As part of the deal, Bain Capital will acquire an 18.0% stake in Manappuram Finance on a fully diluted basis through a preferential allotment of equity and warrants at INR 236 per share—a 30% premium ...

Mr. V.P. Nandakumar is the Managing Director & CEO of Manappuram Finance Ltd., a leading gold loan company that is ranked among India’s top 20 non-banking finance companies. Manappuram’s ...

The major reason behind the delay in deal is Asirvad Micro Finance. The RBI barred Manappuram’s microfinance subsidiary from sanctioning and disbursing loans effective October 21 last year due to non- ...

Bain to acquire approximately 22% stake from VP Nandakumar, Manappuram Finance’s founder and MD & CEO and come up with an open offer to increase stake to 42%.

MUMBAI: The second largest pure-play gold loan player Manappuram Finance has inked a deal with Bain Capital for an equity infusion of Rs 4,385 crore for an 18% equity transfer. The deal also leads to ...

VP Nandakumar, CMD of Manappuram General Finance & LeasingIn an interview with CNBC-TV18’s Sonia Shenoy, spoke about the results and his outlook for the company. Advisory Alert: It has come to ...

Promoted by VP Nandakumar, who is also the MD & CEO of India’s second largest gold financier, private equity major Bain Capital is set to take majority stake in Manappuram Finance. The deal is ...