Manappuram Asset Finance Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 70.25 Cr
- Company Age 37 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 425.62 Cr
- Satisfied Charges ₹ 387.22 Cr
- Revenue Growth 17.70%
- Profit Growth 115.30%
- Ebitda -14.79%
- Net Worth 32.46%
- Total Assets 31.53%
About Manappuram Asset Finance
Manappuram Asset Finance Limited (MAFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 June 1987 and has a history of 37 years and seven months. Its registered office is in Thrissur, Kerala, India.
The Corporate was formerly known as L.F.C.Hire Purchase Company Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 70.25 Cr.
The company currently has active open charges totaling ₹425.62 Cr. The company has closed loans amounting to ₹387.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Manappuram Asset Finance Limited India are Unnikrishnan as Company Secretary, David Jose as Ceo, and Parathodi Krishnaraj as Cfo. Vatekat Venugopalan, Vazhoor Prasannan, Vazhoor Vysababu, and Three other members serve as directors at the Company.
Company Details
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Location
Thrissur, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65921KL1987PLC004810
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Company No.
004810
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 Jun 1987
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Date of AGM
19 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Manappuram Asset Finance?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vazhoor Prasannan
|
Managing Director | 24-Jun-2015 | Current |
| Unnikrishnan | Company Secretary | 15-Oct-2011 | Current |
| David Jose | CEO | 01-Apr-2022 | Current |
| Parathodi Krishnaraj | CFO | 01-Oct-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vatekat Venugopalan
|
Director | 01-Aug-2012 | Current |
|
Vazhoor Vysababu
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Director | 18-Sep-2015 | Current |
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Titu Prasannan
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Whole-Time Director | 18-Sep-2015 | Current |
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Arakkal Mohanan
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Director | 01-Dec-2012 | Current |
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Kizhiyedath Bhasi
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Director | 20-Jul-2022 | Current |
Financial Performance of Manappuram Asset Finance.
Manappuram Asset Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.7% increase. The company also saw a substantial improvement in profitability, with a 115.3% increase in profit. The company's net worth Soared by an impressive increase of 32.46%.
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What is the Ownership and Shareholding Structure of Manappuram Asset Finance?
In 2023, Manappuram Asset Finance had a promoter holding of 99.85% and a public holding of 0.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Manappuram Jewellers Limited.Vatekat Venugopalan is a mutual person
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Manappuram Construction And Consultants LimitedVazhoor Vysababu is a mutual person
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Manappuram Comptech And Consultants LimitedArakkal Mohanan is a mutual person
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Maben Nidhi LimitedVazhoor Prasannan is a mutual person
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Ridhvi Constructions And Interiors Private LimitedTitu Prasannan is a mutual person
Charges (Loans)
₹425.62 Cr
₹387.22 Cr
Charges Breakdown by Lending Institutions
- Others : 277.62 Cr
- Dhanlaxmi Bank Limited : 63.00 Cr
- State Bank Of India : 60.00 Cr
- City Union Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Others | ₹1.36 Cr | Open |
| 24 Jul 2024 | Others | ₹5.00 Cr | Open |
| 24 Jul 2024 | Others | ₹8.00 Cr | Open |
| 09 Jul 2024 | Others | ₹2.04 Cr | Open |
| 29 Jun 2024 | Others | ₹11.00 Cr | Open |
How Many Employees Work at Manappuram Asset Finance?
Manappuram Asset Finance has a workforce of 718 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Manappuram Asset Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Manappuram Asset Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
