Manappuram Finance is planning to raise Rs 500 crore through Secured, Rated Redeemable Non-Convertible Debentures (NCDs) for Rs 100 crore with an option to retain oversubscription upto Rs 400 crore and in this regard company’s board of directors holding a meeting of Financial Resources and Management Committee on December 24, 2021. The above issuance is pursuant to the approval of the Board of Directors resolution passed at its meeting held on March 19, 2021.
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.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 968.05 |
| Shriram Finance | 980.30 |
| Aditya Birla Capital | 366.60 |
| Chola Invest & Fin. | 1688.35 |
| Tata Capital | 325.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: