Institutional Equities

Leading domestic institutional equities brokers

Equirus Securities is one of the leading domestic institutional equities brokerage firms in India with more than 180 companies under over coverage and empanelment with almost all domestic institutions and many leading FIIs.

Application Form

Kindly note that a distinct application number has been given for each of the forms to be downloaded. Please refrain/avoid making copies of the application forms as forms bearing the same application form will be technically rejected. Only Resident Indians can use this application form.

Prefilled Form and Bid Submission to the Exchange

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Form Type

Important Links

Standard Set of Client Registration Form
Saral Account Opening Form Link
Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language
- Procedure for opening an account:
- Client can either download the form from the above link or visit the Equirus office in person.
- The KYC details, Nomination form, Trading Preferences and other details are required to be filled.
- The client has to affix his signature in the Account Opening form.
- Attach self attested copies of the documents as per the list mentioned in the Client Registration form.
- Submit the same at the Equirus Office.
- The Form and the documents will be verified against the original and once the due diligence is complete the account will be opened and details of the account will be communicated with the client.
AML, RMS, Surveillance and Dormant account Policy

Equirus Securities Private Limited

Investor Charter - Equirus Securities Private Limited Market Segment

Attention Investor

Caution and create awareness amongst their clients/investors to sensitize them to avoid practices like:

a) Sharing of trading credentials – login id & passwords including OTP’s.
b) Trading in leveraged products like options without proper understanding, which could lead to losses.
c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge &understanding of the product and its risks
d) Dealing in unsolicited tips through Whatsapp, Telegram, YouTube, Facebook, SMS, calls, etc.
e) Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers

Investor Alert - Click here to read

List of symbol - Click here to Download

Have you linked your Aadhar to your Trading & demat yet? - Click here

View Bank account details - Click here

E-Voting - Click here

1. Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.

2. Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.

3. Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link:

https://www.nseindia.com/invest/about-defaulter-section https://www.bseindia.com/static/investors/Claim_against_Defaulter.aspx

4. Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

5. Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.

6. Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.

7. Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.

8. Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.”

Members may take note of the above and comply.

9. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

10. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

11. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month. Issued in the interest of Investors.

Name of Bank Account	Bank Account No.	IFSC
Equirus Securities Private Limited-USCNB Account	920020006062207	UTIB0000004
Equirus Securities Private Limited-USCNB Account	920020031112982	UTIB0000004
EQUIRUS SECURITIES PVT LTD-USCNB ACCOUNT	002405031137	ICIC0000024
EQUIRUS SECURITIES PVT LTD-USCNB ACCOUNT	002405031139	ICIC0000024

NOTE: Investors are requested to note that Equirus Securities Private Limited is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Equirus Securities Private Limited is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stockbroker.”

RISK DISCLOSURES ON DERIVATIVES

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

As a business we don't give stock tips, and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be part of Equirus Securities Private Limited and offering such services, please send us an email to contact@equirus.com

Filing of complaints on SCORES - Easy and quick

Register on SCORES portal
Mandatory details for filing complaints on SCORES :
- Name, PAN, Address, Mobile Number, Email ID
Benefits:
- Effective communication
- Speedy redressal of the grievances

Smart ODR log in Click here

SEBI circular of ODR Click here

Initiation and the dispute resolution process

Any client shall first take up his/her/their grievance with Equirus on the mail id mentioned here in above.
If the grievance is not redressed satisfactorily, the client may escalate it through the escalation matrix of Equirus or in accordance with the SCORES guidelines, escalate the same through the SCORES Portal in accordance with the process laid out therein.
After exhausting all available options for resolution of the grievance, if the client is still not satisfied with the outcome, he/she/they can initiate dispute resolution through the ODR Portal.
Alternatively, the client can initiate dispute resolution through the ODR Portal if the grievance lodged with the Equirus was not satisfactorily resolved or at any stage of the subsequent escalations mentioned here in above.

1) Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. 2) Prevent Unauthorized 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 NSDL/CDSL on the same day. 3) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), 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 in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Issued in the interest of Investors. 5) Investment in securities market are subject to market risks. Read all the related documents carefully before investing. 6) Registration granted by SEBI and certification of NISM is no way guarantee performance of the intermediary or provide any assurance of returns to investors.