Ajcon Global Services Ltd - Company Profile

Q: Who are the current directors of Ajcon Global Services Ltd?

The current directors of Ajcon Global Services Ltd are Beverly S N Avalani, Rahul Atal, Kaushal Kumar Shukla, Ankit Ajmera Ashok, Anuj Ajmera Ashok, Ashok Ajmera Kumar, Sangeeta Vijay Kumar, Ankit Ajmera Ashok.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1986.

1986 Mumbai, Maharashtra, India Active

Last Updated: March 11, 2026

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About Ajcon Global Services Ltd

Ajcon Global Services Ltd, a active public limited company, was established on 19 December 1986 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: L74140MH1986PLC041941. Registered under ROC Roc Mumbai I. it is listed on BSE: 511692. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.12 Cr.

Formerly known as Ajmera Financial And Project Consultants Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹7.83 Cr and a net worth of ₹17.50 Cr. Employing 4 professional, Its leadership includes Beverly S N Avalani (Additional Director), Rahul Atal (Additional Director), Ankit Ajmera Ashok (Whole-Time Director). Past directors included Ajay Kumar Ajmera, Ragini Kamal Chokshi, Rajendra Kumar Bakiwala. It holds ₹7.45 Cr open charges and ₹3.07 Cr settled loans. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at 408 A-Wing Express Zone, Near Patels Western Express Highway , Goregaon East, Mumbai, Maharashtra, 400063.

Company Details

CIN/LLPIN
L74140MH1986PLC041941
Registration Number
041941
Incorporation Date
19 December 1986
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹6.12 Cr
ROC Code
Roc Mumbai I
Listing Status
Listed (BSE: 511692)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 11-03-2026
Paid Up Capital ₹ 6.12 Cr as on 11-03-2026
Company Age 39 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 7.45 Cr as on 11-03-2026
Satisfied Charges ₹ 3.07 Cr as on 11-03-2026
Revenue Growth **** -80.84% (FY 2023)
Profit Growth **** -76.88% (FY 2023)
Ebitda **** -55.85% (FY 2023)
Net Worth 3.25% (FY 2023)
Total Assets **** 15.03% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ajcon Global Services Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ajcon Global Services Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Beverly S N Avalani	Additional Director	01 Apr 2024	Current
Rahul Atal	Additional Director	01 Apr 2024	Current
Ankit Ajmera Ashok	Whole-Time Director	18 Jan 2005	Current
Anuj Ajmera Ashok	Whole-Time Director	22 Nov 2007	Current
Ashok Ajmera Kumar	Managing Director	01 Apr 1993	Current
Sangeeta Vijay Kumar	Additional Director	10 Feb 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Nov 2007	Past
Pramod Abcsdd	Additional Director	18 Sep 2015	Past
Pramod Abcsdd	Director	11 Sep 2022	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Company Secretary	18 Dec 2023	Past
Pramod Abcsdd	Company Secretary	01 Aug 2012	Past

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Financial Performance of Ajcon Global Services.

Ajcon Global Services Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 80.84% decrease. The company also saw a substantial fall in profitability, with a 76.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.25%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-80.84%

*******

Revenue from Operations

*******

-80.93%

*******

Total Assets

*******

15.03%

*******

Profit or Loss

*******

-76.88%

*******

Net Worth

*******

3.25%

*******

EBITDA

*******

-55.85%

*******

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What is the Ownership and Shareholding Structure of Ajcon Global Services?

In 2023, Ajcon Global Services had a promoter holding of 67.47% and a public holding of 32.53%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹74,500,000.00

Satisfied Charges

₹30,698,000.00

Charges Breakdown by Lending Institutions

Bank Of India : 7.15 Cr
Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Oct 2021	Bank Of India	₹1.50 M	Open
19 Jun 2021	Hdfc Bank Limited	₹3.00 M	Open
13 Aug 2009	Bank Of India	₹7.00 Cr	Open
16 Apr 2022	Bank Of India	₹2.20 M	Satisfied
02 Aug 2019	Hdfc Bank Limited	₹2.70 M	Satisfied

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How Many Employees Work at Ajcon Global Services?

Ajcon Global Services has a workforce of 4 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ajcon Global Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ajcon Global Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ajcon Global Services

Recent Activity within the Organization

Charges

Progress on A charge with Bank Of India of Rs. 7.00 Cr registered on 13 Aug 2009 with Charge ID 10174537 was modified on 10 Nov 2025. was documented.
10 Nov 2025
Annual General Meeting

Progress on Ajcon Global Services Ltd last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records. was documented.
21 Jul 2025
Charges

Progress on A charge registered on 16 Apr 2022 via Charge ID 100564466 with Bank Of India was fully satisfied on 10 Jul 2025. was documented.
10 Jul 2025
Balance Sheet

Progress on Ajcon Global Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.
31 Mar 2025
Director Appointment

The activity Sangeeta Vijay Kumar was appointed as a Additional Director was appointed as a Additional Director on 10 Feb 2025 & has been associated with this company since 1 year 1 month . was completed.
10 Feb 2025
Charges

Progress on A charge registered on 02 Aug 2019 via Charge ID 100295075 with Hdfc Bank Limited was fully satisfied on 20 Sep 2024. was documented.
20 Sep 2024

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