JM Financial Ltd

Fri 9/10/2026,13:59:59 | NSE : JMFINANCIL

₹118.36-2.24 (-1.86%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 121.04

Previous Close

₹ 120.60

Volume

1808958

Mkt Cap ( ₹ Cr)

₹ 11327.11

High

₹ 122.17

Low

₹ 116.90

52 Week High

₹ 182.50

52 Week Low

₹ 112.00

Book Value Per Share

₹ 115.22

Dividend Yield

2.69

Face Value

₹ 1.00

What's Your Call?

Collective community sentiment on JM Financial Ltd

Your Vote -

Buy

87.53%

Hold

1.08%

Sell

11.40%

87.53%

1483 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

25%

Sell Order Quantity

75%

Bid Price

Qty

118.58

65

119.00

65

119.00

58

119.00

2

119.00

49

Bid Total

172771

Bid Price

Qty

118.61

119

119.00

23

119.00

151

119.00

255

119.00

282

Bid Total

523222

Option Chain

Analyzes market sentiment, predicts JM Financial Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • JM Financial - Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Second Quarter And Half Year

    6 Oct 2026, 6:17PM JM Financial Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and ap
  • JM Financial - General Updates

    28 Sep 2026, 10:41PM JM Financial Limited has informed the Exchange that the Company has received an intimation today from JM Financial Credit Solutions Limited (the JMFC
  • JM Financial - Announcement under Regulation 30 (LODR)-Acquisition

    28 Sep 2026, 10:35PM Please find attached intimation under Regulation 30 of SEBI Listing Regulations.
  • JM Financial - Trading Window

    28 Sep 2026, 3:12PM JM Financial Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201
  • JM Financial - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    25 Sep 2026, 2:41PM Pursuant to the exercise of stock options by the eligible employees under the Employees' Stock Options Scheme (\ESOS\), the Allotment Committee of the
  • JM Financial - Allotment of Securities

    25 Sep 2026, 2:29PM JM Financial Limited has informed the Exchange regarding allotment of 45000 securities pursuant to ESOP/ESPS at its meeting held on September 25, 2026
  • JM Financial - General Updates

    10 Sep 2026, 8:35PM JM Financial Limited has informed the Exchange about disclosure Under Regulation 30 of the SEBI Listing Regulations
  • JM Financial - Disclosure Under Regulation 30 Of The SEBI Listing Regulations

    10 Sep 2026, 8:33PM Please find enclosed intimation under Regulation 30 of the SEBI Listing Regulations.
  • JM Financial - General Updates

    3 Sep 2026, 2:31PM JM Financial Limited has informed the Exchange about the ESG Rating provided by NSE Sustainability Ratings & Analytics Limited
  • JM Financial - Disclosure Under Regulation 30 Of The SEBI Listing Regulations

    3 Sep 2026, 2:29PM Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by NSE Sustainability Ratings
  • JM Financial - Credit Rating

    31 Aug 2026, 8:53PM JM Financial Limited has informed the Exchange about Credit Rating
  • JM Financial - Announcement under Regulation 30 (LODR)-Credit Rating

    31 Aug 2026, 8:47PM Please find enclosed intimation of Credit Rating under Regulation 30 of SEBI Listing Regulations
  • JM Financial - Disclosure Under Regulation 30 Of The SEBI Listing Regulations

    25 Aug 2026, 7:46PM Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by Crisil ESG Ratings & Analyt
  • JM Financial - General Updates

    25 Aug 2026, 7:45PM JM Financial Limited has informed the Exchange about the ESG Rating provided by Crisil ESG Ratings & Analytics Limited
  • JM Financial - General Updates

    20 Aug 2026, 7:44PM JM Financial Limited has informed the Exchange about the ESG Rating provided by ESG Risk Assessments & Insights Limited
  • JM Financial - Disclosure Under Regulation 30 Of SEBI Listing Regulations

    20 Aug 2026, 7:43PM Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by ESG Risk Assessments & Insi
  • JM Financial Q1 net profit down 98.13% at Rs 2.50 cr

    17 Aug 2026, 7:00AM The company reported standalone net profit of Rs 2.50 crore for the quarter ended June 30, 2026 as compared to Rs 133.45 crore in the same period last
  • JM Financial - Copy of Newspaper Publication

