
Jainam Broking Limited
vs. prev. close ₹208
52W High
₹218
52W Low
₹208
Market cap
₹3,744 Cr
IPO stage
No DRHP filed
Risk level
Moderate
CIN
U67120GJ2003PLC043162
Price History
52W High
₹218
52W Low
₹208
About Jainam Broking Limited
Jainam Broking Limited, a Surat-based share broking, investment consultancy, and commodity trading firm, held consolidated PAT nearly flat at Rs 469.33 crore in FY26 despite a 20.21% revenue decline to Rs 1,589.12 crore (EPS Rs 26.07, ROE 21.11%), as growth in interest income and cost control offset softer proprietary trading gains, while Book Value per Share rose 26.3% to Rs 123.50.
The Short Version :
Jainam Broking Limited, in its 23rd year and based in Surat, is engaged in share broking, financial and investment consultancy, equity research, technical analysis, and commodity broking and trading. FY26 consolidated Total Revenue declined 20.21% to Rs 1,589.12 crore from Rs 1,991.63 crore, driven by lower net gains on fair value changes (proprietary trading income), while PAT held nearly flat at Rs 469.33 crore against Rs 468.28 crore. EPS came in at Rs 26.07 versus Rs 26.02 (essentially unchanged), with ROE at 21.11% (down from 26.60% as equity grew faster than profit) and Book Value per Share of Rs 123.50, up from Rs 97.79.
Why It Trades Where It Does :
Jainam held profitability flat despite a sharp revenue decline, evidence of a business with more than one earnings lever: Net Gain on Fair Value Changes fell 33.1% (proprietary trading income is inherently market-dependent), but this was substantially offset by Interest Income growing 59.3% and Operating Expenses falling sharply, keeping Profit Before Tax essentially flat year-on-year. The balance sheet nearly doubled in size (Total Assets up 89.2% to Rs 8,133.92 crore), driven by client bank balances and securities held for trade, typical of a broking business scaling with client activity and margin trading volumes rather than the company's own capital being deployed. Book Value per Share grew 26.3% even as ROE eased, reflecting genuine capital accretion alongside the broader balance sheet expansion.
Top Risks :
Net Gain on Fair Value Changes, a market-linked, less predictable revenue source, fell 33.1% in FY26; continued reliance on this line makes earnings sensitive to market conditions.
Total Assets and client-related balance sheet items (bank balances, securities for trade, other financial liabilities) grew very sharply in one year, worth understanding for operational and risk-management scaling.
ROE declined to 21.11% from 26.60% as the equity base grew faster than profit, worth watching if the trend continues.
Top Opportunities :
Interest Income grew 59.3%, showing the company is earning more from its expanding balance sheet (client funds, margin balances) even as trading-linked income softened.
PAT held essentially flat despite a 20.21% revenue decline, indicating real resilience and cost control across the earnings mix.
Book Value per Share grew 26.3% to Rs 123.50, reflecting continued capital build even in a year of revenue softness.
Disclaimer :
Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.
Company Details
Industry
Financial services
Founded
2003
Headquarters
Gandhinagar, Gujarat, India
Min Lot Size
250
Shares Outstanding
17,99,92,515
Regulatory Information
Corporate Identity Number (CIN)
U67120GJ2003PLC043162
PAN Number
AABCJ3918N
ISIN
INE0JY501027
Key Valuation Ratios
Valuation
Market Cap
₹3,743.84 Cr
P/E Ratio
7.98×
P/S Ratio
2.36×
P/B Ratio
1.68×
EV / EBITDA
5.50×
Returns & Per Share
ROE
21.11%
EPS
₹26.07
Book Value / Share
₹123.51
Solvency
Debt / Equity
0.21×
Interest Coverage
6.88×
Company Fundamentals
As of FY2026 Annual · updated 16 Sept 2026Gross Profit
₹1,587.91 Cr
EBITDA
₹747.65 Cr
Revenue Growth
-20.21%
Profit Margin
29.56%
Performance Trends
5 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
Debt-to-Equity
0.21×
EBITDA Margin
47.08%
Interest Coverage
6.88×
Financial Statements
| Line item | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Total Income | |||||
| Revenue from operationsDisclosed | 501.61₹ Crore | 551.65₹ Crore | 2,542.61₹ Crore | 1,990.21₹ Crore | 1,587.91₹ Crore |
| Other incomeDisclosed | 36.27₹ Crore | 75₹ Lakh | 31.35₹ Crore | 1.42₹ Crore | 1.21₹ Crore |
| Total IncomeDerived | 537.88₹ Crore | 552.4₹ Crore | 2,573.96₹ Crore | 1,991.63₹ Crore | 1,589.12₹ Crore |
| Expenses | |||||
| Cost of goods soldDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore |
| Purchases of stock-in-tradeDisclosed | 0₹ Crore | 0₹ Crore | 78₹ Lakh | 0₹ Crore | 0₹ Crore |
| Changes in inventoriesDisclosed | 4₹ Lakh | 0₹ Crore | -4₹ Lakh | 4₹ Lakh | 0₹ Crore |
