Aditya birla capital
Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.
Company lists
Stock brokers, online trading, asset management, investment services, startups and more: the companies building brokers and dealers in Mumbai, Maharashtra, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 470 brokers and dealers companies in India, last 24 months: 14 M&A deals · 11 funding rounds · 3 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.
Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.
Aditya Birla Capital Limited, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe.
Indian investor Mahi Madhusudan Kela acquired a 1.12% stake in Emkay Global Financial Services during the quarter ended December 31, 2025.
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…
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…
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.
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…
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…
Shares of Emkay Global Financial Services have rallied 44% in the last two sessions on the back of Rs 227.5 crore fund infusion.
Kirti Doshi is founder of Antique Securities, acquired over 21% stake in Emkay Global Financial Services through a Rs. 227.5 crore investment
Emkay Global Financial Services on Monday announced that industry veteran Kirti Doshi has acquired a 21% stake in the company.
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
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…
Algoquant Fintech has successfully secured a credit facility of Rs 280 crore from Axis Bank
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…
Also, Paterson & Co, a stockbroking firm, has acquired a 24.75% stake in India Cements Capital Ltd (ICCL).
exemplified by the launch of the InvestRight app and HDFC Sky—a mobile-first discount broking platform designed specifically for young, digitally savvy investors.
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…
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.
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…
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.
Browse brokers and dealers companies in Mumbai 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 54 brokers and dealers companies in Mumbai, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Provider of loans, investments, insurance, UPI, and bill payment services
Consumer and sme loans₹40,723.75 cr in FY24-25 · net ₹3,381.89 cr · +199% since FY2018
Filed consolidated accounts · Aditya Birla Capital LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Price watchlist for bullion trading
Brokers and dealers₹11,894.90 cr in FY24-25 · net ₹20.62 cr · +170% since FY2018
Filed standalone accounts · Sanghavi Bullion Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Online trading and investment platform
Brokers and dealers₹3,264.86 cr in FY24-25 · net ₹1,125.02 cr · +308% since FY2018
Filed standalone accounts · Hdfc Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment banking and advisory services
Brokers and dealersEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

