JM Financial Limited (JMFINANCIL.BO)

81.98 -0.07 (-0.09%) At close: 12:45PM IST

JM Financial Limited

Cnergy
7th Floor Appasaheb Marathe Marg Prabhadevi
Mumbai 400025
India
91 22 6630 3030
https://www.jmfl.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 3,260

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Adi Patel	MD & Additional Director	52.33M	N/A	1970
Mr. Nishit Shah	Chief Financial Officer	N/A	N/A	N/A
Mr. Nirav Gandhi	COO and Co-Head of Investment Advisory & Distribution	N/A	N/A	N/A
Ms. Sonia Dasgupta	MD & CEO of Investment Banking	N/A	N/A	1972
Mr. Richard Liu	MD and Head of Research & Institutional Equities	N/A	N/A	N/A
Mr. Anil Salvi	MD and Group Head of Human Resources & Administration and CEO of RE Consulting	N/A	N/A	N/A
Ms. Dimple Mehta	Company Secretary & Compliance Officer	N/A	N/A	N/A
Mr. Chintan Maniar	MD and Head of Sales & Trading Institutional Equities	N/A	N/A	N/A
Mr. Manish C. Sheth	MD & CEO of JM Financial Home Loans Limited	3.62M	N/A	N/A
Mr. Ranganath Char	MD & COO of Real Estate Advisory	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

JM Financial Limited provides various integrated and diversified financial services to corporations, financial institutions, high net-worth individuals, and retail customers in India. The company operates through four segments: Investment Bank, Mortgage Lending, Alternative & Distressed Credit, and Asset Management, Wealth Management & Securities Business (Platform AWS). The Investment Bank segment manages capital markets transactions, as well as advises on mergers and acquisitions, and private equity syndication. This segment also engages in institutional equities business and research, private equity funds, fixed income, syndication, and finance. The Mortgage Lending segment provides finance against commercial and residential real estate to a range of corporates and non-corporate clients. This segment also engages in educational institutions lending and housing finance businesses. The Alternative & Distressed Credit segment provides securitization and reconstruction of financial assets and manages alternative credit funds. The Platform AWS segment provides investment advisory and distribution services, which include equity brokerage, wealth management, and capital market lending for wealth management and broking clients, as well as distributes financial products; and manages mutual fund assets through various schemes. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.

Corporate governance

JM Financial Limited’s ISS governance QualityScore as of 1 May 2024 is 6. The pillar scores are Audit: 4; Board: 6; Shareholder rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.