Manappuram Finance Limited is promoted by Mr. V.P. Nandakumar and is registered with Reserve Bank of India as a Non-Banking Finance Company.
Incorporated in 1992, Manappuram Finance Limited today has a pan-India presence with 4199 branches (Including branches of subsidiaries) across 28 Indian states and UTs. It has assets under management (AUM) of Rs.194.38 billion (as of March 31, 2019) and employs over 25,610 people. Recently, he steered the company’s diversification into microfinance, vehicle and housing finance, and SME lending where a successful start has been made. Mr. Nandakumar’s achievements in business have earned recognition at the national level. In May 2017, Business World magazine profiled him as one of India’s most valuable CEOs. He was one among the 16 finalists at the EY Entrepreneur of the Year Awards 2017 held in Mumbai on February 15, 2018. He was one of 13 nominees from India shortlisted for the CNBC Asia Business Leaders Award held in Jakarta in November 2016. Significantly, he is also hailed in stock market circles as a leading wealth creator for shareholders. In January 2017, Manappuram Finance Limited was ranked thirteenth in the list of the Top 20 wealth creators in the stock market published by Moneylife magazine.
The other companies / entities owned or controlled by Mr. V.P. Nandakumar are given below: