Quick Summary
Ajcon Global Services Limited’s official SEBI complaint disclosure shows zero complaints across every reporting period from 2017-18 through March 2026. A separate set of five detailed Google Play reviews describes a very different picture, recurring app lockouts after 6 PM, server outages that reject valid passwords, a week-long connection failure, no desktop backup when the app fails, and a Power of Attorney linkage failure that left one client unable to sell shares. This page covers all five reviews in full, then the complete official complaint data behind the firm’s clean regulatory record.
Step away from the corporate credentials and the official complaint sheet, and a different picture of Ajcon Global Services Limited emerges from how everyday retail traders describe using the app.
The overwhelming majority of retail reviews for Ajcon’s mobile application on public marketplaces are heavily negative, and several describe the same underlying problems in specific, dated detail.
This page goes through all five reviews in full, then covers the complete official complaint data alongside them.
What Do Users Say About Ajcon Global Services Limited?
Five detailed reviews, spanning January 2021 through March 2023, describe a consistent pattern of app reliability failures rather than a single isolated complaint.
1. Locked Out After 6 PM on Working Days
Gaurav Raj, reviewing on 27 June 2020, describes a constant network connection error that appears “all the times,” calling the app very poor and useless.
The review specifically flags that the app locks users out after 6:00 PM even on normal working days, while competing platforms allow round-the-clock access.
For a working professional trying to review charts or portfolios after office hours, that restriction removes exactly the window when they would actually have time to check their account.
2. Server Outages and Rejected Passwords
Joe Ferns, reviewing on 29 March 2023, calls the app “a joke” that “never works,” describing a server that is down most of the time, and when it does work, rejects a valid password anyway.
The reviewer states they would not have opened an account with the firm had they known about these issues earlier, and specifically connects the problems to the firm’s tie-up with Bank of India, stating an intention to close the account.
3. An Entire Week of Connection Failures
Premanshu Shekhar, reviewing on 31 May 2020, writes that they wish there was a minus rating available, calling it the worst app ever, and describing a “check network connection” error message that had persisted for a full week at the time of writing.
A short review, but a telling one. A connection failure lasting a single day could be an isolated glitch. One lasting an entire week, with active positions potentially sitting in the market throughout, is a materially different kind of risk.
4. No Website to Fall Back On
Rajesh Nair, reviewing on 16 May 2021, describes a recurring “Connection error.
Check your Internet Connection / Contact Administrator” pop-up every time they attempt to log in, and states there is no alternative website to log in with the same credentials.
This review points to a structural gap, not a one-off bug.
When a broker’s app breaks down, and no separate desktop browser login exists, a client is left with no way to check positions or exit trades until the app itself starts working again.
5. A Power of Attorney That Was Never Linked
A reviewer identified as “123 456”, posting on 6 January 2021, describes opening a Demat account with Bank of India under its trading tie-up with Ajcon, only to find that Ajcon never completed the Power of Attorney linkage needed for share delivery.
The reviewer states that even after many days, the account still was not linked with the BOI Demat, leaving them unable to sell shares they were holding.
Unlike the app-connectivity reviews above, this describes an administrative failure rather than a technical one, but the practical effect is the same: a client unable to exit a position when they needed to.
Taken together, these five reviews describe two distinct but related failure patterns.
Four point to app and server reliability, lockouts, rejected passwords, and outages lasting from hours to a full week.
The fifth points to a back-office failure that left a client’s shares effectively frozen. Neither pattern shows up in the firm’s own formal complaint disclosure, covered in full below.
We are reporting what these reviewers said on a public platform. We are not independently verifying every detail of these accounts, and no SEBI order confirming this conduct has been issued as of the date of this review.
If your issue involves a linkage or delivery failure like the one described above, the complaint against stock broker page on this site covers the formal process for raising that.
For the full registration verification and the firm’s service overview, the Ajcon Global Services Ltd page on this site covers both in detail.
Ajcon Global Services Limited Complaints
SEBI requires every registered broker to disclose investor complaint data across current month, monthly trend, and annual summary formats.
