Manappuram Finance Ltd, founded in 1992 and headquartered in Kerala, India, is a prominent non-banking financial company (NBFC) that specializes in gold loans and is dedicated to providing accessible financial solutions to retail customers. The company also offers a range of services, including micro finance, insurance, and foreign exchange, catering to the diverse needs of its clientele.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MGFLIN 9.22% 2033-03-13 INRManappuram Finance Ltd | India | 2033-03-13 | 9.220 | 7.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its first bond issuance in 2010, Manappuram Finance has gained attention for its substantial and strategic bond offerings, including a landmark ₹1,000 crore issuance in 2019. Currently, the company’s bonds yield favorable rates compared to the industry average, reflecting its robust financial health, backed by a strong gold loan portfolio. Notably, its bonds feature options for early redemption, appealing to investors seeking flexibility. Recent news indicates Manappuram's commitment to diversifying its funding sources, which is vital amid evolving economic conditions.