Incorporated in Mar.'84, Manipal Finance Corporation Ltd was promoted by the Pais of Manipal. The Company is concentrating only on recovery of its dues and settling the debts. The Company core activity is presently restricted to recovery of pending dues. Efforts are being made to contact the individual investors to refund the unclaimed investments.
The company's rights issue in 1994 at a premium of Rs 5 received an overwhelming response. During 1994-95, the company opened two new branches, at Nellyadi, Karnataka, and at Malad, Bombay. The total number of branches of the company stands increased at 50.
In view of the non-availability of sufficient limit for acceptance of deposits during 1994-95, the company could not attain the desired improvement in disbursements under its hire-purch ...ase scheme.
With the enhancement in the net worth position of the company consequent to allotment of shares and creation of additional reserves as in Mar.'95, the company could improve its borrowing strength.
The company suffered a loss of Rs.1591.16 lakhs for the year 1999-2000, as compared to Rs.177.54 lakhs in the previous year.
1. Can I buy Manipal Finance Corporation Ltd from PL Capital? ›
Yes, you can invest in Manipal Finance Corporation Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Manipal Finance Corporation Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Manipal Finance Corporation Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Manipal Finance Corporation Ltd pay dividends? ›
Manipal Finance Corporation Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Manipal Finance Corporation Ltd ? ›
As of
24-12-2025 the share price for Manipal Finance Corporation Ltd. is 9.99 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Manipal Finance Corporation Ltd ? ›
The 52-week high and low of Manipal Finance Corporation Ltd share price is ₹ 7.5 - ₹ 21.73 as of
24-12-2025 .
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