Ajcon’s disclosure covers all three, and the numbers are worth reading in full rather than as a single headline figure.
Current Monthly Status, data for the month ending March 2026
| Received From | Received | Resolved | Pending |
|---|---|---|---|
| Directly from Investors | 0 | 0 | 0 |
| SEBI (SCORES) | 0 | 0 | 0 |
| Stock Exchanges | 0 | 0 | 0 |
| Other Sources | 0 | 0 | 0 |
| Grand Total | 0 | 0 | 0 |
The monthly trajectory tells the same story across three full years.
From April 2023 through March 2026, every one of 36 consecutive months shows zero complaints carried forward, received, resolved, or pending.
The annual redressal trend extends the pattern back even further.
Every financial year from 2017-18 through 2025-26, nine consecutive years, shows zero complaints carried forward, received during the year, resolved during the year, or pending at year-end.
An empty complaint log across nine years and 108 consecutive months is, on its face, a genuinely clean regulatory record. It is also worth reading against what this page’s reviews section describes above.
A near-zero formal complaint count is consistent with a small active retail trading base relative to major discount platforms, where a handful of frustrated users abandoning the app quietly, rather than filing a SCORES complaint over what they consider an app issue, would not necessarily register in this data at all.
Neither explanation cancels the other out. The regulatory disclosure is accurate as far as it goes.
The user reviews describe a separate, real pattern that this particular disclosure format was never designed to capture.
Where Can You Report a Problem With Ajcon Global Services?
If your own experience matches what these reviewers describe, several genuine channels exist to put it on record, each suited to a different kind of issue, from a simple app flag to a formal binding decision.
- Flag the app itself: Use the Report or Flag option on the Google Play listing where you left your review. This will not resolve a financial dispute, but it adds to the public record other users see before signing up.
- Contact the firm’s Compliance Officer: Ajcon Global Services Limited names Kaushal Shukla in this role. Keep a dated copy of your email, since escalation depends on showing you raised the issue with the firm first.
- File a SEBI SCORES complaint: SEBI SCORES is the formal regulatory starting point for a loss or service failure, using registration number INZ000173933.
- Escalate to the SMART ODR portal: If SCORES does not resolve things, the SMART ODR portal offers free online mediation between you and the firm.
- Move to arbitration if needed: The arbitration in stock market page on this site covers the final, binding stage through NSE or BSE.
Locked out of your Ajcon account or unable to sell shares due to a linkage failure?
We help you document the downtime or delivery failure with time-stamped evidence, then prepare your regulatory filing so your case is not dismissed for lack of proof. Register with us for a free consultation.
Conclusion
Ajcon Global Services Limited’s official complaint record is spotless across nine years and every reporting format SEBI requires.
Five detailed, independently posted reviews describe a very different everyday experience: recurring lockouts, server failures lasting up to a week, no web-based fallback, and one client left unable to sell shares after a Power of Attorney was never linked.
Neither the clean disclosure nor the negative reviews tell the whole story alone.
Read both sides before you decide, and if your own experience already matches what these reviewers describe, document it now rather than waiting.
Report, Recover, Stay FraudFree
Frequently Asked Questions
Reviews describe recurring lockouts after 6 PM, server outages that reject valid passwords, connection failures lasting up to a full week, and no desktop website available as a backup when the app itself fails.
Its official SEBI disclosure shows zero complaints across every month and year from 2017-18 through March 2026. This does not fully reflect the app-reliability issues described in independent user reviews.
A reviewer states they opened a Demat account through Ajcon's tie-up with Bank of India, but the firm never completed the Power of Attorney linkage needed for share delivery, leaving them unable to sell their shares for an extended period.
Yes. A low formal complaint count can reflect a smaller client base or clients who abandon a service quietly rather than filing a regulatory complaint, so it does not contradict a separate pattern of user-reported reliability issues.
The Ajcon Global Services Ltd page on this site covers the full SEBI registration verification, including its stock broking, depository, merchant banking, and research analyst registration numbers.
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