| Employee benefits expenseDisclosed | 65₹ Crore | 78.4₹ Crore | 498.36₹ Crore | 565.9₹ Crore | 596.31₹ Crore |
| Finance costsDisclosed | 13.65₹ Crore | 19.56₹ Crore | 197.8₹ Crore | 161.21₹ Crore | 107.21₹ Crore |
| Depreciation and amortization expenseDisclosed | 1.11₹ Crore | 1.9₹ Crore | 4.19₹ Crore | 4.98₹ Crore | 10.4₹ Crore |
| Manufacturing expensesDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore |
| Operating expensesDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore | 170.24₹ Crore |
| Other expensesDisclosed | 293.6₹ Crore | 229.06₹ Crore | 1,354.38₹ Crore | 632.82₹ Crore | 74.92₹ Crore |
| Total ExpensesDerived | 373.4₹ Crore | 328.92₹ Crore | 2,055.47₹ Crore | 1,364.95₹ Crore | 959.08₹ Crore |
| Profit | |||||
| Exceptional itemsDisclosed | 0₹ Crore | 0₹ Crore | 1₹ Lakh | 0₹ Crore | 0₹ Crore |
| Profit before taxDerived | 164.48₹ Crore | 223.48₹ Crore | 518.5₹ Crore | 626.68₹ Crore | 630.04₹ Crore |
| Current tax expenseDisclosed | 41.35₹ Crore | 59.17₹ Crore | 113.84₹ Crore | 171.96₹ Crore | 150.15₹ Crore |
| Deferred tax expenseDisclosed | -5₹ Lakh | -1.91₹ Crore | 16.51₹ Crore | -13.55₹ Crore | 10.56₹ Crore |
| Tax expenseDisclosed | 41.3₹ Crore | 57.26₹ Crore | 130.35₹ Crore | 158.4₹ Crore | 160.71₹ Crore |
| Profit After TaxDerived | 123.18₹ Crore | 166.22₹ Crore | 388.15₹ Crore | 468.28₹ Crore | 469.33₹ Crore |
| Other comprehensive incomeDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore | 72₹ Lakh |
| Total Comprehensive IncomeDerived | 123.18₹ Crore | 166.22₹ Crore | 388.15₹ Crore | 468.28₹ Crore | 470.05₹ Crore |
Milan Suresh Parikh
Chairman & MD
25+
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Current Price
₹208Secure & Verified Transaction
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About Jainam Broking Limited unlisted shares
Indicative · updated dailyJainam Broking Limited unlisted share price today
Jainam Broking Limited unlisted share price today is ₹208 as of 12 November 2026.
Jainam Broking Limited — frequently asked questions
- What is the grey market price for Jainam Broking Limited?
No IPO is currently announced for Jainam Broking Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has Jainam Broking Limited filed for an IPO, and when might it list?
Jainam Broking Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does Jainam Broking Limited compare to its listed peers?
There is no closely comparable listed company for Jainam Broking Limited in India today.
- Is Jainam Broking Limited on the SME or Mainboard IPO track?
Jainam Broking Limited has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is Jainam Broking Limited's CIN and registered office?
Jainam Broking Limited's Corporate Identity Number is U67120GJ2003PLC043162, registered at Gandhinagar, Gujarat, India.
- What is Jainam Broking Limited's market capitalisation?
Jainam Broking Limited's market capitalisation is approximately ₹3,744 crore, based on its current unlisted share price.
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Priveq Investech Private Limited is the named counterparty on every transaction. To buy Jainam Broking Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, Jainam Broking Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.
- How do I sell Jainam Broking Limited unlisted shares?
Submit an Express Sell Interest for Jainam Broking Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer Jainam Broking Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.
- What is the minimum investment for Jainam Broking Limited unlisted shares?
Minimum investment varies by company and is shown as the Min Investment figure on this page. Jainam Broking Limited's minimum is ₹52,000.
- Is there a maximum investment limit?
There's no fixed maximum investment limit for Jainam Broking Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.
- Is buying Jainam Broking Limited unlisted shares legal in India?
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- What is the lock-in period for Jainam Broking Limited unlisted shares?
Jainam Broking Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.
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- How are capital gains on Jainam Broking Limited unlisted shares taxed?
If you sell unlisted shares, including Jainam Broking Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If Jainam Broking Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.
- Can NRIs invest in Jainam Broking Limited unlisted shares?
Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.
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