ASHIKA STOCK BROKING LIMITED (ASBL) was incorporated on 12th August 1994, under the Companies Act, 1956 as Ashika Financial Services Pvt. Ltd. and subsequently changed its name to Ashika Stock Broking Pvt. Ltd. on 14th February 1996. Further on 4th March 1996 the status of the company was converted to Public Limited and consequently the name was changed from Ashika Stock Broking Pvt. Ltd. to Ashika Stock Broking Ltd. It is the wholly owned subsidiary of Ashika Global Securities Ltd.
The company started its journey in the year 1994 as a financial service provider and from thereon it moved ahead by expanding and diversifying its scope of services. It got registered as Member of the National Stock Exchange of India Limited (cash, futures and option and currency derivative segment), The Bombay Stock Exchange (cash, future and option segment and wholesale debt market segment), MCX Stock Exchange Ltd. (currency derivative segment) and dealer of OTC Exchange of India. The Company is also a Depository Participant for equities at CDSL and NSDL and AMFI Registered Mutual Fund Distributor. Further the Company is also registered as Self Clearing Member with NSE and acts as Portfolio Manager. It got empanelled as SLB Member in Securities Lending & Borrowing (SLB) scheme with BOISL (BSE) & NSE. Recently, it has also become the Depository participant with NSDL and CDSL for the National Spot Exchange Ltd.
The objective remains unchanged: to provide an attractive one-stop array of services to clients, leveraging advanced technologies and systems.
ASBL expertise in research and stock broking gives the Company the right perspective to provide its clients with investment advisory service. At ASBL, we enjoy a 81,000-plus client base comprising HNI, corporate and retail . Presently we have over 600 branches / sub brokers/ remisier all across the major cities of the country.
The Company is in the process of expansion of its business activities. ASBL’s offices are located at Kolkata, Mumbai, Hyderabad and other major parts of the country. The offices are networked and well-equipped with advance technology to catalyze effective and smooth business operations.
ASBL’s private V-SAT, RF LINK and Internet VPN technologies facilitate smooth and efficient networking of stock broking activities among its various branches and strategic locations where the trading terminals are installed.
ASBL has extended the facility of online trading, E contract notes and total access to all internet-enabled account-related information to clients, leveraging the advantages of cyber technology.
Ashika is led by a professionally managed team, comprising dynamic and result-oriented individuals, operating in a flexible, transparent and forward-looking work culture. This has enabled the Company to record impressive growth consistently.
investorgrievanceredressel@ashikagroup.com