Who are the largest brokerage firms in India?

I think networth is not available in public domain for all companies yet, for pvt limited one can get.

May I know how this numbers are calculated?

NSE portal gives us different number https://www1.nseindia.com/invest/content/arbitration_reports/report_1c_2018_19.htm

You’re looking at 2018-19

Here’s the link
https://www1.nseindia.com/invest/content/arbitration_reports/report_1c_2019_20.htm

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latest list on numbers? @nithin

You can check here. Has last been updated on 30th April. May possibly take a couple of days for May’s data to be updated.

The active clients’ data has been updated as on 31st May 2020. Check here

As on June 2020

1 ZERODHA BROKING LIMITED 1941293
2 ICICI SECURITIES LIMITED 1118835
3 RKSV SECURITIES INDIA PRIVATE LIMITED 777754
4 ANGEL BROKING LIMITED 766811
5 HDFC SECURITIES LTD. 748575
6 KOTAK SECURITIES LTD. 638807
7 5PAISA CAPITAL LIMITED 565778
8 SHAREKHAN LTD. 563191
9 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 412137
10 AXIS SECURITIES LIMITED 302150
11 SBICAP SECURITIES LIMITED 269452
12 IIFL SECURITIES LIMITED 234856
13 KARVY STOCK BROKING LTD. 195465
14 GEOJIT FINANCIAL SERVICES LIMITED 168854
15 EDELWEISS BROKING LIMITED 135450
16 RELIANCE SECURITIES LIMITED 118865
17 SMC GLOBAL SECURITIES LTD. 117618
18 RELIGARE BROKING LIMITED 114003
19 NIRMAL BANG SECURITIES PVT. LTD. 103547
20 MARWADI SHARES AND FINANCE LIMITED 84639
21 VENTURA SECURITIES LTD. 78280
22 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 74118
23 NEXTBILLION TECHNOLOGY PRIVATE LIMITED 73013
24 TRADEBULLS SECURITIES § LTD. 61650
25 SAMCO SECURITIES LIMITED 60418
26 ALICE BLUE FIN SVCS P LTD 60162
27 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 57051
28 IDBI CAPITAL MARKETS & SECURITIES LTD. 51261
29 MONARCH NETWORTH CAPITAL LIMITED 50653
30 ADITYA BIRLA MONEY LIMITED 46343
31 INDIABULLS SECURITIES LIMITED 43466
32 JM FINANCIAL SERVICES LIMITED 42509
33 MASTER CAPITAL SERVICES LIMITED 40473
34 SWASTIKA INVESTMART LIMITED 40201
35 BONANZA PORTFOLIO LTD. 38320
36 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37985
37 CHOICE EQUITY BROKING PRIVATE LIMITED 37918
38 SHCIL SERVICES LIMITED 33659
39 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 33480
40 ASTHA CREDIT & SECURITIES § LTD 32516
41 ARIHANT CAPITAL MARKETS LIMITED 31727
42 GLOBE CAPITAL MARKET LIMITED 31313
43 NJ INDIA INVEST PRIVATE LIMITED 29832
44 VNS FINANCE & CAPITAL SERVICES LTD. 28208
45 SHRI PARASRAM HOLDINGS PVT. LTD. 26692
46 GOODWILL WEALTH MANAGEMENT PVT LTD 26634
47 PRABHUDAS LILLADHER PVT. LTD. 26188
48 SHRIRAM INSIGHT SHARE BROKERS LIMITED 25987
49 LKP SECURITIES LTD. 25967
50 SURESH RATHI SECURITIES PRIVATE LIMITED 25959
51 PROFITMART SECURITIES PRIVATE LIMITED 25714
52 ACML CAPITAL MARKETS LIMITED 20091
53 KIFS TRADE CAPITAL PRIVATE LIMITED 19249
54 PRUDENT BROKING SERVICES PRIVATE LIMITED 19248
55 FYERS SECURITIES PRIVATE LIMITED 18920
56 NAVIA MARKETS LTD. 17884
57 NARNOLIA FINANCIAL ADVISORS LIMITED 15423
58 ASHIKA STOCK BROKING LTD. 14662
59 INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED 14147
60 SOUTH ASIAN STOCKS LTD. 14020
61 ACUMEN CAPITAL MARKET (INDIA) LTD 13974
62 ALANKIT ASSIGNMENTS LTD. 13778
63 ZEN SECURITIES LTD. 13647
64 YES SECURITIES (INDIA) LIMITED 13558
65 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13389
66 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 13309
67 GOLDMINE STOCKS PRIVATE LIMITED 13207
68 STEEL CITY SECURITIES LTD. 13047
69 PHILLIPCAPITAL (INDIA) PVT. LTD 12508
70 ISS ENTERPRISE LIMITED 12246
71 BANSAL COMTRADE PRIVATE LIMITED 12219
72 CANARA BANK SECURITIES LIMITED 11843
73 TRUSTLINE SECURITIES LIMITED 11414
