Corporate Financing Solutions Group

The Corporate Financing Solutions Group (CFSG) at JM Financial is a dedicated credit platform providing the entire gamut of financing solutions comprising advisory, balance sheet lending and debt capital market services to our corporate clients. The product offerings of CFSG include capital market financing, investment grade / fixed income placements, structured lending as well as high grade and high yield credit sales, trading and syndication of all debt financing products.

Our Services

Loans under this segment are typically short-term advances and primarily cater to the finance requirements of clients under our broking and wealth management businesses. Strong synergies within our businesses enables cross-selling of these financial products across our wealth management and investment banking verticals.

 

CAPITAL MARKET LENDING BUSINESS

These loans facilitate our clients to capitalize on their investments by providing liquidity against investments in shares, mutual funds, and bonds, without the need to sell such securities. The product includes a portfolio of loan against mutual funds, loan against shares, loan against securities and loan against bonds. Loans may be business loans, or loans to meet short term working capital requirements or personal obligations.

These loans facilitate our clients to participate and to fund their settlement obligations of the stock exchanges. This facilitates a client to make investments in equity markets without having to deploy cash collateral towards the investment. A client can also take a leveraged position on the basis of the client’s existing investments. A loan is granted as a short term working capital demand loan against an approved list of shares and mutual funds.

ESOP funding is offered to the employees of various corporates to finance their employee stock options of the approved portfolio value, eliminating the need to arrange liquidity for this purpose while exercising ESOPs.

In cases where the client is an existing broker, it may avail funding to meet working capital requirements against the collateral of its existing investment.

It enables clients to participate in an IPO of equity shares, by giving a small margin and the balance is funded by us. This facility grants leverage to the retail clients to apply for a larger application size in public issues and procure higher allotments. IPO funding is for extremely short tenures, and is strictly advanced for the limited purpose of financing an application for an IPO subscription.

The Bespoke Finance Group aims to meet the capital requirements of Promoters and operating companies, such as Promoter stake accretion, acquisition financing, debt refinancing and consolidation, growth funding, bridge to equity fund-raising etc. Our focus is to understand the exact requirement of our clients and structure an optimal financing package of traditional and structured lending products, across a range of tenors, backed by diverse collaterals and guarantees. We strive to add greater value to our clients by offering financing advisory and capital structure solutions along with balance sheet commitment.

We carry out debt trading transactions in government securities and non-SLR securities. We undertake syndication and distribution of loans and fixed income paper.

Investment Grade Group focuses on raising debt capital for corporate clients, investment advisory and active dealing in corporate bonds. The focus of the business is on mobilizing debt capital for corporates by way of distribution to various investor segments, sales and distribution in secondary bond markets and credit research.

Magma HDI General Insurance Company Ltd.

December 2023 - INR 200 Crore

Axis Finance Ltd

December 2023 - INR 300 Crore

Aditya Birla Housing Finance Ltd

July 2023 - INR 265 Crore

Aditya Birla Housing Finance Ltd

July 2023 - INR 285 Crore

Aditya Birla Finance Ltd

June 2023 - INR 328 Crore

Axis Finance Ltd

May 2023 - INR 500 Crore

L&T Finance Ltd

May 2023 - INR 250 Crore

M&M Financial Services Ltd

April 2023 - INR 682 Crore

Aditya Birla Housing Finance Ltd

April 2023 - INR  310 Crore

HDB Financial Services Ltd

February 2023 - INR 244 Crore

HDB Financial Services Ltd

January 2023 - INR 1,776 Crore 

IDFC First Bank Ltd.

November 2022 - INR 1500 Crore 

Tata Capital Housing Finance Ltd

September 2022 - INR 722 Crore

Shriram Transport Finance Co. Ltd

September 2022 - INR 200 Crore

Axis Finance Ltd

August 2022 - INR 100 Crore

Tata Capital Housing Finance Ltd.

August 2022 - INR 129 Crore

L&T Finance Ltd

August 2022 - INR 580 Crore

Tata Capital Financial Services Ltd.

July 2022 - INR 475 Crore

Tata Capital Financial Services Ltd.

April 2022 - INR 181 Crore

Aragen Life Sciences Private Ltd.

February 2022 - INR 200 Crore

Tata Capital Housing Finance Ltd.

February 2022 - INR 500 Crore

Mahindra And Mahindra Financial Services Limited

November 2021 – INR 375 Crore

Tata Capital Financial Services Limited

November 2021 – INR 500 Crore

Sundaram Finance Ltd

December 2020 - INR 100 Crore

L&T Infrastructure Finance Co. Ltd.

July 2020 - INR 251.3 Crore

L&T Infrastructure Finance Co. Ltd.

July 2020 - INR 500 Crore

APSEZ Ltd.

March 2020 – INR 125 Crore

360 One Prime Ltd.

January 2024 - INR 1,000 Crore

Arka Fincap Ltd.

December 2023 - INR 300 Crore

IIFL Samasta Finance Ltd.

December 2023 - INR 512.01 Crore

Incred Financial Services Ltd.

October 2023 - INR 264.46 Crore

Piramal Enterprises Ltd.

October 2023 - INR 532.90 Crore

Aditya Birla Finance Ltd.

October 2023 - INR 2,000 Crore

Vivriti Capital Ltd.

August 2023 - INR 492.7 Crore

Power Finance Corp. Ltd.

July 2023 - INR 2,824.5 Crore

Navi Finserv Ltd.

July 2023 - INR 481.6 Crore

Incred Financial Services Ltd.

January 2023 - INR 231.04 Crore

National Highways Infra Trust

October 2022 – INR 1,500 Crore

Navi Finserv Ltd.

June 2022 - INR 495.72 Crore

Navi Finserv Limited

May 2022 – INR 495.72 Crore

JM Financial Products Ltd.

October 2021 - INR 516.12 Crore

Piramal Capital & Housing Finance Limited

July 2021 - INR 839.88 Crore

India Grid Trust

April 2021 – INR 1,000 Crore

Muthoot Finance Limited
Tranche III

April 2021 – INR 1,700 Crore

Power Finance Corporation Limited

January 2021 – INR 5,000 Crore

Muthoot Finance Limited
Tranche II

December 2020 – INR 1,000 Crore

Muthoot Finance Limited
Tranche I

October 2020 – INR 2,000 Crore

JM Financial Products Limited
Tranche III

February 2020 – INR 124.80 Crore

Shriram Transport Finance Company Limited
Tranche II

January 2020 – INR 193.67 Crore

L&T Finance Limited

December 2019 – INR 1,407.82 Crore

JM Financial Products Limited
Tranche II

August 2019 – INR 128.16 Crore

Shriram Transport Finance Limited
Tranche I

July 2019 – INR 339.94 Crore

Leadership Profile
Ms. Swapna Dey
Ms. Swapna Dey
Managing Director & Co-Head, Corporate Financing Solutions Group
Mr. Sandeep Jain
Mr. Sandeep Jain
MD & Co-Head, Corporate Financing Solutions Group