I have created a singleton class and I want to create a class which is subclass of this singleton class, what is the correct method to do it
If Jon didn't convinced you to not do it, you should do it this way:
In your superclass, init your singleton instance with [[[self class] alloc] init] so then you always get an instance of the class with which you are calling the sharedInstance method. And you don't have to overwrite the sharedInstance method in your subclass.
[SuperClass sharedInstance] //-> instance of SuperClass
[SubClass sharedInstance] //-> instance of Class