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Manappuram Finance Ltd NCD (Manappuram Finance NCD Sept 2014) Detail

September 15, 2014 - October 8, 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.

Manappuram Finance NCD Sept 2014 Detail

Issue Open September 15, 2014 - October 8, 2014
Security Name Manappuram Finance Ltd
Security Type
Issue Size (Base) Rs 150.00 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

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

Company Promoters

The following individuals are the Promoters of the Company:

1. V. P Nandakumar
2. Sushama Nandakumar

Objects of the Issue

The Net Proceeds raised through this Issue will be utilised for following activities in the ratio provided as below :
1. For the purpose of lending- 75% of the amount raised and allotted in the Issue
2. For General Corporate Purposes- 25% of the amount raised and allotted in the Issue

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Manappuram Finance NCD Sept 2014 Prospectus

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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 NCD Sept 2014 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 NCD Sept 2014 Lead Manager(s)

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