Kotak Securities Charges for Tips Music Limited
NSE: TIPSMUSIC · Last Close: ₹644.20 · 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 | ₹644.20 | ₹0.00 | ₹1.29 | ₹0.05 | ₹0.10 | ₹0.01 | ₹15.34 | ₹16.79 | +16.79 (2.61%) |
| 10 shares | ₹6,442.00 | ₹0.00 | ₹12.88 | ₹0.39 | ₹0.97 | ₹0.07 | ₹15.34 | ₹29.65 | +2.96 (0.46%) |
| 50 shares | ₹32,210.00 | ₹0.00 | ₹64.42 | ₹1.97 | ₹4.83 | ₹0.35 | ₹15.34 | ₹86.91 | +1.74 (0.27%) |
| 100 shares | ₹64,420.00 | ₹0.00 | ₹128.84 | ₹3.96 | ₹9.66 | ₹0.71 | ₹15.34 | ₹158.51 | +1.59 (0.25%) |
| 500 shares | ₹322,100.00 | ₹0.00 | ₹644.20 | ₹19.77 | ₹48.31 | ₹3.56 | ₹15.34 | ₹731.18 | +1.46 (0.23%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.34 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 | ₹644.20 | ₹0.00 | ₹0.16 | ₹0.05 | ₹0.02 | ₹0.01 | ₹0.24 | +0.24 (0.04%) |
| 10 shares | ₹6,442.00 | ₹0.00 | ₹1.61 | ₹0.39 | ₹0.19 | ₹0.07 | ₹2.26 | +0.23 (0.04%) |
| 50 shares | ₹32,210.00 | ₹0.00 | ₹8.05 | ₹1.97 | ₹0.97 | ₹0.35 | ₹11.34 | +0.23 (0.04%) |
| 100 shares | ₹64,420.00 | ₹0.00 | ₹16.11 | ₹3.96 | ₹1.93 | ₹0.71 | ₹22.71 | +0.23 (0.04%) |
| 500 shares | ₹322,100.00 | ₹0.00 | ₹80.53 | ₹19.77 | ₹9.66 | ₹3.56 | ₹113.52 | +0.23 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of TIPSMUSIC)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹158.51 | — |
| Zerodha | ₹0.00 | ₹158.51 | 0.00 |
| Groww | ₹40.00 | ₹206.30 | +47.79 |
| Angel One | ₹40.00 | ₹213.97 | +55.46 |
| Dhan | ₹0.00 | ₹157.92 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying Tips Music Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for Tips Music Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 per executed order.
How much STT and government tax is charged when buying Tips Music 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 TIPSMUSIC on Kotak Securities?
For an order of 100 shares of TIPSMUSIC at ₹644.20, the roundtrip transaction cost is ₹158.51, meaning the stock needs to rise by ₹1.59 (0.25%) to break even.