Who are the largest brokerage firms in India?

As on Feb 28th 2018

1 ICICI SECURITIES LIMITED 791548
2 HDFC SECURITIES LTD. 590936
3 SHAREKHAN LTD. 529863
4 ZERODHA 507965
5 AXIS SECURITIES LIMITED 395830
6 KOTAK SECURITIES LTD. 359414
7 ANGEL BROKING PRIVATE LIMITED 354995
8 MOTILAL OSWAL SECURITIES LTD. 302299
9 KARVY STOCK BROKING LTD. 238959
10 INDIA INFOLINE LTD. 222662
11 SBICAP SECURITIES LIMITED 215547
12 GEOJIT FINANCIAL SERVICES LIMITED 183790
13 RELIGARE SECURITIES LTD. 144426
14 RELIANCE SECURITIES LIMITED 121743
15 EDELWEISS BROKING LIMITED 103830
16 SMC GLOBAL SECURITIES LTD. 101550
17 NIRMAL BANG SECURITIES PVT. LTD. 94513
18 VENTURA SECURITIES LTD. 82829
19 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 77780
20 TRADEBULLS SECURITIES (P) LTD. 68759
21 MONARCH NETWORTH CAPITAL LIMITED 55809
22 ADITYA BIRLA MONEY LIMITED 55266
23 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 52355
24 INDIABULLS VENTURES LTD. 49918
25 BONANZA PORTFOLIO LTD. 45825
26 MASTER CAPITAL SERVICES LIMITED 45306
27 RKSV SECURITIES INDIA PRIVATE LIMITED 41608
28 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 40686
29 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 38558
30 JM FINANCIAL SERVICES LIMITED 38139
31 JHAVERI SECURITIES LIMITED 36676
32 SHRI PARASRAM HOLDINGS PVT. LTD. 36556
33 SHAH INVESTOR’S HOME LIMITED 35553
34 IDBI CAPITAL MARKETS & SECURITIES LTD. 34844
35 5PAISA CAPITAL LIMITED 32174
36 ARIHANT CAPITAL MARKETS LIMITED 31794
37 SHRIRAM INSIGHT SHARE BROKERS LIMITED 31618
38 BMA WEALTH CREATORS LIMITED 29187
39 WAY2WEALTH BROKERS PRIVATE LIMITED 29097
40 SAMCO SECURITIES LIMITED 28972
41 LKP SECURITIES LTD. 28800
42 SURESH RATHI SECURITIES PRIVATE LIMITED 28348
43 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 26468
44 GLOBE CAPITAL MARKET LIMITED 26223
45 SWASTIKA INVESTMART LIMITED 25106
46 EUREKA STOCK & SHARE BROKING SERVICES LIMITED 23555
47 KIFS TRADE CAPITAL PRIVATE LIMITED 23544
48 ALANKIT ASSIGNMENTS LTD. 21570
49 ASE CAPITAL MARKETS LTD. 20917
50 PRABHUDAS LILLADHER PVT. LTD. 19723
51 SHCIL SERVICES LIMITED 19435
52 VNS FINANCE & CAPITAL SERVICES LTD. 19050
53 PRUDENT BROKING SERVICES PRIVATE LIMITED 18695
54 ASHIKA STOCK BROKING LTD. 17345
55 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 17248
56 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 17155
57 GOLDMINE STOCKS PRIVATE LIMITED 16575
58 ISE SECURITIES & SERVICES LIMITED 15380
59 STEEL CITY SECURITIES LTD. 15222
60 INDIANIVESH SECURITIES LTD. 14380
61 CHOICE EQUITY BROKING PRIVATE LIMITED 14334
62 INDITRADE CAPITAL LIMITED 14115
63 NJ INDIA INVEST PRIVATE LIMITED 13507
64 PHILLIPCAPITAL (INDIA) PVT. LTD 13446
65 TRUSTLINE SECURITIES LIMITED 12984
66 BGSE FINANCIALS LIMITED 12914
67 SS CORPORATE SECURITIES LIMITED 12774
68 BANSAL FINSTOCK PRIVATE LIMITED 12755
