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Manappuram Finance Ltd
Finance
₹ 256.55 -2.30 (-0.89%)
₹ 256.55 -2.30 (-0.89%)
- NSE
- BSE
Overview
- BSE Code 531213
- NSE Symbol MANAPPURAM
- ISIN Demat INE522D01027
- Book Value (₹) 139.32
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 22,951.08
- P/E (TTM) 12.98
- EPS (TTM) 20.89
- Div Yield (%) 1.29
Performance
Today’s Low 252.65
Today’s High 260.80
52W Low 138.35
52W High 284.90
Open 260.00
Prev. Close 258.85
Volume 20,68,632.00
Corporate Actions
Manappuram Finance Limited - Shareholders meeting
Apr 16, 2025Manappuram Finance Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on April 16, 2025
Manappuram Finance Limited - Shareholders meeting
Apr 16, 2025Manappuram Finance Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on April 16, 2025
About Manappuram Finance Ltd
Manappuram Finance is a Non-Banking Finance Company (NBFC) which supplies a wide range of fund-based and fee-based services, including gold loans, money exchange facilities, etc. The company originated as by Mr. V.C. Padmanabhan in 1949. Initially, the firm was engaged in pawnbroking and money lending on a modest scale. In 1986, the company’s founder, Mr. V.C. Padmanabhan, passed away and Shri. V.P. Nandakumar acquired the full reins of the business. The company was listed on BSE and NSE in 1995 after an IPO to the public.
In 1999, the company diversified its business into two-wheeler finance, consumer durables, etc. The company appointed Mr. Ashvin Chadda as an Additional Director in 2008. In 2011, the company changed its name to Manappuram Finance Ltd from Manappuram General Finance and Leasing Ltd. In 2014, Manappuram Finance finished the acquisition of Milestone Home Finance. The company continued its inorganic growth by finishing the acquisition of 99.81% of Equity Shares of Manappuram Comptech & Consultants Ltd in 2019.
As of March 2023, the company had a Pan-India presence with a wide network of 5,000+ branches across all Indian states and union territories. The company had served 5.88 Mn total customers, out of which 2.40 Mn were gold loan customers.
Business Segments
- Microfinancing (MFI) Loans:The company offers MFI loans to customers, such as the Income Generating Program (IGP) Loan, Product Loans, MSME Loans and Gold Loans. As of March 2023, MFI AUM stood at ₹92,972.1 million.
- MSME Loan:The organization commenced MSME enterprise in July 2019. The enterprise caters to the “Missing Middle” segment, largely comprising small enterprises like Kirana Shops, Small Manufacturing units, Agri and Allied trading, etc.
- Gold Loan:It launched the Gold Loan enterprise in 2021 with a key objective to help customers with ongoing enterprise capital for income generation activity.
- Vehicle & Equipment Finance:The company offers vehicle financing solutions to retail customers. The vehicle finance portfolio is about ₹24,551.40 million spread across 281 locations in 23 states as of March 2023.
- Manappuram Home Finance Limited:It is a wholly-owned subsidiary of the company, which came into existence as in 2010. The company offers home finance solutions to its customers.
- Manappuram Insurance Brokers Limited:This is a wholly subsidiary which acts as a licensed Insurance Broker with IRDAI.
- Asirvad Microfinance Limited:The company possesses a 97.60% stake in the company. It offers microfinancing services to its customers.
Key Personnel
Mr. V.P. Nandakumar, Managing Director & CEO Mr. V.P. Nandakumar is the Managing Director & CEO of the company. In 1986, Mr Nandakumar assumed control of this single-branch company following the passing of his father. It has grown at an extraordinary rate since then, and his leadership was crucial in crafting the tale of success.Corporate Action
Bonus Issue- The organization announced a bonus issue in the ratio of 1:1 with a record date of June 09, 2011.
- In 2010, Manappuram announced a bonus issue of shares in the ratio of 1:1 on a record date of May 03, 2010.
Founded | : 1992 |
Chairman | : Shailesh J Mehta |
Managing Director | : V P Nandakumar |
Address | : IV/470A (Old) W/638 (New), Manappuram House Valpad P O, Thrissur, Kerala, 680567, |
HO Tel | : 022 266743 11 |
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