Company lists
The India edition · 2026

Brokers and dealerscompanies in India

Stock brokers, trading platforms, asset management, forex & bullion, research & advisory and more: the companies building brokers and dealers in India, with their founders, funding, team size and business models.

374 company profiles145 with reported revenue1 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent brokers and dealers business events in India

Funding, M&A, contract wins and launches involving 470 brokers and dealers companies in India, last 24 months: 15 M&A deals · 12 funding rounds · 3 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

FundingPrivate Placement NCD

Aditya birla capital

Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.

Investors Na
Financial services
LaunchLeadHerShip

Aditya birla capital

Aditya Birla Capital Limited, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe.

Women entrepreneurship mentorship and incubation initiative
M&AAcquisition · Completed

Mahi Madhusudan Kela acquires Emkay Global Financial Services

Indian investor Mahi Madhusudan Kela acquired a 1.12% stake in Emkay Global Financial Services during the quarter ended December 31, 2025.

Investment banking, wealth management and portfolio management services
M&AAcquisition · Announced

Excellence acquires Pro Fin Capital Services

The Board of Directors of Pro Fin Capital Services a company active in financial and capital market services, met on 26 November 2025 and approved a proposal from Hong Kong-based…

M&AAcquisition · Announced

Excellence Creative acquires Pro Fin Capital Services

Excellence Creative has shown interest in acquiring up to 25 per cent of the equity share capital of Pro Fin Capital Services at a proposed price of Rs 22 per share in a non-binding…

M&AAcquisition · Pending

Pro Fin Capital Services acquires Excellence

Pro Fin Capital Services Ltd said it has received a Letter of Intent (LoI) from Hong Kong-based Excellence Creative Ltd to acquire up to 25 per cent stake in the latter for Rs 22 crore.

M&AAcquisition · Completed

Bajaj financial securities acquires Lemnisk

Bajaj Financial Securities has acquired stakes in Bengaluru-based customer data platform Lemnisk through a secondary transaction, giving partial exits to early backers including growX…

Customer Data Platform
M&AAcquisition · Completed

Multiple institutional investors acquires Aditya birla capital

Aditya Birla Capital witnessed a major block deal worth Rs 819 crore on Tuesday as Advent International’s arm Jomei Investments sold 2.66 crore shares of the financial services arm of…

Financial Services
FundingEquity investment

Emkay Global Financial Services

Shares of Emkay Global Financial Services have rallied 44% in the last two sessions on the back of Rs 227.5 crore fund infusion.

Investors Kirti Doshi, Antique Securities, Krishna Kumar Karwa, Prakash Kacholia
Financial services
M&AAcquisition · Announced

Kirti Doshi acquires Emkay Global Financial Services

Emkay Global Financial Services on Monday announced that industry veteran Kirti Doshi has acquired a 21% stake in the company.

Financial Services
FundingRights issue

Ifl enterprises

Agri commodity trading firm IFL Enterprises on Tuesday said its board has approved to raise up to Rs 49.14 crore through a rights issue of equity shares

Agri commodity trading
M&AAcquisition · Announced

Unique Global Managed Services acquires Ifl enterprises

IFL Enterprises has received a Letter of Intent (LOI) from the Singapore-based entity, Unique Global, to acquire a 12 per cent strategic minority stake in the company at an indicative…

Agri commodity trader
FundingCredit facility

Algoquant Fintech

Algoquant Fintech has successfully secured a credit facility of Rs 280 crore from Axis Bank

Investors Axis bank
Fintech
M&AAcquisition · Completed

Jm financial acquires JM Financial Credit Solutions

JM Financial on Tuesday said it has acquired the remaining 2.98 per cent stake in its material subsidiary JM Financial Credit Solutions Ltd (JMFCSL) from Moraine Master Fund LP, making…

Non-banking financial company
M&AAcquisition · Completed

Paterson & acquires India cements capital

Also, Paterson & Co, a stockbroking firm, has acquired a 24.75% stake in India Cements Capital Ltd (ICCL).

LaunchInvestRight app

Hdfc securities

exemplified by the launch of the InvestRight app and HDFC Sky—a mobile-first discount broking platform designed specifically for young, digitally savvy investors.

