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JM Financial shareholders and shareholding pattern

NSE: JMFINANCILBSE: 523405FinanceSmall Cap

Last close ₹106.19down ₹4.78 (4.31%)BSE ₹106.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹110.97.

52-week range of traded prices to 23 Oct 2026
₹104.60Low, 23 Oct 2026₹175.70High, 23 Oct 2025
Market cap
₹10,162 Cr494th largest listed
P/E
9.8
P/B
1.0
Dividend yield
3.06%
ROE
10.2%
ROCE
9.9%
Debt to equity
1.01
Volume, NSE
25,83,90548.0% delivered

Who owns JM Financial, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters57.95%
  • Foreign institutions16.87%
  • Indian institutions5.07%
  • Individuals and others20.11%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 14 JanMar 2017Filed 19 AprJun 2017Filed 13 JulSep 2017Filed 5 OctDec 2017Filed 24 JanMar 2018Filed 6 AugJun 2018Filed 6 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 9 AprJun 2019Filed 20 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 11 MayJun 2020Filed 20 JulSep 2020Filed 21 OctDec 2020Filed 14 JanMar 2021Filed 14 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 19 JanMar 2022Filed 21 AprJun 2022Filed 19 JulSep 2022Filed 20 OctDec 2022Filed 20 JanMar 2023Filed 20 AprJun 2023Filed 20 JulSep 2023Filed 19 OctDec 2023Filed 18 JanMar 2024Filed 15 AprJun 2024Filed 20 JulSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 21 AprJun 2025Filed 21 JulSep 2025Filed 20 OctDec 2025Filed 21 JanMar 2026Filed 21 AprJun 2026Filed 20 JulSep 2026Filed 19 Oct
65.33%65.32%65.15%65.10%65.09%62.12%62.00%61.99%62.06%62.07%62.01%62.06%62.06%62.05%54.84%54.82%54.81%54.79%54.75%54.81%55.27%55.42%55.41%56.01%56.01%56.49%56.47%56.47%56.44%56.44%56.43%56.43%56.43%56.50%56.51%56.60%56.90%57.07%57.03%57.95%
Indian promoters65.33%65.32%65.15%65.10%65.09%62.12%62.00%61.99%62.06%62.07%62.01%62.06%62.06%62.05%54.84%54.82%54.81%54.79%54.75%54.81%55.27%55.42%55.41%56.01%56.01%56.49%56.47%56.47%56.44%56.44%56.43%56.43%56.43%56.50%56.51%56.60%56.90%57.07%57.03%57.95%
34.67%34.68%34.85%34.90%34.91%37.88%38.00%38.01%37.94%37.93%37.99%37.94%37.94%37.95%45.16%45.18%45.19%45.21%45.25%45.19%44.73%44.58%44.59%43.99%43.99%43.51%43.53%43.53%43.56%43.56%43.57%43.57%43.57%43.50%43.49%43.40%43.10%42.93%42.97%42.05%
Shares in issue79,37,49,78879,45,25,11479,67,89,16679,73,71,00779,75,87,75083,78,80,25883,94,44,20283,96,66,32483,99,11,06583,99,31,46384,08,68,78484,10,67,84684,11,68,90284,12,24,64795,18,98,55895,22,23,24295,23,91,09495,27,22,71195,34,71,51295,35,68,74995,40,44,76295,40,55,53395,43,79,48595,47,62,28895,47,87,07895,48,03,80395,50,31,40995,51,04,02295,55,28,95295,55,92,75195,57,39,24295,57,53,73795,57,65,81695,58,43,11095,61,62,34095,62,16,09095,63,35,87395,63,70,55295,69,59,93695,70,04,936
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of JM Financial shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 14 JanMar 2017Filed 19 AprJun 2017Filed 13 JulSep 2017Filed 5 OctDec 2017Filed 24 JanMar 2018Filed 6 AugJun 2018Filed 6 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 9 AprJun 2019Filed 20 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 11 MayJun 2020Filed 20 JulSep 2020Filed 21 OctDec 2020Filed 14 JanMar 2021Filed 14 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 19 JanMar 2022Filed 21 AprJun 2022Filed 19 JulSep 2022Filed 20 OctDec 2022Filed 20 JanMar 2023Filed 20 AprJun 2023Filed 20 JulSep 2023Filed 19 OctDec 2023Filed 18 JanMar 2024Filed 15 AprJun 2024Filed 20 JulSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 21 AprJun 2025Filed 21 JulSep 2025Filed 20 OctDec 2025Filed 21 JanMar 2026Filed 21 AprJun 2026Filed 20 JulSep 2026Filed 19 Oct
All shareholders39,43637,00239,53145,39255,35154,78456,39356,62958,25058,95056,74855,06454,05653,33559,35862,01068,53861,83169,79192,69195,17299,22999,90398,30197,86596,9361,06,9891,19,3011,35,1031,58,4461,63,9441,62,2101,89,5961,87,1631,73,2901,77,1601,76,5561,72,8021,75,5111,72,747
12121212111212121212121212121212121212121212121212131311111111111111111111111112
Indian promoters12121212111212121212121212121212121212121212121212131311111111111111111111111112
39,42436,99039,51945,38055,34054,77256,38156,61758,23858,93856,73655,05254,04453,32359,34661,99868,52661,81969,77992,67995,16099,21799,89198,28997,85396,9231,06,9761,19,2901,35,0921,58,4351,63,9331,62,1991,89,5851,87,1521,73,2791,77,1491,76,5451,72,7911,75,5001,72,735
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

