Who are the largest brokerage firms in India?

NSE Data for November 2025 (Archived) -

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 Groww Invest Tech Private Limited 12087390 +41883 :large_blue_circle:
2 Zerodha Broking Limited 6924367 -99485 :large_blue_circle:
3 Angel One Limited 6795031 -55718 :large_blue_circle:
4 Upstox Securities Private Limited 2152502 -65398 :large_blue_circle:
5 Icici Securities Limited 2006533 +18632 :large_blue_circle:
6 Hdfc Securities Ltd. 1480089 -21265 :large_blue_circle:
7 Kotak Securities Ltd. 1374024 -18646 :large_blue_circle:
8 Sbicap Securities Limited 1112822 +29671 :large_blue_circle:
9 Moneylicious Securities Private Limited 979532 +49 :large_blue_circle:
10 Motilal Oswal Financial Services Limited 923329 -5867 :large_blue_circle:
11 Paytm Money Ltd. 827613 +22047 :large_blue_circle:
12 Indstocks Private Limited 709515 -20726 :large_blue_circle:
13 Sharekhan Ltd. 548013 -8249 :large_blue_circle:
14 Axis Securities Limited 393704 +4247 :large_blue_circle:
15 Iifl Capital Services Ltd. 367299 -5746 :large_blue_circle:
16 5paisa Capital Limited 358981 -7366 :large_blue_circle:
17 Mirae Asset Capital Markets ( India ) Private Limited 293378 -8115 :large_blue_circle:
18 Choice Equity Broking Private Limited 265410 +1867 :green_circle:
19 Phonepe Wealth Broking Private Limited 264868 -11839 :red_circle:
20 Geojit Investments Limited 220539 -3632 :large_blue_circle:
21 Fyers Securities Private Limited 207225 -3893 :large_blue_circle:
22 Smc Global Securities Ltd. 159825 +93 :large_blue_circle:
23 Nuvama Wealth And Investment Limited. 145352 -1406 :large_blue_circle:
24 Anand Rathi Share And Stock Brokers Limited 143502 +1637 :large_blue_circle:
25 Religare Broking Limited 139487 -878 :large_blue_circle:
26 Nirmal Bang Securities Pvt. Ltd. 137672 -879 :large_blue_circle:
27 Jainam Broking Limited 132297 +1854 :green_circle:
28 Marwadi Shares And Finance Limited 131350 +673 :red_circle:
29 Jm Financial Services Limited 115189 +469 :green_circle:
30 Finvasia Securities Private Limited 111994 -6204 :red_circle:
31 Ventura Securities Limited 102934 -1264 :large_blue_circle:
32 Alice Blue Fin Svcs P Ltd 96167 -1743 :large_blue_circle:
33 Yes Securities (india) Limited 82373 +2064 :large_blue_circle:
34 Tradebulls Securities (p) Ltd. 77231 +264 :green_circle:
35 Nj India Invest Private Limited 74847 -342 :green_circle:
36 Aditya Birla Money Limited 74494 -2645 :red_circle:
37 Stockholding Services Limited 73250 +189 :large_blue_circle:
38 Nu Investors Technologies Private Limited 60680 -2104 :large_blue_circle:
39 Master Capital Services Limited 60521 -139 :large_blue_circle:
40 Aaritya Broking Private Ltd 60413 – :yellow_circle:
41 Bajaj Financial Securities Ltd. 58470 +1724 :green_circle:
42 Idbi Capital Markets & Securities Ltd. 58236 +312 :red_circle:
43 Globe Capital Market Limited 56999 -481 :red_circle:
44 Swastika Investmart Limited 56437 -976 :red_circle:
45 Bonanza Portfolio Ltd. 53549 +65 :large_blue_circle:
46 Samco Securities Limited 52924 -1130 :red_circle:
47 Arihant Capital Markets Limited 51462 +284 :green_circle:
48 Reliance Securities Limited 51182 -544 :red_circle:
49 Monarch Networth Capital Limited 48633 +100 :large_blue_circle:
50 Integrated Enterprises (india) Private Limited 47858 +170 :large_blue_circle:
51 Prabhudas Lilladher Pvt. Ltd. 45215 -306 :large_blue_circle:
52 Suresh Rathi Securities Private Limited 43569 +509 :large_blue_circle:
53 Moneywise Finvest Limited 41332 +4648 :large_blue_circle:
54 Flattrade Broking Private Limited 36787 +174 :large_blue_circle:
55 Shah Investors Home Limited 36505 +251 :large_blue_circle:
56 Indiabulls Securities Limited (formerly Known As Dhani Stocks Limited) 33828 +203 :large_blue_circle:
57 Shri Parasram Holdings Pvt. Ltd. 33577 – :yellow_circle:
58 Acml Capital Markets Limited 32947 +279 :large_blue_circle:
59 Cholamandalam Securities Limited 29531 -3733 :red_circle:
60 Prudent Corporate Advisory Services Limited 28888 +246 :red_circle:
61 Profitmart Securities Private Limited 28088 -253 :red_circle:
62 Eureka Stock & Share Broking Services Limited 27150 -228 :red_circle:
63 Shriram Insight Share Brokers Limited 26572 -154 :large_blue_circle:
64 Goodwill Wealth Management Pvt Ltd 26508 -637 :red_circle:
65 Lakshmishree Investment & Securities Pvt. Ltd. 25999 -635 :red_circle:
66 Lkp Securities Ltd. 24755 -61 :red_circle:
67 Aionion Capital Market Services Private Limited 24584 +1209 :red_circle:
68 Way2wealth Brokers Private Limited 23011 +226 :red_circle:
69 Univest Stock Broking Private Limited 22864 +2457 :green_circle:
70 Arham Share Private Limited 22473 +708 :red_circle:
71 Kifs Trade Capital Private Limited 21092 +11 :red_circle:
72 Ashika Stock Broking Ltd. 19840 -23 :red_circle:
73 Asit C Mehta Investment Interrmediates Ltd. 19228 +33 :large_blue_circle:
74 Marketwolf Securities Private Limited 18302 +182 :green_circle:
75 Astha Credit & Securities (p) Ltd 18168 -1359 :red_circle:
76 Finwizard Technology Private Limited 18114 -450 :red_circle:
77 B N Rathi Securities Limited 17733 +15 :red_circle:
78 Canara Bank Securities Limited 17343 – :yellow_circle:
79 Steel City Securities Ltd. 16271 -63 :red_circle:
80 Phillipcapital (india) Pvt. Ltd 15801 -26 :red_circle:
81 Bob Capital Markets Limited 15589 -28 :red_circle:
82 Tradesmart Fintech Securities Limited 15242 -202 :red_circle:
83 R Wadiwala Securities Pvt. Ltd. 14403 +21 :red_circle:
84 Alankit Imaginations Limited 14258 -6 :red_circle:
85 Acumen Capital Market (india) Ltd 14223 +23 :red_circle:
86 South Asian Stocks Ltd. 13317 -400 :red_circle:
87 Navia Markets Ltd. 13221 +268 :red_circle:
88 Bhansali Value Creations Private Limited 13202 +472 :large_blue_circle:
89 Rudra Shares & Stock Brokers Ltd 13194 +23 :red_circle:
90 Zebu Share And Wealth Managements Private Limited 12931 +27 :red_circle:
91 Sykes & Ray Equities (i) Ltd. 12566 -24 :red_circle:
92 Bp Equities Private Limited 12511 +80 :red_circle:
93 Sky Commodities India Pvt Ltd 12498 +721 :red_circle:
94 Indbank Merchant Banking Services Ltd. 12443 +97 :red_circle:
95 Tradejini Financial Services Pvt Ltd 12023 +531 :red_circle:
96 Trustline Securities Limited 11377 – :yellow_circle:
97 Emkay Global Financial Services Limited 11265 – :yellow_circle:
98 Kunvarji Finstock Pvt. Ltd. 11241 +80 :red_circle:
99 Pravin Ratilal Share And Stock Brokers Ltd 10995 +46 :red_circle:
100 Enrich Financial Market Private Limited 10782 +102 :red_circle:
101 Jk Securities Pvt. Ltd. 10340 -143 :red_circle:
102 Gepl Capital Private Limited 9876 +23 :red_circle:
103 Lsc Securities Limited 9759 +20 :red_circle:
104 Standard Chartered Securities (india) Limited 8786 -230 :red_circle:
105 Adroit Financial Services Private Limited 8644 -3 :red_circle:
106 Shree Bahubali Stock Broking Ltd 8349 +21 :red_circle:
107 Sunidhi Securities & Finance Limited 8314 +13 :red_circle:
108 A C Agarwal Share Brokers Pvt Ltd 8287 +49 :red_circle:
109 Airan Finstocks Private Limited 8021 +41 :red_circle:
110 Mansukh Securities & Finance Limited 7912 -9 :red_circle:
111 Share India Securities Limited 7734 +44 :red_circle:
112 Progressive Share Brokers Private Limited 7098 -23 :red_circle:
113 Prithvi Finmart Private Limited 6813 -43 :red_circle:
114 Sunlight Broking Llp 6700 +2 :red_circle:
115 R K Global Shares & Securities Limited 6611 -42 :red_circle:
116 Dbfs Securities Limited 6576 -13 :red_circle:
117 Market-hub Stock Broking Private Limited 6522 +173 :red_circle:
118 Rksv Commodities India Private Limited 6368 -192 :red_circle:
119 Mangal Keshav Financial Services Llp 5996 +7 :red_circle:
120 Sunflower Broking Pvt. Ltd. 5725 +124 :red_circle:
121 Definedge Securities Broking Private Limited 5612 +177 :red_circle:
122 Smifs Limited 5515 +13 :red_circle:
123 Ganganagar Commodity Limited 5261 +87 :red_circle:
124 Raghunandan Capital Private Limited 5129 +15 :red_circle:
125 Marfatia Stock Broking Private Limited 5075 +12 :red_circle:
126 Systematix Shares & Stocks (india) Ltd. 5020 -15 :red_circle:
127 Wealthyin Broking Private Limited 4962 +94 :red_circle:
128 Patel Wealth Advisors Pvt Ltd 4803 -23 :red_circle:
129 Peerless Securities Limited 4759 -37 :red_circle:
130 India Advantage Securities Private Limited 4567 +6 :red_circle:
131 Nco Securities & Share Broking (p) Ltd 4563 +68 :red_circle:
132 Pace Stock Broking Services Private Limited 4540 -85 :red_circle:
133 Muthoot Securities Ltd. 4451 +60 :red_circle:
134 Elite Wealth Limited 4352 +10 :red_circle:
135 Mandot Securities Private Limited 4328 -319 :red_circle:
136 Espresso Financial Services Private Limited. 4261 -576 :red_circle:
137 Findoc Investmart Pvt. Ltd. 4197 +65 :red_circle:
138 360 One Distribution Services Limited 4189 +47 :red_circle:
139 Zuari Finserv Limited 4157 -59 :red_circle:
140 Kalpataru Multiplier Ltd. 4001 – :yellow_circle:
141 Ifci Financial Services Limited 3683 -50 :red_circle:
142 Ashlar Securities Private Limited 3396 -33 :red_circle:
143 Centrum Broking Limited 3140 +34 :red_circle:
144 Almondz Global Securities Ltd. 3096 -60 :red_circle:
145 Hensex Securities Private Limited 3036 -113 :red_circle:
146 Julius Baer Wealth Advisors (india) Private Limited 2979 +24 :red_circle:
147 Torus Financial Markets Private Limited 2879 +96 :red_circle:
148 Arham Wealth Management Pvt Ltd 2761 +94 :red_circle:
149 Ats Share Brokers Private Limited 2756 -80 :red_circle:
150 South Gujarat Shares & Sharebrokers Ltd 2552 -20 :red_circle:
151 Kedia Capital Services Private Limited 2338 +23 :red_circle:
152 Ortem Securities Limited 2238 – :yellow_circle:
153 Ghalla Bhansali Stock Brokers Private Limited 2118 -7 :red_circle:
154 Motisons Shares Private Limited 1951 +3 :red_circle:
155 Indo Thai Securities Limited 1818 +8 :red_circle:
156 Axis Capital Limited 1766 – :red_circle:
157 Standard Securities & Investment Intermediates Limited 1763 -39 :red_circle:
158 Cil Securities Ltd. 1571 -6 :red_circle:
159 Intellect Stock Broking Limited 1554 -14 :red_circle:
160 J L Shah Securities Private Limited 1541 -11 :red_circle:
161 Spark Pwm Private Limited 1535 +55 :red_circle:
162 Fair Intermediate Investment Pvt. Ltd. 1481 +6 :red_circle:
163 Tipsons Stock Brokers Private Limited 1327 +17 :red_circle:
164 Abhipra Capital Limited 1316 +2 :red_circle:
165 Bondbazaar Securities Private Limited 1256 +17 :red_circle:
166 Nda Securities Ltd. 1251 -18 :red_circle:
167 A . G. Shares & Securities Ltd. 1227 -5 :red_circle:
168 Interactive Brokers (india) Private Limited 1061 -7 :red_circle:
169 Nnm Securities Pvt. Ltd. 1005 -2 :red_circle:
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