Best trading app in India

What Best trading app in India does

Rudra Shares & Stock Brokers Limited (operating as Rudra Shares) is a SEBI-registered, privately held Indian stock brokerage headquartered in Kanpur, Uttar Pradesh, serving retail investors across 26 states and 3,876+ pin codes through 10 branch offices and an Authorised Person network. The company offers equity trading, futures and options, commodity and currency derivatives, mutual funds, IPOs, fixed return bonds, AIFs, NPS, and insurance distribution, delivered through a hybrid digital-plus-relationship model targeting both beginners and active derivatives traders.

The technology stack centers on the Rudra MINT+ trading platform ecosystem: a mobile app (Android and iOS), a browser-based web trading platform, and the Rudra MF mutual fund app, all connected to NSE, BSE, MCX, and NCDEX with real-time market data, 100+ technical indicators, multi-timeframe charting, 50+ screeners, custom watchlists with price alerts, and integrated back-office and instant payment gateway functionality. The company also offers international market trading access via a partner routing integration, and supports 100% paperless KYC (e-KYC, R-KYC, joint holder, and non-individual flows).

The business model is primarily transaction-based: brokerage commissions on trades across equity, F&O, commodity, and currency segments form the core revenue stream, supplemented by non-refundable account opening charges and distribution commissions from mutual fund, IPO, bond, insurance, and NPS distribution. The company claims 30+ years of market experience and 129,000+ investors served, with a digital-first marketing approach (weekly newsletters, social media, YouTube tutorials, app store presence) layered over physical branches and partner-driven acquisition in Tier-2/3 markets.

Name

Best trading app in India

Legal name

Rudra Shares And Stock Brokers LTD

Website

https://rudrashares.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Rudra Shares & Stock Brokers Limited is a SEBI-registered Indian retail brokerage offering equity, derivatives, commodities, mutual funds, IPOs, and insurance distribution to 129,000+ investors across 26 states via its Rudra MINT+ trading platform and 10 regional branch offices.

Ownership category

akta.pro rank

Product category

Retail Stock Broking

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221), Investment Advice (6282)

akta.pro primary industry

Multi-Asset / Cross-Asset Brokerage (FSAEACAM)

akta.pro secondary industries

Discount & Online Retail Brokerage (FSAEACAB), Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA)

Keywords

• Retail stock broking
• Online share trading
• Equity derivatives trading
• Mutual fund distribution
• Commodity trading platform

Headquarters

HQ city

Kanpur

HQ country

India

HQ region

Asia

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Brokerage Commission: Brokerage charges levied on each trade executed by clients across equity, futures and options, commodities, and currency segments. The company charges minimal/competitive brokerage rates with different rates applicable per segment.
2. Account Opening Charges: Fees charged for opening new trading and demat accounts. Account opening charges are mentioned as non-refundable per their cancellation policy.
3. Investment Product Distribution: Revenue from distribution of mutual funds, IPOs, bonds, insurance, and NPS products where the company acts as a distributor earning commissions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Rudra Shares And Stock Brokers Limited operates a SEBI-registered retail stock broking and investment services business under the brand "Best trading app in India." Its core offering is the Rudra MINT+ trading platform (mobile and web) that enables retail investors to trade equity, derivatives (futures and options), commodities, and currency segments across NSE, BSE, MCX, and NCDEX exchanges. The company also distributes mutual funds, IPOs, fixed-return bonds, AIFs, NPS, and insurance products, supported by demat account services through CDSL, e-KYC onboarding, and research-driven advisory.

Product overview

Rudra Shares operates as a comprehensive stock brokerage and trading platform offering a unified product portfolio centered around the Rudra MINT+ ecosystem. The core offerings include the Rudra MINT+ mobile trading app, Rudra MINT+ Web browser platform, and Rudra MF mutual fund app, supported by a range of investment services spanning equity trading, futures & options, mutual funds, IPOs, fixed return bonds, alternative investment funds (AIF), commodity trading, NPS, and insurance. The platform serves retail investors across 26 states in India through multiple delivery channels including mobile applications, web-based trading, and physical branch locations.

