Anand Rathi operates a broad securities and derivatives brokerage within a wider financial-services group. The company’s exchange registration and the CDSL depository registration answer different questions: one concerns trading intermediation, the other custody account administration. Readers should not import the charges or protections of a similarly named investment-advisory, wealth or distribution affiliate into the sharebroker agreement.[1][2]
Broker essentials01
Anand Rathi Share and Stock Brokers at a glance
| Measure | Value | Context |
|---|---|---|
| Published service | Indian full-service equities, derivatives and commodity brokerage | Source 1 |
| Primary operating jurisdiction | India | Source 1 |
| Firm named in account and regulatory context | Anand Rathi Share and Stock Brokers Ltd | Source 3Source 2 |
| Type of broker | Indian securities, exchange derivatives and depository services | Source 1 |
| Service website | https://app.anandrathi.com/home/aboutus | Source 1 |
Account types and onboarding
Sections ↑Account comparison02
Indian sharebroker account structure
| Item | Terms | Scope |
|---|---|---|
| Retail trading | Securities account with Anand Rathi Share and Stock Brokers Ltd | Company must be distinguished from similarly branded wealth subsidiariesSource 1 |
| Demat holding | Depository-client relationship under CDSL participant registration | Keeping shares in demat is a separate operational function from placing ordersSource 2 |
| Derivative access | Exchange derivatives subject to risk, segment activation and margins | A securities KYC account need not enable futures/options automaticallySource 1Source 3 |
| Commodity access | MCX and NCDEX memberships identified on operator pages | Contract sizes/margins are exchange-specificSource 1Source 3 |
Account comparison03
Identity and onboarding evidence
| Item | Terms | Scope |
|---|---|---|
| SEBI intermediary | INZ000170832 | Broker trading registration, not DP licenceSource 1Source 3 |
| NSE code | 06769 listed in Anand Rathi corporate particulars | NSE membership different from bank regulator approvalSource 1 |
| BSE code | 949 published | Supports securities exchange cross-checkSource 1 |
| CDSL DP | IN-DP-437-2019 | Demat custody administration distinct from executionSource 2 |
| Registered route | Indian KYC and account agreement controlled by operator | An earlier free-opening promotional period is not current by defaultSource 4Source 1 |
Markets, instruments and ownership
Sections ↑At a glance04
Securities and exchange-traded derivatives
| Item | Terms | Scope |
|---|---|---|
| Cash equities | Indian stock exchanges | Share exposure differs from derivatives margin positionsSource 1 |
| Equity futures | Exchange-traded standard contracts where segment enabled | Contract size and expiry set by exchangeSource 1 |
| Options | Listed option premium and exercise terms | Risk differs substantially between option buyer and writerSource 1 |
| Commodity futures | MCX/NCDEX operator memberships | Commodity price/settlement rules are contract-specificSource 1Source 3 |
At a glance05
Advisory and distribution boundaries
| Item | Terms | Scope |
|---|---|---|
| Equity brokerage | Share and Stock Brokers legal entity | Executes orders on relevant licensed exchangesSource 1 |
| Depository | CDSL participant relationship | Maintains beneficial owner account and securities debitsSource 2 |
| Group wealth services | Anand Rathi name also used by separately structured wealth businesses | Broker's SEBI INZ cannot be borrowed for unrelated advisory businessesSource 1 |
| Research platform | Firm/app publishes market content | Analyst view is not a guaranteed trade outcomeSource 6 |
Brokerage, FX, financing and other charges
Sections ↑Pricing & charges06
Brokerage and account charges
| Item | Terms | Scope |
|---|---|---|
| Trading brokerage | No universal numeric tariff is established by the reviewed public terms | The applicable share, futures and options charges depend on the account’s tariff.Source 4 |
| Depository charges | Separate from trading brokerage | Demat maintenance and debit charges belong to the DP schedule.Source 2Source 4 |
| Statutory charges | GST, STT, stamp duty and exchange charges apply where relevant | Account-opening offers do not waive these charges.Source 4 |
Pricing & charges07
Opening-fee disclosure and payment conditions
| Item | Terms | Scope |
|---|---|---|
| Opening and cancellation | The general refund policy says no charge; a separate dated offer describes a ₹500 opening-fee waiver | The waiver’s 1 April 2025–31 March 2026 period has ended. The page does not resolve the current fee consistently.Source 4 |
| Nonregistered-bank payment | Refund within three working days after request and supporting documents | Applies to money received from a bank account not registered with the client account.Source 4 |
| Dishonoured cheque | ₹100 plus 18% GST | A payment-handling charge.Source 4 |
| Failed payment-gateway transaction | Refund follows the relevant bank/payment-gateway policy | The broker does not publish one universal instant-refund promise.Source 4 |
