Jio Credit Limited
About Jio Credit Limited
Data last updated:
Jio Credit Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industrial Investments And Holdings Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64990MH2000PLC123731. Its GSTIN is 27AABCR5741D1ZK (Maharashtra).
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹85.5 Cr. It was formerly known as Reliance Retail Ventures Limited and Tex-Style Synthetics Private Limited. It is led by directors including Sunil Mehta and Pradnya Nandkumar Saravade.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹358.38 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹64.64 Lakh (net margin 0.2%) and EBITDA of ₹184.69 Cr (EBITDA margin 51.5%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years.
The company has about 82 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jio Finance. As per MCA filings, the company has open charges of ₹13,275 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company; 3 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2025. Its 10 peer companies in the BFSI industry (NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Bajaj Sevashram Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1st Floor Building 4Na Maker Maxity, Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, NBFC
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Jio Credit Limited
The main business activity of Jio Credit is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jio Credit Limited FY 2025 filings available
Jio Credit Limited reported revenue of ₹358.38 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jio Credit Limited
Revenue has grown at a compounded annual rate (CAGR) of 112% over three years, including 34% growth in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Jio Credit Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹184.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.64 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Jio Credit Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jio Credit are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Jio Credit Limited
Jio Credit Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Sevashram Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Askrija Finance and Leasing Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Electronica Finance Limited | •••• | •••• | •••• | •••• | 2,279 | Pune, Maharashtra, India |
| KKR India Asset Finance Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Snowtex Investment Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Jio Credit Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Addlife Investments Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Pan Emami Cosmed Limited | •••• | •••• | •••• | •••• | 27 | Kolkata, West Bengal, India |
| Nomura Fixed Income Securities Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sarvagram Fincare Private Limited | •••• | •••• | •••• | •••• | 2,276 | Haveli, Maharashtra, India |
| Groww Creditserv Technology Private Limited | •••• | •••• | •••• | •••• | 65 | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Jio Credit by revenue in the BFSI industry (NBFC), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Jio Credit Limited
Jio Credit Limited is audited by Messers Chaturvedi & Shah LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Messers Chaturvedi & Shah LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Jio Credit Limited
Jio Credit Limited currently reports 6 directors and 2 key managerial personnel. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Mehta Also directs: Jio Financial Services Limited, CMS Info Systems Limited, Juniper Hotels Limited and 4 more | Director | 29 Aug 2023 | 3 Years 1 Months | Current |
| Kusal Roy Also directs: Jio Leasing Services Limited | Ceo | 20 Aug 2024 | 2 Years 1 Months | Current |
| Pradnya Nandkumar Saravade Also directs: Rubicon Research Limited, Asg Hospital Limited | Director | 24 Oct 2024 | 1 Years 11 Months | Current |
| Harini Anand | Cfo | 19 Dec 2023 | 2 Years 9 Months | Current |
| Rama Vedashree | Director | 19 Dec 2023 | 2 Years 9 Months | Current |
| Bimal Manu Tanna Also directs: Jio Leasing Services Limited, Kirloskar Pneumatic Company Limited, Kalpataru Projects International Limited and 4 more | Director | 29 Aug 2023 | 3 Years 1 Months | Current |
Ownership and Shareholding of Jio Credit Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jio Credit Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2025 | Others | ₹500 Cr | Open |
| 13 Nov 2025 | Others | ₹750 Cr | Open |
| 07 Nov 2025 | Others | ₹1,000 Cr | Open |
| 09 Oct 2025 | State Bank of India | ₹95 Cr | Open |
| 26 Sep 2025 | Others | ₹500 Cr | Open |
Total charge records: 18 View all charges
Deals & Funding of Jio Credit Limited
Jio Credit Limited has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹1,000.24 Cr | Investors: Jio Financial Services Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Jio Financial Services Limited Seller: Reliance Industrial Investment & Holdings Limited |
| Sep 2019 | Rights issue | ₹3,305 Cr | Investors: Reliance Industrial Investment & Holdings Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Reliance Industrial Investment & Holdings Limited Seller: Reliance Retail Limited |
| Apr 2006 | Secondary share transfer | Undisclosed | Buyer: Reliance Nutraceuticals Private Limited, Reliance Pharmaceuticals (India) Private Limited Seller: Reliance Industrial Investments and Holdings Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Jio Credit Limited
Jio Credit Limited has 3 court cases on record: 1 filed by Jio Credit, 2 where it is another party. All cases are pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Panchkula, Haryana | Civil suit | Company is another party | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Jio Credit Limited
Jio Credit operates one associated brand: Jio Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Loans, insurance, and digital payments are provided as financial services. | jiofinance.in |
Employees and EPFO Compliance at Jio Credit Limited
Employment history and EPFO contributions of people linked to Jio Credit.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Jio Credit Limited
Jio Credit has undergone 5 name changes throughout its history. The current legal name is Jio Credit Limited.
| Company Name | Status |
|---|---|
| Jio Credit Limited | Current |
| Reliance Retail Ventures Limited | Previous |
| Tex-Style Synthetics Private Limited | Previous |
| Reliance Power Ventures Private Limited | Previous |
| Reliance Power Ventures Limited | Previous |
CIN History of Jio Credit Limited
Jio Credit has one previous CIN (Corporate Identification Number): U17110MH2000PLC123731. The current CIN is U64990MH2000PLC123731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990MH2000PLC123731 | Current |
| U17110MH2000PLC123731 | Previous |
News related to Jio Credit Limited
Recent Activity on Jio Credit Limited
Jio Credit Limited has 33 board changes on record since 2007: 8 appointments and 25 cessations. The latest: Pradnya Nandkumar Saravade ceased to be Additional Director on 09 Sep 2025.
42 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jio Credit Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jio Credit Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jio Credit Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jio Credit Limited
Jio Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR5741D1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jio Credit Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jio Credit Limited
Jio Credit is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 January 2000 (26+ years old) and is registered under CIN U64990MH2000PLC123731.
Jio Credit reported revenue of ₹358.38 Cr for FY 2025 (up 34% YoY).
Jio Credit has 8 current directors and KMP:
- Sunil Mehta - Director
- Pradnya Nandkumar Saravade - Director
- Rama Vedashree - Director
- Bimal Manu Tanna - Director
- Sanjay Rangrao Chougule - Director
- Hitesh Kumar Sethia - Director
- Kusal Roy - Ceo
- Harini Anand - Cfo
Jio Credit reported a net profit of ₹64.64 Lakh (net margin 0.2%) and EBITDA of ₹184.69 Cr (EBITDA margin 51.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jio Credit is 112% over three years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jio Credit is 27AABCR5741D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jio Credit is U64990MH2000PLC123731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jio Credit has 3 court cases on record: 1 filed by the company. 3 are pending.
Jio Credit was incorporated on 19 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Jio Credit has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2025.
The peers of Jio Credit by revenue are Bajaj Sevashram Private Limited, Askrija Finance and Leasing Private Limited, Electronica Finance Limited, KKR India Asset Finance Private Limited, Snowtex Investment Limited and 5 more, all in the BFSI industry (NBFC).