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Zerodha Review
4.8
(12,500 reviews)• Est. 201012,500+
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
Contact & Support
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Quick Summary
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Reach 1M+ Investors
Zero Brokerage
on all IPO applications