A Complete List of SEBI Registered Stockbrokers in India 2022: As per NSE India Website, there are over 1.89 Crore Active Clients as of September 2021, trading on NSE Exchange. There are 314 Registered stockbrokers including defaulters and the expelled stockbrokers as per their website.
If you visit the SEBI website, you can find that there are 4,647 records for the list of Registered Stock Brokers in the equity segment. You can check this list for the details . However, for the sake of simplicity and keeping the list only restricted to stockbrokers based on the active users/clients, we’ll be referring to the NSE India website to look into the active stockbroker’s list.
In this article, we’ll be looking into the complete list of SEBI Registered stockbrokers in India and their market share. Keep Reading to find out.
List of SEBI Registered Stockbrokers in India 2022
The below table shows the list of 314 stockbrokers as mentioned on the NSE India website along with their market share.
| S NO | NAME OF THE STOCKBROKER | DEFAULTER (YES/NO) | # OF ACTIVE CLIENTS | NO. OF COMPLAINTS RECEIVED AGAINST* | MARKET SHARE |
|---|---|---|---|---|---|
| 1 | KARVY STOCK BROKING LTD. | Yes (Expelled) | - | 7644 | NA |
| 2 | ANUGRAH STOCK & BROKING PVT. LTD. | Yes (Expelled) | 6246 | 2444 | 0.03% |
| 3 | INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED | No | 15 | 1542 | 0.00% |
| 4 | ANGEL BROKING LIMITED | No | 1564667 | 1501 | 8.28% |
| 5 | ZERODHA BROKING LIMITED | No | 3602074 | 868 | 19.06% |
| 6 | RKSV SECURITIES INDIA PRIVATE LIMITED | No | 2141095 | 862 | 11.33% |
| 7 | ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED | No | 11377 | 783 | 0.06% |
| 8 | 5PAISA CAPITAL LIMITED | No | 870405 | 612 | 4.61% |
| 9 | ICICI SECURITIES LIMITED | No | 1580233 | 602 | 8.36% |
| 10 | MOTILAL OSWAL FINANCIAL SERVICES LIMITED | No | 564034 | 491 | 2.99% |
| 11 | SHAREKHAN LTD. | No | 679333 | 405 | 3.60% |
| 12 | KOTAK SECURITIES LTD. | No | 743206 | 365 | 3.93% |
| 13 | HDFC SECURITIES LTD. | No | 957085 | 285 | 5.07% |
| 14 | IIFL SECURITIES LIMITED | No | 291730 | 228 | 1.54% |
| 15 | EDELWEISS BROKING LIMITED | No | 157254 | 224 | 0.83% |
| 16 | SBICAP SECURITIES LIMITED | No | 329099 | 187 | 1.74% |
| 17 | ALICE BLUE FIN SVCS P LTD | No | 125223 | 167 | 0.66% |
| 18 | AXIS SECURITIES LIMITED | No | 454882 | 139 | 2.41% |
| 19 | FYERS SECURITIES PRIVATE LIMITED | No | 35963 | 129 | 0.19% |
| 20 | TRADEBULLS SECURITIES (P) LTD. | No | 65460 | 116 | 0.35% |
| 21 | SMC GLOBAL SECURITIES LTD. | No | 135863 | 112 | 0.72% |
| 22 | ACTION FINANCIAL SERVICES (INDIA) LIMITED | Yes (Expelled) | 319 | 95 | 0.00% |
| 23 | DHANI STOCKS LIMITED | No | 39644 | 95 | 0.21% |
| 24 | MODEX INTERNATIONAL SECURITIES LTD. | Yes (Expelled) | - | 89 | NA |
| 25 | RELIANCE SECURITIES LIMITED | No | 117307 | 80 | 0.62% |
| 26 | ADITYA BIRLA MONEY LIMITED | No | 55562 | 75 | 0.29% |
| 27 | SAMCO SECURITIES LIMITED | No | 77173 | 74 | 0.41% |
