Arohan Financial Services Unlisted Shares

A) Arohan Financial is a leading NBFC-MFI with operations in financially under-penetrated Low Income States of India. They provide income generating loans and other financial inclusion related products to customers who have limited or no access to financial services.

B) Started in the year 2006, Arohan Financial is 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. Arohan Financial has seasoned business model incorporating well-established risk management framework, loan approval processes and recovery drives.

C) As of September 30, 2020, its Gross Loan Portfolio (“GLP”) is ~4800 Crores. In the last 3 years i.e. 2017 to 2020, they were having the second highest loan portfolio CAGR of 68.00% among the top five NBFC-MFIs in India.

D) Arohan Financial microfinance business’ branch network consisted of 710 branches in 11 states and MSME lending business’ branch network consisted of 10 branches in eight states.

E) Under Microfinance portfolio, the company has 97% women customers to whom they have given loans.

F) The promoters of the company are Aavishkaar Venture Management Services Private Limited (“AVMS”) and Intellectual Capital Advisory Services Private Limited (“I-Cap”). Other institutional investors include Tano India Private Equity Fund II, Maj Invest Financial Inclusion Fund II K/S, Michael & 137 Susan Dell Foundation, TR Capital III Mauritius, ASK Financial Holding Private Limited and Kiran Vyapar Limited.

G) In FY20, Arohan Financial has Revenue of 934 Crores, PAT of 126 Crores and Gross NPA of 2.47%.

H) Book value as on 30.09.2020 = 93 and EPS = 12.07. So, accordingly, the share at Rs.250 is available at P/E of 20x and P/B of 2.66x, which is very reasonable.

The company has recently filed DRHP to bring IPO.

Arohan Financial Services Unlisted Shares Details:

Total Available Shares:	1000
Face Value:	₹ 10 Per Equity Share
ISIN:	INE808K01017
Lot Size:	100 Shares
Current Unlisted Share Price:	₹ 145 Per Equity Share

Promoters And Management:

(i) Manoj Kumar Nambiar is the Managing Director of our Company. He has been a Director since October 2012, when he was appointed as the Managing Director of our Company with effect from October 3, 2012. He holds a bachelor’s degree in engineering (mechanical branch) and a master’s degree in management studies from the University of Bombay. He has also completed the 'Strategic Leadership in Microfinance' course from Harvard Business School, USA. (ii) Vineet Chandra Rai is a Non-Executive Nominee Director of our Company. He was nominated to our Board by AVMS. He has been a Director since October 24, 2013. He holds a post-graduate diploma in forestry management from the Indian Institute of Forest Management, Bhopal. Additionally, he is an Honorary Member of XLRI Alumni Association. He is the promoter of AVMS, which is a part of the Aavishkaar Group. He was awarded the Outstanding Social Change Agent by TiE Mumbai in January 2020 and also featured on the cover of Forbes India (January 2018 issue).

Shareholding Pattern:

Name of shareholder	No. of Equity Shares	% of Equity
AVMS	24763774	20.61
AG II	18539529	15.43
Tano	16914279	14.07
I-Cap	16472146	13.71
Maj Invest	15401267	12.82
TR Capital	9718722	8.09
ASK Financial Holdings Pvt. Ltd	5530329	4.6

Financials of Arohan Financial Services Unlisted Shares:

Particulars (in Crores)	FY22	FY21	FY20	FY19	FY18
Loan Book	3710	3945	4995	4677	2693
Revenue	902	1014	934	651	327
PAT	59	-160	126	127	30
NIM	13.40%	12.18%	11.89%	11.49%	12.49%
ROA	1.11%	-2.92%	2.85%	4.11%	1.95%
Gross NPA	4.50%	11.23%	2.47%	0.73%	1.44%
Net-NPA	1.32%	3.96%	0%	0%	0.44%

Arohan Financial Unlisted Shares FY212-22 Results

Particulars (in Cr)	31.03.2022	31.03.2021
Net Interest Income	500	518
Other Income	18	27
(Total Income)	518	545
Operational Cost	294	253
Profit before Provisioning	224	292
Provisioning	136	504
Profit after Provisioning	88	-212
PBT	86	-218
TAX	22	-58
PAT	59	-172

Arohan Financial Annual Report 2021 Arohan Financial Annual Report FY21-22 DRHP of Arohan Financial

Frequently Asked Questions:

Please find below the procedure for buying Arohan Financial Services Unlisted Shares at UnlistedZone.

1. You confirm booking of Arohan Financial Services Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Arohan Financial Services Unlisted Shares is 6 months after listing. Hence you can’t sell Arohan Financial Services Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Arohan Financial Services Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Arohan Financial Services Unlisted Shares.
2. We will give you our client master report and you will transfer the Arohan Financial Services Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Arohan Financial Services Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Arohan Financial Services Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Arohan Financial Services Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Arohan Financial Services Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Arohan Financial Services Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Arohan Financial Services Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Arohan Financial Services Unlisted Shares.
- b. Name of Arohan Financial Services Unlisted Shares
- c. Quantity of Arohan Financial Services Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Arohan Financial Services Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Arohan Financial Services Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Arohan Financial Services Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.

If you buy Arohan Financial Services Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Arohan Financial Services Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Arohan Financial Services Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Arohan Financial Services Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Arohan Financial Services Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Arohan Financial Services Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Arohan Financial Services Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Arohan Financial Services Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Arohan Financial Services Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Arohan Financial Services Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Arohan Financial Services Unlisted Shares

Arohan Financial Services Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Arohan Financial Services Unlisted Shares:

Frequently Asked Questions:

Discussion on Arohan Financial Services Unlisted Shares:

Leave a Reply Cancel reply

Imp. Links

Imp. Links

Our Office :

Arohan Financial Services Unlisted Shares

<img width="200" height="27" src="https://dyvmwwyqozzzb.cloudfront.net/main/logo-19.png" class="attachment-200xauto size-200xauto wp-post-image" alt="" decoding="async" />

Arohan Financial Services Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Arohan Financial Services Unlisted Shares:

Frequently Asked Questions:

Discussion on Arohan Financial Services Unlisted Shares:

Leave a Reply Cancel reply

Imp. Links

Imp. Links

Our Office :