Arman Financial Services

Ahmedabad, India Founded: 1992 • Age: 34 yrs
Auto loans are provided through financial services in India.
Annual revenue $85.3M Latest available
Total funding - 3 rounds
Employees 1269 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Arman Financial Services

Arman Financial Services is a company based in Ahmedabad (India) founded in 1992 by Jayendra B Patel. The company has 1,269 employees as of September 24, 2025. Arman Financial Services offers products and services including Microfinance Loans and Vehicle Finance. Arman Financial Services operates in a competitive market with competitors including ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.

  • Headquarter Ahmedabad, India
  • Employees 1269 as on 24 Sep, 2025
  • Founders Jayendra B Patel
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Arman Financial Services Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $85.28 M (USD)
    10.37
    as on Mar 31, 2024
  • Net Profit
    $6.08 M (USD)
    -70
    as on Mar 31, 2024
  • EBITDA
    $39.14 M (USD)
    -25.39
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1269

    as on Sep 24, 2025

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IPO & Listings of Arman Financial Services

Arman Financial Services is a publicly listed company on the NSE with ticker symbol ARMANFIN in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ARMANFIN · Sector: Finance · India

Products & Services of Arman Financial Services

Arman Financial Services offers a comprehensive portfolio of products and services, including Microfinance Loans and Vehicle Finance.

Product name locked
Category locked
Primary

Group loans for income generation to low-income customers in India.

Product name locked
Category locked
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Financing options for two-wheelers and three-wheelers to enhance livelihoods.

People of Arman Financial Services

Headcount 200-500
Employee Profiles 4
Board Members and Advisors 6
Employee Profiles
People
Jayendra B. Patel
Managing Director & Vice Chairman
People
Alok J. Patel
Joint Managing Director
People
Vishwajit Vala
Legal Manager

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Board Members and Advisors
people
Alok Prasad
Chairman
people
Ramakant Nagpal
Director
people
Mridul Arora
Nominee Director
people
Geeta Solanki
Independent Director

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Funding Insights of Arman Financial Services

Investors in Arman Financial Services

Arman Financial Services has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Incofin Investment Management and Elevation Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Elevation Capital is focused on early-stage tech investments in India.
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Impact investing in agriculture, water access, and microfinance across emerging markets.
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Investor details for Arman Financial Services

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Investments & Acquisitions by Arman Financial Services

Investments
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Investment portfolio details for Arman Financial Services

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  • Transaction dates
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Financial Statements - Arman Financial Services

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Detailed financials for Arman Financial Services

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  • Profit trends
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Arman Financial Services Comparisons

Arman Financial Services Primary company
Description
Auto loans are provided through financial services in India.
Location
Ahmedabad, India
Founded Year
1992
Annual Revenue
$85.28 M (USD)
Net Profit
$6.08 M (USD)
EBITDA
$39.14 M (USD)
Employees
1,269
As of 2025
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Peer comparison for Arman Financial Services

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Competitors of Arman Financial Services

Arman Financial Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.

Company Name Domain Founded year HQ Location Description
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Microfinance banking services are offered in India by ESAF.
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Micro loans for businesses are offered by this NBFC.
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Micro-finance bank
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Provider of micro-credit & insurance for low income income individuals and women
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Microcredit services are provided to rural women for financial inclusion.
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Micro-credit financing is provided to low-income individuals and businesses.
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Detailed competitors of Arman Financial Services

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Latest news on Arman Financial Services

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Complete news archive for Arman Financial Services

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Frequently Asked Questions about Arman Financial Services

Arman Financial Services was founded in 1992 and raised its 1st funding round 19 years after it was founded.

Arman Financial Services is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Sep 24, 2025, the latest employee count at Arman Financial Services is 1,269.

Annual revenue of Arman Financial Services is $85.28M as on Mar 31, 2024.

Arman Financial Services was established in 1992 in Ahmedabad, India, within the financial sector. Operations focus on auto financing, where loans for vehicles are extended to eligible customers. Services are delivered primarily in the Indian market, supporting personal and commercial vehicle purchases. The company is led by founder and managing director Jayendra B Patel, with activities centered on credit provision in regional areas.

Arman Financial Services's top competitors include ESAF, Satin Creditcare and Hinduja Leyland Finance.

Arman Financial Services offers Microfinance Loans and Vehicle Finance.

Yes, Arman Financial Services is publicly traded on NSE under the ticker symbol ARMANFIN.

Arman Financial Services has 2 investors. Key investors include Incofin Investment Management, and Elevation Capital.

The ticker symbol of Arman Financial Services is ARMANFIN on NSE.

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