Arohan Financial Services IPO GMP, Arohan Financial Services Grey Market Premium, Date

Arohan Financial Services IPO GMP, Arohan Financial Services Grey Market Premium

Arohan Financial Services IPO: Arohan Financial Services IPO GMP (Arohan Financial Services Grey Market Premium), Arohan Financial Services IPO Date, Arohan Financial Services IPO Review, Arohan Financial Services IPO Benefits & Risks. We will update Arohan Financial Services GMP daily. Also, all information related to Arohan Financial Services IPO like price band, all dates, issue size and retail parts etc. All the important information about Arohan Financial Services IPO is given below.
Arohan Financial Services IPO GMP

    Arohan Financial Services IPO

    Aarohan Financial Services Ltd. operates in the financially under-penetrated low-income states of India, as well as being a leading NBFC-MFI (Non-Banking Financial Company-Micro Finance Institution). The company primarily generates income for its clients. It provides loans and other financial inclusion-related products. The IPO of Arohan Financial Services Limited is expected in early 2022. Arohan Financial Services Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1100 crore through IPO (Initial public offering). 

    Arohan Financial Services IPO will open on January 2022 and close on January 2022. The price band of the Arohan Financial Services IPO is ₹- to ₹-. The company is looking to raise around ₹1800 crores through an initial public offering (IPO). Arohan Financial Services IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Arohan Financial Services IPO listing date is - January 2022. Arohan Financial Services Limited IPO GMP (Grey Market Premium) has not started yet.

    Arohan Financial Services Limited has given good financial performance. The company has made a profit of ₹126.80 crores in the financial year 2020. Arohan Financial Services IPO Size is ₹1800 crores. In this IPO, approx 2,70,55,893 equity shares will be sold under OFS (Offer for sale) and the rest (Approx ₹850 Crores) will be sold under fresh issue. The IPO of Arohan Financial Services will be listed on NSE and BSE.  Arohan Financial Services IPO face value is ₹- per equity share.

    We will talk about Arohan Financial Services financial, benefits, and risks of investing in the company.
    Read About


    What is Arohan Financial Services IPO GMP Today?
    Arohan Financial Services IPO GMP is ₹.


    What is the Arohan Financial Services IPO Date?
    Arohan Financial Services IPO Opening date is January 2022.


    What is Arohan Financial Services IPO Expected Return?
    Arohan Financial Services IPO Expected Returns is approx -%.



    About Arohan Financial Services Limited

    Aarohan Financial Services Limited is a leading NBFC-MFI (Non-Banking Financial Company-Micro Finance Institution) operating in the financially low-income states of India. Aarohan provides income-generating loans and other financial inclusion-related products to customers who have no access to financial services. As of September 30, 2020, Aarohan Financial Services Limited was the fifth largest NBFC-MFI in India and the largest NBFC-MFI in Eastern India (Source: CRISIL Report).

    Primarily the company offers a wide range of products for economically underserved customers. Aarohan Financial products are classified into credit and insurance products. Company credit products include income-generating loans and other loan products for a variety of household purposes. Company insurance products include life and health insurance covers issued by certain Indian insurance companies with which the company has tie-ups. The company also provides term loans to microfinance institutions.

    Aarohan Financial Services Limited was ranked 86th among the best companies to work for in India by Great Place to Work Institute India. The company was honored with the "Microfinance Organization of the Year" award by Access Asst at the Inclusive Finance India Awards 2018.

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    Purpose of the offer 

    • To prepay/repay all or a part of the dues raised by the company.
    • To meet general corporate objectives.

    Arohan Financial Services GMP Today (Grey Market Premium)

    [Note: Arohan Financial Services Ltd IPO GMP has not started yet]
    DATEGMPKOSTAKSubject to Sauda
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January

    Arohan Financial Services IPO Date and  Price Band Details

    Arohan Financial Services IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Arohan Financial Services IPO is ₹- to ₹-per share. Arohan Financial Services IPO issue size is Rs 1800 crores. Arohan Financial Services Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.

