Abhinandan Stock Broking Sub Broker / Franchise / Authorised Person / Partner Review

Stocking up all the quality services in their house, and providing them to the clients who are in need of financial solutions is what Abhinandan Stock Broking does. They have developed a pretty good network of Abhinandan Stock Broking Sub Broker by offering top quality Abhinandan Stock Broking Franchise programs.

Summary
Top Business ModelSub Broker
Revenue Sharing50% – 65%
Security DepositRs.50,000 – Rs.150,000
Become Sub Broker in28 Days
Receive Payout in40 Days
FounderNirmal Kumar Kedia
Established Year2010

Such an opportunity to make business out of the well established company’s business model is barely provided. Since, the company invites individuals and entities to invest with them and emerge as a sub broker partner with them; you might want to explore the options in the first place.


Franchise Review


Abhinandan Stock Broking Franchise – Customer Ratings

Customers would be highly obliged if they are served with fabulous quality services, and will reflect on the rating. So is the same a classic phenomenon for the Abhinandan Stock Broking Sub Broker partnership, and rating do speak a lot of the company.

Customer Ratings
Experience2.3/5
Services2.4/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Offers2.4/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

The fact which goes by the table, about the Abhinandan Stock Broking Customer Rating is the company is presently pretty low in demand. The overall rating of 2.3 is somewhat quite low, portraying the rather average level of performance shown by the company to both the sub brokers and the clients.


Overview of Abhinandan Stock Broking Franchise / Sub Broker

This stock broking house is situated out of Kolkata, and has its headquarters in the city, from where the products and services, along with the management structures are designed. The Abhinandan Stock Broking Franchise is one of its lines of operations which is sorted out from the headquarters.

Abhinandan Stock Broking Overview
Company TypePrivate
Broker typeFull Service Broker
HeadquartersKolkata
FounderNirmal Kumar Kedia
Established Year2010
SB Code Activation Time28 Days
Payout Time40 Days

This full service stock broker was incorporated by Nirmal Kumar Kedia, in the year 2010. Since then, it has been all decked up, providing quality services to people across the country. As for its sub broker, the Sub Broker Code Activation Time rolled out by the company is 28 days whereas the Payout Time is said to be 40 days.


Become a Sub Broker with Abhinandan Stock Broking – Just Fill up the form

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  1. Become Sub Broker


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Abhinandan Stock Broking Sub Broker – Business Models

Of among the 4 well known business models of franchise, Abhinandan provides only two. Anyone can opt for one of the tow provided business models, if they have the means and interest to do so. After checking the eligibility criteria and the access to the same, a step further can be taken.

Business Models
Master FranchiseYes
Sub BrokerYes
RemisierNo
Referral ProgramNo

There are two of Abhinandan Stock Broking Sub Broker Business Models as also displayed in the table.


Abhinandan Stock Broking Master Franchise Model

Master franchise is basically a new line of operation altogether and the individual or entity taking it up will be imposed with the responsibility of regulating and taking care of all the franchise related activities in the specific territory they reside.

Abhinandan Stock Broking Sub Broker / Authorised Person Model

Sub broker is basically a smaller concept, where an entity can simply set up a pact with the broking house and offer to sell their products and services to their client base, and share a higher proportion of the profit resulting from all the clients.


Abhinandan Stock Broking Sub broker Commission / Revenue Sharing

This company provides two different business models for franchise as discussed above, and Abhinandan Stock Broking Franchise Revenue Sharing Model is different for both of them. The master franchise always provides greater revenue than a sub broker model.

Revenue Sharing
Master Franchise70% – 85%
Sub Broker50% – 65%
RemisierNA
Referral ProgramNA

Pin pointing the master franchise model, the franchisee will be able to earn a revenue of 70% – 85% from all the business deals they bring in. As for the sub broker, he may retain 50% – 65% of the money earned from the clients he managed to secure.


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Abhinandan Stock Broking Franchise Cost / Security Deposit

You capacity of deposit will determine your relationship with the franchiser. The relationship is not in terms of strength, but in terms of revenue sharing. Know the Abhinandan Stock Broking Franchise Cost and determine how much you can invest.

