KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes...<< Prices as on Jan 21, 2025 - 3:59PM >>  ABB India 6279.6  [ -3.73% ]  ACC 2020.75  [ 0.56% ]  Ambuja Cements 531.65  [ -0.52% ]  Asian Paints Ltd. 2259.65  [ -0.90% ]  Axis Bank Ltd. 969.75  [ -1.87% ]  Bajaj Auto 8450  [ -1.08% ]  Bank of Baroda 229.6  [ -1.12% ]  Bharti Airtel 1625.9  [ -0.93% ]  Bharat Heavy Ele 209.4  [ -3.44% ]  Bharat Petroleum 280.2  [ 1.08% ]  Britannia Ind. 4894.6  [ 0.21% ]  Cipla 1425  [ -1.45% ]  Coal India 381.5  [ -1.43% ]  Colgate Palm. 2729.05  [ 0.79% ]  Dabur India 521.85  [ 0.11% ]  DLF Ltd. 737.85  [ -2.95% ]  Dr. Reddy's Labs 1288.45  [ -1.04% ]  GAIL (India) 179.95  [ -1.18% ]  Grasim Inds. 2378  [ -0.88% ]  HCL Technologies 1804.5  [ 0.49% ]  HDFC Bank 1641.75  [ -0.58% ]  Hero MotoCorp 4023.9  [ -1.69% ]  Hindustan Unilever L 2340.4  [ -0.21% ]  Hindalco Indus. 616.15  [ -0.31% ]  ICICI Bank 1196.1  [ -2.98% ]  IDFC L 108  [ -1.77% ]  Indian Hotels Co 760.15  [ -4.15% ]  IndusInd Bank 960.35  [ -1.06% ]  Infosys L 1799.8  [ -0.74% ]  ITC Ltd. 437.25  [ -0.11% ]  Jindal St & Pwr 919.95  [ -1.47% ]  Kotak Mahindra Bank 1893.4  [ -1.36% ]  L&T 3555.2  [ -0.87% ]  Lupin Ltd. 2103.4  [ -1.34% ]  Mahi. & Mahi 2824.55  [ -2.17% ]  Maruti Suzuki India 11920.75  [ -0.79% ]  MTNL 49.05  [ -5.03% ]  Nestle India 2199  [ -0.61% ]  NIIT Ltd. 165.55  [ -3.19% ]  NMDC Ltd. 66.26  [ -1.25% ]  NTPC 324.25  [ -3.51% ]  ONGC 266.1  [ -1.08% ]  Punj. NationlBak 100.3  [ -0.74% ]  Power Grid Corpo 302.3  [ -1.35% ]  Reliance Inds. 1272.95  [ -2.46% ]  SBI 759  [ -2.57% ]  Vedanta 453.9  [ -1.41% ]  Shipping Corpn. 201.4  [ -2.85% ]  Sun Pharma. 1763.6  [ -0.69% ]  Tata Chemicals 959.7  [ -1.22% ]  Tata Consumer Produc 972.7  [ 1.25% ]  Tata Motors 759.95  [ -1.84% ]  Tata Steel 129.65  [ -1.52% ]  Tata Power Co. 365.95  [ -2.27% ]  Tata Consultancy 4034.35  [ -1.04% ]  Tech Mahindra 1640.75  [ -2.00% ]  UltraTech Cement 10705.05  [ 0.76% ]  United Spirits 1433.25  [ -1.70% ]  Wipro 298.3  [ -0.62% ]  Zee Entertainment En 120.6  [ -0.29% ]  
  • Share Prices
  • Tools
  • News
  • Company Details
  • Financial Data
  • Results
  • Key Financial Ratios
  • Reports
  • Corporate Announcements
  • Equity History

    • Company Information

    Indian Indices
    • Loading....

    Global Indices
    • Loading....

    Forex
    • Loading....

    JM FINANCIAL LTD.

    21 January 2025 | 03:59

    Industry >> Finance & Investments

    Select Another Company

    ISIN No INE780C01023 BSE Code / NSE Code 523405 / JMFINANCIL Book Value (Rs.) 91.13 Face Value 1.00
    Bookclosure 14/06/2024 52Week High 169 EPS 4.29 P/E 27.05
    Market Cap. 11085.93 Cr. 52Week Low 69 P/BV / Div Yield (%) 1.27 / 1.72 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    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.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

    Copyrights @ 2014 © Way2Wealth Brokers Pvt. Ltd. All rights reserved

    Designed, developed and content provided by  Dion

    Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.