Arohan Financial Services unlisted share price

Price history

About

Arohan Financial Services Limited is a technology-enabled non-banking financial company and microfinance institution (NBFC-MFI). It offers income-generating loans and related financial and non-financial products to underserved and unserved customers, mainly in rural and semi-urban India. It aims to support the economic participation of women borrowers. The registered and corporate office is in Salt Lake, Kolkata. As of 31 December 2025, its assets under management (AUM) were ₹63,084.14 million. The draft offer document, citing a CARE report, calls it the second largest NBFC-MFI in Eastern India by AUM and the ninth largest in India, with a market share of 4.71%. It runs 1,073 branches across 17 states and 320 districts, and had 1.95 million active borrowers on that date. The numbers below come from the restated financial information summary in the DRHP. Revenue from operations was ₹16,917.48 million in FY25, against ₹16,286.93 million in FY24. Profit after tax fell to ₹1,096.86 million in FY25 from ₹3,138.21 million in FY24. In the nine months to 31 December 2025, revenue from operations was ₹11,281.34 million and profit after tax was ₹607.44 million. The Reserve Bank of India had directed the company to stop sanctioning and disbursing loans from 21 October 2024 to 3 January 2025, and FY25 numbers reflect a tougher year for the whole business. The promoters are Aavishkaar Venture Management Services Private Limited, Intellectual Capital Advisory Services Private Limited, Vineet Chandra Rai and Swati Rai. The two company promoters hold 3.82% and 10.33% respectively before the offer. Other large shareholders include TIAA (12.06%), Aavishkaar Goodwell India Microfinance Development Company II (11.63%), Tano India Private Equity Fund II (10.47%) and FMO (9.87%). Arohan filed its DRHP with SEBI on 2 June 2026. The proposed offer is a fresh issue of up to ₹6,000.00 million plus an offer for sale of up to 40,437,529 equity shares by existing shareholders. The final size, price band and dates are not fixed yet. Shares of a company at this stage are dealt off-market through unlisted-share dealers, so the price on this page is only an indicative dealer price and not an exchange price.