Security Deposit
Master FranchiseRs.200,000 – Rs.500,000
Sub BrokerRs.50,000 – Rs.150,000
RemisierNA
Referral ProgramNA

Company would ask for a security deposit of Rs.200,000 – Rs.500,000 for the master franchise model. The sub broker model requires a significant lower investment which ranges from Rs.50,000 – Rs.150,000. The amount you pay for the final would be dependent upon your and your capability, and would also determine your payment percentage.


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Abhinandan Stock Broking Partner Infrastructure Requirement

No sub broker scale of business can be undertaken without an infrastructure. So, there is a Abhinandan Stock Broking Infrastructure Requirement, and the company demands Minimum 200 Sq Ft.  It is mandatory to own such measured property.

Infrastructure Requirement
Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 2
Research ServicesYes
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesNo

There are these other requirements however, one of which is the manpower requirement of minimum 2 employees. Then comes, the requirement of research services in the office premises, alongside provision of trading terminals, for carrying out further activities.


Abhinandan Stock Broking Sub Broker Offers

Of all the offers a franchiser could offer to their franchisees, Abhinandan Stock Broking Sub Broker Offers is limited to only one form, we basically know of, already.

Offers
Zero DepositNo
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingNo
Zero Revenue Sharing with PrepaidNo

So, the company provides the offer of flexible revenue sharing for its sub brokers, where the profit sharing percentage can be chosen by themselves.


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Abhinandan Stock Broking Franchise Support

Support requirement is not must, but take someone a long way, rather than starting from the scratch. This is the same aim, being fulfilled by the company providing a great deal of Abhinandan Stock Broking Franchise Support to the sub brokers and master franchise owners.

Support
Marketing SupportYes
Back-Office SupportYes
Trading SupportYes
Advisory SupportYes
Dealing TrainingNo
Acquisition TrainingNo
Product TrainingNo

You will be availing for 4 kind of support alongside the franchise business model. Franchiser i.e. Abhinandan Stock Broking will take care of marketing, back office, training and advisory support. Being associated with the company, would not be a burden after all, where everything has to be done on own.


Abhinandan Stock Broking Authorised Person – Brokerage Charges to Clients

Keep going with your investment option being a client of the company. There is a definite Abhinandan Stock Broking Brokerage Charges levied on each of the investment option. Make sure you note down the charge percentage of the ones you wish to consider.

Brokerage Charges to Clients
Equity Delivery0.2% – 0.3%
Equity Intraday0.02% – 0.035%
Equity Futures0.02% – 0.035%
Equity OptionsRs.20 – Rs.30 per Lot
Currency Futures0.02% – 0.035%
Currency OptionsRs.15 – Rs.30 per Lot
Commodity0.02% – 0.035%

If you are considering one from Equity Intraday, Equity Futures, Currency Futures and Commodity as your investment you will be paying a brokerage of 0.02% – 0.035%. For the choice of Equity Delivery, you will have to pay 0.2% – 0.3%. The options have a charge of Rs.20 – Rs.30 per Lot for Equity and Rs.15 – Rs.30 per Lot for currency.


Abhinandan Stock Broking Partner – Account Opening Charges to Clients

Payment of Abhinandan Stock Broking Account Opening Charges is mandatory, as is for the other stock broking houses. For this particular house, the demand is of Rs.300, which is definitely of industry average standard, as a lot of houses charges up to Rs.700.

Account Opening Charges to Clients
Demat AMCPercentage of Transaction
Trading AMCRs.300 per Annum
Account Opening ChargesRs.300
Transaction Charges0.00265%
Margin MoneyMinimum Rs.10,000

Though not a perk, the opening charges is partially perk as a fee is imposed, contrary to the houses which impose none. Other charges include the AMC for both the demat and the trading account. Also, a minimum balance of Rs.10,000 is forever to be maintained. Lastly a transaction charges is as well collected from clients at 0.00265%.


Benefits of Abhinandan Stock Broking Partner Program

Check the box of benefits facilitation if you are the company’s client or the franchisee. You will be provided with not one, rather many benefits, some of which are pointed out below.

  • The transaction and brokerage charges are quite low, where the brokerage charges range based on the transactions performed.
  • Low amount of account opening charges are taken by the company, basically belonging to the average category as per the industry standards.
  • Quite a remarkable support system is provided to the franchisee, to help them carry out the business.
  • Revenue sharing model is as well flexible and would depend upon the franchisees.

Become a Sub Broker with Abhinandan Stock Broking – Just Fill up the form

Become a Sub Broker
  1. Become Sub Broker


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