Alacrity Securities

What Alacrity Securities does

Alacrity Securities Ltd. is a publicly listed Indian stock broking and financial services firm headquartered in Kandivali (West), Mumbai. The company operates as a trading and clearing member of both the Bombay Stock Exchange (BSE Clearing No. 6361) and the National Stock Exchange (NSE Clearing No. 09098; F&O SCM: 09098), holding SEBI Single Registration No. INZ000215936. Founded in 2001 by promoter Himanshu Mehta and listed on the BSE (scrip code 535916), the firm offers three core product lines: equity and equity derivative broking, currency futures broking, and mutual fund distribution, alongside wealth management services delivered through a partnership with an external advisory firm.

The firm's technology footprint is a conventional exchange-connected broking platform enabling secondary-market trading across cash equity, equity derivatives, and currency futures on BSE and NSE, supplemented by mutual fund transaction portals (including a 'Capital Gain' login and a third-party 'my-planner.in' mutual fund client interface). There is no disclosed proprietary trading technology, AI/ML capability, or API platform. Distribution is executed through dedicated dealers and advisors serving retail investors, HNIs, and active traders, with five listed Authorized Person (sub-broker) locations across the Mumbai metro area plus a wider franchisee/sub-broker network for equity and mutual fund distribution.

Revenue is overwhelmingly transaction-fee-based: brokerage commissions on client equity, derivative, and currency futures trades, plus mutual fund distribution commissions and wealth advisory fees. FY2025-26 revenue was Rs 410.68 crore (down 28% YoY) with net profit of Rs 6.21 crore, while Q1 FY2026-27 posted Rs 111.18 crore in revenue (+57% YoY) and Rs 7.39 crore in net profit (+92% YoY). The firm has recently added market-making activity for NSE SME IPOs (e.g., Virtual Galaxy Infotech, May 2025) as a new revenue stream. Pricing is quote-based, negotiated during account opening, with margin terms governed by SEBI regulations.

Name

Alacrity Securities

Legal name

Alacrity Securities Ltd.

Website

https://alacritysec.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Alacrity Securities Ltd. is a Mumbai-based, BSE-listed stock broking firm offering equity, derivative, currency futures, and mutual fund services to retail investors, HNIs, and active traders through BSE and NSE memberships.

Ownership category

akta.pro rank

Product category

Stock Broking Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Stock broking services
• Equity derivatives trading
• Currency futures trading
• Mutual fund distribution
• Wealth management services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Secondary Market Broking: Commission-based brokerage revenue from equity and equity derivatives trading executed for retail and HNI clients on BSE and NSE platforms.
2. Currency Futures Trading: Brokerage revenue from currency futures trading services provided to clients.
3. Mutual Fund Distribution: Revenue from distribution of mutual fund products to retail and wealth management clients.
4. Wealth Management Services: Comprehensive wealth management advisory services provided to clients through affiliated wealth advisory partnerships.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Alacrity Securities is a Mumbai-based stock broking and financial services firm that provides secondary market broking on BSE and NSE for equities, equity derivatives, and currency futures, along with mutual fund distribution and wealth management services. It serves retail investors, high net worth individuals, and active traders through dedicated dealers and advisors, with additional reach via a franchisee and sub-broker network. The firm is a SEBI-registered trading and clearing member of both BSE and NSE (SEBI Registration No. INZ000215936).

Product overview

Alacrity Securities is a stock broking and financial services firm that operates as a single-platform provider of investment services. The company offers three core products: Equity & Derivative (secondary market broking for equities and derivatives on BSE and NSE), Mutual Funds (portfolio review and fund selection services), and Wealth Management (comprehensive financial advisory). The firm serves retail investors, active traders, and high net worth individuals through personalized dealer and advisor services, with a focus on providing research, data, and seamless trading experiences across all investment avenues.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity & Derivative Secondary market broking services for retail customers and high net worth individuals, offering personalized trade and execution services in equity and equity derivatives through dedicated dealers and advisors on BSE and NSE.
• Mutual Funds Investment guidance and portfolio review services helping clients choose from thousands of available mutual funds with in-depth coverage of top asset management companies, funds, and fund managers.
• Wealth Management Comprehensive wealth management services offered through affiliation with a leading wealth advisory company, providing holistic financial guidance to clients beyond traditional brokerage.
• Currency Futures Trading Brokerage services for currency futures trading on NSE, offered to clients of Alacrity Securities as part of its derivatives product suite.

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

Partnerships

Two partnerships are on record, tiered minor and core.

• Virtual Galaxy InfotechminorChannel Partner/ Reseller/ Distributor · 9 May 2025Alacrity Securities served as the market maker for Virtual Galaxy Infotech's IPO on NSE SME platform. The IPO aimed to raise Rs 93.29 crore through a fresh issue of 65.70 lakh shares with a price band of Rs 135-142 per share, listing scheduled for May 19, 2025. Market maker role involves providing liquidity and maintaining orderly trading in the stock.
• Wealth Advisory PartnercoreStrategic or Co-development PartnerAlacrity Securities has affiliated with one of the best wealth advisory companies to provide comprehensive wealth management services to clients. This partnership enables the company to offer wealth management capabilities beyond traditional brokerage services.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Upstox (RKSV Securities): Tech-driven Indian discount broker offering equity, derivatives, and currency trading on BSE and NSE plus mutual funds; directly comparable in product scope and retail/HNI customer focus.
• SMC Global Securities: Indian broking and financial services firm offering equity, derivatives, commodities, mutual funds, and wealth advisory to retail and institutional clients via BSE/NSE membership; comparable mid-tier full-service competitor with similar multi-product and channel-based distribution approach.
• Zerodha: India's largest retail stock broker offering equity, derivatives, and currency trading on BSE and NSE with a discount brokerage model; directly comparable to Alacrity on product mix (equity, derivatives, currency, mutual funds) and target customer (retail and active traders), but at vastly greater scale.
• Groww: Leading Indian digital-first broker providing equity, derivatives, and mutual fund investing to retail investors via BSE and NSE membership; comparable in products and customer base, with a strong technology-led proposition contrasting Alacrity's traditional model.
• Angel One: Listed Indian full-service broking platform providing equity, derivatives, currency, and mutual fund services to retail and HNI clients via BSE/NSE; closely comparable on multi-product offering and customer segments.
• Sharekhan (BNP Paribas Sharekhan): Indian full-service retail broker offering equity, derivatives, and mutual funds along with advisory services through BSE/NSE membership; comparable on customer segments (retail and active traders) and on personalized dealer-led service model.

Broad incumbents

• Kotak Securities: Subsidiary of Kotak Mahindra Bank providing equity, derivatives, currency, and mutual fund broking to retail and institutional clients; broader incumbent with banking-led distribution and significantly larger scale than Alacrity.
• ICICI Securities: Large listed Indian brokerage and investment bank offering retail broking, derivatives, mutual funds, wealth management, and institutional services; overlapping with Alacrity across all retail products but with far broader scale and an integrated banking relationship via ICICI Bank.
• HDFC Securities: Subsidiary of HDFC Bank offering equity, derivatives, currency, and mutual fund broking along with research and advisory; broader incumbent with integrated banking distribution and pan-India footprint versus Alacrity's Mumbai-centric model.
• Motilal Oswal Financial Services: Indian full-service broker and wealth manager offering equity, derivatives, currency, mutual funds, and research/advisory to retail and institutional clients; comparable on the wealth management and advisory dimension that Alacrity is trying to build.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Alacrity Securities