Arohan Financial Services to Launch Rs 1,500-Crore IPO by Mid-2026-27

• Arohan Financial Services plans a Rs 1,500-crore IPO by mid-2026-27, with Rs 750 crore from fresh shares and Rs 750 crore as an Offer for Sale (OFS) by existing investors.
• The company has appointed merchant bankers and expects to file the DRHP with SEBI within two months.
• Managing Director Manoj Kumar Nambiar stated that investors like Tano Capital and Michael and Susan Dell Foundation will participate in the OFS, but promoters will not sell their stake.
• The MFI sector is experiencing positive momentum, with Arohan's collection efficiency ratio at 99.7 percent, aided by AI tools for collections.
• Arohan aims for a Rs 7,000 crore outstanding portfolio by current fiscal end, targeting Rs 20,000 crore by 2030, and plans to diversify into secured products like gold loans.

Why It Matters: Arohan Financial Services is set for a Rs 1,500-crore IPO by mid-2026-27 to strengthen its capital base.