74 BMA WEALTH CREATORS LIMITED 11225
75 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 10966
76 SYKES & RAY EQUITIES (I) LTD. 10303
77 DBFS SECURITIES LIMITED 9181
78 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9045
79 SSJ FINANCE & SECURITIES PVT. LTD. 9030
80 HEM FINLEASE PVT. LTD. 8847
81 BP EQUITIES PRIVATE LIMITED 8432
82 INVENTURE GROWTH & SECURITIES LIMITED 8286
83 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 8102
84 BHANSALI VALUE CREATIONS PRIVATE LIMITED 7933
85 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 7891
86 SHREE BAHUBALI STOCK BROKING LTD 7843
87 LSC SECURITIES LIMITED 7740
88 ASHLAR SECURITIES PRIVATE LIMITED 7619
89 R K GLOBAL SHARES & SECURITIES LIMITED 7538
90 DEALMONEY SECURITIES PRIVATE LIMITED 7323
91 FINVASIA SECURITIES PRIVATE LIMITED 7180
92 INDIRA SECURITIES PRIVATE LIMITED 7025
93 INDBANK MERCHANT BANKING SERVICES LTD. 6805
94 MAVERICK SHARE BROKERS PRIVATE LIMITED 6420
95 CHOLAMANDALAM SECURITIES LIMITED 6401
96 SAFAL CAPITAL (INDIA) LIMITED 6019
97 MONEYWISE FINVEST LIMITED 5754
98 IFCI FINANCIAL SERVICES LIMITED 5552
99 BOB CAPITAL MARKETS LIMITED 5459
100 ITI SECURITIES BROKING LIMITED 4936
101 SMIFS LIMITED 4756
102 ELITE WEALTH ADVISORS LIMITED 4621
103 VRISE SECURITIES PRIVATE LIMITED 4470
104 A C AGARWAL SHARE BROKERS PVT LTD 4293
105 VERTEX SECURITIES LTD. 4211
106 MEHTA EQUITIES LIMITED 4061
107 PEERLESS SECURITIES LIMITED 3561
108 FAIRWEALTH SECURITIES LIMITED 3488
109 EXCLUSIVE SECURITIES LTD. 3324
110 CENTRUM BROKING LIMITED 2667
111 SHARE INDIA SECURITIES LIMITED 2563
112 JYOTI PORTFOLIO PRIVATE LIMITED 2426
113 INTEGRATED MASTER SECURITIES PVT. LTD. 2307
114 RAGHUNANDAN CAPITAL PRIVATE LIMITED 2254
115 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED 2196
116 BASAN EQUITY BROKING LIMITED 2168
117 AMBALAL SHARES & STOCKS PRIVATE LIMITED 2165
118 COMPETENT FINMAN PVT. LTD. 2096
119 SUMPOORNA PORTFOLIO LIMITED 2039
120 K K SECURITIES LTD. 1921
121 DP TRADEKING PVT LTD 1907
122 ABHIPRA CAPITAL LTD. 1854
123 CIL SECURITIES LTD. 1621
124 SUNNESS CAPITAL INDIA PVT LTD 1595
125 MOTISONS SHARES PRIVATE LIMITED 1562
126 LFS BROKING PRIVATE LIMITED 1391
127 JUST TRADE SECURITIES LIMITED 1328
128 C.D. EQUISEARCH PVT. LTD 1306
129 QUANTUM GLOBAL SECURITIES LIMITED 1304
130 MODEX INTERNATIONAL SECURITIES LTD. 1271
131 ATS SHARE BROKERS PRIVATE LIMITED 1271
132 ANUSH SHARES & SECURITIES PVT.LTD. 1107
133 KARUNA FINANCIAL SERVICES PVT. LTD 1063
134 SKUNG TRADELINK LIMITED 922
135 ADWEALTH STOCK BROKING PRIVATE LIMITED 824
136 GROVALUE SECURITIES PVT LTD 738
137 EDELWEISS SECURITIES LIMITED 675
138 G S V SECURITIES PVT. LTD. 662
139 ISF SECURITIES LTD. 658
140 INDIAN FINANCE GUARANTY LTD. 611
141 BERKELEY SECURITIES LIMITED 610
142 SARAVANA STOCKS PRIVATE LIMITED 608
143 ACHINTYA SECURITIES PRIVATE LIMITED 576
144 GREENBUCKS SECURITIES PRIVATE LIMITED 572
145 MAXGROWTH CAPITAL PRIVATE LIMITED 549
146 SPA SECURITIES LIMITED 498
147 ACTION FINANCIAL SERVICES (INDIA) LIMITED 424
148 KAYNET FINANCE LIMITED 305
149 BEZEL STOCK BROKERS PRIVATE LIMITED 254
150 PRRSAAR COMMODITIES PRIVATE LIMITED 238
151 KSBL SECURITIES LIMITED 192
152 PUMARTH CREDIT & CAPITAL LTD. 163
153 ASTITVA CAPITAL MARKET PRIVATE LIMITED 98
154 CONARD SECURITIES PRIVATE LIMITED 84
155 LIBORD BROKERAGE PVT. LTD. 74
156 VIKSON SECURITIES PRIVATE LIMITED 73
157 REFLECTION INVESTMENTS 73
158 PROGNOSIS SECURITIES PRIVATE LIMITED 54
159 A. S. STOCK BROKING AND MANAGEMENT PVT LTD. 41
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can anyone tell in this list. Which of the following brokers allow you to do intraday freely in F, E and M groups of BSE respectively. In Zerodha you cannot. Is there any other broker anyone knows?