SPV Global Trading is a non-banking financial company.
Brokers and dealers₹24.05 cr in FY24-25 · net −₹2.19 lakh · +139% since FY2018
Filed standalone accounts · Spv Global Trading LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Investment banking and SME financing services
Consumer and sme loans₹484.10 cr in FY24-25 · net ₹87.13 cr · +46% since FY2018
Filed consolidated accounts · A K Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Proprietary trading firm that operates in financial markets, offering wealth management, hedging, and equity derivatives trading services to its clients
Brokers and dealers₹425.10 cr in FY24-25 · net ₹150.65 cr · +560% since FY2018
Filed standalone accounts · Pashupati Capital Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of online share trading and broking services in India
Brokers and dealers₹444.48 cr in FY23-24 · net ₹73.73 cr · +177% since FY2017
Filed consolidated accounts · Nirmal Bang Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of trading, brokerage, and quants research services
Brokers and dealers₹376.85 cr in FY24-25 · net ₹172.93 cr · +1010% since FY2018
Filed standalone accounts · Vikabh Securities Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment management, institutional equity, and investment banking services
Investment banks₹339.66 cr in FY24-25 · net ₹58.91 cr · +155% since FY2018
Filed standalone accounts · Emkay Global Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm
Brokers and dealers₹574.39 cr in FY24-25 · net ₹12.05 cr · +653% since FY2018
Filed standalone accounts · Alacrity Securities Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of luxury residential properties and infrastructure
Brokers and dealers₹222.73 cr in FY24-25 · net ₹10.83 cr · +118% since FY2018
Filed standalone accounts · Royal India Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm
Brokers and dealers₹203.45 cr in FY24-25 · net ₹6.01 cr · +22659% since FY2018
Filed standalone accounts · Globe Multi Ventures LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Full-service stock broker
Brokers and dealers₹138.20 cr in FY24-25 · net −₹24.48 cr · +8% since FY2018
Filed standalone accounts · Bonanza Portfolio LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of commodity brokerage services
Brokers and dealers₹33.69 cr in FY24-25 · net ₹4.61 cr · -63% since FY2018
Filed standalone accounts · Comfort Commotrade LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm
Brokers and dealers₹68.78 cr in FY24-25 · net ₹23.64 cr · +803% since FY2018
Filed standalone accounts · Systematix Corporate Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock brokerage services
Brokers and dealers₹145.35 cr in FY22-23 · net ₹38.66 cr · +20% since FY2022
Filed consolidated accounts · Crosseas Capital Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of online platform for trading stocks, mutual funds, and insurance
Insurance distribution₹148.07 cr in FY24-25 · net ₹13.71 cr · -42% since FY2018
Filed standalone accounts · Indusind Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Retail financial products distributor
Services for investment industry₹116.87 cr in FY24-25 · net ₹25.07 cr · -3% since FY2018
Filed standalone accounts · Bluechip Corporate Investment Centre Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Full-service stock broker
Brokers and dealers₹99.31 cr in FY24-25 · net ₹24.47 cr · +397% since FY2018
Filed standalone accounts · Sykes And Ray Equities (India ) Ltd
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Full-service investment banking firm
Brokers and dealers₹89.71 cr in FY24-25 · net ₹11.23 cr · +13498% since FY2018
Filed standalone accounts · Choice Insurance Broking India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of trading and investment services
Services for investment industry₹74.09 cr in FY23-24 · net ₹3.71 cr · +951% since FY2019
Filed standalone accounts · Vistar Amar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of investment management services
Brokers and dealers₹54.30 cr in FY24-25 · net ₹43.18 cr · +3831% since FY2018
Filed standalone accounts · 3A Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of mutual funds, IPOs, currencies, stocks, and commodities trading services
Brokers and dealers₹42.90 cr in FY24-25 · net ₹15.11 lakh · +49% since FY2018
Filed standalone accounts · Inventure Growth And Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm providing stock trading transaction reports and back office login services
Brokers and dealers₹48.24 cr in FY24-25 · net ₹13.55 lakh · -78% since FY2018
Filed standalone accounts · Shilpa Stock Broker Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of equity broking, mutual fund, and IPO services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Dhanki Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Full-service stockbroker offering online trading and investment services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Gepl Capital Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Nvs Brokerage Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of financial brokerage services
Brokers and dealersin FY22-23 · net · since FY2022
Filed standalone accounts · Cosmea Financial Holdings Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of broker & dealer services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Derivium Tradition Securities (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of trading, IPO, NRI, mutual fund and investment advisory services
Brokers and dealersin FY23-24 · net · since FY2018
Filed standalone accounts · Mangal Keshav Financial Services LlpEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock broking, investment banking, and mutual fund services
Investment techin FY24-25 · net · since FY2018
Filed standalone accounts · Comfort Securities Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Operator of a platform for fractional ownership of alternative investments
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Kalash Shares And Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Financial services corporation offering foreign exchange money changing, stock broking, and interbank foreign exchange broking services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Frr Shares And Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Investor in equity, debt, and real estate
Brokers and dealersin FY23-24 · net · since FY2017
Filed standalone accounts · Tcfc Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Online platform for making investments in derivatives, mutual funds & other assets
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Manashvi Securities Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Wealth and investment advisory firm
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · R R Chokhani Stock Brokers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Stock brokerage firm
Brokers and dealersEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Security trading firm
Services for investment industryin FY24-25 · net · since FY2018
Filed standalone accounts · N.C.L.Research And Financial Services Ltd.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock brokerage services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Nayan M Vala Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Online trading platform
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Vertex Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of trading and investment services
Services for investment industryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Financial services firm that provides stockbroking and investment solutions to individuals and institutions, with a focus on trading and wealth management
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Natverlal And Sons Stockbrokers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of currency brokerage services
Brokers and dealersin FY24-25 · net · since FY2021
Filed standalone accounts · Meerut Road Carriers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock broking, financial planning, and mutual fund services
Services for investment industryin FY24-25 · net · since FY2018
Filed standalone accounts · Nalanda Media Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock exchange brokergae services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Mesh Stock Brokers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Focus_About Us
Brokers and dealersin FY21-22 · net · since FY2015
Filed standalone accounts · Focus Comtrade Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Stock brokerage firm
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Relic Technologies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of stock brokerage and financial services
Brokers and dealersEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of portfolio management, stock broking, and trading services
Brokers and dealersin FY24-25 · net · since FY2018
Filed standalone accounts · Mideast Portfolio Management LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open brokers and dealers in Mumbai on RadarBrowse the top brokers in Mumbai, from full-service stock brokers to online trading platforms, and see the brokers list in Mumbai by type. You can also find asset managers, investment banks and newer broking startups in Mumbai.
Full-service and retail stock brokers offering trading and demat services.

