Jm Financial Asset Management Profile
Key Indicators
- Authorised Capital ₹ 115.00 Cr
- Paid Up Capital ₹ 53.33 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -31.76%
- Profit Growth -480.02%
- Ebitda -784.96%
- Net Worth -6.52%
- Total Assets -6.24%
About Jm Financial Asset Management
Jm Financial Asset Management Limited (JFAML) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 June 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Jm Financial Asset Management Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 115.00 Cr and a paid-up capital of Rs 53.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jm Financial Asset Management Limited India are Amitabh Mohanty as Ceo, Alisha Jain as Company Secretary, and Amit Bhavsar as Cfo. Vishal Kampani, Siddharth Achuthan, Rahul Sanghvi, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65991MH1994PLC078879
- Company No.
078879
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jun 1994
- Date of AGM
24 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Jm Financial Asset Management?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amitabh Mohanty  | CEO | 01-Jul-2021 | Current |
| Alisha Jain | Company Secretary | 25-Apr-2019 | Current |
| Amit Bhavsar | CFO | 01-Jun-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Banerjee | Director | 01-May-2023 | Current |
| Anuj Kapoor | Director | 27-Jun-2023 | Current |
| Vishal Kampani | Director | 01-Nov-2022 | Current |
| Siddharth Achuthan | Director | 17-May-2022 | Current |
| Rahul Sanghvi | Additional Director | 23-Oct-2024 | Current |
| Vaddarse Shetty | Director | 28-Apr-2008 | Current |
Financial Performance of Jm Financial Asset Management.
Jm Financial Asset Management Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 31.76% decrease. The company also saw a substantial fall in profitability, with a 480.02% decrease in profit. The company's net worth dipped by a decrease of 6.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Jm Financial Asset Management?
In 2022, Jm Financial Asset Management had a promoter holding of 59.54% and a public holding of 40.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tulsi Global Logistics Private LimitedParthiv Kilachand is a mutual person
Ksb LimitedVishal Kampani is a mutual person
Ring Plus Aqua LimitedParthiv Kilachand is a mutual person
Sunteck Realty LimitedVaddarse Shetty is a mutual person
Jm Financial Home Loans LimitedVaddarse Shetty is a mutual person
Jm Financial Asset Reconstruction Company LimitedVishal Kampani and Vaddarse Shetty are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Jm Financial Asset Management?
Jm Financial Asset Management has a workforce of 148 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jm Financial Asset Management, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jm Financial Asset Management's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Jm Financial Asset Management
Recent activity within the organization
- Director Appointment
Rahul Laxman Sanghvi was appointed as a Additional Director was appointed as a Additional Director on 23 Oct 2024 & has been associated with this company since 5 months 9 days .
- Annual General Meeting
Jm Financial Asset Management Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.
- Balance Sheet
Jm Financial Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Anuj Kapoor was appointed as a Director was appointed as a Director on 27 Jun 2023 & has been associated with this company since 1 year 9 months .
- Director Appointment
Ashok Banerjee was appointed as a Director was appointed as a Director on 01 May 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Vishal Nimesh Kampani was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 5 months .
Recent News, Updates & Announcement
- Darius Pandole quits New Silk Route, to head JM Financial’s PE unit | Mint.
The hiring comes at a time when JM Financial's founder, Nimesh Kampani, decided to step down as managing director of the investment banking firm.
- JM Financial picks 9.84% stake in P2P lender Faircent.
Financial services firm JM Financial Ltd, through its subsidiary JM Financial Products Ltd, has agreed to acquire 9.84%equity stake in peer-to-peer (P2P) lending marketplace Faircent, run by Fairassets Technologies India Pvt. Ltd, as per a stock market disclosure..
- JM Financial Acquires 9.84% Stake in Fairassets Technologies, Boosting P2P Lending Market.
JM Financial bought a 9.84% stake in P2P lending start-up Fairassets Technologies. Fairassets operates Faircent.com, a virtual P2P lending marketplace. JM Financial's investment is part of Fairassets' Series A round, which also saw investments from individual investors and existing investors. P2P lending companies connect borrowers and lenders without traditional financial institutions. RBI is proposing to regulate P2P lending platforms as NBFCs. Faircent will use the funds to improve its data analytics platform. JM Financial believes Faircent is a leader in the online lending space. P2P lending is high risk and needs better controls and regulations. However, the overall lending space is of interest to investors, especially with the use of technology for quick decision making..
Frequently asked questions
What is the Incorporation or founding date of Jm Financial Asset Management Limited?
Jm Financial Asset Management Limited was incorporated on 09 Jun 1994.
What is authorized share capital and paid-up capital of Jm Financial Asset Management Limited?
The authorized share capital of Jm Financial Asset Management Limited is ₹ 115.00 Cr and paid-up capital is ₹ 53.33 Cr.
Who are the current board members & directors of Jm Financial Asset Management Limited?
Currently 10 directors are associated with Jm Financial Asset Management Limited.
- Vishal Nimesh Kampani
- Siddharth Achuthan
- Rahul Laxman Sanghvi
- Ashok Banerjee
- Anuj Kapoor
- Amitabh Mohanty
- Alisha Purankumar Jain
- Amit Radheshyam Bhavsar
- Vaddarse Prabhakar Shetty
- Parthiv Tanil Kilachand
What is the registered address of Jm Financial Asset Management Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jm Financial Asset Management Limited is 7Th Floor Cnergy, Appasaheb Marathe Ma Prabhadevi India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Jm Financial Asset Management Limited?
The corporate identification number (CIN) of Jm Financial Asset Management Limited is U65991MH1994PLC078879 and the company number is 078879 as per Ministry of Corporate Affairs (MCA).
What is the official website of Jm Financial Asset Management Limited?
The Official website of Jm Financial Asset Management Limited is https://www.jmfinancialmf.com
What has been the recent revenue trend for Jm Financial Asset Management Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Jm Financial Asset Management Limited has fallen by -31.76%.
How many employees does Jm Financial Asset Management Limited currently have?
As Per 2022 financial reports, 148 employees are currently employed by Jm Financial Asset Management Limited.
What change has been observed in the net worth of Jm Financial Asset Management Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Jm Financial Asset Management Limited has experienced an downturn of -6.52%.
When was the last Balance Sheet of Jm Financial Asset Management Limited filed with the ROC?
The most recent Balance Sheet for Jm Financial Asset Management Limited was filed with the ROC on 31 Mar 2024.
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