About Jm Financial Services Limited
Data last updated: 17 February 2026
Jm Financial Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Jm Financial Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 19 June 1998, the company has been in operation for over 28 years.
Registered with ROC Mumbai under CIN U67120MH1998PTC115415.
Capital: an authorised share capital of ₹365 Cr and a paid-up capital of ₹75.83 Cr. Formerly known as Jm Financial Services Private Limited and Jm Morgan Stanley Financial Services Private Limited. It is led by directors including Prakash Parthasarathy and Dipti Neelakantan.
Last AGM: 28 July 2025. Financial statements filed for year ended 31 March 2025. Office: 7Th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
The company has a workforce of approximately 1,481 employees as per the latest available data. It operates as a subsidiary of Jm Financial Limited.
The company is associated with 2 brands - Bondskart, Jm Financial Services. As per MCA filings, the company has open charges of ₹3,769.45 Cr and satisfied charges of ₹486 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jmfinancialservices.in.
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Registered Address7Th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Jm Financial Services Limited
Jm Financial Services Limited has undergone 3 name changes throughout its history. The company was previously known as Jm Financial Services Private Limited, Jm Morgan Stanley Financial Services Private Limited, and Jm Morgan Stanley Financial Services Limited. The current legal name is Jm Financial Services Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Jm Financial Services Limited | Current |
| Jm Financial Services Private Limited | Previous |
| Jm Morgan Stanley Financial Services Private Limited | Previous |
| Jm Morgan Stanley Financial Services Limited | Previous |
CIN History of Jm Financial Services Limited
Jm Financial Services Limited has one previous CIN (Corporate Identification Number): U67120MH1998PTC115415. The current CIN is U67120MH1998PLC115415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1998PLC115415 | Current |
| U67120MH1998PTC115415 | Previous |
Associated Brands with Jm Financial Services Limited
Jm Financial Services Limited operates two associated brands: Bondskart and JM Financial Services. These brands represent Jm Financial Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An online platform is operated for bond investments. | bondskart.com | |
| Diversified asset management services are offered from Mumbai, India. | jmfinancialservices.in |
Competitors & Alternatives of Jm Financial Services Limited
Brands and companies operating in the same space as Jm Financial Services Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
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Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
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Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
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Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Stable Money
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Online platform for fixed deposit investments | Bengaluru, India, India | 2022 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
InCred Money
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Provider of a platform for investing in unlisted shares, fixed deposits, and bonds | Mumbai, India, India | 2015 |
Business Activity of Jm Financial Services Limited
Jm Financial Services Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Financial Advisory, brokerage and Consultancy Services | Locked |
Detailed business activity records for Jm Financial Services Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Jm Financial Services Limited
Jm Financial Services Limited currently reports 9 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Prakash Parthasarathy
Also directs:
Creaegis Principals Llp, Creaegis Advisors Llp, Kale Logistics Solutions Private Limited and 1 more
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Director | 22 Oct 2021 | 4 Years 9 Months | Current |
| Dipti Neelakantan | Director | 29 Mar 2001 | 25 Years 3 Months | Current |
| Dimplekumar Shah | Whole-Time Director | 03 Jun 2021 | 5 Years 1 Months | Current |
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Parthiv Tanil Kilachand
Also directs:
Gujarat Poly Electronics Limited, Polychem Limited, Tulsi Global Logistics Private Limited and 5 more
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Director | 24 Apr 2019 | 7 Years 3 Months | Current |
| Vishal Nimesh Kampani | Director | 21 Jun 2001 | 25 Years 1 Months | Current |
| Hemant Manharlal Kotak | Director | 27 Jan 1999 | 27 Years 5 Months | Current |
Financials of Jm Financial Services Limited FY 2025 filings available
Ten-year financial statements for Jm Financial Services Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jm Financial Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2025 | Hdfc Bank Limited | ₹675 Cr | Open |
| 26 Aug 2025 | Others | ₹100 Cr | Open |
| 27 Feb 2025 | Others | ₹50 Cr | Open |
| 01 Feb 2025 | Others | ₹90.9 Cr | Open |
| 31 Jan 2025 | Indian Bank | ₹90.9 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Jm Financial Services Limited
View historical data on people associated with Jm Financial Services Limited, including employment history and EPFO contributions.
Employee and EPFO history for Jm Financial Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Jm Financial Services Limited
GST registrations and filing compliance for Jm Financial Services Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Jm Financial Services Limited
Credit ratings, litigation, and regulatory alerts for Jm Financial Services Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Jm Financial Services Limited
MSME payment history for Jm Financial Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Jm Financial Services Limited
Corporate group structure for Jm Financial Services Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Jm Financial Services Limited
MCA filings and documents for Jm Financial Services Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Jm Financial Services Limited
Recent News on Jm Financial Services Limited
Frequently Asked Questions about Jm Financial Services Limited
Jm Financial Services Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 19 June 1998 (28+ years old) and is registered under CIN U67120MH1998PLC115415. The company has 1,481 employees.
The current directors and KMP of Jm Financial Services Limited are:
- Prakash Parthasarathy - Director
- Dipti Neelakantan - Director
- Dimplekumar Shah - Whole-Time Director
- Parthiv Tanil Kilachand - Director
- Vishal Nimesh Kampani - Director
- Hemant Manharlal Kotak - Director
- Amit Agrawal - Cfo
- Nirav Mansukhlal Gandhi - Whole-Time Director
- Hariharan Ramamurthi Aiyar - Director
- Chirag Ranjit Negandhi - Managing Director
The primary industry of Jm Financial Services Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Jm Financial Services Limited can be reached at the registered office: 7Th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025, or through the website jmfinancialservices.in.
The authorised capital is ₹365 Cr, and the paid-up capital is ₹75.83 Cr.
The company has its registered office at 7Th Floor Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.