Jm Financial Credit Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.83 Cr
- Company Age 44 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13,448.61 Cr
- Satisfied Charges ₹ 7,899.00 Cr
- Revenue Growth 3.21%
- Profit Growth 15.80%
- Ebitda 12.30%
- Net Worth 7.98%
- Total Assets 16.52%
About Jm Financial Credit Solutions
Jm Financial Credit Solutions Limited (JFCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 May 1980 and has a history of 44 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Fics Consultancy Services 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 5.00 Cr and a paid-up capital of Rs 2.83 Cr.
The company currently has active open charges totaling ₹13,448.61 Cr. The company has closed loans amounting to ₹7,899.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jm Financial Credit Solutions Limited India are Shikha Jain as COMPANY SECRETARY and Vishal Solanki as Cfo. Krishnamurthy Gopalratnam, Dipti Neelakantan, Hariharan Aiyar, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH1980PLC022644
- Company No.
022644
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 May 1980
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Jm Financial Credit Solutions Limited
Explore comprehensive data for Jm Financial Credit Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Jm Financial Credit Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shikha Jain | Company Secretary | 12-Nov-2024 | Current |
| Vishal Solanki | CFO | 29-Nov-2023 | Current |
Vishal Kampani  | Managing Director | 01-Aug-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satishchand Mathur | Director | 01-Aug-2019 | Current |
| Krishnamurthy Gopalratnam | Director | 25-Aug-2021 | Current |
| Dipti Neelakantan | Nominee Director | 28-Oct-2015 | Current |
Hariharan Aiyar  | Nominee Director | 20-Nov-2014 | Current |
| Vikram Pandit | Nominee Director | 06-Jan-2015 | Current |
| Adi Patel | Nominee Director | 01-Aug-2023 | Current |
Financial Performance of Jm Financial Credit Solutions.
Jm Financial Credit Solutions Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.21% increase. The company also saw a substantial improvement in profitability, with a 15.8% increase in profit. The company's net worth moved up by a moderate rise of 7.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jm Financial Credit Solutions?
In 2023, Jm Financial Credit Solutions had a promoter holding of 46.68% and a public holding of 53.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ksb LimitedVishal Kampani is a mutual person
Ring Plus Aqua LimitedSatishchand Mathur is a mutual person
Jm Financial Home Loans LimitedAnup Shah is a mutual person
- Jm Financial Institutional Securities Limited
Dipti Neelakantan and Vishal Kampani are mutual person
- Jm Financial Limited
Adi Patel and Vishal Kampani are mutual person
Charges (Loans)
Open Charges
₹13,448.61 Cr
Satisfied Charges
₹7,899.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 13013.61 Cr
- Others : 425.00 Cr
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Others | ₹100.00 Cr | Open |
| 10 Jan 2023 | Others | ₹250.00 Cr | Open |
| 03 Oct 2022 | Idbi Trusteeship Services Limited | ₹2,000.00 Cr | Open |
| 31 Aug 2021 | Idbi Trusteeship Services Limited | ₹7,000.00 Cr | Open |
| 09 Feb 2021 | Idbi Trusteeship Services Limited | ₹1,000.00 Cr | Open |
How Many Employees Work at Jm Financial Credit Solutions?
Jm Financial Credit Solutions has a workforce of 58 employees as of Apr 06, 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 Credit Solutions, 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 Credit Solutions'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 Credit Solutions
Recent activity within the organization
- Charges
A charge registered on 27 Jan 2023 via Charge ID 100677532 with Tata Capital Financial Services Limited was fully satisfied on 17 Jan 2025.
- Director Appointment
Shikha Pravin Jain was appointed as a Company Secretary was appointed as a Company Secretary on 12 Nov 2024 & has been associated with this company since 6 months 1 day .
- Charges
A charge registered on 22 Oct 2019 via Charge ID 100309895 with Idbi Trusteeship Services Limited was fully satisfied on 11 Sep 2024.
- Annual General Meeting
Jm Financial Credit Solutions Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 7,000.00 Cr registered on 31 Aug 2021 with Charge ID 100482282 was modified on 22 May 2024.
- Balance Sheet
Jm Financial Credit Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Recent News, Updates & Announcement
- Shardul Amarchand Mangaldas & Co. Advises Intensive Fiscal Services, Axis Capital, JM Financial.
The team was led by Prashant Gupta, Partner, National Practice Head, Capital Markets; Ruth Chenchiah, Partner; Sanjana Chowdhry, Senior Associate; and Jheel Bhargava, Associate, , Shardul Amarchand Mangaldas & Co.
- JM Financial shares plummet 10 pc after Sebi bans firm from managing new debt securities.
Shares of JM Financial plummeted 10 per cent on Monday, days after Sebi barred the company from accepting new mandates to act as a lead manager for the public ....
- RBI restrictions: JM Financial says 'no material deficiencies in loan sanctioning process'.
Claims the company has not violated applicable regulations.
Frequently asked questions
What is the Incorporation or founding date of Jm Financial Credit Solutions Limited?
Jm Financial Credit Solutions Limited was incorporated on 15 May 1980.
What is authorized share capital and paid-up capital of Jm Financial Credit Solutions Limited?
The authorized share capital of Jm Financial Credit Solutions Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.83 Cr.
Who are the current board members & directors of Jm Financial Credit Solutions Limited?
Currently 10 directors are associated with Jm Financial Credit Solutions Limited.
- Krishnamurthy Kulumani Gopalratnam
- Dipti Neelakantan
- Hariharan Ramamurthi Aiyar
- Shikha Pravin Jain
- Vishal Kantilal Solanki
- Vikram Shankar Pandit
- Satishchand Mathur
- Adi Rusi Patel
- Anup Pravin Shah
- Vishal Nimesh Kampani
What is the registered address of Jm Financial Credit Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jm Financial Credit Solutions Limited is 7Th Floor Cnergy Appasaheb Marathe Marg, Prabhadevi India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Jm Financial Credit Solutions Limited?
The corporate identification number (CIN) of Jm Financial Credit Solutions Limited is U74140MH1980PLC022644 and the company number is 022644 as per Ministry of Corporate Affairs (MCA).
What is the official website of Jm Financial Credit Solutions Limited?
The Official website of Jm Financial Credit Solutions Limited is https://www.jmfl.com
What has been the recent revenue trend for Jm Financial Credit Solutions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Jm Financial Credit Solutions Limited has risen by 3.21%.
How many employees does Jm Financial Credit Solutions Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Jm Financial Credit Solutions Limited.
What change has been observed in the net worth of Jm Financial Credit Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Jm Financial Credit Solutions Limited has experienced an upsurge of 7.98%.
What are the total open charges for Jm Financial Credit Solutions Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Jm Financial Credit Solutions Limited amount to ₹ 13,448.61 Cr.
When was the last Balance Sheet of Jm Financial Credit Solutions Limited filed with the ROC?
The most recent Balance Sheet for Jm Financial Credit Solutions Limited was filed with the ROC on 31 Mar 2024.
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