Arohan Financial Services Limited

Provides microloans to women borrowers through a JLG model, with support from Aavishkar Group.

1991 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Arohan Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 275.00 Cr
  • Paid Up Capital ₹ 158.91 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9,272.75 Cr
  • Satisfied Charges ₹ 12,108.15 Cr
  • Revenue Growth 18.53%
  • Profit Growth 16.02%
  • Ebitda 14.84%
  • Net Worth 30.73%
  • Total Assets 15.09%

About Arohan Financial Services

Arohan Financial Services Limited (AFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 1991 and has a history of 33 years and five months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Ang Resources Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 275.00 Cr and a paid-up capital of Rs 158.91 Cr.

The company currently has active open charges totaling ₹9,272.75 Cr. The company has closed loans amounting to ₹12,108.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Arohan Financial Services Limited India are Anirudh Thakur as COMPANY SECRETARY and Milind Nare as Cfo. Karina Alfaro, Jose Kattoor, Stephen Lee, and Twelve other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140WB1991PLC053189

  • Company No.

    053189

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1991

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Arohan Financial Services Limited offer?

Arohan Financial Services Limited offers a wide range of products and services, including Domestic RO Water Purifier & Filters, RO Water Purifiers.

Company report

Arohan Financial Services Limited

Explore comprehensive data for Arohan Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Arohan Financial Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Milind Nare Country flag representing In CFO09-May-2016Current
Anirudh Thakur Country flag representing In Company Secretary23-Oct-2017Current
Manojkumar Nambiar Country flag representing In Managing Director03-Oct-2012Current

Board Members (14)

NameDesignationAppointment DateStatus
Wilhelmus Beek Country flag representing Nl Nominee Director 05-Dec-2016Current
Vineet Rai Country flag representing In Nominee Director 24-Oct-2013Current
Rupa Vora Country flag representing In Nominee Director 08-Aug-2023Current
Rajat Nag Country flag representing In Director 31-Jan-2015Current
Piyush Goenka Country flag representing In Nominee Director 31-Mar-2015Current
Dinesh Mittal Country flag representing In Director 15-May-2018Current

Financial Performance of Arohan Financial Services.

Arohan Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.53% increase. The company also saw a substantial improvement in profitability, with a 16.02% increase in profit. The company's net worth Soared by an impressive increase of 30.73%.

Arohan Financial Services revenue growth over time
Arohan Financial Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.53%
Revenue from Operations
18.60%
Total Assets
15.09%
Profit or Loss
16.02%
Net Worth
30.73%
EBITDA
14.84%

What is the Ownership and Shareholding Structure of Arohan Financial Services?

In 2023, Arohan Financial Services had a promoter holding of 33.48% and a public holding of 66.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9,272.75 Cr

Satisfied Charges

₹12,108.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 5522.75 Cr
  • Sidbi : 950.00 Cr
  • State Bank Of India : 900.00 Cr
  • Axis Bank Limited : 680.00 Cr
  • Standard Chartered Bank : 340.00 Cr
  • Others : 880.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Bank Of India₹50.00 CrOpen
27 Sep 2024Others₹75.00 CrOpen
25 Sep 2024Others₹32.50 CrOpen
25 Sep 2024Canara Bank₹40.00 CrOpen
23 Sep 2024Yes Bank Limited₹150.00 CrOpen

How Many Employees Work at Arohan Financial Services?

Arohan Financial Services has a workforce of 10203 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Arohan Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arohan Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Arohan Financial Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Arohan Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2021 via Charge ID 100491481 with Others was fully satisfied on 28 Oct 2024.

  • Charges

    A charge registered on 23 Mar 2021 via Charge ID 100432719 with Others was fully satisfied on 28 Oct 2024.

  • Director Appointment

    Jose Joseph Kattoor was appointed as a Director was appointed as a Director on 26 Oct 2024 & has been associated with this company since 4 months 26 days .

  • Charges

    A charge registered on 05 Jul 2017 via Charge ID 100111156 with United Bank Of India was fully satisfied on 01 Oct 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 50.00 Cr with Charge ID 100985524 was registered on 28 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100981169 was registered on 27 Sep 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Arohan Financial Services Limited?

    Arohan Financial Services Limited was incorporated on 27 Sep 1991.

  • What is authorized share capital and paid-up capital of Arohan Financial Services Limited?

    The authorized share capital of Arohan Financial Services Limited is ₹ 275.00 Cr and paid-up capital is ₹ 158.91 Cr.

  • Who are the current board members & directors of Arohan Financial Services Limited?

    Currently 17 directors are associated with Arohan Financial Services Limited.

    • Anirudh Singh G Thakur
    • Milind Ramchandra Nare
    • Karina Isabel Alva Alfaro
    • Jose Joseph Kattoor
    • Stephen Dongwon Lee
    • Nitish Chawla
    • Rajat Mohan Nag
    • Chandramouli Vemuru
    • Rupa Rajul Vora
    • John Arunkumar Diaz
    • Dinesh Kumar Mittal
    • Ulhas Sharadkumar Deshpande
    • Vineet Chandra Rai
    • Piyush Goenka
    • Wilhelmus Marthinus Maria Van Der Beek
    • Anurag Agrawal
    • Manojkumar Narayan Nambiar

  • What is the registered address of Arohan Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arohan Financial Services Limited is Pti Building 4Th Floor Dp-9 Sector-5, Salt Lake India, Kolkata, West Bengal, 700091.

  • What is the corporate identification number (CIN) and company number of Arohan Financial Services Limited?

    The corporate identification number (CIN) of Arohan Financial Services Limited is U74140WB1991PLC053189 and the company number is 053189 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arohan Financial Services Limited?

    The Official website of Arohan Financial Services Limited is https://www.arohan.in

  • What has been the recent revenue trend for Arohan Financial Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Arohan Financial Services Limited has risen by 18.53%.

  • How many employees does Arohan Financial Services Limited currently have?

    As Per 2023 financial reports, 10203 employees are currently employed by Arohan Financial Services Limited.

  • What change has been observed in the net worth of Arohan Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Arohan Financial Services Limited has experienced an upsurge of 30.73%.

  • What are the total open charges for Arohan Financial Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Arohan Financial Services Limited amount to ₹ 9,272.75 Cr.

  • When was the last Balance Sheet of Arohan Financial Services Limited filed with the ROC?

    The most recent Balance Sheet for Arohan Financial Services Limited was filed with the ROC on 31 Mar 2024.

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