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255.45000 INR
0.1
0.04%
Last update Apr 2, 3:29 PM IST
Market closed
Day range
248
256.45001
Previous close
255.55000
Open
252.20000
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Manappuram Finance Ltd.
255.45
0.10
0.04%

Overview

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Description

Manappuram Finance Ltd. is a leading non-banking financial company (NBFC) in India, primarily engaged in the offering of gold loans. With its headquarters in Kerala, the company has carved out a significant niche in the lending market by providing short-term secured loans against pledged gold jewelry. This service is particularly vital in a country where gold is a culturally and economically important asset. Beyond gold loans, Manappuram Finance Ltd. has diversified its offerings to include microfinance, affordable housing loans, and vehicle and equipment finance, further broadening its market impact. The company plays a crucial role in facilitating financial inclusion by serving underbanked and rural populations, enhancing economic accessibility and liquidity. Manappuram Finance's extensive network of branches across India underscores its significant market presence, catering to diverse financial needs while complementing India's rapidly evolving banking system. As a major player in the financial services industry, it contributes to the economic fabric by empowering individuals and small enterprises with essential financial products, fostering overall economic growth and stability.

About

CEO
Mr. K. Senthil Kumar
Employees
24650
Address
Manappuram House
W-4/638 A, Manappuram House Valapad P.O.
Thrissur, 680 567
Phone
91 48 7305 0108
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XBOM
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