Ashika Global Securities Ltd (AGSL) is the Holding Company of Ashika Group. It is a RBI registered Non-Banking Financial Company (NBFC). The Company was incorporated with the Registrar of Companies, West Bengal on 8th March 1995 as a Public Limited Company. It is a profit making entity, which is actively engaged in providing short-term loans; inter corporate deposits & Advances to group companies & clients of Ashika Group. In addition to these the Company provides margin funding to clients who trades through our group company, Ashika Stock Broking Limited.
“Margin Funding” is a scheme of providing of loan facility to clients who are investing in specified share & securities, where AGSL will be financing the transaction of the clients maximum to 70% of specified amount of the fund as per the specified securities list and balance shall be invested by client . This helps the client to leverage his resources and also helps ASBL in increasing its business volumes. .
The company at present has three wholly owned subsidiary namely Ashika Stock Broking Ltd, Ashika Capital Ltd, Ashika Commodities & Derivatives Pvt Ltd & one fellow subsidiary namely Ashika Logistics Pvt. Ltd. (formerly known as Ashika Insurance Broking & Risk Management Pvt Ltd) .
RBI NBFC No: 05.00008