69 SSJ FINANCE & SECURITIES PVT. LTD. 11777
70 SOUTH ASIAN STOCKS LTD. 11700
71 HEM FINLEASE PVT. LTD. 11693
72 FAIRWEALTH SECURITIES LIMITED 11388
73 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 11358
74 PCS SECURITIES LTD. 11331
75 KUNVARJI FINSTOCK PVT. LTD. 11282
76 DBFS SECURITIES LIMITED 11252
77 YES SECURITIES (INDIA) LIMITED 10857
78 NINE STAR BROKING PRIVATE LIMITED 10687
79 R K GLOBAL SHARES & SECURITIES LIMITED 10182
80 SHREE BAHUBALI INTERNATIONAL LTD. 9875
81 MICROSEC CAPITAL LIMITED 9809
82 MANGAL KESHAV SECURITIES LTD. 9764
83 CANARA BANK SECURITIES LIMITED 9735
84 LSC Securities Limited 9647
85 BP EQUITIES PRIVATE LIMITED 9524
86 GUINESS SECURITIES LIMITED 8859
87 STANDARD CHARTERED SECURITIES (INDIA) LIMITED 8807
88 KISAN RATILAL CHOKSEY SHARES AND SECURITIES PRIVATE LIMTIED 8654
89 CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED 8409
90 ANUGRAH STOCK & BROKING PVT. LTD. 8381
91 MANSUKH SECURITIES & FINANCE LIMITED 8319
92 INTIME EQUITIES LIMITED 8281
93 B N RATHI SECURITIES LIMITED 8139
94 JOINDRE CAPITAL SERVICES LTD 8119
95 DEALMONEY SECURITIES PRIVATE LIMITED 7743
96 RUDRA SHARES & STOCK BROKERS LIMITED 7688
97 JK SECURITIES PVT. LTD. 7577
98 PACE STOCK BROKING SERVICES PRIVATE LIMITED 7365
99 VRISE SECURITIES PRIVATE LIMITED 7313
100 NAVIA MARKETS LTD. 7286
101 SUNIDHI SECURITIES & FINANCE LIMITED 7203
102 SHAREWEALTH SECURITIES LIMITED 7178
103 INDBANK MERCHANT BANKING SERVICES LTD. 7173
104 INVENTURE GROWTH & SECURITIES LIMITED 7138
105 INDIRA SECURITIES PRIVATE LIMITED 7020
106 COIMBATORE CAPITAL LIMITED 6965
107 MPSE SECURITIES LIMITED 6904
108 IFCI FINANCIAL SERVICES LIMITED 6810
109 RAJVI STOCK BROKING PRIVATE LIMITED 6651
110 CHOLAMANDALAM SECURITIES LIMITED 6618
111 SPFL SECURITIES LIMITED 6527
112 PROFITMART SECURITIES PRIVATE LIMITED 6396
113 ELITE WEALTH ADVISORS LIMITED 5966
114 CELEBRUS CAPITAL LIMITED 5935
115 WELLWORTH SHARE & STOCK BROKING LIMITED 5902
116 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 5890
117 SKSE SECURITIES LTD. 5746
118 ASTHA CREDIT & SECURITIES (P) LTD 5628
119 SYSTEMATIX SHARES & STOCKS (INDIA) LTD. 5617
120 SHREE KANHA STOCK BROKING PVT. LTD 5572
121 CONSORTIUM SECURITIES PRIVATE LTD. 5487
122 ACUMEN CAPITAL MARKET (INDIA) LTD 5421
123 AMRAPALI AADYA TRADING & INVESTMENT PRIVATE LIMITED 5393
124 MUTHOOT SECURITIES LTD. 5348
125 INDUS PORTFOLIO (P) LTD 5258
126 ALICE BLUE SECURITIES PVT. LTD. 5133
127 PROGRESSIVE SHARE BROKERS PRIVATE LIMITED 4931
128 GOODWILL WEALTH MANAGEMENT PVT LTD 4690
129 TRADESWIFT BROKING PRIVATE LIMITED 4301
130 PEERLESS SECURITIES LIMITED 4229
131 DALAL & BROACHA STOCK BROKING PVT. LTD 4143
132 EXCLUSIVE SECURITIES LTD. 4118
133 ZUARI INVESTMENTS LTD. 3949
134 C D INTEGRATED SERVICES LTD. 3722
135 C.D. EQUISEARCH PVT. LTD 3713
136 GCL SECURITIES PVT LTD 3676
