Client Testimonials

P S Jayakumar
Managing Director & CEO, Bank of Baroda

I would like to express my appreciation to JM Financial for the work undertaken and support with regards to the amalgamation of Bank of Baroda, Vijaya Bank and Dena Bank.


We are pleased to share that this  is the first major consolidation of three public sector banks and a  significant milestone for the Indian Banking Industry. From the time the 'in-principle ' approval to the amalgamation was granted by the boards of the three banks in end-September 2018, the process has been completed in record time.


We are happy about the accomplishment and this would not have been possible without your co-operation and support in meeting the challenging timelines for the tasks  in which you were actively involved.


In addition, we also had the benefit of your counsel from time to time. We look forward for your continued support and engagement.

Sunjay Kapur
Chairman & Non-Executive Director, Sona ComStar

There is great power in compounding, and that force works with relationships as well. Sona and JM Financial have a relationship that began four decades ago with my father and Mr Nimesh Kampani, and with each passing year it has become stronger and created value for everyone around us. The Sona Comstar IPO marks the seventh transaction in our four decade long relationship between the Sona Group & JM Financial. I, as usual, was impressed with the competence, dedication and professionalism displayed by the JM Financial team.

They have helped in maximizing value both for the company and our investors. The team guided us throughout the process both with ideation as well as seamless execution. Although to be fair, for us JM Financial is always an automatic choice, we could not be more pleased with the selection of advisors for this process. It was a great pleasure working with the JM Financial team once again.

Brij Bhushan Agarwal
Vice Chairman & Managing Director, Shyam Metalics and Energy

I am very pleased to be associated with JM Financial and thankful to the team for their continued efforts to deliver a monumental outcome. The team’s guidance and timely advice throughout the transaction ensured a smooth process and a journey to cherish. On behalf of Shyam Metalics, I am pleased with the marketing and distribution efforts of the JM Financial team and express great confidence in the team’s ability to deliver outstanding results. I look forward to a continued relationship with JM Financial. 

Harsha Viji
Managing Director, Sundaram Finance

On behalf of Sundaram Finance Ltd and other selling shareholders and Royal Sundaram General Insurance Co Ltd, I would like to thank the entire team at JM Financial Ltd for the impressive work done as our exclusive Financial Advisor for sale of our 40% equity stake held in Royal Sundaram General Insurance.


We greatly appreciate the guidance, commitment and professionalism of all the team members at JM Financial thereby effectively positioning the company, guiding us through the process, facilitating value maximization and finding a suitable strategic partner for us.


The closure of this transaction reinforces our trust and confidence in JM Financial and we look forward to our continued association.

Rajeev Piramal
Vice Chairman & Managing Director, Peninsula Land Limited

JM Financial has always offered Peninsula group unique solutions for our funding requirements. We have been associated with them for over 5 years now and can vouch that they understand real estate and its funding requirements very well and their team turns around proposals very quickly. In the past 5 years, we have closed many financial transactions involving complex funding structures and the team has always been supportive.

The team is committed, knowledgeable, dedicated and demonstrates very high ethical standards. We wish them success and look forward to our continued association. We also expect that our relationship will now extend to other offerings provided by JM Financial.

Vivek Vikram Singh
Managing Director & Group CEO, Sona ComStar

During the past six months l have, together with my colleagues, had the pleasure of working together with the team at JM Financial to achieve the Initial Public Offering of Sona Comstar. This was the fourth time JM Financial has worked with us in the last five years on a transaction, and it is almost as if they have become an extension of us whenever and wherever financial transactions are concerned. We are extremely satisfied with the successful outcome of our IPO & in our mind JM Financial played a crucial role in the whole process. Further, JM Financial’s extensive investor reach and robust distribution capabilities across all categories helped us build a strong demand book. We recognize that there are many people who work behind the scenes and contribute to the success of any project, and I would like to thank the JM Financial team, for their individual and collective contributions to Sona Comstar.

Keep up the excellent work and look forward to our continued association.

Mr. Parag Munot
Managing Director, Kalpataru Group

JM Financial stands out for its professionalism, responsiveness and funding expertise. Their keen understanding of the market and unique client needs enables them to offer a custom financing solution that makes an impactful difference to the business.  We are truly happy with our business relations and long term partnership with JM Financial.

Mr. Sundeep Sikka
Executive Director & CEO, Reliance Nippon Life Asset Management Limited

On behalf of Reliance AMC, I would like to thank the entire team at JM Financial for the impressive work done to successfully close our landmark transaction, the first IPO by Asset Management Company, of Rs. 1,542 crores. The strong commitment and dedication displayed by JM Financial team in ensuring an exceptional debut of Reliance AMC on the stock exchanges was truly admirable.

Mr Shivkumar Reddy
Managing Director & Promoter, Pearl Distilleries Limited

JM Financial was very thorough in understanding the fundamentals of our business and their knowledge base of benchmarking with the best in our business vertical was of immense help in improving our performance parameters. Also, the standards of professionalism exhibited by JM Financial helped us raise our standards considerably which was a big value addition to our existing business processes.

