Lohia Securities

What Lohia Securities does

Lohia Securities Limited is a publicly listed Indian stock broking and depository participant company incorporated in 1995 (CIN: L67120WB1995PLC067195), headquartered at 4 Brabourne Road, Kolkata. The company operates a multi-service capital markets platform spanning equity and derivatives trading on NSE, BSE, and MSEI; currency and commodities trading on MCX and NCDEX; NSDL Depository Participant services (IN-DP-124-2015); a dedicated Institutional Dealing Desk serving PSU insurance companies, banks, mutual funds, and financial institutions; and an IPO advisory vertical for Mainline and SME issuers. The company serves three primary segments — retail investors (its stated primary segment), institutional investors, and corporate/SME clients — through a hybrid direct-to-consumer model with a 150+ member team and an estimated 16,000+ customer base concentrated in Eastern India.

The technology stack is built on a proprietary online trading platform (go.trade.lohiasecurities.com) constructed on the BSE BOW API for currency and commodities, the SharePro backoffice system (provided by Stansoft) supporting multiple login roles including Client, Branch, Sub-Broker, Dealer, Relationship Manager, DP Client, CRM, and Fund Manager, and the SharePro AIR mobile application on iOS and Android. Client fund custody is centralized through HDFC Bank nodal accounts. The firm positions itself as a pioneer in options trading in Eastern India, with 32+ years of brand presence and empanelment across all leading PSU insurance companies.

The revenue model is transaction-fee based across all streams: brokerage on equity/derivatives/currency/commodities execution, depository transaction fees (dematerialization, rematerialization, pledge/lending, settlement), and IPO advisory fees. Pricing is not publicly disclosed and is shared with clients upon account opening. The company is promoter-controlled by four founding directors (Hari Kishan Lohia, Mahesh Kumar Bajaj, Sudheer Kumar Jain, Rajesh Kumar Bajaj) with 29-40 years of market experience each, with no private equity or venture capital ownership disclosed. Strategic activity in 2024-2025 has centered on board refresh, next-generation leadership transition, and consolidation of commodity memberships into the listed entity.

Name

Lohia Securities

Legal name

Lohia Securities Limited

Website

https://lohiasecurities.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Lohia Securities Limited is a publicly listed Kolkata-based stock broker and NSDL Depository Participant offering equity, derivatives, currency, and commodities trading across NSE, BSE, MSEI, MCX, and NCDEX, serving retail investors, PSU insurers, banks, mutual funds, and SME IPO issuers in Eastern India.

Ownership category

akta.pro rank

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices1 record

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. Equity & Derivatives Brokerage: Brokerage fees generated from executing equity and derivatives trades on NSE, BSE, and MSEI exchanges. Services include real-time market data, advanced charting tools, and order execution for individual and institutional investors.
2. Currency & Commodities Trading: Brokerage revenue from currency and commodities trading across MCX and NCDEX exchanges, leveraging the BSE BOW API platform.
3. Depository Services: NSDL Depository Participant services including dematerialization, rematerialization, securities custody, pledge/lending, and settlement services. SEBI Registration: IN-DP-124-2015.
4. IPO Services: Guiding companies through the IPO process including strategic planning, market research, investor relations, regulatory compliance, valuation analysis, and post-IPO support.
5. Institutional Dealing: Dedicated institutional trading desk with 22 years of experience serving insurance companies, banks, mutual funds, and financial institutions with advanced trading technology and research.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Lohia Securities is a stock broking and depository participant company offering equity and derivatives trading on NSE/BSE/MSEI, currency and commodities trading on MCX/NCDEX, NSDL depository services for securities custody, dedicated institutional dealing for insurance companies/banks/mutual funds, and IPO advisory services for companies going public.

Product overview

Lohia Securities operates as a multi-service stock broking and financial services platform offering a unified portfolio of trading and investment services. The core offering consists of Equity & Derivatives Trading across NSE, BSE, and MSEI, complemented by Currencies & Commodities Trading via the BSE BOW API Platform. As an NSDL Depository Participant (IN-DP-124-2015), the company provides Depository Services for dematerialization and securities custody. Institutional Trading Services cater to Insurance Companies, Banks, Mutual Funds, and Financial Institutions. IPO Services support companies in going public with strategic planning and regulatory compliance. The technology infrastructure is powered by SharePro Backoffice with mobile access via SharePro AIR. Additional services include Market Research & News and KYC Advisory Services. The company holds memberships with NSE, BSE, MSEI, MCX, and NCDEX exchanges.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity & Derivatives Trading

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• NSE (National Stock Exchange)coreOthersCorporate member of NSE for Equity, F&O, Currency, and Debt segments. Lohia Securities is an active participant in equity market, equity derivatives, currency derivatives, interest rate futures, and debt market across the NSE. Registration: INZ000202639.
• BSE (Bombay Stock Exchange)coreOthersCorporate member of BSE for Equity, F&O, Currency, MF, and Debt segments. Active participant in equity market, equity derivatives, currency derivatives, and interest rate futures across the BSE. Registration: INZ000202639.
• NSDL (National Securities Depository Limited)coreTechnology or IntegrationNSDL Depository Participant (DP) providing secure and organized system for holding, transfer, and settlement of securities. SEBI Registration: IN-DP-124-2015. Services include dematerialization, rematerialization, pledge/lending, and electronic settlement.
• MSEI (Metropolitan Stock Exchange of India)minorOthersCorporate member of MSEI for Currency Derivatives and Interest Rate Futures. Registration: INZ000202639.
• MCX (Multi Commodity Exchange)coreOthersCommodity segment trading member of MCX. MCX Member Code: 16800. Previously held through wholly owned subsidiary Trade City Commodities Pvt Ltd.
• NCDEX (National Commodity & Derivatives Exchange)coreOthersCommodity segment trading member of NCDEX. NCDEX Member Code: 00495. Previously held through wholly owned subsidiary Trade City Commodities Pvt Ltd.
• HDFC BankcoreOthersDesignated banking partner for client fund transfers. Multiple Upstreaming Client Nodal Bank Accounts (USCNBA) maintained with HDFC Bank for receiving and paying client money. Account numbers: 00080340007565, 00080340009708, 00080340006252, 00080340047593 (IFSC: HDFC0000008) and 00140340001114 (IFSC: HDFC0000014).
• Stansoft / ShareProcoreTechnology or IntegrationTechnology provider for backoffice systems. SharePro platform powers client login, account management, and reporting. SharePro AIR mobile application enables mobile access to backoffice services. Powered by stansoft (stansoftware.com).

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Religare Broking: Indian broker offering equity, derivatives, currency, commodities, and depository services across NSE, BSE, and MCX. Similar product breadth and multi-exchange membership profile to Lohia Securities.
• Sharekhan (BNP Paribas): Full-service Indian retail broker offering equity, derivatives, currency, commodities, and depository services with a multi-city branch network. Closely comparable to Lohia's hybrid retail-and-institutional service model with similar legacy multi-decade presence.
• SMC Global Securities: Mid-size Indian broker with NSE/BSE/MCX/NCDEX memberships and NSDL/CDSL depository participation. Similar full-service, multi-exchange brokerage model with comparable scale, product breadth, and retail-institutional mix.
• Geojit Financial Services: Publicly listed Indian financial services firm offering equity broking, derivatives, commodities, currency, and depository services. Comparable multi-product stock broking franchise with public-listed structure and similar institutional/retail mix.
• Nirmal Bang Financial Services: Indian full-service broker with NSE/BSE/MCX memberships and institutional research focus. Comparable to Lohia's combination of retail brokerage, institutional dealing, and research-driven offerings.

Broad incumbents

• HDFC Securities: Bank-affiliated retail-and-institutional Indian broker with comprehensive trading and depository services. Similar product portfolio to Lohia with broader geographic reach and stronger technology investment.
• Axis Securities: Bank-affiliated Indian broker with retail and institutional trading across NSE, BSE, and MCX. Comparable multi-exchange membership and product breadth at a larger scale with strong parental distribution.
• ICICI Securities: Bank-affiliated full-service Indian broker with strong institutional client franchise and IPO advisory. Overlaps with Lohia's institutional dealing and IPO services but operates at substantially larger scale with banking parent synergies.
• Motilal Oswal Financial Services: Large Indian broker-dealer and wealth manager with institutional research, retail broking, and asset management. Comparable product universe but materially larger scale and broader institutional footprint than Lohia.
• Kotak Securities: Bank-affiliated Indian broker offering equity, derivatives, currency, commodities, and depository services. Comparable product suite but with corporate-banking parent distribution advantages Lohia lacks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries1 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 Lohia Securities