O H L VOL
Days Range
About JM Financial
JM Financial Limited (JM Financial) is an integrated financial services company incorporated in 30th January of the year 1986 under the name of JM Share & Stock Brokers (JMSSB). JM Financial offering a wide range of services to a significant clientele that includes corporations, financial institutions, high net-worth individuals and retail investors. The Company has interests in investment banking, institutional equity sales, trading, research and broking, private and corporate wealth management, equity broking, portfolio management, asset management, commodity broking, NBFC (Non Banking Finance Company) activities, private equity and asset reconstruction.
JM Financial was started as a private limited company as an arm of JM Financial & Investment Consultancy Services. As at 15th June of the year 1988, the company was converted as a deemed public limited company and subsequently, the company became a public company by making necessary alterations in its Articles of Association. The Company entered into a Joint Venture agreement with Morgan Stanley in December of the year 1997. During the year 2001, the company redeemed last installment of 14% Debenture and also repaid part of its unsecured loans to its promoters with the ultimate objective of bringing down the borrowing and making the company a Zero Debt Company.
During the year 2004, the company had changed its name from JM Share & Stock Brokers to JM Financial Limited. J.M. Securities Private Limited was amalgamated with the company in the year 2006. JM Financial had launched a corporate private equity fund in August of the same year 2006 under the name of JM Financial India Fund, with US-based Old Lane Partners, LP, being the lead investor/co-sponsor to the Fund. As of August 2007, the company had launched a unique Portfolio Management Scheme that aims to offer 100% capital protection as well as potential capital appreciation based on the Dynamic Portfolio Insurance (DPI) methodology. As at March of the year 2008, JM Financial had acquired JM Financial ASK Securities Private Limited. The Company has opened a full fledged branch at Vizag, the port city of Andhra Pradesh in the month of September of the same year 2008.
Parent Organisation
J M Financial
Managing Director
Nimesh N Kampani
Founded
1986
NSE Symbol
JMFINANCIL
Peer Comparision
Stocks | Market Cap (cr) | Market Price (₹) | 52 Week Low-High (₹) |
---|
Jm Financial Ltd FAQs
What is the share price of Jm Financial Ltd (JMFINANCIL) shares?
Jm Financial Ltd (JMFINANCIL) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy Jm Financial Ltd (JMFINANCIL) from Angel One?
Yes, You can buy Jm Financial Ltd (JMFINANCIL) shares by opening a Demat account with Angel One.
How do I buy Jm Financial Ltd (JMFINANCIL) from Angel One?
Jm Financial Ltd (JMFINANCIL) share can be bought through the following modes:
1. Direct investment: You can buy Jm Financial Ltd (JMFINANCIL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Jm Financial Ltd (JMFINANCIL) shares.
1. Direct investment: You can buy Jm Financial Ltd (JMFINANCIL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Jm Financial Ltd (JMFINANCIL) shares.
What is the main business of JM Financial?
Investment banking, institutional equity sales, trading, research and broking, wealth management, asset management, and other financial services are JM Financial's primary focus. Lending and funding options are also provided for businesses and individuals.
Who are the promoters of JM Financial?
The promoters of JM Financial Ltd. include JM Financial And Investment And Consultancy Services Pvt. Ltd, Nimesh Kampani, JM Assets Management Private Limited, Aruna Kampani and Vishal Kampani among others.
What are the Subsidiaries that comes under JM Financial?
JM Financial Services, JM Financial Products, JM Financial Investment Managers, JM Financial ARC, and JM Financial Home Loans are all subsidiaries of JM Financial.
Open Free Demat Account!
Enjoy Zero Brokerage on Equity Delivery
Join our 2 Cr+ happy customers