14. Sharkhan Currency Derivatives (Options) Brokerage Charges?

    Rs 25 to Rs 10 per lot

  15. How much is the Minimum Brokerage charged by Sharkhan?

    Rs 35 per trade

  16. What are Sharkhan's transaction charges for Equity Delivery Trading?

    NSE: 0.0031% | BSE: 0.0028%

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

    NSE: 0.0031% | BSE: 0.0028%

  18. What are the Equity Futures Transaction Charges at Sharkhan?

    0.0018%

  19. Sharkhan transaction charges for Equity Options Trading?

    0.05% on Premium

  20. Sharkhan transaction charges for futures (Currency Derivatives Trading)?

    0.0012%

  21. Sharkhan transaction charges for options (Currency Derivatives Trading)?

    0.05% on Premium

  22. How much is the transaction charge for commodity trading at Sharkhan ?

    NA

  23. Does Sharkhan offer Equity (Share) Trading?

    Yes; you can trade in equity segment with Sharkhan.

  24. Can I buy / apply for an IPO through Sharkhan?

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

  25. Does Sharkhan offer investing in Mutual Funds?

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

  26. Can I buy or trade Bonds and NCD's with Sharkhan?

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

  27. Does Sharkhan offer Commodity Trading?

    No; you can't trade in commodity segment with Sharkhan.

  28. Does Sharkhan offer Currency Derivative Trading?

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

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

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

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

    Yes; 3 in 1 account is available with Sharkhan.

  31. Does Sharkhan offer automated trading (algorithmic trading) for retail investors in India?

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

  32. Does Sharkhan 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 Sharkhan. 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.

  33. Can I place Good Till Cancelled (GTC) orders though Sharkhan? 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 Sharkhan.

  34. Does Sharkhan offer Margin Funding for share / commodity trading?

    No; Margin funding is not available when trading with Sharkhan.

  35. Sharkhan uses which trading platform or trading software?

    Trade Racer

  36. Does Sharkhan offer 24x7 customer service?

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

  37. Does Sharkhan provide customer support though online Chat on website?

    No; Sharkhan doesn't provide customer service through Chat service online.

  38. Does Sharkhan has a toll free phone number for customer support?

    No; Sharkhan doesn't provide toll free number for customer support.

  39. Does Sharkhan offer customer service through local branch offices or broker franchise?

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

  40. Does Sharkhan publish Daily Market Research Reports?

    Yes

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

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

Sharkhan Demat Account Charges / Review / Opening

Incorporated in 1994, Sharkhan Bank is India’s largest private sector bank (2nd largest bank after SBI) offering wide range of financial services though a network of 4,850 Branches located across India. Sharkhan Bank has over $100 billion asset under management.

The 3-in-1 account offers:

  • Investment & trading across all segments.
  • Online and offline access to investments.
  • Online IPO, Mutual Fund, NCD, FDs, Insurance ect.
  • Auto deposit of dividend and bonus shares

Sharkhan Demat Account Key Features:

  • Sharkhan has over 25 lakh demat account customers
  • Offers 100% online demat account.
  • Electronic statement every month.
  • Dividend, interest and bonus deposited directly in the account.
  • SMS alerts for demat transactions
  • Customer services is available through Sharkhan Bank branches
  • Mobile app to manage the account

Sharkhan Demat Acct Opening Fee

To open a new demat account with Sharkhan, 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 Sharkhan Demat Account Opening Charges and Sharkhan AMC as below:

  • Sharkhan DP Account Opening Fee: NIL
  • Sharkhan DP Account AMC>: Rs 600
  • Share Debit Transaction Fee:
  • Is demat account mandatory?: No

Sharkhan Demat Account Transaction Charges

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

Sharkhan Mobile Trading App Review

Sharkhan Mobile App offers the same simplicity and features that its customers experience on Sharkhan.com, the flagship investment and trading platform of Sharkhan Securities Ltd.

Sharkhan 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

Supported Platform / Devices

  • Sharkhan Trading App for iPhone

    Sharkhan Trading app for iOS (Apple iPhone) is available at iTunes for download.

  • Sharkhan App for Android Phone

    Sharkhan Trading app for Android phones is available at Android Play Store for download.

  • Sharkhan App for Windows Phones

    The mobile trading app is available at Windows Apps Store.

Key Features of Sharkhan Mobile App

  • Trade in Equity and F&O
  • IPO Investment
  • Mutual Funds investment
  • Streaming Quotes
  • Customized Watch list
  • Charts
  • Customer Service

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Sharkhan Account Opening

Sharkhan (Sharkhan Securities Ltd) is the largest stock broker in India offering retail trading and investment services. Sharkhan offers 3-in-1 account, the most convenient way to invest in share market in India. The 3-in-1 account is combination of saving bank account, trading account and demat account opened and linked together for seamless transactions between these accounts.