Price watchlist for bullion trading
Brokers and dealers
Online trading and investment platform
Brokers and dealers
SPV Global Trading is a non-banking financial company.
Brokers and dealers
Dealer offering financial solutions and insights to investors and institutions
Brokers and dealers
Proprietary trading firm that operates in financial markets, offering wealth management, hedging, and equity derivatives trading services to its clients
Brokers and dealersDigital platforms for trading stocks, mutual funds and other investments.

Price watchlist for bullion trading
Brokers and dealers
Provider of online platform for trading stocks, mutual funds, and insurance
Insurance distribution
Provider of stock broking, investment banking, and mutual fund services
Investment tech
Provider of trading and investment services across multiple asset classes
Asset management
Online trading and investment platform
Brokers and dealersFirms that manage portfolios and provide wealth and investment advice.

Provider of investment management, institutional equity, and investment banking services
Investment banks
Provider of online platform for trading stocks, mutual funds, and insurance
Insurance distribution
Full-service investment banking firm
Brokers and dealers
Provider of trading and investment services
Services for investment industry
Wealth and investment advisory firm
Brokers and dealersInvestment banks, distributors and service providers to the investment industry.

Investment banking and SME financing services
Consumer and sme loans
Provider of investment management, institutional equity, and investment banking services
Investment banks
Retail financial products distributor
Services for investment industry
Full-service investment banking firm
Brokers and dealers
Provider of trading and investment services
Services for investment industryNewer broking and trading companies in Mumbai founded in recent years.

Provider of trading platforms and investment options, including IPOs
Brokers and dealers
Digital wealth manager offering a range of investment products and solutions
Brokers and dealers
Home - THRILLING SECURITIES PRIVATE LIMITED
Brokers and dealers
Firm focusing on discretionary trading
Brokers and dealers
Financial services company offering a range of investment and trading solutions
Brokers and dealersBroking and dealing firms in Mumbai with open jobs right now.

Online trading and investment platform
Brokers and dealers
Dealer offering financial solutions and insights to investors and institutions
Brokers and dealers
Proprietary trading firm that operates in financial markets, offering wealth management, hedging, and equity derivatives trading services to its clients
Brokers and dealers
Provider of stock brokerage services
Brokers and dealers
Provider of mutual funds, IPOs, currencies, stocks, and commodities trading services
Brokers and dealersPublicly listed broking and financial firms based in Mumbai.

