Know everything about Steel City Securities Franchise Business Opportunity here.
In this review, we’ll study Steel City Securities Partner Program in detail, analyzing its business model, services, and franchise opportunities to determine what makes this company stand out in a crowded field.
Steel City Securities Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Infrastructure Investment
ROI Timeframe
Steel City Securities Sub Broker Review & Ratings by FranchiseByte
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overall Ratings
Star Ratings
Overview of Steel City Securities Sub Broker Franchise
Industry
Business Line
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
Steel City Securities Sub Broker program, founded by Kamireddy Satyanarayana in 1995, is a leading retail stock broking company in Southern India.
The company has its head office in Visakhapatnam and has expanded its business operations in several states, including Andhra Pradesh, Tamil Nadu, Karnataka, Orissa, Chattisgarh, and Maharashtra (Mumbai).
Steel City Securities Limited has achieved phenomenal growth since its inception. In 1998, the company introduced the Franchisee model to extend its business potential in both urban and rural areas of Andhra Pradesh.
With a network of 200+ franchise outlets, Steel City Securities Limited offers lifetime tenure for its franchisees and a business setup time of just 15 days.
The company’s dedicated and trustworthy workforce ensures top-quality services and endless client support.
Steel City Securities Franchise – Business Models
Here are the 3 business models of Steel City Securities Franchise.
Business Models | Revenue Sharing |
Sub Broker | 60% – 75% |
Partner | 40% – 50% |
Refer and Earn | Rs.100 per new Client |
Steel City Securities Sub Broker Model
The Steel City Securities Sub Broker program offers a scheme to interested individuals who want to start a business in the securities and investment industry.
Under this model, the Sub Broker will be authorized to provide trading and investment services to clients in a designated area and receive a commission for the executed trades.
The commission rate ranges from 60% to 75%, depending on the volume of business generated by the Sub Broker.
Steel City Securities Partner Program
Besides the Sub Broker model, Steel City Securities also offers a Steel City Securities Partner Model for those interested in contributing to the company’s growth.
Under this model, the Partner will be authorized to provide clients with various financial services in a designated area, including trading and investment services.
The Partner will receive a commission on the trades executed, which ranges from 40% to 50%, depending on the volume of business generated.
Steel City Securities Referral Program
Under the Steel City Securities Refer and Earn model, the referrer will receive a commission of Rs.100 for each new client who opens an account with Steel City Securities through their referral.
This model suits individuals with a strong network and can refer potential clients to the company.
Steel City Securities Franchise Cost & Fees
Sub Broker - Franchise Fee
Partner - Franchise Fee
Infrastructure Investment
Steel City Securities Franchise offers affordable franchise options for individuals interested in starting their businesses in the securities industry.
The franchise fees and infrastructure investment required are as follows:
Sub Broker: The franchise fee for the sub-broker model ranges from Rs.10,000 to Rs.15,000, depending on the location and potential business volume.
The infrastructure investment required for this model can be zero to Rs.40,000, depending on the level of infrastructure and technology needed for the business.
Partner: The franchise fee for the partner model is Rs.3,000, making it an affordable option for those looking to enter the securities industry.
The infrastructure investment required for this model can also be zero to Rs.40,000.
Steel City Securities Sub Broker Commission / Revenue Sharing / Royalty
Sub Broker Commission
Stock Broker Commission
Partner Commission
Stock Broker Commission
Referral Commission
Stock Broker Commission
The Steel City Securities Partner commission and other business model’s commission rates are mentioned below:
Sub Broker Commission: The Sub Broker commission ranges from 60% to 75% of the total commission earned.
The commission percentage may vary depending on the business volume generated by the Sub Broker.
Partner Commission: The Partner commission ranges from 40% to 50% of the total commission earned.
This is a good option for individuals who want to start their own business with minimal investment.
Referral Commission: The referral commission is a fixed amount of Rs. 100 per new client who opens an account with Steel City Securities through the referrer’s reference.
Steel City Securities Business Partner ROI Details
In Years
Regarding ROI (Return on Investment), Steel City Securities states that Partners can expect to break even and start earning profits within two months of starting their business.
This means that within two months of starting the business, Partners can expect to earn enough commission to cover their initial investment and start generating Steel City Securities Sub Broker returns.
Steel City Securities Sub Broker Profits
Know about Steel City Securities Sub Broker Profits, Revenues & more here.
