Top 10 Broking companies in India 2019

Kotak Securities Limited – An important subsidiary of Kotak Mahindra Bank, Kotak Securities Limited is among top most stock broking and distribution arm of Kotak Mahindra Group.

In fact the group is one of the oldest broking houses in the country. Headquartered in Mumbai and established in 1994, its operations include stock broking and distribution of several financial products. Being a corporate member of both National Stock Exchange of India and Bombay Stock Exchange, it is ranked as number 1 in India’s institutional investor rankings as per weighted average.  

Type – Private, Industry – Stock Broker, Mutual Funds, Insurance, Founded – 1994, Number of Employees – 4,600

Sharekhan Limited – Sharekhan is basically an online website portal accessed by thousands of users for online trading, stock marketing and investments. Incorporated in 2000 by entrepreneur ‘Shripal Morakhia’, the group is ranked as the second biggest stock broker online portal and has its branches in more than 575 cities across the country.  

Type of site – Business portal, Founded - 2000

India Bulls – Headquartered in Mumbai, Indiabulls is a leading and prominent Indian group having wide presence in domains such as Infrastructure, Real Estate, Securities and Housing Finance. All the mentioned groups are authorized and listed on the National Stock Exchange and Bombay Stock Exchange. The combined market capitalization of the firms is more than 15,443 Crore. In fact, the company Indiabulls was deliberated by the status of a ‘Business Superbrand’ in accord to the Brand Council, Superbrands India in year 2008.    

Type – Public, Industry – Financial Services, Securities, Real Estate, Founded – 2000, Number of Employees – 20000  


India Infoline Limited – Earlier widely been popular as India Infoline Limited, now the group is popular as IIFL Holdings Limited is a preeminent Indian financial service provider. Headquartered in Mumbai and established in 1995, the company has more than 4000 business locations situated in approximate 900 cities across the country. Along with the country, the company has its wide presence in 8 other countries including Dubai, Singapore, UK, USA, Hong Kong, Sri Lanka, Switzerland and Mauritius. In addition, it was awarded as the fastest growing wealth management company by CNBC TV 18 Financial Advisor Awards in 2013 and as the greatest asset growth champion by the Wealth Forum Advisor Awards in 2013.    

Type – Public, Industry – Financial Services, Founded – 1995

ICICI Direct- ICICI Securities which is a leading and prominent integrated financial services company in the country empowered with more than 2.5 million Indians to seamlessly and effortlessly access the capital market via its award winning and user friendly portal that is The online platform caters into convenient and simple ways to invest in derivates, equity, mutual funds, currency futures and much other service proffering such as tax services, fixed deposits, loans, and insurance and new pension systems. The company understands the significance and requirement for financial education and literacy and has been utilizing many platforms to raise awareness in empowering its users worldwide to take informed and good investment decisions.        

Reliance Money – A significant part of Reliance Capital, Reliance Money Solutions is one ofIndia’s prominent and most trustable financial service providers. This group proffer customers qualitative and profiting investment planning, financial planning and protection planning solutions spanning across the entire spectrum of financial products. The company believes that by enabling customers with their superb products and services range customized to suit their goals and needs, they are empowering them to realize their life’s dreams and aspirations. Moreover, it remains focused and clear on becoming the leading and top financial partner of choice by leveraging their unique expertise, top class service and great state-of-art technology.       

Angel Broking Limited – Incorporated in 1987, Angel Broking Limited is a leading broking company backed with excellence in customer relations and related services. At present, the company has evolved as one of the most prestigious and trustable stock broking and wealth management firms in the country. With its unparalleled retail focused stock trading business prototype, the company is highly committed to deliver real value for money to its clients worldwide. The group is listed as an authorized member of Bombay Stock Exchange, along with National Stock Exchange and the two prominent commodity exchanges in the country that is MCX and NCDEX. In addition, it deals in commodities, equity trading, portfolio management services, IPO, life insurance, mutual funds, investment advisory and depository services.       

Founded – 1987

Motilal Oswal Securities Ltd is a leading broking company of India that was started in 1987 and has been providing excellent services to over 8 lakh customers. It has huge network in PAN India with the presence at 1657 business locations in 517 cities.

Karvy Stock Broking Limited is placed at ninth placed in the list of top 10 broking companies of India. It was started in 1985 and provides services in Mutual Funds, Equity Investment and Currency Exchange.

Geojit BNP Paribas is last in the list. It is Kerala based company provide services that includes Currency Exchange, Mutual Funds, Portfolio Management, etc