Share India Securities

What Share India Securities does

Share India Securities Limited is a publicly listed (BSE: 540725) Indian financial services company founded in 1994, operating a multi-vertical platform spanning retail and institutional broking, algorithmic trading, depository services, mutual fund distribution, insurance broking, NBFC operations, and wealth management through 14 wholly-owned subsidiaries. The company is headquartered in Noida with a registered office at GIFT City, Gujarat, and operates branch offices across Mumbai, Delhi, Kolkata, and Jaipur, plus international operations through Share India Global Pte. Limited in Singapore. Its core product is the uTrade Algos no-code algorithmic trading platform (developed via acquired subsidiaries uTrade Solutions and Algowire Trading Technologies), which features a seven-tier subscription model ranging from free to ₹20,000 per trade with brokerage, AI-powered market intelligence via uTrade Intelligence, pre-built strategy library (uTrade Originals), 50-level market depth, and integrated margin and payoff calculators.

The company serves primarily retail investors and active traders, with secondary segments including margin trading clients, global investors, and institutional business, reaching 46,977 active clients and ₹13,400+ crore average daily turnover. Revenue is generated through multiple streams: equity delivery brokerage (free), F&O brokerage (₹20 per trade), algo trading subscriptions, margin trading facility interest, depository services, IPO distribution, mutual fund distribution, and proprietary trading—which accounts for 61-80% of revenue per CRISIL rating. Distribution combines a self-serve digital platform with 10-minute e-KYC onboarding, an Authorised Person and Business Partner network, and direct sales through branch offices. The company holds SEBI registrations, memberships across NSE/BSE/MCX/NCDEX/MSE, and a CRISIL A+/Stable credit rating with ₹2,509 crore consolidated net worth as of September 2025.

Strategic positioning emphasizes technology-led democratization of algorithmic trading for retail, with management publicly targeting India's 55-60% algo trading volume share toward US-level 95%+. The leadership team is promoter-led by Parveen Gupta (Chairman & MD), Kamlesh Vadilal Shah (MD), and Sachin Gupta (CEO), with experienced hires across subsidiaries including former leaders from Lehman Brothers, Nomura, BNP Paribas, HSBC, Kotak Securities, and CSB Bank. FY2026 revenue reached ₹1,470.26 crore (~$176M) with net profit of ₹323.47 crore, though full-year growth was modest at 1.5% YoY amid intra-year volatility tied to market trading volumes.

Name

Share India Securities

Legal name

Share India Securities Limited

Website

https://shareindia.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Share India Securities Limited is a BSE-listed Indian financial services firm (founded 1994) operating a multi-vertical platform spanning stock broking, no-code algorithmic trading via uTrade Algos, depository services, mutual fund distribution, NBFC, and insurance broking through 14 subsidiaries, serving primarily retail investors and active traders with ₹13,400+ crore average daily turnover.

Ownership category

akta.pro rank

Product category

Online Stock Broking

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Portfolio Management and Investment Advice (523940)

SIC

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

akta.pro primary industry

Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK)

akta.pro secondary industry

Corporate Bond Trading Platforms (FSAFACAB)

Keywords

• Online stock broking
• Algorithmic trading platform
• Retail trading services
• Depository and demat services
• Wealth management solutions

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Brokerage - Equities (Delivery): Brokerage charges on equity delivery trades. ₹0 AMC on Demat account for first 365 days, free equity delivery trades.
2. Brokerage - F&O Trading: Brokerage charges on futures and options trading. ₹20 per F&O trade.
3. Algorithmic Trading Subscriptions: Monthly, quarterly, and annual subscription plans for uTrade Algos platform ranging from ₹0 to ₹20,000 plus brokerage per trade. Revenue from premium platform access and strategy deployment.
4. Margin Trading Facility (MTF): Funding provided to clients for buying securities, generating interest income on margin loans.
5. Depository Services: Annual maintenance charges for demat accounts after free period, transaction charges.
6. IPO Distribution: Commission from IPO subscription services for retail investors.
7. Mutual Fund Distribution: Revenue from distributing mutual fund products to retail investors.
8. Non-Convertible Debentures (NCD): Capital raising through secured NCDs at 10.50% coupon rate. Part of ₹300 crore debt-raising proposal. Revenue-generating through proprietary trading and leverage.
9. Proprietary Trading: Revenue concentration of 61-80% from trading operations including proprietary trading activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Share India Securities is a SEBI-registered stockbroker offering online trading across equities, derivatives, commodities, and currencies on NSE, BSE, MCX, NCDEX, and MSE exchanges. The company operates a proprietary algorithmic trading platform (uTrade Algos) with AI-powered market intelligence, alongside depository services, mutual fund distribution, margin trading facility, IPO subscriptions, portfolio management services, and fixed-income products targeting retail investors and active traders in India.

