Company lists · Data refreshed September 2026

Top 25 Brokerage firms based in India

Name: Brokerage firms based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 19, 2026 1,627 companies tracked

RevenueBase identified 1,627 brokerage firms headquartered in India as of September 2026 and tracks 102,568 professional contacts across them, including 8,364 with verified work emails. Mumbai is the largest hub.

This list covers brokerage firms headquartered in India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 19, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 19, 2026 86% judged on-target in blind review

1,627Companies

102,568Contacts tracked

8,364Verified emails

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The 25 largest brokerage firms based in India

Ranked by team size

Top 25 of 1,627 brokerage firms based in India, ranked by team size, largest first. Data refreshed Sep 19, 2026. RevenueBase Smart Search rates how each company's information relates to brokerage firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	Icici Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	7,289 contacts →
	Indirect evidence “With over seven decades of ICICI Group’s legacy of trust and financial expertise, ICICI Securities stands as a leading, customer-centric and technology-driven financial services…” Source: RevenueBase Database · checked Sep 19, 2026
2	Kotak Securities	Strong evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	6,610 contacts →
	Strong evidence “Kotak Securities is one of the oldest and trusted equity brokerages in India, established in 1994.” Source: RevenueBase Database · checked Sep 19, 2026
3	Mirae Asset Sharekhan	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	5,438 contacts →
	Indirect evidence “Founded in 1995, Mirae Asset Sharekhan was one of the first brokers to introduce online trading in India.” Source: RevenueBase Database · checked Sep 19, 2026
4	SBI Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	10001+	4,970 contacts →
	Indirect evidence “As a proud extension of the esteemed SBI legacy, SBI Securities offers a comprehensive suite of investment products and services designed to meet diverse financial objectives.” Source: RevenueBase Database · checked Sep 19, 2026
5	Hdfc Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	4,380 contacts →
	Indirect evidence “HDFC securities has been serving a diverse customer base of retail and institutional investors, since Headquartered in Mumbai, it offers an exhaustive product suite to help its…” Source: RevenueBase Database · checked Sep 19, 2026
6	Zerodha	Strong evidence	Bangalore, IndiaHQ checked Sep 19, 2026	501-1,000	2,273 contacts →
	Strong evidence “Zerodha is an Indian financial services company (member of NSE, BSE, MCX) that offers brokerage-free equity investments, retail, institutional broking, currencies, and commodities…” Source: RevenueBase Database · checked Sep 19, 2026
7	Bonanza Portfolio LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	2,178 contacts →
	Indirect evidence “Bonanza: Trusted Financial Partner for Over 30 Years Bonanza has been at the forefront of India’s financial services industry for over three decades, delivering excellence in…” Source: RevenueBase Database · checked Sep 19, 2026
8	SMC Group	Strong evidence	New Delhi, IndiaHQ checked Sep 19, 2026	1,001-5,000	2,161 contacts →
	Strong evidence “Established In 1990, SMC is a well-diversified financial services company in India offering services across brokerage (across the asset classes of equities (cash and derivatives)…” Source: RevenueBase Database · checked Sep 19, 2026
9	Geojit	Indirect evidence	Padivattom, IndiaHQ checked Sep 19, 2026	5,001-10,000	2,091 contacts →
	Indirect evidence “Geojit is one of India’s leading investment services companies, with a strong presence in the Gulf Cooperation Council (GCC) countries.” Source: RevenueBase Database · checked Sep 19, 2026
10	Ventura	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	2,047 contacts →
	Indirect evidence “Ventura is an omnichannel trading and investments platform with a network of branches, sub-brokers and Digital Channels.” Source: RevenueBase Database · checked Sep 19, 2026
11	Iifl Capital Services Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	1,878 contacts →
	Indirect evidence “IIFL Capital is a full-service financial institution, integrating Wealth Management, Investment Banking, and Institutional Equities on a research-driven platform.” Source: RevenueBase Database · checked Sep 19, 2026
12	Religare Broking LTD	Indirect evidence	Noida, IndiaHQ checked Sep 19, 2026	1,001-5,000	1,840 contacts →
	Indirect evidence “Religare Broking Limited (RBL), a wholly owned subsidiary of Religare Enterprises Limited (REL), is India’s leading full-service broking house.” Source: RevenueBase Database · checked Sep 19, 2026
13	DHANI	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	10001+	1,762 contacts →
	Indirect evidence “Dhani Stocks Limited is one of India’s leading capital market companies providing securities and derivative broking services.” Source: RevenueBase Database · checked Sep 19, 2026
14	Nippon India Mutual Fund	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	501-1,000	1,571 contacts →
	Indirect evidence “With 134 years of global expertise and over 25 years of experience in the Indian asset management space, Nippon India Mutual Fund is one of the largest asset managers in India.” Source: RevenueBase Database · checked Sep 19, 2026
15	Choice	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	5,001-10,000	1,282 contacts →
	Indirect evidence “Choice Equity Broking Private Limited: SEBI Reg No.” Source: RevenueBase Database · checked Sep 19, 2026
16	Tradebulls Securities P Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	1,001-5,000	1,256 contacts →
	Indirect evidence “Tradebulls Securities (P) Limited is one of the fastest growing broking houses in India serving 2L+ clients through business partners and employees.” Source: RevenueBase Database · checked Sep 19, 2026
17	Arihant Capital Markets LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	201-500	974 contacts →
	Indirect evidence “Arihant Capital Markets Limited is a public limited company incorporated in 1992, with a mission to make every Indian financially independent by offering suitable investment…” Source: RevenueBase Database · checked Sep 19, 2026
18	YES Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	501-1,000	916 contacts →
	Indirect evidence “Combining our vast knowledge, experience and intuitive understanding of the markets to help our customers make WiZe investment choices!” Source: RevenueBase Database · checked Sep 19, 2026
19	Mastertrust	Indirect evidence	New Delhi, IndiaHQ checked Sep 19, 2026	501-1,000	831 contacts →
	Indirect evidence “mastertrust Group is one of the leading financial services company in India.” Source: RevenueBase Database · checked Sep 19, 2026
20	Emkay Global Financial Services LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	501-1,000	816 contacts →
	Indirect evidence “Connect and Converse with likeminded people, Contribute and share your thoughts.” Source: RevenueBase Database · checked Sep 19, 2026
21	PL Capital Group Prabhudas Lilladher	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	501-1,000	812 contacts →
	Indirect evidence “PL Capital: Powering India's Financial Growth Since 1944 PL Capital Group - Prabhudas Lilladher is one of India's most trusted financial services providers and has been recognised…” Source: RevenueBase Database · checked Sep 19, 2026
22	Idbi Capital Markets & Securities LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 19, 2026	501-1,000	784 contacts →
	Indirect evidence “SEBI Reg No:NSE (CM, F&O) & BSE No:0893 \| DP ID: IN300-079/450 \| NSE Member No- 07066 \| BSE Clg.” Source: RevenueBase Database · checked Sep 19, 2026
23	NJ Indiainvest Private Limited	Indirect evidence	Surat, IndiaHQ checked Sep 19, 2026	501-1,000	675 contacts →
	Indirect evidence “NJ IndiaInvest Private Limited is an investment banking company based out of 901, NJ CentreUdna Udyog Nagar, Sangh Sahkari ComplexCentral Road No.” Source: RevenueBase Database · checked Sep 19, 2026
24	Adroit Financial	Indirect evidence	Kaushambi, IndiaHQ checked Sep 19, 2026	501-1,000	600 contacts →
	Indirect evidence “Adroit Financial Services Pvt.” Source: RevenueBase Database · checked Sep 19, 2026
25	ABC	Indirect evidence	Chennai, IndiaHQ checked Sep 19, 2026	501-1,000	538 contacts →
	Indirect evidence “Aditya Birla Money Limited ("ABML"), a subsidiary of Aditya Birla Capital Limited, is a listed company.” Source: RevenueBase Database · checked Sep 19, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: brokerage firms. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names brokerage firms.
Partial evidence: Its own public description names part of brokerage firms, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name brokerage firms. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 1,627 brokerage firms based in India