    11 Aug 2026, 5:41PM JM Financial Limited has informed the Exchange about Copy of Newspaper Publication
  • JM Financial - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Aug 2026, 3:11PM JM Financial Limited has informed the Exchange about transcript of the earnings conference call held on Tuesday, August 4, 2026.
  • JM Financial - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    10 Aug 2026, 2:55PM Please find attached transcript of the earnings conference call of the Company held on Tuesday, August 4, 2026.
  • JM Financial - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Aug 2026, 7:48PM JM Financial Limited has informed the Exchange about Link of Recording
  • JM Financial - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    4 Aug 2026, 7:47PM Please find enclosed Audio Recording of Earnings Conference Call held today i.e. on August 4, 2026.
  • JM Financial - Shareholders meeting

    4 Aug 2026, 1:39AM JM Financial Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 03, 2026. Further, the company has
  • JM Financial - Shareholders meeting

    4 Aug 2026, 12:56AM JM Financial Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 03, 2026
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Outcome of AGM

    4 Aug 2026, 12:54AM Please find attached the summary of the proceedings of the 41st AGM of the Company held on August 3, 2026 at 4:00 pm
  • JM Financial - Investor Presentation

    3 Aug 2026, 9:26PM JM Financial Limited has informed the Exchange about Investor Presentation
  • JM Financial - Announcement under Regulation 30 (LODR)-Investor Presentation

    3 Aug 2026, 9:24PM Please find enclosed Investor presentation.
  • JM Financial - Press Release

    3 Aug 2026, 2:55PM JM Financial Limited has informed the Exchange regarding a press release dated August 03, 2026, titled ""Consolidated Net Revenue of Rs. 883 crores fo
  • JM Financial - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    3 Aug 2026, 2:55PM Please find attached Press Release of the Company
  • JM Financial - Outcome of Board Meeting

    3 Aug 2026, 2:43PM JM Financial Limited has submitted to the Exchange the Outcome of Board meeting held on August 3, 2026.
  • JM Financial - Board Meeting Outcome for Outcome Of Board Meeting

    3 Aug 2026, 2:43PM Please find attached outcome of Board Meeting
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Unaudited Financial Results

    3 Aug 2026, 2:49PM Please find attached financial results for the first quarter ended June 30, 2026
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    4 Aug 2026, 1:37AM Please find attached Scrutiniser's Report
  • JM Financial - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Jul 2026, 4:12PM JM Financial Limited has informed the Exchange about Schedule of meet
  • JM Financial - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Jul 2026, 4:09PM Please find enclosed intimation under Regulation 30 of SEBI Listing Regulations with respect to Earnings call intimation.
  • JM Financial - Resignation of Director/KMP/SMP

    23 Jul 2026, 9:30PM JM Financial Limited has informed the Exchange about Resignation of Director/KMP/SMP
  • JM Financial - Resignation

    23 Jul 2026, 9:02PM JM Financial Limited has informed the Exchange that Mr. Chirag Negandhi has ceased to be a Senior Management Person of the Company, with effect from t
  • JM Financial - Announcement under Regulation 30 (LODR)-Change in Management

    23 Jul 2026, 8:54PM Pursuant to Regulation 30 of SEBI Listing Regulations we wish to inform you that Mr. Chirag Negandhi has ceased to be a Senior Management Person of th
  • JM Financial has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    21 Jul 2026, 7:00AM As of June 2026, 57.03% is owned by Indian Promoters and 42.97% by Public. <p align=justify> Institutional holds 22.45% (Insurance Companies 0.07%) an
  • JM Financial - Board Meeting Intimation for Consideration Of Unaudited Financial Results For The First Quarter Ended June 30,

    14 Jul 2026, 8:13PM JM Financial Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and ap
  • JM Financial - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Jul 2026, 6:56PM JM Financial Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • JM Financial - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    14 Jul 2026, 6:40PM We are enclosing the certificate of compliance under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 as received by us from
  • JM Financial - Copy of Newspaper Publication

