We've got you covered
We are here to guide you in making tough decisions with your hard earned money. Drop us your details and we will reach you for a free one on one discussion with our experts.
or
Call us on: +917410000494
This article will provide a detailed demonstration of how the Shri Parasram Holdings Franchise works.
This will allow you to see the whole partnership structure, their enrollment process, the cost of investing with them, their infrastructure requirements, and their Revenue sharing model.
It will conclude by describing the entire Shriram Parasram Holdings sub broker program so that you can make a decision about whether to join them or another broking house.
| Shri Parasram Holdings Highlight | |
| Top Business Model | Sub Broker |
| Minimum Initial Investment | Rs.50,000-Rs.200,000 |
| Revenue sharing | 60% - 80% |
| Payout Time | 25 Days |
| Time to activate the SB Code | 34 Days |
Shri Parasram Holdings, a legendary and experienced Broking House with a 25-year history, is very well-known. This company was founded by Mr. Anshu Aggarwal in 1994 and is headquartered at New Delhi.
It's a private full service broker and has grown rapidly since its inception. It has been a highly successful company because of its agility and customer-centric approach.
Many businessmen sign up for the Shri Parasram Holdings sub broker program every year.
All you have to do to get into Shri Parasram Holdings Franchise is apply online. If you are eligible, you can start your agency in less than a month.
| Shri Parasram Holdings Business Partners Overview | |
| This is an overview of Shri Parasram Holdings' Franchise | |
| Which type of company is it? Public/Private | Private |
| What type of broker is it? | Full Service Broker |
| Is the Headquarter in which location? | New Delhi |
| Who is the founder? | Anshu Aggarwal |
| What year was it established? | 1994 |
| time taken to activate the SB Code? | 34 Days |
| What is the time it takes to get paid? | 25 Days |
Shri Parasram Holdings Franchise Program is a simplified way for the company to get its partnership moving. The Shri Parasram Holdings Sub Broker Model is their only business model.
This framework gives the Sub Broker full authority to trade on behalf of customers.
Sub-brokers have access to trading portals and terminals of the company and can facilitate any type of trade with end-users who use the same. The sub-broker needs to obtain a license from company.
| Shri Parasram Holdings Franchise Models | |
| Learn about the different Business Models of Shri Parasram Holdings | |
| Is there a Sub Broker model? | Yes |
| Are they able to refer people? | No |
| Master Franchise Models? | No |
| Provide Remisier model? | No |
They recognize the importance of sub brokers in their business, and acknowledge that their success is due to their sub brokers.
The Shri Parasram Holdings Sub Broker Commission, which they receive, is at par with industry standards and in the best interests of their partners.
Shri Parasram Holdings franchise revenue share is 60%-80% of the revenue generated from the Sub Broker.
The amount of business you provide to the company also affects the difference. A higher share percentage can be expected if your business contributes more.
| Shri Parasram Holdings Shared Revenue | |
| Get the details of its Sub Broker Commission | |
| Revenue sharing? | 60% - 80% |
| Are they willing to pay for referrals? | NA |
| Revenue sharing? | NA |
| Revenue sharing required for the Partner/Remisier model? | NA |
The company does not believe in placing too much burden on their partners, hence Shri Parasram Holdings Franchise cost is very low.
They have Rs. They have kept Rs. The company would again see the potential of the Partner in providing and maintaining the business.
A partnership would be set up by an amateur with no financial background or establishment. They would likely charge a higher security deposit because they would need to protect themselves as an organisation.
| Shri Parasram Holdings Security Deposit | |
| See the Shri Parasram Holdings franchise cost requirements for each business model | |
| Minimum security deposit? | Rs.50,000-Rs.200,000 |
| Referral Program: Is there a security deposit? | NA |
| Minimum investment? | NA |
| Deposit required? | NA |
Shri Parasram Holdings offers various programs and incentives to their Partners at regular intervals. Some offers are available all year.
They include Flexible Revenue Sharing Model and 10K Initial Deposit. These are just a few of the Shri Parasram Holdings franchise offers.
They don't offer flat revenue sharing, Zero Revenue Sharing with Prepaid, or the Zero Deposit Scheme. Sub Brokers must invest money to get started.
| Shri Parasram Holdings Sub Broker offers | |
| This is the list of Shri Parasram Holdings franchise offers for clients | |
| Are they able to offer flexible revenue sharing? | Yes |
| Do they offer Flat Revenue Sharing? | No |
| zero revenue sharing model and prepaid payments? | No |
| Are they offering a Zero Deposit Scheme? | No |
| Do they offer a 10k Initial Deposit Scheme? | Yes |
You can expect a lot from Shri Parasram Holdings Franchise Support as a partner.
They spend a lot of energy and time training their business partners. Therefore, the company does all the product training, acquisition training, and dealing training.
You can expect to receive end-to-end support from the Shri Parasram Holdings team as well as trading-related support as part of your Shri Parasram Holdings partner support.