137 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 3669
138 SKP SECURITIES LTD. 3563
139 SATCO CAPITAL MARKETS LIMITED 3498
140 ASHLAR SECURITIES PRIVATE LIMITED 3494
141 DB (INTERNATIONAL) STOCK BROKERS LTD. 3481
142 FRR SHARES AND SECURITIES LIMITED 3431
143 DAYCO SECURITIES PVT. LTD. 3399
144 VIKSON SECURITIES PRIVATE LIMITED 3378
145 KAYNET FINANCE LIMITED 3284
146 A C AGARWAL SHARE BROKERS PVT LTD 3212
147 INTEGRATED MASTER SECURITIES PVT. LTD. 3188
148 JYOTI PORTFOLIO PRIVATE LIMITED 3111
149 ABHIPRA CAPITAL LTD. 3085
150 ATS SHARE BROKERS PRIVATE LIMITED 3046
151 NG RATHI INVESTRADES PRIVATED LIMITED 2928
152 SHILPA STOCK BROKER PRIVATE LIMITED 2923
153 WEALTH MANTRA LIMITED 2881
154 MONEYCARE SECURITIES & FINANCIAL SERVICES LTD. 2876
155 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2838
156 FAIR INTERMEDIATE INVESTMENTS PVT. LTD. 2796
157 A . G. SHARES & SECURITIES LTD. 2792
158 JUST TRADE SECURITIES LIMITED 2721
159 EASTERN FINANCIERS LTD 2641
160 MULTIPLEX CAPITAL LTD. 2593
161 AMBALAL SHARES & STOCKS PRIVATE LIMITED 2423
162 NDA SECURITIES LTD. 2404
163 COMPETENT FINMAN PVT. LTD. 2400
164 ALMONDZ GLOBAL SECURITIES LTD. 2363
165 JKB FINANCIAL SERVICES LIMITED 2335
166 SUNLIGHT BROKING LLP 2307
167 BASAN EQUITY BROKING LIMITED 2280
168 PINNACLE FOREX AND SECURITIES PRIVATE LIMITED 2238
169 R.L.P. SECURITIES PVT. LTD. 2222
170 BHARAT BHUSHAN EQUITY TRADERS LTD. 2194
171 MOTISONS SHARES PRIVATE LIMITED 2108
172 RAGHUNANDAN CAPITAL PRIVATE LIMITED 1999
173 CIL SECURITIES LTD. 1918
174 FINVASIA SECURITIES PRIVATE LIMITED 1910
175 AASMAA SECURITIES PRIVATE LIMITED 1803
176 ESCORTS SECURITIES LTD. 1797
177 MLB CAPITAL PRIVATE LIMITED 1781
178 AJMERA ASSOCIATES LTD. 1691
179 FYERS SECURITIES 1687
180 F6 FINSERVE PRIVATE LIMITED 1675
181 COMFORT SECURITIES LIMITED 1645
182 TR CAPITAL LIMITED 1619
183 ARHAM WEALTH MANAGEMENT PVT LTD 1521
184 SW CAPITAL PRIVATE LIMITED 1514
185 PSB SECURITIES LIMITED 1505
186 NAKAMICHI SECURITIES LTD 1484
187 ACHIIEVERS EQUITIES LIMITED 1482
188 BADJATE STOCK AND SHARES PRIVATE LIMITED 1463
189 NARAYAN SECURITIES LIMITED 1453
190 J M GLOBAL EQUITIES PRIVATE LIMITED 1415
191 ARTHA VRDDHI SECURITIES LIMITED 1412
192 EAST INDIA SECURITIES LTD. 1349
193 TIPSONS STOCK BROKERS PRIVATE LIMITED 1347
194 ANMOL SHARE BROKING LTD 1317
195 COMPOSITE SECURITIES LTD. 1312
196 GROVALUE SECURITIES PVT LTD 1290
197 MAX STOCK BROKING PRIVATE LIMITED 1181
198 SKUNG TRADELINK LIMITED 1179
199 VERACITY FINANCIAL SERVICES PVT LTD 1151
200 C. M. GOENKA STOCK BROKERS PVT. LTD. 1092
201 KHANDWALA SECURITIES LTD. 1067
202 BEZEL STOCK BROKERS PRIVATE LIMITED 1062
203 BERKELEY SECURITIES LIMITED 1048
204 SHARAVU FINANCIAL PVT. LTD. 1011
205 UPSE SECURITIES LIMITED 993
206 GREENBUCKS SECURITIES PRIVATE LIMITED 989
207 BCB BROKERAGE PRIVATE LIMITED 987
208 KSBL SECURITIES LIMITED 979
