Ajcon Global Services Ltd share Price

Ajcon Global Services Ltd. is a financial sector company, having its market capitalization worth Rs. 12.84 Cr as of 15 May 2021. The company was incorporated in 1986. The company has reported its consolidated quarterly revenue of Rs. 10.09 Cr. at the end of Dec.2020. This company is found listed on the Bombay Stock Exchange (BSE) only, having the code 511692. Ajcon Global Services Ltd deals in stockbroking, commodity broking, depository services, project consultancy, market research, loan syndication, turnkey projects, and corporate advisory services chartered accountants Mr Ashok Kumar Ajmera heads the company. Ajcon was founded by Ashok Ajmera, FCA as “Ajmera Financials and Project Consultants Pvt. Ltd and change its name twice to represent its global reach. Company structure involves three wholly-owned subsidies Ajcon finance limited, Ajcon Comtrade Pvt. ltd., and Kanchanmanik Securities Private Limited. The company is listed on BSE since 1995, The company is a registered stockbroker with Bombay Stock Exchange, National Stock Exchange, MCX-SX for Cash and Futures and Options (F&O) (through subsidies), MP Stock Exchange, and set up a retail broking business under Branch and Franchisee Model. The company has associated with the Bank of India (BOI) to provide trading service to their customer through its online trading portal www.pyarapaisa.com. In 2004, the company had tied up a USA firm to provide international financial products. Further, Ajcon Global is a SEBI registered Category 1 Merchant Banker. The company has obtained ISO 9001:2008 certificate and became a Depository Participant of CDSL. The company has also obtained Non – Deposit-taking NBFC Registration from RBI for its subsidiary company and become a depository participant of CDSL. The company has managed Private Equity deals and made a foray into the SME Exchange by registering as 'Market Makers' with NSE and BSE. Acted as Market Maker for one BSE-SME Company. AGSL became a country representative of a large real estate private equity fund. By 2021, Ajcon Global has managed Lead as Merchant Banker, an SME issue amongst the first six issues listed on BSE – SME Exchange. Also, fully underwritten the said issue. Ajcon Global limited is a company having zero promoter pledges and also improving its cash flow from operations for the past years.