App
M&AAcquisition · Announced

Choice Equity Broking acquires Arete capital

Choice Equity Broking Private Limited (Choice Broking), a leading full-service brokerage firm and a subsidiary of Choice International Limited, has announced the acquisition of Arete…

Wealth Management
ContractSupply

Ausom enterprise · client: Gujarat Urja Vikas Nigam

Prozeal, Kintech, Ausom, Enertech, S.B.B., and Drashta won 100 MW, 50 MW, 50 MW, 40 MW, 10 MW, and 10 MW, respectively at a tariff of ₹2.55 (~$0.0300)/kWh.

Solar
ContractSupply

Ausom enterprise · client: Gujarat Urja Vikas Nigam Limited

AuSom Enterprise, said, “We hereby inform you that Ausom Enterprise Limited have received Letter of Intent from Gujarat Urja Vikas Nigam Limited dated 11/11/2024 for procurement of Power…

Renewable Energy
M&AAcquisition · Announced

JM Financial Credit Solutions acquires JM Financial Asset Reconstruction Company Ltd

The Competition Commission of India also approved the acquisition of 71.79 per cent of the total paid-up share capital of JM Financial Asset Reconstruction Company Ltd (JMFARC) by JMFCSL.

FundingPreferential issue of equity shares

Systematix corporate services

Systematix Corporate Services Limited is making headlines with its ambitious move to raise Rs 103 crore through a preferential issue of equity shares.

Investors Belgrave Investment Fund

Brokers and dealers companies in India, by revenue

Browse brokers and dealers companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 145 brokers and dealers companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of loans, investments, insurance, UPI, and bill payment services

Consumer and sme loans
₹40,723.75 crFY 2024-25
+18%2024–2025
32,090-96% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of equity and debt brokerage services and financial solutions

Brokers and dealers
₹29,660.29 crFY 2024-25
+25%2024–2025
—Not available
23 yr2003
0none in 3 months

Price watchlist for bullion trading

Brokers and dealers
₹11,894.90 crFY 2024-25
+189%2024–2025
—Not available
19 yr2007
0none in 3 months

Company that specializes in bullion, particularly gold and silver bars and coins

Brokers and dealers
₹7,803.53 crFY 2021-22
Not reported
—Not available
21 yr2005
0none in 3 months

Provider of veterinary services for small and large animals

Brokers and dealers
₹5,784.06 crFY 2024-25
+74%2024–2025
—Not available
7 yr2019
0none in 3 months

Online trading and investment platform

Brokers and dealers
₹3,264.55 crFY 2024-25
+23%2024–2025
3,645+13% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
7postings · last posted Aug 2026

Stock and commodity trading firm

Brokers and dealers
₹2,397.55 crFY 2024-25
+146%2024–2025
3+0% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Provider of SME loans

Brokers and dealers
₹1,643.84 crFY 2024-25
-9%2024–2025
—Not available
18 yr2008
0none in 3 months

Provider of security dealer firm

Brokers and dealers
₹1,576.67 crFY 2023-24
Not reported
50-6% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
—No postings tracked

Provider of advisory services in areas such as KYC compliance, derivatives, and workflow management systems, catering to various industries

Brokers and dealers
₹1,249.72 crFY 2024-25
+106%2024–2025
—Not available
27 yr1999
0none in 3 months

Smart Equity is a business angel investment firm based in Paris, France.

Brokers and dealers
₹977.15 crFY 2021-22
Not reported
25+39% 12 mo to Feb 2024recorded Feb 2024
—
—No postings tracked

Provider of investment banking and advisory services

Brokers and dealers
₹1,043.00 crFY 2024-25
Not reported
345recorded
9 yr2017
0none in 3 months

SPV Global Trading is a non-banking financial company.

Brokers and dealers
₹911.92 crFY 2024-25
+32%2024–2025
2recorded
41 yr1985
0none in 3 months

Provider of brokerage services for various exchanges

Brokers and dealers
₹846.71 crFY 2024-25
-1%2024–2025
20+0% 12 mo to Sep 2024recorded Sep 2024
46 yr1980
0none in 3 months

Provider of infrastructure solutions for power, telecom, and oil and gas

Brokers and dealers
₹549.29 crFY 2024-25
-17%2024–2025
20LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Diversified quantitative trading firm

Brokers and dealers
₹529.92 crFY 2024-25
+41%2024–2025
—Not available
43 yr1983
0none in 3 months

