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Arohan Financial Services Limited
To be announced

Retail Investor can invest upto Rs 2,00,000 in IPO

About the Company

Arohan Financial Services Limited is the largest NBFC MFI in eastern India. The company offers microfinance loans to customers from the economically weaker sections of the society. Their revenue from operations comprises: (i) Interest income, (ii) Fees and commission income, (iii) Net gain on derecognition of financial instruments and (iv) Other operating income. Interest income further includes interest on loans amounting to ?4,865.70 million, ?8,472.64 million, ?5,720.87 million and ?3,072.14 million for the six months ended September 30, 2020 and Fiscal 2020, Fiscal 2019 and Fiscal 2018, respectively.

Prospectus Document

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Dates

Offer End	:	-
Allotment Finalisation	:	-
Refund Initiation	:	-
Listing	:	-

How to Apply for IPOs on Paytm Money

Step 1
Once KYC is done, enter your bid details (quantity, price & no. of bids) and submit UPI ID.

Step 2
Accept the “Block Funds” request on UPI app

Step 3
If allotted, final amount will be debited otherwise, it will be unblocked.

The Bidding Process

Applying for an IPO is easier than ever with Paytm Money, in just a few clicks your application is processed. You can bid for any IPO through Paytm, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
The maximum subscription amount for retail investors is 2 lakh.
Any bid can be at a desired price or cut off price given by the company.

How to bid on App

Enter the number of shares you wish to buy, as per the lot size.
You can apply at the cut off price set by the company or bid for a desired amount within the price band.
Maximum three bids will be accepted.
You then need to enter the UPI ID on Paytm Money’s IPO application form.

Investing using UPI

You will immediately get a fund block request on your UPI for the submitted IPO application.
The funds will be blocked in your bank account until allotment when it is debited.
The limit for IPO application is Rs 2 lakh per transaction on UPI.
On allotment of the shares, the money will be automatically debited.
If the share aren’t allotted the blocked funds will reflect back into your account.