11 May 2026
Trilegal advises BRLMs on Arohan Financial Services’ proposed IPO
18 May 2026
18 May 2026
Trilegal advised the Book Running Lead Managers, DAM Capital, Motilal Oswal Investment Advisors and SBI Capital Markets in connection with the proposed IPO by Arohan Financial Services Limited comprising a fresh issue of equity shares and an offer for sale by existing shareholders.
The proposed IPO comprises a fresh issue of equity shares aggregating to INR 6,000 million and an offer for sale of up to 40,437,529 equity shares by existing shareholders.
Arohan Financial Services is a technology-enabled NBFC-MFI focused on providing income-generating loans and a range of financial inclusion products to underserved and unserved customers across rural and semi-urban India. As per the CARE Report, Arohan is the second largest NBFC-MFI in Eastern India in terms of AUM as of December 31, 2025 and the ninth largest NBFC-MFI in India in terms of AUM which places Arohan among the leading participants in the micro finance industry.
The Trilegal Capital Markets Team advising on the matter was led by Partners: Bhakta Patnaik and Albin Thomas; and comprised of Senior Associate: Somya Jena; Associates: Janhavi Shah, Tushar Chitlangia, Sanskriti Singh, Adhish Mohanty and Chaitali Chopdekar.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 158 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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