Sharkhan Account Opening

To invest or trade in stock market with Sharkhan bank, you have to open a 3-in-1 account with them. If you already have demat or bank account with Sharkhan Bank, these can be linked to make it 3-in-1 account. Note that with Sharkhan its compulsory to open all 3 accounts with them. You cannot link other bank account or other demat account with Sharkhan trading 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 Sharkhan Bank Saving Account linked with 3-in-1 account.

Sharkhan Open Account - Easy Steps

To open account with Sharkhan, you could follow one of the steps below:

  1. Visit Sharkhan Bank branch in your city to fill in the application for opening an account. Sharkhan Bank has the widest network of branches all around India. Most of the branches of Sharkhan Bank offer Sharkhan 3-in-1 account opening. This is the quickest way to open an account with Sharkhan.
  2. Fill an online registration form on Sharkhan website. Simply choose 'Apply On Line - Resident Account', fill the online application form and submit it. Once submitted, an Sharkhan Bank representative will visit you within 2 working days to complete the other account opening formalities.

Note that while Sharkhan executives says that it usually take 2 to 3 working days for a 3-in-1 account to open once you submit all the forms and supporting documents, in most cases it may take up to 7 working days.

Sharkhan Account Opening Status

Once you submit the account opening form in the Sharkhan Bank branch or filled the application online, you could check the status of account opening online by visiting the 'See Your Application Status Online' on the Customer Service page of Sharkhan.com. You would need 'Application/Form Number' and 'Date of Birth' to check the application status online.

Note that it takes minimum 2 days to update the Sharkhan Bank account opening status.

If you have registered online and didn't get the executive visited your home, you can always visit the local Sharkhan Bank branch or call customer services helpline to prioritize the Sharkhan account opening process.

Sharkhan Account Opening Form

Sharkhan Account Opening Forms are available in Sharkhan Bank branches. You could also call Sharkhan Bank sales helpline to arrange an executive visit to your home and he will bring the forms along with him.

Sharkhan Account Closure

If customer do not do any trades for 6 month, the Sharkhan trading account become "Inactive" or "Dormant" trading account. The account remain on the customer's name and the broker keep charging Annual Maintenance Charges (AMC) on this account. To reactivate the Sharkhan account, customer has to contact Sharkhan Bank.

If customer is not using the Sharkhan trading and demat account, it is recommended to close the account to avoid almost Rs 1000 per year AMC.

Sharkhan customer may close the accounts with Sharkhan Securities at any point of time. Easiest way to close Sharkhan account is to visit the Sharkhan Bank branch and submit an application for Account Closure. Every branch has a sample application which they print and give it to the customer to sign.

Note that after the application is submitted for account closure, it may take up to 2 working days to close the account.

Sharkhan customer can also delink the demat and bank account, if they want so. Once again an application is to be filled and submit in the branch to delink the accounts.

Sharkhan do not charge anything for account closure.

Sharkhan Account Opening Charges

Customer pays account opening fee for trading account opening with Sharkhan. The account opening fees are as below:

  • Sharkhan Account Opening Charges (Trading Acct): Rs 975
  • Sharkhan AMC Charges (Trading Acct): NIL
  • Sharkhan Account Opening Charges (Demat Acct): NIL
  • Sharkhan AMC Charges (Demat Acct): Rs 600

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

Sharkhan Branches

Sharkhan is an online investment website of Sharkhan Securities Ltd, a subsidiary of India’s largest private sector bank, the Sharkhan Bank. Sharkhan offers most of its customer services through its website Sharkhan.com.

They also offer customer service though branches which are located around the country in almost all major cities in India. These branches are also called neighborhood financial superstores by Sharkhan Bank.

Customer could visit and local Sharkhan Bank branch and ask for help related to Sharkhan 3-in-1 account. If the branch doesn’t offer Sharkhan services, they usually direct you to the branch

Customer could visit and local Sharkhan Bank branch and ask for help related to Sharkhan 3-in-1 account. If the branch doesn’t offer Sharkhan services, they usually direct you to the branch

Sharkhan website provide the branch locator under customer service section. This locator can be used to locate the branch nearby you.

Click on the below button to find the nearest Sharkhan around you.

Sharkhan Branch Locator

Using above button you can find out:

  • Sharkhan Branches in Delhi
  • Sharkhan Branches in Bangalore
  • Sharkhan branches in Hyderabad
  • Sharkhan branches in Pune
  • Sharkhan branches in Chennai

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

Sharkhan IPO

Sharkhan, an Sharkhan Securities Ltd investment portal offers IPO's as a key product offering. With Sharkhan.com, customers can apply in Initial Public Offers (IPO) and (Follow-on public offers) FPO at BSE & NSE.

