Refer to the following documents for the AP Registration: | Information required | | Details | Individual | Corporate | Partnership/LLP | | Name of AP | Yes | Yes | Yes | | Contact no | Yes | For the company and all directors | For All Partner | | Email ID | Yes | For the company and all directors | For All Partners |
Eligibility criteria & Conditions of Appointment | | Particulars | Description | | Type Of Constitution | - Individual, Partnership Firm, LLP or Body Corporate
| | Eligibility Criteria for Individuals |
- Should be a citizen of India.
- Should not be less than 18 years of age.
- Should not have been convicted of any offense involving fraud and dishonesty.
- Should not be registered as AP with any other Member. Should not be Partner/Director of an existing AP.
- Should have a good reputation and character.
- 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 | - All the partners and directors, as the case may be, must comply with the eligibility criteria for individuals given above.
- 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.
- 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.
- 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.
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| Documents required: | | Details | Individual | Corporate | Partnership/LLP | | Office Address Proof | - Passport,
- Driving license,
- Voter ID
- Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
- Electric Bill in the name of the applicant,
- Telephone Bill (only landline) in the name of the applicant
- A ration card in the name of the applicant
- Copy of ownership agreement,
- Copy of Aadhaar Card
- Copy of Rent Agreement
| - Bank passbook/statement with the latest statement of the transaction (not older than 3 months), duly attested by the bank.
- Electric Bill in the name of the applicant,
- Telephone Bill (only landline),
- Copy of notarized ownership agreement (Hindi, English).
| - Bank passbook/statement with the latest statement of the transaction (not older than 3 months), duly attested from the bank.
- Electric Bill in the name of the applicant,
- Telephone Bill (only landline),
- Copy of notarized ownership agreement (Hindi, English).
| Residential Address proof (For individual/ All directors/all partners | - Passport
- Driving license,
- Voter ID
- Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
- Electric Bill in the name of the applicant,
- TelephoneBill (only landline),
- Ration card
- Copy of ownership agreement,
- Copy of Aadhar Card
| - Passport
- Driving license
- Voter ID
- Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
- Electric Bill in the name of the applicant,
- Telephone Bill (only landline),
- Ration card
- Copy of ownership agreement,
- Copy of Aadhar Card
| - Passport
- Driver's license
- Voter ID
- Bank passbook/statement with the latest statement of the transaction (not older than 6 months), duly attested by the bank.
- Electric Bill in the name of the applicant,
- Telephone Bill (only landline),
- Ration card
- Copy of ownership agreement,
- Copy of Aadhar Card
| Education Proof (for individual/all)
directors/all partners) | Copy of education certificate, education mark sheet-Minimum Secondary Exam | Copy of education certificate, education mark sheet-Minimum Secondary Exam | Copy of education certificate, education mark sheet-Minimum Secondary Exam | | Pan card | Proprietor | Organization, shareholders, and all directors | The firm and all partners | | Notarised Affidavit (in case of name mismatch) | Individual | All directors | All Partners | | Aadhaar | Individual | All Directors & Shareholders | All Partners | | Other Documents | Nil | - MOA
- AOA
- Incorporation
- Certificate from ROC
| - Partnership Deed
- Registration
- Certificate from ROF
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Charges: | Category | NSE AP | BSE AP | MCX AP | Registration charges.
| ₹5,900 (₹5,000 + GST per segment) | ₹4,720 (₹4,000 + GST per segment) | ₹2,360 (₹2,000 + GST per segment) | AMC CHARGES
| ₹5,900 (₹5,000 + GST) Annually | ₹4,720 (₹4,000 + GST) Annually | ₹1,180 p.a. (₹1,000 + GST) (charged ₹250 per quarter for Active AP)
| | AP cancellation charges | Nil | ₹1,180 per segment (₹1,000 + GST) | ₹2,360 (₹2,000 + GST) |
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