Brickwork revises rating assigned to NCDs issue of Manappuram Finance

Manappuram Finance Ltd. | Finance - NBFC | BFSI | BSE: 531213 | NSE: MANAPPURAM

01 Jan 2015 Evaluate

Credit rating agency, Brickwork Rating India has revised the credit rating for the Non Convertible Debentures (NCDs) of Manappuram Finance from ‘A+’ with stable outlook to ‘AA-‘ with stable outlook. The Instrument with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit Risk.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.

Peers

Company Name	CMP
Bajaj Finance	988.60
Shriram Finance	999.10
Aditya Birla Capital	395.65
Tata Capital	338.00
Chola Invest & Fin.	1692.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.