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Manappuram finance Ltd. was established in 1949 by Mr. V.C. Padmanabhan. It is one of the leading and most trusted NFBC’s. It currently has assets that are worth Rs. 157.65 billion under management (AUM). The company’s mission is to make gold loans easy and instant for customers in India with the value of saving in jewellery.
The company has grown massively in the past years and developed in new areas like- microfinance, vehicle and housing finance, and SME lending through the subsidiaries Manappuram Home Finance Ltd, Manappuram Insurance Brokers Ltd, and Asirvad Microfinance Limited.
Mergers and acquisitions
Manappuram Finance Ltd. is a professionally managed corporation led by Shri V.P. Nandakumar, who owns around 35% of the company's total equity. Various Indian and foreign private equity funds own a similar share, while the rest is distributed among the general public. The company's shares are traded on both the BSE and the NSE.
Services
Manappuram Finance provides a rainbow of services like:
1) Gold Loan
2) Online Gold Loan
3) SME Finance
4) Forex & Money Transfer
5) Commercial Vehicle Loan
6) Home Finance
Milestones
Awards
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