
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 βΉ34.9 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.
- Headquarters Ahmedabad, India
- Employees 34
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
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- Website prudentbroking.com
- Social Facebook Instagram
- Legal Name Prudent Broking Services Private Limited
- Date of Incorporation 14 Jul, 1995
- Jurisdiction Ahmedabad, Gujarat, India
- 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 Count34
Associated legal entities of Prudent Broking Services
Prudent Broking Services operates through Prudent Broking Services Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prudent Broking Services Private Limited CIN U67120GJ1995PTC026716 | Amalgamated | 14 Jul 1995 | Ahmedabad, Gujarat | ₹0.3 Cr | 34 | 3 | View details |
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 services are provided for equities and derivatives through memberships with major exchanges
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Rameshchandra Shah DIN 00239810 | Director | 10 Oct 2018 | 8 yrs | Prudent Broking Services Private Limited |
| Hetal Rameshbhai Patel DIN 08590143 | Director | 13 Nov 2019 | 6 yrs 11 mo | Prudent Broking Services Private Limited |
| Ankush Choudhary DIN 09172301 | Director | 02 Feb 2022 | 4 yrs 9 mo | Prudent 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.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Nilesh Panchal | Head Compliance And Legal | Leadership |
Ravi Makwana | Relitionship Manager | Team |
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
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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.
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).
Websites whose visitors overlap most with Prudent Broking Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| prudentcorporate.com | 86% | 445.8K | #94,250 | View details | |
| prudentbrokers.com | 60% | 5.2K | #3,574,486 | View 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | Mumbai, Maharashtra, India | USD 263.15 M | 1,328 | ||
Trading and investment services are provided through an online platform. | 2000 | Mumbai, Maharashtra, India | USD 363.34 M | 3,730 | ||
Financial services encompassing wealth management and stock brokerage are offered. | 1994 | Mumbai, Maharashtra, India | USD 312.52 K | USD 133.56 M | 1,072 |
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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 βΉ34.9 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.