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Arohan Financial Services Limited

Sector : Finance Sub Sectors : Microfinance Institutions

03 Dec 2025 Arohan Financial Services Limited: Arohan Financial Services Limited-Ascent Beta November 2025-CPR-03122025

Home Credit Perspective Reports Arohan Financial Services Limited

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Entity-Specific Rating Rationales

03 Dec 2025

Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Beta November 2025

Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Beta November 2025

02 Dec 2025

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

12 Nov 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Alpha June 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Alpha June 2025

04 Nov 2025

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

30 Sep 2025

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

11 Sep 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Gamma May 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Gamma May 2025

11 Sep 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Beta May 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Beta May 2025

11 Sep 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Alpha May 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent Alpha May 2025

02 Sep 2025

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

29 Aug 2025

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent 25-26 PTC Series A1

Arohan Financial Services Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Ascent 25-26 PTC Series A1

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Entity-Specific Credit Perspective Reports

03 Dec 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

01 Jul 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

10 Jun 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

10 Jun 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

05 Jun 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

28 Apr 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

05 Feb 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (Non-SF)

07 Mar 2024

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

05 Feb 2024

Arohan Financial Services Limited

Arohan Financial Services Limited (Non-SF)

06 Sep 2023

Arohan Financial Services Limited

Arohan Financial Services Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Series A1 PTC	--	--	Provisional [ICRA]AA+(SO)	--
Series A2 PTC	--	--	Provisional [ICRA]AA(SO)	--
Series A1 PTC	--	--	[ICRA]AA+(SO)	--
Series A2 PTC	--	--	[ICRA]AA(SO)	--
Series A1 PTC	--	--	[ICRA]A+(SO)	--
Equity tranche	--	--	[ICRA]A(SO)	--
Series A1 PTC	--	--	[ICRA]A+(SO)	--
Equity tranche	--	--	[ICRA]A-(SO)	--
Series A1 PTC	--	--	[ICRA]AA-(SO)	--
Series A2 PTC	--	--	[ICRA]A+(SO)	--

Our Analysts

Analyst 1

Shruti Jain

912261143472
shruti.jain@icraindia.com

Analyst 2

Sumit Pramanik

02261143462
sumit.pramanik@icraindia.com

Sector Head

Manushree Sagar

9810290745
manushrees@icraindia.com

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