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Know everything about Prabhudas Lilladher Franchise Business Opportunity here.

Prabhudas Lilladher is recognized as one of the pre-eminent brokerage houses in the Indian financial market.

The firm’s robust database and innovative investment ideas surpass several other corporate houses.

If you strive to earn lucrative revenue, some great options are to become Prabhudas Lilladher Partner, sub-brokers, and referral agent.

This article will let you know everything about Prabhudas Lilladher Sub Brokers.

Check out some vital details like business model, revenue sharing percentage, infrastructure requirement, support facilities, and more.

Prabhudas Lilladher Franchise Business Opportunity - Snapshot

Line of Business

Sub Broker

Unit / Shop Area

200 - 300 Sq. Ft.

Commission% / Revenue Sharing

60% - 70%

Total Investment

Rs.10,000 - Rs.100,000

ROI Timeframe

2 Month

PLIndia Sub Broker or Franchise Review & Ratings

Revenue Sharing

3.84 / 5

Franchise Fee & Infra Investment

3.79 / 5

Support & Training

3.68 / 5

ROI Timeframe

3.73 / 5

Brand Value

3.71 / 5

Overll Ratings

3.75 / 5

Star Ratings


Overview of Prabhudas Lilladher Sub Broker Franchise

Industry

Finance & Money

Line of Business

Sub Broker

Organization Type

Private

Head Office

Mumbai

Founder

Arun Prabhudas Sheth

Founded In (year)

1944

No. of Franchise Outlets

1000+

Master Franchise Model

Available

Franchise Tenure

Lifetime

Franchise Location

All over India

Business Set-Up Time

5 Days

Franchise Commencement Year

1944

A renowned full-service brokerage house in India, Prabhudas Lilladher was incorporated in 1944. Arun Prabhudas Sheth came up with the idea of this privately owned firm.

Under his guidance, the franchise has been running strong for many decades. Headquartered in Mumbai, more than 1000 franchise outlets are located all over India.

With a long, proud heritage of over 75 years, the company offers a wide range of products and services.

These include trading Demat accounts, mutual funds, AIF, PMS, loans, and other products to business partners and investors.

The franchise covers approximately 185 stocks in both mid-caps and large-caps. You can opt for three business models – Prabhudas Lilladher Sub Broker, Partners, and referral agent.

Moreover, generating a sub-broker code takes around 30 days and 21 days for pay-out. With an overall rating of 3.75, undoubtedly, the company is popular among sub-brokers.


Prabhudas Lilladher Franchise – Business Models

Here are the business models of Prabhudas Lilladher Sub Brokers.

Business Models Revenue Sharing
Sub Broker 60% – 75% & Rs.250 per Client
Partner 40% – 50% & Rs.250 per Client
Refer and Earn Rs.500 Amazon Voucher per Client

Prabhudas Lilladher Sub Broker Model

Under the sub-broker business model, the firm offers a sub-brokership to individuals and enterprises. In return, sub-brokers must build or expand the company’s client base.

As a sub-broker, you can pitch Prabhudas Lilladher’s products and services to clients based on their needs and demands.

And you can earn revenue by converting prospective clients into end customers. Your job doesn’t end with client acquisition and activation.

Stay in constant touch with clients to understand their business needs and help them trade.

Prabhudas Lilladher Sub Broker is a profitable career as you can access all financial products and services under a single roof.

Moreover, the franchise helps you connect with your clients 24×7; many Indian brokerage houses do not offer that.

Prabhudas Lilladher Partner Model

A business partner model is similar to a sub-broker model but with slightly different responsibilities.

Prabhudas Lilladher Partner will have much lesser responsibilities than an authorized person. The most attractive feature of this business model is that partners need not set up an office.

As a partner, you have to pitch prospective clients and convert them into customers. Prabhudas Lilladher completes the remaining tasks, i.e., account activation and trading assistance.

Moreover, you will be authorized to offer the company’s all products and services to the clients.

