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Ajcon Global Services Ltd. (India)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Ajcon Global Services Ltd. Profile Updated: April 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ajcon Global Services Ltd. is a well-known public listed company based in Mumbai, India. It has been providing various financial services for the past 30 years. The company offers a wide range of services including stock broking, commodity broking, depository services, project consultancy, equity research, loan syndication, turnkey projects, corporate advisory services, and merchant banking. The company is headed by Mr. Ashok Kumar Ajmera, a renowned Chartered Accountant and Market Expert with 40 years of experience. Ajcon Global Services Ltd. was incorporated in 1986 as Ajmera Financials and Project Consultants Pvt. Ltd. with the objective of consulting entrepreneurs and established companies in new projects and raising financial resources. Over the years, the company has successfully executed more than 300 assignments of project financing and loan syndication, gaining recognition as a leading project consultancy firm. In 1994, the company diversified its business by entering into the capital markets and changed its name to Ajcon Capital Markets Ltd. In 2004, it further expanded its reach to international markets through a tie-up with a company in the USA. Ajcon Global Services Ltd. is a member of the National Stock Exchange (NSE) and a depository participant of CDSL. The company has a strong client base across the country and its securities turnover runs in thousands of crores. It is empanelled with numerous banks and institutions for their secondary market operations. Ajcon Global Services Ltd. also offers equity broking, currency broking, commodity broking, depository services, corporate advisory services, investment banking, merchant banking, and equity research. The company's equity research division provides guidance and investment advice based on industry, sector, capital markets, and companies. Their research reports are widely published and have a wide viewership across the globe.

Legal Address
408, A-Wing, Express Zone,, Near Patels, W. E. Highway
Mumbai; Maharashtra; Postal Code: 400063

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Website: http://www.ajcononline.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1986
Key Executives
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Executive Director
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Executive Director & CFO
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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66.74%
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21.92%
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10.49%
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0.85%
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Subsidiaries
Ajcon Comtrade Pvt.Ltd.
100%
Kanchanmanik Securities Pvt.Ltd.
100%
Ajcon Finance Ltd.
79%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-34.43%
Total operating revenue
-34.43%
Operating profit (EBIT)
2.96%
EBITDA
3.03%
Net Profit (Loss) for the Period
-24.53%
Total equity
0%
Operating Profit Margin (ROS)
5.69%
Net Profit Margin
1.18%
Return on Equity (ROE)
-6.37%

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