| 28 | RELIGARE BROKING LIMITED | No | 132939 | 68 | 0.70% |
| 29 | GEOJIT FINANCIAL SERVICES LIMITED | No | 201206 | 67 | 1.06% |
| 30 | CONARD SECURITIES PRIVATE LIMITED | Yes (Expelled) | - | 66 | NA |
| 31 | SUMPOORNA PORTFOLIO LIMITED | Yes (Expelled) | - | 62 | NA |
| 32 | VIKSON SECURITIES PRIVATE LIMITED | No | - | 61 | NA |
| 33 | NIRMAL BANG SECURITIES PVT. LTD. | No | 123213 | 61 | 0.65% |
| 34 | PROFITMART SECURITIES PRIVATE LIMITED | No | 49790 | 61 | 0.26% |
| 35 | IDBI CAPITAL MARKETS & SECURITIES LTD. | No | 50510 | 61 | 0.27% |
| 36 | ASTHA CREDIT & SECURITIES (P) LTD | No | 69890 | 53 | 0.37% |
| 37 | BMA WEALTH CREATORS LIMITED | Yes (Expelled) | - | 53 | NA |
| 38 | VENTURA SECURITIES LTD. | No | 96431 | 51 | 0.51% |
| 39 | ANAND RATHI SHARE AND STOCK BROKERS LIMITED | No | 85569 | 47 | 0.45% |
| 40 | FINVASIA SECURITIES PRIVATE LIMITED | No | 12018 | 44 | 0.06% |
| 41 | DEALMONEY SECURITIES PRIVATE LIMITED | No | 5632 | 43 | 0.03% |
| 42 | GLOBE CAPITAL MARKET LIMITED | No | 36913 | 42 | 0.20% |
| 43 | SWASTIKA INVESTMART LIMITED | No | 54069 | 37 | 0.29% |
| 44 | SMIFS LIMITED | No | 5464 | 37 | 0.03% |
| 45 | GOODWILL WEALTH MANAGEMENT PVT LTD | No | 37840 | 36 | 0.20% |
| 46 | YES SECURITIES (INDIA) LIMITED | No | 18248 | 36 | 0.10% |
| 47 | CHOICE EQUITY BROKING PRIVATE LIMITED | No | 67804 | 36 | 0.36% |
| 48 | NAVIA MARKETS LTD. | No | 22257 | 34 | 0.12% |
| 49 | NEXTBILLION TECHNOLOGY PRIVATE LIMITED | No | 780570 | 32 | 4.13% |
| 50 | YUVRAJ SECURITIES | No | 17 | 27 | 0.00% |
| 51 | MASTER CAPITAL SERVICES LIMITED | No | 48645 | 26 | 0.26% |
| 52 | REFLECTION INVESTMENTS | Yes (Expelled) | - | 26 | NA |
| 53 | LKP SECURITIES LTD. | No | 29588 | 26 | 0.16% |
| 54 | QUANTUM GLOBAL SECURITIES LIMITED | Yes (Expelled) | - | 24 | NA |
| 55 | SHRI PARASRAM HOLDINGS PVT. LTD. | No | 30563 | 24 | 0.16% |
| 56 | MONARCH NETWORTH CAPITAL LIMITED | No | 54680 | 23 | 0.29% |
| 57 | INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED | No | 39481 | 22 | 0.21% |
| 58 | ASTITVA CAPITAL MARKET PRIVATE LIMITED | No | 25 | 21 | 0.00% |
| 59 | ZERODHA SECURITIES PRIVATE LIMITED | No | 1 | 21 | 0.00% |
| 60 | SHCIL SERVICES LIMITED | No | 45571 | 21 | 0.24% |
| 61 | MOTILAL OSWAL CAPITAL MARKETS PRIVATE LIMITED | No | - | 20 | NA |
| 62 | BONANZA PORTFOLIO LTD. | No | 44287 | 20 | 0.23% |
| 63 | SHRIRAM INSIGHT SHARE BROKERS LIMITED | No | 27135 | 19 | 0.14% |
| 64 | VNS FINANCE & CAPITAL SERVICES LTD. | No | 36808 | 19 | 0.19% |
| 65 | PRABHUDAS LILLADHER PVT. LTD. | No | 32551 | 19 | 0.17% |
| 66 | STOCK HOLDING CORPORATION OF INDIA LTD | No | - | 19 | NA |
| 67 | ALANKIT IMAGINATIONS LIMITED | No | 17437 | 19 | 0.09% |
| 68 | ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED | No | 16616 | 17 | 0.09% |
| 69 | KARMIC STOCK BROKING PRIVATE LIMITED | No | - | 17 | NA |
| 70 | JM FINANCIAL SERVICES LIMITED | No | 48998 | 16 | 0.26% |
| 71 | ASHLAR SECURITIES PRIVATE LIMITED | No | 8017 | 14 | 0.04% |
