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Please refrain from sharing your trading credentials, including login IDs, passwords, and OTPs.
Exercise caution while trading in leveraged products such as options, ensuring you have a proper understanding of the associated risks.
Avoid dealing in unsolicited tips received through various channels, including WhatsApp, Telegram, YouTube, Facebook, SMS, and calls.
Be cautious about trading in “Options” based solely on recommendations from unauthorized or unregistered investment advisors and influencers.
We advise you to remain vigilant and stay informed about unauthorized practices in the market. Protecting your interests and ensuring a secure trading experience is our top priority.

Investments in securities market are subject to market risks; read all the related documents carefully before investing.

Attention Investors!

Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link:

Claim against Defaulter

Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

Jamnadas Morarjee Securities Ltd (JMSL), one of the premier brokerage firms in India and one of the oldest members of the Bombay Stock Exchange.

Jamnadas Morarjee Securities Ltd
Member of BSE & NSE
SEBI Registration Number: INZ000230932
Address: 204 Stock Exchange Towers, Dalal St, Fort, Mumbai – 400 001

Important Notice : Update Your Contact Information

Dear Valued Clients,

We kindly request you to update your email IDs and mobile numbers with us. Keeping your contact information up to date ensures effective communication and allows us to provide you with timely updates and assistance. Please contact our customer support to update your details.

Policy for Inactive Accounts

We prioritize the security and efficient management of client accounts. As per exchange guidelines, we have implemented a policy regarding the treatment of inactive accounts. This policy covers the following aspects:
A year of Inactivity will lead to categorization of account as Inactive

Investor Grievance Complaints

We maintain an Investor Grievance Register to record and address any grievances raised by our clients. To ensure prompt attention to your concerns, we have designated a specific email ID for registering complaints. Please contact our customer support or send an email to grievance@jmsl.in to report any grievances you may have.

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

Investors can also opt for Online Dispute Resolution through the SmartODR Platform.

Account Opening KYC Form

For A/C Opening you can go to the contact us page and get in touch to receive a KYC Form.
The documents required would include PAN Card, Aadhar Card, Demat A/C CML, cancelled cheque, and nominee form.

E – Voting

CDSL

NSDL

Demat Account Do’s & Don’ts

CDSL

NSDL

BANK DETAILS FOR MARGIN TRANSFER

BENEFICIARY’S NAME : JAMNADAS MORARJEE SECURITIES LTD

ACCOUNT NO. : 008620100010311

BANK : BANK OF INDIA

TYPE OF ACCOUNT : CURRENT ACCOUNT

IFSC : BKID0000086

BRANCH : STOCK EXCHANGE BRANCH

Track Your Investment Details on BSE’s Collateral Visibility Portal

Link: Visit the Collateral Visibility Portal

Risk disclosures on derivatives

Risk disclosure in the Equity Futures & Options segment aims to inform individual traders about the inherent risks involved in trading these derivative instruments. By disclosing these risks, regulatory bodies such as SEBI seek to ensure that traders are fully aware of the nature of these instruments and the challenges they pose.

9 out of 10 individual traders in the Equity Futures and Options Segment, incurred net losses.
On average, loss makers registered net trading losses close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction costs.

Source: SEBI Circular