A.C. Agarwal
- Company typePrivate
- Founded1994
- HeadquartersVadodara, India
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
A.C. Agarwal firmographics
Firmographics- Name
- A.C. Agarwal
- Legal name
- A C Agarwal Share Brokers Pvt. Ltd.
- Website
- https://acagarwal.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
A.C. Agarwal industry classification
Industry- Product category
- Retail Brokerage and Investment Services
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Independent Broker-Dealers (Retail Network) (FSAAAAAC)
Keywords
Where A.C. Agarwal is headquartered
LocationHeadquarters
- HQ city
- Vadodara
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
A.C. Agarwal business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Brokerage Commission: Revenue generated through brokerage commissions on equity, F&O, and commodity trading transactions executed on NSE, BSE, and MCX exchanges
- Mutual Fund Distribution: Revenue from distribution of mutual fund products through Gullak platform
- IPO Subscription Services: Facilitation of IPO applications and allotments
- Insurance Distribution: Corporate agency services for insurance products (IRDAI Registration CA1084)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Customized pricing plans tailored to individual client needs |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
A.C. Agarwal product offering
Product offeringCore offering
A.C. Agarwal is a SEBI-registered stock broking firm that executes equity, derivative, and commodity trades on NSE, BSE, and MCX for retail and institutional clients. It distributes mutual funds and IPO subscriptions through its Gullak and IPO platforms, and provides insurance products as an IRDAI corporate agent. The firm operates self-developed multi-platform trading applications (Bloom, Math, Gullak) and an algorithmic trading API (XTS), supported by dual geographic server infrastructure.
Product overview
A.C. Agarwal is a stock broking firm offering a comprehensive suite of trading and investment products across multiple platforms (mobile, web, desktop). The core product portfolio includes: Bloom (flagship multi-platform trading app for general investors), Math (professional trading app powered by XTS), Gullak (mobile-first mutual fund investing platform), and XTS APIs (algorithmic trading interface). Additional offerings include GreekSoft desktop software, TradingView charting integration, and IPO application services. The infrastructure includes dual geographic locations (Jaipur and Vadodara), multiple leased lines, and 24/7 monitoring for high-speed, reliable trading execution serving over 30,000 clients with 200,000+ daily orders.
Differentiator
Problem solved
Functional benefit
Brands
- Bloom: Flagship mobile and web trading application with elegant interface for seamless trading and investing across devices.
- Math
- Gullak
- XTS APIs
- GreekSoft
Products and services
- Bloom Flagship multi-platform trading and investing app offering an elegant interface for retail investors to trade equities, derivatives, and commodities across mobile, web, and desktop with seamless cross-device synchronization.
- Math Professional-grade trading app powered by XTS technology, designed for speed and precision for dedicated and active traders across mobile, web, and desktop with integrated TradingView charts.
- Gullak Mobile-first mutual fund investing platform with expert guidance, curated fund picks, SIP calculators, and portfolio monitoring tools designed to turn saving into a habit for retail investors.
- XTS APIs REST API platform enabling algorithmic trading with seamless integration, compatible with Python and Java, including a simulation environment for testing trading strategies, targeted at algorithmic traders and institutions.
- GreekSoft Desktop trading software known for precision and reliability, designed to bring trading algorithms to life and optimize market presence for active traders.
- IPO Application Service Online platform enabling hassle-free IPO participation, allowing investors to apply for IPOs and allotments through A.C. Agarwal's broking infrastructure.
- Insurance Distribution Insurance product distribution operated as an IRDAI-registered Corporate Agent (Composite) under Reg No. CA1084, distributing insurance products to clients.
Quantifiable outcome
- 30,000+ clients served
- +2 more outcomes
Companies that use A.C. Agarwal
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles2 records
A.C. Agarwal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature10 records
A.C. Agarwal partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- TradingViewcoreIntegration of TradingView Charts within AC Agarwal's trading applications, combining advanced market insights with seamless trading execution
- XTS PlatformcoreXTS technology powers the Math trading application, providing professional-grade trading infrastructure for speed and reliability
- NSE (National Stock Exchange)coreNSE Trading Member (Member ID: 13264) - facilitating equity and derivative trading
- BSE (Bombay Stock Exchange)coreBSE Trading Member (Member ID: 6283) - facilitating trading on India's oldest stock exchange
- MCX (Multi Commodity Exchange)coreMCX Trading Member (Member ID: 56955) - facilitating commodity derivatives trading
- HDFC BankcoreBanking partner for fund transfers and account management with accounts at HDFC Bank (IFSC: HDFC0000429)
- CDSL (Central Depository Services)coreCDSL Depository Participant (DP ID: 71300) for demat account services
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
A.C. Agarwal competitors and assessment
Company assessmentDirect peers
- 5paisa: Discount broker offering equity, commodity and MF investing through a digital platform. Comparable as a low-cost, mobile-led retail broker with similar product mix to A.C. Agarwal.
