Jio Financial Services Limited
211.00
INR
-0.50
(-0.24%)
ISIN
INE758E01017
Return %
Stock
S&P 500
1Y
-32.34
14.20
3Y
-1.52
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Hitesh Kumar Sethia
- Full Time Employees
- 2,000
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Building 4NA, Maker Maxity Mumbai MA India 400051
- IPO Date
- Aug 21, 2023
- Website
- jfs.in
- Similar Companies
- Business
- Jio Financial Services Limited (JIOFIN.NS) is a technology-driven non-banking financial company (NBFC) that delivers a comprehensive suite of digital financial services in India, encompassing lending, payments, insurance broking, asset management, and wealth solutions; its core offerings include unsecured and secured loans such as personal loans, consumer durable and device financing, supply-chain finance, loans against mutual funds, securities, property, and shares, home loans, education loans, SME loans, buy-now-pay-later options, solar financing, corporate loans, and enterprise device leasing through subsidiaries like Jio Finance Ltd and Jio Leasing Services Ltd; payment solutions via Jio Payments Bank featuring savings accounts (including Savings Pro with auto-investment in overnight mutual funds), UPI services, digital wallets, bill payments, recharges, merchant acquiring, and POS under JioPay Business; insurance broking for life, health, motor, general, and investment-linked policies through Jio Insurance Broking Ltd; and asset management products including mutual funds (equity, debt, hybrid, index, and active equity like JioBlackRock Flexi Cap Fund), wealth management, and investment advisory via the 50:50 joint venture Jio BlackRock Investment Advisers Private Limited. Headquartered in Mumbai, India, and founded in 1999 as Reliance Strategic Investments (renamed in July 2023), the company operates nationwide through digital platforms like the JioFinance super-app and a network of over 200,000 business correspondents, leveraging Reliance Industries' ecosystem for distribution via Jio telecom and Reliance Retail channels to serve retail consumers, SMEs, enterprises, and high-net-worth individuals with AI-powered underwriting and embedded finance. Recent developments include acquiring full ownership of Jio Payments Bank from State Bank of India for Rs 104.54 crore in June 2025 following RBI approval; launching the JioFinance app in May 2024 and expanding it with RuPay credit card linkage, digital gold, and enhanced lending; board approval in September 2025 to raise Rs 15,825 crore ($449 million) via convertible warrants from promoters for growth in insurance, lending, and asset management; forming a 50:50 reinsurance joint venture with Allianz in July 2025; receiving SEBI registration for Jio BlackRock as an investment adviser and launching its maiden active equity fund in 2025 with over Rs 1,500 crore in inflows; and a November 2025 investment by subsidiary Jio Leasing Services Ltd of Rs 45 crore in a joint venture with Reliance Industries Limited, alongside 12x year-on-year growth in assets under management for its NBFC arm Jio Credit and physical expansion to 15 offices across 14 cities.