The company is one of the top retail brokerage houses in Bangladesh with a strong online trading platform, it provides equity-based products (research, equities, depository, margin funding, etc. ) with a license value of about USD 3 million. It has been one of the largest networks in the country with a premium online trading portal, the organization.
The business provides trade execution services through multiple channels such as an internet platform, telephone, and retail outlets, it has been trading only on Chittagong Stock Exchange (CSE) till June of the current year and CSE only holds 3% of the Bangladesh Stock Market, the rest 97% is traded by Dhaka Stock Exchange.
– Recently the company purchased the license and has started to trade on Dhaka Stock Exchange, so, the profit shown below is predicted to triple from this year onward, trade of derivatives is also starting this year.
– It is showing intense growth and with the start of trading of newly introduced products, the business will be showing a significant growth rate.
– While trading on Chittagong Stock Exchange the company has always been awarded either the first or second top trading position in terms of turnover.
– The predicted turnover of the company is to triple from the present one with the introduction of trading in Dhaka Stock Exchange and derivatives.
– Company has a multiple revenue models including commission charged while buying and selling commodities, maintenance fees, IPO fees, and service charges.
– This is a family-owned business with 100% of ownership by the family.
Description
The company is one of the top retail brokerage houses in Bangladesh with a strong online trading platform, it provides equity-based products (research, equities, depository, margin funding, etc. ) with a license value of about USD 3 million. It has been one of the largest networks in the country with a premium online trading portal, the organization.
The business provides trade execution services through multiple channels such as an internet platform, telephone, and retail outlets, it has been trading only on Chittagong Stock Exchange (CSE) till June of the current year and CSE only holds 3% of the Bangladesh Stock Market, the rest 97% is traded by Dhaka Stock Exchange.
– Recently the company purchased the license and has started to trade on Dhaka Stock Exchange, so, the profit shown below is predicted to triple from this year onward, trade of derivatives is also starting this year.
– It is showing intense growth and with the start of trading of newly introduced products, the business will be showing a significant growth rate.
– While trading on Chittagong Stock Exchange the company has always been awarded either the first or second top trading position in terms of turnover.
– The predicted turnover of the company is to triple from the present one with the introduction of trading in Dhaka Stock Exchange and derivatives.
– Company has a multiple revenue models including commission charged while buying and selling commodities, maintenance fees, IPO fees, and service charges.
– This is a family-owned business with 100% of ownership by the family.
Basic Details
Target Price:
$5,000,000
Gross Revenue
TBA
EBITDA
TBA
Business ID:
L#20220406
Country
Bangladesh
Detail
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