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Manappuram Finance Ltd NCD (Manappuram Finance Ltd NCD) Detail

December 30, 2013 - January 20, 2014
Manappuram Finance Ltd Logo

Manappurm Finance Ltd is one of the leading listed NBFCs lending money against the pledge of household and/or used gold jewellery (�Gold Loans�) and the second largest Gold Loan provider in India. They provides short-term personal and business Gold Loans primarily to retail customers who require immediate availability of funds, but who do not have access to formal credit on an immediate basis. Company have a network of 3,293 branches in 26 states and union territories of India, including 2,299 branches in the southern states of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu.

They are headquartered in the southern Indian state of Kerala. Company's group commenced operations at Valapad, Thrissur, Kerala and has decades of established history in the money lending business, mainly in small-scale money lending against household and/or used gold jewellery. Company has been in the Gold Loan financing business since 1999. They have also provided other related services, including asset finance, money transfer and foreign exchange, sales of gold coins and business and personal lending. They focus on rapid, on-the-spot approval and disbursement of loans with minimal procedural formalities customers to complete. They have developed various Gold Loan schemes including Gold Loan C1, Gold Loan D1, Gold Loan D2, which offer variable terms in relation to the amount advanced per gram of gold, the interest rate and the amount of the loan, to meet the different needs of various customers.


Company is offering Secured Redeemable non-convertible debentures of Rs. 1000 each having coupon rates of 11.50% to 12.50% with a tenure of 400 days, 2,3,5 years and 70 months. It also offers cumulative, annually and monthly interest payment options translating into yields ranging from 11% to 12.94% depending on the option selected.

Manappuram Finance Ltd NCD Detail

Issue Open December 30, 2013 - January 20, 2014
Security Name Manappuram Finance Ltd
Security Type
Issue Size (Base) Rs [.] Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Payment Frequency
Basis of Allotment First Come First Serve Basis

Objects of the Issue

The funds raised through this Issue will, subject to applicable statutory and regulatory requirements, be utilized for the capital expenditure and working capital requirements, after meeting the expenditures of and related to the Issue.


This instrument is rated A+/Negative by CRISIL indicting an adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

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    Company Contact Information

    Manappuram Finance Ltd
    V/104, �Manappuram House�,
    Thrissur 680 567, Kerala

    Phone: (+91 487) 305 0000

    Manappuram Finance Ltd NCD Registrar

    Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270

    Manappuram Finance Ltd NCD Lead Manager(s)

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