GRD

Name

GRD

Legal name

GRD Securities Limited

Website

https://grdgroupz.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GRD Securities Limited is a Kolkata-based, founder-controlled Indian full-service financial services firm offering retail broking, depository, advisory, commodities, currency, IPO/MF distribution, and FPI services through 17 branches and digital platforms.

Ownership category

akta.pro rank

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Brokerage - Equity & Derivatives: Brokerage commissions from stock broking services covering NSE, BSE, MCX for cash market, futures and options segments. Revenue is transaction-based, earned on each trade executed.
2. Depository Services: DP account services including dematerialisation, rematerialisation, transfer and pledging of shares. Nominal non-refundable deposit charged for services adjusted against future billings.
3. Investment Advisory: Research-based investment advisory and wealth management services including portfolio allocation, tax planning, insurance planning, and debt management.
4. IPO & Mutual Fund Distribution: Facilitates IPO and mutual fund investing. The company states no additional costs for IPO applications - zero brokerage for IPO applications.
5. Proprietary Trading: Trading using firm's own capital in financial instruments to earn profits, supplementing commission/brokerage revenue from client trades.
6. FPI Services: Foreign Portfolio Investment services including advisory on investment structure, jurisdictional analysis, and facilitating investment in Indian markets for FPIs.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

GRD Securities Limited is a SEBI-registered full-service brokerage firm providing retail and institutional clients with equity and derivatives trading on NSE, BSE, and MSEI, commodity and currency trading on MCX, NCDEX, and ICEX, NSDL/CDSL depository services, IPO and mutual fund distribution, FPI services for foreign investors, proprietary trading, and research-based investment advisory. The firm operates proprietary online trading platforms, mobile apps, and BackOffice portals, supported by 17 branches, sub-brokers, and relationship managers across India.

Product overview

GRD is a full-service financial services firm offering a comprehensive suite of broking and advisory products. The core platform is organized around three main entities: GRD Securities Ltd. (equity & derivatives broking on NSE, BSE, MSEI), GRD Commodities Ltd. (commodity & currency trading on MCX, NCDEX, ICEX), and GRD Securities IFSC Ltd. (IFSC segment trading). The product portfolio spans Retail Broking (equity, derivatives, commodities, currency), Depository Services (NSDL/CDSL), Investment Advisory, IPO & Mutual Fund distribution, FPI Services for foreign investors, and Proprietary Trading. Digital access is provided through Mobile Trading Apps, Online KYC (eKYC), BackOffice Client Portal, and BackOffice Mobile App. The company operates with a customer-first philosophy, serving retail investors, corporates, HNIs, and financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity & Derivatives Broking Capital market broking and derivatives trading on NSE and BSE, covering Index Futures & Options and Stock Futures & Options segments, supported by quantitative, fundamental, and technical analysis research. Available to retail and institutional clients.
• Commodities & Currency Trading Commodity and currency trading through MCX, NCDEX, ICEX, and NSE Currency Segment, covering futures and options in agriculture, minerals, precious metals, energy, and forex. Provided through GRD Commodities Limited.
• Depository Services Depository Participant services through NSDL and CDSL for dematerialization, rematerialization, share transfer, pledging, and stock lending and borrowing. No fee for opening DP accounts; nominal non-refundable deposit adjusted against future billings.
• IPOs and Mutual Fund Distribution

Quantifiable outcome

• 10000+ clients served across retail, HNI, corporate, and institutional segments
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• National Stock Exchange (NSE)coreOthersGRD Securities Ltd. is a member of NSE for Cash, F&O, Currency, IRF segments. NSE Member ID: 11866. Primary trading exchange for equity and derivatives broking services.
• BSE (Bombay Stock Exchange)coreOthersGRD Securities Ltd. is a member of BSE (Cash, F&O, Currency). BSE Member ID: 3007. Provides access to one of India's oldest stock exchanges.
• Multi Commodity Exchange (MCX)coreOthersGRD Commodities Ltd. is a member of MCX. MCX Member ID: 12640. Enables commodity trading in metals, energy, and agriculture futures and options.
• National Commodity & Derivatives Exchange Limited (NCDEX)coreOthersGRD Commodities Ltd. is a member of NCDEX. NCDEX Member ID: 00346. Enables trading in agricultural commodities and derivatives.
• India International Exchange (India INX)coreOthersGRD Securities IFSC Ltd. (subsidiary) is a member of India International Exchange. India INX Member ID: 5028. Provides access to GIFT IFSC exchange for international investors.
• NSE International Exchange (NSE IFSC)coreOthersGRD Securities IFSC Ltd. (subsidiary) is a member of NSE IFSC. NSE IFSC Member ID: 10013. Enables F&O, Currency, IRF and Commodity trading through GIFT City exchange.
• Metropolitan Stock Exchange of India (MSEI)minorOthersGRD Securities Ltd. holds membership of MSEI. MSEI Member ID: 31100. Provides access to another Indian equity and derivatives exchange.
• India Commodity Exchange (ICEX)minorOthersGRD Securities Ltd. is a member of ICEX. ICEX Member ID: 2074. Provides access to commodity trading on ICEX platform.
• ACE ExchangeminorOthersGRD Commodities Ltd. is a member of ACE (now known as NSE Milan). ACE Member ID: 6194. Commodity exchange membership.
• CDSL (Central Depository Services Limited)coreTechnology or IntegrationGRD is a Depository Participant of CDSL (DP ID: IN-DP-643-2021). Provides dematerialisation, rematerialisation, and demat account services to clients. Integrated for electronic securities holding.
• NSDL (National Securities Depository Limited)coreTechnology or IntegrationGRD operates as a Depository Participant with NSDL, providing electronic securities holding services, dematerialisation, and demat account management.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grd-securities-ltd-

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 records

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 GRD