Jio Financial Services is a subsidiary of Reliance Industries

Jio Financial Services is a subsidiary of Reliance Industries led by billionaire Mukesh Ambani.

The demerged financial arm of Reliance Industries, made its stock market debut at Rs 262 per share on August 21, 2023

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It aims to provide simple, affordable and innovative digital first solutions. Jio Financial Services (JFS)

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The stock price was set at a much higher-than-expected Rs 261.85

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Valuing it at around $20 billion in a special trading session

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