Introduction:
Leading NBFC is set to receive a ₹4,385 crore investment from Bain Capital, granting the US-based firm a 26% stake and joint control. An open offer for additional shares at ₹236 per share has also been announced.
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Share price movement of Manappuram Finance:
On March 21, 2025, Manappuram Finance Ltd opened at ₹226.50, up 4.14% from its previous close of ₹217.50. The stock reached a high of ₹231.00 (6.20%) and a low of ₹219.80. By 11:05 AM, it traded at ₹230.05, a 5.77% increase, with a market cap of ₹19,472.23 crore.
Bain Capital Acquires 26% Stake in Manappuram:
Manappuram Finance announced that Bain Capital will invest ₹4,385 crore to acquire a 26% stake, gaining joint control of the company. The US-based investment firm’s strategic move strengthens its presence in India’s non-banking finance sector, particularly in gold financing.
As part of the deal, Bain Capital has launched an open offer to acquire up to 24.42 crore shares, representing 26% of Manappuram Finance’s expanded voting share capital. The offer, priced at ₹236 per share, is being made through multiple Bain Capital investment entities.
Stock performance of Manappuram Finance for Period of 1 week, 6 months, and 1 year:
Manappuram Finance Ltd has delivered strong returns, gaining 4.50% in one week, 5.85% over six months, and an impressive 26.0% in one year, reflecting steady growth and investor confidence in the leading NBFC’s financial performance and market position.
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Shareholding pattern of Manappuram Finance:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 35.30% | 35.30% | 35.20% |
FII | 27.00% | 30.40% | 33.00% |
DII | 7.90% | 11.00% | 9.30% |
Public | 29.80% | 23.40% | 22.40% |
About Manappuram Finance:
Manappuram Finance Ltd (NSE: MANAPPURAM) is a leading NBFC offering fund-based and fee-based services, including gold loans and money exchange. As a systemically important non-deposit-taking NBFC, it plays a key role in India’s financial sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.