What does Arihant Classic Finance Limited do?

Arihant Classic Finance Limited is a Mumbai-based Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI). It is classified as a Non-Deposit Accepting Systemically Important NBFC (ND-SI) and is engaged in consumer and commercial finance activities.

What does ND-SI classification mean for Arihant Classic Finance?

ND-SI stands for Non-Deposit Accepting Systemically Important NBFC. This classification by RBI applies to NBFCs with assets above a prescribed threshold (typically ₹500 crore+), subjecting them to enhanced regulatory requirements including higher capital adequacy ratios, disclosure norms, and governance standards.

Who are the promoters of Arihant Classic Finance Limited?

Promoter details are not confirmed through public sources. Investors should refer to MCA filings (CIN: U65910MH1994PLC078279) and RBI's NBFC registration records for director and shareholding information.

What is the lot size for Arihant Classic Finance unlisted shares?

The lot size is 1 share. At ₹35 per share, entry is accessible, though overall investment size should be calibrated by the number of shares purchased.

Is Arihant Classic Finance planning an IPO?

No official IPO plans have been announced. The company remains unlisted as of 2025.

How do I buy Arihant Classic Finance unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Arihant Classic Finance?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Arihant Classic Finance shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Arihant Classic Finance Unlisted Share Price | Buy Arihant Classic Finance Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Arihant Classic Finance Unlisted Share Price | Buy Arihant Classic Finance Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Arihant Classic Finance Limited is a Mumbai-based RBI-registered NBFC with over 30 years of operational history in consumer and commercial finance. Its Systemically Important classification indicates meaningful scale. However, the NBFC sector has faced significant regulatory and liquidity challenges since 2018, and the company's unlisted status limits information available for due diligence. Investors should review RBI NBFC registration status and MCA filings before investing.

Pros

Listed on MSEI (ticker: ARCF) — exchange-regulated NBFC with secondary market presence.
Revenue of Rs.7.04 Cr with PAT of Rs.1.74 Cr (~25% net margin) — profitable despite small scale.
Net worth of Rs.14.02 Cr; authorized capital Rs.11.5 Cr, paid-up Rs.10.15 Cr — solid capital base for MSEI-listed NBFC.
Active website at arihantclassic.in; operations in Ahmedabad — access to Gujarat's strong MSME ecosystem.

Cons

Revenue of only Rs.7.04 Cr — very small NBFC in a highly competitive financial services landscape.
Promoter holding 39.2% — below 50%; modest promoter skin-in-the-game relative to public float.
MSEI listing has near-zero liquidity; exit for shareholders is very difficult.
NBFC sector faces increasing RBI capital adequacy requirements and competition from large fintech lenders.

Business Segments

Securities & Derivatives Trading

Proprietary trading in securities and derivatives markets.

Investment & Portfolio Services

Investment management, portfolio valuation, and advisory financial services.

Revenue Model

Arihant Classic Finance Limited earns revenue primarily through interest income on loans disbursed to consumer and commercial borrowers. As an NBFC, it funds its lending book through borrowings from banks and capital markets, with net interest margin (NIM) being the core profitability metric.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

India's credit penetration remains low, providing growth runway for NBFCs

Growing formalisation of SME lending demand

Potential partnership with banks or fintech platforms for co-lending

India's consumer spending growth driving demand for retail credit products

Industry Tailwinds

Recent Developments

RBI tightens NBFC regulatory framework

RBI's revised regulatory framework for NBFCs (effective 2022-23) introduced a scale-based regulation model, increasing compliance requirements for Systemically Important NBFCs, which may impact operating costs for players like Arihant Classic Finance.

2023-01

Comparable Companies

CompanyTypeTickerMkt Cap

Bajaj FinanceListedBAJFINANCE~4,50,000 Cr

Cholamandalam Investment and FinanceListedCHOLAFIN~1,00,000 Cr

Muthoot FinanceListedMUTHOOTFIN~80,000 Cr

Bajaj FinanceListed

BAJFINANCE · ~4,50,000 Cr

Frequently Asked Questions

About Arihant Classic Finance

Arihant Classic Finance Limited is a Mumbai-based Non-Banking Financial Company (NBFC) incorporated in 1994, engaged in consumer and commercial finance activities. The company provides lending and investment services to individuals and businesses, operating as an RBI-registered NBFC from India's financial capital. NBFCs have been critical to India's financial inclusion story — providing credit to MSMEs, retail borrowers, and underserved segments that traditional banks often do not reach. India's NBFC sector has grown to assets of over Rs 60 lakh crore, with the sector accounting for approximately 25% of total credit in the economy. Arihant Classic Finance has been operating for 30+ years since 1994, navigating India's evolving NBFC regulatory landscape including the post-IL&FS tightening of 2018, RBI's scale-based regulatory framework of 2021, and the COVID-19 disruption period. The company's 30-year track record demonstrates resilience through multiple credit cycles. Mumbai's status as India's financial capital provides Arihant Classic Finance with access to diverse funding sources (bank credit lines, NCDs, capital markets) and a large base of potential borrowers across retail, MSME, and commercial segments. Investors in NBFC shares should carefully examine NPA levels, capital adequacy, net interest margins, and the quality of the loan book.

Key Milestones

Incorporated 1994 in Mumbai/Ahmedabad (CIN: U65910MH1994PLC078279)

Common questions about unlisted shares

How do I buy Arihant Classic Finance unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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