SEBI Services · Stock Broker Licence

SEBI Stock Broker Licence obtain your SEBI and exchange membership to operate a licensed stockbroking business in India.

A SEBI Stock Broker licence and exchange membership are mandatory prerequisites for any entity that wishes to buy or sell securities on Indian stock exchanges on behalf of clients — with registration under SEBI (Stock Brokers) Regulations, 1992 and membership of NSE, BSE, or other recognised exchanges required before executing any client order.

Reviewing promoter background, financial strength, and infrastructure readiness against SEBI's fit-and-proper and net worth criteria for stock broker registration. At Beyonte Compliances, we provide end-to-end registration and compliance support — guiding you through every stage of the SEBI regulatory process from application to authorisation and beyond.

What Our Service Covers

Net Worth & Eligibility Assessment

Reviewing promoter background, financial strength, and infrastructure readiness against SEBI's fit-and-proper and net worth criteria for stock broker registration.

SEBI Registration Application

Preparing and filing the stock broker registration application on the SEBI Intermediary Portal with all entity, promoter, and infrastructure documentation.

NSE / BSE Exchange Membership

Assisting with exchange membership applications — documentation, admission fee, base capital deposit, and membership agreement execution.

Deposit & Capital Compliance

Advising on base minimum capital, security deposit, and networth maintenance requirements for the specific exchange segments applied for.

Technology & Infrastructure Setup Advisory

Advising on the infrastructure requirements — trading terminals, risk management systems, and order management systems — prescribed by SEBI and the exchanges.

SEBI Compliance Manual

Drafting the stock broker compliance manual — covering client KYC, PMLA obligations, margin reporting, and investor grievance redressal procedures.

Dealer & Trader Certification

Advising on NISM Series VII (Securities Operations and Risk Management) and NISM Series VIII (Equity Derivatives) certification requirements for authorised persons and dealers.

Post-Registration Compliance

Managing ongoing SEBI and exchange compliance — client fund reporting, margin obligations, SEBI inspections, and annual compliance reports.

Our Process

Eligibility & Structure Review

Assessing the applicant's eligibility, structure, and documentation readiness against SEBI regulatory requirements before initiating the application.

Document Preparation

Gathering and preparing all required entity, promoter, financial, and infrastructure documents for the registration application.

SEBI / Exchange Application Filing

Filing the complete registration or listing application with SEBI and the relevant exchange through the prescribed portal or process.

SEBI Query & Observation Response

Responding to SEBI observations and additional information requests — systematically and completely — to achieve timely registration or listing approval.

Registration / Listing & Compliance Setup

Receiving the registration certificate or listing approval and establishing the ongoing regulatory compliance framework for the authorised entity.

Why It Matters

✓SEBI registration is legally mandatory — operating without it attracts significant financial penalties and enforcement

✓Regulatory authorisation builds institutional credibility with investors, clients, and business partners

✓Structured application process reduces SEBI query rounds and minimises registration delays

✓Expert drafting of regulatory documents ensures compliance with SEBI's precise disclosure standards

✓Compliance framework setup from day one prevents inadvertent post-registration violations

✓SEBI query management experience accelerates the approval process through complex observation rounds

✓End-to-end support eliminates the need to manage multiple advisors across legal, finance, and regulatory domains

✓Ongoing compliance management protects the registration from lapse or SEBI-initiated cancellation

Frequently Asked Questions

The minimum net worth for a stock broker varies by exchange segment. For NSE Cash Segment: ₹1 crore; F&O Segment: ₹3 crore; Currency Derivatives: ₹3 crore; Commodity Derivatives: ₹3 crore. For BSE, similar requirements apply. The net worth must be maintained at all times and certified by a CA annually.

The complete stock broker registration process — SEBI application, exchange membership, and commencement of operations — typically takes four to eight months. SEBI registration takes four to six weeks; exchange membership and infrastructure certification add further time. A well-prepared application with complete documentation and compliant infrastructure reduces delays significantly.

A trading member (TM) executes trades on the exchange on behalf of clients but does not clear and settle those trades independently. A self-clearing member (SCM) clears and settles its own trades. A professional clearing member (PCM) clears for other TMs. Different capital and net worth requirements apply to each category.

Authorised Persons (APs) are individuals or entities appointed by registered stock brokers to act as sub-brokers or business partners — sourcing clients and facilitating orders under the broker's registration. APs must pass NISM certifications, register with the exchange, and operate under the broker's supervision. They cannot hold client funds or open trading positions independently.

Launch a fully licenced stockbroking business with SEBI registration and exchange membership.

Talk to our team about stock broker registration, exchange membership, and compliance setup.