Company Arman Financial Services Limited NSE India S.E.

ARMANFIN

INE109C01017

Consumer Lending

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sector Other Consumer Lending

Market Closed - NSE India S.E. Other stock markets 07:43:51 2024-05-06 am EDT			5-day change	1st Jan Change
2,016 ^INR	-0.49%		+1.56%	-17.31%

May. 03	Arman Financial Services Names Chief Risk Officer	MT
May. 02	Arman Financial Services Limited Approves the Appointment of Govindarajan Moorthy as Chief Risk Officer	CI

Arman Financial Services Limited is an India-based holding company. The Company is a non-banking finance company (NBFC). The Company operates through the Financing segment. The Company provides lending services primarily in the two-wheeler, micro-enterprise (MSME), and microfinance segments. It provides finance for all models of motorcycles, mopeds, scooterettes and scooters of Hero, Honda, Bajaj, TVS, HMSI, Suzuki, Yamaha, & Royal Enfield. It operates serves niche rural markets in Gujarat, Madhya Pradesh, Uttar Pradesh, Maharashtra, Uttarakhand, Rajasthan, Haryana, and Bihar through a distribution network of 336 branches, 55+ two-wheeler dealerships spread across 120 districts in eight states serving 6.2 lakh customers. It also focuses on small ticket retail loans to the large underserved informal segment customer in rural and semi urban geographies. The Microfinance division is operated through its wholly owned subsidiary, Namra Finance Ltd.

Number of employees: 694

INR in Million	2022	Weight	2023	Weight	Delta
Financing 100.0 %	2,350	100.0 %	4,240	100.0 %	+80.43%

INR in Million	2022	Weight	2023	Weight	Delta
India 100.0 %	2,350	100.0 %	4,240	100.0 %	+80.43%

Managers	Title	Age	Since
Jayendrabhai B. Patel FOU	Founder	-	92-11-25
Vivek A. Modi DFI	Director of Finance/CFO	-	18-05-25
Chandrabhan Gadhavi CTO	Chief Tech/Sci/R&D Officer	-	14-10-28
Jaimish G. Patel CMP	Compliance Officer	-	16-02-29
Aalok J. Patel BRD	Director/Board Member	39	19-08-20
Saravanan Jayachandran HRO	Human Resources Officer	-	23-08-13
Kamlesh Garg PRN	Corporate Officer/Principal	-	-
Rambabu Agrawal PRN	Corporate Officer/Principal	-	06-03-31
Anju Agrawal SAM	Sales & Marketing	-	06-03-31
Javed Mohammad PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Jayendrabhai B. Patel FOU	Founder	-	92-11-25
Aakash J. Patel BRD	Director/Board Member	44	00-10-23
Ritaben Jayendrabhai Patel BRD	Director/Board Member	73	92-11-25
Alok N. Prasad CHM	Chairman	-	18-07-31
Ramakant D. Nagpal BRD	Director/Board Member	74	15-08-23
Yash Kaushik Shah BRD	Director/Board Member	-	21-09-01
Geeta Haresh Solanki BRD	Director/Board Member	39	20-03-31
Aalok J. Patel BRD	Director/Board Member	39	19-08-20

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	10,476,774	5,359,296 ( 51.15 %)	0	51.15 %

Name	Equities	%	Valuation
Elevation Capital V Ltd. 16.33 %	1,597,947	16.33 %	35 M ₹
Namra Holding & Consultancy Services LLP 9.689 %	948,308	9.689 %	21 M ₹
Ritaben Jayendrabhai Patel 4.456 %	436,089	4.456 %	10 M ₹
Jayendrabhai B. Patel 4.372 %	427,937	4.372 %	9 M ₹
Mukul Mahavir Agrawal 4.087 %	400,000	4.087 %	9 M ₹
Highwest Global Management LLC 2.813 %	275,312	2.813 %	6 M ₹
Alok Jayendra Patel 2.532 %	247,809	2.532 %	5 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 2.066 %	202,220	2.066 %	4 M ₹
Patel Jayendra Bhailal Family 2.003 %	196,000	2.003 %	4 M ₹
Government of India 1.941 %	189,936	1.941 %	4 M ₹

Arman Financial Services Ltd.

502-503, Sakar III Opposite Old High Court

380014, Ahmedabad

+91 79 4050 7000

http://www.armanindia.com

address Arman Financial Services Limited(ARMANFIN)

Name	Category and Sector
Namra Finance Ltd. Namra Finance Ltd. Finance/Rental/LeasingFinance Part of Arman Financial Services Ltd., Namra Finance Ltd. is an Indian company that provides financial services. The private company is based in Ahmedabad, India.	Finance/Rental/Leasing

Financials

Banking & Investment Services

Banking Services

Consumer Lending

Other Consumer Lending

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Other Consumer Lending