R K Global

R K Global Broker Overview

R K Global is the trading name of R K Global Shares & Securities Limited, a SEBI-registered Indian stockbroker and NSDL depository participant founded in 1995. Clients trade Indian shares, futures and options, and currency and commodity derivatives, and can apply for IPOs and mutual funds, on the firm's own Infinite platform.

The founder, Ramesh Kumar Bhagchandka, is managing director, and Raghav Bhagchandka is chief executive. The main website is www.rkglobal.net. The firm opens individual and joint accounts online and charges brokerage through three plans: a ₹999 monthly plan, a flat ₹9 plan and a percentage plan.

Is R K Global Regulated?

Yes. The Securities and Exchange Board of India (SEBI), India's securities market regulator, lists R K Global Shares & Securities Limited as a registered stockbroker under INZ000187132, as checked on its official register on 17 October 2026. SEBI also lists the company as a depository participant of NSDL, the National Securities Depository.

R K Global License INZ000187132

On 17 October 2026, SEBI's register of stock brokers showed R K GLOBAL SHARES & SECURITIES LIMITED under registration INZ000187132, with validity "Nov 22, 1995 - Perpetual". The registration appears in SEBI's lists for the equity, equity derivative, currency derivative, commodity derivative and debt segments. The exchanges named include the National Stock Exchange of India, the Bombay Stock Exchange, the Multi Commodity Exchange of India and the Metropolitan Stock Exchange.

SEBI's list of NSDL depository participants shows the company under registrations IN-DP-NSDL-203-2001 and IN-DP-241-2016. Both are valid from 17 April 2001, and the register shows them as "Perpetual".

The firm's website gives its corporate identity number (CIN) as U99999MH1995PTC174185. That is a company registration, not financial regulation.

Is R K Global Safe?

R K Global has been registered with SEBI since 1995. SEBI's own records also show that it fined the firm in 2024 over how it settled client funds.

In an adjudication order dated 8 November 2024, SEBI found that the firm had not settled client funds as SEBI's circulars require. The finding came from an inspection covering April 2022 to May 2023. According to SEBI:

• it did not settle active clients in 31 of 3,750 quarterly settlements checked
• it did not make one active-client settlement of ₹76.37 lakh
• it did not return the credit balances of inactive clients in 337 of 19,623 cases checked, worth ₹99.33 lakh in total

SEBI imposed a penalty of ₹3 lakh. The order also notes an earlier SEBI penalty on the firm, by an order dated 28 December 2017. SEBI's enforcement pages also list a notice of demand dated 21 January 2025 under recovery certificate 8574 of 2025. It is for ₹3.10 lakh, which is the 2024 penalty plus interest and recovery cost.

R K Global Spreads, Commissions and Fees

R K Global charges brokerage through three plans. Its pricing page sets them out as follows:

• ₹999 Per Month Plan: no brokerage on NSE and BSE equity cash trades, for a monthly maintenance charge of ₹999. Equity and commodity futures and options cost ₹9 per lot. Currency derivatives cost ₹0.99 per lot.
• Super 9 Plan: a flat ₹9 per executed order on equity cash trades and ₹9 per lot on equity and commodity futures and options. The pricing page shows no monthly charge.
• 2 Paisa 5 Paisa Plan: 0.02% of turnover on intraday trades and 0.05% on delivery trades (or ₹0.02 per share, if that is higher). Equity and commodity futures cost 0.005% of turnover and options ₹15 per lot.

Orders placed by phone through the Call & Trade desk cost ₹25 each on the first two plans and ₹5 on the 2 Paisa 5 Paisa Plan. Exchange, clearing and statutory charges are billed at actual cost. GST of 18% is added to brokerage and to all charges except STT, CTT and stamp duty. Opening the demat account is free under the firm's terms. Each demat debit instruction costs ₹12.50 per ISIN or 0.01% of the value delivered, whichever is higher.

R K Global Trading Platforms

The firm's own platform is Infinite by R K Global. It comes as a web app, a desktop program, and mobile apps for Android and iOS, and it is free on all three plans. The firm's terms say clients may trade only through Infinite or another official system that R K Global provides.

R K Global Deposits and Withdrawals

Clients fund their trading account by UPI or by NEFT or RTGS bank transfer to the firm's own accounts. Its bank details page lists the firm's accounts, all in the name of R K Global Shares & Securities Limited. The firm's investor notice says payments must go only to the broker's pool bank accounts, never to an individual, an unauthorised person or an associate of the broker.

Payouts go to the client's own bank account, and the firm asks clients to give the NEFT details of that account. Under the SEBI rule printed on its site, the broker must return an unused credit balance within three working days if the client has not traded in the last 30 calendar days. It must also settle a running account at least once every 90 days, or every 30 days if the client chooses that.

R K Global Support

The registered office is at 61, 6th Floor, Mittal Chambers, 228 Nariman Point, Mumbai 400021 (+91 22 4210 5555). The corporate office is at Flat No. 5, Sagar Apartment, 6 Tilak Marg, New Delhi 110001 (+91 11 4310 0999, care@rkglobal.in). The firm also lists offices in Ahmedabad, Bengaluru, Chennai, Jaipur, Kolkata and Salem.

Complaints go first to grievances@rkglobal.in or to the compliance officer, Sushil Kumar Dhancholia, at compliance@rkglobal.in. If a complaint is not resolved, the firm's site points clients to SEBI's SCORES portal, and then to the SMART ODR portal for online conciliation and arbitration.