JM Financial & Investment Consultancy Services Pvt. Ltd. (JMFICS), established in Mumbai

JMFICS filed first offer document for listing securities of an Indian client with FSA, London

JMFICS became the first to introduce fully convertible debentures in Indian Capital Markets

JM Financial Share & Stock Brokers Limited, now known as JM Financial Limited (holding company), was incorporated to engage in the business of Stock Broking and Securities

Regional office set up in Delhi

JMFICS introduced equity warrants in the Indian Capital Markets

JM Financial Limited listed on the Bombay, Ahmedabad and Delhi Stock Exchanges

JMFICS introduced Deep Discount Bond in Indian Capital Markets

JMFICS managed four transactions of Securities Offerings in excess of Rs. 100 crores each, a size unmatched till then in Indian markets

Formed a joint venture with Morgan Stanley in the areas of Investment Banking and Securities business

Managed India’s first IPO through Book Building

Recorded three firsts in India - first Indian dual tranche FCCB issue, first billion dollar IPO, first conditional IPO

Launched Private Equity Fund

Separated from joint venture with Morgan Stanley

Continued to lead the Indian Investment Banking / Financial Services industry as a 100% Indian Company

Initiated expansion of business in International Jurisdictions

Commenced Asset Reconstruction Business

Announced partnership in the Real Estate NBFC with an fund, managed by Mr. Vikram Pandit and associates

Established step down subsidiary in the USA to cater to and service overseas clients/investors

Reported highest ever quarterly net profit first in Q1FY22 and again in Q3FY22

Launched Bondskart

QIPs - Rs.650 Cr in 2018 and Rs.770 Cr in 2020

Equity fund raise in Real Estate arm of Rs.835 Cr

Public issue of secured NCDs of JM Financial Products Limited (JMFPL)