Who are the largest brokerage firms in India?

Data for March 2021 (XLS) -

Symbol Meaning| :large_blue_circle: - No change| :green_circle: - Moved up| :red_circle: - Moved down| :yellow_circle: - Newly added|

S.No. Trading Member Name (aka Name of Stock Broker) Active Clients Since last month Change
1 ZERODHA BROKING LIMITED 3602074 +211015 :large_blue_circle:
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 2141095 +180234 :large_blue_circle:
3 ICICI SECURITIES LIMITED 1580233 +144877 :green_circle:
4 ANGEL BROKING LIMITED 1564667 +110500 :red_circle:
5 HDFC SECURITIES LTD. 957085 +12994 :large_blue_circle:
6 5PAISA CAPITAL LIMITED 870405 +24526 :large_blue_circle:
7 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 780570 +124051 :green_circle:
8 KOTAK SECURITIES LTD. 743206 +25548 :red_circle:
9 SHAREKHAN LTD. 679333 +2702 :red_circle:
10 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 564034 +20723 :large_blue_circle:
11 AXIS SECURITIES LIMITED 454882 +15609 :large_blue_circle:
12 SBICAP SECURITIES LIMITED 329099 +6746 :large_blue_circle:
13 IIFL SECURITIES LIMITED 291730 +4227 :large_blue_circle:
14 GEOJIT FINANCIAL SERVICES LIMITED 201206 +4205 :large_blue_circle:
15 EDELWEISS BROKING LIMITED 157254 +56 :large_blue_circle:
16 SMC GLOBAL SECURITIES LTD. 135863 +148 :large_blue_circle:
17 RELIGARE BROKING LIMITED 132939 +3084 :large_blue_circle:
18 ALICE BLUE FIN SVCS P LTD 125223 +6117 :green_circle:
19 NIRMAL BANG SECURITIES PVT. LTD. 123213 -555 :red_circle:
20 RELIANCE SECURITIES LIMITED 117307 -492 :large_blue_circle:
21 MARWADI SHARES AND FINANCE LIMITED 107493 -1556 :large_blue_circle:
22 VENTURA SECURITIES LTD. 96431 +1361 :large_blue_circle:
23 PAYTM MONEY LTD. 85827 +15948 :green_circle:
24 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 85569 +774 :red_circle:
25 SAMCO SECURITIES LIMITED 77173 +737 :red_circle:
26 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 70191 -4157 :red_circle:
27 ASTHA CREDIT & SECURITIES ยง LTD 69890 -103 :red_circle:
28 CHOICE EQUITY BROKING PRIVATE LIMITED 67804 +7133 :green_circle:
29 TRADEBULLS SECURITIES ยง LTD. 65460 -1406 :red_circle:
30 ADITYA BIRLA MONEY LIMITED 55562 +520 :large_blue_circle:
31 MONARCH NETWORTH CAPITAL LIMITED 54680 +539 :large_blue_circle:
32 SWASTIKA INVESTMART LIMITED 54069 +1175 :large_blue_circle:
33 IDBI CAPITAL MARKETS & SECURITIES LTD. 50510 -397 :large_blue_circle:
34 PROFITMART SECURITIES PRIVATE LIMITED 49790 +3180 :green_circle:
35 JM FINANCIAL SERVICES LIMITED 48998 +370 :large_blue_circle:
36 MASTER CAPITAL SERVICES LIMITED 48645 -282 :red_circle:
37 NJ INDIA INVEST PRIVATE LIMITED 48200 +964 :red_circle:
38 SHCIL SERVICES LIMITED 45571 +1066 :large_blue_circle:
39 BONANZA PORTFOLIO LTD. 44287 +452 :large_blue_circle:
40 JHAVERI SECURITIES LIMITED 40992 -679 :large_blue_circle:
41 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 40176 -494 :large_blue_circle:
42 DHANI STOCKS LIMITED 39644 +598 :green_circle:
43 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 39481 +221 :red_circle:
44 GOODWILL WEALTH MANAGEMENT PVT LTD 37840 +932 :large_blue_circle:
45 GLOBE CAPITAL MARKET LIMITED 36913 +982 :green_circle:
46 VNS FINANCE & CAPITAL SERVICES LTD. 36808 -9 :red_circle:
47 ARIHANT CAPITAL MARKETS LIMITED 36489 +28 :red_circle:
48 FYERS SECURITIES PRIVATE LIMITED 35963 +2437 :green_circle:
49 SHAH INVESTORS HOME LIMITED 33194 -518 :red_circle:
50 PRABHUDAS LILLADHER PVT. LTD. 32551 +449 :large_blue_circle:
51 SURESH RATHI SECURITIES PRIVATE LIMITED 30895 -1191 :large_blue_circle:
52 SHRI PARASRAM HOLDINGS PVT. LTD. 30563 -1099 :large_blue_circle:
53 LKP SECURITIES LTD. 29588 +1167 :large_blue_circle:
54 WAY2WEALTH BROKERS PRIVATE LIMITED 28015 +336 :large_blue_circle:
55 SHRIRAM INSIGHT SHARE BROKERS LIMITED 27135 +198 :large_blue_circle:
56 ACML CAPITAL MARKETS LIMITED 25224 -277 :large_blue_circle:
57 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 23944 +240 :large_blue_circle:
58 ECONO BROKING PRIVATE LIMITED 22988 +1232 :green_circle:
59 NAVIA MARKETS LTD. 22257 -553 :red_circle:
60 KIFS TRADE CAPITAL PRIVATE LIMITED 21161 -640 :red_circle:
61 PRUDENT BROKING SERVICES PRIVATE LIMITED 19415 -755 :large_blue_circle:
62 YES SECURITIES (INDIA) LIMITED 18248 +527 :large_blue_circle:
63 SOUTH ASIAN STOCKS LTD. 17878 +372 :large_blue_circle:
64 ALANKIT IMAGINATIONS LIMITED 17437 +167 :large_blue_circle:
65 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 16616 +626 :large_blue_circle:
66 ZEN SECURITIES LTD. 15631 +70 :green_circle:
67 ASHIKA STOCK BROKING LTD. 15520 +211 :green_circle:
68 GOLDMINE STOCKS PRIVATE LIMITED 15355 -400 :red_circle:
69 CANARA BANK SECURITIES LIMITED 14862 +54 :large_blue_circle:
70 STEEL CITY SECURITIES LTD. 14272 +126 :green_circle:
71 NARNOLIA FINANCIAL ADVISORS LIMITED 13910 -823 :red_circle:
72 PHILLIPCAPITAL (INDIA) PVT. LTD 13894 -8 :large_blue_circle:
73 ACUMEN CAPITAL MARKET (INDIA) LTD 13821 +203 :large_blue_circle:
74 MONEYWISE FINVEST LIMITED 13551 +650 :green_circle:
75 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13215 -96 :red_circle:
76 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 13111 -114 :red_circle:
77 ISS ENTERPRISE LIMITED 12903 -262 :red_circle:
78 SYKES & RAY EQUITIES (I) LTD. 12312 -33 :green_circle:
79 FINVASIA SECURITIES PRIVATE LIMITED 12018 +777 :green_circle:
80 HEM FINLEASE PVT. LTD. 12012 +182 :large_blue_circle:
81 TRUSTLINE SECURITIES LIMITED 11735 +102 :large_blue_circle:
82 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 11516 +265 :large_blue_circle:
83 WEALTH INDIA FINANCIAL SERVICES PVT LTD 11429 +548 :green_circle:
84 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 11377 -1365 :red_circle:
85 NINE STAR BROKING PRIVATE LIMITED 10596 -328 :red_circle:
86 LATIN MANHARLAL SECURITIES PVT. LTD. 10548 -129 :green_circle:
87 PCS SECURITIES LTD. 10427 +46 :green_circle:
88 BHANSALI VALUE CREATIONS PRIVATE LIMITED 10397 -476 :red_circle:
89 INVENTURE GROWTH & SECURITIES LIMITED 10191 -23 :large_blue_circle:
90 SSJ FINANCE & SECURITIES PVT. LTD. 10172 +14 :large_blue_circle:
91 PUNE E STOCK BROKING PRIVATE LIMITED 10125 -31 :large_blue_circle:
92 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 10025 -103 :large_blue_circle:
93 GEPL CAPITAL PRIVATE LIMITED 9802 +185 :green_circle:
94 BP EQUITIES PRIVATE LIMITED 9536 -116 :red_circle:
95 R WADIWALA SECURITIES PVT. LTD. 8954 โ€” :yellow_circle:
96 JK SECURITIES PVT. LTD. 8931 โ€” :yellow_circle:
97 RUDRA SHARES & STOCK BROKERS LIMITED 8836 -9 :red_circle:
98 B N RATHI SECURITIES LIMITED 8763 +362 :green_circle:
99 LSC SECURITIES LIMITED 8697 +59 :red_circle:
100 INDIRA SECURITIES PRIVATE LIMITED 8554 +76 :red_circle:
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