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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.

Shri Amarchand Agarwal started the firm in 1990 with one conviction: that small and medium investors deserve the same research, the same execution, and the same regulatory rigour as institutional clients. For forty years he’s been at the centre of India’s capital markets, bringing awareness and access to a generation of Indian savers.

From a single office in Jaipur, we expanded to Vadodara - now our headquarters - and built out a branch network across Gujarat, Maharashtra, Rajasthan, Tamil Nadu, Karnataka, and Delhi NCR. In 2009 we received our SEBI corporate member registration (INZ000216930, valid perpetually) and today we hold memberships on NSE, BSE, MCX, and MSE.

The business is professionally managed, family-owned, and unapologetic about both of those facts. We run our own clearing, our own research desk, our own technology stack (Symphony Fintech XTS) - not because we’re trying to win the fintech hype cycle, but because that’s what lets us offer ₹4 brokerage while still picking up the phone when a client calls at 9:14 AM.

Three decades. One phone number.

Shri Amarchand Agarwal
Founder & Promoter

In the capital markets for 40+ years. Recognised for bringing institutional-grade research to small and medium investors across North and West India.

Executive Directors
Operations & Clients

Second-generation leadership overseeing technology, retail operations and partner network. Present on the floor daily.

Compliance Desk
Regulatory · aca.compliance@acagarwal.com

Direct line to our SEBI-registered Compliance Officer. Escalations answered in writing within 24 hours as per our 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
Mumbai
Branch office
Pune
Branch office
Jaipur
Branch office
Udaipur
Branch office
Jodhpur
Branch office
Delhi NCR
Branch office
Indore
Branch office
Bhopal
Branch office
Bengaluru
Branch office
Chennai
Branch office
Hyderabad
Branch office
Partner with us

Run your own desk. Under our registration.

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.