AROHAN FINANCIAL SERVICE LIMITED

One of the largest NBFC-MCIs in India, Arohan financial service ltd. began its microfinance operations in 2006. The company offers services including credit and insurance products as well. They represented around 1.9 million borrowers in 14 states as of 31 March 2022. Their microfinance business consisted of 740 branches in 11 microfinance states.
It offers loans ranging from Rs.10,000 to Rs.100 lakhs. This company also offers financial services and non-financial services to its customers at affordable prices.

AROHAN’S IPO OBJECTIVE

Expanding the firm’s capital
Pay off the entire or small part of its debt
Accomplish the general company purpose

Financial highlights (Amt. in millions)

For the year	Total Asset	Total Expense	Profit (after tax)
30 September 2020	Rs.58,131.17	Rs.4,258.83	Rs.625.64
31 March 2020	Rs.52,808.21	Rs.7,669.20	Rs.1,268.01
31 March 2019	Rs.38,530.97	Rs.4,774.56	Rs.1,276.40
31 March 2018	Rs.23,036.70	Rs.2,804.40	Rs.309.75

IPO DETAILS

IPO opening and closing date	To be announced
Issue size	Rs.1800 (in crores)
Face value	To be announced
Initiation of Refunds	To be announced
Basis of Allotment Date	To be announced
IPO Listing Date	To be announced