About JM Financial Commtrade Limited
Data last updated:
JM Financial Commtrade Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Jm Financial Services Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2005PLC153110. Its GSTIN is 27AABCJ5602K1ZL (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.5 Cr. It is led by directors including Nirav Mansukhlal Gandhi (Managing Director) and Prashant Choksi Kishor.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.8 Cr, a growth of 28.23% compared to the previous year.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jmfl.com.
Company details
CIN history
JM Financial Commtrade has one previous CIN (Corporate Identification Number): U51100MH2005PTC153110. The current CIN is U51100MH2005PLC153110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2005PLC153110 | Current |
| U51100MH2005PTC153110 | Previous |
Contact details
JM Financial Commtrade Limited's registered office is in Mumbai, Maharashtra. Its website is jmfl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of JM Financial Commtrade Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
JM Financial Commtrade operates primarily in the trade sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Trade | Wholesale Trading |
To see the full business activity and turnover split of JM Financial Commtrade Limited, buy the company report.
Financials of JM Financial Commtrade Limited
FY 2025 filings availableJM Financial Commtrade Limited reported revenue of ₹1.8 Cr (up 28.23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28.23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹1.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of JM Financial Commtrade Limited, buy the company report.
Board of directors and KMP of JM Financial Commtrade Limited
JM Financial Commtrade Limited currently reports 3 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Agrawal Also directs: JM Financial Services Limited | Cfo | 20 Oct 2022 | 4 Years 0 Months | Current |
| Nirav Mansukhlal Gandhi Also directs: JM Financial Services Limited, 9 and 9 Bi (OPC) Private Limited | Managing Director | 20 Jul 2021 | 5 Years 3 Months | Current |
| Prashant Choksi Kishor Also directs: SNK Investments Private Limited, JM Financial Trustee Company Private Limited, JSB Securities Limited and 2 more | Director | 06 May 2005 | 21 Years 5 Months | Current |
| Venkata Krishna Rao Vedurmudi | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
Auditor
JM Financial Commtrade Limited is audited by V C SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C SHAH & CO | FY 2023 | 109818W |
Shareholding
The shareholding of JM Financial Commtrade Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JM Financial Commtrade Limited, buy the company report.
Legal cases
JM Financial Commtrade Limited has 6 court cases on record: 1 filed by JM Financial Commtrade, 5 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed against the company by National Spot Exchange Limited Sudhanshu Pandey Malkani Chambers, 1St Floor, Off. Nehru Road, Near Hotel Orchid Ville Parle (E) Mumbai ,Mumbai , Maharashtra | Pending |
| Supreme Court | Court case (1412-Criminal Matters : Criminal T.P. Under Section 406 of the Cr.P.C.) | Filed against the company by 63 Moons Technologies Limited Indrajeet Kanojiya (Earlier Known As Ftil) FT Tower, CTS No. 256 and 257, Suren Road, Chakala, Andheri (East) ,Mumbai , Maharashtra | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by MGM Forgings Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (PMLA SPL CASE) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (MAHA P I D 1999) | Filed against the company | Pending |
To see the full case history of JM Financial Commtrade Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JM Financial Commtrade Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JM Financial Commtrade Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
JM Financial Commtrade has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ5602K1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AABCJ5602K2ZK | Maharashtra | Active | 10 Nov 2017 |
| 04AABCJ5602K1ZT | Chandigarh | Active | 07 Jul 2017 |
| 23AABCJ5602K1ZT | Madhya Pradesh | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of JM Financial Commtrade Limited, buy the company report.
Recent activity
JM Financial Commtrade Limited has 16 board changes on record since 2005: 10 appointments and 6 cessations. The latest: Venkata Krishna Rao Vedurmudi was appointed as Director on 19 Jan 2023.
7 earlier events are in the company report.
News
Frequently asked questions
JM Financial Commtrade is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 May 2005 (21+ years old) and is registered under CIN U51100MH2005PLC153110.
JM Financial Commtrade has 4 current directors and KMP:
- Nirav Mansukhlal Gandhi - Managing Director
- Prashant Choksi Kishor - Director
- Venkata Krishna Rao Vedurmudi - Director
- Amit Agrawal - Cfo
The latest financial statements of JM Financial Commtrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JM Financial Commtrade is 27AABCJ5602K1ZL, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCJ5602K2ZK (Maharashtra), 04AABCJ5602K1ZT (Chandigarh), 23AABCJ5602K1ZT (Madhya Pradesh).
The CIN (Corporate Identification Number) of JM Financial Commtrade is U51100MH2005PLC153110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JM Financial Commtrade has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
JM Financial Commtrade was incorporated on 06 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Venkata Krishna Rao Vedurmudi was appointed as Director on 19 Jan 2023. Subodh Damodar Shinkar ceased to be Director on 31 Oct 2022. Amit Agrawal was appointed as CFO on 20 Oct 2022. JM Financial Commtrade has 16 board changes on record in total.
JM Financial Commtrade can be reached through the website jmfl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of JM Financial Commtrade is at 7th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
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