The MSME registration asks for the business activity by NIC code. For security and commodity contracts brokerage, that activity is 66120.
NIC code · National Industrial Classification 2008
66120 is the 5-digit NIC 2008 code for security and commodity contracts brokerage: a sub-class of class 6612, security and commodity contracts brokerage, within division 66, other financial activities. Search a code or activity below, or copy the code for your Udyam or SPICe+ form.
This code
Division 66Group 661Class 6612Sub-class 66120
Security and commodity contracts brokerage
Sub-class 66120 · Class 6612 · Group 661 · Division 66 · Section K, NIC 2008
The code
Where the code sits in the National Industrial Classification 2008, from section to sub-class, in the official wording.
661205 digits: 66 + 1 + 2 + 0NIC 2025 · Notice dated 16 October 2026
On 18 November 2025 the Ministry of Statistics and Programme Implementation released NIC 2025, which uses 6-digit codes aligned with the UN's ISIC Revision 5. This page shows the NIC 2008 code 66120. The matching NIC 2025 code will be added here once it is mapped from MoSPI's official concordance.
How to read it
An NIC code is built in layers. Each digit narrows the one before it: the division, the group, the class, and finally the 5-digit sub-class. Divisions themselves are grouped under lettered sections.
The broadest numbered layer. Division 66 covers other financial activities. It sits in section K, financial and insurance activities.
Activities auxiliary to financial service activities, except insurance and pension funding.
Security and commodity contracts brokerage. The official note for this class is quoted below.
Security and commodity contracts brokerage. The full 5-digit code you enter where a form asks for the business activity by NIC code.
What it covers
66120 is a sub-class of class 6612, security and commodity contracts brokerage. The NIC 2008 document explains the class in the note below, quoted exactly.
This class includes dealing in financial markets on behalf of others (e.g. stock broking) and related activities, securities brokerage, commodity contracts brokerage, activities of bureaux de change etc.
This class excludes:
- - dealing in markets on own account, see 6499
Where you use it
Two registration forms ask for the business activity by NIC code. This is where 66120 is entered.
The MSME registration asks for the business activity by NIC code. For security and commodity contracts brokerage, that activity is 66120.
The company incorporation form asks for the main industrial activity of the proposed company by NIC code.
Not GST. GST registration does not use NIC codes; goods and services there are classified by HSN and SAC codes.
Choosing the right code
66120 is for security and commodity contracts brokerage. The codes below sit closest to it in NIC 2008: other classes in group 661. Each has its own page with the official wording.
These belong to other classes in group 661, activities auxiliary to financial service activities, except insurance and pension funding. 66120 itself is in class 6612. Use the search above for any other code on this page.
Questions
Security and commodity contracts brokerage, in the National Industrial Classification 2008. It is a sub-class of class 6612, security and commodity contracts brokerage.
In Udyam Registration, which asks for the business activity by NIC code, and in the SPICe+ company incorporation form, which asks for the main industrial activity by NIC code. GST registration does not use NIC codes.
About this page
The section, division, group, class and sub-class on this page, and the explanatory note for class 6612, are taken word for word from the official document “National Industrial Classification (All Economic Activities) 2008”, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.
This is reference information on the classification of a business activity. It is not advice on which code your own business should declare, and the official NIC document prevails if the two ever differ. A change in the classification, including the MoSPI concordance to NIC 2025, re-opens this page for checking.
Not sure which code fits your activity, or spotted a mismatch? Use the WhatsApp button on this page and tell us what the business sells and how.