The CEO of Zerodha Nithin Kamath explained: The company does not need public markets to finance its ambitions.
“We have enough money to do everything we want to do,” Kathath quoted him in an interview with Sherine Behan from the CNBC-TV18 from Monaco, as he is the final of the Ey World Entrepreneur Award for 2025.
He added: “It is difficult to include it in the stock exchanges for a company like us,” as it has already closed any speculation about the public subscription in the near future.
Although a 10-20 % decrease in brokerage works in its zerds is expected this year due to poor market activity, Kahath aims to achieve revenue of 10,000 rupees by the 26th fiscal year. It also excluded any changes to mediation rates, and adhere to the low-cost platform model.
In a large -scale conversation, Kamath again confirmed his long -term vision to convert Zerodha into a set of fully spectrum financial services, with aspirations that include entering the banking sector.
He said: “We do not give up our banking ambition,” equal to the company’s intention to overcome mediation.
Zerodha, the largest mediation in India by active clients, communicates to expand its products while resisting investor and market pressure to raise the capital or the list. It provides a strong set of tools including KITE for trading, control unit for auditing, investment currency in investment funds, and Sensibull options trading. For retail investors, it is still among the most cost -effective platforms, with account opening fees of $ 200, and annual maintenance fees ranging from 0 to $ 300 based on holdings.
Kamath’s position refers to the constant focus on independence, discipline and long-term control-a philosophy that has served Zerodha well since its inception. ))
https://akm-img-a-in.tosshub.com/businesstoday/images/story/202506/6840783cacba4-we-are-not-giving-up-on-our-banking-licence-ambition–he-said–underlining-the-companys-intent-to-044542812-16×9.jpeg
Source link