Arohan Financial Services Ltd.
Price Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 1,69,174.7 | 1,59,117.13 |
| Other Income | 351.37 | 16,401.73 |
| Total Income | 1,69,526.07 | 1,75,518.86 |
| Total Expenses | 91,836.34 | 74,483.96 |
| Profit Before Tax | 13,808.5 | 41,243.3 |
| Total Profit | 10,968.58 | 31,382.17 |
Subscription Details
Promoters
Promoter Shareholding
Pre-IPO
14.16%
Promoter stake
Post-IPO
N/A
Promoter stake
About the Company
We are a leading NBFC-MFI with operations in financially under-penetrated Low Income States of India. We provide income generating loans and other financial inclusion related products to customers who have limited or no access to financial services. As of September 30, 2020, our Gross Loan Portfolio (“GLP”) was ?48.57 billion. We were the largest NBFC-MFI in Eastern India and the fifth largest NBFC-MFI in India based on Gross Loan Portfolio as of September 30, 2020. Between Fiscal 2017 to Fiscal 2020, we had the second highest GLP CAGR of 68.00% among the top five NBFC-MFIs in India, as well as the highest customer growth among the top five NBFC-MFIs at 49.00% CAGR between Fiscal 2018 to Fiscal 2020 (Source: CRISIL Report). As of September 30, 2020, 76.78% of our microfinance portfolio was in non-urban areas of India and women constituted more than 97.00% of our total customers.
Use of Proceeds
Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards the following: (i) Augmenting our capital base to meet future business requirements of our Company towards onward lending; and (ii) General corporate purposes