Zerodha Broking Limited
Financial Services · Broking & Wealth-Tech
Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.
Indicative private-market reference — not an exchange quote. Not investment advice.
- Implied valuation
- Not available
- Revenue growth
- Not disclosed
- EBITDA margin
- Not disclosed
- Prospera Score
- Not yet scored
What the market says, and what we know.
Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.
No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.
- Research Universe — availableCatalogued as a strategically relevant private-market company.
- Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
- Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
- Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Indicative Private-Market Price History
Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.
Price history not available. No dated third-party quotes have been sourced for this company yet.
The business, in plain English.
Assembled only from records that exist for this company. Anything not disclosed says so.
- Founded
- 2010
- Headquarters
- Bengaluru, Karnataka
- Sector
- Financial Services · Broking & Wealth-Tech
- Promoters
- Nithin Kamath, Nikhil Kamath
What it does
Zerodha is a discount stockbroking and wealth-tech platform offering equity, derivatives, currency and commodity trading, mutual fund distribution (Coin), and other retail investment products through a flat-fee brokerage model. It has recently sought SEBI registration to expand into investment banking and IPO-related advisory services via Zerodha Corporate Advisors.
Source: Zerodha (About)Why it matters
Competes with Groww (which has recently overtaken it in active investor count), Upstox and Angel One in the discount broking segment.
Source: Not attributedOwnership structure
Wholly owned by co-founders Nithin Kamath and Nikhil Kamath; bootstrapped since inception in 2010 with no external equity investors.
Promoters & principal holders: Nithin Kamath, Nikhil Kamath
Private-market context
Unlisted; CEO Nithin Kamath has repeatedly and publicly ruled out an IPO, stating the company sees no need to raise capital through public markets.
What to understand before investing
- Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
- Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
- An expected IPO may be delayed, repriced or never happen at all.
- A good company can still be a poor investment at the wrong valuation.
Research is not yet complete for this company.
We would rather say that plainly than publish a page that looks finished.
No financials, no implied valuation and no peer comparison have been researched for this company yet.
No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.
What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.
What could go wrong.
Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.
Business
1 recorded riskZerodha's own CEO has publicly projected a 10-20% decline in the company's broking business, largely reflecting the impact of SEBI's tightened derivatives-trading regulations on retail F&O volumes, which have historically been a major revenue driver for discount brokers.
Source: NiftytraderWhat's happened, and why it matters.
Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.
- Other28 Jun 2026
Zerodha seeks SEBI registration for an investment banking arm
Signals a strategic diversification beyond broking into IPO and corporate-advisory services at a time when its own core broking revenue is under pressure from regulatory changes.
Source: Business Standard
Everything traceable.
Every figure on this page comes from one of the records below. Where a source published a link, it is here.
| Field | Source | As of |
|---|---|---|
| Business Description | Zerodha (About) | Not disclosed |
| Competitive Position | Not attributed | Not disclosed |
Interested in Zerodha Broking Limited?
Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.
We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.