

Manappuram Asset Finance Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 70.25 Cr
- Company Age 37 Year, 8 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 eight 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
- Location
Thrissur, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921KL1987PLC004810
- Company No.
004810
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jun 1987
- Date of AGM
19 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- 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 ![]() | Director | 18-Sep-2015 | Current |
Titu Prasannan ![]() | Whole-Time Director | 18-Sep-2015 | Current |
Arakkal Mohanan ![]() | Director | 01-Dec-2012 | Current |
Kizhiyedath Bhasi ![]() | 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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
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)
- Manappuram Jewellers Limited.
Vatekat Venugopalan is a mutual person
- Manappuram Construction And Consultants Limited
Vazhoor Vysababu is a mutual person
- Manappuram Comptech And Consultants Limited
Arakkal Mohanan is a mutual person
- Maben Nidhi Limited
Vazhoor Prasannan is a mutual person
- Ridhvi Constructions And Interiors Private Limited
Titu 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.
Latest Updates, News, and FAQs on Manappuram Asset Finance
Recent activity within the organization
- Charges
A charge with City Union Bank Limited of Rs. 25.00 Cr registered on 25 Aug 2023 with Charge ID 100783235 was modified on 26 Sep 2024.
- Charges
A charge with Dhanlaxmi Bank Limited of Rs. 63.00 Cr registered on 18 Oct 2012 with Charge ID 10386465 was modified on 10 Sep 2024.
- Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 100975865 was registered on 27 Aug 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100958503 was registered on 24 Jul 2024.
- Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100958514 was registered on 24 Jul 2024.
- Charges
A charge with Others amounted to Rs. 2.04 Cr with Charge ID 100951781 was registered on 09 Jul 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Manappuram Asset Finance Limited?
Manappuram Asset Finance Limited was incorporated on 24 Jun 1987.
What is authorized share capital and paid-up capital of Manappuram Asset Finance Limited?
The authorized share capital of Manappuram Asset Finance Limited is ₹ 80.00 Cr and paid-up capital is ₹ 70.25 Cr.
Who are the current board members & directors of Manappuram Asset Finance Limited?
Currently 9 directors are associated with Manappuram Asset Finance Limited.
- Vatekat Venugopalan
- Vazhoor Sankaranarayanan Prasannan
- Vazhoor Sakaranarayanan Vysababu
- Titu Prasannan
- Arakkal Kunjandy Mohanan
- Kizhiyedath Vishnu Bhasi
- Unnikrishnan
- David Romy Jose
- Parathodi Krishnaraj
What is the registered address of Manappuram Asset Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Manappuram Asset Finance Limited is 111/105 Opposite Natika Firka Co-Orperative Rural Bank Near Chandapadi Junction, Valapad P O India, Thrissur, Kerala, 680567.
What is the corporate identification number (CIN) and company number of Manappuram Asset Finance Limited?
The corporate identification number (CIN) of Manappuram Asset Finance Limited is U65921KL1987PLC004810 and the company number is 004810 as per Ministry of Corporate Affairs (MCA).
What is the official website of Manappuram Asset Finance Limited?
The Official website of Manappuram Asset Finance Limited is https://www.maafin.in
What has been the recent revenue trend for Manappuram Asset Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Manappuram Asset Finance Limited has risen by 17.70%.
How many employees does Manappuram Asset Finance Limited currently have?
As Per 2023 financial reports, 718 employees are currently employed by Manappuram Asset Finance Limited.
What change has been observed in the net worth of Manappuram Asset Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Manappuram Asset Finance Limited has experienced an upsurge of 32.46%.
What are the total open charges for Manappuram Asset Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Manappuram Asset Finance Limited amount to ₹ 425.62 Cr.
When was the last Balance Sheet of Manappuram Asset Finance Limited filed with the ROC?
The most recent Balance Sheet for Manappuram Asset Finance Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
- Vazhappully NandakumarDirector
JP
Jyothy PrasannanDirectorWG
Wales GopalanDirectorRS
Ramakrishnan SitaramanDirectorKN
Kadamully NairManaging DirectorTR
Thekke RajanDirectorUV
Unnikrishnan VeetilDirectorAN
Ashok NairDirector
Similar Companies Based on NBFC
- Tata Capital Limited Mumbai, Maharashtra, India
- Shriram Finance Limited Chennai, Tamil Nadu, India
- Indian Railway Finance Corporation Limited South West Delhi, Delhi, India
- Power Finance Corporation Limited New Delhi, India
- Sbi Cards And Payment Services Limited Delhi, India
- Mahindra And Mahindra Financial Services Limited Mumbai, Maharashtra, India
- Cholamandalam Investment And Finance Company Limited Chennai, Tamil Nadu, India
- Bajaj Finance Limited Pune, Maharashtra, India