Financial Services • Stock broking

Jainam Broking Limited is a stock broking company founded in 2003 and registered in Gujarat. Its registered office is in GIFT City, Gandhinagar, and the company also operates from Jainam House in Piplod, Surat. In its annual return, all of its turnover is classified under other financial activities. The company's own account-opening paperwork lists it as a member of BSE, NSE, MCX, NCDEX and MSEI, and as a depository participant with CDSL. On the numbers, the consolidated results in the notice for the 23rd annual general meeting show revenue from operations of ₹15,879.12 million in FY26, against ₹19,902.06 million in FY25 and ₹25,702.61 million in FY24. Profit after tax was ₹4,693.25 million in FY26, ₹4682.83 million in FY25 and ₹3881.41 million in FY24. So revenue has come down for two years in a row while profit has stayed in the same range. The board has recommended a final dividend of ₹0.40 per equity share of ₹2 face value for FY26. The company is led by its promoter family. Milan Suresh Parikh is the Managing Director and has been with the company since it began in 2003. Vidhi Dishant Parikh is a Whole-time Director and the CFO, and Anal Milan Parikh is also on the board. The company has subsidiaries, and its directors also sit on the boards of group entities such as Jainam IFSC Mavens Private Limited and Jainam Finsoft Private Limited. On the IPO front, the company has filed its DRHP with SEBI. This page does not predict the issue size, price or dates. The dates and price will be known only when the company files its final offer documents. Unlisted shares of a company like this trade off the stock exchange, between private buyers and sellers through dealers. The indicative price on this page is ₹218 per share with a lot size of 1000 shares, which at 179992515 shares works out to an implied market cap of about ₹3923.84 crore. These are indicative prices, not exchange prices, and the company's financials above are as reported by the company.
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Data refreshed 08 Nov 2026, 09:00 pm IST.