RBI Eases Gold Loan Norms: Potential Impact on Muthoot Finance Jun 06, 2025
Manappuram Finance May Benefit from Proposed Exclusion of Small Gold Loan Borrowers May 30, 2025
Manappuram Finance Sets Ambitious 18% ROE Target, Eyes Strong Growth in Non-Gold Segments May 12, 2025
Manappuram Finance Reports Narrowed Q4 Net Loss of ₹203.00 Crore May 12, 2025
More news about Manappuram Finance
09May 25
Manappuram Finance Reports Q4 FY25 Net Loss of ₹203.20 Crore, Declares Interim Dividend
Manappuram Finance Ltd. reported a consolidated net loss of ₹203.20 crore for Q4 FY25, compared to a profit of ₹563.50 crore in Q4 FY24. Net Interest Income declined by 6.70% year-over-year to ₹1,464.30 crore. Impairment charges increased sharply to ₹919.20 crore, significantly impacting profitability. Despite the loss, the company declared an interim dividend of ₹0.50 per share.
06May 25
Bain Capital Seeks Approval for Manappuram Finance Stake as Company Prepares for Q4 Earnings Call
Bain Capital has applied to the Competition Commission of India to acquire a stake in Manappuram Finance. Simultaneously, Manappuram is preparing for its Q4 FY25 earnings call on May 9, 2025, where key management will discuss financial performance and business outlook. The convergence of these events puts Manappuram in a significant position, with potential implications for its future strategy and operations in the NBFC sector.
05May 25
Manappuram Finance: Bain Capital Seeks CCI Approval for Rs 4,385 Crore Stake Acquisition
Bain Capital has applied for CCI approval to acquire an 18% stake in Manappuram Finance for Rs 4,385 crore through a multi-phase deal. Manappuram Finance also announced its Q4 FY25 Investors Earnings Call for May 9, 2025, where key executives will discuss financial results and business outlook.
30Apr 25
Manappuram Finance to Announce Q4FY25 Results and Consider Interim Dividend on May 9
Manappuram Finance will release its Q4 and full-year FY2025 results on May 9, 2025. The board meeting will review financial results and consider an interim dividend declaration. The trading window for company securities will be closed until 48 hours after the results announcement, reopening on May 12, 2025. Investors are focusing on loan book growth, asset quality, net interest margin, and potential dividend announcements.
02Apr 25
Manappuram Finance Soars as Bain Capital Plans Major Stake Acquisition
Global private equity firm Bain Capital plans to acquire up to 41.70% stake in Manappuram Finance, a leading Indian NBFC, for Rs 4,385 crore. The deal, expected to complete by December 2025, aims to strengthen governance, address succession planning, and support growth initiatives. The announcement has been well-received by the market, leading to analyst upgrades and increased target prices for Manappuram Finance's stock.
Bain Capital is set to acquire an 18% stake in Manappuram Finance, with potential for a higher stake by 2025. This acquisition grants Bain Capital joint control and board nomination rights. Concurrently, V.P. Nandakumar will transition to a non-executive role, and a planned refresh of the executive team is underway. Fitch Ratings views this as a potential solution to management succession concerns but cautions about continuity risks. An Extraordinary General Meeting is scheduled for April 16, 2025, to address these changes.
25Mar 25
Manappuram Finance Plans Borrowing Program for FY 2025-26, Capital Buffer Set to Strengthen
Fitch Ratings has given a positive outlook for Manappuram Finance Ltd following the company's move to raise new equity. This is expected to significantly strengthen the NBFC's capital buffer, enhancing its financial stability and growth prospects. The company's board is set to meet on March 29 to consider a borrowing program for FY 2025-26, and an Extraordinary General Meeting is scheduled for April 16, 2025.
Manappuram Finance Sees Major Block Trade as Bain Capital Set to Acquire Joint Control
Manappuram Finance announced a strategic partnership with Bain Capital, involving a Rs. 4,385 crore investment for an 18% stake. The deal includes a preferential allotment at Rs. 236 per share, a 30% premium over the 6-month average. Bain Capital will make a mandatory open offer for an additional 26% stake. The partnership aims to drive Manappuram's growth, enhance operations, and expand its presence in key segments. The transaction is subject to regulatory approvals and is expected to close by Q2-Q3 of the next fiscal year.
21Mar 25
Bain Capital to Acquire Joint Control in Manappuram Finance with ₹4,385 Crore Investment
Manappuram Finance has announced a strategic partnership with Bain Capital, involving a ₹4,385 crore investment for an 18% stake. The deal includes preferential allotment of equity shares and warrants at ₹236 per share, a 30% premium over the 6-month average trading price. A mandatory open offer for an additional 26% stake will be triggered. The partnership aims to drive expansion, strengthen management, and accelerate growth in various segments. V.P. Nandakumar will transition to non-executive chairperson, and the board will include two Bain Capital nominees. The transaction is subject to regulatory approvals.
20Mar 25
Manappuram Finance Announces Major Capital Raise, Acquisition, and Ownership Changes
Manappuram Finance Limited (MFL) is set to raise ₹4,385 crore through a preferential issue to BC Asia Investments, involving equity shares and warrants. The company will acquire a 99.92% stake in Manappuram Asset Finance Limited. BC Asia Investments will gain control over MFL, becoming a co-promoter alongside existing promoters. The board will be reconstituted with V.P. Nandakumar becoming non-executive chairperson. A mandatory open offer to public shareholders will follow. The company's subsidiary, Asirvad Micro Finance, will withdraw its DRHP, cancelling IPO plans.
18Mar 25
Manappuram Finance to Consider Fund Raising Options in Upcoming Board Meeting
Manappuram Finance's board will meet on March 20, 2025, to explore various fund-raising options including equity shares, warrants, convertible securities, and debt securities. The company will consider methods such as preferential issue, qualified institutional placement, and rights issue. Any fund-raising will require regulatory and shareholder approvals. The trading window for company securities will be closed from March 17 to March 24, 2025. Recent market speculation suggests Bain Capital may be looking to acquire a controlling stake in the company.
27Feb 25
Manappuram Finance Faces F&O Trading Restrictions as Stock Hits Position Limit
Manappuram Finance Ltd., a prominent NBFC, has been added to the futures and options (F&O) ban list by stock exchanges. This restriction prohibits new F&O positions but allows squaring off existing ones. The ban may lead to increased stock volatility, reduced derivatives liquidity, and a shift in trading focus to the cash segment. Investors are advised to monitor the situation closely and exercise caution in their trading decisions.
24Feb 25
Bain Capital Eyes Controlling Stake in Manappuram Finance in Potential ₹10,000 Crore Deal
Global private equity firm Bain Capital is in final negotiations to acquire a controlling stake in Manappuram Finance, a Kerala-based gold loan provider and non-bank lender. The deal, valued between ₹9,000-10,000 crore, would give Bain Capital up to 46% ownership through fresh capital infusion and secondary sale of promoter shares. The transaction is expected to be priced at ₹237-240 per share. Bain Capital plans to appoint a new CEO and transition current promoters to non-executive roles. An open offer to public shareholders is anticipated following the initial transaction.
19Feb 25
Manappuram Finance Hits F&O Ban List as Positions Exceed Limit
On February 19, 2025, Manappuram Finance Ltd was placed in the National Stock Exchange's Futures and Options ban list after exceeding 95% of the market-wide position limit. This restricts new positions in F&O trading for the stock, allowing only reduction of existing positions. The ban indicates high interest in the stock's derivatives and may lead to increased volatility and more activity in the cash market. The restriction will be lifted when open interest falls below the 95% threshold.