Nikunj Stock Brokers — Header
Nikunj Stock Brokers Ltd — home
Open an Account
Open Account
About Us | Nikunj Stock Brokers Ltd
Established 1994 · Delhi, India

Three Decades of
Trusted Broking

Nikunj Stock Brokers Ltd is one of India's established full-service broking houses — SEBI Regulated Broker, exchange-member across NSE, BSE and MCX, and built on a single principle: your wealth comes first.

Open a Free Account Our Story →
Stock market trading
Nikunj Stock Brokers Ltd
Built for the Long Haul
Since 1994 · New Delhi
100%
Client-Centric Approach
10K+
Satisfied Clients
3
Exchange Memberships
10+
Product Segments
₹35,000 Cr+ Assets in Demat Holding
30+ Years In Business
1994
Year Founded
NSE · BSE
· MCX Member
100%
SEBI Compliant
₹35,000 Cr+
Assets in Demat Holding

Our Story

A Broker Built on
Three Decades of Trust

Nikunj Stock Brokers Ltd was founded in 1994 in New Delhi with a clear conviction: Indian investors deserved a broker that genuinely put their interests first. At a time when the market was just opening up, Nikunj chose to build a full-service model — backing every client with real people, not just a trading screen.

Over three decades, we have grown alongside India's capital markets — from the introduction of screen-based trading to the rise of derivatives, the smartphone revolution, and the dramatic broadening of retail participation. Through every cycle, our commitment has remained unchanged.

"Not a discount app. A broker who picks up the phone."

Today, Nikunj serves clients across equities, F&O, mutual funds, IPOs, commodities, currencies, PMS, NRI investments and insurance — all under one roof, all with the same personalised attention that has defined us since day one. We are a SEBI Regulated Broker and members of NSE, BSE and MCX, giving clients access to research reports from registered providers every trading day.

94
1994
Founded in New Delhi
Nikunj Stock Brokers Ltd established with a client-first philosophy in Kamla Nagar, Delhi.
NSE
Late 1990s
NSE & BSE Membership
Secured membership of both National Stock Exchange and Bombay Stock Exchange, enabling full equity market access for clients.
MCX
2000s
Commodity & Derivatives Expansion
Added MCX membership and launched F&O services, offering clients access to commodity and currency derivatives.
📱
2010s
Digital Platform Launch
Launched full-featured web and mobile trading platforms — bringing professional-grade tools to every investor's pocket.
▶
Today
30+ Years & Growing
Serving clients across 10+ product segments with research reports, support from a dedicated Relationship Manager, and instant digital onboarding.

Verified Registrations

Every Number Here, You Can Check Yourself

We'd rather show you our registration numbers than ask you to take our word for it. Look us up directly on SEBI, the exchanges, or the depositories.

SEBI Registration
INZ000169335
Stock Broker, registered with the Securities & Exchange Board of India
NSE Member Code
06913
National Stock Exchange — Capital Market, F&O, Currency Derivatives
BSE Member Code
6645
Bombay Stock Exchange — Capital Market & Derivatives
MCX Member Code
16505
Multi Commodity Exchange — Gold, Silver, Crude Oil & more
NSDL Depository
IN302994
Depository Participant — National Securities Depository Ltd
CDSL Depository
12100300
Depository Participant — Central Depository Services Ltd
CIN: U74899DL1994PLC060413 · Verify any registration directly on sebi.gov.in, nseindia.com or bseindia.com

What We Stand On

Four Things We've
Never Compromised

Markets have changed completely since 1994 — but these haven't. They're not slogans on a wall. They're the reason clients stay with us for decades.

Zero Tolerance on Compliance
We don't treat regulation as a checkbox. Full SEBI adherence is the floor we operate from, not a target we aim for — every day, without exception.
A Person Who Picks Up
Every client has a named Relationship Manager — reachable on call, email or in-branch. Not a ticket queue. A person who knows your portfolio.
Charges You Can See Upfront
No buried fine print. Every charge — brokerage, AMC, statutory — is disclosed before you trade, not discovered afterward in a statement.
Built for Decades, Not Quarters
We don't chase transaction volume. Three decades in, our oldest clients are still our clients — that's the only growth metric that matters to us.

Leadership

The People Behind Nikunj

Experienced professionals with decades in Indian capital markets.

Board of Directors
 
PS
Mr. Pramod Kumar Sultania
Director
30+ Years Capital Markets
SS
Mrs. Sangeeta Sultania
Director
Board Member
YS
Mr. Yash Sultania
Director
Board Member
Key Management Person
In addition to the Board of Directors
MO
Ms. Monika
Compliance Officer
Nikunj Team
Team members at Nikunj
RA
Ms. Reena Ahuja
CDSL DP Manager
Head of Customer Care
AA
Mr. Anshul Aggarwal
Director Sales
Head of Marketing
KB
Mr. Khush Bantha
PMS Fund Manager
Investor Relationship Manager
AK
Mr. Ashok Kumar
In charge — NSDL DP
Head of Depository Division (NSDL)
RK
Mr. Rakesh Kumar
Branch Manager
Head of Dealing Room
PP
Mr. Pramod Kumar Pandey
IT Manager
Head of IT Infra
SK
Mr. Santosh Kumar
Data Base Management
RV
Mr. Ravi Vashisht
RMS
AN
Mr. Anjay
Senior Accountant

Experience 30+ Years of
Broking Excellence

Open a free Demat + Trading account in minutes. SEBI Regulated Broker, trusted since 1994.

Open a Free Account 📞 011-47030000
Footer – Nikunj Stock Brokers Ltd