    11 Jul 2026, 2:39PM JM Financial Limited has informed the Exchange about Copy of Newspaper Publication
  • JM Financial - Letter To Members - Annual Report For The Financial Year 2025-26 And Notice Of The 41St Annual General Meeting

    10 Jul 2026, 11:56PM Please find enclosed intimation regarding letter to Members providing the weblink and QR code for the Annual Report for FY 2025-26 and
  • JM Financial - General Updates

    10 Jul 2026, 11:56PM JM Financial Limited has informed the Exchange regarding Letter to Members providing weblink and QR code of Annual Report for the FY 2025-26 and Notic
  • JM Financial - General Updates

    10 Jul 2026, 11:21PM JM Financial Limited has informed the Exchange about the Business Responsibility and Sustainability Report of the Company for the financial year 2025-
  • JM Financial - Business Responsibility and Sustainability Reporting (BRSR)

    10 Jul 2026, 11:19PM Please find enclosed Business Responsibility and Sustainability Report of the Company for the financial year 2025-26.
  • JM Financial - Reg. 34 (1) Annual Report.

    10 Jul 2026, 11:08PM Please find enclosed Annual Report of the Company for the financial year 2025-26
  • JM Financial - Notice Of The 41St Annual General Meeting Of JM Financial Limited Scheduled To Be Held On August 3, 2026

    10 Jul 2026, 11:01PM Please find enclosed the notice of the 41st Annual General Meeting of JM Financial Limited scheduled to be held on August 3, 2026
  • JM Financial - Shareholders meeting

    10 Jul 2026, 10:57PM JM Financial Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 03, 2026
  • JM Financials

    21 Feb 2025 , 9:54AM The company has received an order from the Deputy Commissioner of Income Tax with respect to the assessment year 2008-09. As per the said order, the company will receive a tax refund worth Rs 230 crore. Positive
  • JM Financial

    21 Oct 2024 , 1:21PM The Reserve Bank of India has lifted the restrictions imposed on JM Financial Products, a material subsidiary of the company, with immediate effect. RBI in March this year had restricted the company from financing against shares & debentures. Now, the company is allowed to provide financing against shares and debentures. Positive
  • JM Financial

    11 Mar 2024 , 10:02AM SEBI has barred the company from taking any new mandate for acting as a lead manager for any public issue of debt securities. In an interim order, SEBI said JM Financial may continue to act as a lead manager for the public issue of debt securities for a period of 60 days from the date of this order, and the observations made in the order are based on the material available on record and that the investigation into this matter will be completed in six months. Negative
  • JM Financial

    6 Mar 2024 , 9:41AM The Reserve Bank of India has directed the company to stop any form of financing against shares and debentures with immediate effect. This includes the sanction and disbursal of loans against the initial public offer of shares as well as against subscriptions to debentures. Negative.
  • IRB Infrastructure, JM Financial

    16 Jun 2020 , 10:11AM IRB Infrastructure: The Management Administration and Share Transfer Committee of the Board of Directors of the Company has allotted 9.55% Secured, Redeemable, Listed, Rated Non-Convertible Debentures of face value of Rs. 10 lakh each, for cash at par, aggregating to Rs. 300 Crores on a private placement basis to an eligible investor.
  • JM Financial plans to raise $101.8m through QIP route

    10 Jun 2020 , 11:05AM JM Financial rises over 5% to Rs. 74.80, after company launches a qualified institutional placement
  • JM Financial board hikes FPI investment limit. Stock Up

    20 Dec 2019 , 10:16AM JM Financial rises over 5% to Rs. 97, after board nods to raise capital and increases the FPI investment limit
  • JM Financial

    17 Dec 2019 , 11:17AM The company’s board is to meet on 19 December to consider fundraising by the way of issue of equity shares, other instrument including fully/partly convertible debentures, non- convertible debentures.

