Looks like they do according to its website info, see excerpt...

Looks like they do according to its website info, see excerpt below

ABOUT US
JM Financial is an integrated and diversified financial services group. The Group’s primary businesses include (i) Integrated Investment Bank (IB) caters to Institutional, Corporate, Government and Ultra High Networth clients and includes investment banking, institutional equities and research, private equity funds, fixed income, private wealth management, PMS, syndication and finance; (ii) Mortgage Lending includes both wholesale mortgage lending (primarily catering to real estate developers) and retail mortgage lending (affordable home loans and secured MSME); (iii) Alternative and Distressed Credit includes the asset reconstruction business and alternative credit funds; and (iv) Asset management, Wealth management and Securities business (Platform AWS) provides an integrated investment platform to individual clients and includes elite and retail wealth management business, broking and mutual fund business.

We have pioneered several strategies and transactions for a wide client base spread across geographies and thus developed rich experience and expertise. Every idea is unique to the need of the client and supported by superior execution to deliver maximum benefits. In the course of our journey, we have partnered with several top Indian and International corporate houses and gained their trust and confidence. Our well established processes ensure total confidentiality for all our clients, thereby giving them absolute confidence on conflict management and maintenance of confidentiality.

We are a skilled team of professionals who bring varied talents, knowledge and experience to the workplace, contributing greatly to the growth of our businesses. Our group is proud to have won several national and international accolades for our insightful advice and execution skills. We are driven to give back to society by supporting causes related to education, health care, skill development, entrepreneurship promotion, disaster relief and animal welfare.

Should Mach7 be part of the consortium that wins the large VA Phase II contract(extension) the financial metrics of Mach7 will expand and improve greatly.