What we do Ashika Credit Capital Ltd offers financial services including issue management, merchant banking, stock broking, and investment in capital markets, targeting corporate advisory and financing needs. |
Founded in 1,994 |
Market share Not a market leader but growing presence in merchant banking and financial services through diversified subsidiaries. |
Problem solved It facilitates capital raising, corporate restructuring, mergers, acquisitions, and provides investment and financing solutions to clients. |
Top clients or who we serve Serves corporate clients, entrepreneurs, and investors via B2B services in merchant banking, stock broking, and private equity sectors. |
Key management Pawan Jain (Chairman), Daulat Jain (Managing Director), Chirag Jain (CEO) with strong experience in finance and capital markets. |
Our journey and innovations Started in 1994, listed in 2000, expanded from issue management to diversified finance including sponsoring AIFs and mutual fund plans. |
Where we operate Primarily in India with presence in major stock exchanges like NSE, BSE, and CSE. |
Top products or what we offer Issue management and advisory services, merchant banking, stock broking via subsidiaries, private equity advisory, and asset management. |
Top brands Ashika Credit Capital Ltd, Ashika Stock Broking Ltd, Ashika Private Equity Advisors Pvt Ltd; known for category I merchant banking authorization. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, linked to market conditions and capital market activities. |
Our industry position Emerging player in financial services with strategic expansion into asset management and alternative investment funds. |
Financial highlights FY 2024-25 revenue ₹4.29 Cr; reported loss ₹51.48 Cr due to market volatility; transitioning business focus towards capital market investments. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion into asset management, alternative investments, strategic acquisitions, and capital raising activities drive growth. |
Our future plans Launching Asset Management and Trustee Companies; sponsoring AIFs and Mutual Funds; expanding presence in capital markets. |
Our green promise - |
Our people and values Strong governance with balanced board, focus on compliance, ethics, and inclusive workplace culture. |
Key challenges ahead Market volatility impacting financial results; need to mitigate fair value losses and scale new business lines effectively. |
Interesting facts Listed on BSE Main Board in 2023; over 53 public/right issues managed as advisors; acquired majority stake in private equity advisory firm. |
Risks and strategy Market flow risks mitigated by diversification into asset management and structured finance solutions; proactive regulatory compliance. |