Product overview

Share India Securities operates a platform-plus-modules architecture anchored by its flagship uTrade Algos algorithmic trading platform, which includes three named product components: the core uTrade Algos no-code algo platform (with tiered subscriptions Free through Exclusive/RM), uTrade Intelligence (AI-powered market analysis module across all tiers), and uTrade Originals (pre-built strategy library scaling across tiers). Beyond the algo ecosystem, the company offers a full-service brokerage covering equity, F&O, commodity, and currency trading; Margin Trading Facility for leveraged positions; Depository Services via CDSL and NSDL; Mutual Fund distribution; Research Analysis; Portfolio Management Services; IPO access; Fixed-Income & Structured Instruments; and a suite of trading tools including VWAP, FII/DII Indicator, and financial calculators. All offerings are accessible through unified web, mobile app (Android/iOS), and back-office platforms under the Share India brand.

Differentiator

Problem solved

Functional benefit

Brands

• uTrade Algos: Algorithmic trading platform that lets users plan, strategize, and automate trades with features including payoff curves, integrated margin calculators, and pre-made strategy forms.
• Share India Algos
• uTrade

Products and services

• uTrade Algos No-code algorithmic trading platform enabling traders to plan, strategize, and automate trade execution. Offers multiple subscription tiers (Free through Exclusive) with features including backtesting, concurrent algo deployment, uTrade Originals pre-built strategies, and uTrade Intelligence AI-powered insights. Available on web and mobile (Android/iOS) for retail and active traders in India.
• Margin Trading Facility (MTF) Margin Trading Facility allows clients to buy shares by paying only a portion of the total value upfront, with the remaining amount funded by Share India. MTF enables increased buying power, longer share holding beyond intraday, leverage for amplified returns, and flexible margin options in cash or pledged securities for active equity traders.
• Depository Services Depository participant services via CDSL and NSDL enabling dematerialization of physical share certificates, demat account management, electronic holding of securities, transfer and settlement services, and corporate action processing for retail and institutional investors in India.
• Mutual Fund Mutual fund distribution platform enabling investors to start SIPs via UPI AutoPay or one-time lump-sum investments, with zero commission, no maintenance cost, and complete portfolio tracking across a wide range of mutual fund schemes for retail investors.
• Broking Services Full-service stock broking covering equity intraday and delivery trading, futures and options (F&O) across NSE and BSE with strategy tools (option chain, Greeks calculator, margin estimator), commodity trading on MCX (gold, silver, crude oil, agri-commodities), and currency derivatives for retail and institutional clients.
• Research Analysis Expert market research and investment insights supporting informed decision-making, including fundamental and financial analysis, derivative reports, daily strategy recommendations, and regular commodity and equity market updates for retail and institutional investors.
• Portfolio Management Services Professional portfolio management services where experts craft strategies tailored to help investors achieve specific financial goals, with a PMS calculator available for performance projection for HNI and retail investors.
• IPO Initial Public Offering investment service providing early access to IPOs with real-time updates, easy subscription through the platform, and track and bid functionality for upcoming and live IPOs for retail investors.
• Fixed-Income and Structured Instruments Fixed-income investment products and structured financial instruments enabling wealth preservation and diversification, complementing equity and derivative trading offerings for retail and HNI investors.

Quantifiable outcome

• 801.49% returns over 5 years
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Kotak NeominorStrategic or Co-development Partner · 27 May 2026Joint discussion on algo trading industry trends and democratization of algorithmic trading for retail investors in India. CEO Sachin Gupta participated in Zee Business show alongside Kotak Neo CDO.
• uTrade Solutions Private LimitedcoreTechnology or Integration · 21 August 2022Strategic partnership for algorithm-based trading operations. uTrade Solutions provides multi-asset trading platforms, algorithms, risk management solutions, direct market access, exchange solutions, and market data broadcast services. Key technology partner enabling Share India's algo trading capabilities.
• Algowire Trading Technologies Private LimitedcoreTechnology or Integration · 1 September 2021Acquisition/partnership for proprietary trading software and customized algorithm kernels development. Specializes in developing trading algorithms and technology solutions for Share India's algorithmic trading platform.
• Exchanges (NSE, BSE, MCX, NCDEX, MSE)coreOthersExchange memberships providing trading access across Indian capital markets. NSE Membership: 10798, BSE: 0226, MCX: 56190, NCDEX: 1256, MSE: 51200.
• Depositories (CDSL, NSDL)coreOthersDepository participant services for demat account operations. CDSL DP ID: 12038000, NSDL DP ID: IN304965.
• Axis Trustee Services LimitedminorOthersDebenture trustee for NCD issuances, providing investor protection services for debt instruments.
• Bigshare Services Private LimitedminorOthersRegistrar and transfer agent for shareholder services, IPO processing, and investor relations support.
• CRISIL RatingsminorOthersCredit rating services providing CRISIL A1+ for commercial paper, CRISIL A+/Stable for bank loans and debentures.
• CARE RatingsminorOthersCredit rating agency providing ratings for proposed NCD issuances.

Scale indicators21 records

Recent moves11 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/Share_India
• YouTubeyoutube.com/c/shareindiasecurities
• Facebookfacebook.com/shareindiasecltd
• LinkedInlinkedin.com/company/share-india-securities-ltd
• Instagraminstagram.com/shareindiasecuritieslimited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Share India Securities