| 72 | ACUMEN CAPITAL MARKET (INDIA) LTD | No | 13821 | 14 | 0.07% |
| 73 | SOUTH ASIAN STOCKS LTD. | No | 17878 | 14 | 0.09% |
| 74 | MAXGROWTH CAPITAL PRIVATE LIMITED | No | 318 | 14 | 0.00% |
| 75 | PRUDENT BROKING SERVICES PRIVATE LIMITED | No | 19415 | 14 | 0.10% |
| 76 | ECONO BROKING PRIVATE LIMITED | No | 22988 | 13 | 0.12% |
| 77 | BALANCE EQUITY BROKING (INDIA) PVT. LTD. | No | 2806 | 13 | 0.01% |
| 78 | BEZEL STOCK BROKERS PRIVATE LIMITED | Yes (Expelled) | - | 12 | NA |
| 79 | CANARA BANK SECURITIES LIMITED | No | 14862 | 11 | 0.08% |
| 80 | BASAN EQUITY BROKING LIMITED | No | 1602 | 11 | 0.01% |
| 81 | NARNOLIA FINANCIAL ADVISORS LIMITED | No | 13910 | 11 | 0.07% |
| 82 | SKUNG TRADELINK LIMITED | No | 839 | 11 | 0.00% |
| 83 | SAFAL CAPITAL (INDIA) LIMITED | No | 6955 | 10 | 0.04% |
| 84 | TRUSTLINE SECURITIES LIMITED | No | 11735 | 10 | 0.06% |
| 85 | BOB CAPITAL MARKETS LIMITED | No | 8379 | 10 | 0.04% |
| 86 | FIRST FUTURES AND STOCKS PRIVATE LIMITED | No | 275 | 10 | 0.00% |
| 87 | G S V SECURITIES PVT. LTD. | No | 328 | 10 | 0.00% |
| 88 | BHANSALI VALUE CREATIONS PRIVATE LIMITED | No | 10397 | 9 | 0.06% |
| 89 | LSC SECURITIES LIMITED | No | 8697 | 9 | 0.05% |
| 90 | PANTOMATH STOCK BROKERS PRIVATE LIMITED | No | 293 | 9 | 0.00% |
| 91 | NJ INDIA INVEST PRIVATE LIMITED | No | 48200 | 9 | 0.26% |
| 92 | HEM FINLEASE PVT. LTD. | No | 12012 | 9 | 0.06% |
| 93 | ABHIPRA CAPITAL LTD. | No | 1932 | 8 | 0.01% |
| 94 | ARIHANT CAPITAL MARKETS LIMITED | No | 36489 | 8 | 0.19% |
| 95 | FAIRWEALTH SECURITIES LIMITED | Yes (Expelled) | - | 8 | NA |
| 96 | MEHTA EQUITIES LIMITED | No | 5104 | 8 | 0.03% |
| 97 | LFS BROKING PRIVATE LIMITED | No | 1685 | 8 | 0.01% |
| 98 | ISS ENTERPRISE LIMITED | No | 12903 | 8 | 0.07% |
| 99 | KSBL SECURITIES LIMITED | Yes (Expelled) | - | 8 | NA |
| 100 | CENTURY FINVEST PVT. LTD. | No | 1125 | 8 | 0.01% |
| 101 | MARWADI SHARES AND FINANCE LIMITED | No | 107493 | 7 | 0.57% |
| 102 | ELITE WEALTH ADVISORS LIMITED | No | 5080 | 7 | 0.03% |
| 103 | RAGHUNANDAN CAPITAL PRIVATE LIMITED | No | 3017 | 7 | 0.02% |
| 104 | ESCORTS SECURITIES LTD. | No | 2376 | 7 | 0.01% |
| 105 | COMFORT SECURITIES LIMITED | No | 1689 | 7 | 0.01% |
| 106 | SYKES & RAY EQUITIES (I) LTD. | No | 12312 | 7 | 0.07% |
| 107 | R K GLOBAL SHARES & SECURITIES LIMITED | No | 8136 | 7 | 0.04% |
| 108 | STEEL CITY SECURITIES LTD. | No | 14272 | 7 | 0.08% |
| 109 | KARMA STOCK TRADE LIMITED | No | - | 6 | NA |
| 110 | PAYTM MONEY LTD. | No | 85827 | 6 | 0.45% |
| 111 | PHILLIPCAPITAL (INDIA) PVT. LTD | No | 13894 | 6 | 0.07% |
| 112 | GEPL CAPITAL PRIVATE LIMITED | No | 9802 | 6 | 0.05% |
| 113 | SUSHIL FINANCIAL SERVICES PRIVATE LIMITED | No | 40176 | 6 | 0.21% |
| 114 | ANGEL SECURITIES LTD | No | - | 6 | NA |
| 115 | KOTAK MAHINDRA SECURITIES LTD. | No | - | 6 | NA |
| 116 | BP EQUITIES PRIVATE LIMITED | No | 9536 | 6 | 0.05% |
| 117 | SPA SECURITIES LIMITED | No | 152 | 6 | 0.00% |
