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Arohan Financial Services Ltd.

BSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
1,69,174.71,59,117.13
351.3716,401.73
1,69,526.071,75,518.86
91,836.3474,483.96
13,808.541,243.3
10,968.5831,382.17

Subscription Details

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IPO Timeline

IPO Offer Start

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IPO Offer Ends

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Promoters

Vineet Chandra RaiSwati Rai

Book Running Lead Managers

Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)Motilal Oswal Investment Advisors Pvt Ltd

Promoter Shareholding

Pre-IPO

14.16%

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