Religare 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 | ₹0.11 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.02 | ₹23.60 | ₹23.79 | +23.79 (103.52%) |
| 10 shares | ₹229.80 | ₹1.15 | ₹0.46 | ₹0.02 | ₹0.03 | ₹0.21 | ₹23.60 | ₹25.47 | +2.55 (11.1%) |
| 50 shares | ₹1,149.00 | ₹5.75 | ₹2.30 | ₹0.08 | ₹0.17 | ₹1.05 | ₹23.60 | ₹32.95 | +0.66 (2.87%) |
| 100 shares | ₹2,298.00 | ₹11.49 | ₹4.60 | ₹0.15 | ₹0.34 | ₹2.10 | ₹23.60 | ₹42.28 | +0.42 (1.83%) |
| 500 shares | ₹11,490.00 | ₹40.00 | ₹22.98 | ₹0.70 | ₹1.72 | ₹7.33 | ₹23.60 | ₹96.33 | +0.19 (0.83%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹23.60 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 | ₹0.11 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.02 | ₹0.22 | +0.02 (0.09%) |
| 50 shares | ₹1,149.00 | ₹0.57 | ₹0.29 | ₹0.08 | ₹0.03 | ₹0.12 | ₹1.09 | +0.02 (0.09%) |
| 100 shares | ₹2,298.00 | ₹1.15 | ₹0.57 | ₹0.15 | ₹0.07 | ₹0.23 | ₹2.17 | +0.02 (0.09%) |
| 500 shares | ₹11,490.00 | ₹5.75 | ₹2.87 | ₹0.70 | ₹0.34 | ₹1.16 | ₹10.82 | +0.02 (0.09%) |
How Religare Broking Compares to Alternatives (100 Shares of MERCANTILE)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Religare Broking |
|---|---|---|---|
| Religare Broking (Selected) | ₹11.49 | ₹42.28 | — |
| Zerodha | ₹0.00 | ₹20.46 | -21.82 |
| Groww | ₹4.60 | ₹26.47 | -15.81 |
| Angel One | ₹4.60 | ₹34.14 | -8.14 |
| Dhan | ₹0.00 | ₹19.87 | -22.41 |
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Frequently Asked Questions
What is the brokerage for buying Mercantile Ventures Limited shares on Religare Broking?
On Religare Broking, equity delivery brokerage for Mercantile Ventures Limited is ₹20 flat. Intraday trades incur ₹20 or 0.03% 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 Religare Broking?
For an order of 100 shares of MERCANTILE at ₹22.98, the roundtrip transaction cost is ₹42.28, meaning the stock needs to rise by ₹0.42 (1.83%) to break even.