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ARMAN FINANCIAL SERVICES LIMITED

www.armanindia.com
Active
Updated: 12 Sep 2026

This company provides financial solutions such as loan service.

Arman Financial Services Limited, is a listed public company incorporated on 26 November, 1992. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 15.00 cr and the total paid-up capital is INR 10.51 cr.

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Subscription Plans
Industry and products
Hotels and Restaurants
  • Two-wheeler and three-wheeler finance and Group-Based Microfinance services
Company size
Auth Capital
₹ 15.0 Cr
Paidup Capital
₹ 10.5 Cr
Revenue
₹ 100-150 cr
# Key metrics of Arman Financial Services Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 15.0 Cr | | | Paidup Capital | ₹ 10.5 Cr | | | Revenue | ₹ 100-150 cr | | | Total Revenue | Details available with Tofler Pro subscription | 41.64% | | EBITDA | Details available with Tofler Pro subscription | 37.16% | | Net Profit | Details available with Tofler Pro subscription | 33.63% | | Networth | Details available with Tofler Pro subscription | 133.2% | | Borrowings | Details available with Tofler Pro subscription | -9.64% | | Assets | Details available with Tofler Pro subscription | 49.44% | | Gross Margin | Details available with Tofler Pro subscription | None | | Operating Margin | Details available with Tofler Pro subscription | -2.14 | | Net Profit Margin | Details available with Tofler Pro subscription | -1.67 | | Return on Equity | Details available with Tofler Pro subscription | -5.28 | | ROCE | Details available with Tofler Pro subscription | 734.7 | | Debt to Equity | Details available with Tofler Pro subscription | -0.86 |
Key Metrics

** All rupee values in INR crores.

Total Revenue
41.64%
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EBITDA
37.16%
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Net Profit
33.63%
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Networth
133.2%
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Borrowings
-9.64%
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Assets
49.44%
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Gross Margin
-
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Operating Margin
-2.14
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Net Profit Margin
-1.67
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Return on Equity
-5.28
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ROCE
734.7
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Debt to Equity
-0.86
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Ritaben Jayendrabhai Patel
Shareholder
00011818 34 years
Director Aakash Jayendrabhai Patel 02778878 26 years
Managing Director Aalok Jayendra Patel
Shareholder
02482747 7 years
Managing Director Jayendrabhai Bhailalbhai Patel
Shareholder
00011814 31 years
Director Alok Prasad 00080225 8 years
Director Geeta Haresh Solanki 08212773 6 years
Director Yash Kaushik Shah 02155636 5 years
Cfo Vivek Arun Modi 05287060 8 years
Company Secretary Uttambhai Narayanbhai Patel 08717357 1 years
Director Pinakin Surendrai Shah 00007695 2 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

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%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Total assets

Charges on assets

Bank wise
Charges
1

VARDHMAN TRUSTEESHIP PRIVATE LIMITED

No. of Loans: 3

Total Amount : 325.0 cr

2

IDFC First Bank Limited

No. of Loans: 4

Total Amount : 60.5 cr

3

NORTHERN ARC CAPITAL LIMITED

No. of Loans: 2

Total Amount : 50.0 cr

4

MAS Financial Services Limited

No. of Loans: 4

Total Amount : 45.0 cr

5

Catalyst Trusteeship Limited

No. of Loans: 1

Total Amount : 42.0 cr

6

KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED

No. of Loans: 2

Total Amount : 40.0 cr

7

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 40.0 cr

8

MAANAVEEYA DEVELOPMENT & FINANCE PRIVATE LIMITED

No. of Loans: 2

Total Amount : 35.0 cr

9

OXYZO FINANCIAL SERVICES LIMITED

No. of Loans: 1

Total Amount : 25.0 cr

10

ANAND RATHI GLOBAL FINANCE LIMITED

No. of Loans: 2

Total Amount : 22.5 cr

11

SBM BANK (INDIA) LIMITED

No. of Loans: 1

Total Amount : 20.0 cr

12

State Bank of India

No. of Loans: 1

Total Amount : 20.0 cr

13

STCI FINANCE LIMITED

No. of Loans: 2

Total Amount : 20.0 cr

14

NABSAMRUDDHI FINANCE LIMITED

No. of Loans: 1

Total Amount : 15.0 cr

15

POONAWALLA FINCORP LIMITED

No. of Loans: 1

Total Amount : 10.0 cr

16

Bajaj Finance Limited

No. of Loans: 1

Total Amount : 10.0 cr

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Charges

VARDHMAN TRUSTEESHIP PRIVATE LIMITED
IDFC First Bank Limited
NORTHERN ARC CAPITAL LIMITED
MAS Financial Services Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
HAZIRA PAPER PRIVATE LIMITED
Active
1.0 L 1 Gujarat
SVP & ASSOCIATES LLP
Active
25,000.0 1 Gujarat
NAMRA FINANCE LIMITED
Active
52.9 Cr 4 Gujarat
NAMRA HOLDINGS AND CONSULTANCY SERVICES LLP
Active
1.0 L 2 Gujarat
GANG-JONG DEVELOPMENT FINANCE PRIVATE LIMITED
Active
7.5 Cr 1 Himachal Pradesh
MUTHOOT MICROFIN LIMITED
Active
170.5 Cr 1 Maharashtra
MUTHOOT MICROFIN LIMITED
Active
170.5 Cr 1
FINCARE SMALL FINANCE BANK LIMITED
Amalgamated
254.0 Cr 1 Gujarat
UMMEED HOUSING FINANCE PRIVATE LIMITED
Active
102.7 Cr 1 Haryana
DHIRUBHAI SHAH & CO LLP
Active
10,000.0 1 Gujarat
RESTILE CERAMICS LIMITED
Active
98.3 Cr 1
BRADY AND MORRIS ENGINEERING COMPANY LIMITED
Active
2.2 Cr 1 Maharashtra
UNIPADS INDIA PRIVATE LIMITED
Active
52.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
NAMRA FINANCE LIMITED Gujarat 2012 ₹ 52.9 Cr

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers

Registered Details

CIN

L55910GJ1992PLC018623

Incorporation

1992, 33.9 years

Company Email

finance@armanindia.com

Paid up Capital

₹ 10.5 Cr

Authorised Capital

₹ 15.0 Cr

AGM

Sep 2025

Type

Public
Others

FAQ - ARMAN FINANCIAL SERVICES LIMITED

What is the incorporation date of ARMAN FINANCIAL SERVICES LIMITED?

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The incorporation date of ARMAN FINANCIAL SERVICES LIMITED is 26 November, 1992

What is the authorized share capital of ARMAN FINANCIAL SERVICES LIMITED?

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The authorized share capital of ARMAN FINANCIAL SERVICES LIMITED is INR ₹ 15.0 Cr.

What is the paid-up capital of ARMAN FINANCIAL SERVICES LIMITED?

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The paid-up capital of ARMAN FINANCIAL SERVICES LIMITED is INR ₹ 10.5 Cr.

What is the registered address of ARMAN FINANCIAL SERVICES LIMITED?

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The registered address of ARMAN FINANCIAL SERVICES LIMITED is 502-503 SAKAR-IIIOPP HIGH COURT OFF ASHRAM ROAD AHMEDABAD Gujarat - 380014

What is the CIN number of ARMAN FINANCIAL SERVICES LIMITED?

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The CIN number of ARMAN FINANCIAL SERVICES LIMITED is L55910GJ1992PLC018623.

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