Suman Chakrvarty instigated Achiievers Equities with an aim to provide a transparent and service oriented accurate market scenario with the help of a highly qualified and time-tested research team. He has successfully achieved so, as Achiievers Equities is currently engaged as a profit making tool for its investors with its continuous and innovative products. The company had started operating in 1999 as a proprietary entity namely “Loknath Enterprise” and served as a sub-broker to ICICI Bank for a prolonged tenure. Later on, in October 2009, it was converted to a Public Limited Company under the provisions of the Companies Act, 1956. Achiievers Equities is registered with almost all the prominent Exchanges in India like, NSE, BSE, MCX, MCX-SX, NSEL, ACE, USD etc. and are currently operating with 6 Branches and 280 Business Partners (franchisees) throughout India. It operates with the network of 300+ trading centers throughout India and all these activities are coordinated from their corporate office located in Kolkata, West Bengal.
The Mastermind behind Achiievers Equities
The founder, MD and CEO of Achiievers Equities, Suman Chakrvarty, possesses strong leadership skills, vigor and a passion for excellence. He has over seventeen years of financial experience and has set new standards and established niche operations which has helped the organization to rise up to the level it currently holds.
Suman is a graduate in Science with MBA in Finance from ICFAI University. He believes in nurturing a culture that is entrepreneurial, result oriented, customer focused and based on teamwork. Moreover, he is a frequent dignitary on various national and regional television channels and has written several articles on financial planning and related issues in leading newspapers, magazines and digital media.
Suman’s work has been recognized and appreciated by leading institutions in India. He has been invited as a guest speaker in different forums of several reputed institutes and had been featured in leading financial magazines. His company Achiievers Equities has been awarded by 24MRC in association with Bloomberg TV & IBN7, Bengal Chamber of Commerce, Karnataka Small & Business Owners Association, SKOCH BSE award, The CEO Magazine etc., for its performance and services to the neglected class. Suman visualizes to uplift the neglected by offering complete financial solutions that encompasses every sphere of life.
Mission and Vision
Achiievers Equities is the vision shaped into reality with the core principles of transparency, honesty & integrity and is nourished with an unwavering commitment for excellence. Suman’s mission is to make Achiievers Equities pioneered in a multinational organization that is customer centric, innovative,and unique and responds to the changing needs of the clients.
Suman intended to make Achiievers Equities different from all the available platforms and had succeeded in doing so by incorporating an acute consciousness of its social and environmental footprint. The company has introduced innovative Zero Brokerage Plans to limit the traditional brokerage plans and change the rules of the game in the market. The company came up with four different plans (without any restrictions or conditions) to suit the purpose of investors:
- Trade Unlimited for a day for Rs.50/- only,
- Trade Unlimited for a month for Rs.750/- only,
- Rs.15/- per Trade, and
- Traditional Plans, allowing clients to pay as they trade.
Achiievers Equities have an expertise in advisory services in both cash and derivatives sides of the capital markets and commodity market and are also distributors of savings / investment instruments like Mutual Fund, Bonds, IPO, Corporate Fixed Deposit, and Insurance. Suman has made sure that the services are offered under total confidentiality and integrity with the sole purpose of maximizing returns to the clients.
Suman plans on expanding Achiievers Equities overseas and intends to go international by the end of FY2020-21. He is organizing a plethora of promotional campaigns and awareness programs within the coming years to create a better brand awareness for Achiievers Equities. The excellent operating results from their brokering business have allowed them to direct their capital towards expanding the business where they hold a competitive edge and major opportunities in the future. Suman’s vision of providing access to organized finance to the under-banked strata in the society is underway through Achiievers Group’s “Loan against Gold”. Suman is aiming to fulfill the financial inclusion of the poorest in India and helping convert a non-productive asset into an economic driver for prosperity.
Advice for Young Entrepreneurs
“Young leaders must be patient, humble and confident but be cautious to not confuse confidence with arrogance. Inspire others to take action by showing your own action, commitment and good work for a better world,” advises Suman. Being ambitious and taking risks are some of the qualities Suman stresses on. In order to achieve continued success Suman advises to have a constant and consistent sense of focus, a strong emotional engagement with the customers and a continuous pragmatic innovation. He further adds,“To attain continued growth, a company should be flexible and the business owners must become the leaders the business requires for each particular stage. An adaptive and flexible leadership style is an important aspect for any business to be successful.”Suman suggests that companies must define their short, medium, and long-term strategy and set reasonable goals to measure progress and cost/benefits. Beside these, he recommends selecting effective distribution channel, proper customer segmentation, and transparent policies in order to be successful.