Aryaman Financial Service’s arm receives RBI registration

Aryaman Financial Services Ltd (AFSL) announced that its fully owned subsidiary Aryaman Finance (India) Ltd has secured a Certificate of Registration (CoR) from the Reserve Bank of India (RBI), authorizing it to operate as a Non-Banking Financial Institution.

Headquartered in Mumbai, AFSL operates as a SEBI-registered Category-I merchant banker specializing in lead management and syndication services for capital market transactions. These include Small and Medium Sized IPOs, FPOs, Rights Issues, Composite Issues, QIPs, PIPE deals, and venture capital funding within the ₹10 crore to ₹200 crore range.

The regulatory filing clarified that the subsidiary’s CoR permits it to function as a Type II NBFC, specifically a Non-Deposit taking Investment and Credit Company regulated under RBI guidelines.

Published on December 27, 2025