National Supervisory Authority & Licensing Qualification Dossier • Asia-Pacific
SEBI
Global JurisdictionSecurities and Exchange Board of India
- Supervisory tier
- Tier-2
- License classes
- 2
- Licensed records
- 41
- Active / regulated
- 41
Statutory Supervisory Mandate & Scope
Securities and Exchange Board of India (SEBI) operates as a statutory financial supervisory authority regulating financial institutions in 4 (IN). The authority oversees entity licensing, capital adequacy compliance, conduct supervision, and enforcement disclosures via its official registry at sebi.gov.in.
Prudential Tier Assessment
Tier-2Tier-2 national capital markets, securities, and derivatives supervisory authority in Global Jurisdiction, IOSCO member standards-aligned.
National licensing qualifications & statutory authorisation classes (SEBI)
Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by SEBI in Global Jurisdiction.
| License class / code | Official designation | Permitted institutional & retail activities | Minimum initial / base capital | Ongoing prudential & solvency rule |
|---|---|---|---|---|
| Category 1 / Principal Broker-Dealer | Full-Scope Securities & Derivatives Dealer (Market Maker / Principal) | Dealing as principal or market maker in securities, FX, CFDs, futures, options, and underwriting. | USD $150,000 – $500,000 equivalent minimum paid-up capital | Risk-weighted capital adequacy + minimum liquid capital buffer ≥ 25% of annual fixed overheads. |
| Category 2 / Agency Broker & Asset Manager | Securities Brokerage (Agency / STP) & Discretionary Portfolio Management Licence | Order execution, reception and transmission of client orders, discretionary portfolio management, and investment advisory. | USD $75,000 – $150,000 equivalent minimum paid-up capital | Strict client money segregation, best-execution monitoring, and quarterly regulatory financial returns. |
Investor compensation, client money segregation & digital-asset regime
Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under SEBI.
National Investor Protection / Compensation Scheme (Global Jurisdiction)
- Maximum coverage per client
- Subject to statutory national investor protection fund limits and segregated trust priority
- Eligible counterparties & scope
- Retail clients of licensed securities and investment brokerage firms.
SEBI Client Money & Safe Custody Segregation Rules
- Reconciliation & audit cadence
- Daily reconciliation of segregated client trust bank accounts against client trading ledger balances.
- Approved custodian requirements
- Client funds and securities must be held in bankruptcy-remote statutory trust accounts at licensed commercial banks or central securities depositories.
SEBI Digital Asset / Tokenized Securities & VASP Regulatory Framework
- Travel Rule, custody & stablecoin rules
- FATF Recommendation 16 Travel Rule enforcement and institutional qualified custody standards.
Primary Governing Statutes & Rulebooks
- Securities and Capital Markets Act of Global Jurisdiction
- SEBI Licensing, Prudential Capital Adequacy & Conduct of Business Rules
- Client Money & Custody Asset Segregation Regulations (Global Jurisdiction)
- IOSCO Principles of Securities Regulation & National AML/CFT Rulebook
Regulatory Reporting & Audit Obligations
Quarterly capital adequacy returns and annual IFRS audited financial statements submitted to SEBIAnnual independent auditor attestation on Client Money and Safe Custody complianceTransaction reporting, market abuse surveillance (MAR), and AML/CFT suspicious activity reporting
Cross-Border Equivalence & Passporting
Operates under Global Jurisdiction national jurisdiction and IOSCO MMoU cross-border supervisory cooperation.
Supervised institutions & SEBI licence records in our database
41 licence records referencing SEBI (41 regulated/registered).
