Mumbai, December 5 (Udaipur Kiran): Shares of Manappuram Finance Ltd advanced on Friday after the company received approval to raise up to Rs 500 crore through the issuance of Non-Convertible Debentures (NCDs). The stock was trading at Rs 275.60 on the BSE, up by 1.30 points or 0.47 per cent from its previous close of Rs 274.30.
The scrip opened at Rs 272.35 and touched an intraday high of Rs 276.65 and a low of Rs 271.50. A total of 43,938 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs 2, had earlier touched a 52-week high of Rs 298.00 on September 17, 2025, and a 52-week low of Rs 165.60 on December 5, 2024. Over the last one week, the stock moved between a high of Rs 289.90 and a low of Rs 271.50. The company’s current market capitalisation stands at Rs 23,323.51 crore.
Promoter holding in Manappuram Finance is 35.25 per cent, while institutional and non-institutional investors hold 39.33 per cent and 25.42 per cent, respectively.
The company has received approval for the issuance of Secured, Non-Cumulative, Redeemable, Listed, Rated, Non-Convertible Taxable Debentures of face value Rs 1,00,000, for an aggregate amount of up to Rs 500 crore, on a private placement basis. The approval was granted by the Financial Resources and Management Committee of the Board of Directors at its meeting held on December 5, 2025.
Manappuram Finance is a Systemically Important Non-Deposit Taking Non-Banking Finance Company (NBFC). It provides a wide range of fund-based and fee-based services, including gold loans and money exchange facilities.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
