The Arohan Financial Services Date Will Be Updated Soon. Read the post to learn about Arohan Financial Services IPO GMP.
Arohan Financial Services is a leading NBFC-MFI in India, established in 1991. The business started its microfinance division in 2006. It functions in underserved, low-income regions of the nation. Arohan Financial Services offers credit and insurance products. Life and health insurance products fall into the latter group, whereas income-generating loans and other financial assistance go into the former.
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Key Details Of Arohan Financial Services IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Arohan Financial Services IPO GMP
The Arohan Financial Services IPO GMP is ₹[].
IPO Overview
Arohan, founded in 2006, is the largest NBFC-MFI in the eastern Indian area, with a total loan portfolio of Rs 4600 crore in FY 21. It collected Rs 189 crore in February from ASK Financial Holdings, Kiran Vyapar Ltd, and Arohan ESOP Trust at Rs 210 each. The Gross Loan Portfolio (“GLP”) was Rs. 48.57 billion, making it the largest NBFC-MFI in Eastern India and the fifth largest in India in Gross Loan Portfolio. From FY17 to FY20, it achieved the second-highest GLP CAGR of 68.00% among the top five NBFC-MFIs in India, as well as the most incredible customer growth among the top five NBFC-MFIs at 49.00% CAGR between FY18 and FY20.
Arohan Financial Services IPO Financials
For the Year/Period Ended | Profit After Tax (in million) | Total Revenue (in million) | Total Assets (in million) | Total Expenses (in million) |
30 September 2020 | 625.64 | 5073.93 | 58,131.17 | 4258.83 |
31 March 2020 | 1268.01 | 9345.06 | 52,808.21 | 7,669.20 |
31 March 2019 | 1,276.40 | 6515.93 | 38,530.97 | 4,744.56 |
31 March 2019 | 309.75 | 3278.71 | 23,036.70 | 2804.40 |
Arohan Financial Services IPO Peer Comparison
Company | Market Capitalisation Growth rate (Last 5 Years) | TTM P/E Ratio | Dividend Yield |
Tata Investment Corporation | 129.81% | 37.97 | 2.08 |
Mannapuram Finance | 160.40% | 10.31 | 0.95 |
L&T Finance | 5.55% | 10.31 | – |
Equitas Holdings | -35.16% | 9.39 | 2.30 |
Shriram Transport Finance | 13.72% | 14.68 | 1.32 |
Company Profile
One of India’s top NBFC-MFIs (micro-finance institutions) is Arohan Financial Services Limited, which operates in low-income, financially underdeveloped states. Customers who require access to more financial services can obtain income-generating loans and other goods connected to financial inclusion. It provides clients who are underserved financially with a wide selection of items. Twelve of India’s fourteen low-income states were among them. Ten branches across eight states comprised the MSME lending business network, while 710 branches comprised the microfinance business branch network. It provides services to over 2.21 million borrowers throughout 17 states.
Arohan Financial Services offers credit and insurance products. The former includes income-generating loans and other financial assistance, while the latter covers life and health insurance products. It operates in low-income, unpenetrated states of the country.
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Arohan Financial Services IPO FAQs
What are the open and close dates of the Arohan Financial Services Limited IPO?
Arohan Financial Services Limiteds IPO date yet to be announced.
What is the lot size and minimum order quantity of the Arohan Financial Services Limited IPO?
Arohan Financial Services Limited IPO price and quantity yet to be announced.
What are the allotment dates for the Arohan Financial Services Limited IPO?
Arohan Financial Services Limited IPO allotment date yet to be announced.
Who is the registrar of Arohan Financial Services Limited IPO?
Link Intime India Private Limited
Where is the Arohan Financial Services Limited IPO getting listed?
The Arohan Financial shares are proposed to be listed on the BSE and NSE.
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