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Financials · NBFCs / Lenders · Emerging

Jio Financial Services Limited

JIOFIN·246.37·₹1.63L Cr·Listed 21 Aug 2023
Composite
32
Below median in NBFCs / Lenders · Emerging
Rank1of 2
About JIOFIN
www.jfs.in
Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India.
Financial Services
Company description
Founded
1999
Headquarters
Mumbai, India
CEO / MD
Mr. Hitesh Kumar Sethia · CEO, MD & Director
Major milestone
The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023.
What they do
Core products
loanssavings accountsrechargesdigital insurancefinancial trackingmanagement tools
Target customers
Primarily domestic (India)
Global footprint
India onlyDomestic operations
Shareholder breakup
Promoter
49.1%+2.0
Public
25.8%-0.4
DII
13.3%-0.9
FII
11.6%-0.7
Government
0.2%
As of Apr 20264976390 holders
Read full description

Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and insurance advisory; and asset and wealth management, and broking services, as well as operating lease solutions to consumers and businesses through a Device-as-a-Service model. It also provides insurance broking services, such as car, bike, health, term, investment, SMEs, MSMEs, property, cyber risk, commercial lines, corporate, and education. In addition, it offers digital banking services, including zero balance, savings, salary, wallet, and online and offline payment solutions; debit cards; payment systems, including aadhaar enabled payment and domestic money transfer; digital payment solutions. Further, it provides home loan; home loan against balance transfer; loan against property, mutual funds, and shares; solar financing; corporate loans and lease; and distribution of life, non-life, and health insurance products. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.

Sourced from public company disclosures.
About
Jio Financial Services Limited
IndustryFinance
SectorFinancial Services
ClusterNBFCs / Lenders · Emerging
Market cap₹1.63L Cr
Listed21 Aug 2023
Price history3 years available
Fundamentals4 years available
Price history
JIOFIN · monthly close, 2023–2026
+0%
0.1% CAGR · 3y
249.34-17.64 (-6.61%)1Y