| 118 | AXIS SHARES & SECURITIES PRIVATE LIMITED | No | - | 6 | NA |
| 119 | LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. | No | 11516 | 6 | 0.06% |
| 120 | ARHAM WEALTH MANAGEMENT PVT LTD | No | 2082 | 6 | 0.01% |
| 121 | JM FINANCIAL SECURITIES PVT.LTD. | No | - | 6 | NA |
| 122 | INDIAN FINANCE GUARANTY LTD. | No | 354 | 6 | 0.00% |
| 123 | MAVERICK SHARE BROKERS PRIVATE LIMITED | No | 7116 | 5 | 0.04% |
| 124 | ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. | No | 23944 | 5 | 0.13% |
| 125 | A . G. SHARES & SECURITIES LTD. | No | 1870 | 5 | 0.01% |
| 126 | KRISHA INCAP SERVICES PVT.LTD. | No | 76 | 5 | 0.00% |
| 127 | A C AGARWAL SHARE BROKERS PVT LTD | No | 5837 | 5 | 0.03% |
| 128 | SHREE BAHUBALI STOCK BROKING LTD | No | 8550 | 5 | 0.05% |
| 129 | MANGAL KESHAV FINANCIAL SERVICES LLP | No | 7503 | 5 | 0.04% |
| 130 | VRISE SECURITIES PRIVATE LIMITED | Yes (Expelled) | - | 5 | NA |
| 131 | FORTUNE CAPITAL SERVICES PRIVATE LIMITED | No | 8212 | 5 | 0.04% |
| 132 | GROVALUE SECURITIES PVT LTD | Yes (Expelled) | 22 | 5 | 0.00% |
| 133 | KIFS TRADE CAPITAL PRIVATE LIMITED | No | 21161 | 5 | 0.11% |
| 134 | SHAREKHAN COMTRADE PRIVATE LIMITED | No | 6779 | 5 | 0.04% |
| 135 | R.K. STOCKHOLDING (P) LTD. | No | 1111 | 4 | 0.01% |
| 136 | BERKELEY SECURITIES LIMITED | No | 655 | 4 | 0.00% |
| 137 | CONSORTIUM SECURITIES PRIVATE LTD. | No | 3998 | 4 | 0.02% |
| 138 | EDELWEISS SECURITIES LIMITED | No | 609 | 4 | 0.00% |
| 139 | SURESH RATHI SECURITIES PRIVATE LIMITED | No | 30895 | 4 | 0.16% |
| 140 | MAITRA COMMODITIES PVT LTD | No | 1748 | 4 | 0.01% |
| 141 | NNM SECURITIES PVT. LTD. | No | 679 | 4 | 0.00% |
| 142 | EDELWEISS FINANCIAL ADVISORS LIMITED | No | - | 4 | NA |
| 143 | PCS SECURITIES LTD. | No | 10427 | 4 | 0.06% |
| 144 | BNP PARIBAS EQUITIES INDIA PVT. LTD. | No | - | 4 | NA |
| 145 | VCK SHARE & STOCK BROKING SERVICES LTD. | No | 1545 | 4 | 0.01% |
| 146 | CAPITAL WIZARD STOCK BROKING PVT. LTD. | No | - | 4 | NA |
| 147 | JAINAM SHARE CONSULTANTS PRIVATE LIMITED | No | 70191 | 3 | 0.37% |
| 148 | ASHIKA STOCK BROKING LTD. | No | 15520 | 3 | 0.08% |
| 149 | SATCO CAPITAL MARKETS LIMITED | No | 2896 | 3 | 0.02% |
| 150 | MONEYWISE FINVEST LIMITED | No | 13551 | 3 | 0.07% |
| 151 | GOLDMINE STOCKS PRIVATE LIMITED | No | 15355 | 3 | 0.08% |
| 152 | DJS STOCK AND SHARES LTD. | No | 54 | 3 | 0.00% |
| 153 | SHARE INDIA SECURITIES LIMITED | No | 3153 | 3 | 0.02% |
| 154 | DBFS SECURITIES LIMITED | No | 7456 | 3 | 0.04% |
| 155 | PEERLESS SECURITIES LIMITED | No | 3248 | 3 | 0.02% |
| 156 | INDIABULLS BROKERAGE LIMITED | No | - | 3 | NA |
| 157 | ZEN SECURITIES LTD. | No | 15631 | 3 | 0.08% |
| 158 | JUST TRADE SECURITIES LIMITED | No | 1310 | 3 | 0.01% |
| 159 | IL&FS SECURITIES SERVICES LIMITED | No | - | 3 | NA |
| 160 | COMPETENT FINMAN PVT. LTD. | No | 2086 | 3 | 0.01% |
| 161 | INTEGRATED MASTER SECURITIES PVT. LTD. | No | 2540 | 3 | 0.01% |