Key fundamentals

Evaluate the intrinsic value of JM Financial Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 4759.05 4461.45 4109.53 3816.74 3736.51
Liabilities 4759.05 4461.45 4109.53 3816.74 3736.51
Equity 95.64 95.58 95.56 95.48 95.41
Gross Profit 464.18 372.64 324.11 176.93 374.27
Net Profit 693.14 538.74 309.6 273.07 327.78
Cash From Operating Activities 61.49 161.5 518.48 -264.72 202.99
NPM(%) 82.95 64.35 43.12 81.26 58.47
Revenue 835.57 837.2 717.93 336.04 560.55
Expenses 371.39 464.56 393.82 159.11 186.28
ROE(%) 6.28 4.88 2.8 2.47 2.97

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
12 Jun 2026 1.75 175 2.75 130.36
14 Nov 2025 1.5 150 2.75 161.93
13 Jun 2025 2.7 270 2.75 105.8
07 Jun 2024 2 200 2.75 78.1
19 May 2023 0.9 90 2.75 63.3
24 Nov 2022 0.9 90 2.75 73.8
07 Jul 2022 1.15 115 2.75 64.6
17 Feb 2022 0.5 50 2.75 73.4
28 May 2021 0.5 50 2.75 80.55
15 May 2020 0.2 20 2.75 62.85
10 May 2019 0.5 50 2.75 88.1
31 Jan 2019 0.5 50 2.75 83
10 May 2018 1.1 110 2.75 137.8
31 Jan 2018 0.7 70 2.75 166.95
11 May 2017 0.85 85 2.75 120.85
02 Feb 2017 0.65 65 2.75 72.6
23 May 2016 0.85 85 2.75 42.9
11 Feb 2016 0.6 60 2.75 38.9
08 Jun 2015 0.8 80 2.75 49.45
05 Feb 2015 0.55 55 2.75 54.5
25 Jun 2014 0.55 55 2.75 28.55
07 Feb 2014 0.45 45 2.75 24.5
22 Jul 2013 0.5 50 2.75 25.65
15 Feb 2013 4 40 2.75 19.95
02 Aug 2012 0.6 60 2.75 11.9
20 Jul 2011 0.6 60 2.75 24.05
20 Jul 2010 0.5 50 2.75 31.65
01 Sep 2009 0.2 20 2.75 42.55
16 Jul 2008 25 250 2.75 1550.25
28 Aug 2007 5 50 2.75 1056

Peers

Other companies within the same industry or sector that are comparable to JM Financial Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
IBL Finance Ltd 64.45 3.70 66.44 298.38 9.87 0.00
360 One Wam Ltd 1041.30 0.02 33.66 4899.60 2981.44 0.00
Abans Financial Services Ltd 201.43 0.21 8.04 611.20 940.34 0.00
Finkurve Financial Services Ltd 68.50 1.62 32.62 1531.16 185.89 0.00

