Prabhudas Lilladher Franchise Vs IndiaNivesh Partner can be seen as one of the most sought out stockbroking partnership business comparisons in the industry.
At one end of the spectrum is conventional and well-established Prabhudas Lilladher Franchise is a preeminent sub-broker business of India that has its existence since 1944. For the last 35 years, it is known to provide high delivery solutions to clients.
Being an old broking house, and high experience, Prabhudas Lilladher has many elite class members in its management team.
The brokerage fee provided by this veteran full-service stockbroker is quite competitive and ensures the best trading experience for its clients. The initial public offering or IPO was initially started by this broking house.
Today, there are more than 120 Indian cities and towns where it is found, having over 500 business centers across the country.
On the other end, a well-established IndiaNivesh Partner is one of the franchise business in India with a good reputation.
That became a full-service stockbroker in the year 2006. Rajesh Nuwal founded it and by today, the broker has successfully created an active client base exceeding 15,000 and offers numerous segments to its customers for investment purposes.
The firm integrated with MCX – SX, MCX, NSE, BSE (BSE), and NCDEX for becoming a complete service stock dealer. For Demat services, it makes use of CSDL.
There are hundreds of IndiaNivesh Partners across India and it has successfully created a very good impression despite being a new player in the market.
This is also known as the franchise or the sub-broker model in which the concerned person needs to make an investment for the infrastructure, i.e set up or rent an office space where he will deal with the clients and perform other business operations.
This is suitable for someone who wants a regular passive sub-broker income besides practicing his own profession, which can be trading in the stock market or some other business also.
Prabhudas Lilladher Franchise Vs IndiaNivesh Partner Basics
Let’s have a deeper look into their respective business partnership propositions where we explore information on their:
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- Company Background
- Business Models
- Revenue Sharing
- Initial Costing
- Office Set-Up Requirements
- Broker Support
- Broker Offers
- Account-Related Charges
- Brokerage
- Overall Ratings[/su_list]
By the end of this Prabhudas Lilladher Franchise Vs IndiaNivesh Partner comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
 |  | |
| Overview | ||
| Company Type | Private | Private |
| Broker Type | Sub Broker | Full Service Broker |
| Founded In | Private | 2006 |
| CEO | Private | Rajesh Nuwal |
| Headquarters | Mumbai | Chennai,TN |
| Sub Broker Activation Duration | 30 Days | 30 Days |
| Payout Frequency | 21 days | 35 Days |
| Network Strength | 500+ | 450+ |
| Active Clients | 19983 | 18000+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.01 | 0.26 % |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 30% to 70% | 50% to 80% |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | 20% to 30% | NA |
| Referral Plan | NA | 10 to 30 % |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹1 Lakh | ₹ 50,000 |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | ₹10k to ₹20k | NA |
| Referral Plan | NA | ₹ 10,000 |
| Financial centre | NA | NA |
| Office Set Up Requirements | ||
| Office Area | | |
| Employees | | |
| Internet Connection | | |
| Trading Terminals | | |
| Call and Trade Facility | | |
| Telephone Support | | |
| Research and Tips | | |
| Client Visit Facility | | |
| Broker Support | ||
| Marketing Collaterals & Campaigns | | |
| Trading Assistance | | |
| Research & Advisory | | |
| Back Office Support | | |
| Sales and Acquisition Training | | |
| Trading Platforms Training | | |
| Initiative Seminars/Webinars | | |
| Broker Offers | ||
| Zero Deposit Trading Account | | |
| Free Demat Account | | |
| Referral Bonus | | |
| Brokerage Cashback | | |
| Flexible Revenue Sharing | | |
| No Cost Sub brokership | | |
| Offsite Programs for Top Partners | | |
| Account Related Charges | ||
| Demat Account Opening | ₹0 | ₹ 500 |
| Demat Account Maintenance | ₹650 | ₹ 300 |
| Trading Account Opening | ₹999 | ₹ 0 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.00330% | 0.1% – 0.2% |
| Equity Intraday | 0.00330% | 0.01% – 0.02% |
| Equity Futures | 0.00330% | 0.01% – 0.02% |
| Equity Options | 0.00330% | ₹.10 – ₹.20 per Lot |
| Currency Futures | 0.00330% | 0.01% – 0.02% |
| Currency Options | 0.00330% | ₹.10 – ₹.20 per Lot |
| Commodity | 0.00310% | 0.01% – 0.02% |
| Broker Background |  | |
| Business Models |  | |
| Revenue Sharing |  | |
| Initial Costing | | |
| Office Set Up Requirements | | |
| Broker Support | | |
| Broker Offers | | |
| Account Costing | | |
| Overall Partnership Rating | | |
If in case you need help in getting started with your stockbroking business or you want to become a sub-broker with any of the prominent stockbrokers, let us assist you in taking the next steps forward:
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