Introduction
Without a doubt, the financial sector of India is very dynamic. And, Jio Financial is one of the recently emerging ones. Basically, it is a subsidiary of Reliance industries which provides a plethora of digital financial services to the users of India. Evidently, this company has earned a lot of attention from the investors of India. Being a subsidiary of one of the biggest conglomerates of India is a plus point which earns them a lot of trust and relevance. The future outlook of Jio Financial Services Ltd seems to be very promising and can give a lot of growth to investors in the upcoming years. For the same reason, this blog will provide you all kinds of information related to this company, its share along with JIO Finance Share Price Target 2025 to 2030. For all the detailed facts and information, stay tuned.
Jio Financial Services Ltd Share Price – An Overview [JIO Finance Share Price Target 2025]
- Current price – INR 329.50 (As of 17 October 2024)
- High and low – INR 328.60 and INR 335
- 52 Week high – INR 204.25
- 52 Week low – INR 394.70
- Market cap – INR 212104 crores
- Stock P/E Ratio (TTM) – 133.54
- P/B Ratio – 1.52
- Industry P/E – 19.63
- Debt to equity – 0.00
- ROE – 1.15 %
- EPS – 2.50
- Div Yield – 0.00 %
- Book value – 219.02
- Face value – 10
All you need to know about Jio Financial Services Ltd [JIO Finance Share Price Target 2025]
Basically, Jio Financial can be described as an all in one financial services provider. Its services certainly include NBFC, AMC, Investments, Digital Banking Services and finance technology. Evidently, Jio Financial emerged into the stock market back in the year 2023. Hence, that is when it got listed on Indian stock exchanges. Additionally, the share of Jio Financial Services Ltd managed to demerge from Reliance Industries. Consequently, every shareholder of reliance industries got a share specifically on a 1:1 ratio.
Surely, Jio Financial Services Ltd has big plans and aspirations for the coming future. They are already making a lot of efforts in policy/insurance selling business. On the other hand, they are working on soon integrating mutual funds and stock broking services within their catalogue. Evidently, all of these projects are in 50-50 partnership with BlackRock. The services offered here are very similar to what Bajaj finance and Policy Bazaar offers. And, the impact and influence of Jio Financial services is undeniable as well as pretty evident. Surely, this stock and share can be expected to grow exponentially in the upcoming years.
Jio Financial Services Ltd Share Price – Shareholding Pattern [JIO Finance Share Price Target 2025]
- Promoters – 47.12 percent
- Retail – 23.44 percent
- Foreign institutions – 17.55 percent
- Other domestic institution – 7.84 percent
- Mutual funds – 4.04
“JIO Finance Share Price Target 2025 to 2030”
- 2025 – INR 575
- 2026 – INR 659
- 2027 – INR 755
- 2028 – INR 865
- 2029 – INR 990
- 2030 – INR 1133
Essential facts and information about ‘Jio Financial Services Limited’ [JIO Finance Share Price Target 2025]
In simple words, Jio Financial Services Limited can be described as an Indian financial services company. Previously, this company used to be known by the names Reliance Strategic Investments Private Limited and Reliance Strategic Investments Limited. Thereafter, it got renamed to ‘Jio Financial Services Limited’. Evidently, it is a public company. Furthermore, it was founded back on 22nd of July 1999. Therefore, it has been in existence for more than 25 years. As has been noted, the founder of Jio Financial Services Limited is Mukesh Ambani.
As of now, the headquarters of Jio Financial Services Limited are situated in the Mumbai city of Maharashtra, India. The service of this company are offered to people all over India. Rajiv Mehrishi is an independent director on the board of Jio Financial Services Limited. Whereas, K. V. Kamath is the Independent Director as well as Non-Executive Chairman of Jio Financial Services. While holding 47.12 percent of this company, the Ambani Family are the owners. Lastly, a list of subsidiaries of Jio Financial Services Limited is provided down below:
- Jio Finance
- Jio Insurance Broking
- Jio Payment Solutions
- Jio Leasing Services
- Jio Payments Bank
‘Jio Financial Services Limited’ – Financials [JIO Finance Share Price Target 2025]
In 2023, their total revenue was INR 45 crores. Thereafter, just the next year in 2024 their revenue became INR 1855 crores. Moreover, in 2023 their total profit added up to INR 31 crores. Whereas, in 2024 their profit rose to INR 1605 crores. In addition, in 2023 their net worth was INR 114120 crores. And, now in 2024 the net worth of ‘Jio Financial Services Limited’ is INR 139148 crores.
Top mutual funds that have invested in ‘Jio Financial Services Limited’ [JIO Finance Share Price Target 2025]
- Motilal Oswal Flexi Cap Fund Direct Growth
- Motilal Oswal Midcap Fund Direct Growth
- Quant ELSS Tax Saver Fund Direct Growth
- Quant Absolute Fund Direct Growth
‘Jio Financial Services Limited’ – Major competitors [JIO Finance Share Price Target 2025]
- Bajaj Finance Ltd
- Cholamandalam Investment & Finance Company Ltd
- Shriram Finance Ltd
- Muthoot Finance Ltd
- SBI Cards and Payment Services Ltd
Conclusion
Indeed, this share of Jio Financial Services Limited is worth considering. Therefore, if you desire to invest in this share you can rest assured because it has very promising plans for the future. In conclusion, make sure to look at all the data attentively. Who knows how much profits you might earn.
FAQs
Q – Where are the headquarters of Jio Financial Services Ltd?
Mumbai, Maharashtra, India
Q – When did Jio Financial come into existence?
22 July 1999
Q – Which stock exchanges include JIO Financial Ltd?
BSE and NSE.
[AUTHOR – PIYUSH CHAUHAN]