Parsoli Corporation Franchise Parsoli Corporation Ltd. was established on 21st November and promoted by Mr. Mohamed Yunus Sareshwala, Mr. Zafar Sareshwala, Mr. Talha Sareshwala, Mr. Uves Yunus Sareshwala and Mr. Habib Sareshwala., as Parsoli Investments & Trading Company Pvt. Ltd. to provide retail stock broking & financial services. 2000 - Company name has been changed from Parsoli Capital & Finance Ltd to Parsoli Corporation Ltd 2003 -Board approves takeover of Parsoli UK. 2004 - Indian finance firm Parsoli Corporation had launched the country's first Islamic mutual fund, with obeying the rules of Islamic Sharia law which prohibits earnings from interest. 2007 - In one of the most comprehensive surveys covering the world of Islamic banking and finance, India's Parsoli Corporation had been considered as the 'Best Islamic Brokerage Company' for 2007. 2008 - On 26th January 2008, board of directors of the company had approved to incorporate wholly owned new subsidiary company for undertaking merchant banking activities. 2012 --Registered Office of the Company has been shifted to 3, Ground Floor, Oracle Point Guru Nanak Road, Bandra (W), Mumbai - 400 050, Maharashtra. WE ARE PARSOLI CORPORATION LTD. LISTED IN BSE SEGMENT WE ARE IN BUSINESS OF FINANCIAL PRODUCTS DISTRIBUTION LIKE STOCK BROKING, INSURENCE, COMMODITIES, MUTUAL FUND ETC. WITH MAIN AIM TO GIVE AWARNESS OF INVESTMENT TO MUSLIM COMMUNITY WITH BASE OF SHARI`AH COMPLIANCE. Read The Franchise Requirements Below And Become A Franchisee Today.
Commenced Dates
Date Commenced Operations | 1991 |
Date Commenced Franchising / Distribution | 2006 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
---|---|---|---|
Store Wise | Rs. 2lac - 5lac |
Expansion Locations
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, |
South | Kerala, Karnataka, Tamil Nadu, |
East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, , Orissa |
West | Gujarat, Rajasthan, Maharashtra, Goa, |
Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand, |
Union Territories | Chandigarh, Lakshadweep, Daman and Diu, |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | Yes |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | 20-25 |
Likely pay back period of capital for a unit franchise | 4 YEARS |
Other investment requirements | 0 |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | |
Is field assistance available for franchisee? | No |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
What IT systems do you presently have that will be included in the franchise? |
Type of property required for this franchise opportunity | OFFICE |
Floor area requirement | 400 . |
Preferred location of unit franchised outlet | BUSINESS AREA |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | Life time |
Is the term renewable? | No |
Category : Business Services
Area Req : 400 Sq. Feet
Franchise Outlets : 60
Investment: Rs. 2 Lac - Rs. 5 Lac