Arohan Financial Services Ltd.
BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 1,69,174.7 | 1,59,117.13 | |
| 351.37 | 16,401.73 | |
| 1,69,526.07 | 1,75,518.86 | |
| 91,836.34 | 74,483.96 | |
| 13,808.5 | 41,243.3 | |
| 10,968.58 | 31,382.17 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Promoters
Book Running Lead Managers
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
Arohan Financial Services Ltd. Latest News
IPO FAQs
The for the Arohan Financial Services Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Arohan Financial Services Ltd. IPO shares are proposed to be listed on BSE.
Each Arohan Financial Services Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 14.16% of Arohan Financial Services Ltd. before the IPO.
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
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) and Motilal Oswal Investment Advisors Pvt Ltd are the for the Arohan Financial Services Ltd. IPO.
Pre-apply means placing your Arohan Financial Services Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Arohan Financial Services Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Arohan Financial Services Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.