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Zerodha Review

4.8
(12,500 reviews)• Est. 2010

12,500+

Active Users

4.8

Rating

High (95%+)

IPO Success

4.8★

App Rating

Overview

Zerodha is one of India's leading stockbrokers with 12,500+ active users. Known for their Free account opening and Free (Zero on IPOs) brokerage, they are a top choice for IPO investors. Established in 2010, they have built a strong reputation for reliability and user experience.

Key Features

Free IPO applications
UPI mandate support
Fast allotment updates
Kite trading platform
Coin for mutual funds
Console for reports
Tax P&L statements
API access for developers

How to Apply for IPO with Zerodha

1

Login to Zerodha Kite

2

Go to Portfolio → IPOs

3

Select the IPO you want to apply for

4

Enter number of lots and price

5

Accept UPI mandate in your banking app

6

Track application status

Fee Structure

Account OpeningFree
Annual Maintenance₹300 + GST
Brokerage (IPO)Zero for equity delivery, IPOs
DP Charges₹13.5 + GST per transaction

Pros

  • Zero brokerage on IPO and equity delivery
  • Best-in-class trading platform
  • Large user base of 10M+
  • Excellent customer support
  • Transparent pricing

Cons

  • No physical branches
  • Limited research reports
  • No advisory services

Account Opening Requirements

PAN Card

Aadhaar Card

Bank Account

Mobile number linked to Aadhaar

UPI enabled bank account

Ready to Open Account with Zerodha?

Start your IPO investing journey today

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