SHCIL Services Franchise or Partner or Sub Broker Business – Find Cost, ROI & more

Know everything about SHCIL Services Franchise Business Opportunity here.

SHCIL Services is a leading stock trading company providing a lucrative business opportunity. Famous for its sub-brokership model, the franchise has operated in the stock market for almost 25 years.

The firm has in-depth experience and knowledge to help SHCIL Services Partners and sub brokers get into business and expand it while establishing their niche.

This article constitutes every aspect of the SHCIL Services Franchise- business model, cost, revenue, eligibility, and more.

Founded in 1995 by Sanjay Pote, SHCIL, or Stock Holding Corporation India Limited, is headquartered in Mumbai.

SHCIL Services Limited operates under the parent company – SHCIL Holding, as a broking arm. It was in the year 1986 that the firm was incorporated as a public limited company.

This entity is a full-service broker with over 200 franchise outlets across India. Moreover, the firm offers world-class trading, Demat, and research services required in the investment space.

SHCIL Services Sub Broker, Remisier, or an Authorized Person are few ways to become a business associate of the franchise.

The firm takes 30 days on average to generate the sub-brokers code. In addition, the partners are paid within 35 days of making sales.

Furthermore, SHCIL Services has received excellent ratings from its sub-brokers, making it a market leader. For instance, the firm has received a 3.61 rating based on revenue, and overall it is 3.55.

Stock Holding Franchise – Business Models

Stock Holding Franchise provides 2 business models.

SHCIL Services Sub Broker Model

The sub-broker is the most basic business model followed by almost every brokerage firm. A sub-broker or an authorized person can earn a higher revenue share percentage with less investment.

The primary responsibility of the SHCIL Services Sub Broker is to find prospective clients and convert them into clients of the brokerage franchise.

You will assist them in opening their account and trading in the stock market. Moreover, it only takes 3 days for an individual to become an authorized person in the brokerage house.

SHCIL Services offers 60%-70% revenue sharing to sub-brokers.

SHCIL Services Partner Model

The easiest way to become SHCIL Services Partner is by becoming a DRA or Remisier.

Unlike a sub-broker, a partner will be responsible for finding clients for the brokerage house. There is no need to render any account activation or trading facilities.

Now that partners’ responsibilities are limited, SHCIL Services offers 40%-50% revenue sharing to them.

This business model suits those looking forward to earning money with less capital and no infrastructure requirements.

The SHCIL Services Franchise Cost varies with different business models. If you desire to become a sub-broker, you will bear the cost of a minimum of Rs. 10,000 and a maximum of Rs. 25,000.

It is basically a refundable security deposit. Moreover, you can increase the security deposit to earn more revenue.

There is no SHCIL Services Franchise fee for the partners. It is the most affordable business model offered by the franchise.

You can earn sufficient revenue as a partner by incurring no franchise cost. Furthermore, the infrastructure investment for the business can range from zero to Rs. 20,000.

Sub-brokers / Authorized Persons: A sub-broker or an authorized person can earn 60% to 70% of the revenue his clients generate.

The commission you earn as a stockbroker will depend on the security deposit amount with the brokerage house.

With SHCIL Services, you can expect a minimum of 60% and a maximum of 70% of revenue share.

For instance, if you deposit a minimum security amount of Rs. 10,000, you can earn at least 60% of the commission.

Suppose you have acquired 5 clients who paid a total brokerage of Rs. 2,00,000 monthly. In this case, you will earn 60% of Rs. 2,00,000, i.e., Rs. 1,20,000.

Partners: Regarding the SHCIL Services Partner Commission, partners are entitled to a 50% to 60% commission.

As a partner, you can earn at least 50% of the commission by acquiring clients for the brokerage house. And the maximum commission percentage for partners is 60%.

As discussed above, your commission will vary per the chosen business model. Like the commission, SHCIL Services Franchise Returns differ for each business model.

The security deposit amount affects the returns earned by sub-brokers and partners. As a partner, you don’t need to invest the funds, and sub-brokers must invest a minimum of Rs. 10,000.

The partners will earn relatively lower returns, and the SHCIL Services Sub Broker Returns are higher.

Moreover, you can expect to break even within 2 months after starting as a SHCIL Services partner. After this period, you can expect growth in your revenue.

The more clients you provide to the SHCIL Services Franchise, the more revenue you will generate.

