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Jainam Broking Limited

At a glance

  • Sales

    FY26

    ₹1,588 Cr

    −20.2%on FY25

    What the company earned from its customers in the year.

  • Profit

    FY26

    ₹469 Cr

    +0.2%on FY25

    What was left after every cost and tax was paid.

  • Market valuecalculated

    ₹3,885 Cr

    What the whole company would be worth at GrowFast's indicative price.

  • Net worth

    FY26

    ₹2,223 Cr

    What the owners would have left on paper if every debt was repaid.

From the company's published figures; sources are beside each figure further down the page.

Key details

Company
Jainam Broking Limited
ISIN
INE0JY501027
Sector
Capital Markets
Type of share
Unlisted equity share
Indicative price per share
₹215.82
Price last updated
12 Oct 2026
Minimum quantity
Confirmed by the desk
How you hold it
In your own demat account
Enquiries
GrowFast desk, on WhatsApp

Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.

Company

About Jainam Broking Limited

Jainam Broking is a Surat-based stock and commodity broker and depository participant that also offers margin trading funding, with its registered office in GIFT City, Gandhinagar; it had about 4.15 lakh clients and 52 branches in March 2026. Most of its income, however, comes from trading on its own account, shown as net gains on fair value changes. It is controlled by the Parikh family through the promoter firm Prarthana Enterprises and chairman and managing director Milan Parikh.

Written from: jainam.in

Financials

Ask for the full annual report.

The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.

Ask for the financials
Sector
Capital Markets
ISIN
INE0JY501027
Year of incorporation
2003
Head office
Registered office: GIFT City, Gandhinagar, Gujarat; corporate office: Jainam House, Piplod, Surat, Gujarat
Promoters
Parikh family: M/s. Prarthana Enterprises (43.25%), Milan S. Parikh (7.18%), Anal Milan Parikh (0.68%), Vidhi Dishant Parikh (0.28%)
Key people
Chairman and Managing Director: Milan Suresh Parikh; Whole-time Director and CFO: Vidhi Dishant Parikh; Executive Director: Anal Milan Parikh
Employees
6,243 people
Face value
₹2
Shares outstanding
17,99,92,515 shares
CIN
U67120GJ2003PLC043162
Website
jainam.in

Read from: Jainam Broking annual report 2025-26 (company website), unless another source is shown on a card.

Key data

What the numbers mean

The ratios buyers look at, each said in plain words.

  • Price to earnings (P/E)calculated

    8.3×

    At this price you pay ₹8.3 for every ₹1 of profit the company made in the year.

  • Price to book (P/B)calculated

    1.75×

    At this price you pay ₹1.75 for every ₹1 of net worth on the company's books.

  • Profit margincalculated

    29.6%

    Out of every ₹100 of sales, ₹29.6 was left as profit.

  • Return on equitycalculated

    21.1%

    For every ₹100 of the owners' money, the company made ₹21.1 of profit in the year.

  • Debt to equitycalculated

    0.21×

    The company has borrowed ₹0.21 for every ₹1 of its owners' money.

Indicative price
₹215.82
Market valuecalculated
₹3,885 Cr
price × shares
No. of shares
17,99,92,515
EPS
₹26.07
Book value per share
₹123.51
Face value
₹2

Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.

Figures in ₹ crore

Financials

Jainam Broking Limited. As published in the company's audited reports. GrowFast has not audited them.

Published figures by financial year
ParticularsFY25FY26Latest
Total revenue from operations1,990.211,587.91▼20%
Other income1.421.21▼15%
Total revenue1,991.631,589.12▼20%
Depreciation and amortization expense4.9810.4▲109%
Finance cost161.21107.21▼33%
Profit before tax626.69629.57
Profit for the year468.28469.32
Basic and diluted earnings per share (face value ₹2) (₹)26.0226.07
Fees and commission income (within revenue)178.06189.5▲6%
Interest income (within revenue)204.38325.57▲59%
Net gain on fair value changes (proprietary trading, within revenue)1,594.781,066.19▼33%

Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Jainam Broking annual report 2025-26 (company website).

