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HDFC Sky Vs Espresso Sharekhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of Espresso Sharekhan Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for HDFC Sky is 10,62,264 where number of active customer for Espresso Sharekhan is 21,960. HDFC Sky is serving more customer compare to Espresso Sharekhan.

Here we present side-by-side comparison of HDFC Sky vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Sky vs Espresso Sharekhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of HDFC Sky vs Espresso Sharekhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared HDFC Sky vs Espresso Sharekhan's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare HDFC Sky vs Espresso Sharekhan on Service

  HDFC Sky Compare
HDFC Sky
Espresso Sharekhan Compare
Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX
Active Clients 10,62,264 21,960
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Espresso Sharekhan
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Account Opening Charges and AMC

Compare HDFC Sky vs Espresso Sharekhan on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with Espresso Sharekhan
Charges HDFC Sky Espresso Sharekhan
Trading Account Opening Fees Free Rs. 354 (Free for limited time)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs. 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Espresso Sharekhan on Plan Options

Plans are the most important feature you look when compare HDFC Sky with Espresso Sharekhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare HDFC Sky with Espresso Sharekhan on Plan Options
Plan Types HDFC Sky Espresso Sharekhan
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Espresso Sharekhan
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Espresso Sharekhan on Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

Brokerage Charges - Compare HDFC Sky with Espresso Sharekhan
Brokerage Charges Compare HDFC Sky Espresso Sharekhan
Plan Name Fixed pricing model Pay Only When You Profit
Equity Delivery 0.1% or Rs 20 whichever is lower Free
Equity Intraday 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 12% interest PA Info Not Available
Call & Trade Charges Rs 20 per call Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare HDFC Sky vs Espresso Sharekhan on Transaction Charges

Compare HDFC Sky with Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky with Espresso Sharekhan
Transaction Charges Compare HDFC Sky Espresso Sharekhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare HDFC Sky vs Espresso Sharekhan on Account Features

Compare HDFC Sky with Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 account where Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - HDFC Sky offers NRI where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - HDFC Sky with Espresso Sharekhan
Account Features Compare HDFC Sky Espresso Sharekhan
3 in 1 Account Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account. No HDFC Sky have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare HDFC Sky vs Espresso Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and Espresso Sharekhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare HDFC Sky with Espresso Sharekhan
Trading Platform Compare HDFC Sky Espresso Sharekhan
Desktop Trading Platform HDFC Sky Espresso
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/ https://trade.myespresso.com/trading/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App Espresso Mobile App
Mobile Trading App Demo HDFC Sky App Demo Espresso Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Espresso Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC Sky App Download iOS Espresso Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare HDFC Sky vs Espresso Sharekhan on User Rating

  HDFC Sky Espresso Sharekhan
  97 Customer Reviews    Rate HDFC Sky 1 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings 2.4 1.0
Trading Brokerage Rating 2.1 5.0
Trading Platform Usability 2.9 3.0
Customer Service Ratings 2.8 2.0
Overall Ratings 2.4 1.0
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare HDFC Sky vs Espresso Sharekhan on Investment Offerings

Compare HDFC Sky with Espresso Sharekhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - HDFC Sky offers online mutual fund investment option where Espresso Sharekhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare HDFC Sky with Espresso Sharekhan
Investment Offerings Compare HDFC Sky Espresso Sharekhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL SGB, Buyback, IPO
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Order Types

Compare HDFC Sky vs Espresso Sharekhan on Order Types

Order Type - Compare HDFC Sky with Espresso Sharekhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - HDFC Sky provide Cover Orders (CO) where Espresso Sharekhan doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Espresso Sharekhan offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare HDFC Sky with Espresso Sharekhan
Order Type Compare HDFC Sky Espresso Sharekhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes Yes
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare HDFC Sky vs Espresso Sharekhan on Customer Service

