About Karan

Ashish Bimawala, a firm that provides a full suite of financial services while maintaining high standards not just in service and relationships, but also in keeping customers’ interests ahead of theirs for over 3 generations with a 4,000+ Active Client Base.

Directors Ashish & Karan, a father-son duo run the business together.

Karan went to Mumbai to pursue a Master’s degree in Security Markets from NISM, he also worked with a few large companies, Reliance Mutual Funds (Now Nippon India) and Sykes and Rays Equities (to name few) operating in this field. He also went to London, one of the global financial hubs, to learn more about Global trends.

Karan is back to Bilaspur to serve the business built by his forefathers, leaving back his options of working with MNCs in Mumbai and London.

Ashika is one of India’s
leading retail financial services grouphelping individuals, companies, funds and institutions, raise, trade, manage and distribute their wealth and assets.

We now serve over +1,00,000 varied investor groups across 600 locations in over 20 states in India.

Who we are

Ashika Stock Broking Ltd, a flagship company of the Ashika Group is backed by a data-driven approach, solid research, customer-centric service philosophy, trust-based advice & competitively priced products. Since inception, Ashika Stock Broking has been instrumental in creating financial well-being for its clients/patrons and delivered impeccable service quality in a consistent & dedicated manner. The company has ensured that its clients are serviced with agility and accuracy.

Our journey so far

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 is engaged in carrying gamut of activities mainly Capital and Future & Option Market Segment, Currency Derivative Segment, Commodity Segment, Wholesale Debt Market Segment, Securities Lending & Borrowing Scheme, Self Clearing Member, Clearing Member, Research Analyst services, Depository Participant – CDSL & NSDL, Mutual fund & IPO Marketing, Online Trading, Margin Trading facility (MTF).

These services are a result of expertise in research and stock broking. The company has a client base of more than 115000 including HNI, Corporate & retail. The company has more than 550 Authorized Persons covering about the major cities all across the country and still in the process of growing further. Further more than more than 55+ Institutions (Mutual Fund Houses, Pension Fund, Insurance, FIIs, Bank & others) with more than 600 UCC (Unique Client Code) of Institutions are registered with all the exchanges.

On the institutional stock broking business, Ashika Stock Broking Ltd has empanelled more than 60 institutions and delivers credible & data-driven research with the support of a dedicated team. The professional leadership at Ashika Stock Broking Ltd has always steered the company in a way to deliver immense value for its stakeholders across both institutional & non-institutional categories.

Our gamut of activities

  • Capital Market Segment – BSE, NSE & MSEI
  • Future & Option Market Segment – BSE, NSE & MSEI
  • Currency Derivative Segment – MSEI, BSE, BSE
  • Commodities – NSE, BSE, ICEX, MCX, NCDEX
  • Securities Lending & Borrowing scheme – BSE & NSE
  • Depository services – CDSL & NSDL
  • Dedicated research calls & long-term investment calls
  • Mutual fund marketing & distribution
  • IPO analysis & syndication
  • Online Trading & single-click reports
  • Self Clearing Member – NSE F&O
  • Clearing Member – NSE – CDX