How to start a brokerage firm

What is the procedure to start a brokerage firm in India ?

You need a 4–5 cr for license fee payable to NSE and BSE. For more, I guess @nithin can help you. The best thing first you start as a sub-broker.

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This diagram on the NSE website shares details about the admission process -

There is a page on the NSE website which specifies the set of documents required. Also, there is a Brochure available about the process as well.

Also, in case you are interested in Alpha membership, then this thread talks about some aspects of it.