Company Info

The Company was incorporated as a private limited company on 30th January 1986 in the name of J M Share & Stock Brokers Pvt. Ltd. The Company has been promoted by JMFICS to engage directly or indirectly in the business of share and stock broking, finance broking, underwriting of securities including shares, debentures, etc. The present issued, Equity Share JMFICS and, therefore, by virtue of Section 4 of the Act, the Company is a subsidiary of JMFICS. On JMFICS becoming a deemed public limited company by virtue of the Companies (Amendment) Act, 1988 read with the Companies Act, 1956, on 15th June, 1988, the Company also became a deemed public limited company as of that date pursuant to the applicable provisions of the Companies Act, 1956. Subsequently, the Company became a public company by making necessary alterations in its Articles of Association. As stated earlier, the main object of the Company is to enlarge directly or indirectly in the business of share and stock broking, and other related capital market activities such as underwiting of securities and Portfolio Management. To act as a stock broker, it is necessary for a company to be a member of a stock exchange. Under the guidelines issued by the Government of India, corporate entitles are permitted to be enrolled as members of a stock exchange, provided. i) that the Company is formed in compliance with the provisions of Section 322 of the Companies Act, 1956; ii) that a majority of Directors of the Company are shareholders of the Company and also members of the Stock Exchange; and iii) that the Directors of the Company who are members of the Stock Exchange have unlimited liability in the Company. Since the Company is not in a position to comply with the aforesaid conditions, it has been proposed that the Company would carry on its share and stock broking activities through a number of affiliates (Stock Broking Companies/Partnership Firms/Individual Stock Brokers) who would be members of various Stock Exchanges. 2006 -JM Financial launches a private equity fund 2007 - JM Financial Ltd has informed that the Board of Directors of the Company has decided to appoint Mr. Paul Sebastian Zuckerman as an additional director on the Board of the Company. Mr. Zuckerman will be an independent director of the Company. 2008 -The Company has issued Bonus Shares in the Ratio of 3:2. - The Company has splits its face value from Rs10/- to Rs1/-. 2009 - The Board has recommended a dividend of Re 0.20 per share. - Finance Asia Country Awards for Achievement - best equity House in India. - Best Workplaces in India - Ranked among top 50 companies by Great Places to Work Institute. 2010 - Board recommended a normal dividend of Re. 0.25 per share and a "silver jubilee special dividend" of Re. 0.25 per share on account of this being the twenty-fifth year of the Company. - JM Financial - South Africa's Rand Merchant Bank and JM Financial sign MoU on Strategic Co-operation. 2011 - Board recommends a dividend of Rs. 0.60 per share. - IFLR India Awards - JM Financial wins "Team of the Year" in the Indian Investment Banks category. - JM Financial Services received the highest Broker Grading of BQ1 by the rating agency, CRISIL. 2012 - The Company has appointed Mr. Keki Dadiseth as an additional director on the Board of the Company. Mr. Dadiseth will be an independent director of the Company. - The Board has recommended a dividend of Re. 0.60 per share. - The Company at its meeting held on March 30, 2012, has re-appointed Mr. Nimesh N Kampani as the Managing Director. - UTI MF and CNBC TV-18 Financial Advisor Awards - JM Financial Services honoured as the Best Performing National Financial Advisor - Institutional. - The Great Place to Work Awards 2012 conducted by The Great Place to Work Institute, India in Partnership with Economic Times. 2013 -JM Financial announced Vikram Pandit will make a strategic investment in JM Financial with potential additional investments in its NBFC, proposed bank and a joint distressed asset fund. - JM Financial Asset Management Among Top 100 India's Best Companies - The Company received M&A Atlas Awards. -Registered Office of the Company is being changed from: 141, Maker Chambers III, Nariman Point, Mumbai - 400 021 Phone: 022-6630 3030 Fax: 022-22028224 To: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Phone: 022 - 6630 3030 Fax: 022 - 6630 3223. 2014 - JM Financial announced that it has received a significant capital investment in its real estate lending subsidiary company, FICS Consultancy Services Limited (FICS). - The Company received The Asset's Triple A Country Awards. - JM Financial Services Ltd awarded UTI MF & CNBC-TV18's Financial Advisor Awards 2013-14. - JM Financial Services Limited - Ranked 41st amongst India's 100 Best Companies. 2015 -The Asset Triple A Country Awards -The Acquisition International 2015 M&A Awards -JM Financial Services Limited -Ranked 1st in the Investments Industry Category in India's Best Companies To Work For 2015 -JM Financial Services Ltd awarded Best Performing National Financial Advisor Institutional -JM Financial Institutional Securities Ltd Awarded Highest Independent Honour in India -JM Financial Institutional Securities Ltd awarded the M&A Deal Maker of the Year 2016 -JM Financial acquires shares of IHL. 2017 - The Great Place to Work Institute. India's Great Mid-Size Workplaces, 2017 - The Great Place to Work Institute. India's Best Companies To Work For, 2017 - CFBP Jamnalal Bajaj Awards - Market Achievers Award - BSE Award amongst the Top Performers in Primary Market Segment 2018 -JM Financial Services Limited Awared by BSE amongst the Top Performers in Primary Market Segment 2019 -JM Financial Services launches Industry First, Paperless Corporate Fixed Deposits Online for its Distributors and their Clients -JM Financial Services investment of INR 400 mn in Coimbatore-based co-living operator -JM Financial Services Limited has been Recognized among India's 20 Best Workplaces in BFSI - 2019 by Great Place to Work 2020 -JM Financial Limited raises Rs.770 crore through Qualified Institutions Placement -JM Financial Limited awarded for the CSR Healthcare Project 2021 -JM Financial Limited awarded for the `Best rights issue' under the Best Deal category (Reliance Industries US$7.1 billion rights offering) 2022 -JM Financial Private Equity leads INR 950 mn investment in Silveredge Technologies Pvt. Ltd. -JM Financial Home Loans launches its branch in Erode, Tamil Nadu, takes the nationwide network to 75 branches. 2023 -IIM Udaipur and JM Financial collaborate to launch JM Financial Centre for Financial Research. -JM Financial Home Loans opens branch in Bhopal, achieves 100th branch milestone in India. -Future Generali India Life Insurance enters into a strategic partnership with JM Financial Services for wider insurance reach.2024-JM Financial Services Deepens Presence in Ahmedabad with the Inauguration of its Third Branch in the City.-JM Financial Services Forays into Uttarakhand with the Launch of its 1st Branch in Dehradun.-JM Financial Home Loans Limited Opens New Branch in ELURU, marking 126th Milestone in India.-JM Financial Services Forays into Odisha with the Launch of its 1st Branch in Bhubaneswar.-JM Financial Services Expands Reach with the Launch of its 1st Branch in Mangalore. 2025-JM Financial Group have been certified as Great Place to Work 2025-26.-JM Financial Limited has been recognised as one of India's Best Workplaces for Women.