Diversified investment management firm

Brokers and dealers
₹500.53 crFY 2023-24
Not reported
1,148+0% 12 mo to Jul 2023LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Investment banking and SME financing services

Consumer and sme loans
₹484.10 crFY 2024-25
-7%2024–2025
112-54% 12 mo to Aug 2023recorded Aug 2023
20 yr2006
0none in 3 months

Proprietary trading firm that operates in financial markets, offering wealth management, hedging, and equity derivatives trading services to its clients

Brokers and dealers
₹427.54 crFY 2024-25
Not reported
58LinkedIn · Jul 2026
27 yr1999
7postings · last posted Sep 2026

Stock Brokers

Brokers and dealers
₹395.01 crFY 2023-24
Not reported
741+12% 12 mo to Oct 2023recorded Oct 2023
31 yr1995
0none in 3 months

Provider of online share trading and broking services in India

Brokers and dealers
₹346.63 crFY 2021-22
+35%2021–2022
2,253-2% 12 mo to Feb 2024LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Provider of financial market services including broking, advisory, and equity research

Services for investment industry
₹388.72 crFY 2024-25
+10%2024–2025
619-9% 12 mo to Dec 2023LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of trading, brokerage, and quants research services

Brokers and dealers
₹376.85 crFY 2024-25
+0%2024–2025
160+78% 12 mo to Sep 2024recorded Sep 2024
37 yr1989
0none in 3 months

Stock brokerage firm

Services for investment industry
₹368.42 crFY 2024-25
-17%2024–2025
25+317% 12 mo to Mar 2023recorded Mar 2023
46 yr1980
0none in 3 months

Provider of tuition-free software engineering education programs

Brokers and dealers
₹362.84 crFY 2024-25
-1%2024–2025
3+0% 12 mo to Mar 2024recorded Mar 2024
27 yr1999
0none in 3 months
50 of 374 companies shown here · the full list is on Radar
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  • Every company, not just 50All 374 brokers and dealers companies in India, filterable by stage, funding, team size, revenue model and age.
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Explore brokers and dealers companies in India by what you are looking for

Browse top brokers and dealers companies in India, from full-service stock brokers and online trading platforms to forex, bullion and wealth advisors. You can also find brokers and dealers startups in India and firms that are hiring.

9 ways to explore brokers and dealers in India

Stock brokers & securities dealersOnline trading platforms & investment techAsset management, wealth & investment banking firmsForex, bullion & commodity brokersInvestment research & advisory companiesLoans, insurance & financial distribution companies

Stock brokers & securities dealers

Full-service stock brokers and securities dealers for equity, debt and derivatives.

  1. SunriseGilts

    Provider of equity and debt brokerage services and financial solutions

    Brokers and dealers
    See in list
  2. SB Ornaments

    Company that specializes in bullion, particularly gold and silver bars and coins

    Brokers and dealers
    See in list
  3. HDFC securities

    Online trading and investment platform

    Brokers and dealers
    See in list
  4. AuSom Enterprise

    Stock and commodity trading firm

    Brokers and dealers
    See in list
  5. Globe Fincap

    Provider of SME loans

    Brokers and dealers
    See in list

Online trading platforms & investment tech

Online trading, algorithmic trading and investment platforms.

  1. Sanghavi Bullion

    Price watchlist for bullion trading

    Brokers and dealers
    See in list
  2. Adroitfinancial

    Provider of financial market services including broking, advisory, and equity research

    Services for investment industry
    See in list
  3. reliancesmartmoney.com

    Provider of online platform for trading stocks, mutual funds, and insurance

    Insurance distribution
    See in list
  4. Irage

    Provider of trading and investment services across multiple asset classes

    Investment tech
    See in list
  5. Vistar Amar

    Provider of trading and investment services

    Services for investment industry
    Website

Asset management, wealth & investment banking firms

Asset managers, investment banks and wealth management firms.

  1. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list
  2. reliancesmartmoney.com

    Provider of online platform for trading stocks, mutual funds, and insurance

    Insurance distribution
    See in list
  3. Choice

    Full-service investment banking firm

    Brokers and dealers
    Website
  4. Vistar Amar

    Provider of trading and investment services

    Services for investment industry
    Website
  5. RRC Financials

    Wealth and investment advisory firm

    Brokers and dealers
    Website

Forex, bullion & commodity brokers

Brokers for currency, gold, silver and other commodity trading.