| 162 | SYSTEMATIX SHARES & STOCKS (INDIA) LTD. | No | 4879 | 3 | 0.03% |
| 163 | SPFL SECURITIES LIMITED | No | 5681 | 3 | 0.03% |
| 164 | CHOLAMANDALAM SECURITIES LIMITED | No | 7568 | 3 | 0.04% |
| 165 | EXCLUSIVE SECURITIES LTD. | No | 3825 | 3 | 0.02% |
| 166 | INDBANK MERCHANT BANKING SERVICES LTD. | No | 8089 | 3 | 0.04% |
| 167 | ADROIT FINANCIAL SERVICES PRIVATE LIMITED | No | 10025 | 3 | 0.05% |
| 168 | INDIRA SECURITIES PRIVATE LIMITED | No | 8554 | 3 | 0.05% |
| 169 | EMKAY GLOBAL FINANCIAL SERVICES LIMITED | No | 13215 | 3 | 0.07% |
| 170 | RBC FINANCIAL SERVICES PVT. LTD. | No | 763 | 3 | 0.00% |
| 171 | WAY2WEALTH BROKERS PRIVATE LIMITED | No | 28015 | 3 | 0.15% |
| 172 | KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED | No | 2451 | 3 | 0.01% |
| 173 | STANDARD CHARTERED SECURITIES (INDIA) LIMITED | No | 6240 | 3 | 0.03% |
| 174 | MONEYLICIOUS SECURITIES PRIVATE LIMITED | No | 528 | 3 | 0.00% |
| 175 | SKP SECURITIES LTD. | No | 2505 | 2 | 0.01% |
| 176 | FORTUNE CAPITAL SERVICES | No | 1 | 2 | 0.00% |
| 177 | SSJ FINANCE & SECURITIES PVT. LTD. | No | 10172 | 2 | 0.05% |
| 178 | PRRSAAR COMMODITIES PRIVATE LIMITED | No | 198 | 2 | 0.00% |
| 179 | COMPOSITE SECURITIES LTD. | No | 1091 | 2 | 0.01% |
| 180 | SUNFLOWER BROKING PVT. LTD. | No | 3625 | 2 | 0.02% |
| 181 | MANDOT SECURITIES PRIVATE LIMITED | No | 1063 | 2 | 0.01% |
| 182 | IFCI FINANCIAL SERVICES LIMITED | No | 6179 | 2 | 0.03% |
| 183 | ICICI WEB TRADE LTD | No | - | 2 | NA |
| 184 | NINE STAR BROKING PRIVATE LIMITED | No | 10596 | 2 | 0.06% |
| 185 | LATIN MANHARLAL SECURITIES PVT. LTD. | No | 10548 | 2 | 0.06% |
| 186 | WEALTH INDIA FINANCIAL SERVICES PVT LTD | No | 11429 | 2 | 0.06% |
| 187 | LOHIA SECURITIES LTD. | No | 1872 | 2 | 0.01% |
| 188 | ADWEALTH STOCK BROKING PRIVATE LIMITED | No | 773 | 2 | 0.00% |
| 189 | MANSUKH SECURITIES & FINANCE LIMITED | No | 7595 | 2 | 0.04% |
| 190 | AUM CAPITAL MARKET PVT LTD | No | 1701 | 2 | 0.01% |
| 191 | SHAH INVESTORS HOME LIMITED | No | 33194 | 2 | 0.18% |
| 192 | INVESTERIA FINANCIAL SERVICES PRIVATE LIMITED | No | 227 | 2 | 0.00% |
| 193 | CENTRUM BROKING LIMITED | No | 2569 | 2 | 0.01% |
| 194 | ATS SHARE BROKERS PRIVATE LIMITED | No | 1096 | 2 | 0.01% |
| 195 | BAJAJ FINANCIAL SECURITIES LIMITED | No | 2824 | 2 | 0.01% |
| 196 | PACE STOCK BROKING SERVICES PRIVATE LIMITED | No | 5179 | 2 | 0.03% |
| 197 | SKI CAPITAL SERVICES LTD. | No | 2032 | 2 | 0.01% |
| 198 | ACML CAPITAL MARKETS LIMITED | No | 25224 | 2 | 0.13% |
| 199 | GREENBUCKS SECURITIES PRIVATE LIMITED | No | 516 | 2 | 0.00% |
| 200 | ITI SECURITIES BROKING LIMITED | No | 5318 | 2 | 0.03% |
| 201 | ANUSH SHARES & SECURITIES PVT.LTD. | No | 1184 | 2 | 0.01% |
| 202 | PUNE E STOCK BROKING PRIVATE LIMITED | No | 10125 | 2 | 0.05% |
| 203 | BADJATE STOCK AND SHARES PRIVATE LIMITED | No | 1418 | 2 | 0.01% |
| 204 | KRCHOKSEY SHARES AND SECURITIES PRIVATE LIMITED | No | 7200 | 2 | 0.04% |
| 205 | FINDOC INVESTMART PVT. LTD. | No | 2330 | 2 | 0.01% |