Compare HDFC Sky with Espresso Sharekhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare HDFC Sky with Espresso Sharekhan
Customer Service Compare HDFC Sky Espresso Sharekhan
24/7 Customer Service HDFC Sky vs Espresso Sharekhan - 24x7 customer support No No
Email Support HDFC Sky vs Espresso Sharekhan - Email Support Yes Yes
Onine Live Chat HDFC Sky vs Espresso Sharekhan - Onine Live Chat No No
Phone Support HDFC Sky vs Espresso Sharekhan - Phone Support Yes Yes
Toll Free Number HDFC Sky vs Espresso Sharekhan - Toll Free Number No No
Through Branches HDFC Sky vs Espresso Sharekhan - Through Branches Yes No
Customer Care Number HDFC Sky vs Espresso Sharekhan - Customer Care Number 1800 121 2109 022 6767 0700
Account Opening Process HDFC Sky vs Espresso Sharekhan - Account Opening Process Online 100% online/paperless
Customer Support Email HDFC Sky vs Espresso Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs Espresso Sharekhan - Knowledge Center/Education https://hdfcsky.com/learn https://www.myespresso.com/the-espresso-blog
Head Office Address HDFC Sky vs Espresso Sharekhan - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Website HDFC Sky vs Espresso Sharekhan - Company Website https://hdfcsky.com/ https://www.myespresso.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Espresso Sharekhan on Research Reports, Tips

Compare HDFC Sky with Espresso Sharekhan on research reports and tips provided by the broker.

Research Reports - Compare HDFC Sky with Espresso Sharekhan
  HDFC Sky Espresso Sharekhan
Research Mutual Funds HDFC Sky vs Espresso Sharekhan - Research Mutual Funds Yes No
Research Equity Reports HDFC Sky vs Espresso Sharekhan - Research Equity Reports Yes No
Research ETF HDFC Sky vs Espresso Sharekhan - Research ETF Yes No
Daily Market Report HDFC Sky vs Espresso Sharekhan - Daily Market Report Yes No
Free Tips HDFC Sky vs Espresso Sharekhan - Free Tips Yes No
Quarterly Result Analysis HDFC Sky vs Espresso Sharekhan - Quarterly Results Yes No
News Alerts HDFC Sky vs Espresso Sharekhan - Yes No
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Demat Account

Compare HDFC Sky vs Espresso Sharekhan on Demat Account

Compare HDFC Sky with Espresso Sharekhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Espresso Sharekhan is ₹400 pa where for HDFC Sky is ₹750 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for HDFC Sky is 0.04% (Min ₹20) + CDSL charges where for Espresso Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare HDFC Sky with Espresso Sharekhan
  HDFC Sky Espresso Sharekhan
DP Source CDSL CDSL
DP ID HDFC Sky vs Espresso Sharekhan - DP ID CDSL: 1209 CDSL-DP-45
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹400 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹5 per certificate + ₹35 request charges ₹5 per certificate (Min 50 per request)
Remat ₹30 ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation Nil 0.03% (Min ₹100)
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) NIL
Pledge Closure Nil NIL
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) NIL
Pledge Invocation 0.04% of transaction value (Min ₹40) NIL
Failed Instruction Charges Nil Nil
Other Charges Nil Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Espresso Sharekhan on Special Offers and Promotion

Compare HDFC Sky with Espresso Sharekhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs Espresso Sharekhan on Special Offers and Promotion
  HDFC Sky Espresso Sharekhan
Pay In and Pay Out Options HDFC Sky vs Espresso Sharekhan - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time HDFC Sky vs Espresso Sharekhan - Payout Time Instant to HDFC Bank. Max 24 hrs except for bank holidays
Bank Supported and Charges HDFC Sky vs Espresso Sharekhan - Bank Supported and Charges Info Not Available Around 31 banks allow instant credit facility with charges of Rs 9 + GST
Bank Detail Direct from your HDFC bank account.
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • No brokerage on losses.
  • Pay Max Rs. 20 per order brokerage charges across segments.
  • Zero brokerage on cash N carry (CNC) orders (delivery).
  • Zero Demat AMC charges for 1st Year
  • Hassle-free fund transfer via UPI and net banking.
  • Apply for buyback, NFO, and OFS at Rs. 20 per order + GST.
  • Pre-IPO apply feature to apply for IPO.
  • Free mobile app and Binge trading software for active traders.
  • Integrated watchlists, free scanners, quick order placement, and split order functionality.
  • Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank.
  • EspressoLogy and Learning center to learn about the stock market.
  • Place bracket order (BO) and after-market order.
  • Free GTD (Good Till Date) order
  • Margin trading facility.
  • No hidden charges.

Detail Review...

Dislikes
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • Espresso Sharekhan does not offer mutual funds.
  • You cannot open an integrated 3-in-1 account.
  • It does not provide 24*7 customer support.
  • NRI cannot open an account with Espresso Sharekhan.
  • Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Espresso Sharekhan Account Now>>

Last Updated on 2023-11-09T03:39:28+00:00