About Us

Jamnadas Morarjee Securities Ltd is one of the Premier Brokerage Firms in India as well as one of the oldest members of the BSE. Established in the early 1860’s as an investment brokerage firm, it has evolved into a research powerhouse with set corporate ideals that extend beyond mere sales and execution of transactions while catering to Retail, Institutional, Corporate, NRI and High Net worth Clients.

We offer a bouquet of products & services by providing clients with weekly, monthly and yearly forecasts through technical research reports. We urge our clients to focus their investments in Equity to build their long-term wealth.

History Timeline

1860

In the early 1860’s, a Group of young visionaries including Seth Morarjee Jutha, assembled under a banyan tree near Horniman Circle, not too far away from today’s Dalal Street, to trade in stocks.

1875

The same group laid the foundation for what is now the Bombay Stock Exchange (BSE). Seth Morarjee Jutha’s mantle later devolved on his son Seth Jamnadas Morarjee, who also rose to become a respected member of the BSE and served on its board for several decades.

1941

Seth Navinchandra C. Kampani was inducted as a partner in Jamnadas Morarjee & Co. He was an innovator and a visionary in his own right and then went on to become the founder promoter and later Chairman of JM Financial & Investment Consultancy Ltd. (JMFICS), the country’s foremost Merchant Banking firm.

1959

Mr. Mahendra N. Kampani, son of Seth Navinchandra C. Kampani joined the company. He was an entrepreneur, visionary and an eminent personality in the Indian Capital Markets. He was recognized as the pioneer of Portfolio Management in India. He held the position of President of the BSE for a period of one year (1987-1988), after serving on the board for 5 years (1982-1987). He played a key role in building a modern stock market, as a member of the expert committee inculcated for the “Development of Capital Markets in India”. He was instrumental in setting up JMFICS where he was the vice chairman. He spearheaded the committee charged with the task of automating and computerizing the trading system of BSE.

1976

Hemant N. Kampani, son of Mr Navinchandra C. Kampani, graduated from H.R. College of Commerce & Economics. Throughout his 43-year career in the Capital Markets, his professional experience proved invaluable in advising clients. He also served as Treasurer of the BSE Brokers Forum. He dedicated himself to the growth and development of JMSL. He administered the day-to-day operations of the company and was actively involved in educating clients about the technicalities and benefits of trading. He managed the local and overseas clientele business.

Team Members

Chandresh Kampani

Whole Time Director

Mr Chandresh Kampani, son of Mr. Mahendrakumar N. Kampani has over 4 Decades of experience in the Indian Capital Markets. He is a Commerce Graduate from H.R. College. Chandresh looks after the Institutional & HNI businesses of JMSL. He is a Technical Analyst & an active trader. He is also responsible for Technical Research & Business Development of JMSL.

Harses Kampani

Whole Time Director

Mr Harses Kampani is the son of Mr Hemant Kampani. He has completed BFM from HR college and various investment courses across universities and institutes. He currently leads the research team and is actively involved in generating ideas for clients. He also advises HNIs on their portfolio strategy. Previously he worked for 5 years at JM Financial Institutional Equities Research covering sectors such as Telecom, Media, Industrials, Defence and EDM. He also had a short stint at the research team of Prabhudas Lilladher Pvt Ltd.

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.

Investor Advisory

As part of our commitment to investor protection, we provide the following advisory:

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.

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