JM Financial promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is J. M. Financial and Investment Consultancy Services Private Limited, 24.98%.Promoter buying and selling

Holder
J. M. Financial and Investment Consultancy Services Private LimitedIndian companies, trusts and others24.98%23,91,02,512
Nimesh KampaniIndividuals and Hindu undivided families13.11%12,54,15,624
J. M. Assets Management Private LimitedIndian companies, trusts and others11.75%11,24,07,908
Aruna KampaniIndividuals and Hindu undivided families2.82%2,70,00,000
SNK Investments Private LimitedIndian companies, trusts and others2.11%2,02,21,250
Vishal KampaniIndividuals and Hindu undivided families1.36%1,30,00,000
Amishi Akash GambhirIndividuals and Hindu undivided families0.84%80,00,300
JSB Securities LimitedIndian companies, trusts and others0.44%42,48,000
JM Financial Trustee Company Private LimitedIndian companies, trusts and others0.28%26,82,331
Nimesh Kampani HUF (Nimesh Kampani - Karta)Individuals and Hindu undivided families0.13%12,50,000
Shiv Vishal KampaniIndividuals and Hindu undivided families0.13%12,00,000
Kampani Properties and Holdings LimitedIndian companies, trusts and others0.01%60,000
No promoter shares are reported as pledged.

Largest public holders of JM Financial, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding JM Financial

