Skip to content

Built on Experience. Driven by Discipline.

A SEBI-registered stock broking firm with over three decades of experience serving institutional and individual market participants across equity, derivatives and debt.

Established in 1994NSE & BSE MemberSEBI-Registered Research EntityNSDL Depository ParticipantAMFI-Registered MFD100+ Years of Collective ExperienceClean Regulatory Record

Our Story

Navigating evolving market landscapes with clarity and continuity

Established in the early 1990s as an institutional broking and arbitrage-focused firm, Elbee Securities has grown through some of India's most defining market cycles while retaining its core focus on discipline, independence and long-term relationships.

With more than three decades of experience serving institutions and individual investors, we bring together deep market knowledge, disciplined execution, independent research and institutional-grade infrastructure. Our approach combines the judgement of a long-established capital markets house with the responsiveness of a focused, owner-led team.

More than 100 years of collective team experience shape how we read markets, manage risk and serve clients — with integrity, transparency and compliance consciousness at the core of everything we do.

In 1997, our founder, Manoj Kumar Agarwal, was appointed the youngest Director of the Calcutta Stock Exchange — an early marker of the firm's standing in India's capital market ecosystem.

Our wealth solutions division complements our institutional business, giving us a broader perspective across investors, products and market participants.

Milestones

A legacy shaped by market evolution

  1. 1991

    Manoj Kumar Agarwal, a member of the Calcutta Stock Exchange, began the firm's journey as a proprietorship

  2. 1994

    The proprietorship was incorporated as a private limited company under the name Elbee Securities Private Limited

  3. 1995

    We onboarded our first institutional client

  4. 2000

    We became a member of the National Stock Exchange

  5. 2006

    We launched our Wealth division, expanding our client service capabilities beyond broking

  6. 2010

    We became a member of the Bombay Stock Exchange and a Depository Participant with NSDL

  7. 2018

    We adopted algorithmic trading, further enhancing our trading and execution infrastructure

Leadership

Manoj Kumar Agarwal

Director & CEO

  • Chartered Accountant
  • Former Director, Calcutta Stock Exchange
  • 38+ years in capital markets

Manish Agarwal

Director & Compliance Officer

  • Chartered Financial Analyst
  • 33+ years in capital markets

Harsh Agarwal

Vice President

  • PGDM, IIM Calcutta
  • Ex-Bain & Company
  • 8+ years in capital markets

Kanupriya Agarwal

Vice President

  • MBA, NMIMS Mumbai
  • Ex-IIFL Wealth, Nomura
  • 8+ years in capital markets

Partner with a firm that brings continuity and trust to every relationship.

Talk to our team about institutional coverage, broking or wealth solutions.