| 206 | KARUNA FINANCIAL SERVICES PVT. LTD | No | 1001 | 2 | 0.01% |
| 207 | ZUARI FINSERV LIMITED | No | 4391 | 2 | 0.02% |
| 208 | GCL SECURITIES PVT LTD | No | 4568 | 2 | 0.02% |
| 209 | SUNLIGHT BROKING LLP | No | 4095 | 2 | 0.02% |
| 210 | C.D. EQUISEARCH PVT. LTD | No | 1187 | 2 | 0.01% |
| 211 | AASMAA SECURITIES PRIVATE LIMITED | No | 1187 | 1 | 0.01% |
| 212 | KOTAK MAHINDRA BANK LTD. | No | - | 1 | NA |
| 213 | WEALTHSTREET ADVISORS P LTD | No | 4264 | 1 | 0.02% |
| 214 | KELLTON SECURITIES PRIVATE LIMITED | No | 1239 | 1 | 0.01% |
| 215 | KEDIA SHARES & STOCKS BROKERS LIMITED | No | 683 | 1 | 0.00% |
| 216 | NKB SECURITIES | No | 4 | 1 | 0.00% |
| 217 | TIRUPATI EQUITIES LTD. | No | - | 1 | NA |
| 218 | SEEMA SECURITIES PVT.LTD. | No | - | 1 | NA |
| 219 | HCG STOCK & SHARE BROKERS LTD. | No | - | 1 | NA |
| 220 | SUNDARAM FINANCE SECURITIES LTD | No | - | 1 | NA |
| 221 | GROW-ON PORTFOLIO PRIVATE LTD | No | - | 1 | NA |
| 222 | STEWART SECURITIES LTD. | No | - | 1 | NA |
| 223 | AXIS BANK LTD. | No | 1 | 1 | 0.00% |
| 224 | ICICI BANK LTD | No | - | 1 | NA |
| 225 | RIKHAV SECURITIES LIMITED | No | 6861 | 1 | 0.04% |
| 226 | AMBALAL SHARES & STOCKS PRIVATE LIMITED | No | 1903 | 1 | 0.01% |
| 227 | SIGNATUREGLOBAL SECURITIES PVT LTD | No | 133 | 1 | 0.00% |
| 228 | SAS BROKING PRIVATE LIMITED | No | - | 1 | NA |
| 229 | PROGNOSIS SECURITIES PRIVATE LIMITED | No | 38 | 1 | 0.00% |
| 230 | GARG SECURITIES PVT. LTD. | No | 2032 | 1 | 0.01% |
| 231 | CIL SECURITIES LTD. | No | 1816 | 1 | 0.01% |
| 232 | COIMBATORE CAPITAL LIMITED | No | 6044 | 1 | 0.03% |
| 233 | ADITYA AJAY SHARE BROKERS PRIVATE LTD. | No | - | 1 | NA |
| 234 | VASANTI SHARE BROKERS LIMITED | No | - | 1 | NA |
| 235 | O J FINANCIAL SERVICES LTD. | No | 767 | 1 | 0.00% |
| 236 | DP TRADEKING PVT LTD | No | 2042 | 1 | 0.01% |
| 237 | DYNAMIC EQUITIES PRIVATE LIMITED | No | 96 | 1 | 0.00% |
| 238 | FARSIGHT SECURITIES LTD. | No | 1605 | 1 | 0.01% |
| 239 | DESTINY SECURITIES LTD. | No | - | 1 | NA |
| 240 | ISF SECURITIES LTD. | No | 726 | 1 | 0.00% |
| 241 | R WADIWALA SECURITIES PVT. LTD. | No | 8954 | 1 | 0.05% |
| 242 | ENRICH FINANCIAL SOLUTION PRIVATE LIMITED | No | 2244 | 1 | 0.01% |
| 243 | BAJAJ SHARE & STOCK BROKERS PVT. LTD | No | 23 | 1 | 0.00% |
| 244 | BURGEON SECURITIES | No | - | 1 | NA |
| 245 | MULTIPLEX CAPITAL LTD. | No | 2008 | 1 | 0.01% |
| 246 | PROGRESSIVE SHARE BROKERS PRIVATE LIMITED | No | 5410 | 1 | 0.03% |
| 247 | SHILPA STOCK BROKER PRIVATE LIMITED | No | 2318 | 1 | 0.01% |
| 248 | CAPSTOCKS & SECURITIES (INDIA) PRIVATE LIMITED | No | 6319 | 1 | 0.03% |
| 249 | NIRMAL BANG EQUITIES PRIVATE LIMITED | No | 105 | 1 | 0.00% |
| 250 | ANUPAM STOCK BROKING PVT. LTD. | No | - | 1 | NA |
| 251 | FAIR INTERMEDIATE INVESTMENTS PVT. LTD. | No | 1743 | 1 | 0.01% |
| 252 | PATERSON SECURITIES PRIVATE LIMITED | No | 1483 | 1 | 0.01% |
| 253 | A. S. STOCK BROKING AND MANAGEMENT PVT LTD. | No | 46 | 1 | 0.00% |