Rasesh Kanakia
Chairman & Managing Director, Kanakia Spaces

We are delighted to inform you that we are extremely happy with your services. Your deep understanding of the Real Estate Industry is highly appreciated. It has been quite sometime that we have been dealing with you and your work culture and professional ethics represent some of the best business in the industry. We value your sincerity, honesty and promptness in problem solving solutions. We definitely wish to continue this association in the long run.

Mr. Shyam Sharda
Chief Financial officer, Prince Pipes and Fittings Limited

It was a great experience interacting with the team at JM Financial Products and I am quite impressed with their understanding of client’s requirement, and seamless execution of the transaction in a time bound manner. I wish them all the very best in their future endeavour!!

Mr. Bhaskar N Raju
Managing Director, DivyaSree Developers

We have been associated with JM Financial since 2012. The team is driven by high levels of engagement, has a deep understanding of real estate and hence has been able to provide customized solutions that have helped us meet our business objectives. The inputs from the JM Financial’s team have helped us scale the growth curve at DivyaSree at an accelerated pace.

Over a period of time, our relationship has developed into becoming trusted financial advisors. We at DivyaSree look forward to furthering our relationship with JM Financial.

Mr. Pramod Dubey
Chief Financial Officer, Accutest Research Laboratories Pvt. Ltd.

The approach of JM Financial is very flexible to the financing challenges, and keen to understand the business issues and find innovative structured solutions to it. The team that worked with us had great acumen to understand the business and provide help to the client at right time. I believe this is the overall culture of the organization, which makes them different from any other contemporary lending organisation.

Mr. Rohan Sikri
Senior Partner, The Xander Group Inc

At the outset, I would like to thank the entire team at JM Financial for offering the Xander Group customized, bespoke financial solutions across our real estate investments in India. We are highly impressed with their team’s domain expertise, quick turnaround times and ability to structure solutions to meet the needs of our investee companies. In our multi-year relationship, their management has been a reliable partner and trusted advisor. We would like to compliment the team on their competence, dedication and uncompromising ethical standards. We wish the team success and look forward to our continued association.

Mr. Raj Menda
Corporate Chairman, RMZ Corp

We would like to place on record that our experience with JM Financial has been excellent. Their client servicing, deal structuring and customized solutions make them a one-stop shop for all real estate needs. The guidance we received from Mr. Vishal Kampani has been commendable. He leads a team that has a deep real estate sector knowledge which enables them to turnaround transactions quickly and efficiently.

Mr. Minesh Dave
Chief Business Development Officer, Tata Power Company Limited.

I would like to take this opportunity to place on record our sincere appreciation for the commendable work done by you to help us successfully close the transaction relating to the acquisition of Welspun Renewable Energy Pvt Ltd. This transaction, which perhaps is the largest in the renewables space in India, is of significant strategic importance for Tata Power. The commitment, knowledge and experience that you brought to the table in executing this complex transaction was impressive.

Manu Parpia
Managing Director & CEO, Geometric Limited

The team from JM Financial have done an outstanding job of conceiving, guiding and executing a complex three party transaction involving the sale of Geometric Ltd and its subsidiaries in two parts viz. to HCL Technologies and Dassault Systems.

The team led by Prakash Chellam was always available, highly pro-active and willing to get into details and go the extra mile to ensure we got a fair value and treatment, while at the same time driving discussions to speedy conclusions.

Moreover the top management was always willing to get involved to guide the transaction along. All in all, kudos to the team from a very satisfied customer

Dr. Keshab Panda
CEO & Managing Director, L&T Technology Services Ltd.

We are very pleased with the work done by JM Financial during our IPO phase as one of BRLM’s. The team from JM Financial did an outstanding job in the entire IPO process and managed to get a significant share in the QIB investor portion.

Prakash Chellam who led the efforts in this process has an excellent understanding of the ESO industry and was guiding the BRLM teams by providing the right inputs and feedback on a continuous basis.

Prakash, while working with us on the IPO transaction, could understand our business model very well and finely articulated our differentiators to all prospective investors.

Rajeev Jain
Managing Director, Bajaj Finance

I would like to thank the entire team at JM Financial for the impressive work done to successfully complete our maiden QIP of Rs. 1,400 crore. Being the sole banker to the QIP, the enormous effort put in by JM Financial is commendable.

We appreciate JM Financial’s efforts in ensuring the timely completion of the QIP documentation, which helped us to be in a state of readiness for launching the issue at short notice.

JM Financial’s deep understanding of the Company and the sector helped position Bajaj Finance appropriately to the investor community. Further, JM Financial’s extensive investor reach and robust distribution capabilities helped us build a strong demand book with marquee global investors.

The timely communication of the investor feedback and identification of the correct window enabled us launch and consummate the QIP successfully.

Keep up the excellent work and look forward to our continued association.

Kedar Vaze
Promoter & CEO, S H Kelkar

I would like to take this opportunity to thank the team at JM Financial Institutional Securities Ltd for their support and guidance in relation to the IPO and after-market support to SH Kelkar.

On behalf of SH Kelkar, I express great satisfaction with the competence, dedication and professionalism displayed by the JM Financial team. We could not be more pleased with our selection of advisors for this process.

It was a great pleasure working with the JM Financial team.