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.

Sri Shirdi Capital Sub Broker

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 provide to its sub-broker.


Sri Shirdi Capital Franchise – Customer Ratings

Find below table to know Customer Ratings of Sri Shirdi Capital Sub Broker:

Experience2.5/5
Services2.6/5
Products2.5/5
Trading Platforms2.4/5
Support2.6/5
Revenue Sharing Model2.4/5
Security Deposit2.3/5
Offers2.5/5
Market Share2.4/5
Overall Ratings2.5/5
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 TypePrivate
Broker typeFull Service Broker
HeadquartersHYDERABAD, Andhra Pradesh
Founder H V Kanoria
Established Year2000
SB Code Activation Time25 Days
Payout Time4-5 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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Sri Shirdi Capital Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramYes

Sri Shirdi Capital provide sub-brokership to individuals and entities who want to work along with them. The Sri Shirdi Capital Sub Brokers business model is described below –


Sri Shirdi Capital Sub Broker / Authorised Person Model

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 FranchiseNA
Sub Broker55% – 80%
RemisierNA
Referral Program15%

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 FranchiseNA
Sub BrokerRs.50,000 – Rs.150,000
RemisierNA
Referral ProgramZero

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 AreaNot Mandatory
Employee StrengthMinimum 1
Research ServicesYes
Internet ConnectionNo
Trading TerminalsNo
Telephone LinesNo

Infrastructure requirement for the Sri Shirdi Capital are

  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 DepositNo
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingNo
Zero Revenue Sharing with PrepaidYes

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 SupportYes
Back-Office SupportYes
Trading SupportYes
Advisory SupportNo
Dealing TrainingYes
Acquisition TrainingNo
Product TrainingYes

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 Delivery0.51%
Equity Intraday0.05%
Equity Futures0.05%
Equity OptionsRs.51 per Lot
Currency Futures0.05%
Currency OptionsRs.31 per Lot
Commodity0.05%

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 AMCFree
Trading AMCFree
Account Opening ChargesRs.510
Transaction Charges0.00321%
Margin MoneyMinimum 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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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