Big news coming for Mannappuram Finance Shareholders. Bain Capital a global private investment firm is ready to buy an 18% stake in Manappuram Finance. The value for this deal is set at Rs 4,385 Crore. This is surely going to affect Manappuram Finance Share Prices. So, is it the right time to Buy more shares or not? Let’s find out what analysts and experts are saying.
Big investment in Manappuram Finance
As per the report, Bain Capital’s investment will be done via preferential allotment of new shares and warrants, which is going to be priced at Rs 236 per share. That is a 30% premium over the average trading price of the past 6 months. This might trigger a mandatory open offer for an additional 26% stake, this will increase Bain’s total stake to 41.7% on a fully diluted basis.
Manappuram Finance Share Price in Today’s Market
Today, 21st March 2025, 9.45 am Manappuram Finance Share price is trading at Rs 229.61 which is 2.35% up from the opening price. The stock opened at Rs 226 today and already touched a high of Rs 230. The current UC limit is at Rs 239.25 and the LC limit is at 195.75. The current P/B ratio is at 1.51 which is quite high.
Company Financials
Established in 1949 Manappuram Finance has more than 5357 branches, which serve more than 6.59 million customers. This has diverse offerings like Gold Loan, Microfinance, Vehicle Finance, Housing Finance, and SME Lending. The total market Capitalization of the company currently stands around Rs 18,848 crore. Last quarter or Q3 FY24-25 the company reported a net sales of Rs 1798.71 Cr. Net Profit for the quarter is Rs 453.39 Crore. The profit has gone down slightly as a result of increasing expenses.
Recent News about Manappuram Finance Ltd
- Manappuram Finance’s subsidiary Asirvad Micro Finance announced the withdrawal of its IPO draft due to unfavourable market conditions.
- Bain Capital is about to acquire 18% stake in Manappuram Finance for Rs 4385 Crore.
Recommendation: Buy or Sell
As of the current situation, it might be a good time to invest in Manappuram Finance Shares. As Bain Capital is investing, operational improvements are going on along with market expansions. 21% of the analysts from moneycontrol suggest Buying and 47% suggest Holding. Only 7% suggest selling Manappuram Finance Shares.