209 MAXGROWTH CAPITAL PRIVATE LIMITED 969
210 ACEMONEY INTERMEDIARIES PRIVATE LIMITED 952
211 ADWEALTH STOCK BROKING PRIVATE LIMITED 950
212 VARDHAMAN CAPITAL PVT. LTD 939
213 STAR FINVEST PVT. LTD. 925
214 JALAN & CO 887
215 QUANTUM GLOBAL SECURITIES LIMITED 878
216 LFS BROKING PRIVATE LIMITED 830
217 WEALTH DISCOVERY SECURITIES PVT. LTD. 750
218 EDELWEISS SECURITIES LIMITED 720
219 ALICE BLUE FINANCIAL SERVICES 709
220 SARAVANA STOCKS PRIVATE LIMITED 706
221 PURE BROKING PRIVATE LIMITED 696
222 CREDENTIAL STOCK BROKERS LIMITED 647
223 FICUS SECURITIES PRIVATE LIMITED 643
224 ACHINTYA SECURITIES PRIVATE LIMITED 598
225 RR EQUITY BROKERS PVT. LTD. 563
226 ACTION FINANCIAL SERVICES (INDIA) LIMITED 558
227 MSE FINANCIAL SERVICES LTD. 549
228 QUANTUM SECURITIES PVT. LTD. 545
229 DSE FINANCIAL SERVICES LTD. 543
230 L.D.K. SHARES & SECURITIES PRIVATE LIMITED 500
231 DAULAT SECURITIES LTD. 491
232 SHAVETA STOCK & SECURITIES PVT. LTD. 491
233 INDO JATALIA SECURITIES PRIVATE LIMITED 436
234 SHIVMANGAL SECURITIES PRIVATE LIMITED 414
235 CPR CAPITAL SERVICES LTD. 392
236 UNITED SHARE BROKERS LTD 383
237 FIRST GLOBAL STOCKBROKING PVT.LTD. 363
238 PREM SOMANI SHARE BROKERS PVT. LTD. 354
239 PUMARTH CREDIT & CAPITAL LTD. 347
240 RAHUL SINGHAL PORTFOLIO 336
241 PRRSAAR 334
242 INVESTSMART STOCK BROKERS PVT. LTD. 314
243 ALTINA SECURITIES PVT. LTD 305
244 BEST BULL STOCK TRADING 304
245 PROFICIENT EQUITIES PRIVATE LIMITED 286
246 ISHTA SECURITIES 262
247 VINIT ENTERPRISES 251
248 123 CAPITALS 250
249 ALLIED FINANCIAL SERVICES PVT LTD 222
250 SIC STOCKS & SERVICES PRIVATE LIMITED 210
251 STOCKS & SECURITIES (BANGALORE) PVT. LTD. 203
252 AMRUTLEELA EQUITIES PRIVATE LIMITED 202
253 AFN LANGRANA SHARE & STOCK BROKERS P. LTD 200
254 SODHANI SECURITIES LTD. 179
255 4A SECURITIES LIMITED 178
256 I VENTURES CAPITAL PRIVATE LIMITED 177
257 REFLECTION INVESTMENTS 161
258 INNOVATIVE CONSULTANTS 155
259 SAMRIDHI STOCKS PVT. LTD. 142
260 KRISHA INCAP SERVICES PVT.LTD. 97
261 PUG SECURITIES PRIVATE LIMITED 88
262 RELIGARE CAPITAL MARKETS LIMITED 81
263 CROWN MONEY 70
264 MUNOTH CAPITAL MARKET LTD 63
265 TRADE CITY SECURITIES PRIVATE LIMITED 60
266 HORIZON PORTFOLIO LTD. 54
267 SHAREWAY SECURITIES LTD. 54
268 SWAN SECURITIES PVT. LTD. 51
269 SURYA SHAKTI INDIA FINANCIAL PVT. LTD. 42
270 KORP SECURITIES LTD 39
271 GOLDEN STOCK BROKERS PRIVATE LIMITED 38
272 TRADEHIFI STOCK BROKING PRIVATE LIMITED 31
273 TRADENEXT SECURITIES LTD 28
274 K DAMANI SECURITIES PRIVATE LIMITED 17
275 ANGEL SECURITIES LTD 15
276 PRB SECURITIES PRIVATE LTD. 13
277 IDBI BANK LIMITED 4
278 ZERODHA SECURITIES PRIVATE LIMITED 1
279 ICICI SECURITIES PRIMARY DEALERSHIP LIMITED 1
280 BHARAT RASAYAN FINANCE LTD 1
281 JAYPEE CAPITAL SERVICES LTD. 1
282 AXIS BANK LTD. 1
283 WADHWA SECURITIES LIMITED 1
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