What does Arthan Finance Limited do?

Arthan Finance Limited is a Delhi-based NBFC providing financial services to underserved borrowers including women and MSME entrepreneurs who are excluded from traditional banking channels. It operates in the rural and semi-urban credit space targeting low-income households.

Is Arthan Finance an NBFC?

Yes, Arthan Finance Limited is registered as an NBFC (Non-Banking Financial Company) with the Reserve Bank of India, operating under the NBFC regulatory framework for lending to MSMEs and rural borrowers.

Is Arthan Finance planning an IPO?

No IPO plans have been publicly announced for Arthan Finance Limited. Given its relatively young age (incorporated 2016) and focus on social impact lending, an IPO would likely be a medium-term aspiration rather than near-term plan.

What is the lot size for Arthan Finance unlisted shares?

The lot size is 1 share. At ₹240 per share, investors can acquire shares in the unlisted market, though liquidity is limited.

What is the current unlisted share price of Arthan Finance?

The unlisted share price is approximately ₹240 per share as quoted by unlisted share market intermediaries. This price reflects investor expectations for future growth and a potential listing.

How does Arthan Finance raise funds?

As an NBFC, Arthan Finance raises funds through a combination of equity capital from investors, bank credit lines, and possibly NCD issuances or borrowings from development finance institutions (DFIs) to on-lend to its MSME and rural borrowers.

How do I buy Arthan 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 Arthan 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 Arthan 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.

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

Investment Thesis

Arthan Finance Limited is a young Delhi-based NBFC serving the MSME and rural finance segment with a social impact orientation. While India's credit gap in this segment is massive and structural, Arthan's small scale and limited operating history require investors to assess its financial performance carefully. The company's trajectory — in terms of loan book growth, asset quality, and fundraising — will determine long-term value.

Pros

Revenue of Rs.40.7 Cr (FY25) — rapidly scaling FinTech NBFC serving MSMEs underserved by formal banking.
RBI-licensed Non-Deposit Taking NBFC — regulatory legitimacy with full lending authority.
Raised $11.5M across 5 funding rounds — backed by institutional investors validating the MSME lending model.
Targets MSMEs excluded from formal credit — large addressable market with structural underserved demand in India.

Cons

Private company — no secondary market; exit for investors requires private transactions.
MSME lending carries elevated credit risk: small borrowers are vulnerable to economic cycles and cash flow volatility.
Intense competition from established MFIs (Bandhan, Ujjivan), fintech lenders (Lendingkart, NeoGrowth) and banks.
RBI regulatory tightening on NBFC/MFI lending norms creates compliance and capital adequacy pressure.

Business Segments

MSME Lending

Providing formal credit to micro, small and medium enterprises (MSMEs) excluded from traditional banking — working capital loans, business loans.

FinTech Financial Services

Digital-first NBFC leveraging technology for credit underwriting, disbursement, and collection for MSME segment.

Revenue Model

Arthan Finance Limited earns revenue primarily through interest income on its loan portfolio extended to MSME and rural borrowers. Additional revenue may come from processing fees and service charges. The company funds lending operations through equity raised from investors, bank borrowings, and credit lines from development finance institutions.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds14

Growth Plans

India's large MSME credit gap providing sustained demand for lending

Government financial inclusion schemes increasing borrower awareness and credit absorption

Technology-enabled credit underwriting and digital collections improving efficiency

Potential strategic investment or acquisition by a larger NBFC or bank

Recent Developments

Revenue reaches Rs.40.7 Cr in FY25

Strong MSME lending growth driving revenue scale; total funding raised $11.5M across 5 rounds.

2025

Comparable Companies

CompanyTypeTickerMkt Cap

Arohan Financial ServicesListedUnlisted—

CreditAccess GrameenListedCREDITACC~14,000 Cr

Spandana SphoortyListedSPANDANA~5,500 Cr

Fusion FinanceListedFUSION~3,500 Cr

Frequently Asked Questions

About Arthan Finance

Arthan Finance Limited is a New Delhi-based NBFC incorporated in 2016, focused on providing financial services to underserved MSME borrowers and rural/semi-urban consumers. As a relatively newer NBFC established post-IBC regulatory framework, Arthan Finance has been built with digital-first credit assessment and disbursement capabilities. India's MSME sector contributes approximately 30% of GDP, employs over 110 million people, and comprises 63+ million enterprises — yet remains significantly underserved by formal credit. The credit gap for MSMEs is estimated at Rs 20-25 lakh crore, creating a massive market opportunity for MSME-focused NBFCs. Arthan Finance targets this gap by providing collateral-light business loans to small enterprises and individual entrepreneurs. New Delhi's position as India's capital and a major commercial hub provides Arthan Finance with proximity to regulatory bodies (RBI, Ministry of Finance), talented financial services professionals, and a large MSME borrower base across Delhi-NCR, UP, Rajasthan, and Haryana. The company has been growing its loan book since 2016, leveraging digital credit assessment to reach underserved segments cost-effectively. India's fintech-enabled lending revolution has created new opportunities for smaller NBFCs to grow rapidly through technology partnerships, co-lending arrangements with banks, and direct-to-consumer digital channels. Arthan Finance's relatively recent vintage (2016) means it has been built with these capabilities from the ground up, potentially giving it advantages in digital loan processing and underwriting efficiency.

Key Milestones

Incorporated 2016 in Delhi (CIN: U65929DL2016PLC295064); RBI-licensed NBFC for MSME lending

Common questions about unlisted shares

How do I buy Arthan 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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