  1. Passion Group

    Provider of equity, commodity, and currency trading services

    Brokers and dealers
    Website
  2. Sanghavi Bullion

    Price watchlist for bullion trading

    Brokers and dealers
    See in list
  3. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list
  4. Fanvrk

    Developer of software facilitating immersive experiences through virtual and augmented reality

    Cryptocurrencies
    Website
  5. SB Ornaments

    Company that specializes in bullion, particularly gold and silver bars and coins

    Brokers and dealers
    See in list

Investment research & advisory companies

Investment advisors, consultants and research providers.

  1. OJ Financial Services

    Provider of financial investment and advisory services

    Investment consultants
    Website
  2. GSFC

    Provider of brokerage services

    Brokers and dealers
    Website
  3. Rituraj Shares

    Provider of broking and comprehensive advisory services in capital markets

    Brokers and dealers
    Website
  4. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list
  5. NCL Research & Financial Services

    Security trading firm

    Services for investment industry
    Website

Loans, insurance & financial distribution companies

Firms distributing loans, insurance and other financial products.

  1. Aditya Birla Capital

    Provider of loans, investments, insurance, UPI, and bill payment services

    Consumer and sme loans
    See in list
  2. A.K. Group

    Investment banking and SME financing services

    Consumer and sme loans
    See in list
  3. reliancesmartmoney.com

    Provider of online platform for trading stocks, mutual funds, and insurance

    Insurance distribution
    See in list
  4. Choice

    Full-service investment banking firm

    Brokers and dealers
    Website
  5. Rr Investment Company

    Provider of maintenance, repair, and installation services for passenger ship systems

    Insurance distribution
    Website

Brokers and dealers startups in India

Recently founded broking and dealing companies in India.

  1. Kenrikindustries

    Retailer of precious metals including gold bars, gold coins, silver

    Brokers and dealers
    Website
  2. Sanchay Finvest

    Sanchay Finvest Limited – Maximize your wealth with us

    Brokers and dealers
    Website
  3. Wealthcrop Securities

    Trade Confidently at Kotak Securities with Wealthcrop!

    Brokers and dealers
    Website
  4. Wazirs Securities

    Provider of financial services

    Brokers and dealers
    Website
  5. Kotak Neo

    Provider of trading platforms and investment options, including IPOs

    Brokers and dealers
    Website
29 companies in India

Brokers and dealers companies hiring in India

Broking and dealing companies in India with open roles right now.

  1. HDFC securities

    Online trading and investment platform

    Brokers and dealers
    See in list
  2. Pashupati Capital Services

    Proprietary trading firm that operates in financial markets, offering wealth management, hedging, and equity derivatives trading services to its clients

    Brokers and dealers
    See in list
  3. East India Securities

    Full service stock broker

    Brokers and dealers
    See in list
  4. Crosseas Capital Services

    Provider of stock brokerage services

    Brokers and dealers
    See in list
  5. Irage

    Provider of trading and investment services across multiple asset classes

    Investment tech
    See in list
9 companies in India

Listed brokers and dealers companies in India

Publicly listed brokers and dealers companies in India.

  1. Aditya Birla Capital

    Provider of loans, investments, insurance, UPI, and bill payment services

    Consumer and sme loans
    See in list
  2. AuSom Enterprise

    Stock and commodity trading firm

    Brokers and dealers
    See in list
  3. PNB Gilts

    Provider of security dealer firm

    Brokers and dealers
    See in list
  4. Dolat Algotech

    Diversified quantitative trading firm

    Brokers and dealers
    See in list
  5. Master Trust

    Diversified investment management firm

    Brokers and dealers
    See in list
67 companies in India
Mobile reach

Top 10 brokers and dealers apps from India

The most-installed Android apps published by brokers and dealers companies headquartered in India — 42.9M installs between them. 83 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

MO RIISE: Stocks, IPO & Demat

by Motilal Oswal

Installs16.2M
Rating3.73143K ratings
Installs, year on year+44%
Last updatedMay 2026
View on Google Play ↗
MO RIISE: Stocks, IPO & Demat screenshot 1MO RIISE: Stocks, IPO & Demat screenshot 2MO RIISE: Stocks, IPO & Demat screenshot 3MO RIISE: Stocks, IPO & Demat screenshot 4MO RIISE: Stocks, IPO & Demat screenshot 5MO RIISE: Stocks, IPO & Demat screenshot 6
2

