Choice Broking Charges for Mercantile Ventures Limited
NSE: MERCANTILE · Last Close: ₹22.98 · Sector: EQ
Exact Delivery Cost by Order Quantity (Roundtrip)
| Quantity | Trade Value | Brokerage | STT (0.1%) | Exch+SEBI | Stamp Duty | GST (18%) | DP Fee | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|---|
| 1 share | ₹22.98 | ₹0.09 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.02 | ₹21.24 | ₹21.41 | +21.41 (93.17%) |
| 10 shares | ₹229.80 | ₹0.92 | ₹0.46 | ₹0.02 | ₹0.03 | ₹0.17 | ₹21.24 | ₹22.84 | +2.28 (9.92%) |
| 50 shares | ₹1,149.00 | ₹4.60 | ₹2.30 | ₹0.08 | ₹0.17 | ₹0.84 | ₹21.24 | ₹29.23 | +0.58 (2.52%) |
| 100 shares | ₹2,298.00 | ₹9.19 | ₹4.60 | ₹0.15 | ₹0.34 | ₹1.68 | ₹21.24 | ₹37.20 | +0.37 (1.61%) |
| 500 shares | ₹11,490.00 | ₹40.00 | ₹22.98 | ₹0.70 | ₹1.72 | ₹7.33 | ₹21.24 | ₹93.97 | +0.19 (0.83%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹21.24 is levied on the sell-leg from Demat.
Intraday Buy & Sell Charges (Square-Off Same Day)
| Quantity | Trade Value | Brokerage | STT (0.025%) | Exch+SEBI | Stamp Duty | GST (18%) | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|
| 1 share | ₹22.98 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.03 | +0.03 (0.13%) |
| 10 shares | ₹229.80 | ₹0.09 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.02 | ₹0.20 | +0.02 (0.09%) |
| 50 shares | ₹1,149.00 | ₹0.46 | ₹0.29 | ₹0.08 | ₹0.03 | ₹0.10 | ₹0.96 | +0.02 (0.09%) |
| 100 shares | ₹2,298.00 | ₹0.92 | ₹0.57 | ₹0.15 | ₹0.07 | ₹0.19 | ₹1.90 | +0.02 (0.09%) |
| 500 shares | ₹11,490.00 | ₹4.60 | ₹2.87 | ₹0.70 | ₹0.34 | ₹0.95 | ₹9.46 | +0.02 (0.09%) |
How Choice Broking Compares to Alternatives (100 Shares of MERCANTILE)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Choice Broking |
|---|---|---|---|
| Choice Broking (Selected) | ₹9.19 | ₹37.20 | — |
| Zerodha | ₹0.00 | ₹20.46 | -16.74 |
| Groww | ₹4.60 | ₹26.47 | -10.73 |
| Angel One | ₹4.60 | ₹34.14 | -3.06 |
| Dhan | ₹0.00 | ₹19.87 | -17.33 |
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Frequently Asked Questions
What is the brokerage for buying Mercantile Ventures Limited shares on Choice Broking?
On Choice Broking, equity delivery brokerage for Mercantile Ventures Limited is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying Mercantile Ventures Limited?
Statutory taxes include 0.1% Securities Transaction Tax (STT) on buy and sell for delivery, 0.00297% NSE exchange turnover charges, 0.0001% SEBI turnover fees, 0.015% stamp duty on buy, and 18% GST on non-tax services.
What is the breakeven price movement required for MERCANTILE on Choice Broking?
For an order of 100 shares of MERCANTILE at ₹22.98, the roundtrip transaction cost is ₹37.20, meaning the stock needs to rise by ₹0.37 (1.61%) to break even.