Zerodha

Zerodha Broking Ltd
IndustryFinancial services
FoundedAugust 2010; 14 years ago (August 2010)
FounderNithin Kamath & Nikhil Kamath
Headquarters
Bengaluru, Karnataka
,
India
Services
RevenueIncrease ₹83.7 billion (US$1.0 billion) (FY24)[1]
Increase ₹47 billion (US$560 million) (FY24)[1]
SubsidiariesZerodha Commodities Pvt. Ltd
Websitezerodha.com
Preview warning: Page using Template:Infobox company with unknown parameter "CEO"

Zerodha Broking Ltd. is an Indian stock broker and financial services company that is member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). It offers institutional and retail brokerage, currency and commodity trading, mutual funds and bonds.[2][3]

Founded in 2010, the company is headquartered in Bengaluru and has a physical presence in many major Indian cities.[4][5][6][7] As of May 2024, they have an active client base of 7.5 million customers registered with the NSE, giving them a market share of 17.5% and making them the 2nd largest broker in India.[8][9]

  1. ^ a b "Zerodha hits Rs 8,370 Cr revenue with over 55% profit margin in FY24". EnTrackr.
  2. ^ Barbora, Lisa Pallavi (12 April 2013). "Advantage customers: providers shift focus". LiveMint. Archived from the original on 25 June 2024. Retrieved 23 March 2024.
  3. ^ "Bengaluru broking firm Zerodha scraps fee for cash trades; rivals miffed by move". The Economic Times. 2 December 2015. Archived from the original on 25 June 2024. Retrieved 23 March 2024.
  4. ^ Baruah, Ayushman (25 October 2016). "Zerodha Trade Winds of Change". Business World India. Archived from the original on 27 October 2016. Retrieved 23 March 2024.
  5. ^ "Zerodha opens its Ahmedabad support center". The Economic Times. 30 May 2013. Archived from the original on 30 July 2013. Retrieved 23 March 2023.
  6. ^ R, Venkatesan (12 January 2018). "Active accounts: discount brokers gain market share". The Hindu Businessline. Archived from the original on 25 June 2024. Retrieved 23 March 2024.
  7. ^ Jha, Sneha (3 April 2018). "Technology helps us unleash innovation in the capital markets: Zerodha CTO Kailash Nadh". Economic Times | CIO. Archived from the original on 25 June 2024. Retrieved 23 March 2024.
  8. ^ Tiwari, Khushboo (15 April 2024). "Brokerage firm Groww seals top spot with nearly 23% market share". Business Standard. Archived from the original on 16 April 2024. Retrieved 16 June 2024.
  9. ^ "Report 1C: Report of Redressal of Complaints lodged by clients against Trading Members (TMs) during 2024-25: Last Updated on 31-MAY-2024". National Stock Exchange of India. 31 May 2024. Archived from the original on 11 June 2024. Retrieved 16 June 2024.