Kotak Neo: Stock Trading App

by Kotak Neo

Installs12.3M
Rating4.77201K ratings
Last updatedMay 2026
View on Google Play ↗
Kotak Neo: Stock Trading App screenshot 1Kotak Neo: Stock Trading App screenshot 2Kotak Neo: Stock Trading App screenshot 3Kotak Neo: Stock Trading App screenshot 4Kotak Neo: Stock Trading App screenshot 5Kotak Neo: Stock Trading App screenshot 6
3

ICICI Direct-Stocks F&O MF IPO

by ICICI Direct

Installs7.1M
Rating4.67180K ratings
Installs, year on year+46%
Last updatedMay 2026
View on Google Play ↗
ICICI Direct-Stocks F&O MF IPO screenshot 1ICICI Direct-Stocks F&O MF IPO screenshot 2ICICI Direct-Stocks F&O MF IPO screenshot 3ICICI Direct-Stocks F&O MF IPO screenshot 4ICICI Direct-Stocks F&O MF IPO screenshot 5ICICI Direct-Stocks F&O MF IPO screenshot 6
4

Choice FinX: Demat Account App

by Choice

Installs2.7M
Rating3.7422K ratings
Installs, year on year+32%
Last updatedJun 2026
View on Google Play ↗
Choice FinX: Demat Account App screenshot 1Choice FinX: Demat Account App screenshot 2Choice FinX: Demat Account App screenshot 3Choice FinX: Demat Account App screenshot 4Choice FinX: Demat Account App screenshot 5Choice FinX: Demat Account App screenshot 6
5

HDFC Securities InvestRight

by HDFC securities

Installs2.3M
Rating4.66189K ratings
Installs, year on year+39%
Last updatedMay 2026
View on Google Play ↗
HDFC Securities InvestRight screenshot 1HDFC Securities InvestRight screenshot 2HDFC Securities InvestRight screenshot 3HDFC Securities InvestRight screenshot 4HDFC Securities InvestRight screenshot 5HDFC Securities InvestRight screenshot 6
7

Indiabulls Securities: Stocks

by Indiabulls Securities

Installs305K
Rating4.23K ratings
Installs, year on year+66%
Last updatedJun 2026
View on Google Play ↗
Indiabulls Securities: Stocks screenshot 1Indiabulls Securities: Stocks screenshot 2Indiabulls Securities: Stocks screenshot 3Indiabulls Securities: Stocks screenshot 4Indiabulls Securities: Stocks screenshot 5Indiabulls Securities: Stocks screenshot 6
8

Beyondpro

by Nirmal Bang

Installs237K
Rating2.672K ratings
Last updatedNov 2025
View on Google Play ↗
Beyondpro screenshot 1Beyondpro screenshot 2Beyondpro screenshot 3Beyondpro screenshot 4Beyondpro screenshot 5Beyondpro screenshot 6
10

Shriram Netpro Mobile Trading

by Shriram Insight

Installs135K
Rating3.752K ratings
Installs, year on year+16%
Last updatedFeb 2026
View on Google Play ↗
Shriram Netpro Mobile Trading screenshot 1Shriram Netpro Mobile Trading screenshot 2Shriram Netpro Mobile Trading screenshot 3Shriram Netpro Mobile Trading screenshot 4Shriram Netpro Mobile Trading screenshot 5Shriram Netpro Mobile Trading screenshot 6
The business behind the activity

Brokers and dealers financials in India

Revenue, profit and growth from the filed annual accounts of 141 brokers and dealers companies in India for FY24-25 — 176 of the 374 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 66% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹50,315.06 cr

141 companies filing accounts

combined net profit₹4,274.48 cr

8.5% aggregate margin

are profitable79%

112 of 141 companies

median revenue~₹24.1 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five66%

revenue concentration

Six-year view

Combined revenue of filing companies

₹17,445.97 crFY19-20139 filers
₹14,237.95 crFY20-21148 filers
₹26,185.83 crFY21-22151 filers
₹21,476.38 crFY22-23151 filers
₹47,682.53 crFY23-24148 filers
₹50,315.06 crFY24-25141 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 136 companies over three years

