- Business
- Ajcon Global Services Limited provides diversified financial services including stock broking in equity, futures and options, and currency segments on BSE, NSE, and MCX-SX; commodity broking through its subsidiary Ajcon Comtrade Pvt Ltd; depository participant services with CDSL; merchant banking as a SEBI-registered Category 1 entity covering issue management, takeovers, buybacks, delisting, and SME public offerings; investment banking encompassing private equity, mergers and acquisitions, and restructuring in domestic and international markets; corporate advisory for loan syndication, project financing, and over 300 deals; equity research with coverage on Bloomberg and Moneycontrol; portfolio analysis; mutual fund distribution via Ajcon EduFin P Ltd; home finance and loans through group company Heartbeat Loans; and financial crime training via www.fincrimeexpert.com. Founded in 1986 as Ajmera Financials and Project Consultants Pvt Ltd in Mumbai, the company, headquartered at 408 A-Wing, Express Zone, Western Express Highway, Goregaon East, Mumbai, expanded into capital markets in 1994, went public in 1995, and operates primarily across India with nationwide trading terminals, empanelled with over 35 banks and institutions including Bank of India for online trading via www.pyarapaisa.com, serving retail, HNI, institutional clients, mid-market businesses, and large corporations. Subsidiaries include Ajcon Finance Ltd (NBFC), Ajcon IT.Com Ltd (IT solutions), Ajcon Infra Projects Pvt Ltd (infrastructure), and Kanchanmanik Securities Pvt Ltd (securities broking). Recent developments include approval of a 10-for-1 stock split of equity shares with face value Rs 10 each, postal ballot outcome announced in June 2025, unaudited Q1 FY26 results in August 2025, audited FY25 results with balance sheet filing in May 2025, the 38th AGM on July 21, 2025, and a scheduled board meeting on November 10, 2025 for Q2 results.