HolderDec 2016Filed 14 JanMar 2017Filed 19 AprJun 2017Filed 13 JulSep 2017Filed 5 OctDec 2017Filed 24 JanMar 2018Filed 6 AugJun 2018Filed 6 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 9 AprJun 2019Filed 20 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 11 MayJun 2020Filed 20 JulSep 2020Filed 21 OctDec 2020Filed 14 JanMar 2021Filed 14 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 19 JanMar 2022Filed 21 AprJun 2022Filed 19 JulSep 2022Filed 20 OctDec 2022Filed 20 JanMar 2023Filed 20 AprJun 2023Filed 20 JulSep 2023Filed 19 OctDec 2023Filed 18 JanMar 2024Filed 15 AprJun 2024Filed 20 JulSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 21 AprJun 2025Filed 21 JulSep 2025Filed 20 OctDec 2025Filed 21 JanMar 2026Filed 21 AprJun 2026Filed 20 JulSep 2026Filed 19 Oct
TIMF HOLDINGSForeign portfolio investors, category I2.54%2.56%2.54%2.03%1.79%1.86%1.86%1.86%1.70%1.70%1.70%1.70%1.70%1.70%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%–1.69%1.69%1.69%1.69%1.69%2.31%2.31%2.31%2.31%2.36%2.36%2.36%2.36%2.36%2.36%2.36%
BARON EMERGING MARKETS FUNDForeign portfolio investors, category I––1.65%2.07%2.21%2.42%2.42%2.43%2.43%2.46%2.48%2.48%2.65%2.68%3.71%3.71%3.83%4.02%4.01%4.81%4.76%4.76%4.68%4.67%4.55%4.55%4.42%4.42%4.35%3.99%2.96%2.97%3.01%2.90%2.76%2.29%2.23%2.23%2.20%2.12%
THINK INDIA OPPORTUNITIES MASTER FUND LPForeign portfolio investors, category I–––––––––––––––––––––––––––––––1.07%–––1.21%1.21%1.21%1.21%1.21%
ROBECO CAPITAL GROWTH FUNDS - ROBECO QI EMERGING MARKETS ACTIVE EQUITIESForeign portfolio investors, category I–––––––––––––––––––––––––––––––––––1.19%1.19%1.19%1.19%1.19%
VIKRAM SHANKAR PANDITForeign direct investment1.47%1.47%1.46%1.46%1.46%1.39%1.39%1.39%1.39%1.39%1.39%1.38%1.38%1.38%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.21%1.00%
ROBECO CAPITAL GROWTH FUNDSForeign portfolio investors, category I––––––––––––––––––––––––––––––––1.17%1.30%1.30%–––––
ELEVATION CAPITAL VI FII HOLDINGS LIMITEDForeign portfolio investors, category I––––––––––––––––––1.59%1.59%–1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%–––––––––
VALIANT MAURITIUS PARTNERS OFFSHORE LIMITEDForeign portfolio investors, category I2.16%2.24%2.23%2.17%1.99%1.68%1.70%2.14%2.48%2.62%2.62%2.62%2.62%2.66%3.68%3.68%3.39%3.52%3.52%3.19%3.00%3.00%–2.70%2.70%2.33%1.28%–––––––––––––
ALLSPRING EMERGING MARKETS EQUITY FUNDForeign portfolio investors, category I–––––––––––––––––––––––1.21%1.21%1.21%1.21%–––––––––––––
Valiant Mauritius Partners LimitedForeign portfolio investors, category I1.77%1.69%1.68%1.63%1.50%1.13%1.15%1.38%1.63%1.49%1.49%1.49%1.49%1.45%1.88%1.88%1.80%1.67%1.67%1.42%1.31%1.31%4.02%1.02%1.02%–––––––––––––––
TIMF HOLDINGForeign portfolio investors, category I–––––––––––––––––––––––1.69%––––––––––––––––
WELLS FARGO EMERGING MARKETS EQUITY FUNDInstitutions Foreign Portfolio Investor––––––––––––––1.22%1.22%1.21%1.21%1.21%1.21%1.21%1.21%1.21%–––––––––––––––––
SAIF India VI FII Holdings LimitedInstitutions Foreign Portfolio Investor––––––––1.80%1.80%1.80%1.80%1.80%1.80%1.59%1.59%1.59%1.59%––––––––––––––––––––––
The Wellington Trust Company National AssociationInstitutions Foreign Portfolio Investor–––––––1.01%–––1.50%1.63%1.63%1.44%1.41%1.23%1.06%––––––––––––––––––––––
BNP Paribas ArbitrageInstitutions Foreign Portfolio Investor––––––––––––––1.27%1.06%1.06%–––––––––––––––––––––––
Fidelity Investment Trust Fidelity Series Emerging Markets Opportunities FundInstitutions Foreign Portfolio Investor––––––––––––––2.04%3.09%––––––––––––––––––––––––
Fidelity Investment Trust Fidelity Series EmergingInstitutions Foreign Portfolio Investor––––––––––1.18%1.17%1.28%1.30%––––––––––––––––––––––––––
Wellington Trust Company National AssociationInstitutions Foreign Portfolio Investor––––––––––1.23%–––––––––––––––––––––––––––––
The Wellington Trust Company National Association Multiple Common Trust Funds Trust Emerging Markets Local Equity PortfolioInstitutions Foreign Portfolio Investor––––––––1.23%1.23%––––––––––––––––––––––––––––––
Azim Premji TrustOther non-institutions–2.75%2.40%2.15%2.15%1.83%1.39%–––––––––––––––––––––––––––––––––
Morgan Stanley Asia (Singapore) Pte.Institutions Foreign Portfolio Investor4.69%4.26%1.14%–––––––––––––––––––––––––––––––––––––
Azim Hasham PremjiResident individuals, over ₹2 lakh at face value2.76%–––––––––––––––––––––––––––––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.