Table of Content

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction
3.1. Market definition and structure

Chapter 4: Market overview
4.1. Brokerage market in India – An overview
4.1.1. Brokerage market size in India (FY 2019 – FY 2023) ? Based on active NSE clients
4.1.2. Market share of brokerage segments – Active NSE clients (FY 2022)
4.2. National Stock Exchange of India Limited (NSE) active clients
4.2.1. Active NSE clients (?000) – Full-service brokerage
4.2.2. Active NSE clients (?000) – Discount brokerage
4.2.3. Active NSE clients (?000) – Hybrid brokerage
4.3. Top 10 brokers: Active NSE clients market shares as of December 2022
4.4. Broker-wise broking and commission revenue
4.5. Brokerage rates of major players for different products

Chapter 5: Industry scenario
5.1. PE Ratio (price-earnings ratio) of broking industry from FY 2015 to FY 2022
5.2. Equity market turnover
5.3. Commodity market
5.4. Increasing share of internet-based trading in overall turnover for NSE segment
5.5. Retail ADTO trend for cash market and equity derivatives

Chapter 6: State-wise no. of registered brokers
6.1. State-wise number of registered brokers

Chapter 7: Impact of COVID-19
7.1. Effect of COVID-19 on the market

Chapter 8: Market influencers
8.1. Market drivers
8.2. Market challenges

Chapter 9: Market trends
9.1. Market trends

Chapter 10: Competitive landscape
10.1. Angel Broking Limited
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographical segments
Note: Financial information has been covered only for public companies.
10.2. Geojit Financial Services Limited
10.3. ICICI Securities Limited
10.4. IIFL Finance Limited
10.5. Motilal Oswal Financial Services Limited
10.6. Reliance Capital Limited
10.7. SMC Global Securities Limited
10.8. HDFC Securities Limited
10.9. Kotak Securities Limited
10.10. Zerodha Broking Limited

Chapter 11: Recent developments
11.1. Recent developments


Chapter 12: Appendix
12.1. Research methodology
12.2. About Netscribes
12.3. Disclaimer