Arohan Financial Services IPO
Arohan Financial Services IPO is heading to the Indian primary market, following the company's submission of its Draft Red Herring Prospectus (DRHP) to SEBI. The issue will be managed by Dam Capital Advisors Ltd (Formerly IDFC Securities Ltd), Motilal Oswal Investment Advisors Pvt Ltd and SBI Capital Markets Limited as the book-running lead managers, while MUFG Intime India Private Limited acts as the registrar. While the official IPO dates, price band, and lot size are yet to be finalized, investors can review the initial Arohan Financial Services IPO DRHP for comprehensive details.
Free Demat with Zero AMC*
Arohan Financial Services IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
About Arohan Financial Services Ltd IPO
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.
Arohan Financial Services IPO Strengths & Weaknesses
No Data Found
Arohan Financial Services IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 60 shares (aggregating up to ₹600 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 14.16 shares |
| Post-Issue Shareholding | 0 shares |
Arohan Financial Services IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Arohan Financial Services ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Arohan Financial Services IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Arohan Financial Services IPO Contact & Registrar Details
Contact Details
Address
P T I Building Block D P 4th Floor D P - 9 Sector - 5 Kolkata
Phone Number
Website
Registrar Details
Registrar Name
MUFG Intime India Private Limited
Phone Number
Website
Arohan Financial Services Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Dam Capital Advisors Ltd (Formerly IDFC Securities Ltd) | Motilal Oswal Investment Advisors Pvt Ltd | SBI Capital Markets Limited |
