The Angel Broking Sub-Broking Franchise Opportunity


Angel Broking is one of the most respected stock-broking and wealth management companies in India. Recently, it was lauded with the “Best Retail Broking House” and “Broking House with Largest Distribution Network” in the Dun & Bradstreet Equity Broking Award for 2009. It offers various investment products and services like Equities, F&O, Commodities, Currencies, Online Trading, PMS, Investment Advisory, Insurance, Mutual Fund, Personal Loan, Fixed Deposits, IPO and Depository Services.



Angel Broking has a strong reach across the country with a nation-wide network of 21 regional hubs and presence in 155 cities. It derives its strength and success from its associations and partnerships. It has the largest sub-broker network in India with over 8,370 Sub-Brokers and Business Associates and 6.8 lakh retail clients. Angel Broking offers various plans for Sub-Brokers according to their aspirations and budget.





Sit-in Business Partners

Minimum investment of Rs 1.5 lakhs is required to become a sit-in business partner of Angel Broking. It is ideal for people who have limited investment and need a place to start their business. Angel Broking provides exclusive space and trading terminals within Angel’s premises along with a specially designed training program to develop necessary business knowledge.

Business Partners



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ITC's Wills Lifestyle turns profitable, to franchise in Tier 2 and 3 Towns

Profitable retailing: A Wills Lifestyle store on Camac Street in Kolkata. All Wills Lifestyle stores across 30 cities are now recovering costs, according to Atul Chand, chief executive of ITC’s lifestyle retailing division.

Way2Franchise First and Exclusive: ITCs lifestyle retailing business has turned profitable. Over the past year, ITC has managed to reduce rents by as much as 30% and all Wills Lifestyle stores in 30 cities are now recovering costs, according to Atul Chand, chief executive of ITC’s lifestyle retailing division. Apart from this, about one-fifth of the lifestyle retailing division’s revenues come from contract manufacturing of garments and accessories for designer brands such as Calvin Klein, Polo Ralph Lauren, Trussardi and MaxMara. “Exports are a high-margin business,” Chand added.

ITC currently has some 50 Wills Lifestyle stores, which sell ready-made apparel. Over the next six months, it is going to launch at least two stores a month, said Chand. The company is now looking to enter cities with smaller populations, and for the first time, is going to get into local franchise arrangements.

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Mixed response from Financial Services Franchisees and Brokers towards extended timings 

SEBI’s permission to the stock exchanges to extend their trading hours fetched mixed reactions from the trading community, but the dominant response was unwelcoming. The markets watchdog has allowed the exchanges to set their timings from 9 a.m. to 5 p.m., from 9.55 a.m. to 3.30 p.m. Though this would align the Indian markets with those in Asia and Europe, an increase in market timings would mean added stress, said dealers, franchisees, sub-brokers, brokers and analysts.

Delayed data

A market closure of 3.30 p.m. itself sees work end only at 9 p.m. for most brokers and financial services franchisees. “The final data comes by 4 p.m., the files have to be updated and sent to the exchanges by 7 p.m., and wait for responses up to 9 p.m.,” said a sub-broker. “Our work will now completely end only by 11 p.m.”

A director at a broking firm noted that extended timing would see expenses also increase. “Keeping the office open for longer means higher expenses while volumes may not increase proportionately. Trading happens mostly in the first and last hour of trade. The rest of the time there is not much trade happening. The new timings will put more strain on our dealers. Think about our research team. They come in at 8.30 now with the new timing they will have to come by 7.30. And one can only imagine when they will leave,” he said.

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