Online discount broking start-up Avighna Trades aims to achieve revenues of Rs.60 Crore and a customer base of 3,00,000 by 2022
20 February 2019, New Delhi – Mumbai based online discount broking start up Avighna Trades has announced that it plans to grow its revenues to Rs. 60 Crore and customer base to 3,00,000 by 2022. A SEBI registered broker with membership of NSE and MCX, Avighna offers trading services in equities, F&O’s and commodities to Indian traders and NRI’s. The company is among the few players to offer commodity trading and plans to add IPO’s, insurance and mutual funds to its offering in the near future.
Driving the company’s growth plans are the twin engines of next-generation technology platform and superior customer service. On the technology front, Avighna Trades offers a robust platform through a trader suite of web, desktop and mobile platform. Customer delight is at the core of the company’s philosophy of offering a superior and differentiated experience to customers. Adhering to this philosophy, Avighna Trades offers a hassle-free way to sign up for customers with zero paper work. Customers need to only connect their Aadhar card and upload their documents in a jiffy. Additionally, it has a dedicated 24/7 customer support department. In order to help its customers, make informed trading and investment decisions, the company soon plans to conduct customer education programs through webinars, blogs and events.
Commenting on the development Mr. Shivendra Foujdar, Founder and Managing Partner -Avighna Trades said, “We have plans to grow its revenues to Rs. 60 Crore and customer base to 3,00,000 by 2022. We offers lower of Rs. 21 or 0.01% of the turnover per executed order for intraday, futures and delivery-based transactions and Rs 21 per executed order for options transactions. It offers high leverage of up to 5 times on equity and commodity trading, as well as free trading and de-mat account opening with no minimum balance for customers. Additionally, all trading and other software are given free to customers, adding to the rich experience”.
About Avighna Trades
Incorporated in 2018 and based in Mumbai, Avighna Trades is a discount broking company offering trading services in equities, F&O’s and commodities to Indian traders and NRI’s. A SEBI registered broker (NSE – SEBI Registration No.: 90138-INZ000171224 and MCX: SEBI Registration no.: 55790-INZ000158516), currently it is a member of NSE and MCX. Driven by a firm belief in the power of technology to offer cost effective and effortless broking solutions, the company provides a robust web and mobile platform for executing end to end trades. Avighna Trades offers lower of Rs. 21 or 0.01% of the turnover per executed order for intraday, futures and delivery based transactions and Rs 21 per executed order for options transactions. It offers high leverage of up-to 5 times on equity and up-to 5 times on commodity trading, as well as free trading and demat account opening with no minimum balance for customers .Additionally all trading and other software are given free to customers, adding to the rich experience. For more information please visit www.avighnatrades.com
For further details contact –
Advent Public Relations
Kheman Kumar |+91 9871829296| [email protected]
Arzoo Tanwar |+91 9780841269| [email protected]
