Company lists · Data refreshed September 2026

Top 25 Discount brokerages based in India

RevenueBase identified 200 company matches for discount brokerages associated with India as of September 2026 and tracks 26,528 professional contacts across them, including 2,471 with verified work emails. Mumbai is the largest hub.

This list covers company matches for discount brokerages associated with India, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed September 19, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, 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 RevenueBase SmartSearch · Exact Recorded Sep 19, 2026 How this list was built
200Companies
26,528Contacts tracked
2,471Verified emails
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The 25 largest discount brokerages based in India

Ranked by team size
Top 25 of 200 company matches for discount brokerages based in India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Sep 19, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchMumbai, IndiaHQ recorded Sep 19, 20261,001-5,0007,289 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
2Exact matchMumbai, IndiaHQ recorded Sep 19, 20261,001-5,0006,610 contacts →

Exact match

“Kotak Securities is one of the oldest and trusted equity brokerages in India, established in 1994.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
3Exact matchBangalore, IndiaHQ recorded Sep 19, 2026501-1,0002,273 contacts →

Exact match

“Zerodha is an Indian financial services company (member of NSE, BSE, MCX) that offers brokerage-free equity investments, retail, institutional broking, currencies, and commodities…”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
4Exact matchMumbai, IndiaHQ recorded Sep 19, 20261,001-5,0002,047 contacts →

Exact match

“Ventura is an omnichannel trading and investments platform with a network of branches, sub-brokers and Digital Channels.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
5Exact matchMumbai, IndiaHQ recorded Sep 19, 2026501-1,000799 contacts →

Exact match

“5paisa is a tech-first discount broker built by traders, for traders, offering a seamless investing & trading experience.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
6Exact matchMumbai, IndiaHQ recorded Sep 19, 2026501-1,000341 contacts →

Exact match

“Choice Equity Broking Private Limited, Research Division is an investment banking company based out of Choice House, Shree Shakambhari Corporate ParkPlot No 156-158, J.B.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
7Exact matchPune, IndiaHQ recorded Sep 19, 2026501-1,000286 contacts →

Exact match

“Capstone Securities Analysis Private Limited (CSA) is a financial services firm engaged in research and online trading of shares in US securities, particularly in the highly…”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
8Exact matchMumbai, IndiaHQ recorded Sep 19, 2026201-500268 contacts →

Exact match

“PhillipCapital India Pvt.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
9Exact matchKolkata, IndiaHQ recorded Sep 19, 2026501-1,000224 contacts →

Exact match

“We are the retail broking arm of Shriram Group, Chennai.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
10Exact matchKolkata, IndiaHQ recorded Sep 19, 2026501-1,000123 contacts →

Exact match

“We reckon such questions generally come to the uninitiated, and perhaps that's why you're here on this page in the first place!”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
11Exact matchMumbai, IndiaHQ recorded Sep 19, 202651-200115 contacts →

Exact match

“Welcome to StoxBox, your ultimate technology-based Value Broker!”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
12Exact matchMumbai, IndiaHQ recorded Sep 19, 202651-200107 contacts →

Exact match

“BlinkX, an advanced trading platform specifically tailored for active traders, offers tools to support high-frequency trading and strategy optimization.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
13Exact matchBangalore, IndiaHQ recorded Sep 19, 2026201-50097 contacts →

Exact match

“Rupeezy is a customer-focused Indian stock brokerage firm offering a comprehensive suite of financial products, including equities, mutual funds, futures & options, IPOs, and…”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
14Exact matchMumbai, IndiaHQ recorded Sep 19, 202651-20087 contacts →

Exact match

“We're on one crazy mission, to build a pro-grade, rock-solid trading platform at ₹1 brokerage.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
15Exact matchNew Delhi, IndiaHQ recorded Sep 19, 202651-20074 contacts →

Exact match

“Stoxkart is a rapidly growing financial brokerage house with the goal of making trading easier and cheaper by breaking all barriers that traders and investors face in India in…”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
16Exact matchHimayathnagar Hyderabad, IndiaHQ recorded Sep 19, 202651-20074 contacts →

Exact match

“SAVE YOUR MONEY ONLINE TRADING ABCPL - ABFS ZERO BROKERAGE Dear Sir/Mam, Are you Fed up of Heavy Brokerages?”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
17Exact matchAndheri East, IndiaHQ recorded Sep 19, 202651-20065 contacts →

Exact match

“TradeSmart is a technology-driven discount broking platform built for traders who expect reliability, speed, and precision from their trading experience.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
18Exact matchMumbai, IndiaHQ recorded Sep 19, 202651-20060 contacts →

Exact match

“RKSV is a retail brokerage firm for securities and commodities headquartered in Mumbai, India.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
19Exact matchMohali, IndiaHQ recorded Sep 19, 202651-20054 contacts →

Exact match

“Explore Shoonya’s new, upgraded avatar - a platform that’s truly invested in your growth.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
20Exact matchMumbai, IndiaHQ recorded Sep 19, 2026201-50052 contacts →

Exact match

“With over stocks listed on the NSE/BSE, Stock market investing can be complicated.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
21Exact matchNoida, IndiaHQ recorded Sep 19, 202651-20029 contacts →

Exact match

“We are Best Online Stock Broker in India”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
22Exact matchAhmedabad, IndiaHQ recorded Sep 19, 202611-5023 contacts →

Exact match

“With so many Broking Houses vying for your attention, you may want to ask us why we think you should prefer Beeline over the rest.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
23Exact matchPune, IndiaHQ recorded Sep 19, 20261-1018 contacts →

Exact match

“Upstox Share Trading Online at low brokerage with India's leading discount broker - Upstox.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
24Exact matchAhmedabad, IndiaHQ recorded Sep 19, 20261-1016 contacts →

Exact match

Recorded description not available.

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase
25Exact matchMumbai, IndiaHQ recorded Sep 19, 202611-5013 contacts →

Exact match

“Thincredblu is a community-driven discount broker.”

Recorded in the RevenueBase company graph · Sep 19, 2026 · View company records in RevenueBase

Showing 25 of 200 discount brokerages based in India

See the full list, filter by size, metro and specialty, and access 2,471 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Discount brokerages based in India at a glance

As of Sep 19, 2026
9.3%Verified-email coverage
132.6Average contacts per company
11-50Median size (employees)
19.0%Largest-city concentration · Mumbai
Sep 19, 2026Page data refreshed

Companies by employee count

1-10
41
11-50
64
51-200
47
201-500
27
501-1,000
12
1,001-5,000
8
5,001-10,000
1

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 200 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with India whose business descriptions match “discount brokerages” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
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 displayed company carries at least one verified work email. RevenueBase tracks 2,471 professional contacts with verified work emails across the full matched dataset. 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.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “discount brokerages”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many discount brokerages are there based in India?

RevenueBase identified 200 company matches for discount brokerages associated with India as of September 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

Icici Securities tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city has the most discount brokerages?

Mumbai leads with 38 company records, followed by New Delhi (18) and Bangalore (14).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 2,471 professional contacts with verified work emails tracked across these 200 companies; direct dials are available where recorded.

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 SmartSearch, 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.