Groww 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 | ₹0.05 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.01 | ₹15.93 | ₹16.05 | +16.05 (69.84%) |
| 10 shares | ₹229.80 | ₹0.46 | ₹0.46 | ₹0.02 | ₹0.03 | ₹0.09 | ₹15.93 | ₹16.99 | +1.70 (7.4%) |
| 50 shares | ₹1,149.00 | ₹2.30 | ₹2.30 | ₹0.08 | ₹0.17 | ₹0.43 | ₹15.93 | ₹21.21 | +0.42 (1.83%) |
| 100 shares | ₹2,298.00 | ₹4.60 | ₹4.60 | ₹0.15 | ₹0.34 | ₹0.85 | ₹15.93 | ₹26.47 | +0.26 (1.13%) |
| 500 shares | ₹11,490.00 | ₹22.98 | ₹22.98 | ₹0.70 | ₹1.72 | ₹4.26 | ₹15.93 | ₹68.57 | +0.14 (0.61%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.93 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 | ₹0.05 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.08 | +0.08 (0.35%) |
| 10 shares | ₹229.80 | ₹0.46 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.09 | ₹0.64 | +0.06 (0.26%) |
| 50 shares | ₹1,149.00 | ₹2.30 | ₹0.29 | ₹0.08 | ₹0.03 | ₹0.43 | ₹3.13 | +0.06 (0.26%) |
| 100 shares | ₹2,298.00 | ₹4.60 | ₹0.57 | ₹0.15 | ₹0.07 | ₹0.85 | ₹6.24 | +0.06 (0.26%) |
| 500 shares | ₹11,490.00 | ₹22.98 | ₹2.87 | ₹0.70 | ₹0.34 | ₹4.26 | ₹31.15 | +0.06 (0.26%) |
How Groww Compares to Alternatives (100 Shares of MERCANTILE)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹4.60 | ₹26.47 | — |
| Zerodha | ₹0.00 | ₹20.46 | -6.01 |
| Angel One | ₹4.60 | ₹34.14 | +7.67 |
| Dhan | ₹0.00 | ₹19.87 | -6.60 |
| ICICI Direct | ₹25.28 | ₹58.55 | +32.08 |
Ready to trade Mercantile Ventures Limited?
Open an account with Groww in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Mercantile Ventures Limited shares on Groww?
On Groww, equity delivery brokerage for Mercantile Ventures Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% 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 Groww?
For an order of 100 shares of MERCANTILE at ₹22.98, the roundtrip transaction cost is ₹26.47, meaning the stock needs to rise by ₹0.26 (1.13%) to break even.