Ashika Stock Sub Broker / Franchise / Authorised Person / Partner Review

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.

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 offers

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 Sub BrokerAshika 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.

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    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:

    1. Sub Broker
    2. 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.

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    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.

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    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.

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    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.


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      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