JM Financial Ltd. operates as an investment holding company. Through its subsidiaries, it provides investment banking, institutional equity sales, trading, research and broking, private and corporate wealth management, equity broking, portfolio management, asset management, commodity broking, non-banking financial institution activities, private equity and asset reconstruction. It operates through the following segments: Investment Banking, Wealth Management & Securities Business; Mortgage Lending; Asset Management and Distressed Credit. The Investment Banking, Wealth Management & Securities Business segment includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. The Mortgage Lending segment provides finance against commercial real estate and residential real estate to a corporates and non-corporate clients. It also includes housing finance business, lending to education institutions and SME Lending. The Asset Management segment involves managing mutual fund assets through several schemes, offering a range of investment options to a large number of clients which predominantly include institutional and corporate clients as well as high net worth individuals. The Distressed Credit segment includes securitisation and reconstruction of financial assets. The company was founded by Nimesh Nagindas Kampani in 1973 and is headquartered in Mumbai, India.
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