Online IPO Application of Sharkhan Bank is the easiest, fastest and most convenient way to apply for IPO shares.

How to apply for IPO in Sharkhan?

Below are few easy steps to apply in an IPO with Sharkhan:

  1. Login to Sharkhan.com
  2. Go to 'Trade & Invest' >> 'IPO'. This will show the list of IPO's available.
  3. Click 'Go' (in the last column) of the IPO you would like to apply for.
  4. Fill the quantity and price and click 'Submit'.
  5. Confirm the application by accepting the terms & conditions. Click 'Confirm'.
  6. Allocate the required fund and click 'Submit'.
  7. Check the order book for application no. and status.

Once you submit the online IPO form, Sharkhan.com will complete the all the formalities related to submission of your IPO form, using the Power of Attorney issued by you at the time of account opening.

Sharkhan IPO Demo (5 Steps to Apply in IPO)

Apply IPO with Sharkhan in 5 easy step. Follow the screenshots below:

Applying in SME IPO's with Sharkhan

As of Sept 2016, Sharkhan Bank doesn't offer online applications for SME IPO's (IPO's at BSE SME and NSE Emerge exchange).

Sharkhan Customer has to apply in SME IPO's by filling the paper IPO application forms.

Checking IPO application status with Sharkhan

Follow the below simple steps to check the status of you IPO application though Sharkhan:

  1. Login to Sharkhan.com
  2. Go to: Trade & Invest >> IPO >> History >> Order Book
  3. Enter the form date, to data and status (say Executed). Click 'View' button.
  4. Find the application status, number of shares allocated and other related info.
  5. Click on 'transaction id' of an IPO to see the application detail.

Sharkhan IPO Charges

Sharkhan Bank Online IPO Application is free for all its customers having 3-in-1 account. Customer do not pay any fee, charges or taxes to apply for IPO shares.

Note: Customer has to pay brokerage and taxes when they sell the shares allocated to them though IPO. The changes are same as you sell any shares bought directly from the stock market.

Sharkhan is most expensive stock broker in India and there brokerage are highest in the industry. Discount stock brokers like ProStocks charges 60 to 90% less brokerage charge but they do not offer IPO as a product.

Sharkhan IPO Allotment Status

On allotment, the IPO shares are directly credited to your demat account and available for you to sell them on date of list at the respective exchanges.

You can check the IPO Allotment Status on Sharkhan direct website. Please follow the steps below:

  1. Go to http://www.Sharkhan.com
  2. Trade & Invest >> IPO >> History >> Order Book
  3. Enter the form date, to data and status (say Executed). Click 'View' button.
  4. Find the IPO Allotment Status

Note: The IPO allotment status on Sharkhan website is updated only after the shares are transferred to your demat account (usually a day before IPO shares listing). If you would like to check the allotment status earlier, please visit IPO registrar's website.

Sharkhan IPO FAQ's

  1. Is there a specific time of day when I can apply for IPO online using Sharkhan?

    While an IPO is open for bidding, you can place the order for IPO share anytime (24x7) by visiting Sharkhan website.

  2. Can I place IPO order though Call & Trade?

    Yes, Sharkhan customer can place orders to buy & sell shares, apply in IPO, buy mutual funds, trade in Equity F&O over the phone using Sharkhan Bank Call & Trade service. This service is offered free of charge to all its customers for up to 20 calls in a month. After that customer has to pay Rs 25 per call as Call & Trade fee.

  3. Can I withdraw the IPO Application applied online through Sharkhan?

    Yes, you can withdrew an IPO Application while the IPO is still open (bidding is in progress). Simply Follow login to Sharkhan direct website, visit the IPO Order book for placing a withdrawal request.

    After successful processing of your withdrawal request, the money will be unblocked in your bank account.

  4. Once I apply, when will the money be debited from account?

    At Sharkhan.com, application is applied under ASBA and so the money only gets blocked once you apply in the IPO. In case shares gets allotted, the value of shares allotted gets debited and remaining funds if any, gets released/unblocked. This generally happens on the 5th working day post closure of IPO.

  5. When will the money credited back into account in case if don't get allotment?

    At Sharkhan.com, application is applied under ASBA and so the money only gets blocked once you apply in the IPO. In case shares gets allotted, the value of shares allotted gets debited and remaining funds if any, gets released/unblocked. This generally happens on the 5th working day post closure of IPO.

  6. How long does it take for allotment process to get over?

    Post IPO is closed the allotment process gets completed within next 5 working days and on the 6th working day the shares are listed on the exchange.