Direct market access

:upside_down_face:

2 Likes

Regulator is doing so much to protect innocent retail investors :upside_down_face:

Here’s the data for July 2020

1 ZERODHA BROKING LIMITED 2126417
2 ICICI SECURITIES LIMITED 1143871
3 RKSV SECURITIES INDIA PRIVATE LIMITED 921740
4 ANGEL BROKING LIMITED 855583
5 HDFC SECURITIES LTD. 770170
6 KOTAK SECURITIES LTD. 667627
7 SHAREKHAN LTD. 574407
8 5PAISA CAPITAL LIMITED 552161
9 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 424394
10 AXIS SECURITIES LIMITED 311509
11 SBICAP SECURITIES LIMITED 274228
12 IIFL SECURITIES LIMITED 239384
13 KARVY STOCK BROKING LTD. 174245
14 GEOJIT FINANCIAL SERVICES LIMITED 172298
15 EDELWEISS BROKING LIMITED 138829
16 RELIANCE SECURITIES LIMITED 119325
17 SMC GLOBAL SECURITIES LTD. 119223
18 RELIGARE BROKING LIMITED 116314
19 NEXTBILLION TECHNOLOGY PRIVATE LIMITED 115702
20 NIRMAL BANG SECURITIES PVT. LTD. 107485
21 MARWADI SHARES AND FINANCE LIMITED 88073
22 VENTURA SECURITIES LTD. 80418
23 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 75032
24 ALICE BLUE FIN SVCS P LTD 71653
25 SAMCO SECURITIES LIMITED 63373
26 TRADEBULLS SECURITIES § LTD. 62742
27 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 59658
28 IDBI CAPITAL MARKETS & SECURITIES LTD. 50781
29 MONARCH NETWORTH CAPITAL LIMITED 50643
30 ADITYA BIRLA MONEY LIMITED 47862
31 JM FINANCIAL SERVICES LIMITED 43307
32 INDIABULLS SECURITIES LIMITED 42717
33 MASTER CAPITAL SERVICES LIMITED 41698
34 SWASTIKA INVESTMART LIMITED 41624
35 CHOICE EQUITY BROKING PRIVATE LIMITED 39823
36 BONANZA PORTFOLIO LTD. 39342
37 ASTHA CREDIT & SECURITIES § LTD 38905
38 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 38064
39 SHCIL SERVICES LIMITED 35062
40 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 34668
41 ARIHANT CAPITAL MARKETS LIMITED 32420
42 GLOBE CAPITAL MARKET LIMITED 32145
43 NJ INDIA INVEST PRIVATE LIMITED 32065
44 VNS FINANCE & CAPITAL SERVICES LTD. 29422
45 GOODWILL WEALTH MANAGEMENT PVT LTD 28339
46 PROFITMART SECURITIES PRIVATE LIMITED 28158
47 SHRI PARASRAM HOLDINGS PVT. LTD. 27295
48 SHRIRAM INSIGHT SHARE BROKERS LIMITED 26950
49 PRABHUDAS LILLADHER PVT. LTD. 26930
50 SURESH RATHI SECURITIES PRIVATE LIMITED 26929
51 WAY2WEALTH BROKERS PRIVATE LIMITED 26714
52 LKP SECURITIES LTD. 26459
53 ACML CAPITAL MARKETS LIMITED 21221
54 FYERS SECURITIES PRIVATE LIMITED 20568
55 KIFS TRADE CAPITAL PRIVATE LIMITED 19856
56 PRUDENT BROKING SERVICES PRIVATE LIMITED 19305
57 NAVIA MARKETS LTD. 18992
58 NARNOLIA FINANCIAL ADVISORS LIMITED 15431
59 ASHIKA STOCK BROKING LTD. 14739
60 SOUTH ASIAN STOCKS LTD. 14464
61 ACUMEN CAPITAL MARKET (INDIA) LTD 14317
62 ALANKIT ASSIGNMENTS LTD. 14072
63 YES SECURITIES (INDIA) LIMITED 13980
64 ZEN SECURITIES LTD. 13893
65 GOLDMINE STOCKS PRIVATE LIMITED 13612
66 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 13591
67 INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED 13454
68 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13365
69 STEEL CITY SECURITIES LTD. 13140
70 ECONO BROKING PRIVATE LIMITED 12888
71 PHILLIPCAPITAL (INDIA) PVT. LTD 12654
72 ISS ENTERPRISE LIMITED 12393
73 CANARA BANK SECURITIES LIMITED 12306
74 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 11698
75 TRUSTLINE SECURITIES LIMITED 11569
76 SYKES & RAY EQUITIES (I) LTD. 10557
77 SSJ FINANCE & SECURITIES PVT. LTD. 9227
78 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9188
79 DBFS SECURITIES LIMITED 9174
80 HEM FINLEASE PVT. LTD. 9007
81 PUNE E STOCK BROKING PRIVATE LIMITED 8968
82 BMA WEALTH CREATORS LIMITED 8645
83 INVENTURE GROWTH & SECURITIES LIMITED 8629
84 BHANSALI VALUE CREATIONS PRIVATE LIMITED 8598
85 BP EQUITIES PRIVATE LIMITED 8473
86 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 8279
87 GEPL CAPITAL PRIVATE LIMITED 8208
88 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 7984
89 SHREE BAHUBALI STOCK BROKING LTD 7920
90 LSC SECURITIES LIMITED 7900
91 FINVASIA SECURITIES PRIVATE LIMITED 7889
92 ASHLAR SECURITIES PRIVATE LIMITED 7771
93 R K GLOBAL SHARES & SECURITIES LIMITED 7596
94 MANGAL KESHAV FINANCIAL SERVICES LLP 7378
95 INDIRA SECURITIES PRIVATE LIMITED 7213
96 MONEYWISE FINVEST LIMITED 7055
97 DEALMONEY SECURITIES PRIVATE LIMITED 6889
98 INDBANK MERCHANT BANKING SERVICES LTD. 6735
99 MANSUKH SECURITIES & FINANCE LIMITED 6651
100 MAVERICK SHARE BROKERS PRIVATE LIMITED 6585

