JM Financial Limited : Management Details

JM Financial Limited (JM Financial), is the flagship listed company of the Group.

JM Financial is an operating cum holding company and is engaged in various financial services businesses on its own and through its subsidiary and associate companies forming a well-diversified yet integrated financial services group known as JM Financial. JM Financial holds  investments in its subsidiaries that are engaged in various businesses, namely, Non Banking Financial Services, Asset Reconstruction, Equity Research, Equity Broking to Institutional and non Institutional  Investors, Wealth Management advisory, Mutual Funds  Asset Management, etc.

The businesses undertaken by JM Financial Limited are as follows:

Investment Banking 

JM Financial group’s Investment Banking arm is one of India’s most respected domestic investment banks, offering a wide range of services to a significant client base that encompasses domestic and international corporations of repute. Our Investment banking services enable companies and other issuers to capitalize on today’s opportunities and position themselves for sustained growth. Since inception, we have pioneered several innovations in the Indian capital markets in the areas of capital structuring, financial instruments and marketing strategies which has made us one of the top investment banks. Our ability to deliver outstanding results for our clients is a credit to our quality and leadership. 

Over the years, we have won many awards for our advisory and execution capabilities. Organizations count on us to deliver optimal transaction results through strategic advice, global reach, market insight, and tenacious execution. Our philosophy of forging long-term partnerships with clients is reflected in our long and strong relationships with India’s leading business houses.

PE Fund 

JM Financial Private Equity Fund is an alternative asset platform focused on providing growth capital to small-to-mid-market companies in India. The private equity platform has fully divested its Fund I, fully deployed its Fund II across 10 companies and is currently investing from its JM Financial India Growth Fund III, which completed its final closing in June 2023.

The JM Financial Private Equity Fund platform currently manages two funds with a total quantum in excess of ₹ 1,150 crore. Fund II completed its final close in October 2019, is fully deployed and has an investment portfolio of ten companies that are performing well. The Fund has also completed two partial exits, resulting in distributions of significant returns to the investors. 

Fund III has finalised five investments and continues to evaluate a strong pipeline of opportunities within its target segment. Fund I, which is fully divested, invested in 13 companies across various sectors and has successfully exited all 13 investments returning over 202% of the aggregate drawn down capital in terms of Indian Rupees (before income tax related retentions and reserves).

AIF Details

Portfolio Management Services

The Portfolio Management Services (PMS) offering of JM Financial assists clients in achieving their investment objectives through a rational and disciplined approach while constantly assessing risk factors.

JM Financial PMS follows a four-pillar investment framework approach to offer you products with an aim to deliver consistent returns. Investments are evaluated on the basis of four pillars: Industry Opportunity, Profitability and Growth of the Industry, Company Quality, and Company Valuation.

The Board of Directors of JM Financial consists of

• Mr. Nimesh Kampani – Non Executive Chairman
• Mr. Vishal Kampani – Vice Chairman & Managing Director
• Mr. P S Jayakumar - Non Executive & Independent Director
• Mr. Navroz Udwadia - Non Executive & Independent Director
• Ms. Roshini Bakshi - Non Executive & Independent Director
• Mr. Pradip Kanakia - Non Executive & Independent Director
• Mr. Sumit Bose - Non Executive & Independent Director
• Mr. Adi Patel - Managing Director
• Mr. Hariharan Aiyar - Non Executive Director