Ownership

Shareholding pattern

Who owns the company

As of 31 March 2026

Promoter: M/s. Prarthana Enterprises: 43.25%Jainam Fincap Private Limited: 21.42%Dishant M. Parikh: 8.36%Promoter: Milan S. Parikh: 7.18%Promoter: Anal Milan Parikh: 0.68%Others: 0.28%Not broken out: 18.83%

43.3%Promoter: M/s. Prarthana Enterprises

Largest holder
43.3%
Top 3 together
73.0%
Holders named
6
  • Promoter: M/s. Prarthana Enterprises43.25%
  • Jainam Fincap Private Limited21.42%
  • Dishant M. Parikh8.36%
  • Promoter: Milan S. Parikh7.18%
  • Promoter: Anal Milan Parikh0.68%
  • Promoter: Vidhi Dishant Parikh0.28%
  • Total81.17%

Read from: Jainam Broking annual report 2025-26 (company website)

Capital history

Fund raise history

Share issues by Jainam Broking Limited
Date and detailTypeInstrumentPrice per shareAmount raised
1 Aug 2024Board approved redeeming all 87,50,000 preference shares of ₹10 at ₹404 each; the cash-flow statement shows ₹353.5 crore paid out in FY2024-25. This returned money to holders rather than raising it.Redemption of preference shares5% non-cumulative optionally convertible redeemable preference shares₹404₹354 Cr

Read from: Jainam Broking annual report 2025-26 (company website)

Leadership

Management

  • Milan Suresh Parikh

    Chairman and Managing Director

  • Vidhi Dishant Parikh

    Whole-time director and Chief Financial Officer (CFO)

  • Anal Milan Parikh

    Executive Director

  • Bhuvnesh Kumar Vilayatrani

    Independent Director

  • Bhoomi Aditya Shah

    Independent Director

  • Meenakshi Atmanand Prakash Bhatnagar

    Independent Director

  • Kinjal Gandhi

    Company Secretary

Read from: Jainam Broking annual report 2025-26 (company website)

Corporate calendar

Events

  • 30 Sept 2026AGM23rd annual general meeting called for 30 September 2026; final dividend of ₹0.40 per ₹2 share and re-appointment of the managing director and whole-time director on the agendaOpen
  • 16 Sept 2025AGM22nd annual general meeting; final dividend of ₹0.40 per share recommended for FY2024-25Open
  • 24 Mar 2025EGMExtraordinary general meeting to add fund-management activities to the company's objects and raise the foreign investment limitOpen
  • 15 Feb 2025Share splitShareholders approved splitting each ₹10 share into five ₹2 shares and raising authorised equity capital to ₹60 croreOpen
  • 1 Aug 2024RedemptionBoard approved redemption of 87,50,000 preference shares at ₹404 eachOpen

Reports and filings

Annual reports and results

Each link opens the document where its publisher keeps it.

Before you buy

Six things to check on any unlisted share.

The same list applies to every stock. None of it is advice on this one.

  • The company's latest financials

    Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.

  • What the price implies

    Compare the price per share with earnings and book value per share, and with listed companies in the same business.

  • Whether a listing is planned

    A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.

  • How you would sell

    There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.

  • Lock-in after a listing

    Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.

  • Tax on your gains

    Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.

Questions

What buyers ask about this stock.

Not answered here? Ask the desk.

Inquire about Jainam Broking Limited on WhatsApp
Is the price shown for Jainam Broking Limited final?

No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.

How do I buy these shares?

Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.

Do I pay anything on this website?

No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.

What do I need before I can buy?

A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.

Can I sell my Jainam Broking Limited shares to GrowFast?

GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.

How do I sell Jainam Broking Limited shares I already hold?

Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.

Is there a lock-in if the company lists?

Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.

Is buying unlisted shares legal in India?

Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.

What is the minimum I can buy?

It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.

What is an ISIN?

The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.

Why are unlisted shares riskier than listed ones?

Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.

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Risk disclosure

Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.

Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.

Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.

Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.

GrowFast is not affiliated with, sponsored by or endorsed by Jainam Broking Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.