The brokerage companies such as Groww, Angel One, Zerodha, Upstox Securities, Kotak Securities, Motilal Oswal and Nuvama Wealth Wealth witnessed the client’s dropout in March 2025 Cuartter, according to the national stock exchange data. Collectively, these companies lost about nine active Lakh clients in the fourth quarter to 4.92 million rupees.
The recent market correction, volatile trends, the current profit season and global signals have affected the client base of the stock market houses. However, in an year -on -year base, more than 84 LAKH of new demat accounts, which shows a 20.5 percent increase, were opened.
The four main companies that felt the maximum pressure include Groww Invest Tech, Zerodha Broking, Angel One and Upstox. Groww has witnessed a great decrease, its active client base fell to 1.29 million rupees in the quarter under review of 1.32 million rupees in the quarter of December 2024. However, it has increased by 40 percent of 95 Lakh in March 2024.
Zerodha’s brokerage continued with 2.31 LAKH of decrease in active clients to 78.87 Lakh in March 2025 quarter compared to 81.2 Lakh in the previous quarter.
Angel One’s customer base fell to 75.78 Lakh in the quarter of March 2025 compared to 77.54 Lakh in the previous quarter. The broker declined to comment. The earnings of the signing of traded shares corridors fell 49 percent in the fourth quarter of 2015. For the Upstox values, 27.47 Lakh fell in March 2025.
However, the duration of fiscal year 2015, Angel One added 14.6 Lakh of new accounts, Zerodha 5.8 Lakh and customers of 2.30 Lakh of Upstox.
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Posted on April 22, 2025