    IPO Open:January 2022
    IPO Close:January 2022
    Listing Date:January 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹1800 Crores
    Fresh Issue:Approx ₹850 Crores
    Offer For Sale:Approx 2,70,55,893 equity share
    Price Band:₹- to ₹- per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Arohan Financial Services IPO Market Lot & Size

    Arohan Financial Services IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.

    Minimum Lot:01
    Minimum Lot Size:- Shares
    Minimum Amount:₹-
    Maximum Lot:13
    Maximum Lot Size:- Shares
    Maximum Amount:₹-

    Arohan Financial Services IPO Allotment & Listing Date

    Ipo Opening Date:January 2022
    IPO Closing Date:January 2022
    Basis of Allotment:January 2022
    Refund Date:January 2022
    Credit to Demat Account:January 2022
    Listing Date:January 2022

    Arohan Financial Services IPO Review

    HappiestPost View: To be updated.

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    Arohan Financial Services Ipo Review

    [Not rated yet (To be updated)]

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    Review For Long term


    Strength

    • Aarohan Financial Services Limited has emerged as one of the leading NBFC-MFIs in Eastern India.
    • The company has a diverse product portfolio.
    • The company's financial track record has been excellent.
    • The company has a professional board of directors and management team.

    Risks

    • The impact of the COVID-19 pandemic on his company is still unknown.
    • If the loan given by the company is not recovered then there may be a negative impact on the operations and business of the company.
    • A big question is whether the company will be able to sustain its growth in the coming years or not.
    • There are many players in the microfinancing space, from which the company is facing competition.
     

    Arohan Financial Services Financials

    Arohan Financial Services Financials(in Crores)

    YearTotal AssetsRevenueProfit
    2018₹2,303.67₹327.87₹30.98
    2019₹3,853.10651.59₹127.64
    2020₹5,280.82₹934.51₹126.80


    Promoters

    The promoters of the company are:
    • Aavishkaar Group
    • Others

    Contact Details of Arohan Financial Services

    Arohan Financial Services Limited
    PTI Building, 4th Floor, DP 9, Sector 5, Salt Lake,
    Kolkata 700 091, West Bengal, India
    Tel: +91 33 4015 6000
    E-mail: compliance@arohan.in

    Arohan Financial Services Lead Managers

    • ICICI Securities Limited
    • SBI Capital Markets Limited
    • Edelweiss Financial Services Limited
    • Nomura Financial Advisory and Securities (India) Private Limited

    Arohan Financial Services IPO Registrars

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai – 400083
    Phone: +91-22-4918 6270
    Email: arohan.ipo@linkintime.co.in

    Conclusion

    Considering the financial position of the company, the company has a good financial track record. The company has made a profit of ₹126.80 crores in the financial year 2020. Our suggestion will be updated when the Arohan Financial Services IPO price band and other IPO details are announced. Arohan Financial Services Limited's financial statement and other information are provided above.


    Arohan Financial Services IPO FAQs

    What is Arohan Financial Services IPO GMP Today?
    Arohan Financial Services IPO GMP is ₹- as of today.

    What is Arohan Financial Services IPO Opening Date?
    Arohan Financial Services IPO Opening date is January 2022.

    What is the Arohan Financial Services IPO Closing Date?
    Arohan Financial Services IPO Closing date is January 2022.

    What is the Arohan Financial Services IPO Allotment date?
    Arohan Financial Services IPO Allotment Date is January 2022.

    What is Arohan Financial Services IPO Listing Date?
    Arohan Financial Services IPO Date is January 2022.

    What is Arohan Financial Services IPO Kostak Rate?
    Arohan Financial Services IPO Kostak rate is ₹-.

    What is Arohan Financial Services IPO Expected Returns?
    Arohan Financial Services IPO Expected Returns is -%.


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    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Arohan Financial Services Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Arohan Financial Services Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    Disclaimer

    1. We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO. 
    2. Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header. 
    3. We are not involved in the buying or selling of IPO form. 
    4. Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about Arohan Financial Services IPO. If you have a query about Arohan Financial Services IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


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