Differentiator

Problem solved

Functional benefit

Brands

• Rudra MINT+: Mobile and web trading application for stocks, IPOs, F&O, and Commodities
• Rudra MF

Products and services

• Rudra MINT+ Mobile App Mobile trading application for individual investors enabling trading in stocks, IPOs, F&O, and commodities with real-time market data, advanced charting, customizable price alerts, and integrated portfolio management.
• Rudra MINT+ Web Platform Browser-based online trading platform enabling unified trading across NSE, BSE, MCX, and NCDEX with real-time MTM calculations, live streaming quotes, and comprehensive portfolio management.
• Rudra MF App Mutual fund investment mobile application offering 100% paperless onboarding, goal-based planning, real-time market insights, and complete portfolio tracking for retail investors.
• Equity Trading Service Online equity trading service enabling retail investors to invest in listed shares with ownership benefits, liquidity, and dividend income opportunities.
• Futures & Options Service Derivatives trading service offering equity, currency, and commodity futures and options contracts for active traders and hedgers.
• Mutual Funds Distribution Mutual fund distribution service enabling investors to allocate capital across managed shared investment funds for steady long-term returns.
• IPO Investment Service IPO application and subscription service allowing retail investors to participate in new equity issuances through a dedicated online platform.
• Fixed Return Bonds Service Bond distribution service offering government and corporate bonds with steady payouts, lower risk, and reliable cash flow for conservative investors.
• Alternative Investment Fund (AIF) Service Alternative Investment Fund distribution service offering access to alternative assets suited for portfolio diversification and high-growth potential.
• Commodity Trading Service Commodity derivatives trading service on MCX and NCDEX enabling investors to trade gold, silver, agri-commodities, and other commodity contracts.
• National Pension System (NPS) Service National Pension System distribution service for retirement planning with long-term savings accumulation under a regulated pension framework.
• Insurance Advisory Service Insurance advisory and distribution service covering health, car, bike, and life insurance products for retail customers.

Quantifiable outcome

• Serves 129,000+ investors across India
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Dhan: Niche emerging Indian discount broker focused on active traders and derivatives with advanced charting tools. Partial overlap with Rudra's F&O-trader segment but more specialized and younger.

Direct peers

• Groww: Fast-growing Indian online retail broker and mutual fund platform with a mobile-first app. Directly comparable to Rudra on retail brokerage, mutual fund distribution, and free/zero-brokerage trading proposition.
• Upstox: Tech-led Indian discount broker offering equity, F&O, commodity and mutual fund investing. Directly comparable to Rudra on multi-exchange mobile/web trading platform and low brokerage retail positioning.
• Zerodha: India's largest discount/online retail stockbroker offering equity, derivatives, commodity, and mutual fund investing via Kite platform. Directly comparable to Rudra on multi-asset retail brokerage, low-cost positioning, and self-serve mobile/web trading apps.
• Angel One: Listed Indian retail broking franchise (formerly Angel Broking) with strong mobile app presence across equity, derivatives, commodities, and mutual funds. Comparable hybrid digital-plus-advisory model and customer segment to Rudra.
• 5paisa: Discount stockbroker offering mobile/web trading, mutual funds, and insurance distribution. Comparable to Rudra on low-cost online retail brokerage and diversified investment product basket.

Broad incumbents

• Sharekhan: Long-established Indian full-service broker with branch and franchise network across India, offering equity, derivatives, mutual funds, and advisory. Comparable to Rudra's hybrid model with physical presence and relationship management.
• IIFL Securities: Listed Indian full-service broker with retail broking, advisory, mutual fund distribution, and loan against shares. Comparable to Rudra on diversified retail investment products and physical branch-led customer service.
• ICICI Direct: Bank-led Indian online brokerage and investment platform from ICICI Bank offering equity, derivatives, mutual funds, IPO, and NPS. Comparable to Rudra on full-basket investment offering anchored by 3-in-1 account integration.
• Motilal Oswal Financial Services: Listed Indian full-service broker and wealth manager with broad product offerings and pan-India retail branch network. Comparable to Rudra on multi-asset retail broking, mutual fund distribution, and physical distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@rudrashare
• Facebookfacebook.com/rudrashares
• LinkedInlinkedin.com/company/rudra-shares-stock-brokers-ltd
• Instagraminstagram.com/rudrashares/?hl=en
• Xx.com/rudrashares

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Best trading app in India