| 254 | VACHANA INVESTMENTS PRIVATE LIMITED | No | 466 | 1 | 0.00% |
| 255 | PATEL WEALTH ADVISORS PVT LTD | No | 6654 | 1 | 0.04% |
| 256 | ACEMONEY INTERMEDIARIES PRIVATE LIMITED | No | 514 | 1 | 0.00% |
| 257 | PRABHAT FINANCIAL SERVICES LTD. | No | 3308 | 1 | 0.02% |
| 258 | ARTHA VRDDHI SECURITIES LIMITED | No | 766 | 1 | 0.00% |
| 259 | STAMPEDE CAPITAL LIMITED | No | 175 | 1 | 0.00% |
| 260 | PRAVIN RATILAL SHARE AND STOCK BROKERS LTD | No | 13111 | 1 | 0.07% |
| 261 | CROWN CONSULTANTS (P) LIMITED | No | 349 | 1 | 0.00% |
| 262 | MOTISONS SHARES PRIVATE LIMITED | No | 1874 | 1 | 0.01% |
| 263 | AIRAN FINSTOCKS PRIVATE LIMITED | No | 6188 | 1 | 0.03% |
| 264 | JK SECURITIES PVT. LTD. | No | 8931 | 1 | 0.05% |
| 265 | ABIRA SECURITIES LIMITED | No | 804 | 1 | 0.00% |
| 266 | MITTAL SECURITIES PVT LTD | No | 61 | 1 | 0.00% |
| 267 | JHAVERI SECURITIES LIMITED | No | 40992 | 1 | 0.22% |
| 268 | MNM STOCK BROKING PVT LTD | No | 637 | 1 | 0.00% |
| 269 | SARAVANA STOCKS PRIVATE LIMITED | No | 651 | 1 | 0.00% |
| 270 | JKB FINANCIAL SERVICES LIMITED | No | 4205 | 1 | 0.02% |
| 271 | PUMARTH CREDIT & CAPITAL LTD. | No | 144 | 1 | 0.00% |
| 272 | WELLWORTH SHARE & STOCK BROKING LIMITED | No | 5596 | 1 | 0.03% |
| 273 | PATEL STOCK BROKERS LIMITED | No | - | 1 | NA |
| 274 | ASHOK LEYLAND INVESTMENT SERVICES LTD | No | - | 1 | NA |
| 275 | SARA SECURITIES PVT. LTD. | No | 253 | 1 | 0.00% |
| 276 | SUNIDHI SECURITIES & FINANCE LIMITED | No | 7213 | 1 | 0.04% |
| 277 | LIBORD BROKERAGE PVT. LTD. | No | 54 | 1 | 0.00% |
| 278 | ITI SECURITIES LIMITED | No | - | 1 | NA |
| 279 | COCHIN STOCK BROKERS LTD. | No | 3569 | 1 | 0.02% |
| 280 | VAG HOLDINGS PVT. LTD. | No | - | 1 | NA |
| 281 | JYOTI PORTFOLIO PRIVATE LIMITED | No | 2539 | 1 | 0.01% |
| 282 | RUDRA SHARES & STOCK BROKERS LIMITED | No | 8836 | 1 | 0.05% |
| 283 | KEDIA CAPITAL SERVICES PRIVATE LIMITED | No | 2131 | 1 | 0.01% |
| 284 | K K SECURITIES LTD. | No | 2162 | 1 | 0.01% |
| 285 | TRADEJINI FINANCIAL SERVICES PVT LTD | No | 7190 | 1 | 0.04% |
| 286 | BANHEM SECURITIES PVT LTD | No | 2 | 1 | 0.00% |
| 287 | ITC BHADRACHALAM SECURITIES LTD. | No | - | 1 | NA |
| 288 | MEMG SECURITIES LTD. | No | - | 1 | NA |
| 289 | INVENTURE GROWTH & SECURITIES LIMITED | No | 10191 | 1 | 0.05% |
| 290 | SUNSHINE FINSEC & MERCANTILE LTD. | No | 420 | 1 | 0.00% |
| 291 | VERTEX SECURITIES LTD. | No | 4138 | 1 | 0.02% |
| 292 | TATA SECURITIES LIMITED | No | - | 1 | NA |
| 293 | ITI FINANCIAL SERVICES LTD. | No | - | 1 | NA |
| 294 | MAASHITLA SECURITIES PRIVATE LIMITED | No | 91 | 1 | 0.00% |
| 295 | SUNNESS CAPITAL INDIA PVT LTD | No | 1635 | 1 | 0.01% |
| 296 | KOTAK MAHINDRA CAPITAL COMPANY LIMITED | No | - | 1 | NA |
| 297 | UNLOCK WEALTH SECURITIES LIMITED | No | 1218 | 1 | 0.01% |
| 298 | J M GLOBAL EQUITIES PRIVATE LIMITED | No | 1 | 1 | 0.00% |
| 299 | ALMONDZ GLOBAL SECURITIES LTD. | No | 2029 | 1 | 0.01% |