Stock Holding Sub Broker Profits & Revenues

Check out in detail about various Profits & Expenses of Stock Holding Sub Brokers.

SHCIL Services Sub Broker Profits are calculated based on 300 active brokerage house clients.

To calculate total brokerage revenue, multiply the number of active clients, Daily Trades per Client, Average Volume per Trade, Brokerage per Trade, and Trading Days in 1 month, i.e., (300*1*2,00,000*0.25%*1).

The sub-broker’s share is estimated to be 70% of the total revenue generated by SHCIL Services.

With the sub-broker’s total revenue of Rs.1,05,000 and total cost of Rs.43,000, his monthly profit is Rs.62,000.

Furthermore, you can increase the revenue by acquiring and activating more clients and cutting the office expenditure.

Stock Holding Partner Profits & Revenues

Here are details on Profits & Revenues of Stock Holding Partner Program.

SHCIL Services Partner Profits are calculated based on 300 active brokerage house clients.

To calculate total brokerage revenue, multiply the number of active clients, Daily Trades per Client, Average Volume per Trade, Brokerage per Trade, and Trading Days in 1 month, i.e., (300*1*2,00,000*0.25%*1).

The partner’s share is estimated to be 50% of the Total revenue generated by SHCIL Services.

With the partner’s total revenue of Rs.75,000 and total cost of Rs.16,000, his monthly profit is Rs.59,000. Furthermore, you can increase the revenue by acquiring more clients.

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The infrastructure requirements for franchise partners, specifically for sub-brokers, are few and not rigid.

However, there are a few mandatory requirements without which a partner or sub-broker can’t run the office.

Below given are the infrastructure requirements for the SHCIL Services Franchise:

• The minimum office space or unit area should be 150 square feet and the maximum 200 square feet.
• There should be a minimum of 1 and a maximum of 2 employees in the office.
• Computer and internet connectivity is a must.
• The office must be equipped with CCTV set-up.
• It’s optional to have a research or advisor department, trading terminals set up, air conditioner, and telephone lines.

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The support that the SHCIL Services Franchise offers to the SHCIL Services Sub Broker is as follows:

• Client Interaction Training
• Relationship Manager Support
• Back-Office Support
• Trading Support
• Advisory Support
• Marketing Support
• Business Management Software
• Website Support
• The brokerage house also renders Operation Manual and Training Manual, making it easier for the sub-brokers to run the business.
• The franchise provides Service Pricing support and lucrative Offers time and again.

SHCIL Services Franchise renders world-class support facilities to their sub-brokers and partners.

The top-notch support extended by the firm will help you acquire, activate, and assist in trading clients seamlessly.

Marketing the business both online and offline is crucial to success. Therefore, it’s vital for the brokerage house’s sub-brokers and partners to curate effective business marketing campaigns.

SHCIL Services renders the following mentioned marketing support facilities to the SHCIL Services Authorised Person:

• SHCIL Services allow you to place ads in your office’s interior and exterior.
• The local advertisement facilities will aid in promoting the business in your locality or jurisdiction.
• Digital marketing support is crucial to promote business online in this digital world.
• The franchise also offers traditional marketing facilities, including print and television advertisements, events, seminars, etc.

As a SHCIL Services Affiliate Partner, you will be entitled to receive the following training:

Dealers Training: Dealers training helps partners possess the skills and knowledge necessary for dealing with clients and understanding their trading needs.

Moreover, after this training, you will be proficient enough to trade on your client’s behalf.

Product Information Training: The primary purpose of this basic training is to make you understand the products and services of the franchise.

After completing this training, you can pitch the right products to clients.

Service Training: Prospects and existing clients will have inquiries and issues repeatedly. The service training will enhance your problem-solving skills.

Thus, you will be able to help the clients to meet their trading needs quickly and efficiently.

SHCIL Services Franchise is recognized for offering the following listed products:

• The firm offers an equity trading facility for prospective clients. Moreover, you can access both Delivery and Intraday Trading facilities. The equity delivery and intraday charges are nominal and range from 0.01% to 0.02%.
• If your client is interested in investment options other than equity trading, you can access the same. SHCIL Services offers Options and Futures to its clients.
• Moreover, you can avail of the franchise’s high-quality insurance and Demat services.
• You can quickly help clients trade with the company’s user-friendly mobile app.

Moreover, sub-brokers and partners can pitch their clients for using the Trading Terminal.

