COMPARE

Check out this detailed review of Groww, as we analyze this innovative platform to uncover its features, benefits, and potential drawbacks. Explore a complete, in-depth review of Groww's brokerage charges, account opening charges, profits, debts, balance sheets, and past performances.

Background

Year of Incorporation 2017
Website https://groww.in/
Phone +91 9108800604
Exchanges enabled NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) NSDL
Brokerage

Equity Rs 20 or 0.05% per order
Equity Futures Rs 20 per executed order
Equity Options Rs 20 per executed order
Currency Futures Rs 0
Currency Options Rs 0
Commodity Rs 0

Get a Call Back for Groww. Please Fill up this Form.

Account Opening Costs

Trading only Free
Trading & Demat Rs. 0
Commodity Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325%
Futures 0.0035%
Options 0.07%
Commodities 0.004%
AMC charge Rs 0
DP Transaction Charge Rs.13.5 per company
Offline order placing Charge Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days
End of Day 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x
Equity Futures 2x for intraday
Equity Options No leverage
Currency Futures 2x for intraday
Currency Options No leverage
Commodity 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 70.6 crores
Profit after Tax FY12/13 Rs 70.48 crores
Profit after Tax FY13/14 Rs 73.78 Crore
Profit after Tax FY 14/15 Rs 75.92 Crore
Profit after Tax FY 15/16 Rs 82.85 Crore
Profit after Tax FY 16/17 Rs 90.11 Crore
Profit after Tax FY 17/18 Rs 106.09 Crore
Profit after Tax FY 18/19 Rs 115.68 Crore
Profit after Tax FY 19/20 Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 205.65 Crore
Debt FY11/12 Rs 51 Crores
Debt FY12/13 Rs 41.5 Crores
Debt FY13/14 Rs 42.93 Crore
Debt FY14/15 Rs 49.48 Crore
Debt FY15/16 Rs 41.73 Crore
Debt FY16/17 Rs 54.26 Crore
Debt FY17/18 Rs 69.77 Crore
Debt FY18/19 Rs 57.16 Crore
Debt FY19/20 Rs 51.39 Crore
Debt FY20/21 Rs 57.47 Crore
Debt FY21/22 Rs 77.59 Crore
Debt FY22/23 Rs 80.11 Crore
Profit to Equity(%) FY11/12 62.90
Profit to Equity(%) FY12/13 12.38
Profit to Equity(%) FY13/14 14.86
Profit to Equity(%) FY14/15 17.05
Profit to Equity(%) FY15/16 14.29
Profit to Equity(%) FY16/17 19.11
Profit to Equity(%) FY17/18 21.51
Profit to Equity(%) FY18/19 18.17
Profit to Equity(%) FY19/20 14.49
Profit to Equity(%) FY20/21 18.46
Profit to Equity(%) FY21/22 14.70
Profit to Equity(%) FY22/23 25.75
Balance Sheet Size FY11/12 Rs 304 Crores
Balance Sheet Size FY12/13 Rs 296.15 Crores
Balance Sheet Size FY13/14 Rs 333.40 Crore
Balance Sheet Size FY14/15 Rs 306.36 Crore
Balance Sheet Size FY15/16 Rs 533.57 Crore
Balance Sheet Size FY16/17 Rs 544.52 Crore
Balance Sheet Size FY17/18 Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 4280.32 Lakh
Balance Sheet Size FY19/20 Rs 4476 Lakh
Balance Sheet Size FY20/21 Rs 4627 Lakh
Balance Sheet Size FY21/22 Rs 6184.35 Lakh
Balance Sheet Size FY22/23 Rs 5994 Crores

Frequently Asked Questions

what is the equity intraday brokerage charge of Groww ?

The equity intraday brokerage charge for Groww depends on their fee structure. Please refer to Groww's official website or contact their customer support for the most accurate and up-to-date information.

What is delivery brokerage charge of Groww ?

Groww charges a brokerage fee for equity delivery trades. Check the latest rates on Groww's official website or get in touch with their customer support for detailed information.

what is the options brokerage charge of Groww ?

The options brokerage charge with Groww varies based on their pricing model. For the latest and specific details, visit Groww's official website or contact their customer service.

What is dp charge of Groww ?

Groww may apply a Depository Participant (DP) charge. To know the exact DP charges, please check the fees section on Groww's official website or reach out to their customer support.

Does this Groww charges fixed brokerage ?

Groww may or may not have a fixed brokerage structure. For accurate and detailed information on brokerage charges, visit Groww's official website or contact their customer service.

Write a Review