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AC Agarwal Share Brokers
AC Agarwal Share Brokers

A family business in capital markets, since 1990.

AC Agarwal Share Brokers started on the trading floor in Jaipur and grew with India’s markets - through the 1992 Harshad Mehta crisis, the 2008 global crash, the pandemic selloff, and every bull run in between. Today we serve 40,000+ clients placing 2,00,000+ orders a day, with ₹20,000+ crore in daily turnover, from 100+ offices across the country.

A C Agarwal Share Brokers was founded in 1990 by Shri Amarchand Agarwal, with one conviction: that small and medium investors deserve the same research, the same execution, and the same regulatory rigour as institutional clients. The firm has now been in Indian capital markets for over 30 years, and our founder himself for over 40, beginning long before SEBI, dematerialisation, or screen-based trading existed.

From a single office in Jaipur, we expanded to Vadodara, our headquarters today, and grew a network of branches and authorised partners across Gujarat, Rajasthan, Maharashtra and the Delhi NCR. In 2009 we received our SEBI corporate member registration (INZ000216930, valid perpetually). Today we are corporate members of NSE, BSE, MSE and MCX, and a CDSL Depository Participant.

The business is professionally managed and family-owned, and unapologetic about both. We run our own research desk and our own back-office, and our trading platform sits on Symphony Fintech’s XTS, the same standard backbone several Indian brokers use. None of this is meant as a novelty. It is just what lets us offer ₹4 brokerage while still picking up the phone when a client calls at 9:14 AM.

A family business, professionally run.

The firm is owned by the Agarwal family and run by a board that combines first-generation founders, second- generation operators, and a senior compliance and risk team. Each contact below answers their own line.

Founder & Promoter
Shri Amarchand Agarwal

Started A C Agarwal Share Brokers in 1990. Has spent over 40 years in Indian capital markets, with a focus on bringing serious research and execution to retail clients in North and West India.

Executive leadership
Operations, technology, partners

The next generation of the family handles day-to-day operations, the technology stack, and the authorised-partner network. Present on the dealing floor every market session.

Compliance Officer
aca.compliance@acagarwal.com

SEBI-registered Compliance Officer. Direct contact for any client escalation. Acknowledgements within 24 hours and resolution within 30 days, in line with the Investor Charter.

100+ offices. Your dealer, your city.

Our HQ is in Vadodara with a full-floor dealing room. From there, we’ve built a branch and authorised-partner network across the country so a dealer who knows your risk appetite is never more than one phone call away.

Find your nearest branch →
Vadodara (HQ)
Branch office
Ahmedabad
Branch office
Surat
Branch office
Rajkot
Branch office
Jaipur
Branch office
Mumbai
Branch office
Delhi NCR
Branch office
Partner with us

Grow your client base. Earn up to 85% of the brokerage.

Our authorised-person program has 400+ active partners running their own desks and client books under AC Agarwal’s SEBI registration. Competitive revenue share, dedicated back-office and compliance support, and a pricing structure that keeps your clients loyal.

Revenue share
Up to 80%
Margin & collateral
Shared from HQ
Back-office
Centralised
Technology
Bloom & Math apps

Quants, dealers, analysts, engineers. We’re hiring year-round.

If you want to work on real trading infrastructure at retail scale - not a simulator, not a demo - drop us a note. Write to careers@acagarwal.com with your CV and the desk you want to be on.

careers@acagarwal.com

1. Prevent unauthorised transactions in your account. Update your mobile numbers / email IDs with your stock broker. Receive information of your transactions directly from the Exchange on your mobile / email at the end of the day. Issued in the interest of investors.

2. Prevent unauthorised transactions in your demat account. Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.

3. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary, you need not undergo the same process again when you approach another intermediary.

4. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.