| Institution | Licence number | Status | Licensed legal entity | Effective date | Verification |
|---|---|---|---|---|---|
| Nirmal Bang | INZ000202536 | Regulated | NIRMAL BANG SECURITIES PRIVATE LIMITED | 1996-09-26 | |
| Wealthstreet | INZ000157331 | Regulated | WEALTHSTREET FINANCIAL SERVICES PRIVATE LIMITED | — | |
| HDFC Bank | Not supplied | Regulated | HDFC Bank Securities | — | |
| IDFC FIRST Bank Securities | Not supplied | Regulated | IDFC FIRST Bank Securities | — | |
| UCO Bank | Not supplied | Regulated | UCO Bank Securities | — | |
| Anand Rathi(Cross-jurisdiction record) | INZ000170832 | Regulated | ANAND RATHI SHARE AND STOCK BROKERS LIMITED | 1994-12-16 | |
| Angel One(Cross-jurisdiction record) | INZ000161534 | Regulated | ANGEL ONE LIMITED | 1990-01-13 | |
| Kotak Securities(Cross-jurisdiction record) | INZ000200137 | Regulated | KOTAK SECURITIES LIMITED | 1995-10-19 | |
| Upstox(Cross-jurisdiction record) | INZ000015837 | Regulated | RKSV COMMODITIES INDIA PVT LTD | 2015-11-30 | |
| ICICIDirect(Cross-jurisdiction record) | INZ000183631 | Regulated | ICICI SECURITIES LIMITED | 1995 | |
| Axis Securities Limited(Cross-jurisdiction record) | INZ000161633 | Regulated | AXIS SECURITIES LIMITED | 2000-05-23 | |
| Hem Securities(Cross-jurisdiction record) | INZ000167734 | Regulated | HEM FINLEASE PVT. LTD. | 2000-06-27 | |
| Indiabulls(Cross-jurisdiction record) | INZ000036136 | Regulated | Dhani Stocks Limited | 2015-10-22 | |
| LKP(Cross-jurisdiction record) | INZ000216033 | Regulated | LKP SECURITIES LTD | 1994-11-23 | |
| Sharekhan(Cross-jurisdiction record) | INZ000171337 | Regulated | SHAREKHAN LIMITED | 2018-03-26 | |
| 5paisa Capital(Cross-jurisdiction record) | INZ000010231 | Regulated | 5PAISA CAPITAL LIMITED | 2015-09-30 | |
| Bonanza(Cross-jurisdiction record) | INZ000212137 | Regulated | BONANZA PORTFOLIO LTD. | 1994-09-23 | |
| Geojit(Cross-jurisdiction record) | INZ000104737 | Regulated | GEOJIT FINANCIAL SERVICES LIMITED | 2017-05-09 | |
| IDBI Capital(Cross-jurisdiction record) | INZ000007237 | Regulated | IDBI CAPITAL MARKETS & SECURITIES LIMITED | 2016-08-31 | |
| IIFL(Cross-jurisdiction record) | INZ000164132 | Regulated | IIFL SECURITIES LIMITED | 2005-05-17 | |
| Libord Brokerage(Cross-jurisdiction record) | INZ000006536 | Registered | LIBORD BROKERAGE PRIVATE LIMITED | 2015-04-16 | |
| Marwadi(Cross-jurisdiction record) | INZ000174730 | Regulated | MARWADI SHARES AND FINANCE LIMITED | 2004-03-11 | |
| MCX(Cross-jurisdiction record) | Not supplied | Regulated | Metropolitan Stock Exchange of India Ltd. | — | |
| Motilal Oswal(Cross-jurisdiction record) | INZ000158836 | Regulated | MOTILAL OSWAL FINANCIAL SERVICES LIMITED | 1999-03-16 | |
| Nuvama Wealth(Cross-jurisdiction record) | INZ000005231 | Regulated | Nuvama Wealth and Investment Limited | 2022-11-25 | |
| PROFITMART(Cross-jurisdiction record) | INZ000093633 | Regulated | Profitmart Securities Private Limited | 2024-06-27 | |
| reliancesmartmoney.com(Cross-jurisdiction record) | INZ000172433 | Regulated | RELIANCE SECURITIES LIMITED | 2005 | |
| Rupeezy(Cross-jurisdiction record) | INZ000187932 | Regulated | ASTHA CREDIT & SECURITIES PVT. LTD. | 2005-04-20 | |
| SAS Online(Cross-jurisdiction record) | INZ000164738 | Regulated | SOUTH ASIAN STOCKS LTD. | 1996 | |
| SBI Securities(Cross-jurisdiction record) | INZ000200032 | Regulated | SBICAP SECURITIES LIMITED | 1999-03-08 | |
| SMC(Cross-jurisdiction record) | INZ000199438 | Regulated | SMC GLOBAL SECURITIES LIMITED | 1995-08-30 | |
| Suresh Rathi(Cross-jurisdiction record) | INZ000025732 | Regulated | SURESH RATHI COMMODITIES PRIVATE LIMITED | 2015-12-02 | |
| Tradebulls Securities(Cross-jurisdiction record) | INZ000171838 | Regulated | TRADEBULLS SECURITIES PRIVATE LIMITED | 2009-1 | |