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Stock Holding Partner or Sub Broker Dashboard

Here is the link to Stock Holding Franchise Dashboard.

SHCIL Services Partner Dashboard features a user-friendly interface. Moreover, the trading platform is developed and maintained by an in-house team.

The dashboard provides basic features with an average performance. Here listed are some features that you can access on the mobile app’s dashboard:

• Placing different types of orders
• Charting facility for in-app technical and fundamental analysis
• Tracking your leads, revenue generation, and client conversation

In addition, the dashboard allows sub-brokers and partners to help clients open an account.

SHCIL Services Franchise Login

For SHCIL Services Franchise Login, it is a must for the sub-brokers and partners to open an account with the brokerage house.

Once your account is registered with the company, you will receive the login credentials. These credentials include your username and password.

You can log in to the SHCIL Services trading platform using the same credentials.

After logging in, you can find the dashboard showcasing all details of your clients, revenue, commission, and leads.

SHCIL Services Sub Broker Benefits

The below given are the SHCIL Services Sub Broker Benefits:

Robust back-office support: SHCIL Services provides robust back-office support in the industry. You can experience one of the best back-office support facilities with new technology and IT support.

Product and training support: After partnering with SHCIL Services, you can get in-depth knowledge of products offered by the company. Moreover, the training results in personal development.

Attractive revenue sharing ratio: The franchise offers the sub-brokers a lucrative revenue sharing ratio on all products. It further encourages them to generate more revenue.

Convenience: You must follow simple steps to connect with the brokerage house and get partnership business details.

SHCIL Services Franchise Drawbacks

There are certain SHCIL Services Franchise Drawbacks, and these are as follows:

• The business model charges high brokerage.
• The trading platform’s and mobile app’s dashboard experiences regular login-related problems.
• Moreover, connection timed out is the primary concern for the mobile app.
• The entity provides lower exposure or leverage across segments.
• The trading platform doesn’t allow commodity trading.
• There is a scope for improvement in customer support quality.

SHCIL Services Partner Program – Conclusion

SHCIL Services franchise is suitable for a beginner who wants to play safely. In addition, the SHCIL Services Partner Program offers a lucrative revenue structure with a nominal investment cost.

These two critical features make the entity one of the favorite stock brokerage houses amongst business sub-brokers and partners.

If you are striving to partner with a franchise that understands the stock market and provides robust support to its partners, SHCIL Services is the go-to solution.

FAQs on SHCIL Services Franchise Business 

Check out the various FAQs on SHCIL Services Affiliate Partner Program.

Do SHCIL Services have an Authorized Person?

Yes, SHCIL Services has an authorized person. Also known as a sub-broker, the authorized person helps the franchise acquire clients, assist in trading, and generate revenue.

How many Affiliate Partners do SHCIL Services have?

SHCIL Services have more than 700 affiliate partners, making it one of the leading brokerage houses in India.

What are the SHCIL Services Referral Agents?

SHCIL Services referral agents are the individuals who refer new clients to the brokerage house.

They share referral links with other people and ask them to open an account in return for a commission or voucher.

How can I become a SHCIL Services Associate Partner?

To become a franchise’s Associate Partner, you must register as an Authorized Person or Remisier with the brokerage house.

Next, you must fulfill eligibility, documents, and infrastructure requirements.

How much can I earn as SHCIL Services Partner or Dealership?

The amount you can earn as SHCIL Services Partner depends on the number of clients you acquire. However, you can earn 50% to 60% of the commission.

Am I eligible to start a SHCIL Services Partnership Agency?

You can become a SHCIL Services partnership agency if you are 21 or above. Furthermore, there is no restriction on qualification, and business experience is optional.

Do I need to have a SHCIL Services trading account?

If you want to trade in the Indian stock market, having a Demat account is mandatory. You can open a Demat trading account with SHCIL Services within minutes.

How much do I need to invest in becoming SHCIL Services’ Authorized Person?

To become the SHCIL Services’ Authorized Person, you must invest between Rs. 10,000 to Rs. 25,000. Remember that the security deposit is refundable.

How can I track my earnings with SHCIL Services?

You can track your earning with SHCIL Services by logging in to the trading platform’s dashboard. You just need to click the Earnings Tracking tab to track your earnings.

Is SHCIL Services safe to become a partner?

The company provides non-shareable credentials to each partner to log in to their account. Moreover, you can earn higher revenue at little to no infrastructure cost.