Prabhudas Lilladher Referral Program

Prabhudas Lilladher Refer and Earn is another business model that involves limited responsibilities.

As the name suggests, the referral agent’s role is only to share the prime broker’s referral link with prospective clients.

Referral agents are entitled to a commission if they revert back and open a trading account with the prime broker.

In short, you just have to provide new clients to the company, and in return, you can earn a voucher or commission.

The main broker completes all remaining work. Prabhudas Lilladher offers Rs.500 Amazon vouchers per client to their referral agents.

PLIndia Franchise Investment & Fees

Sub Broker Franchise Fee

Rs.25,000 - Rs.50,000

Partner Fees

Rs.50,000

Infrastructure Investment

Rs.20,000 - Rs.75,000

Prabhudas Lilladher Franchise Cost is different for sub-brokers and partners. Being one of the oldest franchises, it charges a relatively higher cost to someone looking forward to investing in it.

As a sub-broker, you are required to deposit at least Rs.25,000 with the main broker. And maximum franchise cost can reach Rs.50,000.

However, this security deposit amount is refunded when you terminate the agreement with Prabhudas Lilladher.

A partner or Remisier is required to deposit Rs.50,000 as a franchise fee. Furthermore, you have to bear the infrastructure expenses, including running the office and other administrative costs.

The infrastructure investment amount for business partners falls between Rs.20,000 and Rs.75,000.

Prabhudas Lilladher Sub Broker Commission / Revenue Sharing / Royalty

Sub Broker Commission

60% - 75% & Rs.250 per Client

Stock Broker Commission

25% - 40%

Partner Commission

40% - 50% & Rs.250 per Client

Stock Broker Commission

50% - 60%

Referral Commission

Rs.500 Amazon Voucher per Client

Stock Broker Commission

100%

Sub-brokers / Authorized Persons: Prabhudas Lillader franchise is the top-most choice for the sub-brokers due to its revenue sharing percentage.

The firm allows its sub-brokers to earn 60% to 70% of the commission on getting each new client. In addition to this commission, you can also make an extra Rs.250 per client.

Remember that the commission percentage is directly proportional to the security deposit. You can earn at least 60% of the commission by depositing a minimum amount.

And higher security deposit amount will let you make a maximum of 75% of the commission.

Partners: The share of Prabhudas Lilladher Partner Commission is 40% to 50%. Moreover, you are paid an additional Rs.250 for getting each new client.

All you need to do is get new clients to the franchise, and you can generate enough revenue. You can earn a maximum of 50% commission by getting more clients.

PLIndia Business Partner ROI Details

In Months

2 Month

Two factors – business model and security deposit amount – affect the Prabhudas Lilladher business partner ROI.

The returns of sub-brokers are relatively higher than those of partners. It is because sub-brokers are mandated to pay infrastructure costs.

In addition, the sub-brokers have more responsibilities than partners. The break-even period that a sub-broker can expect lasts for 2 months.

Prabhudas Lilladher Sub Broker Returns can grow after this period. Your revenue will elevate with the number of clients you provide to the company.


Prabhudas Lilladher Sub Broker Profits & Revenues

Monthly Revenue
No. of Active Clients 250
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.25%
Trading Days in 1 Month 1
Total Brokerage Revenue 1,56,250
Sub Broker’s Share (75%) 1,17,188
Monthly Expenses
Office Rent (Co-working Space) 15,000
1 Telecaller Cost 15,000
1 Dealer Cost 18,000
Misc. Expenses 5,000
Total Cost 53,000
Monthly Profit
(Revenue – Expenses) 64,188
Profit Margin 41%

Prabhudas Lilladher Sub Broker Profits are determined based on the franchise’s 250 active clients. It uses the below-stated formula to calculate the total brokerage revenue:

Number of Active Clients x Daily Trades per Client x Average Volume per Trade x Brokerage per Trade x Trading Days in 1 Month.

After applying this formula, the company’s total brokerage revenue is determined as Rs.1,56,250 (250*1*2,50,000*0.25%*1).

