JM FINANCIAL

JM Financial Ltd. operates as an investment holding company, which engages in providing 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; Mortgage Lending; Alternative and Distressed Credit; and Asset Management, Wealth Management and Securities Business (Platform AWS). The Investment Bank segment includes management of capital markets transactions, advising on mergers and acquisitions, and private equity syndication. It also covers institutional equities business and research, private equity funds, fixed income, syndication and finance. The Mortgage Lending segment provides finance against commercial real estate and residential real estate to a diverse range of corporate and non-corporate clients and includes housing finance business and lending to education institutions. The Alternative and Distressed Credit includes securitisation and reconstruction of financial assets and management of alternative credit funds. The Asset Management, Wealth Management and Securities Business (Platform AWS) segment refers to the investment advisory and distribution services, involving equity brokerage services, wealth management, capital market lending for wealth management, broking clients, and distribution of financial products. The company was founded by Nimesh Nagindas Kampani in 1973 and is headquartered in Mumbai, India.