Monthly Revenue | |
No. of Active Clients | 250 |
Daily Trades per Clients | 1 |
Avg. Volume per Trade | 1,80,000 |
Brokerage per Trade | 0.13% |
Trading Days in 1 Month | 2 |
Total Brokerage Revenue | 1,17,000 |
Sub Broker’s Share (75%) | 87,750 |
Monthly Expenses | |
Office Rent (Co-working Space) | 12,000 |
1 Telecaller Cost | 13,000 |
1 Dealer Cost | 15,000 |
Misc. Expenses | 3,000 |
Total Cost | 43,000 |
Monthly Profit | |
(Revenue – Expenses) | 44,750 |
Profit Margin | 38% |
This section will discuss the Steel City Securities Sub Broker Profit margin.
Sub Brokers experience a profit margin of 38% when they start an association with the Steel Securities franchise program.
A profit margin of 38% is a good indication of the potential profitability of the Steel Securities franchise program for Sub Brokers.
Steel City Securities Partner Profits
Find out all details about Steel City Securities Partner Profits, Expenses, Profit Margin & more here.
Monthly Revenue | |
No. of Active Clients | 250 |
Daily Trades per Clients | 1 |
Avg. Volume per Trade | 1,80,000 |
Brokerage per Trade | 0.13% |
Trading Days in 1 Month | 2 |
Total Brokerage Revenue | 1,17,000 |
Sub Broker’s Share (50%) | 58,500 |
Monthly Expenses | |
1 Telecaller Cost | 13,000 |
Misc. Expenses | 3,000 |
Total Cost | 16,000 |
Monthly Profit | |
(Revenue – Expenses) | 42,500 |
Profit Margin | 36% |
Another aspect of the profits is the Steel City Securities Partner profit margin, which is 36%.
Since the franchise model is already established, Partners can easily set up their own business from scratch.
Master Franchise of Steel City Securities - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
Steel City Securities Partner Infrastructure Requirement
Shop / Unit Area
Employee Strength
Research / Advisory
Trading Terminals Set-up
Telephone Lines
Computer / Internet Connectivity
Airconditioner
CCTV Set-up
The infrastructure requirements for becoming a Steel City Securities Franchise Partner include a shop area of 150-200 sq. ft., internet connectivity, 1-2 employees, and a CCTV setup.
With a CCTV system in place, Partners can monitor the activity within their business, deterring any potential criminal activity and addressing any instances of theft or misconduct.
In the event of a security breach or other emergencies, footage from the CCTV system can provide valuable evidence to aid in investigations and help authorities to resolve the issue quickly.
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Support extended by Steel City Securities Sub Broker Franchise
Service Pricing
Offers
Client Interaction Training
Relationship Manager Support
Back-Office Support
Trading Support
Advisory Support
Marketing Support
Business Management Software
Website Support
Operation Manual
Training Manual
The Steel City Securities Sub Broker program provides various support to its franchise owners, including training manuals, offers, back-office support, trading support, paid advisory support, operation manuals, and relationship manager support.
One of the critical benefits of relationship manager support offered by the Steel Securities Franchise Program is the personalized attention and guidance provided to partners.
A dedicated relationship manager serves as a single point of contact between the partner and the company, providing ongoing support and assistance in a variety of areas.
Franchise of Steel City Securities Sub Broker - Marketing Support
Unit Interior & Exterior Ads
Local Advertisement
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
Marketing support is crucial for Sub Brokers looking to build their business and achieve long-term success.
The company recognizes the importance of marketing and offers local advertisements and interior-exterior ads as a form of marketing support services to the Steel City Securities Authorized Persons.
Training provided by Steel City Securities Partner Program
Product Information Training
Dealers Training
Service Training
The Steel City Securities affiliate partners training program covers a range of areas, including dealer training, product information, and service training.
By providing this training, Steel City Securities helps ensure that its partners are well informed about the company’s products and services, as well as market trends and trading strategies.
Steel City Securities Franchise - Products & Services Offered
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
Insurance
Demat Services
3 in 1 Acount
IPO Services
Stock Recommendations
Robo Advisory
PMS
Exposure or Limit
Mobile App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Basket Trading
Steel City Securities authorized persons to receive a comprehensive range of products and services to cater to the diverse needs of its clients.
These include equity trading, options, futures, demat services, IPO services, insurance, trading terminals, mobile apps, and exposure.