The sub-broker is given a 70% share in Prabhudas Lilladher’s total revenue. The sub-broker’s total revenue and total cost are Rs.1,17,188 and Rs.53,000, respectively.

Hence, the monthly profit of the sub-broker is Rs.64,188, with a profit margin of 41%.


Prabhudas Lilladher Partner Profits & Revenues

Monthly Revenue
No. of Active Clients 250
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.25%
Trading Days in 1 Month 1
Total Brokerage Revenue 1,56,250
Partner’s Share 78,125
Monthly Expenses
1 Telecaller Cost 15,000
Misc. Expenses 5,000
Total Cost 20,000
Monthly Profit
(Revenue – Expenses) 58,125
Profit Margin 37%

Prabhudas Lilladher Partner Profits are determined based on the franchise’s 250 active clients. It uses the below-stated formula to calculate the total brokerage revenue:

Number of Active Clients x Daily Trades per Client x Average Volume per Trade x Brokerage per Trade x Trading Days in 1 Month.

After applying this formula, the company’s total brokerage revenue is determined as Rs.1,56,250 (250*1*2,50,000*0.25%*1).

The partner is given a 50% share in Prabhudas Lilladher’s total revenue. The partner’s total revenue and total cost are Rs.78,125 and Rs.20,000, respectively.

Hence, the monthly profit of the partner is Rs.58,125, with a profit margin of 37%.

Master Franchise of Prabhudas Lilladher - Information

Franchise Fee

Rs.100,000 - Rs.300,000

Infrastructure Investment

Rs.20,000 - Rs.100,000

Commission% / Revenue Sharing

80% to 90%

Prabhudas Lilladher Franchise Infrastructure Requirement

Shop / Unit Area

200 - 300 Sq. Ft.

Employee Strength

Minimum 2

Research / Advisory

Optional

Trading Terminals Set-up

Compulsory

Telephone Lines

Compulsory

Computer / Internet Connectivity

Compulsory

Airconditioner

Optional

CCTV Set-up

Optional

A sub-broker usually has to set up an office when working with the main broker.

If you are considering establishing business with Prabhudas Lilladher Franchise, you will have to fulfill the firm’s infrastructure requirements.

These points highlight the infrastructure requirements of the Prabhudas Lilladher franchise:

  • The franchise dictates that the sub-broker must set up an office with at least 200 sq. ft. area. You can increase the area up to 300 sq. ft.
  • You must work with at least two employees. There is no limit on the maximum number of employees.
  • You can’t run an office without installing a computer and having high-speed internet connectivity.
  • Trading terminals set-up and telephone lines are compulsory for running the business smoothly.
  • Other than that, research or advisory department, CCTV set-up, and installing an air conditioner are optional.

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Support Provided by Prabhudas Lilladher Partner Program

Service Pricing

Available

Offers

Available

Client Interaction Training

Partially Available

Relationship Manager Support

Not Available

Back-Office Support

Available

Trading Support

Available

Advisory Support

Available

Marketing Support

Partially Available

Business Management Software

Available

Website Support

Not Available

Operation Manual

Available

Training Manual

Available

The Prabhudas Lilladher Sub Broker can access the support facilities after registering with the company.

The franchise is famous for rolling out multiple support facilities. Some of these are:

  • Back-Office Support
  • Trading Support
  • Advisory Support
  • Client Interaction Training and Marketing Support are available occasionally.
  • Operation Manual, Training Manual, and Business Management Software support facilities help sub-brokers possess the necessary skills to run the office successfully.
  • Sub-brokers are also offered Service Pricing support and lucrative Offers to convert potential clients into end customers.

Prabhudas Lilladher franchise believes in offering top notch support services to business partners and clients to attract them.

With these facilities, you are more likely to increase your client base.

Franchise of Prabhudas Lilladher - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available

Events/Seminars

Not Available

No matter what products and services a brokerage house provides, you can only sell them once your target customers are aware of them.