+98%
FY22-23₹20,073.73 cr₹2,222.57 cr net
FY23-24₹25,671.26 cr₹3,633.08 cr net
FY24-25₹39,708.64 cr₹3,725.10 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2450% profitable
₹1–10 cr2972% profitable
₹10–100 cr4591% profitable
₹100–1,000 cr3586% profitable
Over ₹1,000 cr8100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking56
0–20%36
20–50%26
50–100%7
Doubled+15

140 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

112profitable
29loss-making
8.5%aggregate margin
7.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Royal India CorporationROYAL INDIA CORPORATION LIMITED
Giriraj Stock BrokingGIRIRAJ STOCK BROKING PRIVATE LIMITED+428%₹63.87 cr
My Money SecuritiesMY MONEY SECURITIES LIMITED+318%₹15.36 cr
Sugal And Damani Share BrokersSUGAL & DAMANI SHARE BROKERS LIMITED+309%₹26.14 cr
SAL SecuritiesSAL SECURITIES PRIVATE LIMITED+217%₹19.05 cr
Rikhav SecuritiesRIKHAV SECURITIES LIMITED+197%₹327.87 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
3A Financial Services3A CAPITAL SERVICES LIMITED79.5%
Giriraj Stock BrokingGIRIRAJ STOCK BROKING PRIVATE LIMITED74.7%₹63.87 cr
Vijit Global SecuritiesVIJIT GLOBAL SECURITIES PRIVATE LIMITED
RRC FinancialsR R CHOKHANI STOCK BROKERS PRIVATE LIMITED61.6%
East India SecuritiesEAST INDIA SECURITIES LTD
Dhanki SecuritiesDHANKI SECURITIES PRIVATE LIMITED54.2%₹49.99 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Brokers and dealers127₹48,632.50 cr~₹20.1 cr78%8.2%
Services for investment industry7₹871.76 cr~₹9.4 cr86%21.3%
Leaders

Largest brokers and dealers companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Sanghavi BullionSANGHAVI BULLION PRIVATE LIMITED₹11,894.90 cr₹20.62 cr0.2%+189%
GSFCGUJARAT STATE FERTILIZERS & CHEMICALS LIMITED₹9,741.66 cr₹573.18 cr5.9%+5%
RJPL SPOTRITUL JEWELS PRIVATE LIMITED₹5,784.06 cr₹2.11 cr0.0%+74%
HDFC securitiesHDFC SECURITIES LIMITED₹3,264.86 cr₹1,125.02 cr34.5%+23%
AuSom EnterpriseAUSOM ENTERPRISE LIMITED₹2,406.34 cr₹19.62 cr0.8%+147%
Globe FincapGLOBE CAPITAL MARKET LIMITED₹1,327.16 cr₹326.56 cr24.6%-7%
SmartequitySMART EQUITY BROKERS PRIVATE LIMITED.₹1,319.47 cr₹29.16 cr2.2%+1%
M Prasad & CoM. PRASAD AND CO LIMITED₹1,249.72 cr₹116.66 cr9.3%+106%
SB OrnamentsS B ORNAMENTS PRIVATE LIMITED₹849.94 cr−₹27.33 cr-3.2%-92%
KNA Share BrokersKNA SHARE BROKERS PRIVATE LIMITED₹846.71 cr₹7.56 cr0.9%-1%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full brokers and dealers landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the brokers and dealers landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Brokers and dealers funding and M&A across India

5 recorded equity rounds have gone to 470 brokers and dealers companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months0

US$0k

raised over five yearsUS$0k

0 rounds in India

M&A deals, India15

last 24 months

Capital by year

Equity funding into brokers and dealers in India

amount rounds

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date.

Corporate activity · last 24 months

M&A in India

13Acquisition
2Merger

Most active acquirers

  1. Aditya birla capital2
  2. Mahi Madhusudan Kela1
  3. Excellence1
  4. Excellence Creative1
  5. Pro Fin Capital Services1

Most acquired or merged

  1. Emkay Global Financial Services3
  2. Pro Fin Capital Services2
  3. Aditya birla finance2
  4. Excellence1
  5. Lemnisk1

Each deal appears in the events strip at the top of the page.

Founders and momentum in India

Meet the people behind brokers and dealers companies in India. 154 of 374 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India brokers and dealers companies by sub-sector

The most common specialisations among brokers and dealers companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring brokers and dealers in India and nearby markets.

Coming soon