Jio Financial Share Price in Focus as Company Approves ₹15,825 Cr Fundraise via Preferential Issue

Market Performance

On Wednesday, Jio Financial share price closed at ₹320 on the stock exchanges. The company’s board has now approved a major capital raise move that could influence its valuation trajectory in the coming quarters.

Main News: ₹15,825 Crore Fundraise via Convertible Warrants

Jio Financial Services, the financial arm of Reliance Industries, has announced a substantial capital raise worth ₹15,825 crore.

• The funds will be mobilized through convertible warrants offered via a preferential issue.
• Two promoter entities — Sikka Ports & Terminals and Jamnagar Utilities and Power Pvt Ltd — will subscribe to this issue.
• Each warrant is priced at ₹316.50, a 1% discount from the last closing price of ₹320.
• The warrants must be converted within 18 months, else they will lapse and any paid amount will be forfeited.

After conversion, these promoter entities’ holding in Jio Financial will rise from 3.10% to 10.17% of the expanded equity base.

Company Details: Jio Financial’s Expansion Spree

Despite already boasting a capital adequacy ratio of 38.2% — significantly higher than the 15% RBI-mandated level — Jio Financial continues its aggressive expansion:

• It has tied up with BlackRock to re-enter India’s mutual fund space.
• The JV, Jio BlackRock Asset Management, launched three new cash/debt funds which garnered ₹17,800 crore during the last quarter.
• Jio Financial also entered a 50:50 domestic reinsurance JV with Allianz Group this month.
• Plans are underway for general and life insurance ventures with Allianz.

Further growth was witnessed in its NBFC segment:

• Jio Credit’s AUM surged to ₹11,665 crore in June 2025, from ₹217 crore a year ago.

Revenue

While the article does not detail revenue figures, Jio Financial has showcased consistent income performance supported by strong asset growth and rising interest income.

Net Profit

The company posted a 4% YoY increase in net profit for the June quarter:

• Net Profit: ₹325 crore (up from ₹313 crore in Q1 last year)
• The growth was attributed to doubling of interest income.

Other Business Developments

• Jio BlackRock Investment Advisers and Broking arms received approvals to begin wealth management and securities broking services.
• These expansions underline Jio Financial’s strategic goal of becoming a comprehensive NBFC powerhouse.

Summary of the Article

Jio Financial Services is in a robust financial position and is aggressively expanding its footprint in the Indian financial services sector. The latest move to raise ₹15,825 crore via a preferential issue marks a significant milestone. With increased stake from promoter entities and diversification into insurance, asset management, and lending, the company continues to evolve into a formidable non-banking financial entity.

The Jio Financial share price remains a focal point in the markets, especially as the company strengthens its capital base and accelerates growth in new business verticals.