Company lists · Data refreshed September 2026

Top 14 Fixed income trading firms based in India

RevenueBase identified 53 fixed income trading firms headquartered in India as of September 2026 and tracks 1,417 professional contacts across them, including 166 with verified work emails. Mumbai is the largest hub.

This list covers fixed income trading 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 20, 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 20, 2026 86% judged on-target in blind review
53Companies
1,417Contacts tracked
166Verified emails
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The 14 largest fixed income trading firms based in India

Ranked by team size
Top 14 of 53 fixed income trading firms based in India, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to fixed income trading 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.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceThane, IndiaHQ checked Sep 20, 2026201-500553 contacts →

Indirect evidence

“UBI Services Limited (UBISL) is a wholly owned subsidiary of Union Bank of India, a premier Public Sector Bank, having its registered office at Mumbai.”

Source: RevenueBase Database · checked Sep 20, 2026
2Indirect evidenceMumbai, IndiaHQ checked Sep 20, 2026201-500268 contacts →

Indirect evidence

“PhillipCapital India Pvt.”

Source: RevenueBase Database · checked Sep 20, 2026
3Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202651-20060 contacts →

Indirect evidence

“STCI Ltd was one of the earliest market makers of Government Securities since commencing operations in May 1994 as a subsidiary of the Reserve Bank of India and was one of the…”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceMumbai, IndiaHQ checked Sep 20, 2026201-50060 contacts →

Indirect evidence

“A.K.”

Source: RevenueBase Database · checked Sep 20, 2026
5Indirect evidenceKolkata / Mumbai, IndiaHQ checked Sep 20, 202611-5036 contacts →

Indirect evidence

“The firm is based out of Kolkata and has a branch office in Mumbai.”

Source: RevenueBase Database · checked Sep 20, 2026
6Indirect evidenceNew Delhi, IndiaHQ checked Sep 20, 202651-20032 contacts →

Indirect evidence

“Welcome to Dexif, where we're redefining bond investments for the modern era.”

Source: RevenueBase Database · checked Sep 20, 2026
7Strong evidenceMumbai, IndiaHQ checked Sep 20, 202611-5029 contacts →

Strong evidence

“SMEST is an investment platform where users can find the best fixed-income securities such as Corporate Bonds and G-Secs.”

Source: RevenueBase Database · checked Sep 20, 2026
8Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202651-20028 contacts →

Indirect evidence

“Crest Finserv Limited (CFL) formerly known as Tullett Prebon (India) Limited is an inter-dealer broker primarily operating in the Wholesale Debt Markets, Foreign Exchange Markets…”

Source: RevenueBase Database · checked Sep 20, 2026
9Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202651-20024 contacts →

Indirect evidence

“The Taurus Group has been a leading financial services provider for over two decades, offering a comprehensive suite of services like broking, advisory, depository, NBFC and…”

Source: RevenueBase Database · checked Sep 20, 2026
10Indirect evidenceKolkata, IndiaHQ checked Sep 20, 202651-20018 contacts →

Indirect evidence

“Millennium Stock Broking Pvt Ltd | SEBI Registration No.”

Source: RevenueBase Database · checked Sep 20, 2026
11Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202651-20017 contacts →

Indirect evidence

“Alka Securities Limited is financial services firm, offering solutions to diverese clients leveraging our many fold experience.”

Source: RevenueBase Database · checked Sep 20, 2026
12Indirect evidenceMumbai, IndiaHQ checked Sep 20, 20261-1013 contacts →

Indirect evidence

“24carat Capital Markets Pvt.”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceGandhinagar, IndiaHQ checked Sep 20, 202611-508 contacts →

Indirect evidence

“TradeAir (IFSC) is a diversified financial services firm offering unique broking, fund management and execution services.”

Source: RevenueBase Database · checked Sep 20, 2026
14Partial evidenceMumbai, IndiaHQ checked Sep 20, 20261-107 contacts →

Partial evidence

“ABOUT US Founded by experienced finance professionals, with background in global markets, structured products and institutional banking Low frequency trading in index derivatives…”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 14 of 53 fixed income trading firms based in India

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Fixed income trading firms based in India at a glance

As of Sep 20, 2026
11.7%Verified-email coverage
26.7Average contacts per company
11-50Median size (employees)
30.2%Largest-city concentration · Mumbai
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
17
11-50
17
51-200
9
201-500
8
501-1,000
2

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 53 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 fixed income trading 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 “fixed income trading 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 fixed income trading 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 fixed income trading 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, 166 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 20, 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.

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 fixed income trading 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 fixed income trading firms are there based in India?

RevenueBase identified 53 fixed income trading 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?

UBI Services LTD, headquartered in Thane, tops this list with the largest team on record.

Which city has the most fixed income trading firms?

Mumbai leads with 16 headquartered companies, followed by Kolkata (5) and New Delhi (5).

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 166 verified decision-maker contacts tracked across these 53 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 20, 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.