And the best way to promote your brand, products, and services is by marketing the business. Revenue generation is directly dependent on the effectiveness of the marketing campaign.

As a Prabhudas Lilladher Authorized Person, you can leverage the following given marketing support facilities:

  • Prabhudas Lilladher franchise marketing support enables sub-brokers to place ads inside and outside their office.
  • Local advertisement marketing support aids sub-brokers in promoting their business locally.

Training provided by PLIndia Sub Brokership

Product Information Training

Provided

Dealers Training

Provided

Service Training

Provided

Relevant training is crucial to possess the knowledge and skills required for seamless business operations.

Prabhudas Lilladher Affiliate Partner can enroll for product information, dealers, and service training:

  • Product Information Training: Now that the Prabhudas Lilladher franchise offers several products, knowing the features and perks of each can help sub-brokers curate a perfect sales pitch.
  • Dealers Training: The dealer training program equips the sub-brokers with every vital detail to become proficient dealers. You will learn how to deal with clients and effectively trade in the stock market.
  • Service Training: Service training will help you know what services you can offer your clients. In addition, you will learn different ways and techniques to deliver top-notch financial services.

Prabhudas Lilladher Authorised Person - Products Offered

Equity Trading

Available

Commodity Trading

Available

Currency Trading

Available

Options

Available

Futures

Available

Mutual Funds

Available

Banking

NA

Insurance

Available

Demat Services

Available

3 in 1 Acount

NA

IPO Services

Available

Stock Recommendations

Available

Robo Advisory

NA

PMS

Available

Exposure or Limit

Available

Mobile App

Available

Web Trading Platform

Available

Trading Terminal

Available

Algo Trading Platform

Available

Basket Trading

NA

Since its incorporation, Prabhudas Lilladher Franchise has developed a diverse product and service line.

By partnering with the company, you can get your hands on the following listed products and services:

  • In addition to equity trading, Prabhudas Lilladher firm offers Delivery and Intra Trading facilities at a reasonable cost.
  • You can also trade in commodities when working with the franchise.
  • Some other investment options that the company offers are Options and Futures.
  • Efficient Demat services make it easier to open and use a Demat account.
  • You can also invest your funds in mutual funds and insurance.
  • IPO Services, PMS, and Exposure or Limit facilities are available.
  • A sub-broker can also contact the company’s representative for Stock Recommendations.
  • Prabhudas Lilladher developed a mobile app to make it easier for business partners to analyze the stock market and trade accordingly.

Moreover, you can log in to Web Trading Platform, Trading Terminal, and Algo Trading Platform to help clients trade profitably.

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Franchise for Prabhudas Lilladher - Revenue per Customer

Intraday

0.01%

Delivery

0.10%

Equity Options

Rs.20 per lot

Equity Futures

0.01%

Commodity

NA

Currency options

Rs.10 per lot

Currency Futures

0.01%

Franchisee Qualification required by PLIndia Franchise

Age Limit

21 years & above

Business Experience

Optional

Academic Qualification

No Restriction

Documents Required to Start Prabhudas Lilladher Sub Broker Program

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


Prabhudas Lilladher Partner or Sub Broker Dashboard

Check out links to Prabhudas Lilladher Franchise Dashboard.

Dashboard
Partner / Sub Broker Dashboard Link

Prabhudas Lilladher Partner Dashboard offers a seamless trade experience to the future generation.

The dashboard has several features that help get better opportunities in the stock market. You can access the trading platform’s dashboard on your Android and IOS.

Here are some main features that you can get from the franchise’s dashboard:

  • Tracking multiple market watches and customizing them as per your interest.
  • Getting recommendations from award-winning market researchers.
  • Transferring funds online
  • Checking your’s or your client’s portfolio to earn more profits.
  • Getting detailed reporting, like contract notes, ledger, etc.
  • Managing trade book, funds view, stock portfolio, and net positions.

Prabhudas Lilladher Franchise Login

Prabhudas Lilladher Franchise Login platforms feature a user-friendly and easy-to-navigate interface. For trade login, you must open a Demat account with the firm.

