Ashika Stock is a key player in the stock market with hundreds of Ashika Stock Sub brokers working under them across India.
It is a private company that was founded in 1994 by Pawan Jain, FCA. It has been successfully serving its customers for over 25 years. Their headquarters are in Kolkata, West Bengal. The company provides full brokerage service to its customers.
In this article, we will be going over important and different points about Ashika Stock Sub Broker. We will go over the details like offers, benefits, and other programs covered by the company.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 60% – 80% |
| Security Deposit | Rs.50,000 – Rs.150,000 |
| Become Sub Broker in | 30 Days |
| Receive Payout in | 35 Days |
| Founder | Pawan Jain, FCA |
| Established Year | 1994 |
Ashika Stock Franchise – Customer Ratings
Find the below table to know the Customer Ratings of Ashika Stock Sub Broker:
| Experience | 2.5/5 |
| Services | 2.4/5 |
| Products | 2.2/5 |
| Trading Platforms | 2.6/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.1/5 |
| Security Deposit | 2.2/5 |
| Offers | 2.4/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
Ashika Stock Broking is one of the oldest companies in the stock market, they have managed to gain some positive and trusting customers over time.
Hence, the rating of the company over different categories like Experience, Products, Services, Revenue Sharing Model, Support, Security Deposit, and offers including the market share and overall rating has been ranging from 2.1 to 2.6 out of 5.
They have managed to gain 3 stars out of 5 which is above an average rating. These ratings were given by the people who worked with the company and enjoyed their services and thus rated the company over their experience.
Overview of Ashika Stock Franchise / Sub Broker
Details about Ashika Stock Franchise are given in the below table:
| Company Type | Private |
| Broker type | Full-Service Broker |
| Headquarters | Kolkata, West Bengal |
| Founder | Pawan Jain, FCA |
| Established Year | 1994 |
| SB Code Activation Time | 30 Days |
| Payout Time | 35 Days |
Ashika Stock Broking is a private company that presents full brokerage services to every customer.
It was established by Pawan Jain in the year 1994 and has its headquarters in Kolkata, West Bengal.
The SB Code Activation time needed for the Ashika Broker is thirty days and their pay-out time is thirty-five days.
Become a Sub Broker with Ashika Stock – Just Fill up the form
Compare Sub Broker Franchise
Ashika Stock Sub Broker – Business Models
Find below table for details:
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | Yes |
There are four types of Business models that different companies can use. They are Master Franchise, Sub broker, Referral Program, and Remisier.
The models used by the Ashika Stock company are:
- Sub Broker
- Referral Program
Ashika Stock Sub broker Commission / Revenue Sharing
Find the below table to know Ashika Stock Securities Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | NA |
| Sub Broker | 60% – 80% |
| Remisier | NA |
| Referral Program | Rs.1000 per Refer |
In this model, the company offers other various sub-brokers its franchise, and the brokers are at the liberty to work under the company name.
This model lets monopoly businesses let more than one sub-broker of the same company work at the same place with other sub-brokers of the same company.
Check out Revenue Sharing of other Sub Brokers
Ashika Stock Franchise Cost / Security Deposit
The below Tables gives a good understanding of Ashika Stock Securities Franchise Cost:
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.150,000 |
| Remisier | NA |
| Referral Program | Zero |
The security deposit that you need to make with Ashika Stock in order to work with the company is as below:
- For Sub Broker Business Model, you need to procure a minimum amount of Rs.50,000 and the maximum amount that you can take up is Rs.150,000. You must keep in mind that the higher will be the investment thus higher will be the revenue generated.
- For Referral Program, you need to make zero payments for this business model.
Here are Security Deposit info of other Stock Broking Franchise
Ashika Stock Partner Infrastructure Requirement
Check the table to know Ashika Stock Partner Infrastructure Requirements:
| Office Area | Minimum 100 SqFt |
| Employee Strength | Minimum 2 |
| Research Services | No |
| Internet Connection | No |
| Trading Terminals | Yes |
| Telephone Lines | Yes |
If you wish to be the broker under the Ashika Stock then you need to have the following conditions fulfilled to get the work. These are basic rules that mostly every company needs. Here are the rules:
- You should at least have 100 Sq. Ft. area as your office under your possession.
