Sale of sub-broker business

#1
All,

I want to sell my sub-brokership affiliated to ICICI Direct.

Background:
The operation is two and half years old (June 2007) with 185 clients 45% being active.
All accounts are of professionals, working in IT comapnies (50%), Reliance Ind (20%) and rest are from other smaller companies.

Benefits:
This will be a great opprotunity to start your business with clients for which not only I have spent lot of time but invested large amount.

Being a ICICI subbroker you can be a one-stop solution for broking, Insurance (Life and General), FDs, MFs all on a online platform. Also ICICI has started giving 2 days as time limit on margin positions through its online platform (similar to offline brokerages). This will be extended to 5 days soon. Many more products will be launched soon for sub-brokers to have multiple streams of income.

Reason for Selling:
I will be moving out from Mumbai to take care of other family business and this personal venture / baby of mine is not getting enough time and effort that it requires.

Please contact in confidence with your questions to [email protected]
 

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