Manipal Finance Corporation Limited Company Logo

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
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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 (Director), Vinoda Sherigar Chandappa (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 10 September 2024, with the balance sheet filed on 31 March 2024. It is based at Regd. Office,Manipal House, Manipal, Karnataka, 576104.

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 Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.33 Cr
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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.

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Who are the key members and board of directors at Manipal Finance Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Narayan Thonsemadhava PaiManaging Director01 Jan 2008Current
Basthi Pai AshokDirector30 May 2018Current
Vinoda Sherigar ChandappaDirector29 Jun 2015Current
Hiriadka MohandasDirector26 Sep 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Jan 2007Past
Pramod AbcsddCfo30 Mar 2024Past
Pramod AbcsddAdditional Director28 Sep 2018Past
Pramod AbcsddAdditional Director09 Sep 2024Past
Pramod AbcsddCfo-Past
Pramod AbcsddAdditional Director29 Sep 2015Past

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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
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
20 Apr 2022Others₹1.61 CrOpen
02 Nov 1998Icds Securities Limited₹30.00 CrOpen
04 Jun 1998Indian Renewable Energy Development Agency Limited₹2.53 MOpen
23 Mar 1993Shamarao Vithal Co-Operative Bank Ltd.₹5.00 MOpen
21 Feb 1990Canara Bank₹1.50 MOpen

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 growth trends for Manipal Finance Corporation Limited

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.

Latest Updates, News, and FAQs on Manipal Finance Corporation

Recent Activity within the Organization

  • Director Appointment

    The activity Hiriadka Mohandas was appointed as a Director was appointed as a Director on 26 Sep 2025 & has been associated with this company since 2 months 23 days . was completed.

  • Annual General Meeting

    Manipal Finance Corporation Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    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 7 months . 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 2024 with Roc Bangalore. was documented.

  • Charges

    Progress on 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 documented.

  • Charges

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

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.

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