About the Company

JM Financial Limited is one of India’s leading diversified financial services groups with a legacy spanning over five decades, offering a comprehensive suite of solutions to corporations, institutions, government and individual clients . The Group operates across four verticals—Integrated Investment Bank, Mortgage Lending, Alternative and Distressed Credit, and Asset Management, Wealth Management and Securities (Platform AWS) . Incorporated and domiciled in India, the Company’s equity shares are listed on BSE and NSE . It has a nationwide footprint in 224 cities across 867 locations, along with four overseas locations (comprising three subsidiaries and one representative office) . As on March 31, 2025, the Company has 14 subsidiary companies, along with an associate, a partnership firm and an association of persons .

Products and services include investment banking, institutional equities and research, private equity funds, fixed income, private wealth management, PMS, syndication and finance; wholesale and retail mortgage lending (including affordable housing); asset reconstruction and alternative credit funds; and an integrated platform for elite and retail wealth, broking and mutual funds . The Group emphasises client focus, integrity, innovation and performance as its core values .

Key milestones have included leadership in Equity Capital Markets, scaling of wealth and mutual fund assets, and strengthening of lending and distressed credit platforms. In FY25, consolidated Profit After Tax rose to Rs 821 crore, and the wealth management businesses crossed the Rs 1,00,000 crore AUM mark while the mutual fund AUM achieved Rs 13,419 crore .

Key Management

– Mr. Nimesh Kampani – Non-Executive Chairman

– Mr. Vishal Kampani – Vice Chairman & Managing Director

– Mr. Adi Patel – Managing Director

– Mr. Nishit Shah – Chief Financial Officer

– Mr. Hemant Pandya – Company Secretary & Compliance Officer

– Ms. Sonia Dasgupta – Managing Director & CEO, Investment Banking

Latest Updates

– Capital markets leadership: The firm executed 44 ECM transactions raising more than Rs 81,558 crore in FY25 and ranked number one among domestic banks in QIPs both by amount raised and by total number of issues (Prime Database) .

– Strategic consolidation: The Group increased its shareholding in JM Financial Credit Solutions Limited to 97.02 Per cent and consolidated its distressed credit business under this platform, aligning lending strategy and capital deployment .

– Business reshaping: The Board approved the transfer of the Private Wealth business to JM Financial Services Limited via slump sale on a going concern basis, with reclassification to Platform AWS from April 1, 2025 .

– Asset management capital raise: JM Financial Asset Management Limited raised Rs 50 crore through a rights issue; JM Financial Limited invested about Rs 30 crore during the year .

– Product and distribution: The securities business launched “JM Pro”, a new trading app in Q3 FY25, and expanded the SEBI Margin Trading Facility book to Rs 1,583 crore as of March 31, 2025 (up 12 Per cent year-on-year) .

– Geographic reach: JM Financial Mutual Fund opened a new branch in Bhubaneswar, Odisha, operating from 15 locations nationwide as of March 31, 2025 .

– Distressed credit progress: JMFARC reported AUM of Rs 12,878 crore as of March 31, 2025, with Security Receipt redemptions up 89 Per cent year-on-year; since inception, total dues acquired stand at Rs 79,321 crore at a gross consideration of Rs 24,839 crore, with 97 trust exits completed .

– Recognitions: Awards in FY25 included FinanceAsia Winner – Best ECM House (Domestic, India) and Highly Commended – Best Investment Bank; Platinum Award for Best M&A Advisory Firm; Great Place to Work certification; BSE recognition among best performers in the OTB segment; and Jombay WOW Workplace Award .