Angel One Reports 22.5% Client Base Growth in October 2025 Update

Angel One Limited has reported a **22.5% year-over-year growth** in its client base for October 2025, now boasting a total of **34.57 million clients**. This increase comes despite a slight month-over

6 November 2025
5 min read

Angel One Limited has reported a 22.5% year-over-year growth in its client base for October 2025, now boasting a total of 34.57 million clients. This increase comes despite a slight month-over-month rise of 1.5% from September 2025's client count of 34.08 million. The company attributes this growth to steady client acquisition, although gross client acquisition saw a decline of 19.8% compared to the same month last year, indicating a more selective onboarding process.

In terms of trading activity, the average daily orders reached 6.69 million, marking a 15.3% increase from September 2025. However, this figure still reflects a 14.1% decline from October 2024's average, emphasizing the fluctuations in trading volume. The company's Average Daily Turnover (ADTO) based on notional turnover also showed significant improvement, with an overall ADTO of Rs. 59,294 billion, up 23.1% month-over-month and 22.4% year-over-year. Notably, the ADTO for commodity trading surged by 19.8%, reflecting a 200.8% increase from the previous year.

Despite these positive trends, Angel One's market share in the commodity sector decreased significantly, dropping 922 basis points to 55.1% from the previous month. This decline is attributed to a shift in trading composition towards bullion. The company has indicated plans to provide monthly updates on its performance metrics, underlining its commitment to transparency. Overall, Angel One's recent performance indicates a robust client growth trajectory, although challenges remain in maintaining market share in certain segments.