Prudent Broking Franchise is a well-known Sub broker franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
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Brand Summary |
Line of Business |
Sub Broker |
Unit / Shop Area |
150 – 200 Sq. Ft. |
Commission% / Revenue Sharing |
65% to 80% |
Total Investment |
Zero – Rs.35,000 |
ROI Timeframe |
3 – 6 Month |
What do you know about Prudent Broking Sub Broker?
About the Brand |
Industry |
Finance & Money |
Business Line |
Sub Broker |
Organization Type |
Private |
Head Office |
Ahmedabad |
Founder |
Ajit Singh Dhingra’s |
Founded In (year) |
2004 |
No. of Franchise Outlets |
100+ |
Master Franchise Model |
Not Available |
Franchise Tenure |
Lifetime |
Franchise Location |
All over India |
Business Set-Up Time |
15 days |
Franchise Commencement Year |
2004 |
How many types of Prudent Broking Franchise Models available?
Business Models |
Sub Broker |
65% – 75% |
Partner |
Flat 50% + Rs.100 per new Client |
Refer and Earn |
Rs.250 per new Client |
What is the Prudent Broking Franchise Cost?
Investment by Franchisee |
Sub Broker – Franchise Fee |
Rs.10,000 – Rs.15,000 |
Partner – Franchise Fee |
Free |
Infrastructure Investment |
Zero – Rs.20,000 |
How much is Prudent Broking Sub Broker Commission?
Commission% / Revenue Sharing |
Sub Broker Commission |
65% to 80% |
Prudent Broking Commission |
|
Partner Commission |
Flat 50% + Rs.100 per new Client
|
Prudent Broking Commission |
|
Referral Commission |
|
Prudent Broking Commission |
|
How much you can earn from Prudent Broking Sub Brokership?
Monthly Revenue |
No. of Active Clients |
210 |
Daily Trades per Clients |
1 |
Avg. Volume per Trade |
2,20,000 |
Brokerage per Trade |
0.14% |
Trading Days in 1 Month |
2 |
Total Brokerage Revenue |
1,29,360 |
Sub Broker’s Share (75%) |
97,020 |
Monthly Expenses |
Office Rent (Co-working Space) |
12,000 |
1 Telecaller Cost |
13,000 |
1 Dealer Cost |
15,000 |
Misc. Expenses |
3,000 |
Total Cost |
43,000 |
Monthly Profit |
(Revenue – Expenses) |
54,020 |
Profit Margin |
42% |
How much you can earn from Prudent Broking Partner Program?
Monthly Revenue |
No. of Active Clients |
210 |
Daily Trades per Clients |
1 |
Avg. Volume per Trade |
2,20,000 |
Brokerage per Trade |
0.14% |
Trading Days in 1 Month |
2 |
Total Brokerage Revenue |
1,29,360 |
Sub Broker’s Share (50%) |
64,680 |
Monthly Expenses |
1 Telecaller Cost |
13,000 |
Misc. Expenses |
3,000 |
Total Cost |
16,000 |
Monthly Profit |
(Revenue – Expenses) |
48,680 |
Profit Margin |
38% |
How much time does it take for Prudent Broking Franchise to breakeven?
ROI Timeframe / Breakeven Time |
In Years |
3 – 6 Month |
Where is Prudent Broking Franchise Dashboard Login Link?
Where is Bonanza Portfolio Franchise Dashboard Login Link?
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What is the Prudent Broking Franchise Infrastructure requirement?
Infrastructure Required |
Shop / Unit Area |
150 – 200 Sq. Ft. |
Employee Strength |
1 to 2 |
Research / Advisory |
Optional |
Trading Terminals Set-up |
Optional |
Telephone Lines |
Optional |
Computer / Internet Connectivity |
Compulsory |
Airconditioner |
Optional |
CCTV Set-up |
Compulsory |
What is the extent of Support provided by Prudent Broking Partner?
Support from Brand |
Service Pricing |
Available |
Offers |
Available |
Client Interaction Training |
Occasionally Available |
Relationship Manager Support |
Available |
Back-Office Support |
Available |
Trading Support |
Available |
Advisory Support |
Available – Paid |
Marketing Support |
Partially Available |
Business Management Software |
Not Available |
Website Support |
Not Available |
Operation Manual |
Available |
Training Manual |
Available |
What kind of Marketing Support is provided by Prudent Broking Franchise?
Marketing Support by Brand |
Unit Interior & Exterior Ads |
Available |
Local Advertisement |
Available |
Digital Marketing |
Not Available |
Television Advertisement |
Not Available |
Prints Advertisement |
Not Available |
Events/Seminars |
Not Available |
Does Prudent Broking Sub Broker provide training?
Training by Brand |
Product Information Training |
Provided |
Dealers Training |
Provided |
Service Training |
Provided |
What are the Products & Services provided to Prudent Broking Sub Brokers?
Products / Service Offerings |
Equity Trading |
Available |
Commodity Trading |
NA |
Currency Trading |
NA |
Options |
Available |
Futures |
Available |
Mutual Funds |
NA |
Banking |
NA |
Insurance |
Available |
Demat Services |
Available |
3 in 1 Acount |
NA |
IPO Services |
Available |
Stock Recommendations |
NA |
Robo Advisory |
NA |
PMS |
NA |
Exposure or Limit |
Available |
Mobile App |
Available |
Web Trading Platform |
NA |
Trading Terminal |
Available |
Algo Trading Platform |
NA |
Basket Trading |
NA |
What is the Brokerage offered to Prudent Broking Partners?
Brokerage Charges |
Intraday |
0.03% |
Delivery |
0.30% |
Equity Options |
Rs.20 Per lot |
Equity Futures |
0.03% |
Commodity |
0.03% |
Currency options |
NA |
Currency Futures |
NA |
What is the Eligibility Criteria to start Prudent Broking Franchise?
Franchisee Qualification |
Age Limit |
21 years & above |
Business Experience |
Optional |
Academic Qualification |
No Restriction |
Which documents are required to become Prudent Broking Sub Broker?
Documents Required |
Franchise Agreement |
Required |
Proprietor Aadhaar Copy |
Required |
Proprietor Photo |
Required |
Proprietor / Business PAN Copy |
Required |
Business TAN Copy |
Required |
GST Registration Certificate |
Required |
Proprietor / Business Address Proof |
Required |
Unit / Shop Address Proof |
Required |
NOC of Unit / Shop |
Required |
Is Prudent Broking Franchise good for you?
Franchise Ratings |
Revenue Sharing |
7.52 / 10 |
Franchise Fee & Infra Investment |
7.32 / 10 |
Support & Training |
7.58 / 10 |
ROI Timeframe |
7.24 / 10 |
Brand Value |
7.36 / 10 |
Overall Ratings |
7.40 / 10 |
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