- Groww: Leading Indian retail broker and mutual fund platform serving millions of investors through a mobile-first app. Directly comparable on retail equity, F&O, and MF distribution with strong product focus.
- Upstox: Tech-first Indian discount broker offering equities, derivatives, commodities and mutual funds via mobile/web apps. Comparable as a PLG, multi-platform retail broker serving individual traders.
- Zerodha: India's largest discount broker offering equity, derivatives, commodity and direct mutual fund investing via Kite and Coin platforms. Most comparable as a tech-led, multi-asset retail broker expanding across mobile/web/desktop like A.C. Agarwal.
- Angel One: Full-service Indian stockbroker (formerly Angel Broking) providing equity, commodity, and MF services through mobile/web platforms. Comparable in product breadth across broking, mutual funds, and IPO distribution.
Broad incumbents
- IIFL Securities: Diversified Indian financial services group with retail broking, MF distribution and advisory. Comparable full-service retail brokerage with multi-asset platform and SEBI registration.
- HDFC Securities: Bank-affiliated Indian stockbroker offering retail broking, derivatives, mutual funds and IPO services. Comparable multi-license setup with CDSL/NSE/BSE membership and broad product range.
- Sharekhan (BNP Paribas subsidiary): Established Indian full-service broker offering equity, derivatives, commodity and MF distribution with digital platforms. Comparable legacy broker positioning and reliance on partner-led distribution.
- Motilal Oswal Financial Services: Large full-service Indian broker with retail broking, wealth management, and distribution businesses. Comparable product breadth in equity, derivatives, MF and insurance distribution, though significantly larger and more diversified than A.C. Agarwal.
- ICICI Direct: Bank-led brokerage arm of ICICI offering equity, derivatives, MF and IPO services via integrated platforms. Comparable as a multi-license, multi-product Indian retail broker with depository and banking affiliations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
A.C. Agarwal social profiles
Digital presenceA.C. Agarwal compliance and trust
Trust signalCompliance7 records
A.C. Agarwal financial estimates
Financial estimateRevenue estimate
Valuation estimate
A.C. Agarwal leadership team
Management profileNumber of profiles
Profiles8 records
A.C. Agarwal subsidiaries and ownership
Company hierarchySubsidiaries1 record
A.C. Agarwal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
A.C. Agarwal 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 A.C. Agarwal
What does A.C. Agarwal do?
A.C. Agarwal is a SEBI-registered stock broking firm that executes equity, derivative, and commodity trades on NSE, BSE, and MCX for retail and institutional clients. It distributes mutual funds and IPO subscriptions through its Gullak and IPO platforms, and provides insurance products as an IRDAI corporate agent. The firm operates self-developed multi-platform trading applications (Bloom, Math, Gullak) and an algorithmic trading API (XTS), supported by dual geographic server infrastructure.
Is A.C. Agarwal a public or private company?
A.C. Agarwal is a private company. It is classified as family owned and is currently operating.
When was A.C. Agarwal founded?
A.C. Agarwal was founded in 1994. It employs 51 to 100 people.
Where is A.C. Agarwal based?
A.C. Agarwal is headquartered in Vadodara, India, in the Asia region.
How does A.C. Agarwal make money?
Four revenue lines are on record. Brokerage Commission is the primary driver. The others are mutual Fund Distribution, IPO Subscription Services and insurance Distribution.
Who are A.C. Agarwal's main competitors?
Direct peers on record are 5paisa, Groww, Upstox, Zerodha and Angel One. Broad incumbents are IIFL Securities, HDFC Securities, Sharekhan (BNP Paribas subsidiary), Motilal Oswal Financial Services and ICICI Direct.
Does A.C. Agarwal have an API?
Yes. XTS APIs designed for seamless algorithmic trading. Flexible REST API compatible with multiple programming languages (Python, Java). Provides speed and precision for high-stakes trading environments. Features include: Build Your Own Trading Interface, Test Your Program in Simulation Environment, Zero Additional Cost, Fast/Secure/Easy Implementation. No public documentation URL identified.
What industry is A.C. Agarwal in?
A.C. Agarwal's product category is Retail Brokerage and Investment Services. Its primary akta.pro industry code is FSAAAAAC, Independent Broker-Dealers (Retail Network). Its NAICS code is 5231 and its SIC code is 6211.