Jio Payments Bank Limited

Provides banking solutions as an RBI-approved payments bank in partnership with SBI.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 21, 2024

Jio Payments Bank Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 443.60 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Jio Payments Bank

Jio Payments Bank Limited (JPBL) is a Public Limited Indian Non-Government Company incorporated in India on 10 November 2016 (Eight years and two months 22 days old ). Its registered office is in Mumbai, Maharashtra, India.

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 500.00 Cr and a paid-up capital of Rs 443.60 Cr.

The company currently has active open charges totaling ₹4.50 Cr.

The Key Managerial Personnel (KMP) at Jio Payments Bank Limited India are Vinod Easwaran as Ceo, Aditya Subramanyam as Company Secretary, Suneel Sharma as Cfo, and One other members. Siddharth Achuthan, Gopalakrishna Gurrappa, Sunil Mehta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2016PLC287584

  • Company No.

    287584

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2016

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Jio Payments Bank?

Executive Team (4)

NameDesignationAppointment DateStatus
Vinod Easwaran Country flag representing In Managing Director30-Nov-2021Current
Aditya Subramanyam Company Secretary17-Jul-2017Current
Suneel Sharma CFO11-Aug-2023Current
Ravishankar Subramanyam Country flag representing In Company Secretary17-Jul-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajesh Kumar Country flag representing In Nominee Director 23-Apr-2020Current
Praveena Kala Country flag representing In Director 10-Nov-2021Current
Hitesh Sethia Country flag representing De Nominee Director 12-Oct-2023Current
Siddharth Achuthan Country flag representing In Director 29-Apr-2022Current
Gopalakrishna Gurrappa Country flag representing In Additional Director 15-Oct-2024Current
Sunil Mehta Country flag representing In Director 29-Jul-2024Current

Financial Performance of Jio Payments Bank.

Jio Payments Bank Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Jio Payments Bank?

In 2022, Jio Payments Bank had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2024Axis Bank Limited₹4.50 CrOpen

How Many Employees Work at Jio Payments Bank?

Jio Payments Bank has a workforce of 167 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jio Payments Bank, 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 Payments Bank's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Payments Bank

Recent activity within the organization

  • Director Appointment

    Gopalakrishna Gurrappa was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2024 & has been associated with this company since 3 months 17 days .

    15 Oct 2024

  • Annual General Meeting

    Jio Payments Bank Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Sunil Mehta was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 6 months 4 days .

    29 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100930233 was registered on 13 May 2024.

    13 May 2024

  • Balance Sheet

    Jio Payments Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Hitesh Kumar Sethia was appointed as a Nominee Director was appointed as a Nominee Director on 12 Oct 2023 & has been associated with this company since 1 year 3 months .

    12 Oct 2023

Frequently asked questions

  • Jio Payments Bank Limited was incorporated on 10 Nov 2016.

  • The authorized share capital of Jio Payments Bank Limited is ₹ 500.00 Cr and paid-up capital is ₹ 443.60 Cr.

  • Currently 11 directors are associated with Jio Payments Bank Limited.

    • Siddharth Achuthan
    • Gopalakrishna Gurrappa
    • Sunil Mehta
    • Rajesh Kumar
    • Praveena Kala
    • Hitesh Kumar Sethia
    • Vinod Easwaran
    • Vinod Easwaran
    • Aditya Ravishankar Subramanyam
    • Suneel Sharma
    • Ravishankar Aditya Subramanyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jio Payments Bank Limited is 3Rd Floor Maker Chambers Iv 222, Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Jio Payments Bank Limited is U65999MH2016PLC287584 and the company number is 287584 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jio Payments Bank Limited is https://www.jiopaymentsbank.com

  • As Per 2022 financial reports, 167 employees are currently employed by Jio Payments Bank Limited.

  • As per the financial statements for fiscal Year 2022, The total open charges for Jio Payments Bank Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Jio Payments Bank Limited was filed with the ROC on 31 Mar 2024.

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