Arman Financial Services Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 1992.

1992 Ahmedabad, Gujarat, India Active

Last Updated: January 22, 2026

About Arman Financial Services Limited

Arman Financial Services Limited, a active public limited company, was established on 26 November 1992 in Ahmedabad, Gujarat, India. Engaging in asset financing companies within the financial and insurance service sector, it holds CIN: L55910GJ1992PLC018623. Registered under ROC Roc Ahmedabad. it is listed on BSE: 531179 and NSE: ARMANFIN. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹10.51 Cr.

Formerly known as Arman Lease And Finance Limited, Arman Lease And Finance Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹96.14 Cr and a net worth of ₹229.36 Cr. Employing 1,269 professional, Its leadership includes Aalok Jayendra Patel (Managing Director), Geeta Haresh Solanki (Director), Pinakin Surendra Shah (Director). Past directors included Aalok Jayendra Patel, Mridul Arora, Kaushik Dhirajlal Shah. It holds ₹560.03 Cr open charges and ₹766.70 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 502-503 Sakar-Iiiopp High Court Off Ashram Road, Ahmedabad, Gujarat, 380014.

Company Details

CIN/LLPIN
L55910GJ1992PLC018623
Registration Number
018623
Incorporation Date
26 November 1992
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹10.51 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 531179, NSE: ARMANFIN)
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 22-01-2026
Paid Up Capital ₹ 10.51 Cr as on 22-01-2026
Company Age 33 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 560.03 Cr as on 22-01-2026
Satisfied Charges ₹ 766.70 Cr as on 22-01-2026
Revenue Growth **** 45.19% (FY 2023)
Profit Growth **** 74.70% (FY 2023)
Ebitda **** 74.13% (FY 2023)
Net Worth 62.72% (FY 2023)
Total Assets **** 73.34% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Arman Financial Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Aalok Jayendra Patel	Managing Director	30 Jan 2007	Current
Geeta Haresh Solanki	Director	01 Apr 2020	Current
Pinakin Surendra Shah	Director	14 Aug 2024	Current
Yash Kaushik Shah	Director	02 Sep 2021	Current
Ritaben Jayendrabhai Patel	Director	26 Nov 1992	Current
Jayendrabhai Bhailalbhai Patel	Managing Director	28 Aug 1995	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo(Kmp)	25 May 2018	Past
Pramod Abcsdd	Nominee Director	03 Feb 2024	Past
Pramod Abcsdd	Director	12 Aug 2021	Past
Pramod Abcsdd	Director	11 Aug 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2020	Past
Pramod Abcsdd	Additional Director	26 Sep 2024	Past

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Financial Performance of Arman Financial Services.

Arman Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.19% increase. The company also saw a substantial improvement in profitability, with a 74.7% increase in profit. The company's net worth Soared by an impressive increase of 62.72%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

45.19%

*******

Revenue from Operations

*******

51.24%

*******

Total Assets

*******

73.34%

*******

Profit or Loss

*******

74.70%

*******

Net Worth

*******

62.72%

*******

EBITDA

*******

74.13%

*******

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

In 2024, Arman Financial Services had a promoter holding of 22.09% and a public holding of 77.91%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,600,310,000.00

Satisfied Charges

₹7,666,950,000.00

Charges Breakdown by Lending Institutions

Others : 470.23 Cr
Idbi Trusteeship Services Limited : 89.80 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Dec 2025	Others	₹20.00 Cr	Open
27 Dec 2025	Others	₹20.00 Cr	Open
23 Dec 2025	Others	₹10.00 Cr	Open
04 Dec 2025	Others	₹75.00 Cr	Open
30 Sep 2025	Others	₹10.00 Cr	Open

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How Many Employees Work at Arman Financial Services?

Arman Financial Services has a workforce of 1269 employees as of Jan 22, 2026. 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Arman 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 Arman Financial Services's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Arman Financial Services

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101209230 was registered on 30 Dec 2025. was recorded as a recent event.
30 Dec 2025
Charges

Progress on A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101210189 was registered on 27 Dec 2025. was documented.
27 Dec 2025
Charges

The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101207553 was registered on 23 Dec 2025. was completed.
23 Dec 2025
Charges

Progress on A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101198831 was registered on 04 Dec 2025. was documented.
04 Dec 2025
Charges

A charge registered on 20 Dec 2022 via Charge ID 100666298 with Others was fully satisfied on 19 Nov 2025. was recorded as a recent event.
19 Nov 2025
Charges

The activity A charge registered on 20 Dec 2022 via Charge ID 100666302 with Others was fully satisfied on 19 Nov 2025. was completed.
19 Nov 2025

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