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.
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
- 1991
Manoj Kumar Agarwal, a member of the Calcutta Stock Exchange, began the firm's journey as a proprietorship
- 1994
The proprietorship was incorporated as a private limited company under the name Elbee Securities Private Limited
- 1995
We onboarded our first institutional client
- 2000
We became a member of the National Stock Exchange
- 2006
We launched our Wealth division, expanding our client service capabilities beyond broking
- 2010
We became a member of the Bombay Stock Exchange and a Depository Participant with NSDL
- 2018
We adopted algorithmic trading, further enhancing our trading and execution infrastructure
What We Do
Institutional Desk
Dealing, execution and independent research support for institutions and professional market participants.
Learn moreBroking Services
Market access across equity, derivatives and debt, supported by experienced dealers.
Learn moreWealth Solutions
Research-backed investment support for individuals, family offices and corporates.
Learn moreProprietary Trading
Arbitrage strategies executed through algos and tested across market cycles.
Learn moreLeadership
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.
