IN THIS ARTICLE, WE ARE GOING TO KNOW ABOUT TOP BROKERAGE COMPANIES IN INDIA WITH THEIR NO OF ACTIVE CLIENTS.
IN INDIA, THERE ARE OVER A HUNDRED STOCKBROKERS AVAILABLE TO REGISTERED, AND NOWADAYS, IF ANYONE WANTS TO EARN EXTRA MONEY, THEN THEY SHOULD REGISTER.
MANY OF THE ARTICLES RANK STOCKBROKERS INDIA BASED ON FACTORS LIKE BRAND, VALUE TRADING PLATFORM, CUSTOMER SERVICE, ETC, BUT IN THIS ARTICLE, WE ARE NOT GOING TO LOOK AT THESE FACTORS.
FOR THIS ACCESSION, WE ARE GOING TO USE DATA FROM THE NSE INDIA WEBSITE. THIS IS THE NATIONAL STOCK EXCHANGE WEBSITE THAT GIVES THE MONTHLY TOTAL NUMBER OF EXCLUSIVE CLIENTS OF THE DIFFERENT BROKERS REGISTERED WITH IT.
SO HERE ARE THE TOP FIVE BROKERAGE OF INDIA:
01. ZERODHA BROKING LIMITED:
THE ZERODHA BROKING LIMITED IS A PRIVATE BROKERAGE IT WAS FOUNDED BY NITHIN KAMATH AND NIKHIL KAMATH ON AUGUST 15, 2010, ITS HEADQUARTERS IS IN BANGALORE, KARNATAKA. IT HAS A TOTAL NUMBER OF ACTIVE CLIENTS OF 3602074.
02 RKSV SECURITIES ( UPSTOX ) :
THE RKSV SECURITIES (UPSTOX ) LIMITED WAS FOUNDED BY RAVI KUMAR AND SHRINI VISWANATH IN 2010; ITS HEADQUARTERS IS IN NEW DELHI. IT HAS A TOTAL NUMBER OF ACTIVE CLIENTS OF 2141095.
03 ICICI SECURITIES LIMITED :
ICICI SECURITIES IS ONE OF THE INDIA'S LARGEST BROKERING FIRMS; ITS HEADQUARTERS IS IN MUMBAI. THE COMPANY IS LISTED ON THE BOMBAY STOCK EXCHANGE AND THE NATIONAL STOCK EXCHANGE. ICICI IS ALSO REGISTERED WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) AS A MERCHANT BANKER. THE COMPANY WAS ESTABLISH IN 1995. IT HAS A TOTAL NUMBER OF ACTIVE CLIENTS OF 1580233.
04: ANGEL BROKERING LIMITED ( ANGEL ONE ) :
ANGEL BROKERING LIMITED ( ANGEL ONE ) BROKERAGE WAS FOUNDED BY DINESH D THAKKAR ON AUGUST 08, 1996. THE HEADQUARTERS OF ANGEL BROKERING LIMITED IS IN ACKRUTI TRADE CENTER, ANDHERI MUMBAI, MAHARASHTRA. IT HAS A TOTAL NUMBER OF ACTIVE CLIENTS ARE 1564667. THE CEO OF ANGEL BROKERING LIMITED IS NARAYAN GHANDHARA.
05 HDFC SECURITIES LIMITED :
THE HDFC SECURITIES LIMITED WAS ESTABLISHED IN THE YEAR IN 2000, AND ITS HEADQUARTERS IS IN MUMBAI. IT HAS A TOTAL NUMBER OF ACTIVE CLIENTS ARE 957085. THE CHAIRMAN OF HDFC SECURITIES LIMITED IS BHARAT SHAH, DHIRAJ RELLI IS MANAGING DIRECTOR AND CEO, CV GANESH IS CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER.
AS JUNE 2021, THE TOTAL NUMBER OF ACTIVE CLIENTS OF ALL BROKERAGE IS 1,88,93,832 (1.89 Cr) AS SHOWN IN NSE WEBSITE.
FROM THE ABOVE ARTICLE, YOU CAN NOTICE THAT ZERODHA IS THE BIGGEST STOCK BROKERAGE IN INDIA, WITH THE HIGHEST NO OF UNIQUE CLIENTS REGISTERED ON THE NATIONAL STOCK EXCHANGE IN INDIA.
THE MOST INTERESTING PART IS THAT THE ZERODHA IS THE STARTUP THAT HAS TO OUTRANK ALL THE FIRMS IN INDIA. ZERODHA HAS ALSO WON MANY AWARDS SUCH AS BSE- DUN AND BRADSTREET, EMERGING EQUITY BROKERING HOUSE AWARDS IN 2014 AND 2015. ZERODHA WON THE BOOTSTRAP CHAMPE AWARD AT THE 2016 ECONOMIC TIMES STARTUP AWARD AND THE NSE RETAIL BROKER OF THE YEAR IN 2018. ZERODHA WON STARTUP OF THE YEAR AT THE 2020 ECONOMIC TIMES STARTUP AWARD.
SO THAT IS ALL ABOUT THE TOP FIVE BROKERAGE COMPANIES OF INDIA.
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