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Hi Avatar,
I don't see any fault from Zerodha side. Reason behind this is; your Zerodha Broker Account is linked with ICICI Demat account. If you do delivery based trading, the shares will be credited back to your Demat account, which is what happed in your case and this is how it should be.

The brokerage & fees charged by Zerodha in case of your delivery based purchase of Rs 25000 should be around Rs 57. (I am not sure where you got Rs 187.50)

The itemized charges should be as below:

Brokerage (0.10% or Rs. 20/Trade whichever is lower) =      20
Securities Transaction Tax (0.125% on both Buy and Sell) = 31.25
Transaction/Turnover Charges (0.0049%) = 1.225
Service Tax (12% on Brokerage+Transaction Charge) = 2.547
Education Cess      (2% of Service Tax = 0.05094
Higher Education Cess (1% of Service Tax = 0.02547
SEBI Charges (0.0001% (or 10 Rs/Crore) = 0.025
Stamp Duty (.01% or Rs. 50 per contract note whichever is lower.) = 2.5

Total = 57.62341

What I would suggest you is do the similar transition with ICICI and see the difference. There brokerage (which is Rs 20 as above with Zerodha) will be Rs 150. Remaining taxes are same for all brokers including Zerodha and ICICI.

Hope this will help.
Sanjeev