Orders, execution and dealing technology
Sections ↑At a glance08
Exchange access and trade records
| Item | Terms | Scope |
|---|---|---|
| NSE and BSE | Indian exchange memberships shown on corporate page | Executions subject to relevant market hours and controlsSource 1 |
| MCX and NCDEX | Commodity memberships separate from equities | Contract margin/currency denomination must be checkedSource 1Source 3 |
| Order confirmation | Brokerage contracts and exchange contract note establish executions | Market screen is not final settlement evidenceSource 4 |
| Pledged collateral | Derivative margin rules depend on approved instrument | Share demat value is not identical to available trading cashSource 4 |
At a glance09
Digital use and service limitations
| Item | Terms | Scope |
|---|---|---|
| Mobile platform | Anand Rathi Trade Mobi | Named in the CDSL and NCDEX records.Source 2Source 3 |
| Market analysis | Broker offers research-oriented interface | Recommendations should not be confused with order routingSource 6 |
| Retail client controls | Exchange segment activation and appropriateness conditions | A live account does not license unrestricted OTC Forex dealingSource 1 |
| Call & Trade | 022 6815 1515 or 022 6825 1515 | Published dealing contacts; no 24-hour execution commitment is stated here.Source 5 |
Cash, currencies and asset transfers
Sections ↑At a glance10
Demat and settlement rather than FX wallet
| Item | Terms | Scope |
|---|---|---|
| Depository participant | Indian CDSL records verify DP relationship | Stock transfer procedures involve DP/BO identifiersSource 2 |
| Share delivery | Settlement movement into/out of demat account | Not the same as cash withdrawal to bankSource 2 |
| Trading cash | Linked settlement banking arrangements under client documentation | Cash balance not necessarily freely available while obligations unsettledSource 4 |
| Foreign currency | Published evidence concerns Indian exchange securities, including some derivatives | No general global spot FX wallet attributedSource 1 |
Legal entity, supervision and client protections
Sections ↑Entities & regulation11
Multiple identifiers and investor rights
| Item | Terms | Scope |
|---|---|---|
| Broker registration | INZ000170832 | SEBI stockbroker register codeSource 1Source 3 |
| Depository registration | IN-DP-437-2019 | Separate DP activity tracked by CDSLSource 2 |
| Exchange memberships | NSE, BSE, MCX, NCDEX disclosed | Membership validates specified market access, not execution safety scoreSource 1Source 3 |
| NCDEX member code | 1252 | The exchange record matches INZ000170832.Source 3 |
| Regulatory protection | Indian investor grievance and exchange arbitration routes exist | They concern eligible intermediary disputes, not price movementsSource 5 |
- Headquarters
- India
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Anand Rathi Share and Stock Brokers Ltd
No separate licence entry is recorded in this panel.
Support, complaints and records
Sections ↑At a glance12
Customer service and complaint escalation
| Item | Terms | Scope |
|---|---|---|
| Customer service | 1800 420 1004 or 1800 121 1003 | The first number is shown as the preferred contact.Source 5 |
| Broker grievance email | [email protected] | Published in the NCDEX member record.Source 3 |
| First escalation | After three working days at Level 1 | Proceed to Level 2 under the website’s complaint matrix.Source 5 |
| Compliance escalation | After three working days at Level 2 | The next stage is the compliance officer.Source 5 |
| CEO escalation | After seven working days at Level 3 | Published office hours are Monday–Friday, 09:30–18:30.Source 5 |
| Supporting records | Contract notes, order references and demat statements | These distinguish dealing, funding and securities-transfer disputes.Source 5Source 2 |
Research, tools and additional services
Sections ↑At a glance13
Other uses of Anand Rathi infrastructure
| Item | Terms | Scope |
|---|---|---|
| Research | Broker research and market materials | Investor bears decision risk, content not a trade guaranteeSource 6 |
| Stock/commodity dealing | Multiple exchange memberships | Product eligibility still depends on account segmentSource 1 |
| Depository service | DP account administration | Includes statements and demat transfer processesSource 2 |
| Wealth group | Related brands may offer different managed/wealth structures | Do not merge them into stockbroker profileSource 1 |
Sources & further reading
- Anand Rathi: corporate and exchange registration particulars Anand Rathi · Accessed 26 Oct 2026
- CDSL depository record for Anand Rathi CDSL · Accessed 29 Oct 2026
- NCDEX member listing for Anand Rathi sharebroker NCDEX · Accessed 29 Oct 2026
- Anand Rathi legal terms and conditions, including dated offers Anand Rathi · Accessed 29 Oct 2026
- Anand Rathi: customer support and complaints Anand Rathi · Accessed 29 Oct 2026
- Anand Rathi trading website / eArena Anand Rathi
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.