How can a company, partnership firm, or LLP register as an Authorized Person (AP) with Jainam?

How can a company, partnership firm, or LLP register as an Authorized Person (AP) with Jainam?

  • The process is similar to individual AP registration but requires additional documents. Refer to the enclosed Document list for details.
Information required
DetailsIndividualCorporatePartnership/LLP
Name of APYesYesYes
Contact no

Yes

For the company and all directorsFor All Partner
Email IDYesFor the company and all directorsFor All Partners


Eligibility criteria & Conditions of Appointment
ParticularsDescription
Type Of Constitution
  • Individual, Partnership Firm, LLP or Body Corporate
Eligibility Criteria for Individuals

  1. Should be a citizen of India.
  2. Should not be less than 18 years of age.
  3. Should not have been convicted of any offense involving fraud and dishonesty.
  4. Should not be registered as AP with any other Member. Should not be Partner/Director of an existing AP.
  5. Should have a good reputation and character.
  6. Should have passed at least 10th standard or equivalent examination from an institution recognized by the Government.
  • The Authorised Person shall also have the necessary infrastructure, like adequate office space, equipment, and manpower, to effectively discharge the activities on behalf of the Trading Member.
Eligibility Criteria for a Partnership Firm, LLP or Body Corporate
  1. All the partners and directors, as the case may be, must comply with the eligibility criteria for individuals given above.
  2. The Object Clause of the Partnership Deed or the Memorandum of Association must contain a clause permitting the Partnership/Company to deal in the securities business.
  3. Partnership Firm/LLP or Company should not be AP of any other Member. The Partners/Directors should not be AP of any member in an individual capacity. The Partners/Directors should not be the partner/Director of any other AP.
  4. The Authorised Person shall also have the necessary infrastructure, like adequate office space, equipment, and manpower, to effectively discharge the activities on behalf of the Trading Member.

Documents require:
DetailsIndividual   CorporatePartnership/LLP
Office Address Proof
  1. Passport,
  2. Driving license,
  3. Voter ID
  4. Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
  5. Electric Bill in the name of the applicant,
  6. Telephone Bill (only landline) in the name of the applicant
  7. A ration card in the name of the applicant
  8. Copy of ownership agreement,
  9. Copy of Aadhaar Card
  10. Copy of Rent Agreement
  1. Bank passbook/statement with the latest statement of the transaction (not older than 3 months), duly attested by the bank.
  2. Electric Bill in the name of the applicant,
  3. Telephone Bill (only landline),
  4. Copy of Notarized ownership agreement (Hindi, English).
  1. Bank passbook/statement with the latest statement of the transaction (not older than 3 months), duly attested from the bank.
  2. Electric Bill in the name of the applicant,
  3. Telephone Bill (only landline),
  4. Copy of Notarized ownership agreement (Hindi, English).

Residential Address proof

(For individual/

All directors/all partners
  1. Passport
  2. Driving license,
  3. Voter ID
  4. Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
  5. Electric Bill in the name of the applicant,
  6. TelephoneBill (only landline),
  7. Ration card
  8. Copy of ownership agreement,
  9. Copy of Aadhar Card
  1. Passport
  2. Driver's license
  3. Voter ID
  4. Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
  5. Electric Bill in the name of the applicant,
  6. Telephone Bill (only landline),
  7. Ration card
  8. Copy of ownership agreement,
  9. Copy of Aadhar Card
  1. Passport
  2. Driver's license
  3. Voter ID
  4. Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
  5. Electric Bill in the name of the applicant,
  6. Telephone Bill (only landline),
  7. Ration card
  8. Copy of ownership agreement,
  9. Copy of Aadhar Card
Education Proof(For individual/all)
directors/all partners)		Copy of education certificate, education mark sheet- Minimum Secondary ExamCopy of education certificate, education mark sheet-Minimum Secondary ExamCopy of education certificate, education mark sheet- Minimum Secondary Exam
Pan cardProprietorOrganization, shareholders, and all directorsThe firm and all partners
Notarised Affidavit (in case of name mismatch)IndividualAll directorsAll Partners
AadhaarIndividualAll Directors & ShareholdersAll Partners
Other DocumentsNil
  1. MOA
  2. AOA
  3. Incorporation
  4. Certificate from ROC
  1. Partnership Deed
  2. Registration
  3. Certificate from ROF

 

Processing Fees
1. For NSE AP Registration = ₹5000/- per segment (plus GST) = ₹5900 
2. For BSE AP Registration = ₹4000/- per segment (plus GST) = ₹4720/-
3. For MCX AP Registration = ₹2000/- per segment (plus GST) = ₹2360/-
4. Charged ₹250/- (plus GST) = ₹295/- per quarter for active APs only.