They do not offer any marketing support or advisory support to their partners.
| Shri Parasram Holdings Business Partners Support | |
| These are the Support Shri Parasram Holdings Franchises need to offer to their clients | |
| Offer Acquisition Training to their Associates? | Yes |
| Provide training for dealers of sub-brokers? | Yes |
| Product Training to their business partners? | Yes |
| Back-office support for the authorized person? | Yes |
| Trading support to their business partners | Yes |
| Do they share Advisory Support? | No |
| Any marketing support provided? | No |
Shri Parasram Holdings partner requirement in respect to the infrastructure is also very practical and conventional.
They have no unreasonable expectations of their partners in maintaining high infrastructure standards.
The company requires that you maintain a small office space (approx 250 square feet) for your business with at least 3 employees.
They expect basic requirements such as telephone lines, internet connection, and access to trading terminals in their office.
| Shri Parasram Holdings Partner Infrastructure Requirement | |
| Learn the Infra to get a Shri Parasram Holdings franchise | |
| What qualifications are the employees required to open this franchise? | Minimum 3 |
| Sub Broker need to provide trading terminals? | Yes |
| Do I need a Is it necessary for the Sub Broker to provide trading terminals?franchise through the Internet Connection? | Yes |
| Is it required that business partners have telephone lines? | Yes |
| Is it required to offer Research Services through Sub Broker? | No |
| size of office required? | Minimum 250 Sq Ft |
They are just like any other broker.
You must be a graduate with a relevant qualification. An added advantage would be basic financial experience.
This could be very beneficial if you have a Stockbroking business or work with one.
You will also need a SEBI Certificate. These are the Shri Parasram Holdings Franchise Eligibility requirements that you should keep in mind when applying to become a Sub broker.
Shri Parasram Holdings' partner charges are also the lowest in the industry.
Your customers will only be charged 0.02% to 0.04% for Equity Intraday, Equity Futures, and Currency Futures.
They charge 0.2% to 0.4% for Equity Delivery. Options are charged per lot. For Equity Options, they charge Rs. They charge Rs. 30-50 per lot, regardless of trade value. Currency Options are charged at Rs. 20-30 per lot.
You can attract more customers by comparing the Shri Parasram Holdings Authorized person Charges to other stock brokers.
| Shri Parasram Holdings Sub-Broker - Brokerage Fees to Clients | |
| These are the brokerage fees that Shri Parasram Holdings Sub Broker charges their clients | |
| What are Equity Intraday Charges? | 0.02% - 0.04 |
| What are the Equity Delivery fees? | 0.2% - 1.4% |
| What is the charge for Equity Options? | Rs.30 - Rs.50 per Lot |
| What are the Currency Options fees? | Rs.20 - Rs.30 per Lot |
| What are Equity Futures fees? | 0.02% - 0.04 |
| What are the charges for Currency Futures? | 0.02% - 0.04 |
| What are the charges for commodity trading? | 0.02% - 0.04 |
Shri Parasram Holdings charges very little for account opening. Clients will be subject to the Shri Parasram Holdings Franchise Fees.
Demat account opening is free. Trading accounts require Rs. 200 towards account opening fees. Your customers will have to pay an AMC fee of Rs. 250 per annum
They have a Zero-Margin Money requirement. A transaction fee of 0.003% will be assessed based on the overall trade value.
You can now see that your clients will only be charged the Shri Parasram Holdings sub broker charges and no additional fees.
| Shri Parasram Holdings Franchise-Account Opening Charges for Clients | |
| These are the account opening fees levied to Shri Parasram Holdings Franchise clients | |
| What are the account opening charges? | Rs. 200 |
| What is the Margin Money? | Zero Margin |
| What is the Demat AMC charge? | Rs.250 per Annum |
| How much do Trading AMC fees cost? | No cost |
| What are the Transaction Charges? | 0.003% of Total Revenue |
The Shri Parasram Holdings sub broker review and the customer ratings can help you make an informed decision. Overall, the company received a rating of 3.3 out of 5 points.
The Revenue Sharing model and Customer Experience receives a rating of 3.4 over 5 points. The security deposit amount earns a rating of 3.1.
Their Mobile trading platforms and offers get a 3.2 rating, which is higher than 5. The overall rating of Shri Parasram Holdings franchise Rating is 3.2.
| Shri Parasram Holdings Franchise Customer Ratings | |
| Client Ratings and Reviews against multiple parameters for Shri Parasram Holdings | |
| Based on the Revenue Sharing Model of Franchisor | 3.4 / 5. |
| Ratings based on the security deposit provided by the company | 3.1 / 5. |
| Based on Experience in the Sub-Broker Business | 3.4 / 5. |
| According to the Broking Franchise Offers | 3.2 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 3.2 / 5. |
| Sub-Broker Franchise Ratings | 3.3 / 5 |
| Star Ratings |
Shri Parasram Holdings, a seasoned Stockbroking company, has worked hard to ensure their customers' stability and retention.
This company will be a great choice for starting a partnership. If you're looking to start your own stock brokerage agency, the Shri Parasram Holdings franchise is an excellent business choice.
Open a demat account through us and get the account opening charges waived off
open paperless account
