Shoonya Franchise

The Shoonya Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

As India’s leading brokerage firm, Shoonya provides an innovative Sub Broker model, commonly known as the Shoonya Partner program, allowing partners to earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the Shoonya Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no requirement for office space, APs can earn brokerage generated by their referred clients.

What are the Business Requirements for Shoonya Sub Broker Franchise?

Overall Investment

Rs.28,000 - Rs.50,000

Commission Range

Flat 50%

Avg. Monthly Profit

Approx Rs.36,000

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Minimum 1

Breakeven Time

2 month

Payout Time

30 Days

Total Sub Brokers

600+

Type of Broker

Discount Broker

NISM Certification

Mandatory

How much is Shoonya Franchise Cost?

Security Deposit (One Time)

Zero Investment

Exchange Charges (One Time)

Rs.3,000

Office Expenses (Monthly)

Rs.25,000 - Rs.47,000

How much is Shoonya Sub Broker Commission & Referral Bonus?

Revenue Sharing

Flat 50%

Referral Bonus

Rs.200

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What are the Expected Earnings from Shoonya Franchise?

Total Clients

792

Active Clients

200

Avg. Commission per Active Client

780

Total Brokerage

1,56,000

Sub Broker's Share

78,000

New Client Acquisition

25

Client Acquisition Income

5,000

Sub Broker's Gross Profit

83,000

Total Expenses

47,000

Sub Broker's Net Profit

36,000

Net Profit Margin

22.36%

Does Shoonya offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Shoonya Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+2 n above

NISM Certificate

Mandatory

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What Documents are required to Become a Shoonya Sub Broker?

Sub Broker Agreement

Compulsory

Identity Proof - Aadhaar / Passport

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

Customer ratings and reviews of Shoonya Sub Broker

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