Tag Archives: Manappuram

Manappuram Home Finance NCD: Should you invest?

Manappuram Home Finance has hit the market today with secured Non-Convertible Debentures (NCDs) offering up to 10.65% in interest (called coupon). The issue has a base size of ₹100 crore and the company can retain up to another ₹100 crore in case of oversubscription. The issue opens today (30 September 30) and closes on 29 October 29. The minimum investment is ₹10,000. The ... Read More »

Manappuram Finance Q1 net profit rises 36% to Rs 272 cr

Manappuram Finance on August 13 reported a 36 per cent rise in its profit after tax (PAT) to Rs 272.23 crore on a consolidated basis during the first quarter ended June 30. The company had posted a net profit of Rs 199.99 crore during the April-June period of the previous fiscal. Income (consolidated) rose to Rs 1,184.70 crore in the three months ... Read More »

Manappuram Finance withdraws release on securing funding from NABARD

Non-banking finance company Manappuram Finance Thursday withdrew a release it had issued earlier in the day regarding securing debt funding from NABARD. The release titled ‘Manappuram Finance secures Rs 695 crore debt funding from NABARD’ is being “retracted with immediate effect due to factual inaccuracies in statement as well as transaction”, the company said. Manappuram Finance also said it would come out with a revised announcement ... Read More »