Manipal Finance Corporation Ltd
NSE: BSE: 507938
₹23.49
(0.04%)
Sat, 30 May 2026, 10:54 am
Market Cap0
PE Ratio0
Dividend0
Finance
Financial Conglomerates
24.5KCompany History
1984
- The company was incorporated on 29th March.
- The Company obtained the Certificate for Commencement of Business on 24th April.
1985
- 2,00,000 shares were subscribed by promoters.
1986
- 8,00,000 shares were issued at par, with 2,00,000 shares reserved and allotted to promoters, directors, and business associates.
- 40,00,000 shares were reserved and allotted on a preferential basis to employees of the Company.
- 5,60,000 shares were offered to the public in July.
1989
- The Company transacted hire purchase business to the extent of Rs 10.19 crores.
1990
- 2,700 forfeited shares were either reissued or forfeiture on them annulled.
- 5,00,000 rights shares were issued at par in proportion 1:2.
- 25,000 shares were issued at par to employees of the company.
1992
- The Company issued 10,11,387 Rights equity shares for cash at a premium of Rs 5 per share in proportion 2:3.
- 1,51,708 additional shares were allotted to retain oversubscription.
- 50,569 equity shares were offered to employees at a premium of Rs 5 per share.
1994
- 13,53,167 equity shares were allotted as rights at a premium of Rs 5 per share in proportion 1:2.
1995
- The Company allotted 26 lakhs warrants on a preferential basis to promoters and their associates.
- The Company allotted 5,00,000-17% cumulative redeemable preference shares of Rs 10 each on private placement basis.
2008
- The company designated an E-mail ID for Investors Complaints: [email protected]