JMP Securities Private Limited
About JMP Securities Private Limited
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JMP Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1999PTC123248. Its GSTIN is 27AAACJ8850C1ZN (Maharashtra).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹3.03 Cr. It is led by directors Mahesh Popatlal Vora and Kashyap Mahesh Vora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 801 To 806 Elite Square 8th Floor 274 Perin Nariman Street Bazar Gate Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.55 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Cr (net margin 28.3%) and EBITDA of ₹2.72 Cr (EBITDA margin 31.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 20% over five years.
The company is associated with 1 brand: JMP Securities. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
JMP Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address801 To 806 Elite Square 8th Floor 274 Perin Nariman Street Bazar Gate Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of JMP Securities Private 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
Brands
JMP Securities operates one associated brand: JMP Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers stock broking, trading platforms, and investment advice to clients. | jmpsecuritiespvtltd.com |
Business activity
The main business activity of JMP Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of JMP Securities Private Limited, buy the company report.
Financials of JMP Securities Private Limited
FY 2025 filings availableJMP Securities Private Limited reported revenue of ₹8.55 Cr (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 87% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.72 Cr | ||||
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| Net Profit (PAT) | ₹2.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 31.8% | ||||
| Net Profit Margin | 28.3% | ||||
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To see the full financial statements and ratios of JMP Securities Private Limited, buy the company report.
Board of directors of JMP Securities Private Limited
JMP Securities has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Popatlal Vora | Director | 23 Dec 1999 | 26 Years 10 Months | Current |
| Kashyap Mahesh Vora | Director | 20 Jul 2001 | 25 Years 3 Months | Current |
Auditor
JMP Securities Private Limited is audited by ASHWIN K SHAH & CO LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWIN K SHAH & CO LLP | FY 2020 | 100724W |
Shareholding
The shareholding of JMP Securities Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of JMP Securities Private Limited, buy the company report.
Legal cases
JMP Securities Private Limited has 8 court cases on record: 5 filed by JMP Securities, 3 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Hero Honda Motors Ltd and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Hero Honda Motors Ltd and Ors | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Hero Honda Motors Ltd.And Ors. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax 4 Mumbai | Pending |
| Supreme Court | Appeal | Filed against the company by Deputy Commissioner of Income Tax and 1 other | Disposed |
To see the full case history of JMP Securities Private 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 JMP Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JMP Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ8850C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JMP Securities Private Limited, buy the company report.
Recent activity
JMP Securities Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Jackie Mahesh Vora ceased to be Director on 26 Mar 2024.
Frequently asked questions
JMP Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 December 1999 (27+ years old) and is registered under CIN U67120MH1999PTC123248.
JMP Securities has 2 current directors:
- Mahesh Popatlal Vora - Director
- Kashyap Mahesh Vora - Director
The latest financial statements of JMP Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JMP Securities is 27AAACJ8850C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of JMP Securities is U67120MH1999PTC123248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMP Securities has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
JMP Securities was incorporated on 23 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Jackie Mahesh Vora ceased to be Director on 26 Mar 2024. Kashyap Mahesh Vora was appointed as Director on 20 Jul 2001. Mahesh Popatlal Vora was appointed as Director on 23 Dec 1999.
The registered office of JMP Securities is at 801 To 806 Elite Square 8th Floor 274 Perin Nariman Street Bazar Gate Fort, Mumbai, Maharashtra, India – 400001.
JMP Securities operates in the financial services industry, in the brokerage and trading services segment.