What is the brokerage charge for Penny Stocks?

At Axis Direct the brokerage charged on stocks quoting up to Rs. 10.00 per share is at Rs. 0.03 per share, subject to a minimum of Rs. 25/- per executed order and a maximum of Rs. 0.25 per share. In case the minimum brokerage calculated comes to more than Rs. 0.25 per share, then the amount that will be charged as brokerage will be limited to Rs. 0.25 per share.