Ashika Global Securities Private Limited

Ashika Global Securities Private Limited - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U65929WB1995PTC069046 Incorporated 08 March 1995 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹227.98 Cr
▲ 116% YoY
Net profit · FY 2024
₹22.21 Cr
Net margin 9.7%
EBITDA · FY 2024
₹162.76 Cr
EBITDA margin 71.4%
Authorised capital
₹66.35 Cr
Registered with MCA
Paid-up capital
₹59.99 Cr
Issued & subscribed
Open charges
₹235 Cr
Satisfied ₹74.75 Cr
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings

About Ashika Global Securities Private Limited

Data last updated:

Ashika Global Securities Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 March 1995 and has been in existence for over 31 years.

Its director Daulat Jain and family are #1,545 among India's richest people (2026). Its director Pawan Jain and family are #1,545 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65929WB1995PTC069046. Its GSTIN is 19AACCA7158A1ZW (West Bengal).

The company has an authorised share capital of ₹66.35 Cr and a paid-up capital of ₹59.99 Cr. It was formerly known as Ashika Global Securities Ltd. It is led by directors including Amit Jain and Daulat Jain.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Trinity 226/1 A J C Bose Road (W.E.F 7th Floor, Kolkata, West Bengal, India – 700020.

As per the financials filed for FY 2024, the company reported a revenue of ₹227.98 Cr, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹22.21 Cr (net margin 9.7%) and EBITDA of ₹162.76 Cr (EBITDA margin 71.4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 43% over five years.

Its group structure includes 7 subsidiaries.

As per MCA filings, the company has open charges of ₹235 Cr and satisfied charges of ₹74.75 Cr on record. Court records list 32 cases involving the company, including 21 filed by the company and 11 filed against it; 8 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹66.61 Cr; the latest was in March 2017. Its 6 peer companies in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Elcid Investments Limited with revenue of ₹235.77 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashikagroup.com.

Company details

CIN U65929WB1995PTC069046
Registration Number 069046
Incorporation Date 08 March 1995
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Ashika Global Securities has one previous CIN (Corporate Identification Number): U65929WB1995PLC069046. The current CIN is U65929WB1995PTC069046, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65929WB1995PTC069046Current
U65929WB1995PLC069046Previous
Key People
Amit Jain Director Babulal Bafna Additional Director Daulat Jain Director

Recognitions & Rankings of Ashika Global Securities

Contact details

Ashika Global Securities Private Limited's registered office is in Kolkata, West Bengal. Its website is ashikagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ashikagroup.com
  • Social Media
  • Apps
  • Registered Address
    Trinity 226/1 A J C Bose Road (W.E.F 7th Floor, Kolkata, West Bengal, India – 700020
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Ashika Global Securities Private Limited, buy the company report.

Comprehensive company report
Ashika Global Securities Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Ashika Global Securities is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Ashika Global Securities Private Limited, buy the company report.

Financials of Ashika Global Securities Private Limited

FY 2025 filings available

Ashika Global Securities Private Limited reported revenue of ₹227.98 Cr (up 116% YoY) for FY 2024.

Revenue · FY 2024
₹227.98 Cr ▲ 116%
Net profit · FY 2024
₹22.21 Cr margin 9.7%
EBITDA · FY 2024
₹162.76 Cr margin 71.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 49%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 249%
3 years · compounded
▲ 91%
5 years · compounded
▲ 144%

Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 116% growth in the latest year. EBITDA rose 249% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹162.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.21 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin71.4%
Net Profit Margin9.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ashika Global Securities Private Limited, buy the company report.

Board of directors of Ashika Global Securities Private Limited

Ashika Global Securities has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Jain
Also directs: Ashika Global Securities Limited, Ashika Business Private Limited, Puja Sales Promotion Pvt Ltd and 5 more
Director08 Sep 201511 Years 2 MonthsCurrent
Babulal Bafna
Also directs: Ashika Stock Services Limited, RKBS Traders & Suppliers LLP
Additional Director01 Aug 20251 Years 3 MonthsCurrent
Daulat Jain
Also directs: Crazy Vinimay LLP, Unity Dealtrade LLP, Flower Vintrade LLP and 5 more
Director08 Mar 199531 Years 8 MonthsCurrent
Pawan Jain
Also directs: Crazy Vinimay LLP, Unity Dealtrade LLP, Flower Vintrade LLP and 5 more
Director01 May 20215 Years 6 MonthsCurrent
Tapan Sodani
Also directs: Ashika Global Finance Private Limited, Ashika Stock Services Limited
Additional Director01 Aug 20251 Years 3 MonthsCurrent
View all directors

Peer comparison

Ashika Global Securities Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Elcid Investments Limited₹235.77 Cr (FY 2024)117.0%Mumbai, Maharashtra, India
Arihant Enterprises Ltd₹235.61 Cr (FY 2024)71.0%Kolkata, West Bengal, India
Akasa Finance Limited₹235.01 Cr (FY 2025)149.0%New Delhi, Delhi, India
Ashika Global Securities Private Limitedthis company₹227.98 Cr (FY 2024)₹22.21 Cr9.7%116.0%Kolkata, West Bengal, India
Reliance Ventures Limited₹224.01 Cr (FY 2019)-45.0%Mumbai, Maharashtra, India
Sindhuja Microcredit Private Limited₹222.9 Cr (FY 2024)72.0%Gautam Budh Nagar, Uttar Pradesh, India
Ratna Commercial Enterprises Private Ltd.₹222.57 Cr (FY 2019)48.0%Delhi, India

To see the full peer comparison of Ashika Global Securities Private Limited, buy the company report.