| Trustline(Cross-jurisdiction record) | INZ000211534 | Regulated | TRUSTLINE SECURITIES LIMITED | 1995-07-26 | |
| Ventura(Cross-jurisdiction record) | INZ000194736 | Regulated | VENTURA SECURITIES LIMITED | 1995-08-08 | |
| Yes(Cross-jurisdiction record) | INZ000185632 | Regulated | YES SECURITIES (INDIA) LIMITED | 2013-07-08 | |
| YES SECURITIES(Cross-jurisdiction record) | INZ000185632 | Regulated | YES SECURITIES (INDIA) LIMITED | 2013-07-08 | |
| Zerodha(Cross-jurisdiction record) | INZ000031633 | Regulated | ZERODHA BROKING LIMITED | 2016-03-11 | |
| Aliceblue(Cross-jurisdiction record) | INZ000156038 | Regulated | ALICE BLUE FINANCIAL SERVICES PRIVATE LIMITED | — | |
| Koinbx(Cross-jurisdiction record) | REID VA00048773 | Regulated | Kooz Advisors and Technologies Private Limited | 2018 | |
| Choice(Cross-jurisdiction record) | INZ000160131 | Regulated | CHOICE EQUITY BROKING PRIVATE LIMITED | — |
SEBI (Global Jurisdiction): institutional licensing & due diligence FAQ
Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.
What are the primary licensing classes and minimum capital requirements under SEBI (Global Jurisdiction)?
SEBI (Securities and Exchange Board of India) supervises financial institutions in Global Jurisdiction under Securities and Capital Markets Act of Global Jurisdiction and SEBI Licensing, Prudential Capital Adequacy & Conduct of Business Rules. Key statutory authorisation classes include: Category 1 / Principal Broker-Dealer (Full-Scope Securities & Derivatives Dealer (Market Maker / Principal) — min. capital: USD $150,000 – $500,000 equivalent minimum paid-up capital); Category 2 / Agency Broker & Asset Manager (Securities Brokerage (Agency / STP) & Discretionary Portfolio Management Licence — min. capital: USD $75,000 – $150,000 equivalent minimum paid-up capital). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.
Does SEBI provide statutory investor compensation and mandatory client asset segregation?
Under SEBI's framework, investor protection is governed by National Investor Protection / Compensation Scheme (Global Jurisdiction) with maximum coverage of Subject to statutory national investor protection fund limits and segregated trust priority (Retail clients of licensed securities and investment brokerage firms.). For client money and custody assets, supervised firms must comply with SEBI Client Money & Safe Custody Segregation Rules, performing daily reconciliation of segregated client trust bank accounts against client trading ledger balances. with client funds and securities must be held in bankruptcy-remote statutory trust accounts at licensed commercial banks or central securities depositories..
How does SEBI regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?
SEBI's digital-asset regime is structured around SEBI Digital Asset / Tokenized Securities & VASP Regulatory Framework (Regulates security tokens, crypto derivatives, and licensed digital asset intermediaries in Global Jurisdiction.). Custody and AML/CFT compliance obligations require: FATF Recommendation 16 Travel Rule enforcement and institutional qualified custody standards.
How can I verify an institution's SEBI licence number and check our 41 recorded licence entries?
Our database currently tracks 41 licence records referencing SEBI (41 marked regulated or registered). To verify a counterparty at the primary source, open SEBI's official public register (https://www.sebi.gov.in/), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.
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Statutory licensing classes, base capital rules, and investor protection summaries for SEBI (Global Jurisdiction) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on SEBI’s official public register.