Manappuram Finance Limited · NSE:MANAPPURAM
Manappuram Finance — Merger or Acquisition (March 2025)
10 slides from Manappuram Finance's merger presentation, Mar 20, 2025
Slide 1: Bain Capital commits to acquire Joint Control in Manappuram Finance
Bain Capital commits to acquire Joint Control in Manappuram Finance March 2025
Slide 2: Transaction Rationale
Transaction Rationale Company looking to Partner with Bain Capital1 for Spearheading the next phase of growth in core segments with a well-structured strategic plan for the next 4-5 years Leveraging our strong foundation in gold loans and accelerating growth in other high potential segments Providin
Slide 3: Transaction Highlights (1/2)
Transaction Highlights (1/2) Bain Capital1 will invest ~INR 4,385 cr to acquire 18.0% stake on a fully diluted basis2 via preferential allotment of equity & warrants at a price of INR 236 per share; ~30% premium to 6 month average trading price The transaction will trigger a mandatory open offer for
Slide 4: Transaction Highlights (2/2)
Transaction Highlights (2/2) Bain Capital1 will be classified as Promoter of company post investment and will jointly control company with Existing Promoters Bain Capital1 will have the right to nominate for appointment certain members of the Executive Management like CEO & other key managerial pers
Slide 5: Pro-forma Shareholding Pattern
Pro-forma Shareholding Pattern Amount Particulars No of Shares Price per share % Stake1 (INR Cr) Preferential Issue – Equity Shares 9,29,01,373 236.0 2,192 9.0% Open Offer – 26% stake2 24,42,27,387 236.0 5,764 23.7% Preferential Issue – Warrants 9,29,01,373 236.0 2,192 9.0% Shareholding Pattern – Pr
Slide 6: An Introduction to Bain Capital (1/2)
An Introduction to Bain Capital (1/2) Global Presence ▪ One of the world’s leading private investment firms with ~$185 billion of assets under management ▪ Pioneered the value-added approach to investing, partnering closely with Founders & management teams to offer the insights that challenge conven
Slide 7: An Introduction to Bain Capital (2/2)
An Introduction to Bain Capital (2/2) Track record of scaling and running businesses in partnership with existing promoters in India Financial Services Industrials IT Services Others 7
Slide 8: Manappuram 2.0 (Update on Strategy)
Manappuram 2.0 (Update on Strategy) Robust & professionally managed company operating under strategic leadership of new CEO Fast track growth in gold loans by leveraging strong market position Accelerate scale-up of attractive mortgage & vehicle finance businesses Continued growth with stronger risk
Slide 9: Use of Funds
Use of Funds 01 Onward Lending 02 Investments in subsidiaries 03 General corporate purposes 9
Slide 10: Disclaimer
Disclaimer This presentation and the contents therein are for information purposes only and does not and should not construed to be any investment or legal advice. Any action taken or transaction pursued based on the basis of the information contained herein is at your sole risk and responsibility a
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