Pune E Stock Broking
Pune E Stock Broking (PESB) is a publicly listed Indian corporate broking house offering equity, derivatives, commodity, and currency trading, depository, mutual fund, AIF, IPO, and merchant banking services to 75K+ retail, HNI, and corporate clients across 15+ cities via proprietary mobile, web, and API platforms.
- Company typePublic
- Founded2007
- HeadquartersPune, India
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Pune E Stock Broking does
Pune E Stock Broking Limited (PESB) is a Pune-headquartered, publicly listed Indian corporate broking house founded in 2007 that delivers a multi-segment capital markets platform to retail investors, high-net-worth individuals (HNIs), and corporate clients across 15+ Indian cities. The company is registered with SEBI as a stock broker (INZ000161438), CDSL depository participant (IN-DP-479-2020), AMFI mutual fund distributor (ARN-173556), SEBI Research Analyst (INH000018197), and SEBI Merchant Banker (INM000013323), allowing it to offer equity, derivatives, currency, and commodity broking on NSE, BSE, MCX, and NCDEX alongside depository, mutual fund distribution, IPO, Category III AIF, and merchant banking services.
The technology stack centers on three proprietary access points: the PESB Wave mobile trading application (iOS and Android) for retail execution with watchlists, price alerts, and IPO applications; the PESB Aero web-based trading platform providing charting (integrated with TradingView), watchlist customization, and multi-payment execution; and the XTS API enabling programmatic and algorithmic trading connectivity for strategy builders. Supporting infrastructure includes a Capital portal for unified ledger and portfolio analytics, a research portal delivering in-house fundamental and technical analysis, and an eKYC self-service onboarding flow.
PESB operates a hybrid go-to-market combining digital self-serve onboarding with relationship-manager-led servicing for HNI and corporate segments. Revenue is generated primarily through transaction-based brokerage fees across delivery, intraday, futures, and options (0.03%-0.3% on cash, flat Rs30 per options lot), supplemented by currency and commodity trading commissions, mutual fund distribution trails, demat account maintenance (Rs500/year or Rs3,000 lifetime), IPO service fees, margin trading facility interest, MTF/margin pledge services, and merchant banking advisory fees. The firm has grown to 75K+ active clients serviced by 150+ associates, with distribution across a branch network and digital channels including mobile apps, web platform, WhatsApp community, and social channels.
Pune E Stock Broking firmographics
Firmographics- Name
- Pune E Stock Broking
- Legal name
- Pune E Stock Broking Limited
- Website
- https://pesb.co.in
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Pune E Stock Broking (PESB) is a publicly listed Indian corporate broking house offering equity, derivatives, commodity, and currency trading, depository, mutual fund, AIF, IPO, and merchant banking services to 75K+ retail, HNI, and corporate clients across 15+ cities via proprietary mobile, web, and API platforms.
- Ownership category
- akta.pro rank
Pune E Stock Broking industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Secondary Offerings & Share Sales (Secondary Placements) (FSACAAAG)
Keywords
Where Pune E Stock Broking is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Pune E Stock Broking business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Equity Broking: Brokerage charges for buying and selling shares in equity delivery, intra-day, futures, and options segments. Revenue generated through transaction fees, exchange transaction charges, and STT/CTT levies passed on to clients.
- Currency & Commodity Trading: Brokerage fees for currency futures/options and commodity futures/options trading across NSE, BSE, MCX, and NCDEX exchanges.
- Mutual Fund Distribution: Wealth management services including mutual fund distribution, offering investors access to various schemes across asset management companies.
- IPO Services: Access to Initial Public Offerings with seamless application process and expert guidance for better investment decisions.
- Demat & Depository Services: CDSL depository services with demat account maintenance charges and transaction processing fees.
- Merchant Banking: Financial advisory and capital raising solutions for corporate clients including offer documents for public issues, information memorandums for private placements, and underwriting agreements.
- AIF (Alternative Investment Fund): Category III Alternative Investment Fund services for sophisticated investors.
- Margin Funding & MTF: Margin pledge services and Margin Trading Facility (MTF) with interest charges on debit balances.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Equity Delivery: 0.3% brokerage on trade value |
| Transaction based/ take rate | Pay-as-you-go | Equity Intra-Day: 0.03% brokerage on trade value |
| Transaction based/ take rate | Pay-as-you-go | Equity Futures: 0.03% brokerage |
| Transaction based/ take rate | Pay-as-you-go | Equity Options: Flat Rs 30 per lot |
| Transaction based/ take rate | Pay-as-you-go | Currency Futures: 0.3% brokerage |
| Transaction based/ take rate | Pay-as-you-go | Currency Options: Flat Rs 30 per lot |
| Transaction based/ take rate | Pay-as-you-go | Commodity Futures: 0.3% brokerage |
| Transaction based/ take rate | Pay-as-you-go | Commodity Options: Flat Rs 50 per lot |
| Subscription | Annual | Demat Maintenance: Rs 500/year or Rs 3,000 lifetime |
| Transaction based/ take rate | Pay-as-you-go | Call & Trade: Rs 50 + GST per order |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels9 records
Pune E Stock Broking product offering
Product offeringCore offering
Pune E Stock Broking (PESB) is a SEBI-registered corporate broking house that provides equity, derivatives, commodity, and currency trading services across NSE, BSE, MCX, and NCDEX. The firm also offers depository services through CDSL, mutual fund distribution, IPO and AIF access, wealth management under PESB Wealth, merchant banking for corporate capital raising, and in-house research. Customers transact via the PESB Wave mobile app, PESB Aero web platform, or the XTS API for algorithmic trading.
