Manipal Finance Corporation Limited - Company Profile

It is a financial services public limited company based in Manipal, Karnataka, India, established in 1984.
1984 Manipal, Karnataka, India Active
Last Updated:
Access Report
About Manipal Finance Corporation Limited

Manipal Finance Corporation Limited, a active public limited company, was established on 29 March 1984 in Manipal, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: L65910KA1984PLC005988. Registered under ROC Roc Bangalore. it is listed on BSE: 507938. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹11.33 Cr.

It upholds a compliant status. Employing 2 professional, Its leadership includes Narayan Thonsemadhava Pai (Managing Director), Basthi Pai Ashok (Nodal Officer), Hiriadka Mohandas (Director). Past directors included Raghavendra Nayak, Thonse Sanjay Pai, Basthi Pai Ashok. It holds ₹32.76 Cr open charges and ₹2.95 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Regd. Office,Manipal House, Manipal, Karnataka, 576104.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L65910KA1984PLC005988

  • Registration Number

    005988

  • Incorporation Date

    29 March 1984

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹11.33 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Listed (BSE: 507938)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.33 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 32.76 Cr
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth **** -13.85%
  • Profit Growth **** -29.94%
  • Ebitda **** -158.45%
  • Net Worth 10.90%
  • Total Assets -53.10%
Company report

Manipal Finance Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Manipal Finance Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Manipal Finance Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Narayan Thonsemadhava Pai Managing Director 01 Jan 2008 Current
Basthi Pai Ashok Nodal Officer 31 Mar 2022 Current
Hiriadka Mohandas Director 26 Sep 2025 Current
Vinoda Sherigar Chandappa Director 29 Jun 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Jan 2007 Past
Pramod Abcsdd Cfo 30 Mar 2024 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Additional Director 09 Sep 2024 Past
Pramod Abcsdd Cfo - Past
Pramod Abcsdd Additional Director 29 Sep 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Manipal Finance Corporation.

Manipal Finance Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.85% decrease. The company also saw a substantial fall in profitability, with a 29.94% decrease in profit. The company's net worth Soared by an impressive increase of 10.9%.

Manipal Finance Corporation revenue growth over time
Manipal Finance Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -13.85%
*******
*******
*******
*******
Revenue from Operations
*******
 -15.14%
*******
*******
*******
*******
Total Assets
*******
 -53.10%
*******
*******
*******
*******
Profit or Loss
*******
 -29.94%
*******
*******
*******
*******
Net Worth
*******
 10.90%
*******
*******
*******
*******
EBITDA
*******
 -158.45%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Manipal Finance Corporation?

In 2021, Manipal Finance Corporation had a promoter holding of 34.29% and a public holding of 65.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹327,627,000.00

Satisfied Charges

₹29,500,000.00

Charges Breakdown by Lending Institutions
  • Icds Securities Limited : 30.00 Cr
  • Others : 1.61 Cr
  • Shamarao Vithal Co-Operative Bank Ltd. : 0.50 Cr
  • Indian Renewable Energy Development Agency Limited : 0.25 Cr
  • United Commercial Bank : 0.25 Cr
  • Others : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
20 Apr 2022 Others ₹1.61 Cr Open
02 Nov 1998 Icds Securities Limited ₹30.00 Cr Open
04 Jun 1998 Indian Renewable Energy Development Agency Limited ₹2.53 M Open
23 Mar 1993 Shamarao Vithal Co-Operative Bank Ltd. ₹5.00 M Open
21 Feb 1990 Canara Bank ₹1.50 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Manipal Finance Corporation?

Manipal Finance Corporation has a workforce of 2 employees as of Mar 28, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manipal Finance Corporation, 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 Manipal Finance Corporation's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Manipal Finance Corporation
Recent Activity within the Organization
  • Annual General Meeting

    Manipal Finance Corporation Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Hiriadka Mohandas was appointed as a Director was appointed as a Director on 26 Sep 2025 & has been associated with this company since 5 months 3 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Manipal Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Srikara Mallya was appointed as a Cfo was appointed as a Cfo on 29 Apr 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Charges

    A charge with Others of Rs. 1.61 Cr registered on 20 Apr 2022 with Charge ID 100561217 was modified on 27 Feb 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 07 Dec 1989 via Charge ID 90190520 with Andhra Bank was fully satisfied on 19 Aug 2022. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Manipal Finance Corporation Limited?

The CIN of Manipal Finance Corporation Limited is L65910KA1984PLC005988.

Where is Manipal Finance Corporation Limited headquartered?

Manipal Finance Corporation Limited is headquartered at Regd. Office,Manipal House, Manipal, Karnataka, 576104.

When was Manipal Finance Corporation Limited incorporated?

Manipal Finance Corporation Limited was incorporated on 29 March 1984.

Who are the current directors of Manipal Finance Corporation Limited?

The current directors of Manipal Finance Corporation Limited are

What is the primary industry of Manipal Finance Corporation Limited?

The primary industry of Manipal Finance Corporation Limited is Financial And Insurance Service.

Is Manipal Finance Corporation Limited a listed company?

Manipal Finance Corporation Limited is listed. It is listed on BSE: 507938.

What is the capital structure of Manipal Finance Corporation Limited?

The authorized capital of Manipal Finance Corporation Limited is ₹15.00 Cr, and the paid-up capital is ₹11.33 Cr.

What is the compliance status of Manipal Finance Corporation Limited?

The compliance status of Manipal Finance Corporation Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available