Jio Payment Solutions Profile
Key Indicators
- Authorised Capital ₹ 306.00 Cr
- Paid Up Capital ₹ 275.80 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 76.12 Cr
- Revenue Growth 30.76%
- Profit Growth -128.65%
- Ebitda -141.28%
- Net Worth 55.31%
- Total Assets 50.90%
About Jio Payment Solutions
Jio Payment Solutions Limited (JPSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 September 2007 and has a history of 17 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Reliance Retail Travel & Forex Services Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 306.00 Cr and a paid-up capital of Rs 275.80 Cr.
The company has closed loans amounting to ₹76.12 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jio Payment Solutions Limited India are Utpal Kundu as Cfo, Ritesh Porwal as Company Secretary, and Puthuaizthumadam Kashinathan as Ceo. Bimal Tanna, Hitesh Sethia, Rama Vedashree, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65923MH2007PLC173923
- Company No.
173923
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Sep 2007
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Jio Payment Solutions Limited
Explore comprehensive data for Jio Payment Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Jio Payment Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Puthuaizthumadam Kashinathan  | Managing Director | 17-Apr-2024 | Current |
| Utpal Kundu | CFO | 10-Oct-2018 | Current |
| Ritesh Porwal | Company Secretary | 06-Apr-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Sethia  | Director | 29-Aug-2023 | Current |
| Bimal Tanna | Director | 29-Aug-2023 | Current |
| Rama Vedashree | Director | 11-Jan-2024 | Current |
Financial Performance of Jio Payment Solutions.
Jio Payment Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.76% increase. The company also saw a substantial fall in profitability, with a 128.65% decrease in profit. The company's net worth Soared by an impressive increase of 55.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jio Payment Solutions?
In 2023, Jio Payment Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
International Gemmological Institute (India) LimitedBimal Tanna is a mutual person
Kalpataru Projects International LimitedBimal Tanna is a mutual person
Jio Leasing Services LimitedBimal Tanna and Hitesh Sethia are mutual person
- Reliance Industrial Investments And Holdings Limited
Bimal Tanna is a mutual person
- Jio Insurance Broking Limited
Hitesh Sethia is a mutual person
Jio Payments Bank LimitedHitesh Sethia is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹76.12 Cr
Charges Breakdown by Lending Institutions
- Others : 76.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2016 | Others | ₹76.12 Cr | Satisfied |
How Many Employees Work at Jio Payment Solutions?
Unlock and access historical data on people associated with Jio Payment Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jio Payment Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jio Payment Solutions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Jio Payment Solutions
Recent activity within the organization
- Annual General Meeting
Jio Payment Solutions Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Director Appointment
Puthuaizthumadam Hariharan Kashinathan was appointed as a Ceo was appointed as a Ceo on 14 May 2024 & has been associated with this company since 11 months 14 days .
- Director Appointment
Puthuaizthumadam Hariharan Kashinathan was appointed as a Managing Director was appointed as a Managing Director on 17 Apr 2024 & has been associated with this company since 1 year 10 days .
- Balance Sheet
Jio Payment Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rama Vedashree was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 3 months .
- Director Appointment
Bimal Manu Tanna was appointed as a Director was appointed as a Director on 29 Aug 2023 & has been associated with this company since 1 year 7 months .
Recent News, Updates & Announcement
- Mukesh Ambani’s Reliance-Linked Company Bought Electoral Bonds Worth Rs 410 Crore: Report.
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Frequently asked questions
What is the Incorporation or founding date of Jio Payment Solutions Limited?
Jio Payment Solutions Limited was incorporated on 07 Sep 2007.
What is authorized share capital and paid-up capital of Jio Payment Solutions Limited?
The authorized share capital of Jio Payment Solutions Limited is ₹ 306.00 Cr and paid-up capital is ₹ 275.80 Cr.
Who are the current board members & directors of Jio Payment Solutions Limited?
Currently 7 directors are associated with Jio Payment Solutions Limited.
- Bimal Manu Tanna
- Hitesh Kumar Sethia
- Rama Vedashree
- Puthuaizthumadam Hariharan Kashinathan
- Utpal Kundu
- Ritesh Porwal
- Puthuaizthumadam Hariharan Kashinathan
What is the registered address of Jio Payment Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jio Payment Solutions Limited is 1St Floor Building 4Na Maker Maxity, Bandra Kurla Complex Road India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Jio Payment Solutions Limited?
The corporate identification number (CIN) of Jio Payment Solutions Limited is U65923MH2007PLC173923 and the company number is 173923 as per Ministry of Corporate Affairs (MCA).
What is the official website of Jio Payment Solutions Limited?
The Official website of Jio Payment Solutions Limited is https://www.jiopay.com
What has been the recent revenue trend for Jio Payment Solutions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Jio Payment Solutions Limited has risen by 30.76%.
What change has been observed in the net worth of Jio Payment Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Jio Payment Solutions Limited has experienced an upsurge of 55.31%.
When was the last Balance Sheet of Jio Payment Solutions Limited filed with the ROC?
The most recent Balance Sheet for Jio Payment Solutions Limited was filed with the ROC on 31 Mar 2024.
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