@AkshayAtur. I guess this is not up to date!

Why so?

I think according to the number they flagged, it seems they are pointing towards the discrepancy of No. of clients that Fyers reports on their website (more than 50,000 as per https://fyers.in/about/) and the number that is visible on the list above (20568).

The same thing about Upstox, according to a news article (like https://www.financialexpress.com/market/cafeinvest/with-1-million-users-onboard-this-new-age-brokerage-aims-to-double-the-tally-by-december-heres-how/2000696/) it reached the 10 Lakh mark in June itself but according to the above list, it still hasn’t reached that milestone.

Same with Zerodha, it has over 3 million users (as mentioned in https://zerodha.com/z-connect/rainmatter/direct-market-access-dma-for-retail-investors) but the above list only reports 2.1 million users.

Is the difference because the above list only shows active clients and not the total clients of each broker?

P.S. - The link shared above all point to the previous year’s list (https://www.nseindia.com/invest/content/arbitration_reports/report_1c_2019_20.htm). The new list is accessible at https://www1.nseindia.com/invest/content/arbitration_reports/report_1c_2020_21.htm

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Right, the above list is only of Active clients but not total clients.

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@siva

How many total investor are there who trade in NSE or BSE ?

One way to measure the total number of investors might be using the number of Demat accounts opened with CSDL and NSDL -

Depositories Number of Investor Accounts as on July 31st 2020
CSDL 2,41,30,205
NSDL 2,01,54,741
Total 4,42,84,946
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Please count atleast 4 for me

I have 5 demat account. So we can not find this number with demat account.

While there are almost 5crore demat accounts in the country, the number of people who have invested directly into stocks once in last year is probably around 80 to 90lk (unique). There are maybe around 1.5 crores who invest through mutual funds. So maybe around 2 crore Indians who are active in the markets directly or indirectly. Btw, I had shared this recently

https://twitter.com/Nithin0dha/status/1285966266495201280

3 Likes