Nonconvertible Debenture (NCD) of Manappuram Finance

   Manappuram Finance Limited is issuing the nonconvertible debenture (NCD) from 24 Oct-22 Nov 2018.

Manappuram Finance Limited, which is issuing its NCD is India’s well known gold finance company.

manappuram ncd


Company Details

   Manappuram finance is one of the major NBFCs in India. It has the primary business related to gold finance. It provides short-term personal loans against gold jewelry and business loans. It focuses primarily on retail customers. This company was incorporated as Manappuram General Finance and Leasing Limited in July 1992 at Thrissur, Kerala. Its name was changed to Manappuram Finance Limited in June 2011. The other involvements of the company include Vehicle and Equipment Finance Business, Payments, SME, FOREX and money transfer.

   This company has also expanded its other business verticals such as microfinance business through its subsidiary AML, housing finance business through its subsidiary MHFL and insurance broking through its subsidiary MAIBRO. This company as a portfolio of 2.25 million. It has 3,331 branches across 28 states and UTs in India.

Objectives of Issue of NCD

The following are the objectives of this issue:-

  1. For the purpose of onward lending, financing, and for repayment /prepayment of interest and principal of existing borrowings of the company.
  2. General Corporate Purposes
Issue Details

Issue Type: Secured Redeemable Nonconvertible Debentures

Issue Opens: 24-Oct-2018

Issue Closes: 22-Nov-2018

Face Value: Rs 1,000 /- per NCD

Coupon/Interest Rate: 10.40% Per Anum

Minimum Order: 10 NCD of Rs 1,000 Each, (Rs 10,000/-)

Issue Size: Rs 1,000 Crores

Listing: BSE

Rating of Issue
  • CARE Ratings Ltd: CARE AA/Stable
  • Brickwork Ratings India Private Limited: BWR AA+/Stable
Maturity and Redemption

The company is offering a variety of maturity tenures and redemption options depending on the choice of investor. Please go through the prospectus of the company and contact the registered investment advisor for further details.

Company Contact Details

Address: IV/470A (Old) W/638A(New), “Manappuram House”, Valapad, Thrissur 680567
Telephone: +91-4873050000, Fax: +914872399298,


Lead Managers

A. K. Capital Services Limited
30-39, Free Press House, 3rd Floor, Free Press Journal Marg 215, Nariman Point, Mumbai- 400021, Telephone: +91-2267546500, Fax: +91-2266100594, Email ID: manappuram.2018ncd

Edelweiss Financial Services Limited
Edelweiss House, Off CST Road Kalina, Mumbai 400098, Telephone: +91-2240863535, Fax: +912240863610, Email ID:


Link Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400083, Telephone: +91-2249186200, Fax: +91-2249186195, Email:

Debenture Trustee

Catalyst Trusteeship Limited (formerly GDA Trusteeship Limited)
‘GDA House’, Plot No. 85, Bhusary Colony (Right), Kothrud, Pune 411 038, Telephone: +91-2249220543, Fax: +91-2049220505, Email:

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