| 300 | WELLINDIA SECURITIES LIMITED | Yes (Expelled) | - | 1 | NA |
| 301 | B N RATHI SECURITIES LIMITED | No | 8763 | 1 | 0.05% |
| 302 | NIRMAN SHARE BROKERS PRIVATE LIMITED | No | 1277 | 1 | 0.01% |
| 303 | PRAGYA SECURITIES PRIVATE LIMITED | No | 5473 | 1 | 0.03% |
| 304 | HDFC BANK LTD. | No | - | 1 | NA |
| 305 | KHANDWALA SECURITIES LTD. | No | 862 | 1 | 0.00% |
| 306 | KAYNET FINANCE LIMITED | Yes (Expelled) | - | 1 | NA |
| 307 | RTG SHARE BROKING LIMITED | No | - | 1 | NA |
| 308 | RAJSONS SECURITIES LTD. | No | 38 | 1 | 0.00% |
| 309 | ACHINTYA SECURITIES PRIVATE LIMITED | No | 683 | 1 | 0.00% |
| 310 | ARHAM SHARE CONSULTANTS PRIVATE LIMITED | No | 8407 | 1 | 0.04% |
| 311 | TRANSWORLD SECURITIES LTD. | No | - | 1 | NA |
| 312 | AJCON GLOBAL SERVICES LIMITED | No | 2994 | 1 | 0.02% |
| 313 | ANAND RATHI FINANCIAL SERVICES LIMITED | No | - | 1 | NA |
| 314 | RELIGARE SHARE BROKERS LIMITED | No | - | 1 | NA |
Note: From the above table, you can note that Zerodha is the largest stockbroker based on the total number of active clients on NSE, followed by RKSV Securities (Upstox), ICICI Securities, Angel Broking, and HDFC Securities. The other top brokers in this list are 5Paisa, Groww, Kotak Securities, Sharekhan, Motilal Oswal, Axis Securities, and SBI Cap securities. The top 10 brokers in this list make 71.36% market share as per the total number of active clients on NSE.
ALSO READ
" alt="">
Closing Thoughts
In this post, we looked into the list of SEBI Registered Stockbrokers in India 2022. Although discount brokers like Zerodha and Upstox are currently leading the table, however, other traditional brokers houses like ICICI Securities, HDFC Securities, Sharekhan, etc are also catching up by entering into the discount business model. They used to lead the broking industry in terms of market share before the entry of discount brokers. However, a lot has changed in the last decade since discount brokers started growing rapidly.
Moreover, from the above table, we can also notice that some of the big brokers (like Karvy) have also been expelled for carrying out the broking business.
That’s all for this post on the complete list of SEBI Registered Stockbrokers in India. Do comment below which stockbroker you use in the comment section below. Have a great day and Happy investing!
Kritesh ( Tweet here ) is the Founder & CEO of Trade Brains & FinGrad . He is an NSE Certified Equity Fundamental Analyst with +7 Years of Experience in Share Market Investing. Kritesh frequently writes about Share Market Investing and IPOs and publishes his personal insights on the market.
Start Your Financial Learning Journey
Want to learn Stock Market and other Financial Products? Make sure to check out, FinGrad, the learning initiative by Trade Brains. Click here to Register today to Start your 3-Day FREE Trail . And do not miss out on the Introductory Offer!!
sir smart trade security trading company is sebi registered or frood co plz sugest me