bg-rating-rationales

Entity-Specific Rating Rationales

03 Feb 2026

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

13 Jan 2026

Arohan Financial Services Limited: Rating reaffirmed; rating withdrawn for matured instruments

Arohan Financial Services Limited: Rating reaffirmed; rating withdrawn for matured instruments

05 Jan 2026

Arohan Financial Services Limited: Update on material event

Arohan Financial Services Limited: Update on material event

08 Dec 2025

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

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

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


bg-rating-crediet-reports

Entity-Specific Credit Perspective Reports

13 Feb 2026

Arohan Financial Services Limited

Arohan Financial Services Limited (Non-SF)

08 Dec 2025

Arohan Financial Services Limited

Arohan Financial Services Limited (SF)

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)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Non-Convertible Debenture -- -- [ICRA]A(Stable) --
Subordinated Debt -- -- [ICRA]A(Stable) --
Series A1 PTC -- -- Provisional [ICRA]AA+(SO) --
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) --

Our Analysts

Analyst 1

Chandni

Analyst 2

Prateek Mittal

Sector Head

Karthik Srinivasan
bg-rating-research

Most Trending Research Reports


View More
bg-rating-rationales

Rating Rationales

icon-download

View More

Specialty Chemicals: Industry on a slow road to recovery

Girishkumar Kadam,Prashant Vasisht

19 Feb 2026 04:00 PM
Register now 6 days Left

Road sector hits a slow lane as project awarding moderates

Mr. Suprio Banerjee,Mr. M Rajashekar Reddy

25 Feb 2026 04:00 PM
Register now 12 days Left

Beyond the GST Boost: Can India’s Auto Demand Sustain Its Momentum?

Jitin Makkar,Srikumar Krishnamurthy

11 Feb 2026 04:00 PM

PPT Icon PPT

Union Budget FY2027

K. Ravichandran, Aditi Nayar, Karthik Srinivasan

02 Feb 2026 04:00 PM

PPT Icon PPT

Podcast

View More

Media Release



View More
Ask Our Industry Analyst Get in touch with our Business Representative
Please enter your name
Please enter your mobile number
Please enter your email id
Please enter your company name
Name should not be greater than 50 characters
Please choose sector
Please enter your query
Query to have atleast ten characters
Query should not be greater than 1,000 characters
Please verify you are not a Robot.