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Brokerage firms based in India at a glance

As of Sep 19, 2026

8.2%Verified-email coverage

63.0Average contacts per company

11-50Median size (employees)

16.6%Largest-city concentration · Mumbai

Sep 19, 2026Page data refreshed

Companies by employee count

1-10

716

11-50

511

51-200

209

201-500

111

501-1,000

1,001-5,000

5,001-10,000

10001+

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 1,627 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among brokerage firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in India whose own description of what they do matches “brokerage firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names brokerage firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among brokerage firms, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 8,364 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 19, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Brokerage firms by metro

Brokerage firms in Mumbai270
Brokerage firms in New Delhi110
Brokerage firms in Pune87
Brokerage firms in Kolkata83
Brokerage firms in Bangalore70
Brokerage firms in Ahmedabad66
Brokerage firms in Chennai51
Brokerage firms in Delhi49
Brokerage firms in Bengaluru41
Brokerage firms in Hyderabad39
Brokerage firms in Indore38
Brokerage firms in Jaipur36
Brokerage firms in Surat33
Brokerage firms in Noida30

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names brokerage firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many brokerage firms are there based in India?

RevenueBase identified 1,627 brokerage firms headquartered in India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Icici Securities, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most brokerage firms?

Mumbai leads with 270 headquartered companies, followed by New Delhi (110) and Pune (87).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 8,364 verified decision-maker contacts tracked across these 1,627 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 19, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.