Jm Financial Services Limited

Financial services company offering broking, investment management, and distribution of financial products to institutions and individuals.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Jm Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 365.00 Cr
  • Paid Up Capital ₹ 75.83 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,577.86 Cr
  • Satisfied Charges ₹ 436.00 Cr
  • Revenue Growth 60.80%
  • Profit Growth 748.23%
  • Ebitda 215.42%
  • Net Worth 59.37%
  • Total Assets 37.54%

About Jm Financial Services

Jm Financial Services Limited (JFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 1998 and has a history of 26 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Jm Financial Services 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 365.00 Cr and a paid-up capital of Rs 75.83 Cr.

The company currently has active open charges totaling ₹2,577.86 Cr. The company has closed loans amounting to ₹436.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jm Financial Services Limited India is Amit Agrawal as CFO. Parthiv Kilachand, Anup Shah, Dipti Neelakantan, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jmfinancialservices.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1998PLC115415

  • Company No.

    115415

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1998

  • Date of AGM

    26 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 Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Agrawal Country flag representing In CFO01-Aug-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Nirav Gandhi Country flag representing In Whole-Time Director 08-Dec-2022Current
Hemant Manharlal Country flag representing In Director 27-Jan-1999Current
Dipti Neelakantan Country flag representing In Director 29-Mar-2001Current
Chirag Negandhi Country flag representing In Director 22-Feb-2024Current
Parthiv Kilachand Country flag representing In Director 24-Apr-2019Current
Anup Shah Country flag representing Us Director 18-Nov-2014Current

Financial Performance of Jm Financial Services.

Jm Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 60.8% increase. The company also saw a substantial improvement in profitability, with a 748.23% increase in profit. The company's net worth Soared by an impressive increase of 59.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
60.80%
Revenue from Operations
62.90%
Total Assets
37.54%
Profit or Loss
748.23%
Net Worth
59.37%
EBITDA
215.42%

What is the Ownership and Shareholding Structure of Jm Financial Services?

In 2023, Jm Financial Services had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,577.86 Cr

Satisfied Charges

₹436.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1175.00 Cr
  • Idbi Trusteeship Services Limited : 1000.00 Cr
  • State Bank Of India : 193.97 Cr
  • Hdfc Bank Limited : 125.00 Cr
  • Axis Bank Limited : 77.50 Cr
  • Others : 6.39 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2024Others₹50.00 CrOpen
18 Jul 2024Canara Bank₹6.39 CrOpen
20 Jun 2024State Bank Of India₹193.97 CrOpen
27 Sep 2023Others₹50.00 CrOpen
27 Sep 2023Others₹100.00 CrOpen

How Many Employees Work at Jm Financial Services?

Jm Financial Services has a workforce of 1481 employees as of Sep 19, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jm Financial Services, 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 Services's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100992207 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 6.39 Cr registered on 18 Jul 2024 with Charge ID 100959796 was modified on 12 Sep 2024.

    12 Sep 2024

  • Annual General Meeting

    Jm Financial Services Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.

    26 Jul 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 6.39 Cr with Charge ID 100959796 was registered on 18 Jul 2024.

    18 Jul 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 193.97 Cr with Charge ID 100947548 was registered on 20 Jun 2024.

    20 Jun 2024

  • Balance Sheet

    Jm Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Jm Financial Services Limited was incorporated on 19 Jun 1998.

  • The authorized share capital of Jm Financial Services Limited is ₹ 365.00 Cr and paid-up capital is ₹ 75.83 Cr.

  • Currently 10 directors are associated with Jm Financial Services Limited.

    • Parthiv Tanil Kilachand
    • Anup Pravin Shah
    • Dipti Neelakantan
    • Prakash Parthasarathy
    • Dimplekumar Shah
    • Amit Agrawal
    • Nirav Mansukhlal Gandhi
    • Chirag Ranjit Negandhi
    • Hemant Kotak Manharlal
    • Vishal Nimesh Kampani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jm Financial Services Limited is 7Th Floor Cnergy Appasaheb Marathe Marg, Prabhadevi India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Jm Financial Services Limited is U67120MH1998PLC115415 and the company number is 115415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jm Financial Services Limited is https://www.jmfinancialservices.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Jm Financial Services Limited has risen by 60.80%.

  • As Per 2024 financial reports, 1481 employees are currently employed by Jm Financial Services Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Jm Financial Services Limited has experienced an upsurge of 59.37%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Jm Financial Services Limited amount to ₹ 2,577.86 Cr.

  • The most recent Balance Sheet for Jm Financial Services Limited was filed with the ROC on 31 Mar 2024.

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