Overview
Type
Public Limited Company
Headquarters
Asia-Pacific (APAC)
Category
Financial Services
Manappuram Finance Ltd. is one of India’s largest and most trusted gold loan companies, with 4,199 branches across the length and breadth of the country. It currently has nearly Rs. 157.65 billion worth assets under management (AUM), and 20,185 employees. Promoted by Shri. V.P. Nandakumar, the current MD & CEO, the company was founded in the modest coastal village of Valapad (Thrissur District) by his late father Mr. V.C. Padmanabhan in 1949. The first non-banking financial company (NBFC) in Kerala to receive a Certificate of Registration issued by the RBI, it was also among the earliest to go for an IPO in 1995. In 2007 Sequoia Capital invested Rs.700 million along with Hudson Equity Holdings, heralding a period of accelerated growth, and in 2010 it became the first NBFC in Kerala to obtain the highest short term credit rating of A1+ from ICRA. In 2010, it became the first Kerala-based NBFC to offer ESOPs (Employee Stock Option Plan) to its middle and senior management functionaries. As a pioneer and trailblazer, Manappuram Finance Ltd. has always been an innovator par excellence in the gold loan product and the adoption of technology. Besides focus on the business, the cause of the wider community is central to the vision of the company. The Manappuram Foundation was established in October 2009 to drive the company’s initiatives in Corporate Social Responsibility (CSR). In recent years, the company has diversified into new business areas like micro-finance, vehicle and housing finance, and SME lending through the subsidiaries Manappuram Home Finance Ltd, Manappuram Insurance Brokers Ltd, and Asirvad Microfinance Limited. Our mission is to make life easy for common people of India with instant and easy loans, with a vision of unlocking the value of their savings in gold jewellery. Manappuram Finance Ltd. is a non-banking finance company. The Company offers loans against gold collateral, business loans, vehicle loans, foreign exchange and money transfer services, and sells gold coins. Manappuram Finance Ltd. operates as a non-banking financial company. MANAPPURAM FINANCE LIMITED - India's Largest Listed and Highest Credit Rated Gold Loan Company! To avail hassle free Loan on Gold Jewellery or Gold Ornaments, please visit your nearest branch of Manappuram Finance Limited. Link - www.manappuram.com/goldloManappuram Finance Ltd. is a non-banking finance company. The Company offers loans against gold collateral, business loans, vehicle loans, foreign exchange and money transfer services, and sells gold coins. MANAPPURAM FINANCE LIMITED is located in Thrissur, Kerala, India and is part of the Consumer Lending Industry. MANAPPURAM FINANCE LIMITED has 20,160 total employees across all of its locations and generates $511.80 million in sales (USD). There are 892 companies in the MANAPPURAM FINANCE LIMITED corporate family. MANAPPURAM FINANCE LIMITED is located in Thrissur, Kerala, India and is part of the Consumer Lending Industry. MANAPPURAM FINANCE LIMITED has 20,160 total employees across all of its locations and generates $511.80 million in sales (USD). There are 892 companies in the MANAPPURAM FINANCE LIMITED corporate family.