Provider of loans, investments, insurance, UPI, and bill payment services
Consumer and sme loans
Provider of investment management, institutional equity, and investment banking services
Investment banks
Stock brokerage firm
Brokers and dealers
Developer of luxury residential properties and infrastructure
Brokers and dealers
Provider of commodity brokerage services
Brokers and dealersThe most-installed Android apps published by brokers and dealers companies headquartered in Mumbai — 42.7M installs between them. 37 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U67110MH2002PLC135075CIN U67200MH2002PTC137373CIN U67120MH2000PLC152193CIN L64920GJ2007PLC058890CIN U99999MH1997PTC110659CIN U65991DL1993PLC052280CIN U65990MH1995GOI085602filed accountsRevenue, profit and growth from the filed annual accounts of 55 brokers and dealers companies in Mumbai, Maharashtra for FY24-25 — 71 of the 116 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.
55 companies filing accounts
10.3% aggregate margin
45 of 55 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
55 companies with accounts for both years; median growth +12%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Royal India CorporationROYAL INDIA CORPORATION LIMITED | +720% | ₹222.73 cr |
| SAL SecuritiesSAL SECURITIES PRIVATE LIMITED | +217% | ₹19.05 cr |
| Rikhav SecuritiesRIKHAV SECURITIES LIMITED | +197% | ₹327.87 cr |
| Sanghavi BullionSANGHAVI BULLION PRIVATE LIMITED | +189% | ₹11,894.90 cr |
| Alacrity SecuritiesALACRITY SECURITIES LIMITED | +68% | ₹574.39 cr |
| NVS BrokerageNVS BROKERAGE PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| 3A Financial Services3A CAPITAL SERVICES LIMITED | 79.5% | ₹54.30 cr |
| RRC FinancialsR R CHOKHANI STOCK BROKERS PRIVATE LIMITED | ||
| Dhanki SecuritiesDHANKI SECURITIES PRIVATE LIMITED | ||
| Vikabh SecuritiesVIKABH SECURITIES PRIVATE LIMITED | 45.9% | ₹376.85 cr |
| NVS BrokerageNVS BROKERAGE PRIVATE LIMITED | ||
| Anvil Share & Stock BrokingANVIL SHARE AND STOCK BROKING PRIVATE LIMITED | 36.0% | ₹91.76 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Brokers and dealers | 49 | ₹19,414.04 cr | ~₹33.6 cr | 82% | 10.2% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Sanghavi BullionSANGHAVI BULLION PRIVATE LIMITED | ₹11,894.90 cr | ₹20.62 cr | 0.2% | +189% |
| HDFC securitiesHDFC SECURITIES LIMITED | ₹3,264.86 cr | ₹1,125.02 cr | 34.5% | +23% |
| Alacrity SecuritiesALACRITY SECURITIES LIMITED | ₹574.39 cr | ₹12.05 cr | 2.1% | +68% |
| Motilal OswalMOTILAL OSWAL WEALTH LIMITED | ₹488.46 cr | |||
| Pashupati Capital ServicesPashupati Capital Services Private Limited | ₹425.10 cr | ₹150.65 cr | 35.4% | +23% |
| PhillipCapitalPHILLIPCAPITAL (INDIA) PRIVATE LIMITED | ₹393.40 cr | ₹69.47 cr | +25% | |
| Vikabh SecuritiesVIKABH SECURITIES PRIVATE LIMITED | ₹376.85 cr | ₹172.93 cr | 45.9% | -0% |
| EmkayEMKAY GLOBAL FINANCIAL SERVICES LIMITED | ₹339.66 cr | ₹58.91 cr | 17.3% | +20% |
| Rikhav SecuritiesRIKHAV SECURITIES LIMITED | ₹327.87 cr | +197% | ||
| Royal India CorporationROYAL INDIA CORPORATION LIMITED | ₹222.73 cr | ₹10.83 cr | 4.9% | +720% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full brokers and dealers landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
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.
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 Mumbai compares. Debt, IPO and grant rounds are excluded.
US$0k
US$0k
0 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date.
Each deal appears in the events strip at the top of the page.
Go deeper in the brokers and dealers landscape reports:
AdTech Industry Landscape of Mumbai Auto Industry Landscape of Mumbai Auto Tech Industry Landscape of MumbaiMeet the people behind brokers and dealers companies in Mumbai. 64 of 116 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Brokers and dealers companies in Mumbai with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Brokers and dealersDeveloper of luxury residential properties and infrastructure
Brokers and dealersInvestor in equity, debt, and real estate
Founders
Details not available
Brokers and dealersProvider of investment management services
Brokers and dealersPrice watchlist for bullion trading
Brokers and dealersProvider of stock brokerage services
Brokers and dealersStock brokerage firm
Brokers and dealersProvider of equity broking, mutual fund, and IPO services
Founders
Details not available
Brokers and dealersWealth and investment advisory firm
Brokers and dealersProvider of online share trading and broking services in India
Brokers and dealersSPV Global Trading is a non-banking financial company.
Founders
Details not available
Brokers and dealersStock brokerage firm
Brokers and dealersOnline trading and investment platform
₹222.73 cr in FY24-25 · net ₹10.83 cr · +118% since FY2018
Filed standalone accounts · Royal India Corporation LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net · since FY2017
Filed standalone accounts · Tcfc Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹54.30 cr in FY24-25 · net ₹43.18 cr · +3831% since FY2018
Filed standalone accounts · 3A Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹11,894.90 cr in FY24-25 · net ₹20.62 cr · +170% since FY2018
Filed standalone accounts · Sanghavi Bullion Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Nayan M Vala Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Nvs Brokerage Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Dhanki Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · R R Chokhani Stock Brokers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹444.48 cr in FY23-24 · net ₹73.73 cr · +177% since FY2017
Filed consolidated accounts · Nirmal Bang Securities Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹24.05 cr in FY24-25 · net −₹2.19 lakh · +139% since FY2018
Filed standalone accounts · Spv Global Trading LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹203.45 cr in FY24-25 · net ₹6.01 cr · +22659% since FY2018
Filed standalone accounts · Globe Multi Ventures LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,264.86 cr in FY24-25 · net ₹1,125.02 cr · +308% since FY2018
Filed standalone accounts · Hdfc Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Brokers and dealersProvider of stock brokerage services
Consumer and sme loansInvestment banking and SME financing services
Brokers and dealersFinancial services company that provides online trading platforms, investment products, and research analysis to individuals and institutional clients

