Sharewealth Securities

Name

Sharewealth Securities

Legal name

Sharewealth Securities Limited

Website

https://sharewealthindia.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Thrissur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Commission: Transaction-based brokerage fees from equity trading, derivatives, commodities and currency trading on NSE/BSE exchanges. Clients pay 20% upfront margin for cash market transactions.
2. Depository Services: CDSL depository participant services for holding securities in electronic/demat form
3. Mutual Fund Distribution: Distribution of mutual funds and systematic investment plans (SIP)

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Sharewealth Securities Limited is a SEBI-registered stock broker offering end-to-end trading and investment services across equities, derivatives (equity, currency, and commodity), IPOs, mutual funds, ETFs, and systematic investment plans (SIPs) on NSE, BSE, MCX, and NCDEX exchanges. The firm also acts as a CDSL depository participant for electronic securities holding and provides research-based stock recommendations supported by 15+ years of track record. Trading is delivered primarily through the proprietary Shareetrade mobile app with paperless onboarding.

Product overview

Sharewealth Securities offers a comprehensive investment platform with its flagship Shareetrade mobile app as the primary trading interface. The product portfolio includes core trading services across Equity, IPO, Derivatives (including Currency), and ETFs, complemented by Mutual Funds/SIP investment options and Research/Stock Recommendations for informed decision-making. The company also provides Depository Services through CDSL for electronic securities holding. All services are accessible through NSE, BSE, MCX, and NCDEX exchanges.

Differentiator

Problem solved

Functional benefit

Brands

• Shareetrade: Mobile trading application for simple, swift and secure trading in Equities, Derivatives, Commodities and Currencies

Products and services

• Shareetrade Mobile Trading App A mobile-first trading application offering simple, swift, and secure trading in equities, derivatives, commodities, and currencies with real-time quotes and seamless user experience. Targeted at retail investors and traders.
• Equity Trading Stock trading service allowing retail investors to buy or sell shares of companies through NSE and BSE exchanges with real-time quotes, statistics, and low lock-in periods.
• IPO Services Service for purchasing shares from unlisted companies through fresh securities issues in the primary market, which subsequently list on stock exchanges for normal equity trading.
• Mutual Funds / SIP Investment service offering mutual fund units based on investment quantum, with various schemes launched from time to time to meet different investment objectives. Includes systematic investment plan (SIP) options.
• Research / Stock Recommendations Fundamental and technical analysis service providing stock recommendations to guide investment decisions, supported by a 15-year record of successful recommendations.
• Derivatives Trading Trading in derivative instruments including futures and options across equity, currency, and commodity segments on NSE, BSE, MCX, and NCDEX.
• Currency Trading Forex trading service where currencies are traded in pairs through the derivatives segment, similar in mechanics to trading stocks, commodities, or bonds.
• Exchange Traded Funds (ETF) Investment service for exchange-traded funds that trade on stock exchanges like individual shares.
• Depository Services Electronic holding of securities including shares, debentures, bonds, government securities, and mutual fund units through CDSL depository (DP ID: 12047600).

Quantifiable outcome

• High success rate for research/stock recommendations

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• HDFC Securities: Bank-affiliated retail and institutional broker providing equities, derivatives, IPOs, mutual funds and currency trading. Comparable multi-asset offering with research-led advisory for retail/HNI segments, with bank distribution advantage Sharewealth lacks.
• Kotak Securities: Bank-affiliated broker offering equities, derivatives, commodities, currency, mutual funds and depository services. Comparable full-service product mix and retail/HNI targeting, with the brand and balance-sheet advantages of Kotak Mahindra group affiliation.
• ICICI Direct: Bank-affiliated full-service brokerage offering equities, derivatives, mutual funds, IPOs, currency and depository services with integrated 3-in-1 account. Comparable on full product stack and retail/HNI focus, with deeper capital base and brand from parent ICICI Bank.
• Motilal Oswal Financial Services: Full-service Indian broker with strong research franchise offering equities, derivatives, mutual funds, wealth management and depository services. Comparable research-led positioning and HNI/retail advisory heritage, though operating at significantly larger national scale.

Direct peers

• Angel One: Listed Indian retail broker (formerly Angel Broking) offering equity, F&O, commodity, currency, mutual funds and research with mobile app. Closely comparable full-service-plus-tech positioning and strong retail advisory heritage, but at materially larger national scale.
• 5Paisa: Discount broker backed by IIFL offering equities, derivatives, currency, mutual funds and smallcase products via mobile/web. Comparable low-cost, mobile-first retail brokerage proposition targeting the same Indian retail trader demographic.
• Groww: Tech-first retail broker and mutual fund distributor with mobile-first onboarding serving Indian retail investors in equities, IPOs and mutual funds. Closely comparable mobile-led, self-serve acquisition model that Sharewealth's Shareetrade app is built to emulate.
• Zerodha: India's largest retail discount broker offering equity, F&O, commodity and currency trading via Kite mobile/web platform. Directly comparable to Sharewealth on product mix (NSE/BSE/MCX access) and target retail/HNI segment, but at much larger scale and lower price points.
• Sharekhan: Traditional full-service retail broker offering equities, derivatives, IPOs, mutual funds and advisory research across India with branch network. Comparable heritage as a research-driven retail broker serving HNIs and retail investors, similar in style and customer mix to Sharewealth.
• Upstox: Discount broker offering equities, derivatives, commodities and mutual funds through mobile and web platforms with low brokerage. Comparable on transaction-based model and target retail segment; competes for the same price-sensitive Kerala and pan-India retail clients.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/sharewealthgrp
• Facebookfacebook.com/sharewealthgrp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Sharewealth Securities