The Company was incorporated as a private limited company on 30th January 1986 in the name of J M Share & Stock Brokers Pvt. Ltd. The Company has been promoted by JMFICS to engage directly or indirectly in the business of share and stock broking, finance broking, underwriting of securities including shares, debentures, etc. The present issued, Equity Share JMFICS and, therefore, by virtue of Section 4 of the Act, the Company is a subsidiary of JMFICS. On JMFICS becoming a deemed public limited company by virtue of the Companies (Amendment) Act, 1988 read with the Companies Act, 1956, on 15th June, 1988, the Company also became a deemed public limited company as of that date pursuant to the applicable provisions of the Companies Act, 1956. Subsequently, the Company became a public company by making necessary alterations in its Articles of Association. As stated earlier, the main object of the Company is to enlarge directly or indirectly in the business of share and stock broking, and other related capital market activities such as underwiting of securities and Portfolio Management. To act as a stock broker, it is necessary for a company to be a member of a stock exchange. Under the guidelines issued by the Government of India, corporate entitles are permitted to be enrolled as members of a stock exchange, provided. i) that the Company is formed in compliance with the provisions of Section 322 of the Companies Act, 1956; ii) that a majority of Directors of the Company are shareholders of the Company and also members of the Stock Exchange; and iii) that the Directors of the Company who are members of the Stock Exchange have unlimited liability in the Company. Since the Company is not in a position to comply with the aforesaid conditions, it has been proposed that the Company would carry on its share and stock broking activities through a number of affiliates (Stock Broking Companies/Partnership Firms/Individual Stock Brokers) who would be members of various Stock Exchanges. 2006 -JM Financial launches a private equity fund 2007 - JM Financial Ltd has informed that the Board of Directors of the Company has decided to appoint Mr. Paul Sebastian Zuckerman as an additional director on the Board of the Company. Mr. Zuckerman will be an independent director of the Company. 2008 -The Company has issued Bonus Shares in the Ratio of 3:2. - The Company has splits its face value from Rs10/- to Rs1/-. 2009 - The Board has recommended a dividend of Re 0.20 per share. - Finance Asia Country Awards for Achievement - best equity House in India. - Best Workplaces in India - Ranked among top 50 companies by Great Places to Work Institute. 2010 - Board recommended a normal dividend of Re. 0.25 per share and a "silver jubilee special dividend" of Re. 0.25 per share on account of this being the twenty-fifth year of the Company. - JM Financial - South Africa's Rand Merchant Bank and JM Financial sign MoU on Strategic Co-operation. 2011 - Board recommends a dividend of Rs. 0.60 per share. - IFLR India Awards - JM Financial wins "Team of the Year" in the Indian Investment Banks category. - JM Financial Services received the highest Broker Grading of BQ1 by the rating agency, CRISIL. 2012 - The Company has appointed Mr. Keki Dadiseth as an additional director on the Board of the Company. Mr. Dadiseth will be an independent director of the Company. - The Board has recommended a dividend of Re. 0.60 per share. - The Company at its meeting held on March 30, 2012, has re-appointed Mr. Nimesh N Kampani as the Managing Director. - UTI MF and CNBC TV-18 Financial Advisor Awards - JM Financial Services honoured as the Best Performing National Financial Advisor - Institutional. - The Great Place to Work Awards 2012 conducted by The Great Place to Work Institute, India in Partnership with Economic Times. 