Sri Shirdi Capital Services Pvt Ltd is a key player in the stock market with hundreds of Sri Shirdi Capital Sub Broker working under them across India.
Summary | |
Top Business Model | Sub Broker |
Revenue Sharing | 55% – 80% |
Security Deposit | Rs.50,000 – Rs.150,000 |
Become Sub Broker in | 25 Days |
Receive Payout in | 4-5 Weeks |
Founder | H V Kanoria |
Established Year | 2000 |
Incorporated in the year of 2000, Sri Shirdi Capital Services Pvt. Ltd. is a member of National Stock Exchange, Bombay Stock Exchange, and National Securities Limited. Known for its transparency in all dealing they deal with the client in currencies, commodities, equity and all type of depository services.
The company has a very strong and disciplined client base located in Andhra Pradesh and adjoining states such as Tamil Nadu, Karnataka and Maharashtra looked after by dedicated staff members
Here in this article, we are going to discuss the customer ratings, brokerage services, client charges, infrastructure and other offers that the company provides to its sub-broker.
Sri Shirdi Capital Franchise – Customer Ratings
Find below table to know Customer Ratings of Sri Shirdi Capital Sub Broker:
Experience | 2.5/5 |
Services | 2.6/5 |
Products | 2.5/5 |
Trading Platforms | 2.4/5 |
Support | 2.6/5 |
Revenue Sharing Model | 2.4/5 |
Security Deposit | 2.3/5 |
Offers | 2.5/5 |
Market Share | 2.4/5 |
Overall Ratings | 2.5/5 |
Star Ratings | ★★★☆☆ |
The company serves its shareholders with very much dedication and sincerity, and thus it provides excellent customer services, products, and offers. Keeping all this in consideration the overall customer rating is 2.5 points out of 5 points and 3 stars out of 5 stars thus making it stand out in its own industry.
Overview of Sri Shirdi Capital Franchise / Sub Broker
Details about Sri Shirdi Capital Franchise is given in the below table:
Company Type | Private |
Broker type | Full Service Broker |
Headquarters | HYDERABAD, Andhra Pradesh |
Founder | H V Kanoria |
Established Year | 2000 |
SB Code Activation Time | 25 Days |
Payout Time | 4-5 Weeks |
Sri Shirdi Capital is a private company providing full brokerage services to its sub-brokers. H.V Kanoria founded Sri Shirdi Capital in the year of 2000 with its headquarters at Hyderabad, Andhra Pradesh.
The sub-broker activation time for the brokers are 25 days and the payout time should not exceed more than 4-5 weeks.
Become a Sub Broker with Sri Shirdi Capital – Just Fill up the form
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Sri Shirdi Capital Sub Broker – Business Models
Find below table for details:
Master Franchise | No |
Sub Broker | Yes |
Remisier | No |
Referral Program | Yes |
Sri Shirdi Capital Sub Brokership
Sub Broker model is the most common business model that prevails in this industry and under which almost all the sub-broker works. Under this system the company allows its brokers to work under their name; in this system, there are many sub-brokers of one company working under one roof as this is not a monopoly business.
This model depends on the client base of the company.
Sri Shirdi Capital Remisier
A referral program is a systematic way of getting people to make a referral to your business. Referral program rewards existing customers for sharing word of mouth and incentives to the new customers for trying out their new brand.
Sri Shirdi Capital Sub Broker Commission / Revenue Sharing
Find below table to know Sri Shirdi Capital Franchise Commission Models and Revenue Sharing Models:
Master Franchise | NA |
Sub Broker | 55% – 80% |
Remisier | NA |
Referral Program | 15% |
The revenue sharing or the franchise commission depends on the security deposit made by the sub-broker to the company which may vary from 55%-80%, commission for the referral program is 15%.
Check out Revenue Sharing of other Sub Brokers
Sri Shirdi Capital Franchise Cost / Security Deposit
Below Tables gives a good understanding of Sri Shirdi Capital Franchise Cost:
Master Franchise | NA |
Sub Broker | Rs.50,000 – Rs.150,000 |
Remisier | NA |
Referral Program | Zero |
The amount which you need to deposit to become the sub-broker of Sri Shirdi Capital is from Rs 50,000 -1,50,000 and no deposit is required for the referral program.
Here are Security Deposit info of other Stock Broking Franchise
Sri Shirdi Capital Partner Infrastructure Requirement
Check the table to know Sri Shirdi Capital Partner Infrastructure Requirement:
Office Area | Not Mandatory |
Employee Strength | Minimum 1 |
Research Services | Yes |
Internet Connection | No |
Trading Terminals | No |
Telephone Lines | No |
Infrastructure requirement for the Sri Shirdi Capital is
- Minimum 1 staff is required.
- Research services required
These infrastructure requirements are nothing at all as there is no office area required and even there is no requirement of internet connection, trading terminals, and telephone lines, with minimal requirement for infrastructure it is very easy to get the franchise of Sri Shirdi Capital.
Sri Shirdi Capital Sub Broker Offers
Find below various The Sri Shirdi Capital Sub Broker Offers:
Zero Deposit | No |
10k Initial Deposit | No |
Flexible Revenue Sharing | Yes |
Flat Revenue Sharing | No |
Zero Revenue Sharing with Prepaid | Yes |
Sri Shirdi Capital make offers to its sub brokers
- Flexible revenue sharing
- Zero revenue sharing with prepaid
However, they do not offer zero deposit and flat revenue sharing.
Check out other companies Sub Broker Offers
Sri Shirdi Capital Franchise Support
Below table consist of various support provided by Sri Shirdi Capital Authorised Person program:
Marketing Support | Yes |
Back-Office Support | Yes |
Trading Support | Yes |
Advisory Support | No |
Dealing Training | Yes |
Acquisition Training | No |
Product Training | Yes |
The support which Sri Shirdi Capital provide are
- Marketing support
- Back office support
- Trading support
- Dealing training
- Product training
However, they do not provide advisory support and acquisition training.
Sri Shirdi Capital Authorised Person – Brokerage Charges to Clients
The table gives proper information of Sri Shirdi Capital Brokerage charges levied to its Franchise Clients:
Equity Delivery | 0.51% |
Equity Intraday | 0.05% |
Equity Futures | 0.05% |
Equity Options | Rs.51 per Lot |
Currency Futures | 0.05% |
Currency Options | Rs.31 per Lot |
Commodity | 0.05% |
Sri Shirdi Capital charges 0.15% for equity delivery and 0.05% for equity intraday, equity futures and currency futures and commodity. They charge Rs 51 per lot for equity option and Rs 31 per lot for currency option.
Sri Shirdi Capital Partner – Account Opening Charges to Clients
The table gives proper information of Sri Shirdi Capital Account opening charges levied to its Franchise Clients:
Demat AMC | Free |
Trading AMC | Free |
Account Opening Charges | Rs.510 |
Transaction Charges | 0.00321% |
Margin Money | Minimum Rs.5,100 |
Sri Shirdi Capital charges nothing for DEMAT AMC and TRADING AMC. Rs 510 is the account opening charges and 0.00321% for transaction charges and margin money is minimum Rs 5100.
Benefits of Sri Shirdi Capital Partner Program
The Sri Shirdi Capital Sub-brokers program is beneficial for the sub-brokers as –
There are certain advantage of becoming a partner in Sri Shirdi Capital
- Flexible revenue sharing
- Back office support
- Product training
- Transparency in all its dealing
- Sincerity, honor, and integrity for all its clients.
- Non- banking financial services
Become a Sub Broker with Sri Shirdi Capital – Just Fill up the form
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