Opening a new Demat, but with Whom?

#1
Hi everyone,

I need your help as I am new to stock market. I want to start investing in stocks for that i need to have an account. I donno anything about Demat providers. my friends have suggested me ICICI Direct & Indiabulls. which one should i go for? when my requirements are following:

1. Number of transactions will be low generally once in two months.
2. main target IPOs.
3.Should be safe (not like indiabulls where RM can trade on your behalf) as I am a small investor & may not look at account for months.
4. cost should be low preferably one time (lifetime).
5. variable cost (transaction cost) should also be low ( but this point comes after one time cost & IPO facilty & safety on my priority list as I am a small investor)
6. It shud have some interface where i can see my portfolio & status of the stock.
7. shud also provide some interface where i can trade online.

Thanx in advance
 
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