Sri Shirdi Capital Sub Broker / Franchise / Authorised Person / Partner Review

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.

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

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 Sub BrokerSri 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%.

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    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.

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    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

    1. Minimum 1 staff is required.
    2. 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

    1. Flexible revenue sharing
    2. Zero revenue sharing with prepaid

    However, they do not offer zero deposit and flat revenue sharing.

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    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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