Product overview
PESB operates as a comprehensive financial services platform offering an integrated ecosystem of trading and investment products. The core offerings include equity, currency, and commodity broking through multiple channels: the PESB Wave mobile app (iOS/Android), the PESB Aero browser-based web platform, and the XTS API for algorithmic trading. The platform provides depository services via CDSL, mutual fund distribution, and wealth management through PESB Wealth. Additional services include IPO access, Category III AIF products, and merchant banking for capital raising. Research capabilities are delivered through an in-house research desk providing fundamental and technical analysis. All services are backed by SEBI compliance and integrated with TradingView for charting technology.
Differentiator
Problem solved
Functional benefit
Brands
- PESB Wave: Mobile and tablet trading platform enabling hassle-free trading with consolidated scrip overview, real-time charts, online IPOs, price alerts, secure account access, watchlist with filters, and quick order placement
- PESB Aero
- PESB Wealth
- PESB Capital
Quantifiable outcome
- 17+ years of market presence with 75K+ active clients
Companies that use Pune E Stock Broking
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Pune E Stock Broking technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Pune E Stock Broking partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Pune E Stock Broking competitors and assessment
Company assessmentDirect peers
- Groww: Leading Indian discount broker serving retail investors with equity, derivatives, and mutual fund distribution. Directly comparable product set and customer base; both target tech-savvy retail traders through mobile-first platforms.
- Upstox: Tech-led Indian discount broker providing equity, derivatives, and commodity trading via mobile/web platforms. Comparable as a SEBI-registered broker competing for the same retail and HNI client segments with proprietary technology.
- Sharekhan: Indian full-service retail broker offering equity, derivatives, currency, commodity trading plus research and advisory. Comparable hybrid online + relationship-manager model targeting retail and HNI clients.
- Angel One: Full-service Indian stock broker (BSE: 543235) offering broking, mutual fund distribution, depository, and research across multiple asset classes. Closely comparable as a publicly listed multi-product Indian brokerage.
- 5paisa Capital: Listed Indian discount broker (BSE: 540776) offering discounted broking, mutual fund distribution, and depository services. Comparable as a small-cap publicly listed Indian broker with similar product mix.
- Zerodha: India's largest retail stock broker by active client base. Directly comparable as a SEBI-registered broker offering equity, derivatives, commodity, and currency trading via proprietary platforms (Kite), with a discount brokerage model.
Broad incumbents
- Motilal Oswal Financial Services: Full-service Indian brokerage and wealth manager (BSE: 532892) offering broking, distribution, merchant banking, and research. Comparable as a SEBI-registered broker with merchant banking and research capabilities at a much larger scale.
- Kotak Securities: Bank-affiliated Indian broker offering broking, depository, mutual fund distribution, and merchant banking. Comparable multi-product SEBI-registered offerings; larger scale and brand reach.
- ICICI Direct: India's largest bank-affiliated online brokerage, offering full-service broking, mutual funds, IPO, depository, and research. Comparable product breadth but significantly larger scale and brand.
- HDFC Securities: Bank-affiliated full-service Indian stock broker providing equity, derivatives, currency, commodity broking, IPO, and wealth management. Comparable multi-product offering backed by a large financial conglomerate.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Pune E Stock Broking social profiles
Digital presencePune E Stock Broking compliance and trust
Trust signalCompliance5 records
Pune E Stock Broking financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pune E Stock Broking leadership team
Management profileNumber of profiles
Profiles1 record
Pune E Stock Broking funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pune E Stock Broking M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pune E Stock Broking
What does Pune E Stock Broking do?
Pune E Stock Broking (PESB) is a SEBI-registered corporate broking house that provides equity, derivatives, commodity, and currency trading services across NSE, BSE, MCX, and NCDEX. The firm also offers depository services through CDSL, mutual fund distribution, IPO and AIF access, wealth management under PESB Wealth, merchant banking for corporate capital raising, and in-house research. Customers transact via the PESB Wave mobile app, PESB Aero web platform, or the XTS API for algorithmic trading.
Is Pune E Stock Broking a public or private company?
Pune E Stock Broking is a public company. It is classified as public and is currently operating.
When was Pune E Stock Broking founded?
Pune E Stock Broking was founded in 2007. It employs 101 to 250 people.
Where is Pune E Stock Broking based?
Pune E Stock Broking is headquartered in Pune, India, in the Asia region.
How does Pune E Stock Broking make money?
Eight revenue lines are on record. Equity Broking is the primary driver. The others are currency & Commodity Trading, mutual Fund Distribution, IPO Services, demat & Depository Services, merchant Banking, AIF (Alternative Investment Fund) and margin Funding & MTF.
Who are Pune E Stock Broking's main competitors?
Direct peers on record are Groww, Upstox, Sharekhan, Angel One, 5paisa Capital and Zerodha. Broad incumbents are Motilal Oswal Financial Services, Kotak Securities, ICICI Direct and HDFC Securities.
Does Pune E Stock Broking have an API?
Yes. XTS API enables algorithmic trading and automated trading strategy development. Provides programmatic access to PESB's trading infrastructure for connecting and building automated trading strategies.
What industry is Pune E Stock Broking in?
Pune E Stock Broking's product category is Retail Brokerage. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of FSACAAAI, Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness). Its NAICS code is 523 and its SIC code is 6211.