Arman Financial Services Limited
WhiteOak Capital Mutual Fund disclosed a 1.03% stake in Arman Financial Services, up from under 1%, holding 1,08,113 shares.
An RBI-registered category 'A' Non-Banking Finance Company headquartered in Ahmedabad, Arman Financial provides loans to unorganized sector borrowers in rural and semi-rural areas across six states. The company operates through approximately 400 branches serving a large customer base and offers three financial services: two-wheeler finance, group-based microfinance, and micro-enterprise loans to underbanked communities.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.