Manappuram Finance to foray home finance business in 6 months: Report

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

26 Dec 2013 Evaluate

Manappuram Finance is reportedly planning to enter into home finance business in 6 months. Moreover, the company is also planning to start secured lending to small and medium enterprises (SMEs) in coming 6 months. At present, the company is mainly engaged in providing retail advances against bullion asset collaterals, in the form of household used jewellery.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and had 2,908 branches across India at the end of FY’12.

Peers

Company Name	CMP
Bajaj Finance	1016.00
Shriram Finance	996.95
Aditya Birla Capital	389.55
Tata Capital	343.90
Chola Invest & Fin.	1761.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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.