Auditor

Ashika Global Securities Private Limited is audited by P.K.SAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P.K.SAH & ASSOCIATESFY 2023322271E

Shareholding

The shareholding of Ashika Global Securities Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashika Global Securities Private Limited, buy the company report.

Charges & borrowings

Open charges
₹235 Cr
Satisfied charges
₹74.75 Cr
Breakdown by lending institutions
Others₹200.00 Cr
Tata Capital Financial Services Limited₹35.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Mar 2022100555544Others₹150 CrOpen
25 Mar 2021100433233Others₹50 CrOpen
15 Dec 2020100395798Tata Capital Financial Services Limited₹35 CrOpen
27 Mar 2024100904050Hdfc Bank Limited₹24.75 CrSatisfied
29 Oct 2021100499761Others₹40 CrSatisfied

To see the full charge records of Ashika Global Securities Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Ashika Global Securities Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹66.61 Cr; the latest was in March 2017.

Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹66.61 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: Puranmal Jain & Sons HUF
Seller: Ashika Global Finance Private Limited
Mar 2014Secondary share transferUndisclosedBuyer: Pawan Jain HUF, Daulat Jain HUF, Puranmal Jain & Sons HUF
Seller: Ashika Credit Capital Limited
Nov 2010Funding round₹45.6 CrInvestors: Ashika Share Trading Private Limited , Ashika Hedge Fund Private Limited , Ashika Global Finance Private Limited
Nov 2010Secondary share transferUndisclosedBuyer: Ashika Credit Capital Limited
Seller: Ashika Credit Capital Limited & Puranmal Jain, Ashika Credit Capital Limited & Kanchan Devi Jain
Jan 2010Secondary share transferUndisclosedBuyer: Ashika Credit Capital Limited , Ashika Credit Capital Limited & Kanchan Devi Jain, Ashika Credit Capital Limited & Puranmal Jain
Seller: Ashika Share Trading Private Limited , Ashika Hedge Fund Private Limited , Ashika Venture Capital Private Limited

To see the full deal history of Ashika Global Securities Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashika Global Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ashika Global Securities has 7 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

7
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Ashika Business Private LimitedU45100WB2004PTC098055
Ashika Commodities & Derivatives Private LimitedU51909WB2003PTC096985
Ashika Stock Broking LimitedU65921WB1994PLC217071
Ashika Stock Broking Ifsc Private LimitedU65929GJ2016PTC094597
Ashika Investment Managers Private LimitedU65929MH2017PTC297291
Ashika Global Family Office Services Private LimitedU66190WB2018PTC227019

To see the full group structure of Ashika Global Securities Private Limited, buy the company report.

GST

Ashika Global Securities has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AACCA7158A1ZWWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Ashika Global Securities Private Limited, buy the company report.

Recent activity

Ashika Global Securities Private Limited has 14 board changes on record since 1995: 5 appointments and 9 cessations. The latest: Babulal Bafna was appointed as Additional Director on 01 Aug 2025.

AGM
Ashika Global Securities Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Babulal Bafna was appointed as Additional Director.
Appointed
Tapan Sodani was appointed as Additional Director.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100904050 with Hdfc Bank Limited was fully satisfied on 26 May 2025.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100499761 with Others was fully satisfied on 23 May 2025.
Filing
Ashika Global Securities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 150.00 Cr registered on 11 Mar 2022 with Charge ID 100555544 was modified on 13 Dec 2024.
Charges
A charge with Others of Rs. 50.00 Cr registered on 25 Mar 2021 with Charge ID 100433233 was modified on 18 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.75 Cr with Charge ID 100904050 was registered on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100555544 was registered on 11 Mar 2022.
Charges
A charge with Others of Rs. 40.00 Cr registered on 29 Oct 2021 with Charge ID 100499761 was modified on 28 Feb 2022.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 35.00 Cr registered on 15 Dec 2020 with Charge ID 100395798 was modified on 23 Feb 2022.

18 earlier events are in the company report.

News

Frequently asked questions

Ashika Global Securities is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 March 1995 (31+ years old) and is registered under CIN U65929WB1995PTC069046.

Ashika Global Securities has 5 current directors:

The latest financial statements of Ashika Global Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ashika Global Securities is 19AACCA7158A1ZW, registered in West Bengal.

The CIN (Corporate Identification Number) of Ashika Global Securities is U65929WB1995PTC069046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashika Global Securities has 32 court cases on record: 21 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.

Ashika Global Securities was incorporated on 08 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.

Ashika Global Securities has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹66.61 Cr; the latest was in March 2017.

The peers of Ashika Global Securities by revenue are Elcid Investments Limited, Arihant Enterprises Ltd, Akasa Finance Limited, Reliance Ventures Limited, Sindhuja Microcredit Private Limited and 1 more, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).

Babulal Bafna was appointed as Additional Director on 01 Aug 2025. Tapan Sodani was appointed as Additional Director on 01 Aug 2025. Pawan Jain ceased to be Additional Director on 30 Nov 2021. Ashika Global Securities has 14 board changes on record in total.

Ashika Global Securities can be reached through the website ashikagroup.com. Its registered office is in Kolkata, West Bengal, India.