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INTRODUCTION
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Ajcon
Global Services Limited (hereinafter referred
to as “AGSL” or “the Company”),
is a well known public listed Company with networth
of over Rs 900.00 lacs engaged in providing various
financial services for last 20 years. The Company
is a well diversified financial services Company
offering a whole gamut of services such as Stock
Broking, Commodity Broking, Depository Services,
Project Consultancy, Market Research, Loan Syndication,
Turnkey Projects and Corporate Advisory Services.
It is headed by Mr. Ashok Kumar Ajmera, a well
known Chartered Account and Market Expert with
a rich experience of 30 years. |
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The Company
aims to become a one-stop shop for all services
by expanding its scope of financial services further
and also to offer its services all over India
by setting up an intensive branch network. To
increase its scale of operations and to open a
larger number of branches, upgrade existing technology
and augment its working capital, the Company is
looking at raising funds through private equity
placement. |
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Ajcon Global Services Limited,
was incorporated in 1986, in Mumbai, as Ajmera
Financials and Project Consultants Pvt. Ltd with
the object of consulting entrepreneurs and established
companies in new projects and raising financial
resources. |
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The Company efficiently executed
more than 200 assignments of Project Financing
and Loan Syndication and gained recognition as
a leading project consultancy firm, possessing
strong implementation skills to transform corporate
vision and strategy into profitable reality. In
1994, the Company widened its horizon and diversified
its business by entering into the Capital Markets.
Ajmera Financials and Project Consultants Pvt.
Ltd was rechristened as Ajcon Capital Markets
Ltd. to reflect the diversified business focus
in Capital Markets, which was later changed to
Ajcon Global Services Limited to reflect Company’s
global reach in financial services activities.
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The Company, with Mr. Ashok
Ajmera as the Chairman & Managing Director,
went public in January 1995. It became a member
in the National Stock Exchange (NSE) to setup
the right infrastructure for stock broking/security
trading, market research. The Company’s
public issue was oversubscribed by over 25 times
demonstrating the faith and confidence the investment
community reposed in the Company. The Company
successfully developed a strong client base all
over the country and presently its securities
turnover runs in thousand of crores. |
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In 2004, the Company expanded
its reach from the domestic markets to the international
markets by entering into a tie-up with a company
in USA for providing financial services. |
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Over the years, the Company
has established goodwill as the front-runner in
the field of Stock Broking, Project Consultancy,
Market Research, Loan Syndication, Turnkey Projects
and Corporate Advisory Services. Standing by its
motto 'Either find a way or make a new one', the
Company has strived to provide the best of financial
solutions to its customers. |
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