Prudent Broking Services

Ahmedabad, India Founded: 2004 • Age: 22 yrs
Stock broking, research, and depository services in India.

About Prudent Broking Services

Prudent Broking Services is a Financial Services company based in Ahmedabad (India) founded in 2004. Stock broking, research, and depository services in India. The company has 34 employees. Its Indian entity Prudent Broking Services Private Limited reported revenue of β‚Ή34.9 Lakh. Prudent Broking Services offers products and services including Stock Broking and Research Reports. Its focus areas include Investment Services, Stock Broking, Equity Trading and Depository Services.

Company details

Prudent Broking Services is recognized as a provider of stock broking and depository participant services, having been incorporated in 2004 and registered with exchanges like BSE and NSE. Memberships with MCX, NCDEX, and CDSL are maintained to facilitate trading and asset custody. Research reports, including daily market summaries and technical insights, are offered to support investor decisions, while compliance with SEBI regulations ensures secure operations. Client interactions are handled through various policies and grievance mechanisms, emphasizing risk management and investor protection in the financial sector.

Key Metrics
  • Annual Revenue
    ₹34.9 Lakh

    FY 2023 · -34% YoY

  • Net Profit
    ₹5.47 Cr

    FY 2023 · 1568% margin

  • EBITDA
    ₹10.8 Lakh

    FY 2023 · 31% margin

  • Employee Count
    34

Products & Services of Prudent Broking Services

Prudent Broking Services offers a comprehensive portfolio of products and services, including Stock Broking and Research Reports.

Stock Broking
Financial Services

Stock broking services are provided for equities and derivatives through memberships with major exchanges

Research Reports
Analytical Services

Research reports are delivered on daily and weekly market insights to assist in trading decisions

Board of directors of Prudent Broking Services Private Limited (Prudent Broking Services)

Prudent Broking Services Private Limited is the primary company behind Prudent Broking Services. The board of Prudent Broking Services Private Limited currently have 3 directors; the longest-serving is Sanjay Rameshchandra Shah, appointed in 2018. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjay Rameshchandra Shah
DIN 00239810
Director10 Oct 20188 yrsPrudent Broking Services Private Limited
Hetal Rameshbhai Patel
DIN 08590143
Director13 Nov 20196 yrs 11 moPrudent Broking Services Private Limited
Ankush Choudhary
DIN 09172301
Director02 Feb 20224 yrs 9 moPrudent Broking Services Private Limited

People of Prudent Broking Services

3 people are tracked at Prudent Broking Services (2 in leadership, 1 in team); the tracked headcount is 34.

NameRoleGroup
FounderLeadership
Nilesh Panchal
Head Compliance And LegalLeadership
Ravi Makwana
Relitionship ManagerTeam
Premium access

Complete people profiles for Prudent Broking Services

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Prudent Broking Services

Figures of Prudent Broking Services Private Limited, the primary company behind Prudent Broking Services, for FY 2023. Revenue was ₹34.9 Lakh (-34% year on year). Net profit was ₹5.47 Cr (1568% margin). EBITDA was ₹10.8 Lakh (31% margin). Revenue has grown at a compounded annual rate of -74% over three years and -57% over five years.

  • ₹34.9 LakhRevenue · FY 2023 · -34% YoY
  • ₹5.47 CrNet profit · 1568% margin
  • ₹10.8 LakhEBITDA · 31% margin
  • ₹1.09 CrPaid-up capital
  • 34Employees (provident fund records)
  • -74%Revenue CAGR, 3 years
  • -57%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Prudent Broking Services Private Limited are on its company page.

Premium access

Detailed financial statements for Prudent Broking Services

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Web traffic of Prudent Broking Services

Websites that share an audience with Prudent Broking Services (prudentbroking.com).

Similar websites

Websites whose visitors overlap most with Prudent Broking Services. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
prudentcorporate.com
86%
445.8K#94,250View details
prudentbrokers.com
60%
5.2K#3,574,486View details

Top companies in Brokers and Dealers

3 companies that operate in the same segment as Prudent Broking Services (Brokers and Dealers) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Trading in stocks, mutual funds, and commodities is facilitated.
1995Mumbai, Maharashtra, IndiaUSD 263.15 M1,328
Trading and investment services are provided through an online platform.
2000Mumbai, Maharashtra, IndiaUSD 363.34 M3,730
Financial services encompassing wealth management and stock brokerage are offered.
1994Mumbai, Maharashtra, IndiaUSD 312.52 KUSD 133.56 M1,072
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Frequently Asked Questions about Prudent Broking Services

Prudent Broking Services was founded in 2004.

Prudent Broking Services is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Prudent Broking Services has 34 employees.

The primary company behind Prudent Broking Services, Prudent Broking Services Private Limited, reported revenue of β‚Ή34.9 Lakh for FY 2023, down 34% year on year.

Prudent Broking Services is recognized as a provider of stock broking and depository participant services, having been incorporated in 2004 and registered with exchanges like BSE and NSE. Memberships with MCX, NCDEX, and CDSL are maintained to facilitate trading and asset custody. Research reports, including daily market summaries and technical insights, are offered to support investor decisions, while compliance with SEBI regulations ensures secure operations. Client interactions are handled through various policies and grievance mechanisms, emphasizing risk management and investor protection in the financial sector.

Prudent Broking Services offers Stock Broking and Research Reports.

Prudent Broking Services operates through Prudent Broking Services Private Limited.

The legal entities of Prudent Broking Services currently have 3 directors, including Ankush Choudhary, Hetal Rameshbhai Patel, Sanjay Rameshchandra Shah.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available