The company’s focus on providing a wide range of products and services allows clients to make informed investment decisions based on their unique financial goals and risk profiles.
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Franchise for Steel City Securities - Revenue per Customer
Intraday
Delivery
Equity Options
Equity Futures
Commodity
Currency options
Currency Futures
Franchisee Qualification required by Steel City Securities Sub Broker
Age Limit
Business Experience
Academic Qualification
Documents Required to Start Steel City Securities Partner Program
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
Steel City Securities Sub Broker or Partner Dashboard
To know about the link to Steel City Securities Franchise Dashboard, check below.
Dashboard | |
Sub Broker | Dashboard Link |
The Steel City Securities Partner dashboard is a centralized platform for Steel City Securities’ partners to manage their business operations.
The dashboard provides a range of features and tools to help partners efficiently manage their clients, commissions, and business performance.
Steel City Securities Franchise Login
The Steel City Securities Franchise Login webpage is designed to provide access to Steel City Securities’ franchise partners to their individual accounts.
Once logged in, franchise owners can access various tools and resources essential for managing their day-to-day operations.
Steel City Securities Sub Broker Benefits
The Steel City Securities Franchise benefits are many. The brand value of 3.96/5 and overall rating of 4/5 indicates that its users highly respect and appreciate the program.
One of the significant benefits is that the franchise fee for Sub Brokers is less compared to other similar programs in the market.
This makes it a cost-effective option for those looking to start their own stockbroking business.
Steel City Securities Franchise Drawbacks
One potential Steel City Securities franchise drawback could be the paid advisory support, which may need to be more suitable or preferred by some individuals.
However, it is essential to note that paid advisory support is optional for Steel City Securities franchise partners. They can opt out of this service if they do not find it beneficial.
Steel City Securities Partner Program – Conclusion
With the highest number of VSAT-based connected centers, Steel City Securities Partner Program is dedicated to providing clients with efficient and reliable trading terminals.
Furthermore, the company offers effective management solutions to promote and expand the franchise business.
Steel City Securities should be on your list if you are looking for a franchise program that provides top-notch support, advanced technology, and a strong reputation.
FAQs on Steel City Securities Franchise Business
Check out various FAQs on Steel City Securities Affiliate Partner Program.
What does “Authorized Persons” mean?
In the financial services industry, “Authorized Persons” typically refers to Sub Brokers who are authorized by stockbrokers to perform certain activities on their behalf.
What is the current number of affiliate partners associated with Steel City Securities?
Currently, Steel City Securities has more than 80 affiliate partners linked to its business.
What is the revenue sharing percentage offered to Sub Brokers in the Steel City Securities?
Sub Brokers who are part of the Steel City Securities franchise program are eligible for a revenue sharing percentage between 60% to 75%.
In the context of Sub Broking, what is the definition of Referral Agents?
Referral Agents participate in the company’s Refer and Earn program as part of their franchise scheme.
By sharing referral links with their acquaintances, Referral Agents can earn Rs. 100 for each new client they refer to Steel City Securities.
What is the process for joining the Steel City Securities franchise?
To become a Steel City Securities franchise member, an individual must submit the necessary documents for review by the company’s staff.
Once the application is evaluated and deemed suitable, the applicant will be granted membership to the franchise.
What is the percentage of revenue sharing provided by Steel City Securities to its Partners?
Partners of Steel City Securities receive a fixed revenue sharing rate of 40%-50%.
What is the minimum age requirement for participating in the Steel City Securities Affiliate program?
To become a Sub Broker in the franchise program offered by Steel City Securities, an individual must have attained the minimum age of 21 years.
Do applicants need to have a trading account to apply for the Steel City Securities Sub Brokership?
Although having a trading account can be beneficial, it is optional for individuals who wish to apply for the Steel City Securities Sub Broker franchise program.
How much investment is needed to become a Sub Broker with Steel City Securities?
The investment required to become a Sub Broker under Steel City Securities typically ranges from zero to Rs. 40,000, depending on the individual’s preference.
How can Sub Brokers view their earnings under the Steel City Securities?
To access their earnings information under the Steel City Securities franchise program, Sub Brokers can log in to a dashboard provided by the company.
Is it recommended to participate in the Steel City Securities Partner program?
Given Steel City Securities’ reputation and know-how in the financial services industry, participating in their franchise program can benefit those interested in the field.