Company lists · Data refreshed September 2026

Top 25 Stock brokers based in India

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

Compiled by the RevenueBase Data Team Data refreshed Sep 22, 2026 680 companies tracked

RevenueBase identified 680 stock brokers headquartered in India as of September 2026 and tracks 57,155 professional contacts across them, including 4,929 with verified work emails. Mumbai is the largest hub.

This list covers stock brokers 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 22, 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 22, 2026 86% judged on-target in blind review

680Companies

57,155Contacts tracked

4,929Verified emails

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The 25 largest stock brokers based in India

Ranked by team size

Top 25 of 680 stock brokers based in India, ranked by team size, largest first. Data refreshed Sep 22, 2026. RevenueBase Smart Search rates how each company's information relates to stock brokers: 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	Kotak Securities	Partial evidence	Mumbai, IndiaHQ checked Sep 22, 2026	1,001-5,000	6,610 contacts →
	Partial evidence “Kotak Securities is one of the oldest and trusted equity brokerages in India, established in 1994.” Source: RevenueBase Database · checked Sep 22, 2026
2	Mirae Asset Sharekhan	Partial evidence	Mumbai, IndiaHQ checked Sep 22, 2026	1,001-5,000	5,438 contacts →
	Partial evidence “Founded in 1995, Mirae Asset Sharekhan was one of the first brokers to introduce online trading in India.” Source: RevenueBase Database · checked Sep 22, 2026
3	SBI Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
4	Hdfc Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
5	Zerodha	Partial evidence	Bangalore, IndiaHQ checked Sep 22, 2026	501-1,000	2,273 contacts →
	Partial 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 22, 2026
6	Iifl Capital Services Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
7	Swastika Investmart Limited	Indirect evidence	Indore, IndiaHQ checked Sep 22, 2026	501-1,000	1,450 contacts →
	Indirect evidence “Swastika Investmart Limited, SEBI Reg.” Source: RevenueBase Database · checked Sep 22, 2026
8	Tradebulls Securities P Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
9	Arihant Capital Markets LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
10	YES Securities	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
11	PL Capital Group Prabhudas Lilladher	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
12	Idbi Capital Markets & Securities LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 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 22, 2026
13	Adroit Financial	Indirect evidence	Kaushambi, IndiaHQ checked Sep 22, 2026	501-1,000	600 contacts →
	Indirect evidence “Adroit Financial Services Pvt.” Source: RevenueBase Database · checked Sep 22, 2026
14	ABC	Indirect evidence	Chennai, IndiaHQ checked Sep 22, 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 22, 2026
15	Monarch Networth Capital LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 2026	501-1,000	528 contacts →
	Indirect evidence “Monarch Networth Capital (MNCL) is a diversified financial services firm built on a single promise: Value Creation.” Source: RevenueBase Database · checked Sep 22, 2026
16	Profitmart	Partial evidence	Pune, IndiaHQ checked Sep 22, 2026	501-1,000	427 contacts →
	Partial evidence “Profitmart Securities Pvt Ltd - SEBI Regd No: PROFITMART is an emerging Stock Broking house in India offering diversified investment options like Equities, Derivatives, Currency…” Source: RevenueBase Database · checked Sep 22, 2026
17	Sushil Finance	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 2026	201-500	415 contacts →
	Indirect evidence “Established in 1982 as a Proprietary Concern with focus on underwriting and marketing IPOs.” Source: RevenueBase Database · checked Sep 22, 2026
18	Ifci Financial Services	Indirect evidence	Chennai, IndiaHQ checked Sep 22, 2026	201-500	398 contacts →
	Indirect evidence “IFCI Financial Services Ltd (I-FIN) was promoted in 1995, by IFCI Ltd, to provide a wide range of financial products and services to investors, institutional and retail.” Source: RevenueBase Database · checked Sep 22, 2026
19	Nirmal Bang Securities Private Limited	Indirect evidence	Kolkata, IndiaHQ checked Sep 22, 2026	201-500	370 contacts →
	Indirect evidence “NIRMAL BANG SECURITIES PRIVATE LIMITED is a company based out of 38 B KHATAU BLDG2ND FLOOR,ALKESH DINESH MODY MARG FORT, MUMBAI, Maharashtra, India.” Source: RevenueBase Database · checked Sep 22, 2026
20	Choice Equity Broking Private Limited, Research Division	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 2026	501-1,000	341 contacts →
	Indirect evidence “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.” Source: RevenueBase Database · checked Sep 22, 2026
21	Phillipcapital India	Indirect evidence	Mumbai, IndiaHQ checked Sep 22, 2026	201-500	268 contacts →
	Indirect evidence “PhillipCapital India Pvt.” Source: RevenueBase Database · checked Sep 22, 2026
22	Paterson Securities Pvt. LTD	Indirect evidence	Chennai, IndiaHQ checked Sep 22, 2026	51-200	248 contacts →
	Indirect evidence “Paterson Securities Pvt.” Source: RevenueBase Database · checked Sep 22, 2026
23	HEM Securities LTD	Indirect evidence	Jaipur, IndiaHQ checked Sep 22, 2026	201-500	236 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 22, 2026
24	Lakshmishree Investment And Securities Limited	Indirect evidence	Parel, IndiaHQ checked Sep 22, 2026	51-200	160 contacts →
	Indirect evidence “Incorporated in the year 2005, Lakshmishree Investment & Securities Ltd (LISL) is a corporate member of NSE, BSE, MCX, and a Depository Participant with CDSL.” Source: RevenueBase Database · checked Sep 22, 2026
25	Mangal Keshav Securities LTD	Partial evidence	Mumbai, IndiaHQ checked Sep 22, 2026	201-500	146 contacts →
	Partial evidence “Mangal Keshav is one of the premier broker in the equities and derivatives market for Retail and Institutional customers in India.” Source: RevenueBase Database · checked Sep 22, 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: stock brokers. 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 stock brokers.
Partial evidence: Its own public description names part of stock brokers, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name stock brokers. 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 680 stock brokers based in India

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Stock brokers based in India at a glance

As of Sep 22, 2026

8.6%Verified-email coverage

84.1Average contacts per company

11-50Median size (employees)

17.1%Largest-city concentration · Mumbai

Sep 22, 2026Page data refreshed

Companies by employee count

1-10

248

11-50

221

51-200

114

201-500

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 680 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 stock brokers, 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 “stock brokers”. 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 stock brokers), 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 stock brokers, 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, 4,929 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 22, 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.

Stock brokers by metro

Stock brokers in Mumbai116
Stock brokers in New Delhi50
Stock brokers in Ahmedabad37
Stock brokers in Kolkata36
Stock brokers in Pune31
Stock brokers in Indore26
Stock brokers in Bangalore25
Stock brokers in Chennai25

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 stock brokers, 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 stock brokers are there based in India?

RevenueBase identified 680 stock brokers 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?

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

Which city has the most stock brokers?

Mumbai leads with 116 headquartered companies, followed by New Delhi (50) and Ahmedabad (37).

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 4,929 verified decision-maker contacts tracked across these 680 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 22, 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.