2013 -JM Financial announced Vikram Pandit will make a strategic investment in JM Financial with potential additional investments in its NBFC, proposed bank and a joint distressed asset fund. - JM Financial Asset Management Among Top 100 India's Best Companies - The Company received M&A Atlas Awards. -Registered Office of the Company is being changed from: 141, Maker Chambers III, Nariman Point, Mumbai - 400 021 Phone: 022-6630 3030 Fax: 022-22028224 To: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Phone: 022 - 6630 3030 Fax: 022 - 6630 3223. 2014 - JM Financial announced that it has received a significant capital investment in its real estate lending subsidiary company, FICS Consultancy Services Limited (FICS). - The Company received The Asset's Triple A Country Awards. - JM Financial Services Ltd awarded UTI MF & CNBC-TV18's Financial Advisor Awards 2013-14. - JM Financial Services Limited - Ranked 41st amongst India's 100 Best Companies. 2015 -The Asset Triple A Country Awards -The Acquisition International 2015 M&A Awards -JM Financial Services Limited -Ranked 1st in the Investments Industry Category in India's Best Companies To Work For 2015 -JM Financial Services Ltd awarded Best Performing National Financial Advisor Institutional -JM Financial Institutional Securities Ltd Awarded Highest Independent Honour in India -JM Financial Institutional Securities Ltd awarded the M&A Deal Maker of the Year 2016 -JM Financial acquires shares of IHL. 2017 - The Great Place to Work Institute. India's Great Mid-Size Workplaces, 2017 - The Great Place to Work Institute. India's Best Companies To Work For, 2017 - CFBP Jamnalal Bajaj Awards - Market Achievers Award - BSE Award amongst the Top Performers in Primary Market Segment 2018 -JM Financial Services Limited Awared by BSE amongst the Top Performers in Primary Market Segment 2019 -JM Financial Services launches Industry First, Paperless Corporate Fixed Deposits Online for its Distributors and their Clients -JM Financial Services investment of INR 400 mn in Coimbatore-based co-living operator -JM Financial Services Limited has been Recognized among India's 20 Best Workplaces in BFSI - 2019 by Great Place to Work 2020 -JM Financial Limited raises Rs.770 crore through Qualified Institutions Placement -JM Financial Limited awarded for the CSR Healthcare Project 2021 -JM Financial Limited awarded for the `Best rights issue' under the Best Deal category (Reliance Industries US$7.1 billion rights offering) 2022 -JM Financial Private Equity leads INR 950 mn investment in Silveredge Technologies Pvt. Ltd. -JM Financial Home Loans launches its branch in Erode, Tamil Nadu, takes the nationwide network to 75 branches. 2023 -IIM Udaipur and JM Financial collaborate to launch JM Financial Centre for Financial Research. -JM Financial Home Loans opens branch in Bhopal, achieves 100th branch milestone in India. -Future Generali India Life Insurance enters into a strategic partnership with JM Financial Services for wider insurance reach.2024-JM Financial Services Deepens Presence in Ahmedabad with the Inauguration of its Third Branch in the City.-JM Financial Services Forays into Uttarakhand with the Launch of its 1st Branch in Dehradun.-JM Financial Home Loans Limited Opens New Branch in ELURU, marking 126th Milestone in India.-JM Financial Services Forays into Odisha with the Launch of its 1st Branch in Bhubaneswar.-JM Financial Services Expands Reach with the Launch of its 1st Branch in Mangalore. 2025-JM Financial Group have been certified as Great Place to Work 2025-26.-JM Financial Limited has been recognised as one of India's Best Workplaces for Women.

Parent Organisation

JM Financial Ltd.

Founded

30/01/1986

Managing Director

Mr.Adi Patel

NSE Symbol

JMFINANCILEQ

FAQ