- And should have at least 2 employees working for you.
- You should have Trading Terminals.
- It is important that your office should have a telephone line connected to your office.
Ashika Stock Sub Broker Offers
Find below various Ashika Stock Capital Share Sub Broker Offers:
| Zero Deposit | Yes |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | No |
Ashika Stock provides basic and best offers to its customers. The people of the company feel that it is very vital to provide everyone with enough opportunities. Hence, these are the offers provided by the company:
- You have to make a zero deposit.
- You can have flexible Revenue sharing.
Check out other companies Sub Broker Offers
Ashika Stock Franchise Support
The below table consist of various support provided by the Ashika Stock Authorised Person program:
| Marketing Support | Yes |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | Yes |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | Yes |
The company provides support for its people. You can feel the support on every step you need to take on your way through the year. Here are some countable support points that the company provides:
- Marketing Support
- Back-Office Support
- Trading Support
- Advisory Support
- Product Training
We are not born with the knowledge of everything, hence, having training about the product helps a lot to work around the product.
Ashika Stock Authorised Person – Brokerage Charges to Clients
The table gives proper information of Ashika Stock Brokerage charges levied to its Franchise Clients:
| Equity Delivery | 0.30% |
| Equity Intraday | 0.04% |
| Equity Futures | 0.04% |
| Equity Options | Rs.50 per Lot |
| Currency Futures | 0.04% |
| Currency Options | Rs.25 per Lot |
| Commodity | 0.04% |
The Brokerage charges provided by the company to its Sub-brokers are basically based according to the market rates only.
They charge 0.30% for Equity Delivery, 0.04% for Equity Intraday, 0.04% for Equity Futures, and Equity Options as Rs. 50 per Lot, 0.04% for Currency Futures, Rs. 25 per Lot for Currency options, and 0.04% for Commodities.
Ashika Stock Partner – Account Opening Charges to Clients
The table gives proper information on Ashika Stock Account opening charges levied to its Franchise Clients:
| Demat AMC | Rs.350 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Rs.300 |
| Transaction Charges | 0.00315% |
| Margin Money | Minimum Rs.20,000 |
The charges acquired by the clients working for the Ashika Stock are valid and very reasonable. The charge is Rs.350 per Annum for Demat AMC.
They provide free Trading AMC. They charge Rs, 300 for the Account Opening and the transaction charges are 0.00315%. The Margin Money is Rs. 20,000 at a minimum.
Become a Sub Broker with Ashika Stock – Just Fill up the form
Find detailed review of other Sub Broker Franchise
List of Top Ashika Stock Securities Partners/ Business Partners
| Company List | Remisiers Name | Trade Name | Remisiers Registration No. |
| ASHIKA STOCK | J.P. Enterprises | J.P. Enterprises | R/0912/07274/03/09/2005 |
| ASHIKA STOCK | Lokesh Kumar Jain | Lokesh Kumar Jain | R/0912/08402/18/11/2005 |
| ASHIKA STOCK | Naveen K. Patwari | Naveen K. Patwari | R/0912/07633/28/09/2005 |
| ASHIKA STOCK | Om Prakash Munshi | Om Prakash Munshi | R/0912/07822/06/10/2005 |
| ASHIKA STOCK | P. C. Investments | P. C. Investments | R/0912/06503/08/07/2005 |
| ASHIKA STOCK | Pravin Kumar Khemka | Pravin Kumar Khemka | R/0912/08629/29/11/2005 |
| ASHIKA STOCK | Pravin Sharma | Pravin Sharma | R/0912/09940/17/03/2006 |
| ASHIKA STOCK | Swarup C. Jain | Swarup C. Jain | R/0912/07632/28/09/2005 |