After opening the account by providing the necessary details, you will receive your login credentials. These credentials include username and password.

Enter these credentials into respective boxes and click the ‘Login’ tab.


Prabhudas Lilladher Sub Broker Benefits

Below given are the Prabhudas Lilladher Sub Broker Benefits, which make the company attractive for business partners:

  • Prabhudas Lillader is a seasoned full-service brokerage house with a reputable brand name.
  • The franchise features strong institutional expertise along with an award-winning research team.
  • Business partners can get a wide range of products and services under a single roof. It increases customer retention rates and helps business partners generate more revenue.
  • As a business partner, you can leverage advanced trading tools and techniques to trade online.
  • The franchise’s attractive revenue-sharing model motivates sub-brokers and partners to acquire more clients and earn more revenue.

Prabhudas Lilladher Franchise Drawbacks

Prabhudas Lilladher Franchise Drawbacks are as follows:

The broker demands a comparatively high initial deposit from the sub-brokers. Moreover, the partner model’s revenue-sharing ratio is less, given the company asks for a high franchise see.

The franchise doesn’t offer digital marketing support which is vital for e-Commerce businesses.


Prabhudas Lilladher Partner Program – Conclusion

If you are looking to start a sub-broker partnership, Prabhudas Lilladher is the best choice.

The franchise is a well-established brand, as it has been operating as a full-service brokerage house for many decades.

You can leverage the popularity of its brand name and run a successful business. Moreover, you get various products and services to pitch to your clients.

Prabhudas Lilladher Partner Program will enable you to meet your client’s expectations and establish a profitable business relationship.


FAQs on Prabhudas Lilladher Franchise Business

Here are all important FAQs on Prabhudas Lilladher Affiliate Partner Program.

Does Prabhudas Lilladher have an Authorized Person?

Prabhudas Lilladher has an authorized person and asks them to deposit at least Rs. 25,000 franchise fees. A sub-broker get new clients, open their accounts, and help them trade.

How many Affiliate Partners does Prabhudas Lilladher have?

Working in the finance industry for decades, Prabhudas Lilladher has affiliated with more than 500 partners. Its lucrative revenue-sharing model attracts more business partners.

What are the Prabhudas Lilladher Referral Agents?

Prabhudas Lilladher has a referral program where referral agents help the company get new clients. The franchise offers Rs. 500 Amazon vouchers for getting each client.

How can I become a Prabhudas Lilladher Associate Partner?

You must register as a sub-broker or partner with the Prabhudas Lilladher franchise.

To become an associate partner, an individual must fulfill the company’s eligibility, documents, and infrastructure requirements.

How much can I earn as Prabhudas Lilladher Partner or Dealership?

You can earn around 40% to 50% of the commission by working as Prabhudas Lilladher’s partner or dealership. In addition, the firm offers Rs. 250 per client.

Am I eligible to start a Prabhudas Lilladher Partnership Agency?

If you are 21 or above, you can apply for Prabhudas Lilladher partnership agency. Furthermore, the company doesn’t specify academic qualifications and business experience requirements.

Do I need to have a Prabhudas Lilladher trading account?

Yes, opening a trading account with Prabhudas Lilladher’s company is a must to work as a sub-broker or partner. Opening a trading account with the firm takes only a few days.

How much do I need to invest in becoming Prabhudas Lilladher’s authorized partner?

To become an authorized partner of Prabhudas Lilladher, you must invest at least Rs. 25,000. You can invest a maximum security deposit amount of Rs. 50,000.

How can I track my earnings with Prabhudas Lilladher?

You can track your earnings by logging in to the Prabhudas Lillagher trading platform’s or mobile app’s dashboard. Visit the ‘Track Earnings’ tab.

Is Prabhudas Lilladher safe to become a partner?

Prabhudas Lilladher is one of the oldest and safest brokerage houses to partner with. It is a SEBI-registered franchise and you can officially trade in the stock market.


 

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