Ajcon Global Services: Incomparable Gamut of Financial Services Provider

The stock market is constantly buzzing with activities of the thousands of the investors. With the increased number of stocks that are transacted daily, the investors get a number of options to invest in. A constant overlook over the stock market trend can make the investor aware about the future condition of it. Important indications can be acquired through a study and analysis of the stock fundamentals.

Ajcon Global Services Ltd. (hereinafter referred to as “AGSL” or “the Company”) is a well known public listed company with a net worth of Rs 200 millions (along with its subsidiaries) engaged in providing various financial services for last 30 years. Ajcon Global Services Limited is a BSE listed well diversified financial service company offering a whole gamut of financial services such as Commodity Broking, Project Consultancy, Equity Research, Loan Syndication, Turnkey Projects, Stock Broking, Currency Broking, Depository Services, Market Making, Merchant Banking, Investment banking, Corporate Advisory Services, Start up funding  & Angel funding.

Financial Market Conqueror

Ashok Ajmera, Chairman & Managing Director of Ajcon Global Services, is a Chartered Accountant and possesses over 40 years of experience in Capital Markets, Financial Services and Investment Banking and has given more than 2500 TV interviews on almost all the business channels. He is on the Board of BSE Brokers Forum and associated with several other professional, social and cultural organisations. He also presented a well-researched paper on the ‘Indian economy’, with a foreword by the eminent tax expert and Supreme Court Advocate, Mr. Y.P Trivedi in Japan before 4,000 delegates way back in the year 1992, just after the full budget of Dr. Manmohan Singh as then Finance Minister.

Ajcon became a member in the National Stock Exchange (NSE) to setup the right infrastructure for stock broking/security trading and market research. The company’s public issue in 1995 was oversubscribed by over 25 times demonstrating the faith and confidence the investment community reposed in the company. The company is a member of National Stock Exchange for cash and F&O. The company is also a member of  Bombay Stock Exchange and is a depository participant of CDSL. The company successfully developed a strong client base all over the country and presently its securities turnover runs in thousand of crores.

A Journey of Positive Turnovers

There are many ups and down in the financial markets, but Ajcon remained focused on value based services as the friendly advisers to its clients. The company helped its clients create wealth through its researched based advises. The company efficiently executed more than 250 assignments of Project Financing and Loan Syndication under Ashok’s stewardship. He gained recognition as a leading project consultant, possessing strong implementation skills to transform corporate vision and strategy into profitable reality.

Ajcon’s team undertook challenging assignments and executed projects from scratch; initiating the plan and preparing detailed project reports till final disbursement of term loan and working capital facilities. Efficiently monitored day-to-day MIS of projects and proactively resolved hurdles at root level. Identifying right location sites for a number of projects and critically evaluating project feasibility and profitability, added a silver lining to the company’s credibility. Under guidance of Ashok, challenging assignments on restructuring and rehabilitation of sick units, filing of BIFR cases have been undertaken. The company has a proven history of turning around businesses in difficulty by advising on strategic and financial restructuring.

Current BFSI Industry with Demonetization

The industry has faced tough challenges post demonetization, but is limping back to normalcy. The future of BFSI is very bright as India will be a financial power to reckon with in next few years.

Customers’ Interest is Prime

The main strategy Mr. Ajmera states, is to always keep customers’ interest supreme. He says the company is in the service industry where customer satisfaction is a key for success. Ajcon with the objective to serve the clients in an unparalleled manner with utmost satisfaction and to be known as an expert in financial & capital markets. The company has transacted numerous corporate transactions for clients. It has successfully advised its corporate clients of M&A, noticeable amongst those was a deal to hive off a division by its Indian client to a Spanish Company for a deal value of over INR 350 crores.

Thrive with Compliant Motto

Ashok’s advice to the startups and the one who are going to start is, “Survey, analysis, planning, execution and evaluation anything you plan to do, adopt professional approach and have faith in your abilities to deliver.”

Ajcon has placed itself well in the markets and the marketing strategies are always in place. Ajcon has a tie up with the Bank Of India the 3rd largest public sector bank, for the online equity trading for banks’ customers on Ajcon’s platform www.pyarapaisa.com. 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.

Source :- The 10 Fastest Growing BFSI Companies