Brokers and dealersOnline platform for trading in the stock market
₹488.46 cr in FY24-25 · net · +371% since FY2018
Filed standalone accounts · Motilal Oswal Wealth LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹484.10 cr in FY24-25 · net ₹87.13 cr · +46% since FY2018
Filed consolidated accounts · A K Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY22-23 · net · -99% since FY2016
Filed standalone accounts · Iragecapital Advisory Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Brokers and dealers companies in Mumbai founded in the last four years, newest first.
Brokers and dealersProvider of currency brokerage services
Founders
Details not available
Brokers and dealersDigital wealth manager offering a range of investment products and solutions
Brokers and dealersProvider of trading platforms and investment options, including IPOs
Brokers and dealersHome - THRILLING SECURITIES PRIVATE LIMITED
Founders
Details not available
Brokers and dealersFirm focusing on discretionary trading
Founders
Details not available
Brokers and dealersFinancial services company offering a range of investment and trading solutions
Founders
Details not available
in FY24-25 · net · since FY2021
Filed standalone accounts · Meerut Road Carriers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹0.03 lakh · -21% since FY2024
Filed standalone accounts · Thrilling Securities Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Consumer and sme loansProvider of loans, investments, insurance, UPI, and bill payment services
Brokers and dealersProvider of brokerage & consulting services
Founders
Details not available
Brokers and dealersOnline trading and investment platform
Investment banksProvider of investment management, institutional equity, and investment banking services
Brokers and dealersStock brokerage firm
Founders
Details not available
Brokers and dealersProvider of financial trade brokerage services
Brokers and dealersProvider of stock brokerage services
Brokers and dealersRetail broker
Brokers and dealersProvider of commodity brokerage services
Brokers and dealersInvestor in equity, debt, and real estate
Founders
Details not available
Brokers and dealersKBS India is an asset management company that provides stock market investment solutions.
Founders
Details not available
Brokers and dealersProvider of mutual funds, IPOs, currencies, stocks, and commodities trading services
₹40,723.75 cr in FY24-25 · net ₹3,381.89 cr · +199% since FY2018
Filed consolidated accounts · Aditya Birla Capital LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹327.87 cr in FY24-25 · net · +2574% since FY2018
Filed standalone accounts · Rikhav Securities Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,264.86 cr in FY24-25 · net ₹1,125.02 cr · +308% since FY2018
Filed standalone accounts · Hdfc Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹339.66 cr in FY24-25 · net ₹58.91 cr · +155% since FY2018
Filed standalone accounts · Emkay Global Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹68.78 cr in FY24-25 · net ₹23.64 cr · +803% since FY2018
Filed standalone accounts · Systematix Corporate Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹34.66 cr in FY21-22 · net · +1877% since FY2015
Filed standalone accounts · Pro Fin Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹488.46 cr in FY24-25 · net · +371% since FY2018
Filed standalone accounts · Motilal Oswal Wealth LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹33.69 cr in FY24-25 · net ₹4.61 cr · -63% since FY2018
Filed standalone accounts · Comfort Commotrade LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net · since FY2017
Filed standalone accounts · Tcfc Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹42.90 cr in FY24-25 · net ₹15.11 lakh · +49% since FY2018
Filed standalone accounts · Inventure Growth And Securities LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among brokers and dealers companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.
10 brokers and dealers companies in Mumbai work in asset management. Shown: the best-documented.
Brokers and dealersProvider of trading, brokerage, and quants research services

Brokers and dealersWealth and investment advisory firm
Brokers and dealersFull-service investment banking firm
Consumer and sme loansProvider of loans, investments, insurance, UPI, and bill payment services
Investment banksProvider of investment management, institutional equity, and investment banking services
Services for investment industryProvider of trading and investment services
Brokers and dealersProvider of portfolio management, stock broking, and trading services
Asset managementInvestment management and trading firm
Asset managementProvider of trading and investment services across multiple asset classes
Founders
Details not available
Provider of trading and investment services across multiple financial instruments
Founders
Details not available
₹376.85 cr in FY24-25 · net ₹172.93 cr · +1010% since FY2018
Filed standalone accounts · Vikabh Securities Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · R R Chokhani Stock Brokers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹89.71 cr in FY24-25 · net ₹11.23 cr · +13498% since FY2018
Filed standalone accounts · Choice Insurance Broking India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹40,723.75 cr in FY24-25 · net ₹3,381.89 cr · +199% since FY2018
Filed consolidated accounts · Aditya Birla Capital LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹339.66 cr in FY24-25 · net ₹58.91 cr · +155% since FY2018
Filed standalone accounts · Emkay Global Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹74.09 cr in FY23-24 · net ₹3.71 cr · +951% since FY2019
Filed standalone accounts · Vistar Amar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Mideast Portfolio Management LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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