|₹117.7 / ₹64.9|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
JM Financial Limited was incorporated on 30th January of the year 1986 under the name of JM Share & Stock Brokers (JMSSB). JM Financial was started as a private limited company as an arm of JM Financial & Investment Consultancy Services. As at 15th June of the year 1988, the company was converted as a deemed public limited company and subsequently, the company became a public company by making necessary alterations in its Articles of Association. The Company is an integrated and diversified financial services group offering a wide range of capital market services to its corporate and individual clients. The Group's businesses include investment banking, wealth management and securities business; mortgage lending; distressed credit and asset management business (mutual fund). As on March 31, 2019, the Company has 15 subsidiaries (including step down subsidiaries), a partnership firm and an associate company. During December 1997, the Company entered into a Joint Venture agreement with Morgan Stanley. During the year 2001, the company redeemed last installment of 14% Debenture and also repaid part of its unsecured loans to its promoters with the ultimate objective of bringing down the borrowing and making the company a Zero Debt Company.