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Arman Financial Services Ltd
502-3-4, Sakar III
Off. Ashram Road, Opp. Old High Court
Phone: +91 7940507000p:+91 7940507000 AHMEDABAD, 380014  India Fax: +91 7927541738f:+91 7927541738
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20143/31/2014Yes----

Industries
SIC Code Description
6159 Miscellaneous business credit institutions
6141 Personal credit institutions

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Alok N.Prasad 8/9/2018 8/9/2018
Chief Executive Officer, Vice Chairman of the Board, Managing Director Jayendra B.Patel 71 11/26/1992 11/26/1992
Chief Financial Officer VivekModi 5/26/2018 5/26/2018
6 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 9,698,053 (As of 5/18/2023)
Shareholders: 4,906
Fax Number: +91 7927541738


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Tuesday, August 29, 2023